Axis Bank Magnus Credit Card card image

Axis Bank Magnus Credit Card

Features, Fees, & Benefits

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Joining Fees

Rs. 12,500 + GST

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Renewal Fees

Rs. 12,500 + GST

Movie & Dining

Movie & Dining : 20% Discount at 4,000+ Restaurants Across India Under the Axis Dining Delights Program

Rewards Rate

Rewards Rate : 12 Axis EDGE REWARDS Points for every Rs. 200 spent with the card, 5X EDGE REWARDS on travel spends via TRAVEL EDGE.

Reward Redemption

Reward Redemption : Axis EDGE REWARDS Points can be redeemed on the EDGE REWARDS portal at a value of 1 Edge Reward = Re. 0.20 or Transfer to Partner Airlines/Hotels Rewards Program.

Travel

Travel : Complimentary Airport Lounge Access, and Discounted Stays at Oberoi Hotels

Domestic Lounge Access

Domestic Lounge Access : Unlimited Free Domestic Airport Lounge Access

International Lounge Access

International Lounge Access : Unlimited complimentary international airport lounge access for primary cardholders and 8 complimentary visits for the guests every year with Priority Pass

Insurance Benefits

Insurance Benefits : Credit shield protection worth Rs. 5 lakh (in case the card is lost) and a purchase protection worth Rs. 2 lakh.

Other Details

12,500 worth of gift vouchers from Luxe, Postcard Hotels, or Yatra as a welcome benefit

12 Axis EDGE REWARDS Points for every 200 spent on retail purchases up to 1.5 Lakhs. Earn 35 RPs per 200 after exceeding the monthly spend of 1.5 Lakhs

Earn 60 Axis EDGE REWARDS Points for every 200 spent on the Travel Edge portal up to 2 Lakhs. Earn 35 RPs per 200 after exceeding the monthly spend of 2 Lakhs

Unlimited domestic airport lounge access every year.

Unlimited complimentary international lounge visits every year with Priority Pass.

Discounted stays at Oberoi Hotels.

40% discount up to Rs 1,000 via Eazydiner at 4,000+ restaurants across India under the Axis Bank Dining Delights program.

Credit Shield cover (against misuse of the card) worth 5 lakh and purchase protection worth 2 lakh with Axis Bank Magnus Card.

Medical benefits include a medical concierge, a second medical opinion, preventive healthcare diagnostic programs, and global travel and medical assistance.

Lower interest rate (2.5% pm) foreign currency markup (2%) and zero cash withdrawal fee.

Axis Bank Magnus Credit Card: Everything to Know about Benefits, Features & Application Process

In an ever changing world of credit cards, it seems consumers are after the perfect combination of rewards, benefits and yes, status. The Axis Bank Magnus Credit Card is one of the best if luxury and benefits on spends are of your kind. This elite credit card is offer the best in class service, exclusive benefits and rewards that support up with your life. Be it travel, dining, shopping or entertainment, the Axis Bank Magnus Credit Card has it all.

In this post, we’ll analyze every aspect of Axis Bank Magnus Credit Card — i.e the features, benefits, the rewards system and much more so that you can decide if it fits your requirement.

Welcome to Axis Bank Magnus Credit Card

The Axis Bank Magnus Credit Card is yet another premium credit card offered by the Axis Bank for offering a world-class service and comfort to its cardholders. It is a lifestyle credit card that offers you rewards, exclusive benefits and promotional offers based on a luxurious and comfortable lifestyle.

Available for high net worth cardholders, the Magnus Credit Card is perfect for those who travel a lot, frequently eat at fine dining restaurants, and need a card with more exclusive perks and privileges. This card offers various privileges such as accelerated reward points, lounge access, concierge services, dining privileges, and exclusive travel benefits.

Axis Bank Magnus Credit Card: Key Features

Welcome Benefits

Axis Bank Magnus Credit Card Welcome Benefits When you enrol for the Axis Bank Magnus card, you are welcomed with the following offers:

  • Welcome Gift:You can get special gifts when you register, such as coupons or a surprise welcome package.

  • Exclusive Travel Voucher: There are some versions of this card that offer travel vouchers which let the card holder redeem it for bookings with partners such as Cleartrip / Yatra.

These are the kind of welcome features which really motivate people to start using the card, and provide real value from day one.

Reward Points System

The Axis Bank Magnus Credit Card Offers: One of the highlights of the Axis Bank Magnus Credit card is an extremely rewarding point system. This card gives a high reward points at such offline/online transactions, thus points earning will be at a much faster rate, compared with other cards.

  • 2 Reward Points for every ₹100 spent in India

  • 2 Reward Points per ₹100 on international spending

Magnus Credit Card also feature the turbo reward points on partner brands and merchant categories on spending. Some examples include:

  • 10X Reward Points on dining at select restaurants

  • 5X Reward Points on making bookings on travel through Axis Bank travel partners.

