Axis Bank Magnus

Axis Bank Magnus Credit Card is a super-premium lifestyle and travel credit card designed for high-income individuals. It offers high reward points, unlimited lounge access, luxury travel benefits, and milestone rewards, making it ideal for frequent travelers and big spenders.

✔️ Applicant must be an Indian resident or NRI (subject to bank conditions)
✔️ Age: 18 to 60 years
✔️ Salaried or self-employed individual
✔️ Minimum income: ₹18–24 lakh annually (preferred)
✔️ Good CIBIL score (750+ preferred)

✔️ Joining Fee: ₹12,500 + GST
✔️ Annual Fee: ₹12,500 (waived on ₹25 lakh yearly spend)
✔️ Interest Rate: ~3% per month (~42% p.a.)
✔️ Forex Markup: ~2% (lower than most cards)
✔️ Cash Withdrawal Fee: Nil / minimal (as per bank policy)
✔️ Late Payment Charges: As per bank norms

✔️ Identity Proof (PAN Card mandatory)
✔️ Address Proof
✔️ Income Proof (Salary Slip / ITR / Form 16)
✔️ Passport-size photographs

Q1. What makes Axis Magnus Credit Card premium?
Ans. It offers high reward rates, unlimited lounge access, and luxury travel benefits.

Q2. Is the annual fee worth it?
Ans. Yes, if you spend heavily (₹25L+ yearly), the fee gets waived and rewards are high.

Q3. Does it provide lounge access?
Ans. Yes, unlimited domestic & international lounge access with guest visits.

Q4. What is the reward rate?
Ans. Up to 35 EDGE points per ₹200 on high spends.

Q5. Who should apply for this card?
Ans. High-income individuals, frequent travelers, and heavy spenders.