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Axis Bank Magnus Burgundy Credit Card

4 from 200 Users

All Card USPs

Superior Miles Conversion for Burgundy

earn 4 partner miles for every 5 EDGE Reward Points, delivering higher value compared to regular Magnus

Unlimited Lounge Access

gives unlimited domestic and international airport lounge visits with complimentary Priority Pass membership, including 4 accompanying guest visits per year

Burgundy-Exclusive Welcome Benefit

lets you choose a Luxe Gift Card, Postcard Hotels voucher, Yatra voucher, or a one-way domestic flight ticket worth up to ₹5,000, applicable only for new Burgundy cardholders and not for upgrades

Accelerated Reward Earnings

earn 12 EDGE Reward Points per ₹200 on spends up to ₹1.5 lakh per calendar month and 35 EDGE Reward Points per ₹200 on incremental spends beyond ₹1.5 lakh, capped at the assigned credit limit plus ₹1.5 lakh per month

Higher Annual Miles Transfer Limit

allow transfer of up to 10 lakh EDGE Reward Points per calendar year across airline and hotel partners

Best For

Shopping

Dining

Travel

Joining/Annual Fees

Joining Fees

₹35,400 ( ₹30000 + GST )

Get a FREE one-way domestic economy flight ✈️ or a Luxe Gift Voucher or a Postcard Hotels Voucher worth up to ₹12,500 as your Joining Benefit.

Annual Fees

₹35,400 ( ₹30000 + GST )

Your annual renewal fee is waived if you spend ₹25 Lakhs or more in the previous card anniversary year. (Applicable for cardholders onboarded on or after 1st September 2023)

Eligibility

Age Criteria

18-70 years

Salary Criteria

24 LPA

Credit Rating*

750+

See if you are eligible for this card

Pin Code*

​

Monthly In Hand Income*

​₹
​

Income Type*

Salaried
Self

How to redeem?

Rewards Conversion Rate

1 Reward Point = ₹0.20

Redemption Options

Redeem your rewards across the following options:

To check redemption catalogue

Click Here

All Card Benefits

All Benefits

  • Welcome voucher or one-way domestic economy flight ticket worth up to ₹5,000 / Choice of Luxe Gift Card, Postcard Hotels Voucher, or Yatra Voucher, applicable only on new Burgundy card issuance, not upgrades
  • 4 complimentary Airport Meet & Assist services per calendar year, includes check-in, security, immigration, and porter services, valid for domestic and international departures and arrivals, service available at select airports across India, booking required minimum 48 hours in advance
  • Unlimited international airport lounge access via Priority Pass which Includes 4 complimentary accompanying guest visits per year & Unlimited domestic airport lounge access in India
  • Domestic lounge access requires ₹50,000 spend in previous 3 months, Spend condition waived for newly issued cards initially
  • Earn 12 EDGE Reward Points per ₹200 on spends up to ₹1.5 lakh per month, Earn 35 EDGE Reward Points per ₹200 on incremental spends above ₹1.5 lakh
  • Accelerated rewards are capped at credit limit + ₹1.5 lakh per month
  • Convert rewards at a Burgundy-exclusive ratio of 5 EDGE Points = 4 partner miles, total annual reward transfer limit of 10 lakh EDGE Reward Points
  • Earn 5X EDGE Reward Points on flight and hotel bookings via Travel EDGE, Applicable on cumulative Travel EDGE spends up to ₹2 lakh per calendar month
  • Travel EDGE spends are excluded from the ₹1.5 lakh accelerated rewards threshold
  • Burgundy relationship reviewed periodically by Axis Bank
  • If Burgundy criteria are not met, card may be downgraded to regular Magnus
  • Miles conversion ratio will then change to 5 EDGE Points = 2 partner miles

Bank Exclusions

You will not earn points / cashback on spends in the following categories

For Points / Cashback Earnings

Fuel Spends

Wallet Loads

Rent Payment

Utility Bill Payments

Government-related Transactions

Insurance Payments

Jewellery Purchases

Rewards Redemption

Cash Advances

Outstanding Payments

For Spends Waiver

Fuel Spends

Wallet Loads

Rent Payment

Utility Bill Payments

Government-related Transactions

Insurance Payments

Jewellery Purchases

Rewards Redemption

Cash Advances

Outstanding Payments

Bank Fee Structure

StructureDetails
Forex Markups

2% Forex Markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency.
Examples (2%):
₹100 → ₹2
₹1,000 → ₹20
₹10,000 → ₹200
₹1,00,000 → ₹2000

2%
APR Fees

Finance charges of 3% per month apply on unpaid outstanding balances until the amount is fully repaid.

3%
ATM Withdrawl

N/A

N/A
Reward Redemption Fees

Voucher redemptions are usually Nil on EDGE Rewards.
₹99 + GST per transaction applies for partner transfers/conversions.
Some tiers may apply as per bank T&Cs.

₹99
Link for all T&Cs
Click Here
Railway Surcharge

Surcharge on booking or cancelling railway tickets will be levied as prescribed by IRCTC or Indian Railways and may vary based on their applicable charges.

As prescribed by IRCTC / Indian Railways
Rent Payment Fees

A 1% surcharge applies on rental transactions made using the credit card. 

1%
Cheque Payment Fees

A fee of 2% of the payment amount (minimum ₹500) is levied for cheque return, cheque dishonour, or auto-debit reversal.

N/A
Cash Payment Fees

₹175 cash payment fee per deposit.

₹175
Late Payment Fees

Late Payment Fee is based on the total amount due: Nil (<₹500), ₹500 (₹501–₹5,000), ₹750 (₹5,001–₹10,000), ₹1,200 (>₹10,000). 

Additional ₹100 is charged if Minimum Amount Due remains unpaid for two consecutive cycles, continuing until cleared.

Amount Due
₹0 - ₹500 ₹0
₹501 - ₹5000 ₹500
₹5001 - ₹10000 ₹750
Above ₹10,000 ₹1200

Apply for this card

TOP USPs

Superior Miles Conversion for Burgundy

earn 4 partner miles for every 5 EDGE Reward Points, delivering higher value compared to regular Magnus

Unlimited Lounge Access

gives unlimited domestic and international airport lounge visits with complimentary Priority Pass membership, including 4 accompanying guest visits per year

Apply Now