Axis Bank Magnus Credit Card for Burgundy
Axis Bank · Visa · Super Premium card
The steep incremental earn rate above the monthly threshold rewards genuinely high, sustained spend far more than flat-rate premium cards.
Axis Burgundy relationship customers with very high, sustained monthly spend.
Terms checked 21 Sept 2026
- Annual fee
- ₹30,000 + GST
- Joining fee
- ₹30,000 + GST
- Base reward rate
- 1.2%
- Forex markup
- 2%
Reward rates by spending category
Published catalogue rates before caps and merchant-category exclusions.
| Category | Recorded rate |
|---|---|
| Travel & hotels | 1.2% |
| Online shopping | 1.2% |
| Dining & delivery | 1.2% |
| Groceries & essentials | 1.2% |
| Subscriptions & streaming | 1.2% |
| Beauty & wellness | 1.2% |
| Entertainment & movies | 1.2% |
| Offline store shopping | 1.2% |
| International spending | 1.2% |
| House rent | 1.2% |
| Education & family | 1.2% |
| Healthcare & pharmacy | 1.2% |
| Other miscellaneous | 1.2% |
| Fuel & commute | 0% |
| Bills & utilities | 0% |
| Insurance premiums | 0% |
| Gold & jewellery | 0% |
Caps and fee waiver
- Reward caps
- No general cap recorded
- Annual fee waiver
- At ₹30,00,000 annual spending
- Monthly income requirement
- Not listed
Airport lounge access
Unlimited domestic airport lounge visits • Unlimited international airport lounge visits
1 domestic airport lounge visit per year · Issuer card
Guest access: Not specified
Requires ₹50,000 per Rolling three calendar months
1 international airport lounge visit per year · Priority Pass
Guest access: Included
Four international guest visits are included each calendar year.
Spend condition: Domestic access requires ₹50,000 eligible spend in the preceding three calendar months.
Benefits & conditions
Expand a category to see recorded benefits, fees and eligibility, with conditions and links to the sources. Categories without recorded details are grouped below; missing information does not mean a benefit is unavailable.
Rewards and cashback · 6 items
Travel EDGE monthly rewards
Usage-based valueTravel EDGE only: 60 points per ₹200 up to ₹2 lakh monthly portal spend, then 35 points per ₹200.
Conditions: Travel EDGE only: 60 points per ₹200 up to ₹2 lakh monthly portal spend, then 35 points per ₹200.
Eligible monthly rewards
Usage-based value12 points per ₹200 on the first ₹1.5 lakh of aggregate eligible monthly spend and 35 per ₹200 on the incremental amount, subject to the issuer credit-limit boundary.
Capped rent rewards
Usage-based valueRent earns 12 points per ₹200 only on the first ₹50,000 of rent spend per calendar month.
12 EDGE Reward Points per ₹200, rising to 35 per ₹200 on incremental eligible monthly spend above ₹1.5 lakh
Shown without a cash value60 points per ₹200 on the first ₹2 lakh of monthly Travel EDGE spend, then 35 per ₹200
Shown without a cash value5:4 Burgundy partner-mile transfer ratio, subject to annual transfer-group limits
Shown without a cash value
Fees · 2 items
Annual card fee
Cost ₹30,000₹30,000 annual fee before applicable tax.
Joining fee
Cost ₹30,000₹30,000 one-time joining fee before applicable tax.
Fee waiver · 1 item
Annual fee waiver
Usage-based · up to ₹30,000Annual fee may be waived after ₹30,00,000 of eligible annual spending.
Conditions: Reach ₹30,00,000 eligible annual spending
Welcome benefits · 1 item
₹5,000 welcome voucher
Recorded value ₹5,000Choice from the current eligible welcome-voucher options.
Conditions: Be newly issued the Burgundy variant · Complete the qualifying first transaction within the published window
Airport lounge access · 3 items
Domestic lounge access
Usage-based valueUnlimited visits through Issuer card. Guest access: not specified.
Conditions: Spend ₹50,000 per rolling three calendar months
International lounge access
Usage-based valueUnlimited visits through Priority Pass. Guest access: included. Four international guest visits are included each calendar year.
Four international-lounge guest visits per year
Shown without a cash value
Dining · 1 item
Burgundy dining and hotel privileges
Shown without a cash value
Fuel benefits · 1 item
1% fuel surcharge waiver on eligible transactions, capped at ₹400 monthly
Shown without a cash value
Concierge · 1 item
Concierge assistance
Shown without a cash value
Foreign-currency charges · 1 item
Foreign-currency markup
Usage-based value2% foreign-currency markup before applicable tax.
Conditions: Applies to eligible foreign-currency transactions
Eligibility and availability · 1 item
Restricted application availability
Shown without a cash valueApplication availability: relationship only. No universal verified numeric income threshold is used as a hard filter. An eligible Axis Burgundy relationship is mandatory; no universal numeric income threshold is used as a hard filter.
Conditions: Issuer relationship required
Other benefits · 1 item
Four airport meet-and-assist services
Shown without a cash value
Other categories (7)
These categories have no detailed entries. We distinguish confirmed absences from information that still needs review.
Spend milestones
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Card tiers
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Movies and entertainment
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Travel privileges
Details not yet availableThe reviewed issuer sources publish this benefit; its exact conditions are retained in the card benefit profile.
Official source ↗Golf
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Insurance and protection
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Memberships
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗
What stands out
- ✓ 12 EDGE Reward Points per ₹200, rising to 35 per ₹200 on incremental eligible monthly spend above ₹1.5 lakh
- ✓ 60 points per ₹200 on the first ₹2 lakh of monthly Travel EDGE spend, then 35 per ₹200
- ✓ Unlimited domestic and international airport lounge access under current conditions
- ✓ 5:4 Burgundy partner-mile transfer ratio, subject to annual transfer-group limits
What to watch
This card is restricted to eligible Burgundy relationships. The strongest rates require high monthly spend or Travel EDGE, and the ₹30,000 renewal fee needs ₹30 lakh eligible annual spend for waiver.
Recorded exclusions
Fuel Commute · Bills Utilities · Gold Jewellery · Insurance · Wallet load · Government payments · Tolls · Fees charges · Cash withdrawal · Emi
How GainFair evaluates this card
The personal card advisor applies your monthly spending to category rates, limits rewards at the applicable caps, adds eligible movie, milestone and lounge value, and subtracts annual fees plus foreign-currency markup and GST. It can recommend keeping your current cards when a new card does not create enough incremental value.
Compare against
These cards have the closest mix of purpose, reward style, fee model and tier. They are suggestions for comparison, not rankings.
Issuer sources
Open the sources used for this card's product details, rewards, fees and eligibility.
Sources checked 21 Sept 2026