✓ Fast Processing ✓ Great Discounts & Offers ✓ Easy EMI Facility | Apply for Credit Card from Axis Bank now! Check Eligibility

The Axis Bank Magnus Credit Card is a premium card offered by the bank. From welcome benefits worth ₹12,500 to complimentary lounge access at domestic and international airports, the card suits a dynamic lifestyle. 

 

You can benefit from annual fee waivers and get up to 40% off at partner restaurants. On Bajaj Markets, you can compare it against 30+ credit cards and apply for your chosen card easily online.

Features and Benefits of the Axis Bank Magnus Credit Card

Here are some of the attractive perks you stand to receive when you get this card:

Welcome Benefits

Get a voucher worth ₹12,500 when you activate the card for the first time. Choose from Yatra, Postcard Hotels or a luxury brand gift voucher. 

Exclusive Lifestyle Benefits

You can benefit from the following services:

  • Free unlimited international airport lounge access and 4 extra guest visits with the priority pass card

  • Access to unlimited domestic airport lounges at select airports in India 

  • Up to 15% off in domestic and international branches of Oberoi and Trident Hotels

  • Discount of up to 40% at more than 4,000 domestic restaurants

  • Insurance cover up to card limit for lost card liability and up to $500 USD for delay/loss of baggage and documents 

  • Low forex mark-up fees of 2%

  • No charges on cash withdrawal 

Affordable Fees and Charges

Save more on your purchases with the following card benefits:

  • A lower mark-up fee of 2% on international transactions

  • Reduced interest rate of 3% on extended credit 

  • No charges levied for cash withdrawals from ATMs

  • A fuel surcharge waiver of 1% on specific fuel transactions

Attractive Reward Points

Here are the benefits you can get under the rewards program:

  • 12 EDGE REWARD points on every purchase of ₹200 up to ₹1.50 Lakhs

  • 35 EDGE REWARD points for every transaction of ₹200 on incremental spends exceeding ₹1.50 Lakhs in a calendar month

  • 60 EDGE REWARD points on every purchase of ₹200 on the Travel Edge portal up to ₹2 Lakhs

  • Use reward points to book hotel stays, flights and more

  • Earn more points by transacting with partners like Nykaa, Yatra, and Swiggy 

Fees and Charges of the Axis Bank Magnus Credit Card

Here are some of the associated charges of this credit card: 

Type of Charge 

Amount 

Annual Fee

₹12,500 plus taxes (waived off on spending ₹25 Lakhs or above in the preceding year)

Interest Rate 

3%

Forex Mark-up

2%

Cash Withdrawal Charges 

Nil 

Rent Transaction Fees

1% (Maximum: ₹1,500)

Dynamic Currency Conversion Mark-up

1% (Plus taxes)

Disclaimer: The above-mentioned fees and charges are subject to change at the discretion of the issuer.

Eligibility Criteria and Documents Required

You must meet the following eligibility criteria and documentation requirements if you plan to apply for the Axis Bank Magnus Credit Card: 

1. Eligibility Criteria 

  • You must be between 18 and 70 years

  • You must have an annual income or file an annual ITR of at least ₹24 Lakhs 

  • You must be a resident of India

  • The age for an add-on cardholder must be at least 18 years

2. Documents Required

  • PAN card or Form 60 

  • Latest payslip, Form 16, or IT Return copy as proof of income

  • Passport, driving licence, electricity bill, or landline telephone bill as proof of residence 

 

The qualifying criteria and documents listed above are indicative. Axis Bank reserves the right to approve or decline your application or ask you to submit additional documents.

How to Apply for the Axis Bank Magnus Credit Card

You can apply for this card on Axis Bank’s app or website. Alternatively, you can visit the Axis Bank branch closest to you and get started with the application process. This particular card is not available on Bajaj Markets.

Axis Bank Magnus Credit Card Customer Care

You can get in touch with Axis Bank’s customer care team on 1-860-419-5555 or 1-860-500-5555. You can also contact the toll-free number at 1-800-103-5577. 

 

Visit www.axisbank.com/support to chat with customer care, email the bank and find other key details. 

DISCLAIMER

The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort.

The information including interest rates or fees and charges with regard to any credit card, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.

Read More

Frequently Asked Questions

Is the Axis Bank Magnus Credit Card worth it?

Yes, the Axis Bank Magnus Credit Card is a great option for those who are interested in travel, shopping, and fine dining experiences.

What is the maximum credit limit offered on the Axis Bank Magnus Credit Card?

The credit limit extended to you is dependent on your credit profile and the bank’s internal policies. There is no maximum credit limit as such.

Can I make bill payments using the Axis Bank Magnus Credit Card?

Yes, you can pay your bills using the Axis Bank Magnus Credit Card. Most payments under this category do not allow you to earn points.

What are the joining charges for the Axis Bank Magnus Credit Card?

The joining fee, which is also the annual fee for the first year, is ₹12,500 plus taxes. 

What is the minimum salary requirement to apply for the Axis Bank Magnus Credit Card?

To apply for this credit card, you need to have an annual income of at least ₹24 Lakhs. 

Can I apply for the Axis Bank Magnus Credit Card online?

Yes, Axis Bank offers you the flexibility of applying for this credit card conveniently online. Simply visit the issuer’s website or download the app to apply for the card. 

Who is eligible for the Axis Bank Magnus Credit Card?

You are eligible for this card as long as you file an ITR of or have an annual income of ₹24 Lakhs and above. You need to be an Indian resident between the ages of 18 and 70 years. However, it is best to check for the eligibility parameters with the issuer.

What are the rewards and benefits of the Axis Bank Magnus Credit Card?

One of the benefits of this card is that you get a gift voucher of ₹12,500 when you join. You also get free access to international and domestic airport lounges, enjoy dining discounts, and get access to an attractive rewards programme. 

Home
active_tab
Loan Offer
active_tab
Download App
active_tab
CIBIL Score
active_tab