Key Details
₹25.0L
Min Income (Annual)
Rewards
35 Edge points per ₹200 (~2.6%); up to 50 points on travel
Best For
Premium travel and high-value redemptions
Lounge Access
Unlimited domestic + international via Priority Pass & DreamFolks
Fuel Surcharge Waiver
1% on ₹400-5000 transactions
Crediya's Verdict
Axis Magnus was once the undisputed king of travel cards in India. Recent devaluations have dulled its edge, but the base reward rate and unlimited lounge access still make it competitive. Best for frequent travelers who can leverage transfer partners effectively. If you spend ₹15L+/year on the card, the rewards easily outweigh the ₹12,500 fee.
Pros
✓ 35 Edge points per ₹200 — high base rate
✓ Unlimited domestic & international lounge
✓ 8 complimentary Meet & Greet per year
✓ Transfer partners: Air miles, hotel points
✓ Comprehensive travel and purchase insurance
Cons
✗ ₹12,500 annual fee — highest in segment
✗ Recently devalued from Edge Rewards to Edge Points
✗ Minimum ₹25L income requirement
✗ Transfer ratios keep changing
Hidden Fees & Charges
⚠ Annual fee ₹12,500 (not waivable)
⚠ Forex markup: 2%
⚠ Late payment: ₹600-1400
⚠ Recent devaluation of points value
⚠ Transfer partner list keeps shrinking