Axis Bank · Premium travel card
Axis Bank Magnus Credit Card
Axis's super-premium lifestyle card. After the 2024 devaluations it rewards one profile clearly: people who put ₹1.5 lakh+ per month on the card and transfer EDGE points to airline partners at 5:2 (5:4 for Burgundy).
Fees & welcome
Joining fee
₹12,500 + GST.
Last reviewed 2026-06-12 — confirm on official page
Annual / renewal fee
₹12,500 + GST.
Last reviewed 2026-06-12 — confirm on official page
Fee waiver
Waived on spends of ₹25 lakh in the preceding year.
Last reviewed 2026-06-12 — confirm on official page
Welcome benefit
Choice of Luxe, The Postcard Hotels, or Yatra voucher worth ₹12,500 on first transaction within 30 days — confirm the current offer on the official page before applying.
Last reviewed 2026-06-12 — confirm on official page
Earn rates
Spends up to ₹1.5 lakh/month
12 EDGE Reward Points per ₹200
Spends above ₹1.5 lakh/month
35 EDGE Reward Points per ₹200
Travel EDGE portal bookings
60 EDGE Reward Points per ₹200 (up to ₹2 lakh/month)
Excluded categories
No points on utilities, rent above caps, government payments, wallets, insurance, gold/jewellery, and fuel
Last reviewed 2026-06-12 — confirm on official page
Plain math
At ₹2 lakh per month of eligible spend: roughly 9,000 points on the first ₹1.5L plus 8,750 on the next ₹50k ≈ 17,750 EDGE points per month — about 7,100 partner miles at the standard 5:2 transfer ratio.
Lounge & forex
Lounge access
Unlimited domestic lounge visits plus unlimited international lounge visits via Priority Pass, with 4 complimentary guest visits per year.
Last reviewed 2026-06-12 — confirm on official page
Forex markup
2%.
Last reviewed 2026-06-12 — confirm on official page
Who it's for
Best for
- Spenders consistently crossing ₹1.5 lakh/month who clear the 35-points tier.
- Frequent flyers who value unlimited domestic and international lounge access.
- Points-transfer users targeting partners like KrisFlyer and Etihad Guest.
Not ideal for
Anyone spending under ₹1.5 lakh/month, routing rent or utilities, or below the ~₹24 lakh annual income eligibility bar — the fee rarely pays back at lower volumes.
Official sources
Last reviewed 2026-06-12 · facts from the official issuer page. Issuers may change fees, earn rates, lounge counts and waivers without notice — always confirm before applying.