vs
In short: Axis Select has the lower annual fee (₹3,000 vs ₹12,500); Axis Magnus includes unlimited domestic & international lounge access, Axis Select 2 airport lounge visits a quarter; Axis Magnus has the lower forex markup (2% vs 3.5%).
| Key facts | Axis Magnus | Axis Select |
|---|---|---|
| Annual fee | ₹12,500 | ₹3,000 |
| Joining fee | ₹12,500 | ₹3,000 |
| Annual fee waived | On ₹25 lakh annual spend | On ₹8 lakh annual spend |
| Top reward rate | 5X Reward Points on Spends via Travel eDGE | 2X EDGE Reward Points per ₹200 on Retail |
| Base rewards | 12 eDGE Reward Points Per ₹200 | 10 EDGE Reward Points Per ₹200 |
| Lounge access | Unlimited domestic & international lounge access | 2 airport lounge visits a quarter |
| Forex markup | 2% | 3.5% |
From issuer benefit data, checked 27 Oct 2026. Milestones, welcome benefits and caps are in the full table below.
The Axis Bank Magnus Credit Card and the Axis Bank Select Credit Card cater to different user segments with distinct fee structures, rewards, and lounge access benefits. Magnus is a premium Mastercard with higher fees but unlimited lounge access both domestically and internationally. Select is a more affordable Visa option with limited domestic lounges but a generous international lounge allowance and milestone rewards.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
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| Feature | Axis Bank Magnus Credit Card | Axis Bank Select Credit Card |
|---|---|---|
| Bank | Axis Bank | Axis Bank |
| Network | MasterCard | Visa |
| Joining fee | Joining Fee of Rs.12500 | Joining Fee of Rs.3000 |
| Annual / renewal fee | Second Year Onwards Annual Fee of Rs.12500 | Second Year Onwards Annual Fee of Rs.3000 |
| Annual fee waiver | Spend Rs.25 Lakhs For Annual Fee Waiver | Spend Rs.8 Lakh For Waiver of Annual Fee |
| Top reward rate | Earn 5X Reward Points on Spends via Travel eDGE | Earn 2X EDGE Reward Points per Rs.200 on Retail |
| Base rate (other spends) | Earn 12 eDGE Reward Points Per Rs.200 | Earn 10 EDGE Reward Points Per Rs.200 |
| Lounge — domestic | Enjoy Unlimited Complimentary Lounge Visits in India | 2 Complimentary Airport Lounge Access Per Quarter |
| Lounge — international | Enjoy Unlimited Complimentary International Lounge Visits | 12 Complimentary International Airport Lounge Access |
| Fuel surcharge waiver | 1% Fuel Surcharge Waiver | 1% Fuel Surcharge Waiver |
| Welcome benefit | Welcome Benefits - Voucher Worth Rs.12500 | Welcome Benefit - 10000 EDGE REWARD Points |
| Milestone benefit | — | Earn 5000 EDGE Reward Points on Spend of Rs.3 Lakhs |
| Foreign currency markup | 2% - Foreign Currency Transactions | 3.5% - Foreign Currency Transactions |
For rewards, the Axis Bank Magnus Credit Card offers a higher top reward rate of 5X points on travel spends via Travel eDGE and accelerated earning of up to 35 eDGE points per Rs.200 on high spends, making it suitable for heavy spenders and frequent travelers. The base earning rate is 12 eDGE points per Rs.200. In contrast, the Axis Bank Select Credit Card provides a top reward rate of 2X points on retail spends with a base rate of 10 eDGE points per Rs.200 and includes a milestone benefit of 5000 EDGE points on spending Rs.3 lakhs annually. Overall, Magnus is better for premium travel rewards, while Select offers steady rewards with milestone incentives.
Travel benefits favor the Axis Bank Magnus Credit Card with unlimited complimentary domestic and international lounge access, which is ideal for frequent travelers seeking premium airport experiences. The Select card offers 2 complimentary domestic lounge visits per quarter and 12 international lounge accesses annually, which is more limited but still valuable. Both cards provide a 1% fuel surcharge waiver, but Magnus has a lower forex markup fee of 2% compared to Select's 3.5%, making Magnus more cost-effective for foreign currency transactions.
The Axis Bank Select Credit Card has a significantly lower joining and renewal fee of Rs.3000 compared to Rs.12500 for the Magnus card, making it more accessible for beginners or moderate spenders. Fee waivers are easier to achieve on Select with an Rs.8 lakh spend requirement versus Rs.25 lakh for Magnus. Both cards waive card replacement charges. Considering the high fee and spend threshold, Magnus suits premium users, while Select is better for those seeking value at a lower cost.
The Axis Bank Magnus Credit Card charges a 2% forex markup fee on foreign currency transactions, which is lower than the 3.5% charged by the Axis Bank Select Credit Card. This makes Magnus more cost-effective for international travelers who frequently make foreign currency purchases.
The Axis Bank Select Credit Card offers a milestone reward of 5000 EDGE Reward Points on spending Rs.3 lakhs annually, providing an additional incentive for consistent spending. The Magnus card does not list milestone benefits in our data, focusing instead on higher base and accelerated reward rates.
Consider Axis Bank Magnus Credit Card if you are a frequent traveler who values unlimited lounge access both in India and abroad, and you spend heavily on travel and other categories to maximize the accelerated 5X rewards. This card is also suitable if you can comfortably meet the high Rs.25 lakh annual spend requirement to waive the substantial Rs.12500 annual fee and want premium welcome vouchers.
Consider Axis Bank Select Credit Card if you prefer a more affordable credit card with a lower joining fee and annual fee, and you want a balanced rewards program with milestone benefits. It is a good choice for moderate spenders who want some international lounge access and fuel surcharge waivers without the high spend requirement of premium cards.
The Axis Bank Magnus Credit Card has an annual fee of Rs.12500, waived on spending Rs.25 lakhs annually. The Axis Bank Select Credit Card's annual fee is Rs.3000, waived on spending Rs.8 lakhs annually.
The Axis Bank Magnus Credit Card offers unlimited complimentary domestic and international lounge visits, while the Axis Bank Select Credit Card provides 2 domestic lounge visits per quarter and 12 international lounge visits annually.
The Axis Bank Magnus Credit Card charges a 2% forex markup fee, whereas the Axis Bank Select Credit Card charges 3.5% on foreign currency transactions.
The Axis Bank Select Credit Card offers a milestone reward of 5000 EDGE Reward Points on spending Rs.3 lakhs annually. Milestone benefits for the Axis Bank Magnus Credit Card are not listed in our data.
Axis Bank Magnus Credit Card offers 5X reward points on travel spends via Travel eDGE, while Axis Bank Select Credit Card offers 2X EDGE Reward Points per Rs.200 on retail spends.
Yes, both cards provide a 1% fuel surcharge waiver on fuel transactions.