Axis
Axis Burgundy Magnus Credit Card
This is an invite only card
This is an invite only card
This is an invite only card
Top Benefits
Superior Miles Conversion for Burgundy
earn 4 partner miles for every 5 EDGE Reward Points, delivering higher value compared to regular Magnus
Unlimited Lounge Access
gives unlimited domestic and international airport lounge visits with complimentary Priority Pass membership, including 4 accompanying guest visits per year
Best For
Shopping
Dining
Travel
Joining / Annual Fee
Joining Fees
₹35,400 ( ₹30000 + GST )
Annual Fees
₹35,400 ( ₹30000 + GST )
Eligibility
Age
Criteria*
18-70 years
Salary
Criteria*
24LPA
Credit
Rating*
750+
New to credit
allowed
No
Existing Bank
Customer Allowed
No
See if you are eligible for this card
All Card Benefits
- Earn 12 EDGE Reward Points per ₹200 on spends up to ₹1.5 lakh per month
- Earn 35 EDGE Reward Points per ₹200 on incremental spends above ₹1.5 lakh
- Convert rewards at 5 EDGE Points = 4 partner miles
- Annual reward transfer limit of 10 lakh EDGE Reward Points
- Earn 5X EDGE Reward Points on Travel EDGE bookings up to ₹2 lakh per month
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 Reward Point = ₹0.20
Redemption Options
- Airline & Hotel Transfers
- Travel EDGE Portal
- Rewards Store & Vouchers
- Statement Credits
To check redemption catalogue
Bank Exclusions
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
Fuel Spends
Wallet Loads
Rent Payment
Utility Bill Payments
Government-related Transactions
Insurance Payments
Jewellery Purchases
Rewards Redemption
Cash Advances
Outstanding Payments
For Spends Waiver
Fuel Spends
Wallet Loads
Rent Payment
Utility Bill Payments
Government-related Transactions
Insurance Payments
Jewellery Purchases
Rewards Redemption
Cash Advances
Outstanding Payments
Bank Fee Structure
| Structure | Details |
|---|---|
Forex Markups  2% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. | 2% |
APR Fees Finance charges of 3% per month apply on unpaid outstanding balances until the amount is fully repaid. | 3% |
ATM withdrawal N/A | N/A |
Reward Redemption Fees Voucher redemptions are usually Nil on EDGE Rewards. | ₹99 |
Link for all T&Cs | Click Here |
Railway Surcharge Surcharge on booking or cancelling railway tickets will be levied as prescribed by IRCTC or Indian Railways and may vary based on their applicable charges. | As prescribed by IRCTC / Indian Railways |
Rent Payment Fees 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges | 1% |
Cheque Payment Fees No cheque payment fee is charged | N/A |
Cash Payment Fees ₹175 cash payment fee per deposit. | ₹175 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0 - ₹500 | ₹0 |
| ₹501 - ₹5000 | ₹500 |
| ₹5001 - ₹10000 | ₹750 |
| Above ₹10,000 | ₹1200 |
That’s the full story of this credit card
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Top Benefits
Top Benefits
Superior Miles Conversion for Burgundy
earn 4 partner miles for every 5 EDGE Reward Points, delivering higher value compared to regular Magnus
Unlimited Lounge Access
gives unlimited domestic and international airport lounge visits with complimentary Priority Pass membership, including 4 accompanying guest visits per year
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