About Axis Magnus for Burgundy Credit Card
The Axis Magnus for Burgundy Credit Card is a premium credit card offered exclusively to Burgundy clients of Axis Bank. With an annual fee of Rs. 30,000, this card provides strong rewards on both travel and everyday spending. Cardholders can earn up to 24% value-back on travel spends through Travel EDGE and up to 14% value-back on other spends. The reward points can be redeemed for airline and hotel loyalty programs at an attractive 5:4 ratio, making it highly rewarding for frequent travellers. This makes it one of the top options among an Axis Bank Credit Card for travel-focused users.
Along with rewards, the card offers excellent travel benefits like unlimited airport lounge access with guest visits, a low forex markup fee of 2%, and complimentary airport meet-and-greet services. Even after the changes to the regular Magnus card in 2024, this variant continues to provide better travel perks, including guest lounge access and a strong rewards conversion ratio. Overall, it is a great choice for high spenders who travel frequently and want maximum value from a premium credit card.
Axis Magnus for Burgundy is designed exclusively for Burgundy clients of Axis Bank and offers higher value-back on travel spends compared to the regular Magnus card. Cardholders can earn up to 24% value-back and convert reward points into airline and hotel loyalty programs at a 5:4 ratio, making it ideal for frequent travellers. Along with strong rewards, this premium credit card also provides unlimited lounge access with guest visits, a low forex mark-up fee of 2%, and complimentary airport meet-and-greet services, offering excellent overall travel benefits.
Axis Magnus for Burgundy Credit Card Rewards Program
Reward Earning
- Earn 12 EDGE reward points per Rs. 200 spent on monthly spends up to Rs. 1.5 lakh
- Earn 35 EDGE reward points per Rs. 200 spent on spends above Rs. 1.5 lakh
- Earn 60 EDGE reward points per Rs. 200 on travel bookings via Travel EDGE (up to Rs. 2 lakh)
- Earn 35 EDGE reward points per Rs. 200 on Travel EDGE spends beyond Rs. 2 lakh
Reward Redemption
- Convert reward points into airline and hotel loyalty programs at a 5:4 ratio
- Redeem up to 10 lakh points annually (2 lakh for Group A partners and 8 lakh for Group B partners)
Partner Programs Include
- Group A: Accor, Etihad, Singapore Airlines, Marriott Bonvoy, Qatar Airways, Turkish Airlines and more
- Group B: Air India, Air France-KLM, IHG Hotels, Qantas, Vistara and more
- You can also redeem points via the EDGE Rewards catalog at a value of 1 point = Rs. 0.20 (value may vary)
Also Check: Best Rewards Credit Cards
Other Features and Benefits
Welcome Benefit
- Get a voucher worth Rs. 5,000 from Luxe gift card, The Postcard Hotels, or Yatra
Dining Benefits
- Up to 30% discount at 4,000+ restaurants across India under the Dining Delights Program
Lounge Access
- Unlimited international lounge visits with Priority Pass
- Unlimited domestic lounge visits on spending Rs. 50,000 in the last 3 months
- 4 complimentary guest visits each for domestic and international lounges every year
Travel Benefits
- Low forex mark-up fee of 2%
- 4 complimentary airport meet & greet services every year
Also Check: Best Travel Credit Cards
Insurance Benefits
- Purchase protection up to Rs. 2 Lakh
- Credit shield cover up to Rs. 5 Lakh
- Lost/delayed baggage & document cover up to USD 500
- Lost card liability cover up to the credit limit
Fuel Benefit
- 1% fuel surcharge waiver on spends between Rs. 400 and Rs. 4,000 (up to Rs. 400 per month)
Also Check: Best Fuel Credit Cards
Annual Fee Waiver
- Annual fee waived on spending Rs. 30 lakh in a year
Fees and Charges
| Fee Type | Amount |
|---|
| Joining Fee | Rs. 30,000 + Taxes |
| Annual Fee | Rs. 30,000 + Taxes |
| Finance Charges | 3.0% p.m. (42.58% p.a.) |
| Late Payment Charges | | For Statement Balance: | | | Up to Rs. 500 | Nil | | From Rs. 501 to Rs. 5,000 | Rs. 500 | | From Rs. 5,001 to Rs. 10,000 | Rs. 750 | | Greater than Rs. 10,000 | Rs. 1,200 |
|
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Document Required For Axis Magnus for Burgundy Credit Card
- Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
- Proof of Address: Aadhaar Card, Driver’s License, Passport
- Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Eligibility Criteria
- Age: 21 to 70 years
- Occupation: Salaried or Self-employed
- Credit Score: Should have a good credit history
Axis Magnus for Burgundy Credit Card Highlights
What do we like about this card?
- Earn 12 EDGE reward points per Rs. 200 on monthly spends up to Rs. 1.5 lakh
- Earn 35 EDGE reward points per Rs. 200 on spends above Rs. 1.5 lakh
- Earn 60 EDGE reward points per Rs. 200 on Travel EDGE spends up to Rs. 2 lakh
- Earn 35 EDGE reward points per Rs. 200 on Travel EDGE spends above Rs. 2 lakh
- Unlimited complimentary international lounge access with Priority Pass
- Unlimited domestic lounge visits on spending Rs. 50,000 in the last 3 months
- 4 complimentary guest visits each for domestic and international lounges every year
- Low forex mark-up fee of 2% on international transactions
- 4 complimentary airport meet & greet services every year
- Welcome benefit of Rs. 5,000 voucher from Luxe, The Postcard Hotels, or Yatra
Things to Know Before you apply
Get this card if:
- You are a high spender and can earn significant reward points every month
- You can spend Rs. 30 lakh annually to qualify for the annual fee waiver
- You travel frequently and can maximize value by redeeming rewards as airmiles or hotel loyalty points
- You are an Axis Burgundy client and maintain the required relationship with Axis Bank
Pros
- Up to 5X reward points on travel spends
- Unlimited complimentary lounge access worldwide
- Reward points can be transferred to airline and hotel partners at a 5:4 ratio
- Complimentary airport meet and greet services every year
Cons
- High annual spending requirement of Rs. 30 lakh for fee waiver
- Capped redemption on airmiles and hotel loyalty programs
- Limited welcome benefits of Rs. 5,000 considering the Rs. 30,000 joining fee
Axis Bank Credit Card Contact Details
- Contact Address: Axis Bank Limited, Corporate Office, Axis House, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai – 400 025, Maharashtra, India.
Helpline Numbers: 1860-419-5555, 1860-500-5555 (available from all major cities in India)
Simply SMS Service: Send BAL <space> last 4 digits of your credit card to 56161600 or 8691000002 to get your credit card balance via SMS.
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