Axis Bank Magnus for Burgundy Credit Card

Card Details

Axis Magnus for Burgundy Credit Card
Issuer
Axis Bank
Card type
Super Premium
Joining fee
₹30,000 + GST
Annual fee
₹30,000 + GST
Rewards currency
EDGE Reward points

Highlights

  • 12 EDGE Reward points per ₹200 up to ₹1.5 lakh monthly spend.
  • 35 EDGE Reward points per ₹200 beyond ₹1.5 lakh monthly spend.
  • 60 EDGE Reward points per ₹200 on Travel EDGE portal up to ₹2 lakh monthly.

Welcome, annual & renewal benefits

  • A joining and annual fee of ₹30,000 + taxes applies.
  • Spending ₹30 lakh in the previous year waives the renewal fee.

Reward earning

Spend typeEarn rate
Spends up to ₹1.5 L/month12 EDGE Reward points / ₹200
Spends above ₹1.5 L/month35 EDGE Reward points / ₹200
Travel EDGE portal spends up to ₹2 L/month60 EDGE Reward points / ₹200
  • EDGE Reward points can be transferred to airline and hotel partners at a 5:4 ratio.
  • Annual redemption cap of 10 lakh EDGE Reward points: 2 lakh for group A partners and 8 lakh for group B partners.

Lounge,Travel & lifestyle

  • Unlimited domestic and international airport lounge access with four guest visits per year.
  • Four airport meet‑and‑greet services annually.
  • Low 2 % forex markup on international spends.

Axis Bank Burgundy Relationship Eligibility

  • Average Quarterly Balance(AQB) of Rs 10 Lakh in savings account or
  • Total Relationship Value(TRV) of Rs 30 Lakh which can include PPF and all other kinfd of deposits or
  • Total Relationship Value(TRV) of Rs 1 Crore if including Demat holdings or
  • 3 Lakh Monthly Salary Credit

Apply now

Apply now

Application is handled directly by HDFC Bank.

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