SimplifyCards take
A quick decision view before the full facts.
Good fit if: you want a card built for travel, lounge, and premium.
Why it can work
It combines complimentary airport lounge access, a low 2% forex markup, and accelerated rewards on travel EDGE.
Where value may drop
The renewal fee is waived only on Rs 25 lakh of annual spend. Fuel, insurance, and wallet loads don't earn rewards. Monthly reward caps apply on the top categories.
Quick facts
The key fields before the full details.
Reward calculator
Enter your monthly spend to estimate how many edge reward points you earn and what they are worth.
What your points are worth
Same points, very different value depending on how you redeem.
How you earn it
| Category | Monthly spend | Edge Reward Points/yr |
|---|---|---|
| Travel (cab, train, etc.) | Rs 5,000 | 18,000 |
| Other spends | Rs 8,000 | 5,760 |
Estimates only. Reward rates, caps, and redemption values follow each bank's current terms and can change.
Best for / avoid if
Who this card suits — and who should skip it.
Best for Travel EDGE
60 EDGE REWARD Points / Rs 200 upto Rs 2 lakh per calendar month, then 35 EDGE REWARD Points / Rs 200
Best for airport lounge access
Unlimited complimentary lounge visits a year across domestic and international.
Best for international spends
A low 2% forex markup keeps overseas and forex transactions cheaper.
Best for travel and redemptions
Earns edge reward points you can put toward flights, hotels, or transfer partners.
Avoid if your spend is low
The Rs 12,500 fee waives only at Rs 25 lakh/year, and some benefits can be spend-gated.
Avoid if you spend big on fuel, insurance, and wallet loads
These categories are excluded and won't earn rewards.
Avoid if you expect uncapped rewards
Top reward categories are capped each month, so very high spends don't scale linearly.
Rewards and redemption
Earn rates, caps, and how points convert to value.
| Category | Rate | Monthly cap |
|---|---|---|
| Travel EDGE | 60 EDGE REWARD Points / Rs 200 upto Rs 2 lakh per calendar month, then 35 EDGE REWARD Points / Rs 200 | 60,000 edge reward points |
| Eligible spends up to Rs 1.5 lakh per calendar month | 12 EDGE REWARD Points / Rs 200 | - |
| Eligible incremental spends above Rs 1.5 lakh per calendar month | 35 EDGE REWARD Points / Rs 200 | - |
Redemption
| Airline | Programme | Ratio | Group | Annual cap |
|---|---|---|---|---|
| Air Canada | Aeroplan | 5:2 | Group A | 1,00,000 edge reward points |
| Ethiopian Airlines | ShebaMiles | 5:2 | Group A | 1,00,000 edge reward points |
| Etihad Airways | Etihad Guest | 5:2 | Group A | 1,00,000 edge reward points |
| Japan Airlines | JAL Mileage Bank | 5:2 | Group A | 1,00,000 edge reward points |
| Singapore Airlines | KrisFlyer | 5:2 | Group A | 1,00,000 edge reward points |
| Thai Airways | Royal Orchid Plus | 5:2 | Group A | 1,00,000 edge reward points |
| Turkish Airlines | Miles&Smiles | 5:2 | Group A | 1,00,000 edge reward points |
| United Airlines | MileagePlus | 5:2 | Group A | 1,00,000 edge reward points |
| British Airways | British Airways Executive Club | 5:1 | Group A | 1,00,000 edge reward points |
| Finnair | Finnair Plus | 5:1 | Group A | 1,00,000 edge reward points |
| Vietnam Airlines | Lotusmiles | 5:1 | Group A | 1,00,000 edge reward points |
| Air France-KLM | Flying Blue | 5:2 | Group B | 4,00,000 edge reward points |
| Air India | Flying Returns | 5:2 | Group B | 4,00,000 edge reward points |
| Air Asia | Air Asia | 5:2 | Group B | 4,00,000 edge reward points |
| Qantas Airways | Qantas Frequent Flyer | 5:2 | Group B | 4,00,000 edge reward points |
| Hotel group | Programme | Ratio | Group | Annual cap |
|---|---|---|---|---|
| IHG Hotels & Resorts | IHG One Rewards | 5:2 | Group B | 4,00,000 edge reward points |
| ITC Hotels | Club ITC | 5:2 | Group B | 4,00,000 edge reward points |
| Radisson Hotels | Radisson Rewards | 5:2 | Group B | 4,00,000 edge reward points |
| Orchid Hotels | Orchid Rewards | 5:2 | Group B | 4,00,000 edge reward points |
| Wyndham Hotels & Resorts | Wyndham Rewards | 5:2 | Group B | 4,00,000 edge reward points |
| The Postcard Hotel | The Postcard Hotel | 5:2 | Group B | 4,00,000 edge reward points |
Lounge and milestone rules
The spend conditions worth knowing before you rely on a benefit.
- Domestic lounge access requires minimum spends of Rs 50,000 in the previous 3 calendar months; the spend condition is waived for the month of issuance plus the next 3 calendar months.
- Unlimited domestic and international lounge access applies to primary cardholder; guest visits are limited to 4 domestic guest visits per calendar year and 4 international guest visits per card anniversary year on Priority Pass.
Exclusions
Categories that earn no rewards on this card.
- utility and telecom spends
- wallet loads
- government spends
- insurance
- gold and jewellery
- fuel
- cash advances
- repayments
- transactions excluded under Axis Bank Magnus Credit Card terms
Benefits and fine print
Welcome, renewal, and other listed benefits.
Joining benefits
- Welcome voucher worth Rs 12,500 from eligible options such as Luxe, The Postcard Hotels or Yatra after card activation with first spend within 30 days
Additional benefits
- Dining Delights offers across partner restaurants
- Fuel surcharge waiver of 1% for transactions between Rs 400 and Rs 4,000, capped at Rs 400 per month
- No cash withdrawal charges
Eligibility
Check this before you apply.
Salaried
- Minimum annual income (ITR) of Rs 18 Lakhs, or net monthly salary of Rs 1.5 Lakhs
- Card approval remains subject to Axis Bank credit policy
Self-employed
- Minimum annual income (ITR) of Rs 18 Lakhs
- Card approval remains subject to Axis Bank credit policy
Compare before you decide
Alternatives based on what you might want instead.
Axis Bank Magnus Credit Card for Burgundy
Best for premium travel, lounge, partner miles.
HSBC Premier Credit Card
Best for premier, travel, lounge.
Times Black ICICI Bank Credit Card
Best for luxury, travel, lounge.
Tips
Practical notes from verified sources.
Air India is classified under Group B (subject to the 400,000 annual EDGE Reward Points transfer cap at a 5:2 ratio) and has recently revalued its redemptions.
For Marriott Bonvoy transfers, you can indirectly transfer by converting EDGE Reward Points to Club ITC at a 5:2 ratio, and then Club ITC to Marriott at a 2:3 ratio (capped at 10,000 ITC points per quarter).