  • Accelerated Points for Luxury Goods: Premium products and services, like when you make a purchase in a luxury retailer or exclusive outlet might give you even more points.

The reward points can be redeemed against a host of options including travel flights and hotel bookings, shopping, merchandise as well as gifting options.

Premium Travel Benefits

The Axis Bank Magnus Credit Card is designed to cater to the needs of those who love jet-setting and comes packed with travel benefits making it the obvious choice for those who seek luxury while traveling.

  • Free Lounge Access: Cardholders get domestic and international airport lounge access, with 2 free lounge visits per quarter in airport lounges around the world. This simply makes long airport waits all the more bearable and productively spent.

  • Priority Pass Membership: As a cardholder benefit, the card includes a free Priority Pass membership, providing access t0 more than 1,000 luxury lounges around the world.

  • Airport Concierge Service: This Axis Bank Magnus Credit Card offers complimentary airport concierge service that can help you with special check-ins, baggage handling and more while at the airport.

  • Travel Insurance – You will get the most peace of mind when you travel with travel insurance, that covers you for trip cancellations and lost baggage.

Exclusive Dining Privileges

Axis Bank Magnus Credit Card also provides a bouquet of dining privileges for the food connoisseurs among you.

  • Dining Discounts: You receive up to 20% off at luxury hotels, fine-dining restaurants and select food outlets nationwide. These discounts can range anywhere from 10 to 25% off your total dining bill.

  • Free Meals, And More: Alongside, cardholders also get free meals and special dining deals in partnered restaurants, which ranges from a few of the most notorious restaurants across the globe.

Concierge Service

The Axis Bank Magnus Credit Card provides 24/7 concierge facility as one of its top features. The concierge is on hand to assist with almost anything, whether it’s arranging a last-minute restaurant reservation, securing tickets to something exclusive, or planning a special tour. The service is tailored for cardholders’ needs and allows all requests to be managed quickly and effectively.

So it makes everything easier and more glamorous—from wine picks to exclusive deals to special requests—by allowing users to leverage a team of experts to manage their bookings and plans without even leaving the house.

Exclusive Events and Offers

The Axis Bank Magnus Credit Card provides access to premium events and experiences such as:

  • Invitations to Events Prioritization : Cardholders get priority access to events such as fashion shows, product launches and gala dinners.

  • VIP treatment at partner locations: The card provides VIP treatment at partner locations such as luxury hotels, resorts and special events.

I’d say these experiences are for the high-society crowd, in that they’ll feel special.

Insurance Benefits

The Axis Bank Magnus Credit Card comes packed with another important benefit which is the wide range of insurance it offers. This includes:

  • Purchase Protection : Covers purchases made with the card in the event of theft or damage for a certain number of days.

  • Accidental Death Insurance: This offers accident insurance should the cardholder die or become permanently disabled.

  • Travel Insurance: Axe Bank Magnus card customers get insurance against trip delay, trip cancellation and lost baggage.

These insurance benefits are built into the card, offering yet another level of peace of mind and ease to the cardholders.

Axis Bank Magnus Credit Card Eligibility

To be eligible for the Magnus credit card, applicants must be:

Eligibility

To be eligible for the Axis Bank Magnus Credit Card, you need to meet the following criteria:

  • Age: Candidates age must be between 21 years to 60 years.

  • Income: Salaried with a minimum monthly income of ₹65,000 or self-employed with a minimum annual income of ₹8,00,000 for salaried or ₹10,00,000 for self-employed.

  • Credit Score: You must have a good credit score (usually above 750) to qualify for this top credit card.

These requirements guarantee that the card is only for those with a higher income and a well-established credit history.

Fees and Charges

Love a low annual fee for your premium rewards and perks?

  • Joining Fee: ₹10,000 (waived off on spends beyond a level in 3 months)

  • Renewal Fee: ₹10,000 (waived on payment of annual spending threshold)

Though the annual fee might sound expensive, individuals who travel frequently and appreciate special treatment will find that the benefits surpass the price.

Final Thoughts

Introduction: The Axis Bank Magnus Credit Card is a luxurious top-line credit card tailored to premium spenders who like to have options at their fingertips. This card comes with a multitude of benefits, such as card-specific travel benefits, dining deals and an rewarding reward points program – it is perfect for this who love traveling, eating out and like to be treated the special they deserve.

Having a top-end annual fee, the benefits, access to closed-boxing and the 24/7 concierge service make the card an amazing deal for those who will use it in order to enjoy luxury and rewards.

If you are in the market for a card that expands your lifestyle and also rewards you generously for every spend, then the Axis Bank Magnus Credit Card is definitely a card you should consider.

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