The Axis Magnus Credit Card gives you everything you'd expect from a credit card. For a yearly fee of ₹12,500, you'll get to enjoy benefits like golf rounds, insurance, wellness, shopping, travel and much more. You can enjoy a base reward rate ranging from 1.25% to 6% on all your purchases, along with unlimited domestic and international lounge access, free airport concierge services, and a 40% discount at over 4,000 restaurants. Whether you're travelling for business or pleasure, this card will make your life easier and carefree. Take a closer look at all the features and benefits of this card. 👇
Aspects that make spending using this card lit as the sun!
Choose any one voucher worth ₹12,500 from below options:
Luxe gift card or The Postcard Hotels gift voucher or Yatra gift voucher
Domestic Lounge Access
International Lounge Access
Buy one ticket and get up to ₹500 off on the second ticket for a maximum of 5 movie/non-movie bookings in a month.
Enjoy up to 40% discount at over 4,000 restaurants across India.
Fuel surcharge waiver of 1% for transactions between ₹400 to ₹4000.
Think of these as small investments to keep your credit card running smoothly.
Annual Percentage Rate42.58%
Add-on Card FeeFree
Minimum Repayment Amount5%
Cash Withdrawal FeeNil
Cash Advance LimitNA
Card Replacement FeeFree
Foreign Transaction Fee2%
Over Limit Penalty2.50%
Fuel Transaction Surcharge1%
Reward Point Value₹0.20
Balance below ₹500₹ 0
Balance from ₹501 to ₹5000₹ 500
Balance from ₹5001 to ₹10000₹ 750
Balance more than ₹10000₹ 1200
Aspects that make this credit card amazing.
Aspects this credit card lacks.
Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!
Axis Bank has announced a significant devaluation of its Vistara credit cards, effective from 3 January 2024. The main changes include:
Axis Bank, has teamed up with Fibe (formerly EarlySalary) to introduce the country's first-ever numberless credit card tailored for the tech-savvy Generation Z demographic.
This innovative credit card offers heightened security by eliminating the conventional card number, expiry date, and CVV code typically printed on physical cards. This forward-thinking design is expected to reduce the risk of identity theft or unauthorized access to cardholders' information, ensuring the utmost in security and privacy. The card will be accessible to Fibe's extensive customer base, which exceeds 2.1 million individuals.
Axis Bank has enabled linkage of RuPay Credit Cards with Unified Payments Interface (UPI). This means that Axis Bank customers can now use their RuPay Credit Cards to make payments through UPI. UPI is a real-time payment system developed by National Payments Corporation of India (NPCI). It allows users to make instant payments to any bank account in India with just a few taps on their phone.
Taking the number up to 19, Axis bank added 6 new transfer partners to its existing list. These include hotel networks Accor ALL & Wyndham Rewards, Star Alliance’s Air Canada’s Aeroplan & Thai Airways Royal Orchid Plus as well as Oneworld Alliance’s Japan Airlines JAL Mileage Bank & Qantas Frequent Flyer.
These 19 transfer partners are cumulatively a part of Axis bank’s reward program known as the EDGE Rewards.
The travel benefits offered by Axis Magnus Credit Card are:
Yes, you can withdraw money from the Axis Magnus Credit card, and it charges no cash withdrawal fee.
The annual fee of Axis Magnus Credit Card is Rs 10000 plus applicable taxes and is waived off on spending Rs.15 lakhs in the preceding year.
The interest rate charged on Axis Magnus Credit Card is 3% per month and 42.58% per annum.
To apply for Axis Magnus Credit Card you should be atleast 18 years of age and have a salary of Rs.18 Lakhs per annum or Annual Income Tax Return filed for Rs.18 Lakhs. Also, you should be Resident of India.
The process to apply for Axis Magnus credit card is mentioned below.
Step 1: Visit select.finology.in.
Step 2: Click on the Credit Cards Tab from the menu and then click on Card Issuers.
Step 3: Click on ‘View Cards’ in the Axis Bank tab.
Step 4: Click on Axis Magnus Credit Card and then Click on Apply Now Button.
Step 5: Fill necessary details and click on submit to finish the process.
Axis Magnus is a travel credit card offered by Axis Bank. It is a premium credit card that offers various benefits like one complimentary domestic flight ticket, airport concierge service, access to international and domestic lounges, BookMyShow Benefits and many more.
The benefits offered by Axis Magnus Credit Card are: