Route spending through 5X accelerated rewards up to ₹2 lakh spends per month on eligible travel categories (Magnus page/FAQ)..
Earn 5X here — 6.0% back vs the base rate. Zero-effort multiplier if the card fits your habits.
Super-premium · Travel & Lifestyle
AXIS BANK · AXIS BANK MAGNUS
Axis Bank Magnus
ANNUAL FEE
₹12,500
FIRST-YEAR NET VALUE
₹38,880 for a mid spender · travel
AXIS BANK Magnus
•••• •••• •••• 4256
VALID THRU 12 / 28
MASTERCARDUpdated 17 Sep 2026 5 verified sources Data is current
01 ELIGIBILITY
Can I get this card?
Meet these thresholds and you're likely to be approved. Final call is Axis Bank's.
MONTHLY INCOME Check with bank Issuer-dependent
CREDIT SCORE 750+ Excellent band preferred
AGE 21 – 70 Primary or add-on applicant
RESIDENCY Indian PAN, Aadhaar + income proof
02 FIT
Is this card for me?
We've modeled this card's value for a default urban spender. Tweak the persona to see how it shifts — or personalize with your real spends.
DEFAULT PERSONA · MID SPENDER · TRAVEL
₹38,880 first-year net value · mid spender · travel
Category rewards ₹38,880
Welcome benefit· Welcome reward points ₹12,500
Annual fee − ₹12,500
Net first-year value ₹38,880
03 EARN
What will I earn?
Base rate, accelerated categories, milestones, and what each reward point is actually worth when you redeem.
BASE REWARD RATE
≈ 1.20% back on eligible spends 12 pts 12 points per ₹200
NOT ELIGIBLE Fuel · rent · wallets · utility · government
ACCELERATED CATEGORIES Up to 6.0% back
5X accelerated rewards up to ₹2 lakh spends per month on eligible travel categories (Magnus page/FAQ). 5X · 6.0%
Everything else (base) · 1.2%
04 MAXIMIZE · YOUR EDGE
How do I extract every rupee?
Plays grounded in this card's specific levers. Updated each time Axis Bank tweaks the program.
Line up your ₹25L before renewal.
Crossing ₹25L in the anniversary year waives the ₹12,500 fee — automatic for spenders at ₹2,08,333+/month. Watch your pace in months 10–12.
05 COSTS
What will I pay?
Fees, transaction charges, interest rates — all inclusive of taxes where noted.
FEES
Charges below are base amounts; GST applies where applicable.
Joining fee ₹12,500 · + 18% GST · one-time
Annual fee (year 2+) ₹12,500 · waived at ₹25L spend
Add-on cards Up to 3 free
TRANSACTION CHARGES
Foreign currency markup 2.0% · lowest in class
Finance charges (purchase) 3.49% per month · ~42% APR
Late payment ₹100 – ₹1,300 · based on outstanding
06 BENEFITS
What else comes with it?
Non-reward perks — lounges, dining, golf, insurance, concierge. Worth factoring into the total value, even when hard to price.
Airport lounges
unlimited domestic + unlimited international visits per year via Priority Pass. Primary cardholder.
Welcome voucher
₹12,500 Welcome reward points.
Travel cover
Air accident cover, lost-card liability, emergency card replacement abroad.
07 FAQ
Common questions
For a spender who hits the ₹25L waiver, yes — the net value is positive. For a casual spender, the math gets tight and a lower-tier card may fit better. See the Fit section above.
08 WHAT CHANGED
How Axis Bank Magnus has changed.
Last verified 17 Sep 2026.
- 17 Sep 2026 International lounge guest visits corrected from 8 to 4 per year (Axis revised this w.e.f. 20 Apr 2024; product page confirms). Fee ₹12,500 + taxes, ₹25L waiver, 2% forex, 12/35 EDGE points per ₹200 tiers, 5X Travel EDGE and ₹12,500 welcome voucher all re-verified. Slightly lower lounge value for travellers with companions; ranking inputs otherwise unchanged
HOW WE KEEP THIS CURRENT
Last verified 17 Sep 2026. Sources: Axis Bank Most Important Terms and Conditions (MITC) PDF, Axis Bank credit-card feature/benefit/charge revision FAQ PDF, Axis Bank Magnus Credit Card product page, Axis Bank Magnus more-benefits page, axis.bank.in. Next scheduled review: 17 Mar 2027.