Head-to-head

HDFC Bank Infinia Credit Card vs Axis Bank Magnus Credit Card

The super-premium heavyweight bout — points engines, lounges and ₹12,500 fees.

HDFC Bank Infinia Credit Card

HDFC Bank

4.9

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Axis Bank Magnus Credit Card

Axis Bank

4.3

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Our verdict

On steady-state net value (rewards + milestones − annual fee), the HDFC Bank Infinia Credit Card wins 3 of our 3 modelled spending patterns. The Axis Bank Magnus Credit Card trails across the board on these profiles. For a personal answer, put your real numbers into the recommender.

Net annual value, three ways

Verified reward rates and caps applied to three monthly spending patterns; milestones included, welcome bonuses excluded. Methodology

Spending pattern	HDFC Bank Infinia Credit Card	Axis Bank Magnus Credit Card	Better pick
Everyday spender₹35,000/mo	₹1,420/yr	₹-6,308/yr	HDFC Bank Infinia
Online-first shopper₹55,000/mo	₹22,180/yr	₹-2,276/yr	HDFC Bank Infinia
Frequent traveller₹1,10,000/mo	₹60,100/yr	₹26,380/yr	HDFC Bank Infinia

Side by side

	HDFC Bank Infinia Credit Card	Axis Bank Magnus Credit Card
Joining fee	₹12,500	₹12,500
Annual fee	₹12,500	₹12,500
Fee waiver	Renewal fee waived on spends of ₹10 lakh or more in the preceding 12 months	Annual fee waived on spends of ₹25,00,000 in the previous year. The qualifying spend excludes rent, wallet loads, utilities, government institutions, EMI conversions, cash withdrawals, reversals and fees and charges (from 1 September 2023), insurance, gold and jewellery and fuel (from 20 April 2024), and gift cards, bridge fees and road fees and tolls (from 28 August 2026). Nil joining and annual fee for customers with a Burgundy Salary Account opened on or after 1 July 2026.
Top reward rate	10%	6%
Base reward rate	1%	1.2%
Welcome bonus value	₹12,500	₹12,500
Forex markup	2%	2%
Lounge access	—	—
Min salaried income	—	₹24,00,000/yr
Our rating	4.9 / 5	4.3 / 5

Verified 2026-08-30 (HDFC Bank) · 2026-08-30 (Axis Bank). Confirm current terms on the issuer's site.

Frequently asked

Is the HDFC Bank Infinia Credit Card better than the Axis Bank Magnus Credit Card?

For most of the spending patterns we model, the HDFC Bank Infinia Credit Card comes out ahead on net annual value (rewards minus fees). The Axis Bank Magnus Credit Card still wins for some profiles — check the persona table for the pattern closest to yours.

Which card has the lower annual fee?

Both carry the same annual fee of ₹12,500.

Can I hold both cards?

Yes — banks assess each application independently, and pairing complementary cards is a common strategy. Mind the combined fees, your credit utilisation, and space out applications so multiple hard enquiries don't dent your score.

How is the net value calculated?

We apply each card's verified reward rates and caps to a monthly spend pattern, add unlocked milestone benefits, and subtract the annual fee — steady-state, excluding one-time welcome bonuses. The full formula is on our methodology page.

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