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HomeCredit CardAxis Financial institution Magnus Credit score Card Evaluation – CardExpert

Axis Financial institution Magnus Credit score Card Evaluation – CardExpert

Axis Financial institution has so many great bank cards of their portfolio and Magnus too is likely one of the rewarding product no doubt. It’s the HOT choose of the 12 months 2022 for a brilliant premium bank card holder with good spends.

Right here’s all the pieces that you must know concerning the Axis Financial institution Magnus Credit score Card.


Kind Tremendous Premium Credit score Card
Reward Charge 1.2% to six.2%
Annual Price 10,000+GST
Finest if Month-to-month spends of 1 Lakh
USP Airport meet & greet companies

Calling Magnus a Tremendous Premium Credit score Card may sound new, nevertheless it does deserve the class, primarily for its limitless lounge entry & the newly added month-to-month milestone profit, each of which we are going to see intimately under.


Becoming a member of Price 10,000+GST
Welcome Profit 1 complimentary one-way Home Flight
Renewal Price 10,000+GST
Renewal Profit 1 complimentary one-way Home Flight
Renewal Price waiver On spending >15 lakhs

Be aware that TataCliq voucher was legitimate solely until March 2022, past which solely the flight ticket possibility could be accessible, where-in the one-way economic system flight ticket worth is restricted to Rs.10,000.

Welcome profit is the one draw back of the cardboard. At-least they may have given 2 tickets capped at 5K every (or) proceed with the TataCliq voucher.

To request for the welcome profit, name Axis Concierge (18001034962) put up era of two statements.

The Card

axis bank magnus credit card-unboxing

The Axis Financial institution Magnus Credit score Card now is available in a steel type issue on Visa Infinite platform.

The cardboard used to look undoubtedly premium even with out the steel type issue. Anyway you’ll be able to’t differentiate steel Magnus from a non-metal Magnus that simply.


  • Common Rewards: 1.2%
  • Accelerated Rewards: 6% (5X on Journey Edge portal)

The common reward fee is certainly poor on Magnus. Nevertheless, with 2X promo which comes occasionally, it’s straightforward to save lots of over 2% at occasions.

5X on Journey Edge portal is the brand new and good profit which you will discover it helpful for flight bookings.

Milestone Rewards

  • Rewards: 25,000 factors on 1L spend (per calendar month)
  • Worth: 5000 INR (+5% return)
  • Fulfilment: 90 days from finish of txn month

Month-to-month milestone profit is the newly added characteristic from Feb 2022 and that is the rationale why it is sensible for prime spenders to get Magnus Credit score Card.

It’s because no card provides 6.2% worth similar to that with straightforward redemption choices.

Even with the air-miles playing cards it’s powerful to squeeze this a lot worth except you utilize quite a lot of mind energy.

Whereas it’s a terrific profit, the fulfilment interval is bit lengthy and that will hassle some brief time period factors gamers.

Warning: In case you’re making use of for the cardboard & permitted this month, observe that the profit is relevant solely from the upcoming month. Your approval month (or) the cardboard setup date is the date while you obtain the “card permitted” sms.

Straightforward approach to double verify on that is to take a look at the difficulty/expiry date printed in your card, simply add +1 to it. In case your expiry date is one thing like 05/27, ideally your spends are eligible from June.

Airport Lounge Entry

Entry sort Entry through Complimentary Restrict
Home Lounge Entry Visa / Mastercard Limitless
Home Lounge Entry (Company) Visa / Mastercard Nil
Worldwide Lounge Entry (Major) Precedence Go Limitless
Worldwide Lounge Entry (Company) Precedence Go 8/yr

Visitor entry on Precedence Go (for Worldwide lounge entry) is an efficient one to have and it’s restricted to eight entry per card anniversary 12 months. That’s ample to cowl the entry for your loved ones.

Want they’d given the complimentary visitor entry for home as nicely, as Axis has technical challenges in issuing Add-on playing cards as of now.

However so long as you’ll be able to get add-on playing cards (hit and miss as of now), it comes with limitless home lounge entry as nicely.

Airport Meet & Greet

airport meet and greet services
  • Complimentary Entry: 8 / 12 months

The airport meet & greet service – which Axis Financial institution calls as “airport concierge” service is the USP of this product. It provides VIP Help Companies for a clean and hassle-free airport transfers.

The companies embrace help throughout airport processes, comparable to: categorical check-in, fast-track safety verify, immigration help, porter & buggy companies.

I’ve used this service at MAA/BOM/HYD airports each for arrival & departure and its fairly helpful. Right here’s an in depth article on the airport meet & greet companies accessible at Indian airports.


  • Complimentary Programs/Classes: Nil

Not like most different premium and tremendous premium bank cards, Axis Magnus doesn’t have the complimentary Golf profit.

It’s because they mainly changed the Golf profit with Airport Meet & Greet companies to scale back their prices, which undoubtedly is sensible.

Add-On Playing cards

Axis Magnus Add-on cards

Getting add-on playing cards with any Axis Financial institution bank card is hard as of now. It may possibly’t be utilized independently both.

Nevertheless, it will possibly nonetheless be utilized whereas making use of for the first card however it could or could not getting processed as anticipated. Dangerous and I wouldn’t counsel if you happen to’re searching for peace of thoughts.

Hope Axis Financial institution fixes this Add-on playing cards challenge quickly.

Bookmyshow Supply

  • Supply: Purchase one Get one
  • Legitimate on: film/non-movie bookings
  • Max. Cap: Rs. 500 off on the second ticket
  • Month-to-month restrict: 5 bookings per thirty days

Boomyshow supply is fairly good certainly and if you happen to’re in metro cities the place the ticket price is definitely 500 INR, then this can be a superb profit. Else, Visa Infinite supply is ample for many.

That stated, Visa affords could get maxed out fairly quick in comparison with the direct BMS supply on Magnus, so the separate Magnus supply nonetheless is sensible.

Foreign exchange Markup Price

  • Overseas Foreign money Markup Price: 2%+GST = ~2.4%

Because the common rewards on spends is 1.2% you’ll solely find yourself in loss on overseas foreign money transactions except you hit the 1 Lakh month-to-month milestone, put up which will probably be a candy 3.8% internet acquire.

So if you happen to don’t spend 1L in a month, you shouldn’t be utilizing Magnus for overseas foreign money transactions.

Maximizing Axis Playing cards

axis premium content

The 12 months 2022 is an incredible 12 months to discover Axis Financial institution Credit score Playing cards. Nevertheless, there are numerous points with the financial institution, from software, credit score restrict to service and help.

In case you’re dealing with varied points (or) if you happen to favor to have a clean journey right into a rewarding 12 months with the profitable Axis Financial institution bank cards, do take a look at this premium information: Maximizing Axis Financial institution Credit score Playing cards.

Backside line

Magnus Credit score Card is likely one of the superb bank cards that Axis Financial institution has ever created. It’s a should have card for individuals who’re spending ~1L a month, because it’s the best rewarding bank card in India at that spend stage with straightforward redemption choices.

With limitless lounge entry, milestone rewards and airport concierge service, Axis Magnus is price having within the pockets in 2022 if you happen to’re searching for premium experiences in life.

The one draw back is the service and help, which I suppose will get higher with the Citi merger.

Do you maintain Axis Magnus Credit score Card? Be happy to share your experiences within the feedback under.



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