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🏛️ Axis Bank

Axis Bank Magnus Credit Card for Burgundy

4.9 / 5
💳 Visa🌐 Low Forex Markup

*Apply links lead directly to official partner or bank portal. Verify latest T&C before applying.

Axis BankVisa

Axis Bank Magnus Credit Card for Burgundy

35 EDGE Rewards per ₹200 spent above ₹1.5L/mo threshold (5:4 transfer ratio)

Joining / Annual Fee

₹30,000

Standard Fee

Reward Rate

35 EDGE Rewards per ₹200 spent above ₹1.5L/mo threshold (5:4 transfer ratio)

EDGE Rewards

Lounge Access

Unlimited domestic lounge access

Intl: Unlimited international lounge access via Priority Pass

Forex Markup Fee

2.0%

Great for overseas travel

💡

The Loot Verdict

Executive summary for savvy cardholders

🔥 Highly Recommended

🎯 Ideal For

Cardholders looking for reliable rewards and perks.

⚡ Value Calculation

Annual Fee: ₹30,000. Easily recovered if annual spends exceed fee waiver benchmarks.

🧮

Interactive Net-Value & Cashback Calculator

Tailor your exact spend categories to calculate your true net annual profit and milestone rewards.

🔥 Up to 28% Returns
₹/ month
Presets:
👑 Burgundy Magnus Tiered Reward Engine🔥 28% Milestone Tier Active!

First ₹1.5 Lakh/month earns 7% return (35 EDGE Points/₹200). Spends beyond ₹1.5 Lakh/month unlock the massive 28% return (140 EDGE Points/₹200 on 5:4 partner transfer)!

Gross Rewards & Milestones

+₹1,59,600/yr

₹13,300/mo (Points + Milestone Vouchers)

Net Fee Paid

₹30,000

Standard annual fee

Net Annual Profit

₹1,29,600

🔥 6.8% net return on your spend

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*Verified T&C