paisa simple logo

Axis Bank Magnus Credit Card

Verified · August 20, 2026

Updated on August 20, 2026

Axis Bank Magnus Credit Card

🎖️Reward Rate

Earn 12 EDGE Reward points per ₹200 on spends up to ₹1.50 Lakhs and 35 EDGE Reward points per ₹200 on incremental spends above ₹1.50 lakhs in a calendar month.

Overview

Axis Bank Magnus Credit Card is a travel & stay card and has various benefits including hotel discounts, concierge service, and more. Apply for credit card online!

Rewards

Reward Type

Cashback

Reward Rate

  • Earn 12 EDGE Reward points per ₹200 on spends up to ₹1.50 Lakhs and 35 EDGE Reward points per ₹200 on incremental spends above ₹1.50 lakhs in a calendar month.
  • 5X Reward points on spends via Travel EDGE.

Welcome Benefit

Choose any one voucher worth ₹12,500* from below options:; Luxe gift card or The Postcard Hotels gift voucher or Yatra gift voucher

Milestone Benefit

Avail unlimited complimentary international lounge visits and 4 additional guest visits per year with the priority pass card (Guest visits have been revised to 4 per year w.e.f 20 th April'24).; Enjoy unlimited visits to select airport lounges in India.

Redemption

Redeem for flight/hotel bookings, brand vouchers, and statement cash credit

Benefits

  • Stay protected with our purchase protection, lost card liability programs and more.
  • Lowered interest rate of 3% on extended credit.
  • Reduced mark-up fee of 2% on foreign transactions.
  • No cash withdrawal fees.
  • Fuel surcharge waiver of 1% for transactions between ₹400 to ₹4000 (Capped at ₹400 per month. The fuel surcharge is not levied by the card issuing bank, on certain fuel transactions, the fuel surcharge may be levied as INR 10 + GST instead of 1% + GST).

Things to Know Before you apply

Axis Bank Magnus Credit Card Eligibility Criteria

  • Age: 21–65 years
  • Salaried: > ₹35,000/month; Self-Employed: ITR > ₹6,00,000
  • Salaried & Self-Employed Individuals
  • Resident Indian

Fees & Charges

ParticularsAmount
Joining Fee₹12,500
Annual Fee₹12,500
Foreign Currency Mark-up Fee3.5%
Cash Advance Fee2.5% (Min ₹500)

Fee waiver: waived off* on spend of ₹25

PaisaSimple Review

Overall Rating

4.5/5

What do we like about this card?

The Apply for Magnus Credit Card Online in India | Axis Bank issued by Axis Bank is a top choice in India for everyday transactions and cashback. It features 3.5% forex markup and generous reward multipliers.

Pros

  • Earn 12 EDGE Reward points per ₹200 on spends up to ₹1.50 Lakhs and 35 EDGE Reward points per ₹200 on incremental spends above ₹1.50 lakhs in a calendar month.
  • 5X Reward points on spends via Travel EDGE.
  • High value reward program
  • Wide merchant acceptance

Cons

  • Standard terms and exclusions apply on fuel, rent, and government utilities unless specified