Axis Bank Magnus Credit Card
Last Updated : April 10, 2024, 6:25 p.m.
People who are travelling freak and lavish spenders can apply for the Axis Bank Magnus Credit Card. It has a lot of offers on travelling, dining, health, and many others. There are entertainment benefits as well on the Axis Bank Credit Card. There are a lot of other features as well and you must be eager to know all of them. Let’s see all the privileges of this credit card and if you find them interesting then you can go for this card.
Features of Axis Bank Magnus Credit Card
- Choose your welcome benefit voucher from one-way domestic flight ticket or Luxe Gift Card or PostCard Hotels gift voucher worth Upto Rs. 12,500 on card activation.
- Unlimited domestic and international airport lounge access per year.
- Get a Priority Pass and enjoy 8 airport visits in a year applicable to guests as well.
- Buy one ticket from BookMyShow and get up to 500 off on the second ticket, up to 5 times in a month.
- The Add-on Cardholder will also get unlimited access to the airport lounges.
- 35 EDGE reward points per Rs. 200 on incremental spends above Rs. 1.5 lakhs in a calendar month, 5X EDGE REWARDS on travel spends via TRAVEL EDGE* T&C apply. Visit www.axisbank.com/magnus
Benefits
- Enjoy complimentary Domestic Flight tickets as a welcome gift.
- Get 8 Concierge Service annually at Airports.
Travelling and Staying Benefits
- Get one economy class flight ticket across domestic locations every year.
- Enjoy 8 VIP Assistance at 29 Airports across India.
- The VIP Assistance will include check-in, immigration processes, security check, and porter services.
- Enjoy up to 8 complimentary access to the international airport lounge in a year with the Priority Pass Card.
- Get unlimited access to the Domestic Airport lounge.
Terms and Conditions
- Economic Flight ticket offer for the primary cardholder and he is eligible once he pays the annual or joining fee.
- The Cardholder will receive the message of confirmation from the bank for flight bookings.
- The flights must be booked within 6 months when the message is received.
- A maximum amount of ₹10000 is capped for booking the domestic flight.
- Booking should be done 10 days prior to the travelling date.
- A transaction of ₹1 has to be made for the authentication.
- The booking of VIP Assistance must be made before 48 hours of the service time.
- The Cardholder has to spend ₹7 lacs in the previous year to get 4 additional international lounge access
- In the case of domestic lounge Access, a transaction of ₹25 will be made for authentication which will be reversed later
- The Oberoi offers will only be eligible in the online booking transactions.
Entertainment and Dinning Benefits
- Book 1 Ticket from BookMyShow and get a discount of ₹500 on the 2nd ticket for a maximum of 5 bookings per month.
- Get up to 40% discount on Dining Delights from axis bank over 4000 restaurants in India.
- Enjoy benefits on the Extraordinary Weekends across the world.
Terms and Conditions
- The Movie Booking offer is only applicable to the official website and app of BookMyShow.
- The BookMyShow offer will be available till the card is active.
- ₹500 is the maximum discount capped per transaction on BookMyShow.
Insurance and Health Benefits
Your credit card is safe with the following coverage:-
- Insurance of the Credit Limit in case of Axis bank Credit Card lost.
- In addition a purchase Protection of ₹2 Lakhs.
- Other than the above up to 500 USD cover for Loss or Delay in baggage and Personal documents.
- And a Credit Shield of up to ₹5 Lakhs.
Keep up with your health using the following benefits of this best credit card:-
- Enjoy Complimentary Sessions and special discounts on Spas and Salons.
- Get a medical diagnosis from the best specialist at the leading medical institutions.
- Enjoy the Services in the healthcare packages of Dr. PathLab and Metropolis.
- Get assistance during your international trips.
List of Reputed International Hospitals
The Axis Bank Magnus Credit Card has the offer on the following hospitals.
- Massachusetts General Hospital
- McLean Hospital (Psychiatric Services)
- Massachusetts Eye and Ear Infirmary
- The Spaulding Rehabilitation Hospital
- Dana-Farber Cancer Institute
- The Brigham and Women’s Hospital
Global Travel and Assistance Services
- Information Related to Visa and Inoculation
- Reference for the Interpreter
- Advice and Assistance in the case of lost documents.
- Legal Referrals
- Translation Assistance
- Urgent Document Delivery
- Arranging Transportation and Accommodation for family members
- Telephonic Medical Assistance
- Medical Service
- Arranging Hospital Admission
- Emergency Medical Evacuation
- Arrangement of Accommodation
Axis Bank Magnus Credit Card Rewards Program
- Earn 12 EDGE Reward Points for every ₹200 spent, up to ₹1,50,000 per month.
- Earn 35 EDGE Reward Points for every ₹200 spent above ₹1,50,000 per month.
- Get 60 EDGE Reward Points for every ₹200 spent on the Travel Edge portal, up to ₹2,00,000 per month.
- Earn 35 EDGE Reward Points for every ₹200 spent above ₹2,00,000 per month.
- Certain categories, such as Wallet (6540), Government institutions (9222, 9311, 9399, 9402), and utilities (4814, 4816, 4899, 4900), are not eligible for EDGE reward points.
- Fees and charges are not considered for the incremental rewards threshold calculation of ₹1,50,000.
- You can transfer up to ₹5 Lakh# EDGE Reward points to 19 travel partners in a calendar year.
Charges and Fee of Axis Bank Magnus Credit Card
Particulars | Details |
---|---|
Joining Fee | ₹12,500 |
Annual Fee | ₹12,500 - Spend more than ₹25 Lakhs in a Year to waive off the annual fee. |
Interest for extended borrowing | 3% |
Markup Fees on Foreign Transaction | 2% |
Cash Withdrawal Charges | NIL |
Eligibility Criteria
- The Minimum Age of the Cardholder must be 18 years.
- The Maximum Age of the Cardholder must not more than 70 years.
- A Salary of a minimum of ₹24 Lakhs
- Annual Income Tax Return filed must be ₹24 Lakhs.
- The Applier must be a citizen of India.
- Add-on cardholders must be above 18 years.
Documents Required
- Photocopy of the PAN card.
- Form 60.
- Latest Payslip as the income proof.
- Form 16 and IT Return copy as income proof.
- Residence Proof- Driving License, Passport, Electricity Bill or landline bill.
Axis Bank Magnus Credit Card Payment Options
There are various options for making the credit cards payment. You can make the Axis Bank Credit Card Online Payment and as well as offline payment. The options for clearing the Axis Bank Credit Card dues are:-
- Clear the credit card dues through cash.
- Use the cheque for credit card payments.
- Pay the bills through Billdesk.
- Apply the Auto-Debit facility for convenient payment.
- Use the debit card of another bank to pay the bills.
- Axis Net banking facility will also help to make credit card bill payments.