Axis Magnus for Burgundy Credit Card: Fees, Rewards & Benefits

Travel card

Vyaya Team · Aug 2026

5 min read

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Value Score

8.0 / 10

Annual Fee

₹30,000

Best For

Axis Burgundy banking customer, Frequent traveller

Network

Mastercard

Expert Verdict

A genuinely strong proposition for Axis Burgundy customers since it is lifetime free yet bundles unlimited lounges, golf and a 25,000-point monthly milestone on Rs.1 lakh spend. Value is gated behind redeeming points near the 0.4/point ceiling and steering spend to eligible categories.

AXIS BANKMastercard

Magnus Credit Card for Burgundy

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REWARD SUMMARY

1.2000000000000002% Base Rewards
Travel card

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The Bottom Line

The Magnus Credit Card for Burgundy is built for axis burgundy banking customer and frequent traveller. With a ₹30,000 annual fee that is waived on ₹30,00,000 yearly spend, it offers 3.5% rewards on special rate and airport lounge access. It makes the most sense if your spending matches axis burgundy banking customer and frequent traveller.

It earns a base reward rate of 1.2000000000000002% and stacks best when your spending lines up with Axis Burgundy banking customer, Frequent traveller. The renewal fee gets easier to justify once you can hit ₹30,00,000 in yearly spend.

What we like

+Lifetime free for Burgundy customers with zero joining and zero annual fee, despite carrying premium travel benefits.

+Strong base earn of 12 EDGE Reward Points per Rs.200 (6 points per Rs.100), rising to 60 points per Rs.200 (5x) on the Travel EDGE portal with no monthly cap.

+Monthly milestone of 25,000 EDGE Reward Points on Rs.1 lakh spend, worth Rs.5,000 at the 0.2/point base or up to Rs.10,000 at the best 0.4/point value.

+Unlimited complimentary domestic and international lounge access (Priority Pass) with 1 guest per visit, plus Rs.4.5 crore air accident cover and unlimited golf.

+Lifestyle extras include BookMyShow buy-one-get-one (up to Rs.500 off, 5 movie + 5 non-movie per month), 8 airport meet-and-greet services a year and up to 40% EazyDiner dining discounts.

What we don't

–Base points are worth only Rs.0.2 each, so the headline earn rate translates to a modest ~2% return unless redeemed optimally toward the 0.4/point ceiling.

–No reward points on fuel, utilities, insurance, rent, education, government, wallet loads, gift cards or EMI, narrowing where the card earns.

–2% foreign currency markup plus a 1% DCC fee, which is high for a travel-positioned premium card.

–Rent transactions attract a 1% surcharge capped at Rs.1,500 per transaction and earn nothing.

Who Should Get This Card

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

Best fit for

Ideal

Axis Burgundy banking customer

Existing Burgundy relationship holders who get this card free and can hit the Rs.1 lakh monthly spend to bank 25,000 points each month.

Frequent traveller

Flyers who value unlimited domestic and international lounge access with a guest, golf, and the 5x Travel EDGE earn rate for booking trips.

Probably not for

Skip

–

Utility and rent-heavy spender

Those whose spending skews to rent, utilities, insurance, fuel and education will earn nothing on the bulk of their bills.

–

Frequent overseas shopper

The 2% forex markup plus 1% DCC fee make international card use costlier than dedicated low-forex cards.

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.

Reward Rates

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

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Where

Amount

₹

Special Rate

3.5%

TRAVEL EDGE (Travel)

3.5%

Gyftr (Shopping)

2.4%

Welcome Offer

Welcome Benefit

Milestone Benefits

Spend ₹30,00,000

Annual/renewal fee of ₹30,000 + GST is waived if eligible spends in the preceding cardmembership year reach ₹30 lakh (spends on insurance, gold/jewellery, fuel, utility & telecom, government, wallet loads, cash advances/repayments, and rent above ₹50,000/month are excluded from this spend calculation).

Fees & Charges

Joining fee₹30,000

Annual fee₹30,000

Fee waiverSpend > ₹30,00,000

Eligibility

Min Income: ₹36 Lakhs
Min Credit Score: 750
Exclusive to Axis Burgundy customers; min Relationship Value ₹1Cr or AMB ₹10L or net income ₹24L p.a.

Exclusions & Terms

Forex markup

Foreign currency markup

EMI Transactions

Transactions converted to EMI do not earn EDGE Reward Points.

Cash Withdrawals/Advances and Repayments

Cash withdrawals, cash advances and loan/card repayments do not earn EDGE Reward Points.

Reversed/Cancelled/Refunded Transactions

Any transaction reversed, cancelled or refunded within the month does not earn EDGE Reward Points.

Frequently Asked Questions

2 data-backed answers from our card database

What is the annual fee of the Axis Magnus for Burgundy?+

The Axis Magnus for Burgundy has no annual fee (lifetime free).

What rewards does the Axis Magnus for Burgundy offer?+

It earns EDGE REWARD points, with accelerated earning on Travel.

Ready to apply?

₹30,000 annual fee. Apply on the Axis Bank website.

Apply on Axis Bank →

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