Axis Magnus
SponsoredAxis Bank · Visa
Axis Magnus is a top premium card with 12X rewards on travel, dining, and online spending.
Annual Fee
₹12,500
Base Reward Rate
12X
Point Value
₹0.5/pt
Min CIBIL
750
Lounge Access
Domestic
8/year
International
2/year
Reward Rates by Category
Dining
15X
Travel
15X
Shopping
12X
Online
15X
Grocery
12X
Fuel
1X
Utilities
1X
Other
12X
Pros
- 12X EDGE points on premium categories
- 35X points on Axis Travel EDGE
- 8 domestic lounge visits/quarter
- Complimentary golf access
- Movie ticket benefits
Cons
- High annual fee
- Point value dropped in 2023
- High income requirement
Redemption Options
Flight tickets via EDGE
Best Value₹0.5/pt
Hotel bookings
Good₹0.4/pt
Amazon vouchers
Standard₹0.35/pt
Transfer Partners
Singapore Airlines KrisFlyer
5:1Air India Flying Returns
5:1Club Vistara
5:1IHG Rewards
5:1Ready to Apply?
Apply directly on the Axis Bank website. Takes about 10 minutes.
