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Axis Bank Magnus Credit Card

Ultra-premium rewards & unlimited lounge access for the elite

JOIN
₹12,500
ANNUAL
₹12,500
REWARDS
1.2% to 6%
APR
43.20% p.a.
MASTERCARD CREDIT WorldElite Metal VIRTUAL OK
[ APPLY ON AXIS BANK → ]

§ BENEFITS

lounge

Unlimited Domestic Lounge Access

Unlimited complimentary domestic airport lounge visits

Unlimited

lounge

Unlimited International Lounge Access

Unlimited international airport lounge visits via Priority Pass

Unlimited

rewards

Edge Reward Points on All Spends

12 Edge Reward points per ₹200 spent on all transactions

12 ER per ₹200

concierge

24/7 Concierge Services

Dedicated personal concierge for travel, dining, and lifestyle assistance

Included

golf

Golf Privileges

Complimentary golf rounds at premium courses across India

Up to 12 rounds/year

dining

Dining Privileges

Up to 20% off at premium partner restaurants

Up to 20% off

travel

Low Forex Markup

Only 2% currency markup on international transactions

2%

fuel

Fuel Surcharge Waiver

1% fuel surcharge waiver on transactions between ₹400–₹4,000

1% waiver

§ ELIGIBILITY

Employment
Salaried / Self-Employed
Min annual income
₹18,00,000
Min monthly salary
₹1,50,000
Age
21 – 65
Min credit score
750
Existing account?
Not required
Invitation only?
No

§ FEES

Joining fee
₹12,500

† Excluding GST at 18%

Annual fee
₹12,500

† Excluding GST at 18%

APR (monthly)
3.60% p.m.
APR (annual)
43.20% p.a.
Late payment fee
₹1,200

† per cycle, charged to statement

Over-limit fee
₹500
Cheque bounce
₹500
Grace period
50 days
Min due
5%

† or ₹250, whichever higher

§ ATM & CASH

Own bank free / month
0
Own bank charge
₹250
Other bank free / month
0
Other bank charge
₹250
International withdrawal
₹250

† + 2.5% of txn

Cash advance fee
2.5%

† min ₹500

§ TRANSACTIONS

Currency markup
2%
DCC fee
1%
Cross-border fee
SMS alert / month
PIN regen
₹100
Physical statement
₹100

§ FUEL

Surcharge waiver
1%
Min txn
₹400
Max txn
₹4,000
Max waiver / cycle
₹400
Networks
All

§ LIMITS

ATM / day
₹40,000
POS + e-com / day
₹10,00,000
Contactless / txn
₹5,000
Contactless / day
₹50,000

§ INSURANCE

Accidental death cover
₹5,00,00,000
Permanent disability
₹5,00,00,000
Air accident
₹5,00,00,000
Travel insurance
₹50,00,000
Baggage
₹1,00,000
Lost-card liability
₹25,00,000

† within 24 h of loss

Purchase protection
₹2,50,000

† 90 days

§ REWARDS

Programme
Axis Edge Reward Points
Earn rate
12 ER per ₹200
Point value
₹0.2
Effective cashback
1.20%
Min redemption
500 pts
Expiry
3 years from date of accrual

§ LOUNGE

Domestic
Unlimited

† value ₹2,500 per visit

International
Unlimited via Priority Pass

† value ₹3,500 per visit

Domestic guests allowed?
Yes
International guests allowed?
Yes

§ SIMILAR CARDS

Information here is for reference. Always verify on the issuing bank's site before applying. oriz · cards is not affiliated with Axis Bank and earns no commission on applications.