Axis Bank Magnus Credit Card

Following are the features of Axis Magnus credit card. You can also find the detailed Axis Bank credit card features pdf version on the bank’s official website.

• Choose your welcome benefit voucher from one-way domestic flight ticket or Luxe Gift Card or PostCard Hotels gift voucher worth Upto Rs. 12,500 on card activation 
• Unlimited complimentary international lounge visits and 4 additional guest visits
• Unlimited domestic lounge access at select airports for primary and add on cardholders. Min. spend of Rs. 50,000 is required in last 3 months
• 35 EDGE reward points per Rs. 200 on incremental spends above Rs. 1.5 lakhs in a calendar month, 5X EDGE REWARDS on travel spends via TRAVEL EDGE* T&C apply. Visit www.axisbank.com/magnus 

Axis Magnus credit card involves the following fees and charges:

• Joining fee: Rs. 12,500/- only
• Annual fee: Rs. 12,500/- only
• Interest rate on extended credit: 2.5%
• Mark-up fee on foreign transactions: 2% 
• Cash withdrawal fee: Nil

Following are the detailed Axis Bank Magnus credit card eligibility criteria:

• The primary cardholder must be aged between 18 years and 70 years.
• The add-on cardholder should be aged above 18 years.
• The applicant must be a resident of India.
• The applicant must be earning a salary of Rs. 18 Lakhs per annum or has filed an Annual Income Tax Return for Rs. 18 Lakhs.

Following documents are required to apply for the Axis Bank Magnus credit card:

• A photocopy of the PAN Card or Form 60.
• Recent payslip/ Form 16/ Income Tax Return copy as income proof.
• Passport/ Driving License/ Electricity Bill/ Landline Telephone Bill as residence proof.

You can apply for an Axis Bank Magnus credit card through MyMoneyMantra.

• To apply, click on the "Apply Now" button.
• You will be redirected to the Axis Bank's website.
• Choose "Yes" or "No" for existing or new Axis Bank customers.
• Fill in the required details and submit.

The Axis Magnus credit card limit can vary from Rs. 25,000 to Rs. 5 Lakhs, depending on the applicant’s CIBIL score, income and other factors. You can request to increase your credit card limit after one year of diligent usage. Read the Axis Magnus credit card review to know more about the card limit.

The Magnus Credit Card Axis Bank has the following rewards program:

• 35 EDGE reward points per Rs. 200 on incremental spends above Rs. 1.5 lakhs in a calendar month, 5X EDGE REWARDS on travel spends via TRAVEL EDGE* T&C apply. Visit www.axisbank.com/magnus
• Get 5X Edge Reward Points on your travel spending via TRAVEL EDGE.
• Get 12 Axis Edge Reward Points on spending every Rs. 200 on the card.

Open Axis Edge Rewards Catalogue online to view all the redemption options. You can redeem the reward points earned on your Axis Magnus Card by choosing the suitable option from the catalogue.