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Side-by-Side Comparison|Updated March 2026

Axis Bank Magnus Credit Card vs 6E Rewards - IndiGo SBI Card

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

Axis Bank

Axis Bank Magnus Credit Card

8/10
Annual Fee₹12,500
Base Rewards0.2%
NetworkVisa
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SBI Card

6E Rewards - IndiGo SBI Card

7.8/10
Annual Fee₹500
Base Rewards1%
NetworkMastercard
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Feature-by-Feature Comparison

FeatureAxis Bank Magnus Credit Card6E Rewards - IndiGo SBI Card
Annual Fee₹12,500₹500
Joining Fee₹12,500₹500
Fee Waiver Spend₹25,00,000N/A
Base Reward Rate0.2%1%
Reward CurrencyEDGE Reward Points6E Rewards
NetworkVisaMastercard
Editor Rating8/107.8/10
Forex Markup3.5%3.5%

Accelerated Rewards

Axis Bank Magnus Credit Card

No accelerated rewards listed

6E Rewards - IndiGo SBI Card

  • 3% on IndiGo - TRAVEL
  • 2% on TRAVEL

Pros & Cons

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.

6E Rewards - IndiGo SBI Card

Pros

  • Welcome voucher of 1,500 INR effectively covers the joining fee for the first three years
  • Accelerated 2% rewards on IndiGo ticket bookings with no upper cap
  • Includes 6E Prime add-ons: Priority check-in, choice of seat, and a complimentary meal
  • Solid 1.5% reward rate on daily categories like Dining, Grocery, and Entertainment

Cons

  • No complimentary domestic or international airport lounge access
  • Reward points can only be redeemed for IndiGo flight tickets and services
  • High annual interest rate of 42% on outstanding balances

Our Verdict

Both Axis Bank Magnus Credit Card and 6E Rewards - IndiGo SBI Card are strong options. Your choice should depend on your spending pattern and which card's rewards align better with your lifestyle.

Choose Axis Bank Magnus Credit Card if

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

Choose 6E Rewards - IndiGo SBI Card if

Travelers who prioritize IndiGo for domestic flights and want to earn free tickets through daily spends.

Frequently Asked Questions

Which is better: Axis Bank Magnus Credit Card or 6E Rewards - IndiGo SBI Card?
Both Axis Bank Magnus Credit Card and 6E Rewards - IndiGo SBI Card are strong options. Your choice should depend on your spending pattern and which card's rewards align better with your lifestyle.
What is the annual fee difference between Axis Bank Magnus Credit Card and 6E Rewards - IndiGo SBI Card?
Axis Bank Magnus Credit Card has an annual fee of ₹12,500, while 6E Rewards - IndiGo SBI Card has an annual fee of ₹500. Axis Bank Magnus Credit Card offers a fee waiver on ₹25,00,000 annual spend.
Which card has better rewards: Axis Bank Magnus Credit Card or 6E Rewards - IndiGo SBI Card?
Axis Bank Magnus Credit Card offers a base reward rate of 0.2%. 6E Rewards - IndiGo SBI Card offers 1% base rewards with bonuses on IndiGo - TRAVEL and TRAVEL. The better choice depends on your primary spending categories.
Can I have both Axis Bank Magnus Credit Card and 6E Rewards - IndiGo SBI Card?
Yes, many users hold multiple credit cards to maximize rewards across different spending categories. Axis Bank Magnus Credit Card and 6E Rewards - IndiGo SBI Card can complement each other if they cover different reward categories.
Which card is better for beginners: Axis Bank Magnus Credit Card or 6E Rewards - IndiGo SBI Card?
For beginners, 6E Rewards - IndiGo SBI Card may be more approachable with a lower annual fee of ₹500. However, evaluate based on your expected spending pattern rather than fee alone.

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