Axis Bank Magnus Credit Card vs Hsbc Travelone Credit Card: Which is Better in 2026?
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The Axis Bank Magnus Credit Card and HSBC Travelone Credit Card cater to different user needs, particularly in terms of rewards and travel benefits. While the Magnus card offers higher rewards on various spends, the Travelone card focuses on travel-related perks and lower fees.
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 | Hsbc Travelone Credit Card |
|---|---|---|
| Bank | Axis Bank | HSBC |
| Network | MasterCard | MasterCard |
| Joining fee | Joining Fee of Rs.12500 | Joining Fee - Rs.4999 |
| Annual / renewal fee | Second Year Onwards Annual Fee of Rs.12500 | Annual Fees - Rs.4999 |
| Annual fee waiver | Spend Rs.25 Lakhs For Annual Fee Waiver | Spend Rs.8 Lakhs For Renewal Fee Waiver |
| Reward rate (headline) | Earn 12 eDGE Reward Points Per Rs.200 | Earn 4X Reward Points on Flights |
| Lounge — domestic | Enjoy Unlimited Complimentary Lounge Visits in India | 6 Complimentary Domestic Airport Lounge Access Per Year |
| Lounge — international | Enjoy Unlimited Complimentary International Lounge Visits | 4 Complimentary International Lounge Access Per Year |
| Welcome benefit | Welcome Benefits - Voucher Worth Rs.12500 | Welcome Benefits - PostCard Voucher Worth Rs.3000 |
| Milestone benefit | — | Earn 3000 Reward Points on Spend of Rs.1 Lakhs; Earn 10000 Reward Points on Spend of Rs.1200000 |
| Foreign currency markup | 2% - Foreign Currency Transactions | 3.5% - Foreign Currency Transactions |
Which is better for rewards?
For rewards, the Axis Bank Magnus Credit Card stands out with its higher earning potential, offering 12 eDGE Reward Points per Rs.200 spent and additional points for travel-related transactions. In contrast, the HSBC Travelone Credit Card provides 4X Reward Points on flights and other travel-related spends, but the overall earning rate is lower compared to the Magnus card. Therefore, if maximizing rewards is a priority, the Magnus card is the better option.
Which is better for travel?
When it comes to travel benefits, the HSBC Travelone Credit Card is more advantageous. It offers complimentary access to domestic and international lounges, although the number of visits is limited compared to the unlimited access provided by the Axis Bank Magnus Credit Card. However, the Magnus card's focus on unlimited lounge access may appeal more to frequent travelers who prioritize comfort during layovers.
Which has lower effective cost?
In terms of effective cost, the HSBC Travelone Credit Card has a lower joining and renewal fee compared to the Axis Bank Magnus Credit Card. Additionally, the fee waiver criteria are more accessible for the Travelone card, requiring a spend of Rs.8 Lakhs, compared to Rs.25 Lakhs for the Magnus card. Thus, for users concerned about fees, the Travelone card presents a more economical choice.
Who should pick Axis Bank Magnus Credit Card?
Consider Axis Bank Magnus Credit Card if you are looking for a card that maximizes rewards on a variety of spends, particularly if you frequently spend on travel and want unlimited lounge access.
Who should pick Hsbc Travelone Credit Card?
Consider HSBC Travelone Credit Card if you prioritize travel benefits, including lounge access and lower fees, and if your spending is primarily focused on travel-related expenses.
Frequently Asked Questions
The joining fee for Axis Bank Magnus Credit Card is Rs.12500.
HSBC Travelone offers 6 complimentary domestic lounge visits per year.
To waive the annual fee for Axis Bank Magnus Credit Card, you need to spend Rs.25 Lakhs.
Axis Bank Magnus Credit Card has a forex markup of 2%, while HSBC Travelone has a forex markup of 3.5%.