What is the reward transfer ratio for Magnus Burgundy?

For Burgundy customers, the transfer ratio is 5:4 (5 EDGE Reward Points = 4 Air Miles/Hotel Points). This is higher than the standard Magnus ratio of 5:2.

Is the monthly milestone of 25,000 points still available?

No, the 25,000 monthly milestone reward points were discontinued for all Magnus variants, including Burgundy, effective September 2023.

Can I get the Magnus for Burgundy if I am not a Burgundy customer?

No, this specific variant is exclusively available to customers who maintain an active Burgundy relationship with Axis Bank.

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Axis Bank Magnus Credit Card for Burgundy

5.0/ 5

The pinnacle of luxury for the elite Burgundy customer

Annual Fee

₹30,000

Base Rewards

1.2%

Forex Fee

3.5%

Expert Verdict

The Magnus for Burgundy remains one of India's most powerful credit cards for HNI customers, primarily due to its superior 5:4 mile transfer ratio which outperforms the standard Magnus. While the monthly milestone rewards are gone, the travel benefits and guest lounge access maintain its premium status.

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Quick Match

Is this card right for you?

Your monthly spending

You mostly spend on

50%

Consider other options

Estimated annual value₹12,100

Your Estimated Value

at ₹50,000/mo

Year 1

₹10,300

Includes ₹12,500 bonus

Year 2+

₹22,800

1.2%effective rate

Why get this card

Industry-leading 5:4 air mile transfer ratio for Burgundy customers

Unlimited domestic and international lounge access for self and add-on members

8 complimentary guest visits per year for both domestic and international lounges

5X rewards on travel bookings via Axis Travel Edge portal

Watch out for

High annual fee of ₹30,000 which is only waived on ₹25 Lakhs annual spend
Strict eligibility criteria requiring Burgundy relationship status
Major reward exclusions including Rent, Insurance, Fuel, and Utilities

Who is this card for?

Best for

high spender

Individuals spending over ₹25 Lakhs annually to maximize the 5:4 transfer ratio and fee waiver.

Min: ₹2,00,000/mo

frequent traveler

Travelers who value unlimited lounge access for themselves and guests, plus high mile conversion.

Min: ₹1,00,000/mo

Skip if you're

low spender

Users spending less than ₹1 Lakh per month will find the annual fee hard to justify.

Base Earning

12 EDGE Reward Points

per ₹200 spent

1.2%

effective rate

Point value: ₹0.20/point

Bonus Categories

Travel Edge - TRAVEL

5×

6% return

150000 pts/month

Welcome Offer

Choice of one voucher: Luxe Gift Card OR Postcard Hotels Gift Voucher OR Yatra Voucher worth ₹12,500

₹12,500

value

Spend ₹1 within 30 days

Milestones

Spend ₹25.0L

Annual fee waiver on spending ₹25 Lakhs in a card anniversary year

~₹30,000

No rewards on:

Fuel, rent payments, utility bills, government payments, wallet loads, insurance premiums, EMI transactions

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