NeoFinQ
Axis BankAxis BankVisa

Magnus Burgundy Credit Card

4.8NeoFinQ editorial rating

Burgundy-exclusive card with up to 24% value-back on travel and unlimited global lounges

  • Accelerated EDGE Points (12/200 up to ₹1.5L/month, 35/200 beyond)
  • Up to 24% value-back via travel partners
  • Unlimited domestic + international lounges (4 guest visits/year)
  • 2% forex markup
  • Dining perks
Compare
Joining fee
₹30,000
Annual fee
₹30,000
Reward type
points
Best for
Travel
Est. rewards
₹24,000/yr

Our verdict

Powerhouse for high-spending Burgundy clients with accelerated EDGE Rewards and unlimited lounges.

Perfect for

  • High-spend Burgundy clients seeking strong EDGE Miles (up to 14-24% value-back)
  • Frequent travelers

Not ideal for

  • Moderate spenders unable to hit ₹30L waiver

Pros & cons

  • Accelerated EDGE Points (12/200 up to ₹1.5L/month, 35/200 beyond)
  • Up to 24% value-back via travel partners
  • Unlimited domestic + international lounges (4 guest visits/year)
  • 2% forex markup
  • Dining perks
  • ₹30,000 + GST fee (waivable only on ₹30L spend)
  • Rewards exclusions (insurance, gold, fuel, govt, rent)
  • Miles transfer caps (Group A: 2L, Group B: 8L/year)

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Magnus Burgundy Credit Card

Annual fee ₹30,000