Magnus for Burgundy Credit Card
Rs 30,000Annual fee
Rs 30,00,000Fee waiver spend
UnlimitedDomestic lounge
Domestic lounge conditions
- Domestic lounge access requires minimum spends of ₹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
Premium Travel, Lounge, Partner Miles, Travel EDGE, Burgundy Relationship
Top rewards
Travel EDGE: 60 EDGE REWARD Points / ₹200 upto ₹2 lakh per calendar month, then 35 EDGE REWARD Points / ₹200; Eligible Spends Up To ₹1.5 Lakh Per Calendar Month: 12 EDGE REWARD Points / ₹200; Eligible Incremental Spends Above ₹1.5 Lakh Per Calendar Month: 35 EDGE REWARD Points / ₹200
IndiGo Premium Credit Card
Rs 5,000Annual fee
8Domestic lounge
Domestic lounge conditions
- 8 complimentary domestic airport lounge visits per calendar year (limited to 2 visits per quarter).
- Requires spends of ₹50,000 in the preceding 3 calendar months to unlock access (new cardholders are exempt for the month of card issuance and the next 3 calendar months).
- 2 complimentary international lounge visits per calendar year through Priority Pass.
2.5%Forex markup
Best for
Indigo, Flights, Travel, Hotels, Lounge
Top rewards
IndiGo Flight Bookings: 7 IndiGo BluChips / ₹100 spent; Grocery Spends: 3 IndiGo BluChips / ₹100 spent; Hotel Bookings: 3 IndiGo BluChips / ₹100 spent
| Feature | Magnus for Burgundy Credit Card | IndiGo Premium Credit Card |
|---|---|---|
| Issuer | Axis Bank | Axis Bank |
| Network | Visa | Visa |
| Joining fee | Rs 30,000 | Rs 5,000 |
| Annual fee | Rs 30,000 | Rs 5,000 |
| Fee waiver spend | Rs 30,00,000 | - |
| Reward type | EDGE Reward Points | Indigo Bluchips |
| Best for | Premium Travel, Lounge, Partner Miles, Travel EDGE, Burgundy Relationship | Indigo, Flights, Travel, Hotels, Lounge |
| Top reward categories | Travel EDGE: 60 EDGE REWARD Points / ₹200 upto ₹2 lakh per calendar month, then 35 EDGE REWARD Points / ₹200; Eligible Spends Up To ₹1.5 Lakh Per Calendar Month: 12 EDGE REWARD Points / ₹200; Eligible Incremental Spends Above ₹1.5 Lakh Per Calendar Month: 35 EDGE REWARD Points / ₹200 | IndiGo Flight Bookings: 7 IndiGo BluChips / ₹100 spent; Grocery Spends: 3 IndiGo BluChips / ₹100 spent; Hotel Bookings: 3 IndiGo BluChips / ₹100 spent |
| SmartBuy / accelerated caps | Not Listed | Not Listed |
| Domestic lounge | Unlimited | 8 |
| International lounge | Unlimited | 2 |
| Forex markup | 2% | 2.5% |
| Milestone benefits | Not Listed | Not Listed |
| Redemption | Air miles: upto ₹ 0.8 per point; Statement credit: upto ₹ 0.2 per point | Not Listed |
| Key exclusions | utility and telecom spends, wallet loads, government spends, insurance, gold and jewellery, fuel | fuel, rent, wallet load, education payments via third-party apps, utilities, transactions excluded under IndiGo Axis Bank Premium Credit Card terms |