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MAGNUS Credit Card

by Axis · Mastercard · Super Premium · Retail
super premiumlounge accesslow forex
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Fees & charges

Joining fee₹12,500
Annual fee₹12,500
Fee waiverNo fee waiver
Forex markup2%
Finance charge3.75% p.m. (55.55% p.a.)
Cash advance fee2.5% (Min. INR 500) of the cash amount; 2% (Min. INR 300) of the cash amount for OLYMPUS Credit Card
Late payment feeAll other Credit Cards: Nil if total payment due is up to INR 500; INR 500 if between INR 501 and INR 5,000; INR 750 if between INR 5,001 and INR 10,000; INR 1,200 if greater than INR 10,000. OLYMPUS Credit Card: INR 100 if total payment due is greater than INR 2,000. Waived for BURGUNDY PRIVATE Credit Card and PRIMUS Credit Card

Rewards & Lounge access

Rewards12 EDGE Reward Points per INR 200 on cumulative monthly spends up to INR 1,50,000; 35 EDGE Reward Points per INR 200 on incremental monthly spends above INR 1,50,000
Lounge accessUnlimited complimentary international lounge visits with 4 guest visits per year via Priority Pass; unlimited domestic airport lounge access (on min INR 50,000 spends in previous 3 months)
NetworkMastercard
CategorySuper Premium
Card typeRetail

Key features

  • 12 EDGE Reward Points per INR 200 on cumulative monthly spends up to INR 1,50,000; 35 EDGE Reward Points per INR 200 on incremental monthly spends above INR 1,50,000
  • Unlimited complimentary international lounge visits with 4 guest visits per year via Priority Pass; unlimited domestic airport lounge access (on min INR 50,000 spends in previous 3 months)
  • Welcome voucher worth up to INR 5,000 (applicable if joining fee is paid)