एक्सिस मैग्नस क्रेडिट कार्ड
जारीकर्ता बैंक / संस्था: Axis Bank Ltd.
Super-premium lifestyle card offering unlimited global lounge visits with guests, 8 airport meet-and-greet passes, and 2.0% forex markup.
💳कार्ड विवरण एवं मुख्य लाभ (Card Overview & Benefits)
कार्ड का संक्षिप्त विवरण
Axis Magnus is Axis Bank's premier super-premium lifestyle and aviation credit card. Engineered for high-net-worth travelers and corporate leaders, it features unlimited domestic and international airport lounge access with guest visits, 8 airport meet-and-greet passes, 35 EDGE points per ₹200 on Travel EDGE, and a 2.0% forex markup.
Complimentary domestic flight ticket voucher worth up to ₹10,000 (or luxury hotel stay voucher) credited upon payment of joining fee and first card swipe.
Unlimited complimentary domestic airport lounge access for primary cardholders + 8 complimentary guest visits per calendar year. Unlimited complimentary international airport lounge access worldwide via Priority Pass with 8 complimentary guest visits per year.
1% fuel surcharge waiver across all fuel stations in India on transaction amounts between ₹400 and ₹4,000 (maximum waiver of ₹400 per statement cycle).
Complimentary airport concierge meet-and-greet services (up to 8 times a year at major airports). Unlimited golf games and lessons (up to 4 per month). Buy 1 Get 1 free movie ticket discount on BookMyShow up to ₹500 (up to 5 times a month).
📋पात्रता मानदंड एवं नियम (Eligibility & Requirements)
पात्रता की शर्तें
Salaried Indian individuals aged 18 to 70 with monthly salary exceeding ₹1,50,000. Self-employed individuals aged 18 to 70 with audited annual ITR exceeding ₹18,00,000.
न्यूनतम वार्षिक आय आवश्यकता
₹1,50,000/month (Salaried) / ₹18,00,000/year ITR (Self-Employed)
📂आवश्यक दस्तावेज (Required Documents)
1. PAN Card (statutory requirement) 2. Proof of Identity & Residence: Aadhaar Card or Passport 3. Proof of Income: Last 3 months' salary slips with Form 16 OR Last 2 years' audited ITR with computation (ITR > ₹18 Lakhs) 4. Passport-size photograph.
⚠️क्या कमी है / महत्वपूर्ण शुल्क चेतावनियां (Honest MITC Disclosures & Hidden Costs)
Annual fee waiver threshold is very steep at ₹25 Lakhs. Transfer ratio to air miles was revised to 5:2 (down from legacy 5:4 ratio). Monthly 25,000 bonus milestone points were discontinued in recent revisions. High ₹12,500 annual fee.
🚀आवेदन के चरण (How to Apply)
Step 1: Check card eligibility on axisbank.com/magnus or via Axis NetBanking. Step 2: Enter PAN and mobile number for high-tier algorithmic underwriting. Step 3: Submit salary slips or audited ITR showing annual income > ₹18 Lakhs. Step 4: Underwriting desk validates corporate designation and TRV. Step 5: Complete online Video KYC session with bank official. Step 6: Handcrafted presentation box with metal card dispatched via secure courier within 3 business days.
❓अक्सर पूछे जाने वाले प्रश्न (FAQs)
What happens if I miss the minimum payment due on Axis Magnus Credit Card?
If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil for outstanding up to ₹500; ₹500 for ₹501–₹5,000; ₹750 for ₹5,001–₹10,000; ₹1,200 for outstanding above ₹10,000 (+ GST).. In addition, revolving finance charges at 3.00% per month (36.00% per annum) on revolving balances. will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.
Can I convert transactions on Axis Magnus Credit Card into EMI?
Yes, Axis Bank Ltd. provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.
How do I track and redeem reward points or cashback on Axis Magnus Credit Card?
You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into Axis Bank Ltd.'s official mobile banking application or web portal. 1 EDGE Reward Point = ₹0.20 on catalog or 5:2 air miles transfer ratio to major airline partners (Singapore Airlines KrisFlyer, Qatar Airways Privilege Club, Turkish Miles&Smiles, Air France Flying Blue, Accor Live Limitless). Please note: EDGE Reward Points expire 3 years (36 months) from the date of accrual.
What is the interest-free grace period on Axis Magnus Credit Card and how does it work?
The interest-free period on Axis Magnus Credit Card is Up to 50 days of interest-free credit from transaction date.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (3.00% per month (36.00% per annum) on revolving balances.) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.