Axis Bank Magnus Credit Card: key details
High-income customers with substantial annual spending and strong use for premium travel/lifestyle benefits. Compare the fee, reward structure, caps, exclusions and eligibility before applying.
Joining fee₹12,500 + taxes
Annual fee₹12,500 + taxes
Fee waiverWaived at ₹25L eligible annual spend
Reward typeEDGE REWARD points
Base reward12 points / ₹200 up to ₹1.5L monthly; 35 / ₹200 on incremental spend above
Accelerated rewardTravel EDGE accelerated earning
Caps / exclusionsAccelerated rewards subject to monthly thresholds/limits
Age18–70
IncomeAxis lists ₹24L p.a. net salary / ITR as indicative eligibility
FD requirementNo FD requirement stated
Why someone might consider it
- Premium travel/lifestyle benefits
- High-spend reward structure
- Fee waiver tied to high annual spend
Things to check before applying
High annual fee and high eligibility threshold; bank approval is discretionary.
Official source
Axis Bank official product page ↗
Frequently asked questions
Who may consider the Axis Bank Magnus Credit Card?
High-income customers with substantial annual spending and strong use for premium travel/lifestyle benefits.
What are the fees for the Axis Bank Magnus Credit Card?
Joining fee: ₹12,500 + taxes. Annual fee: ₹12,500 + taxes. Waived at ₹25L eligible annual spend
How does the Axis Bank Magnus Credit Card reward spending?
Premium EDGE REWARDS structure with travel and lifestyle benefits.
What should I check before applying for the Axis Bank Magnus Credit Card?
High annual fee and high eligibility threshold; bank approval is discretionary.
Where can I verify the latest Axis Bank Magnus Credit Card terms?
Use the official issuer source linked on this page. CardClue's data review date is 2026-10-02.