vs
In short: HDFC Diners Club Black Metal Edition has the lower annual fee (₹10,000 vs ₹12,500); both include unlimited domestic & international lounge access; both charge a 2% forex markup.
| Key facts | Axis Magnus | HDFC Diners Club Black Metal Edition |
|---|---|---|
| Annual fee | ₹12,500 | ₹10,000 |
| Joining fee | ₹12,500 | ₹10,000 |
| Annual fee waived | On ₹25 lakh annual spend | On ₹8 lakh annual spend |
| Top reward rate | 5X Reward Points on Spends via Travel eDGE | 5 reward points For Every ₹150 |
| Base rewards | 12 eDGE Reward Points Per ₹200 | 5 reward points For Every ₹150 |
| Lounge access | Unlimited domestic & international lounge access | Unlimited domestic & international lounge access |
| Forex markup | 2% | 2% |
From issuer benefit data, checked 8 Nov 2026. Milestones, welcome benefits and caps are in the full table below.
The Axis Bank Magnus Credit Card and the Hdfc Bank Diners Club Black Metal Edition Credit Card both offer premium benefits with a focus on travel and lifestyle rewards. Axis Bank Magnus emphasizes high reward points on travel spends and unlimited lounge access worldwide, while the HDFC Diners Club Black Metal Edition provides versatile rewards across categories and multiple complimentary memberships. Both cards have high annual fees with fee waivers based on spending thresholds.
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 | Hdfc Bank Diners Club Black Metal Edition Credit Card |
|---|---|---|
| Bank | Axis Bank | HDFC Bank |
| Network | MasterCard | Diners |
| Joining fee | Joining Fee of Rs.12500 | Joining Fee of Rs.10000 |
| Annual / renewal fee | Second Year Onwards Annual Fee of Rs.12500 | Renewal Fee of Rs.10000 |
| Annual fee waiver | Spend Rs.25 Lakhs For Annual Fee Waiver | Spend Rs.800000 For Renewal Fee Waiver |
| Top reward rate | Earn 5X Reward Points on Spends via Travel eDGE | Earn 5 Rewards Points For Every Rs.150 |
| Base rate (other spends) | Earn 12 eDGE Reward Points Per Rs.200 | — |
| Lounge — domestic | Enjoy Unlimited Complimentary Lounge Visits in India | Enjoy Unlimited Complimentary Lounge Visits in India |
| Lounge — international | Enjoy Unlimited Complimentary International Lounge Visits | Enjoy Unlimited Complimentary International Lounge Visits |
| Fuel surcharge waiver | 1% Fuel Surcharge Waiver | — |
| Welcome benefit | Welcome Benefits - Voucher Worth Rs.12500 | Complimentary Amazon Prime Annual Membership |
| Milestone benefit | — | Earn 10000 Bonus Reward Points on Spend of Rs.4 Lakhs |
| Foreign currency markup | 2% - Foreign Currency Transactions | 2% - Foreign Currency Transactions |
Axis Bank Magnus Credit Card offers a top reward rate of 5X eDGE Reward Points on travel spends, with a base rate of 12 eDGE points per Rs.200, and additional accelerated points above Rs.2 lakh monthly spends. This can translate to substantial rewards, especially for frequent travelers. In contrast, the HDFC Diners Club Black Metal Edition provides a flat 5 reward points per Rs.150 spent across various categories including grocery, insurance, and telecom, with 10X points on Smartbuy and 2X on weekend dining. The Axis card's rewards are more travel-focused and potentially more valuable at higher spends, while the HDFC card offers broader category rewards and milestone bonus points.
Both cards provide unlimited complimentary lounge access domestically and internationally, making them suitable for frequent travelers who value airport comfort. Axis Bank Magnus has a slight edge with its MasterCard network and higher travel reward rates, while HDFC Diners Club Black Metal Edition offers additional travel-related memberships such as Club Marriott and Swiggy One, plus 6 complimentary golf games every quarter, which may appeal to lifestyle-focused travelers. Forex markup fees are identical at 2% for both cards.
The Axis Bank Magnus Credit Card has a higher joining and renewal fee of Rs.12,500, with an annual fee waiver only after spending Rs.25 lakhs. The HDFC Diners Club Black Metal Edition has a lower fee of Rs.10,000 and a more accessible fee waiver threshold of Rs.8 lakhs. For users mindful of effective cost, the HDFC card is more affordable and easier to waive fees on, making it a better choice for those not spending as heavily.
The Axis Bank Magnus card offers a welcome voucher worth Rs.12,500, which can offset the high joining fee. The HDFC Diners Club Black Metal Edition provides complimentary annual memberships to Amazon Prime, Club Marriott, and Swiggy One, adding lifestyle value beyond rewards points.
While Axis Bank Magnus does not list milestone benefits in our data, it offers accelerated reward points above Rs.2 lakh monthly spend. The HDFC Diners Club Black Metal Edition includes a milestone bonus of 10,000 reward points on quarterly spends of Rs.4 lakhs, rewarding consistent high spenders.
Consider Axis Bank Magnus Credit Card if you are a frequent traveler looking for high reward points on travel spends and unlimited lounge access worldwide. This card suits high spenders who can benefit from the Rs.25 lakh annual fee waiver threshold and want to maximize travel-related rewards and vouchers worth Rs.12,500 on joining.
Consider Hdfc Bank Diners Club Black Metal Edition Credit Card if you prefer a card with a lower annual fee and more accessible fee waiver at Rs.8 lakhs spend. It is ideal for those who want versatile rewards across categories like grocery and dining, plus complimentary memberships such as Amazon Prime and Club Marriott, along with lifestyle perks like golf games.
Axis Bank Magnus has a joining and renewal fee of Rs.12,500 with a waiver on spending Rs.25 lakhs annually. HDFC Diners Club Black Metal Edition charges Rs.10,000 for joining and renewal, with a fee waiver on Rs.8 lakhs annual spend.
Yes, both cards provide unlimited complimentary lounge visits in India and internationally.
Both cards charge a 2% forex markup fee on foreign currency transactions.
Axis Bank Magnus offers 5X eDGE Reward Points on travel spends, which is higher than the HDFC Diners Club Black Metal Edition's standard 5 points per Rs.150 spent.
Axis Bank Magnus provides a welcome voucher worth Rs.12,500, while HDFC Diners Club Black Metal Edition offers complimentary Amazon Prime, Club Marriott, and Swiggy One memberships upon meeting minimum spend criteria.
Axis Bank Magnus offers a 1% fuel surcharge waiver. Fuel surcharge waiver information is not listed in our data for the HDFC Diners Club Black Metal Edition.