AXIS BANK MAGNUS Credit Card
Rs 12,500Annual fee
Rs 25,00,000Fee waiver spend
UnlimitedDomestic lounge
Domestic lounge conditions
- 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.
2%Forex markup
Best for
travel, lounge, premium, travel edge, high spends
Top rewards
Travel EDGE: 60 EDGE REWARD Points / Rs 200 upto Rs 2 lakh per calendar month, then 35 EDGE REWARD Points / Rs 200; 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
Times Black ICICI Bank Credit Card
Rs 20,000Annual fee
Rs 25,00,000Fee waiver spend
UnlimitedDomestic lounge
Domestic lounge conditions
- Priority Pass is provided to both primary and Plus cardholders.
1.49%Forex markup
Best for
luxury, travel, lounge, low forex, premium
Top rewards
International spends: 2.5 Reward Points / Rs 100 spent; Utility, Insurance, Education & Government spends: 2 Reward Points / Rs 100 spent; Other spends: 2 Reward Points / Rs 100 spent
| Feature | AXIS BANK MAGNUS Credit Card | Times Black ICICI Bank Credit Card |
|---|---|---|
| Issuer | Axis Bank | ICICI Bank |
| Network | Visa | Visa |
| Joining fee | Rs 12,500 | Rs 20,000 |
| Annual fee | Rs 12,500 | Rs 20,000 |
| Fee waiver spend | Rs 25,00,000 | Rs 25,00,000 |
| Reward type | edge reward points | ICICI Bank Reward Points |
| Best for | travel, lounge, premium, travel edge, high spends | luxury, travel, lounge, low forex, premium |
| Top reward categories | Travel EDGE: 60 EDGE REWARD Points / Rs 200 upto Rs 2 lakh per calendar month, then 35 EDGE REWARD Points / Rs 200; 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 | International spends: 2.5 Reward Points / Rs 100 spent; Utility, Insurance, Education & Government spends: 2 Reward Points / Rs 100 spent; Other spends: 2 Reward Points / Rs 100 spent |
| SmartBuy / accelerated caps | Not listed | Not listed |
| Domestic lounge | Unlimited | Unlimited |
| International lounge | Unlimited | Unlimited |
| Forex markup | 2% | 1.49% |
| Milestone benefits | Annual fee waiver on spends of Rs 25 lakh in the preceding card anniversary year, For eligible older customers, historical waiver thresholds may differ as per Axis terms | Klook international experiences worth ₹10,000 on reaching ₹2 Lakh annual spend, WeWork day passes or airport transfers worth ₹10,000 on reaching ₹5 Lakh annual spend, Tata CLiQ Luxury Gift Card worth ₹10,000 on reaching ₹10 Lakh annual spend, One-night luxury stay at Ayatana or Lohono worth ₹20,000 on reaching ₹20 Lakh annual spend |
| Redemption | Air miles: upto Rs 0.4 per point; Statement credit: upto Rs 0.2 per point | SmartBuy travel: upto Rs 1 per point; Air miles: upto Rs 1 per point; Statement credit: upto Rs 0.4 per point |
| Key exclusions | utility and telecom spends, wallet loads, government spends, insurance, gold and jewellery, fuel | fuel transactions, rent payments, EMI transactions |