Axis

Axis Magnus Credit Card

Apply for Axis Bank Magnus Credit Card and get ₹12,500 welcome voucher, unlimited lounge access via Priority Pass & up to 35 EDGE Points per ₹200 spent

ShoppingAirport LoungeTravel
Issued by

Axis

Axis Magnus Credit Card image
Joining Fee₹12500
Annual Fee₹12500
Income₹150000
Credit Score750

Key Highlights

Get a Welcome Voucher Worth ₹12,500

choose from Luxe Gift Card, The Postcard Hotels Gift Voucher, or Yatra Gift Voucher on making first transaction within 30 days

Shopping

Earn 12 EDGE Reward Points per ₹200

on spends up to ₹1.50 Lakhs in a calendar month

Travel

Enjoy Unlimited Complimentary International Lounge

Access via Priority Pass Card, with 4 additional guest visits per year

Travel

Enjoy Unlimited Domestic Airport Lounge

Access on spending ₹50,000 in the previous 3 months, at select lounges in India

Shopping

Earn 12 EDGE Reward Points for Every ₹200 spent

on cumulative monthly spends up to ₹1.5 lakh, and 35 EDGE Reward Points per ₹200 on spends above ₹1.5 lakh

Shopping

Earn 60 EDGE Reward Points for every ₹200 spent

on Travel Edge portal, up to cumulative transactions of ₹2 lakh per month

Travel

Earn 2 Partner Miles for Every 5 EDGE Reward Points

transferable to 20 travel partners, up to 5 lakh EDGE points per calendar year

Enjoy Unlimited Domestic Airport Lounge

Access on spending ₹50,000 in the previous 3 months, at select lounges in India

Travel

Enjoy 8 complimentary Airport Meet & Greet services

per calendar year at 16 airports across India via Extraordinary Weekends

Travel

Save 15% on Bed and Breakfast Rates

at The Leela Palace Hotels & Resorts, valid till 30th September 2026

Eligibility

Age Criteria21-60

Applicants must be between 21 and 60 years of age at the time of application.

Credit Score750

A minimum credit score of 750+ is recommended for approval.

Salaried Income₹24 LPA

A minimum annual income of ₹24 LPA is required to apply for this card, as per bank eligibility criteria.

Self-employed Income₹24 LPA

A minimum annual income of ₹24 LPA is required to apply for this card, as per bank eligibility criteria.

Employment TypeSelf Employed, Salaried
New to CreditEligible

Fees & Waivers

Joining Fee₹12500

A one-time joining fee of ₹12500 is charged at the time of card issuance as per the bank's policy.

Joining Fee OffsetOne-way domestic economy flight ticket, Luxe Gift Voucher, or Postcard Hotels voucher worth up to ₹12,500 on card issuance.
Annual Fee₹12500

The annual fee is charged every year and may be waived if you meet the bank's spending conditions.

Annual Fee WaiverThe annual fee is waived if you spend ₹25 Lakh or more in a year on your card, as per bank policy.
Estimated Annual Saving₹100000

Rewards & Redemption

Reward Conversion1 Reward Point = ₹0.20
Redemption Options
  • Airmiles & Hotel Loyalty Points
  • Travel EDGE Portal
  • EDGE Rewards Catalog
  • Instant Vouchers & Gift Cards
Earning ExclusionsFuel Spends, Wallet Loads, Rent Payment, Utility Bill Payments, Government-related Transactions, Insurance Payments, Jewellery Purchases, Rewards Redemption, Cash Advances, Outstanding Payments
Spend ExclusionsFuel Spends, Wallet Loads, Rent Payment, Utility Bill Payments, Government-related Transactions, Insurance Payments, Jewellery Purchases, Rewards Redemption, Cash Advances, Outstanding Payments

Benefits

All Benefits

  • Welcome Voucher worth ₹12,500 — choose from Luxe Gift Card, Postcard Hotels, or Yatra Gift Voucher upon first transaction within 30 days
  • Unlimited International Lounge Access via Priority Pass with 4 guest visits per year
  • Earn up to 35 EDGE Reward Points per ₹200 on monthly spends above ₹1.5 lakh

Welcome Benefits

  • Welcome Voucher worth ₹12,500 upon making your first transaction within 30 days of card issuance
  • Choose from Luxe Gift Card, The Postcard Hotels Gift Voucher, or Yatra Gift Voucher
  • Benefit is available to primary cardholder only and can be availed within 6 months from card creation date

Travel Benefits

  • Earn 12 EDGE Reward Points for every ₹200 spent on cumulative monthly spends up to ₹1.5 lakh
  • Earn 35 EDGE Reward Points for every ₹200 spent on incremental spends above ₹1.5 lakh in a calendar month
  • Earn 60 EDGE Reward Points for every ₹200 spent on Travel Edge Portal, up to cumulative transactions of ₹2,00,000 per month
  • Transfer 2 partner miles for every 5 EDGE Reward Points across 20 travel partners, up to 5 lakh EDGE points per calendar year
  • Save 15% on bed and breakfast rates at The Leela Palace Hotels & Resorts (valid till 30th September 2026)
  • 8 complimentary Airport Meet & Greet services per calendar year at 16 airports across India via Extraordinary Weekends, valid for both domestic and international departures and arrivals

Airport Lounge Benefits

  • Unlimited complimentary International Lounge Access via Priority Pass Card, 4 additional guest visits per year on Priority Pass
  • Unlimited Domestic Airport Lounge Access at select lounges across India
  • Minimum spend of ₹50,000 in the previous 3 months required to unlock Domestic Lounge Access
  • For newly issued cards, minimum spend criteria is waived for the month of issuance and the following 3 months

Movie Benefits

  • BookMyShow benefits have been discontinued for all Magnus customers (w.e.f. 20th April 2024)

Surcharge Waiver Benefits

  • Enjoy a 1% fuel surcharge waiver on fuel transactions between ₹400 and ₹4,000, capped at ₹400 per month

Insurance Benefits

  • Purchase Protection Cover up to ₹2 lakh
  • Credit Shield cover up to ₹5 lakh
  • Loss or delay in baggage and personal documents cover up to $500
  • Price Protection Insurance is not applicable to Magnus cardholders

Documents

PAN Card
Aadhaar Card or valid address proof
Latest salary slips or income proof
Recent bank statements

Terms

...rewards
Welcome benefit is applicable only on spends within 30 days of card issuance

FAQ