Axis Bank Magnus for Burgundy Credit Card
This is the best credit card in the country or maybe in world right now. 14% return on spend above 1.5 Lac a month is just too good. Don't think and just get this card if you have high spend.
- Issuer
- Axis Bank
- Card type
- Rewards Card
- Category
- Travel and Lifestyle
- 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 type | Earn rate |
|---|---|
| Spends up to ₹1.5 L/month | 12 EDGE Reward points / ₹200 |
| Spends above ₹1.5 L/month | 35 EDGE Reward points / ₹200 |
| Travel EDGE portal spends up to ₹2 L/month | 60 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.