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Axis Bank Magnus Credit Card
The Axis Bank Magnus Credit Card is a Visa card from Axis Bank with an annual fee of ₹12,500, which Axis Bank waives on this condition: “Annual fee waiver on spends of ₹25 Lakhs in preceding year”. Here is what we hold on it, and what we do not.
Checked against a published document: annual fee (Sep 2026), foreign transaction fee (Sep 2026), welcome offer (Sep 2026). Not yet checked with Axis Bank: fee waiver condition and credit requirement. Axis Bank’s own page is authoritative — confirm anything you rely on there before you apply.
The receipt
Every cost line we hold for the Axis Bank Magnus Credit Card, exactly as recorded.
- Annual fee
- ₹12,500 (can be waived)Checked axis.bank.in
- Fee waiver
- Annual fee waiver on spends of ₹25 Lakhs in preceding yearNot yet checked with Axis Bank
- Supplementary card
- Not confirmed
- Foreign transaction
- 2%Checked axis.bank.in
- Purchase APR
- Not confirmed
- Income requirement
- Not confirmed
- Network
- Visa
- Credit needed
- ExcellentNot yet checked with Axis Bank
The welcome offer
We hold the welcome-bonus figures below for the Axis Bank Magnus Credit Card, but not the terms that earn them — Axis Bank’s own page says what you need to do.
What it earns
We hold no category earn rates for the Axis Bank Magnus Credit Card. Rather than print a multiplier we cannot source, this stays blank until Axis Bank’s own terms give us one.
Perks & benefits
Card benefits
- Unlimited complimentary international airport lounge access with 4 guest visits/year
- Unlimited complimentary domestic airport lounge access
- 15% savings at The Leela Palace Hotels & Resorts
- Discounts at over 4,000 restaurants across India
- Purchase protection and lost card liability insurance
- Annual fee waiver on spends of ₹25 Lakhs in preceding year
- Reduced foreign transaction markup fee of 2%
- No cash withdrawal fees
- Fuel surcharge waiver of 1% (capped at ₹400/month)
- 5X reward points on spends via Travel EDGE
- Earn partner miles across 20 travel partners
Ready to apply for the Axis Bank Magnus Credit Card?
You'll finish the application on Axis Bank's own site. Terms can change without notice, so check the fee and offer there before you commit.