Axis Magnus
High-spenders post-2024 devaluation, still solid for ₹2L+/month travel.
External link to Axis Bank’s own application page.
The Axis Magnus costs ₹12,500 a year, waived at ₹25,00,000 annual spend. It earns 12% on travel and 4.8% on everything else. Forex markup is 2%. These figures are from our catalog and have not yet been re-verified against the issuer.
5-year value calculator
How much Axis Magnus actually pays you over time, net of annual fees.
Includes 40% in this card's boost category, 60% general spend.
Estimates use the card's published rates and a 40/60 boost-vs-general split. Real returns vary with how tightly your spend matches each card's boost categories.
What does the Axis Magnus earn?
What you earn back, by category.
12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher
What do you get with the Axis Magnus?
- 12 EDGE points per ₹200 on travel via TravelEdge portal
- 4.8 EDGE points per ₹200 on general spend
- Unlimited international + domestic lounge access (Priority Pass)
- Buy 1 get 1 BookMyShow tickets monthly (capped 5)
- Annual ₹10,000 milestone vouchers from Tata CLiQ
- Concierge 24x7 + golf 4x/month
- 2% forex markup
Who qualifies for the Axis Magnus?
These are guidelines, not hard cutoffs. Banks frequently approve below the listed income if your credit is healthy.
What 1 Axis Magnus point is actually worth
Same points, wildly different values depending on redemption. Most cardholders default to the boring option and never see the upside. Here's the full ladder for Axis Magnus:
Singapore KrisFlyer transferBest
5 EDGE = 4 KrisFlyer. Sweet spots in SQ award chart unlock 2-3 INR/point.
AXIS Travel portal
Direct flight/hotel booking on EDGE portal at 1:1 INR.
Lifestyle vouchers
Statement credit
Welcome bonus, the under-priced lever
Standard joining: 25,000 EDGE Miles on joining (worth ₹25K-₹37K).
Sweet spots & gotchas
- ✓Effectively 6% return on general spend at EDGE portal, best-in-class for a ₹12.5K annual fee card.
- ✓Milestone benefit: vouchers every ₹1L spend.
Latest on the Axis Magnus
What people say about the Axis Magnus
Real answers from readers. No login, and nothing here affects our scores.
Axis Magnus FAQ
›What is the Axis Magnus annual fee?
The annual fee is ₹12,500. It is waived if you spend ₹25,00,000 in a year.
›What does the Axis Magnus earn?
It earns 12% on travel and 4.8% on everything else.
›What is the Axis Magnus forex markup?
The Axis Magnus charges 2% forex markup on foreign-currency spends.
›What income do you need for the Axis Magnus?
The stated minimum income is ₹18,00,000 a year. Banks treat this as a guideline, not a hard cutoff.
›What is the Axis Magnus welcome bonus?
12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher.
›Are these Axis Magnus figures verified?
These figures are from our catalog and have not yet been re-verified against the issuer.
