Axis Bank Magnus Credit Card

Axis Bank Magnus Credit Card

Best for : Travel & Lounge Access
Card Type :MasterCard Logo
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Axis Bank Magnus Credit Card is best suited for people who are looking for a card that provides attractive benefits on air travel and hotel stays. You also get to choose your welcome benefit voucher from one-way domestic flight ticket or Luxe Gift Card or PostCard Hotels gift voucher worth Upto Rs. 12,500 on card activation.

  • Key Highlights
  • Features & Benefits
  • Fee & Charges
  • Eligibility Criteria
  • Required Document
  • How to Apply
  • Card Limit
  • Reward Points
  • Redeem Reward Points

Key Highlights of Axis Bank Magnus Credit Card

FeaturesDetails
Best ForAir travel and hotel stays
Joining FeeRs. 12,500/- only
Annual FeeRs. 12,500/- only
Annual Benefits8 complimentary airport concierge services
Lounge AccessUnlimited international lounge visits and 8 additional guest visits in a year with the Priority Pass Card
Required Eligible Age 18 to 70 years 
Required Net IncomeRs. 18 Lakhs per annum

Features & Benefits of Axis Bank Magnus Credit Card

Following are the features of Axis Magnus credit card. You can also find the detailed Axis Bank credit card features pdf version on the bank’s official website.

  • Choose your welcome benefit voucher from one-way domestic flight ticket or Luxe Gift Card or PostCard Hotels gift voucher worth Upto Rs. 12,500 on card activation 
  • Unlimited complimentary international lounge visits and 4 additional guest visits
  • Unlimited domestic lounge access at select airports for primary and add on cardholders. Min. spend of Rs. 50,000 is required in last 3 months
  • 35 EDGE reward points per Rs. 200 on incremental spends above Rs. 1.5 lakhs in a calendar month, 5X EDGE REWARDS on travel spends via TRAVEL EDGE* T&C apply. Visit www.axisbank.com/magnus 

Axis Bank Magnus Credit Card Fee/Charges

Axis Magnus credit card involves the following fees and charges:

  • Joining fee: Rs. 12,500/- only
  • Annual fee: Rs. 12,500/- only
  • Interest rate on extended credit: 2.5%
  • Mark-up fee on foreign transactions: 2% 
  • Cash withdrawal fee: Nil

Axis Bank Magnus Credit Card Eligibility

Following are the detailed Axis Bank Magnus credit card eligibility criteria:

  • The primary cardholder must be aged between 18 years and 70 years.
  • The add-on cardholder should be aged above 18 years.
  • The applicant must be a resident of India.
  • The applicant must be earning a salary of Rs. 18 Lakhs per annum or has filed an Annual Income Tax Return for Rs. 18 Lakhs.

Axis Bank Magnus Credit Card Document Required

Following documents are required to apply for the Axis Bank Magnus credit card:

  • A photocopy of the PAN Card or Form 60.
  • Recent payslip/ Form 16/ Income Tax Return copy as income proof.
  • Passport/ Driving License/ Electricity Bill/ Landline Telephone Bill as residence proof.

How to Apply for Axis Bank Magnus Credit Card?

You can apply for an Axis Bank Magnus credit card through MyMoneyMantra.

  • To apply, click on the "Apply Now" button.
  • You will be redirected to the Axis Bank's website.
  • Choose "Yes" or "No" for existing or new Axis Bank customers.
  • Fill in the required details and submit.

Axis Bank Magnus Credit Card Limit

The Axis Magnus credit card limit can vary from Rs. 25,000 to Rs. 5 Lakhs, depending on the applicant’s CIBIL score, income and other factors. You can request to increase your credit card limit after one year of diligent usage. Read the Axis Magnus credit card review to know more about the card limit.

Reward Points of Axis Bank Magnus Credit Card

The Magnus Credit Card Axis Bank has the following rewards program:

  • 35 EDGE reward points per Rs. 200 on incremental spends above Rs. 1.5 lakhs in a calendar month, 5X EDGE REWARDS on travel spends via TRAVEL EDGE* T&C apply. Visit www.axisbank.com/magnus
  • Get 5X Edge Reward Points on your travel spending via TRAVEL EDGE.
  • Get 12 Axis Edge Reward Points on spending every Rs. 200 on the card.

How to Redeem your Reward Points?

Open Axis Edge Rewards Catalogue online to view all the redemption options. You can redeem the reward points earned on your Axis Magnus Card by choosing the suitable option from the catalogue.

Axis Bank Magnus Credit Card FAQs

  • Attractive reward points and annual benefits.
  • Complimentary unlimited lounge access at international and domestic airports.
  • Low-interest rate of 2.5% on extended credit.
  • Reduced mark-up fee of 2% on all foreign transactions.
  • No cash withdrawal fee.
  • 1% fuel surcharge waiver for transactions between Rs. 400 to Rs. 4,000.
  • You can read the Axis Bank Magnus credit card review available online to know more about its benefits.

You can redeem the reward points earned on your Magnus Axis credit card by choosing the suitable option from the catalogue.

You must be earning a salary of Rs. 18 Lakhs per annum or have filed an Annual Income Tax Return for Rs. 18 Lakhs to be eligible for the Axis Bank Magnus Credit Card.

Following are the special features of the Axis Bank Magnus card:

  • Choose your welcome benefit voucher from one-way domestic flight ticket or Luxe Gift Card or PostCard Hotels gift voucher worth Upto Rs. 12,500 on card activation 
  • 8 complimentary airport concierge services
  • Unlimited international lounge visits and 8 additional guest visits in a year with the Priority Pass Card
  • Unlimited domestic lounge at select airports visits for both primary and add on cardholders.List is available on website
  • Buy one ticket and get up to Rs.500 off on the second ticket at BookMyShow for a maximum of 5
    bookings in a month
  • 35 EDGE reward points per Rs. 200 on incremental spends above Rs. 1.5 lakhs in a calendar month, 5X EDGE REWARDS on travel spends via TRAVEL EDGE* T&C apply. Visit www.axisbank.com/magnus 
  • Annual fees of Rs.12,500 + Taxes waived on spends of Rs.25 Lakhs and above in the preceding year

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