The Axis Magnus has a ₹12,500 annual fee (waived on ₹25 lakh annual spend), earns 5X Reward Points on Spends via Travel eDGE (12 eDGE Reward Points Per ₹200 on other spends), includes unlimited domestic & international lounge access and charges a 2% forex markup.
| Annual fee | ₹12,500 |
|---|---|
| Joining fee | ₹12,500 |
| Annual fee waived | On ₹25 lakh annual spend |
| Top reward rate | 5X Reward Points on Spends via Travel eDGE |
| Base rewards | 12 eDGE Reward Points Per ₹200 |
| Lounge access | Unlimited domestic & international lounge access |
| Forex markup | 2% |
From issuer benefit data, checked 26 Oct 2026. Top reward rate is the card's best partner or category rate; base rewards is the general earn rate. Caps and exclusions are under Key Benefits.
93 online offers across 66 brands right now, each valid for at least another 7 days. Checked 26 Oct.
These are Axis Bank's own offers and Mastercard network offers, so they apply to every Axis Bank Mastercard card, not just this one. All Axis Bank offers by category.
The Axis Bank Magnus Credit Card offers a joining and annual fee of Rs.12500, which can be waived by spending Rs.25 Lakhs annually. With benefits like 5X Reward Points on Travel eDGE spends and unlimited complimentary domestic and international lounge visits, it is valuable for high spenders and frequent travelers.
This card is ideal for premium users who spend heavily on travel and lifestyle, as it rewards 5X points on Travel eDGE spends and 35 eDGE Reward Points on transactions above Rs.200000 per month. Frequent flyers and high-value spenders will benefit most from its lounge access and reward structure.
To maximise rewards, spend via Travel eDGE to earn 5X Reward Points and aim for monthly spends above Rs.200000 to get 35 eDGE Reward Points per Rs.200. Regular spends earn 12 eDGE Reward Points per Rs.200, so prioritise travel and high-value transactions.
The card offers a 1% fuel surcharge waiver on fuel purchases, making it beneficial at all fuel stations. Use it at preferred fuel stations to save on the surcharge while earning reward points on your spends.
