Axis Bank MAGNUS
Axis Bank · Checked 2026-10-09
Axis Bank MAGNUS is a premium card built around travel benefits, flights and airport lounge access, with a ₹12,500 annual fee before GST.
CardIQ editorial view
Our take
Axis Bank MAGNUS is a premium card built around travel benefits, flights and airport lounge access, with a ₹12,500 annual fee before GST.
Who it suits
- People who prioritise travel benefits.
- People who prioritise flights.
- People whose normal usage can recover the annual fee through relevant benefits.
Key strengths
- 12 EDGE points per ₹200 up to ₹1.5 lakh monthly eligible spend.
- Lounge and guest access are subject to current spend-based conditions.
- Standard annual fee waived at ₹25 lakh eligible annual spend; Burgundy variant differs.
Trade-offs to understand
- 35 points per ₹200 on incremental eligible spend above ₹1.5 lakh monthly; issuer limits apply.
- Lounge and guest access are subject to current spend-based conditions.
- Standard annual fee waived at ₹25 lakh eligible annual spend; Burgundy variant differs.
CardIQ verdict
Shortlist it only if you can repeatedly use the premium benefits and comfortably recover the fee. Pay particular attention to this condition: 35 points per ₹200 on incremental eligible spend above ₹1.5 lakh monthly; issuer limits apply.
Compare before deciding
- Emirates Skywards ICICI Bank Emeralde — A lower-fee way to compare similar strengths in airport lounge access and reward points.
- KrisFlyer SBI Card Apex — A lower-fee way to compare similar strengths in reward points and flights.
This CardIQ editorial assessment is maintained separately from issuer facts and commercial links. CardIQ may earn a commission from some applications. Verify current terms before applying.
Benefits, limits and conditions
- 35 points per ₹200 on incremental eligible spend above ₹1.5 lakh monthly; issuer limits apply.
- Lounge and guest access are subject to current spend-based conditions.
- Standard annual fee waived at ₹25 lakh eligible annual spend; Burgundy variant differs.