Axis Bank Magnus Credit Card

The Axis Bank Magnus Credit Card is a premium card designed for a dynamic lifestyle. It offers welcome benefits worth ₹12,500 and complimentary lounge access at domestic and international airports, ideal for frequent travellers. You can enjoy annual fee waivers and up to 30% off at select restaurants across India.

Check out the highlights of this premium credit card : 

The Axis Bank Magnus Credit Card offers its customers a premium experience with a wide range of luxury benefits, exclusive rewards, and privileged access across several categories. Here is a list of features and benefits you can receive:

Welcome Benefits

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

Exclusive Lifestyle Benefits

• Unlimited access to international airport lounges and 4 extra guest visits with the priority pass card

• Unlimited access to domestic airport lounges at select airports in India

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

• Discount of up to 30% at more than 4,000 domestic restaurants

• Insurance cover up to ₹2 Lakhs for lost cards and up to $500 for delay/loss of baggage and documents 

Miscellaneous Benefits

• Get your annual fees of ₹12,500 + taxes waived off upon spending ₹25 Lakhs in the preceding year

• No fees on cash withdrawals

• Make the most of the reduced mark-up fee of 2% on foreign transactions

• Enjoy a lowered interest rate of 3% on credit extension

• Enjoy a fuel surcharge waiver of 1% for transactions between ₹400 and ₹4,000 (Up to ₹400 per month)

The Axis Bank Magnus Credit Card offers a robust rewards program which is designed to enhance your shopping experience. Here is how you can earn and redeem your EDGE reward points:

A. Reward Points

• Earn 12 EDGE Reward Points on every purchase of ₹200 up to ₹1.50 Lakhs

• Earn 35 EDGE Reward Points for every transaction of ₹200 on incremental spends exceeding ₹1.50 Lakhs in a calendar month

• Earn 5x Reward Points when spending via Travel EDGE

• Earn 2 partner miles on every 5 EDGE Reward Points across 20 travel partners

B. Redemption Process

Follow these simple steps to redeem your EDGE Reward Points:

1. Log in to the Axis Bank mobile banking app or internet banking using your customer ID and password

2. Navigate to the Account Summary section and click on EDGE REWARDS

3. Accept the Terms and Conditions and proceed by clicking Redeem Now to view your available EDGE REWARDS

4. Select the reward of your choice, add it to your cart, and click Confirm to complete the redemption

C. Expiration

EDGE Reward Points have a validity of 3 years. Ensure that you redeem these points within 3 years of earning these points.

D. Example

Here is what your annual expenses and savings will look like: 

Here are some of the charges associated with the Axis Bank Magnus Credit Card: 

If you plan on applying for this credit card, you must meet the following eligibility criteria:

• The applicant must be a resident of India

• The primary cardholder must be between the ages of 18 and 70 years

• All add-on cardholders should be over 18 years of age

• A net salary of ₹24 Lakhs per annum or net annual Income Tax Returns filed for at least ₹24 Lakhs

When applying for this Axis Bank credit card, you are required to keep the following documents ready:

• A photocopy of your PAN card

• Form 60

• Proof of income (latest payslip, Form 16, or Income Tax Returns)

• Proof of residence (passport, driving licence, or utility bills such as electricity or telephone)

The Axis Bank Magnus Credit Card is currently not available on Bajaj Markets. However, you can apply for this card via the Axis Bank website or mobile app. If you prefer a more personal experience, you can visit the nearest Axis Bank branch to start the application process.

Here is how you can apply:

1. Visit the Axis Bank website

2. Navigate to the credit card section

3. Select the 'Axis Bank Magnus Credit Card' from the available options

4. Click on 'Apply Now'

5. Provide the necessary details and follow the on-screen instructions to complete the application process

You can get in touch with the Axis Bank customer care team via the helpline number or by writing to them. 

• Toll-free Number: 1860-419-5555 or 1860-500-5555

• Retail Phone Banking Number: 1800-209-5577 or 1800-103-5577

• Write to them at: www.axisbank.com/support

• Registered Office: Axis Bank Limited ‘Trishul’, 3rd Floor, Opp. Samartheshwar Temple, Near Law Garden, Ellisbridge, Ahmedabad – 380 006

Corporate Office: Axis Bank Limited ‘Axis House’, P.B. Marg, Worli, Mumbai – 400 025