Axis Bank Magnus
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High-spend card: 35 points per ₹200 above ₹1.5 lakh monthly spend, transferable to airline/hotel partners at 5:2, with unlimited lounge access and 2% forex.
- Welcome offer
- Choice of one ₹12,500 voucher (Luxe gift card, The Postcard Hotels or Yatra) on paying the joining fee
- Annual fee
- ₹12,500 + GST a year (₹14,750 incl. GST); waived at ₹25 lakh annual spend
- Rewards rate
- 12 EDGE Reward Points per ₹200 up to ₹1.5 lakh a month; 35 per ₹200 above that (up to credit limit + ₹1.5 lakh); 60 per ₹200 on Travel EDGE (up to ₹2 lakh a month)
- Regular APR
- Interest is charged monthly; see the bank's fees page
- Recommended CIBIL score
- CIBIL 700+
- Forex markup
- 2% + GST
- Airport lounges
- Card network (domestic) + Priority Pass (international). Unlimited domestic and international. 8 international guest visits a year via Priority Pass.
- Points go to
- Axis Bank EDGE REWARDS. Points on Magnus, Reserve, Burgundy Private, IndianOil and other non-Miles Axis cards; transfer to airline/hotel partners at 5:2 for Magnus/Reserve (5:4 on Magnus for Burgundy and Burgundy Private), subject to annual Group A/B caps. Partner list taken from the official April 2024 transfer T&C, minus Vistara (merged into Air India) and Accor/Marriott/Qatar (reported removed 2 Apr 2026 by blogs, not officially confirmed); current ratios could not be verified on the JS-rendered official page.
Airline transfer partners
- Air Canada Aeroplan 5:2
- Air France-KLM Flying Blue 5:2
- Ethiopian Airlines ShebaMiles 5:2
- Etihad Guest 5:2
- Japan Airlines Mileage Bank 5:2
- Singapore Airlines KrisFlyer 5:2
- Turkish Airlines Miles&Smiles 5:2
- Thai Airways Royal Orchid Plus 5:2
- United MileagePlus 5:2
- Wyndham Rewards 5:2
- Air India Maharaja Club 5:2
- ITC Hotels 5:2
- IHG One Rewards 5:2
- Qantas Frequent Flyer 5:2
- SpiceJet SpiceClub 5:2
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