Axis Bank Magnus Credit Card Review

Axis Bank’s Magnus Credit card is specially designed for its affluent customers. This card offers all sorts of benefits like the Priority Pass membership as the welcome kit, hand-picked experiences from across the world with Extraordinary Weekends. Also, you will get the chance to enjoy the complimentary sessions and special benefits at select spas and salon partners. Not only that, but you will also get expert medical opinions and diagnoses from world-class specialists of doctors.

Eligibility Criteria:

  • Resident Type: Indian. 
  • For salaried person:
    • Age: 18 to 70 yrs. 
    • Income: ₹18 lakh annually. 
  • For self-employed person:
    • Age: 18 to 70 yrs. 
    • Income: Income tax return should be greater than ₹18 lakh. 
  • Good CIBIL Score (750 or more). 
  • Good Relation with the bank. 

Required Documents:

  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Photocopy of Address proof (any 1) 
    • Last 6 months bank account Statement
    • Aadhar Card 
    • Driving License 
    • Passport
    • Utility bill
  • One recent passport-sized photographs
  • Proof of income statement:
    • Salaried Person (any 1)
      • Latest salary slip. (3 months)
      • ITR
    • Self-employed person
      • Latest Income tax return.  
      • Proof of business
      • Recent audited financial report. 


  • Joining Fee: ₹10,000 + GST
  • Annual Fee: ₹10,000 + GST (Can be waived off if ₹15 lakh is spent within a year)


  • Annual Benefit:

This card gives you one complimentary flight ticket for traveling within India, Maximum ticket value ₹10,000

  • Reward benefit:

You can Earn 12 eDGE Reward Points on every ₹200 spend with this card. 

This card also offers 2X eDGE Reward Points on your spending at MakeMyTrip, Yatra, and Goibibo.

  • Lounge Access:

With this card, you will get 8 complimentary international lounge visits in a year with the Priority Pass program. Offer applicable for the guests also. 

If you can spend ₹7lakh within an anniversary year, you will get 4 more free accesses. 

  • Hotel Booking:

This card offers a flat 15% discount and a complimentary room up-gradation at luxurious Oberoi properties. 

  • Movie benefit:

When you book a movie/non-movie ticket from BookMyShow you will get up to ₹500 discount on the second ticket. You can avail of this offer 5 times a month. 

  • Dining benefit:

With the Dineout Plus membership, you can enjoy a 25% discount at Dineout app over 600+ five-star restaurants across the country 

This card also offers up to 20% discount at over 4,000 restaurants across India. 

You will also get unlimited free access to domestic lounges. 

  • Fuel surcharge waiver:

This card offers an exclusive benefit on fuel surcharge. 

  • Insurance coverage:

This card comes with air accidental coverage of ₹4.5 Cr. and a lost baggage and personal documents overage of $500.  

  • Lost card liability:

You will get lost card liability coverage of ₹5lakh. To get the most of the benefits of the coverage, you have to report the loss as soon as you notice it. 

  • Lifestyle benefits:

This card comes with some exclusive discounts at Spas and Wellness Resorts, medical and healthcare benefits from Dr. Lal PathLab, SRL Diagnostics, and Metropolis. 

  • Concierge Service:

This card also offers a world-class concierge service to assist you on flight booing, table reservation at restaurants, and delivering gifts. 

  • Security:

This card comes with a built-in EMV chip and PIN system, that makes your transactions much secure than before. If you subscribe to the SMS Alert facility, you will get SMS for every transaction you make with this card. 


  • Cash Withdrawal Charge: None. 
  • Finance Charge: 2.5% monthly.
  • Foreign currency transaction: 2% against transacted amount. 

Contact Details:

Call: 1860-419-5555


Mail: [email protected]

100xGain Ratings:


Final Opinion:

Axis Bank Magnus Credit Card is one of the most complete and premium credit cards available in the Indian market. It offers every possible offer to its customers.  Though the entry barrier and the fee are very high, the benefits offered by this card can easily justify it. So if you want to have a premium lifestyle and if you are ready to pay a ₹10,000 annual fee, then you can go for this card. 

But this card offers nothing for golf lovers, so if you want a premium credit card with golf benefits then I would recommend you to go for the HDFC Infinia Credit Card.  

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