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Axis Magnus for Burgundy Review 2026: Fees, Rewards & Benefits

Explore the Axis Bank Magnus for Burgundy Credit Card. Learn about the 5:4 miles ratio, unlimited lounge access, and how to qualify for this exclusive card.

Vyaya Team · Mar 2026
5 min read
Value Score
9.2 / 10
Annual Fee
₹30,000
Best For
High-Net-Worth Individuals, Frequent International Travelers
Network
Mastercard
Expert Verdict

The Axis Magnus for Burgundy is arguably the most rewarding credit card in India for high spenders who value airmiles. Despite recent devaluations, its 5:4 transfer ratio and accelerated rewards on spends above ₹1.5 Lakh make it a powerhouse for luxury travel.

Axis Bank Magnus for Burgundy Credit Card credit card by Axis Bank - Mastercard network
REWARD SUMMARY
1.2000000000000002% Base Rewards
The pinnacle of luxury and rewards for Burgundy clients.
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The Bottom Line

The Axis Bank Magnus for Burgundy Credit Card is the Axis Magnus for Burgundy is arguably the most rewarding credit card in India for high spenders who value airmiles. Despite recent devaluations, its 5:4 transfer ratio and accelerated rewards on spends above ₹1.5 Lakh make it a powerhouse for luxury travel. With a ₹30,000 annual fee that is waived on ₹30,00,000 yearly spend, it offers 1.2% rewards on monthly spends > ₹1.5 lakh and a welcome benefit worth ₹5,000. For anyone researching axis bank magnus for burgundy credit card, the verdict is simple: recommended.

It earns a base reward rate of 1.2000000000000002% and stacks best when your spending lines up with High-Net-Worth Individuals, Frequent International Travelers. The renewal fee gets easier to justify once you can hit ₹30,00,000 in yearly spend.

What we like
+Industry-leading 5:4 transfer ratio to 20+ airline and hotel partners.
+Up to 24% value-back on travel bookings via the Travel EDGE portal.
+Unlimited domestic and international lounge access with 4 guest visits annually.
+8 complimentary airport meet-and-greet services per calendar year.
+Reduced 2% forex markup fee for international transactions.
What we don't
High eligibility barrier requiring Axis Burgundy relationship status.
Strict spend-based criteria (₹50k in 3 months) for domestic lounge access.
Significant list of reward exclusions including utilities, insurance, and gold.

Who Should Get This Card

Use this as a quick filter before comparing rewards or fees in detail.

Best fit for

Ideal
+
High-Net-Worth Individuals

Optimized for monthly spends exceeding ₹1.5 Lakh with accelerated 14% reward rates.

Best value above ₹1,50,000/month
+
Frequent International Travelers

Unlimited Priority Pass visits and low forex markup provide massive utility.

Best value above ₹1,00,000/month

Probably not for

Skip
Low Spenders

The ₹30,000 annual fee is difficult to recover without high monthly throughput.

Is It Worth It For You?

Slide to your typical monthly card spend. We'll do the rest.

Calculate Your Value

Adjust your typical monthly spend by category.

🍽️
Dining
05,000Max ₹50k
Est. Returns
✈️
Travel
010,000Max ₹1L
Est. Returns
🛒
Shopping
08,000Max ₹80k
Est. Returns
🥬
Groceries
06,000Max ₹40k
Est. Returns
Annual rewards0
Welcome bonus (Year 1)+₹5,000
Annual fee-₹30,000
Net Value (Year 1)-25,000
Net Value (Year 2+)-30,000
Progress to fee waiver0%

Spend ₹30,00,000 more to waive annual fee

Sign in for personalized estimates based on your actual spending

Reward Rates

Axis Bank Magnus for Burgundy Credit Card offers 1.2000000000000002% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

Monthly Spends > ₹1.5 Lakh
1.2%
Travel EDGE Portal (< ₹2 Lakh)
1.2%
Travel EDGE Portal (> ₹2 Lakh)
1.2%

Welcome Offer

Welcome Benefit
Value: ₹5000

Fees & Charges

Joining fee₹30,000
Annual fee₹30,000
Fee waiverSpend > ₹30,00,000

Eligibility

  • Min Income: ₹36 Lakhs
  • Min Credit Score: 750
  • Exclusively for Axis Burgundy customers. Requires maintaining Burgundy status (AQB of ₹10 Lakh in savings, or TRV of ₹30 Lakh, or monthly salary credit of ₹3 Lakh+).

Exclusions & Terms

Fuel

    Insurance

      Gold/Jewellery

        Wallet Loading

          Government Services

            Utilities

              Rent (above ₹50,000 per month)

                Compare with Alternatives

                Feature
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                View Details
                Annual Fee
                ₹30,000
                ₹50,000
                Joining Fee
                ₹30,000
                ₹50,000
                Reward Rate
                1.2000000000000002%
                0.2%
                Network
                Mastercard
                Visa
                Best For
                High-Net-Worth IndividualsFrequent International Travelers
                Ultra-High-Net-Worth TravelerGolf Enthusiast

                Frequently Asked Questions

                2 data-backed answers from our card database

                What is the reward transfer ratio for Magnus Burgundy?+

                The card offers a 5:4 transfer ratio, where 5 EDGE Reward Points can be converted into 4 partner miles or hotel points.

                Is there a cap on reward point redemptions?+

                Yes, cardholders can transfer up to 10 Lakh EDGE Reward points per year, with a sub-cap of 2 Lakh for Group A partners and 8 Lakh for Group B partners.

                Ready to apply?

                ₹30,000 fee. Excellent rewards. Apply now securely.

                Apply on Axis Bank

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