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Axis Bank

Axis Bank Magnus Credit Card

4.3Best for travel

Premium

How this card earns

Reward rates by category, with caps and an estimated yearly value.

Spend category	Reward rate	Monthly cap	Est. value/yr
Travel 60 EDGE Reward Points per Rs.200 on the TravelEdge portal (up to Rs.2,00,000/month), valued at Re.0.20/point = ~6% value-back. Above the cap reverts to 35 points/Rs.200.	6%	₹2,00,000	₹7,200
Everything else 12 EDGE Reward Points per Rs.200 on general spends up to Rs.1,50,000/month, valued at Re.0.20/point = ~1.2% value-back. Spends above Rs.1.5L/month earn 35 points/Rs.200 (~3.5%).	1.2%	₹1,50,000	₹1,440
All other spends	1.2%	—	₹1,440

Estimated yearly value assumes ₹10,000/month spend in each category, capped where the card caps rewards.

Joining fee₹12,500

Annual fee₹12,500

Annual fee waiverAnnual fee waived on spends of Rs.25,00,000 in the previous year

Foreign currency markup2%

Finance charge (p.a.)42.58%

12 EDGE Reward Points per Rs.200 (up to Rs.1.5L/month); 35 points per Rs.200 above Rs.1.5L/month
60 EDGE Reward Points per Rs.200 on TravelEdge portal (up to Rs.2L/month)
1 EDGE Reward Point = Re.0.20
Unlimited domestic & international lounge access (Priority Pass)
Comprehensive travel insurance
Annual fee waivable on Rs.25L spend

Premium

Axis Bank

4.7

Lounge access

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4.5

Best for bill payments

PremiumLounge access

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4.4

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