Head-to-head · Updated July 2026
HDFC Bank Infinia Credit Card vs Axis Bank Magnus Credit Card
The super-premium heavyweight bout — points engines, lounges and ₹12,500 fees.
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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 | ₹33,436/yr | ₹-6,308/yr | HDFC Bank Infinia |
| Online-first shopper₹55,000/mo | ₹1,01,944/yr | ₹-2,276/yr | HDFC Bank Infinia |
| Frequent traveller₹1,10,000/mo | ₹2,27,080/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 Rs.25,00,000 in the previous year |
| Top reward rate | 33% | 6% |
| Base reward rate | 3.3% | 1.2% |
| Welcome bonus value | ₹12,500 | ₹12,500 |
| Forex markup | 2% | 2% |
| Lounge access | — | — |
| Min salaried income | — | ₹24,00,000/mo |
| Our rating | 4.9 / 5 | 4.3 / 5 |
Verified 2026-06-11 (HDFC Bank) · 2026-06-11 (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.