Axis
Axis Burgundy Magnus Credit Card
This is an invite only card
This is an invite only card
Apply and get ₹0 Rewards
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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