Axis Magnus for Burgundy
Axis Bank
Annual Fee
₹35,400
incl. 18% GST
Reward Rate
1.2% - 50.4%
Forex Markup
2.36%
Interest Rate
42.58%
Transfer Partners
19
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)
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
Details
Key upgrade over Magnus: 5:4 miles transfer ratio (vs 5:2). 10L transfer cap/year (2L Group A + 8L Group B). 2% forex markup.
Other Benefits
Complimentary golf at select courses in India
BookMyShow BOGO discontinued from April 2024
Discontinued from April 2024
Complimentary golf at select courses in India
BookMyShow BOGO discontinued from April 2024
Transfer Partners
Singapore Airlines (KrisFlyer)
Airline - 5:4 ratio
Air India (Flying Returns)
Airline - 5:4 ratio
Air Canada (Aeroplan)
Airline - 5:4 ratio
Air France-KLM (Flying Blue)
Airline - 5:4 ratio
AirAsia Rewards
Airline - 5:4 ratio
Ethiopian Airlines (ShebaMiles)
Airline - 5:4 ratio
Etihad Airways (Etihad Guest)
Airline - 5:4 ratio
Japan Airlines (JAL Mileage Bank)
Airline - 5:4 ratio
Qantas Airways (Qantas Frequent Flyer)
Airline - 5:4 ratio
Qatar Airways (Privilege Club)
Airline - 5:4 ratio
SpiceJet (SpiceClub)
Airline - 5:4 ratio
Thai Airways (Royal Orchid Plus)
Airline - 5:4 ratio
Turkish Airlines (Miles&Smiles)
Airline - 5:4 ratio
United Airlines (MileagePlus)
Airline - 5:4 ratio
Accor (ALL)
Hotel - 5:4 ratio
IHG One Rewards
Hotel - 5:4 ratio
ITC Hotels (Club ITC)
Hotel - 5:4 ratio
Marriott Bonvoy
Hotel - 5:4 ratio
Wyndham Rewards
Hotel - 5:4 ratio
Milestone Benefits
Spends above ₹1.5L/month earn accelerated 35 EP/₹200
On annual spend of ₹1,50,000
Welcome Benefits
- ₹5,000 voucher (Yatra/Luxe/PostCard Hotels) for new applications
Fee Structure
Annual Fee
₹35,400
incl. 18% GST
Joining Fee
₹35,400
incl. 18% GST
Fee Waiver
Spend ₹30,00,000 per annum (excl. rent, wallet, utilities, insurance, gold, fuel). Burgundy clients only.