Axis Bank Magnus Credit Card
Axis Bank • Visa • Super-premium
The Axis Magnus is a super-premium travel card offering unlimited lounge access, low forex markup, and lucrative EDGE Rewards. Ideal for HNIs and frequent flyers.
Value Example
With ₹30,000/month spending:
*Example based on base reward rate. Actual rewards may vary.
Rewards & Cashback
Equivalent to ~3% value
Accelerated rewards on high spends
On travel booked via Travel EDGE portal
Offers & Benefits
Choose voucher worth ₹12,500 from Luxe, Postcard Hotels, or Yatra
Priority Pass with unlimited visits + 4 guest visits/year
Access to select airport lounges across India
Up to 15% off at international and domestic properties
Up to 30% discount at 4,000+ restaurants across India
Pros & Cons
Pros
- ✓Unlimited international & domestic lounge access
- ✓₹12,500 welcome voucher covers first-year fee
- ✓Low 2% forex markup for international spends
- ✓35 EDGE points on spends above ₹1.5L/month
- ✓3% interest on late payment (lower than most)
Cons
- ✗Very high ₹25L spend required for fee waiver
- ✗Primarily invite-only for new customers
- ✗High annual fee if not utilized properly
Who Should Get This Card?
✅ Best Suited For:
Frequent international and domestic travelers who spend ₹2L+ monthly
❌ Not Ideal For:
Those with limited spending capacity or looking for a no-fee card.
Frequently Asked Questions
How long does approval take?
Typically 3-7 working days for Axis Bank. You'll receive an SMS/email once approved.
Can I get the annual fee waived?
Waived on ₹25 Lakh annual spend
What documents are needed?
PAN card, Aadhaar, latest salary slips (3 months), and bank statements (6 months).
How do I maximize rewards?
Focus on All Spends (up to ₹1.5L/month) to earn 12 EDGE Points/₹200.