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Axis Bank

Axis Bank Magnus Credit Card for Burgundy

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Welcome bonus

Choice of Luxe / Yatra / Postcard Hotel voucher worth ₹10000 on activation

👍 Pros

  • ✓ Exceptional 5:4 air miles transfer ratio (effectively ~5.6% return)
  • ✓ Unlimited domestic and international lounge access with guest visits
  • ✓ Low 1.5% Forex markup

👎 Cons

  • ✕ High annual fee and steep Burgundy account relationship criteria
  • ✕ Utility rent fuel excluded from rewards
  • ✕ Reward earn capped above ₹1.5L/mo spend