Axis Magnus
Axis Bank
Annual Fee
₹14,750
incl. 18% GST
Reward Rate
1.2% - 25.2%
Forex Markup
2.36%
Interest Rate
42.58%
Transfer Partners
16
Lounge Access
Domestic
Unlimited (requires ₹50,000 spend in preceding 3 months)
International
Unlimited via Priority Pass
Guest Policy
4 guest visits per calendar year (domestic); 4 guest visits per anniversary year (international Priority Pass)
Airport Benefits
Discontinued from April 2024
Discontinued from April 2024
Rewards
Base Rate
12 Edge Points per ₹200 (up to ₹1.5L/month)
Accelerated
35 Edge Points per ₹200 on spends above ₹1.5L/month (up to credit limit + ₹1.5L)
Details
Points worth ~₹0.20 each. Insurance, Gold/Jewellery, Fuel excluded. 5X on Travel Edge (up to ₹2L). 2% forex markup.
Other Benefits
Golf
Complimentary golf at select courses in India
Transfer Partners
Milestone Benefits
Spends above ₹1.5L/month earn accelerated 35 EP/₹200
Welcome Benefits
- 12,500 Edge Reward Points on joining
Fee Structure
Annual Fee
₹14,750
incl. 18% GST
Joining Fee
₹14,750
incl. 18% GST
Fee Waiver
Spend ₹25,00,000 per annum (excl. rent, wallet, utilities, insurance, gold, fuel)