Axis BankVisaMagnus Credit Card
3.9NeoFinQ editorial rating
Premium lifestyle benefits with 4 international and 4 domestic lounge visits per quarter (subject to spend criteria)
- Unlimited lounge access with guest visits
- 12 EDGE Points/₹200 base (35/₹200 above ₹1.5L/month)
- Welcome bonus worth ₹12,500
- Dining and movie discounts
- Golf privileges
- Joining fee
- ₹15,000
- Annual fee
- ₹12,500
- Reward type
- points
- Best for
- Premium
- Est. rewards
- ₹19,500/yr
Our verdict
Excellent ultra-premium card for high-income travelers who can leverage unlimited lounges and accelerated rewards.
Perfect for
- High-income individuals prioritizing premium travel and lifestyle
- Frequent travelers benefiting from unlimited lounge access
Not ideal for
- Users who cannot justify high annual fee
- Cashback seekers
Pros & cons
- Unlimited lounge access with guest visits
- 12 EDGE Points/₹200 base (35/₹200 above ₹1.5L/month)
- Welcome bonus worth ₹12,500
- Dining and movie discounts
- Golf privileges
- High annual fee (₹12,500)
- Exclusions on utilities and fuel
- Forex markup on higher side
Rewards
12 EDGE Points per ₹200 spent
| Category | Earn rate |
|---|---|
| Dining | 5% |
| Travel | 5% |
Welcome offer
Luxe gift card, The Postcard Hotels voucher, or Yatra voucher worth ₹12,500
Benefits
Airport lounge
- 4 domestic lounge visits/yr
Travel
- Unlimited international lounge visits with Priority Pass (requires 8 visits per year spend criteria for subsequent years)
More benefits
- Welcome Bonus: Luxe gift card, The Postcard Hotels voucher, or Yatra voucher worth ₹12,500
- Milestone: N/A
- Additional Benefits: Golf privileges, dining discounts, movie offers, concierge
Fees & charges
| Joining fee | ₹15,000 |
| Annual fee | ₹12,500 |
| Renewal fee | ₹12,500 |
| Fee waiver | Waived on ₹25L annual spend |
Eligibility
Min. income (annual)
₹24L
Employment
Salaried / Self Employed
Frequently asked questions
What are the primary benefits?
Unlimited lounge access, 12-35 EDGE Points/₹200, dining/movie discounts, golf, and transfer partners.
How to waive the annual fee?
Spend ₹25L annually.
Does it offer international lounge access?
Yes, unlimited domestic and international.
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Annual fee ₹12,500