Axis Bank Magnus Credit Card
Axis Bank
The Axis Bank Magnus Credit Card is the flagship premium card from Axis Bank, designed for high-income frequent travelers who demand comprehensive travel benefits. The ₹5,000 annual fee (waived on ₹10 lakhs annual spend) is justified by unlimited domestic lounge access at 100+ lounges and 8 international Priority Pass visits annually. Zero forex markup on international transactions is a standout feature for those who travel abroad frequently, as it removes the typical 3.5% foreign currency conversion charge. The 4X Edge Reward points on travel bookings through airlines and hotels can be accumulated quickly by frequent travelers. Complimentary golf rounds at premium Indian courses cater to the discerning golfer. Air accident insurance of ₹2 crores and credit shield of ₹5 lakhs provide comprehensive financial protection. The card's reward point system is tied to Axis Bank's proprietary Edge Rewards program, which has a good selection of redemption options including flights, hotels, and shopping vouchers. Source: Axis Bank official website, updated May 2026.
Key Facts
| Feature | Details |
|---|---|
| Joining Fee | ₹5,000 |
| Annual Fee | ₹5,000 |
| Reward Rate | [object Object]% |
| Cashback Rate | 0% |
| Lounge Access | Yes |
Features & Benefits
Pros & Cons
- Unlimited domestic lounge
- Zero forex markup
- 4X on travel
- Golf benefit
- High annual fee
- Limited international lounge visits
- Complex reward point system
How to Apply
Review the eligibility criteria below and ensure you meet the income and credit score requirements.
Click "Apply Now" and fill in your personal, income, and KYC details online.
The bank reviews your application and approves within 2–5 working days. Card arrives in 3–7 days.