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Side-by-Side Comparison|Updated March 2026

Adani One ICICI Bank Signature Credit Card vs Axis Bank Magnus Credit Card

Detailed comparison of fees, rewards, benefits, and value to help you choose the right credit card for your spending pattern.

ICICI Bank

Adani One ICICI Bank Signature Credit Card

8.2/10
Annual Fee₹5,000
Base Rewards1%
NetworkVisa
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Axis Bank

Axis Bank Magnus Credit Card

8/10
Annual Fee₹12,500
Base Rewards0.2%
NetworkVisa
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Feature-by-Feature Comparison

FeatureAdani One ICICI Bank Signature Credit CardAxis Bank Magnus Credit Card
Annual Fee₹5,000₹12,500
Joining Fee₹5,000₹12,500
Fee Waiver Spend₹6,00,000₹25,00,000
Base Reward Rate1%0.2%
Reward CurrencyAdani Reward PointEDGE Reward Points
NetworkVisaVisa
Editor Rating8.2/108/10
Forex Markup3.5%3.5%

Pros & Cons

Adani One ICICI Bank Signature Credit Card

Pros

  • High 7% reward rate on Adani One ecosystem including flights, hotels, and utility bills.
  • Generous welcome benefits worth ₹9,000 including flight and hotel vouchers.
  • Exclusive airport perks like Pranaam Meet & Greet, Porter services, and Valet parking.
  • Comprehensive lounge access with 16 domestic and 2 international visits annually.

Cons

  • High annual fee of ₹5,000 which requires significant spend for waiver.
  • Maximum benefits are restricted to Adani-managed airports.
  • Lower reward rate of 0.5% on utility and insurance spends.

Axis Bank Magnus Credit Card

Pros

  • High reward rate of 17.5 EDGE points per ₹200 on spends above ₹1.5 Lakhs monthly.
  • Unlimited domestic and international lounge access for primary and add-on cardholders.
  • Low foreign currency markup fee of 2% for international transactions.
  • Welcome benefit voucher worth ₹12,500 effectively offsets the joining fee.

Cons

  • Significant devaluation in 2024 removed monthly milestone bonuses and concierge services.
  • High annual fee waiver threshold of ₹25 Lakhs is difficult for most users to reach.
  • Reward points transfer ratio to air miles reduced from 5:4 to 5:2 for non-Burgundy users.

Our Verdict

Adani One ICICI Bank Signature Credit Card edges ahead overall with a stronger combination of rewards and value. However, Axis Bank Magnus Credit Card could be the better pick if its specific category strengths match your spending habits.

Choose Adani One ICICI Bank Signature Credit Card if

Ideal for those who frequently use Adani-managed airports and the Adani One app for bookings.

Choose Axis Bank Magnus Credit Card if

Best value is unlocked after crossing the ₹1.5 Lakh monthly spend threshold.

Frequently Asked Questions

Which is better: Adani One ICICI Bank Signature Credit Card or Axis Bank Magnus Credit Card?
Adani One ICICI Bank Signature Credit Card edges ahead overall with a stronger combination of rewards and value. However, Axis Bank Magnus Credit Card could be the better pick if its specific category strengths match your spending habits.
What is the annual fee difference between Adani One ICICI Bank Signature Credit Card and Axis Bank Magnus Credit Card?
Adani One ICICI Bank Signature Credit Card has an annual fee of ₹5,000, while Axis Bank Magnus Credit Card has an annual fee of ₹12,500. Adani One ICICI Bank Signature Credit Card offers a fee waiver on ₹6,00,000 annual spend. Axis Bank Magnus Credit Card offers a fee waiver on ₹25,00,000 annual spend.
Which card has better rewards: Adani One ICICI Bank Signature Credit Card or Axis Bank Magnus Credit Card?
Adani One ICICI Bank Signature Credit Card offers a base reward rate of 1%. Axis Bank Magnus Credit Card offers 0.2% base rewards. The better choice depends on your primary spending categories.
Can I have both Adani One ICICI Bank Signature Credit Card and Axis Bank Magnus Credit Card?
Yes, many users hold multiple credit cards to maximize rewards across different spending categories. Adani One ICICI Bank Signature Credit Card and Axis Bank Magnus Credit Card can complement each other if they cover different reward categories.
Which card is better for beginners: Adani One ICICI Bank Signature Credit Card or Axis Bank Magnus Credit Card?
For beginners, Adani One ICICI Bank Signature Credit Card may be more approachable with a lower annual fee of ₹5,000. However, evaluate based on your expected spending pattern rather than fee alone.

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