Axis Magnus Burgundy

The Axis Magnus Burgundy Credit Card is Axis Bank's flagship super-premium offering, designed for India's high-income professionals and frequent travellers who demand the very best in rewards, comfort, and lifestyle privileges. With an extensive lounge access programme, an elevated reward rate on Travel and Lifestyle categories, and luxury welcome benefits, this card sets a high benchmark in the Indian premium credit card segment. Available exclusively through Naxelona and select channels, the Axis Magnus Burgundy is built for those who value substance as much as status.

Key Benefits

• Unlimited-feel Lounge Access: Up to 99 complimentary domestic lounge visits per year and up to 99 complimentary international lounge visits per year, covering virtually every journey you take.
• Luxury Welcome Vouchers: On payment of the joining fee, cardholders receive complimentary luxury brand vouchers as a welcome benefit, providing immediate tangible value.
• Low Forex Markup: A competitive 2% foreign currency markup fee keeps overseas spending costs manageable for frequent international travellers.
• Fuel Surcharge Waiver: Enjoy a 1% fuel surcharge waiver at fuel stations across India, capped at ₹400 per month.
• Super-Premium Card Network: Access to exclusive offers, concierge services, and partner privileges that come with Axis Bank's top-tier card programme.

Reward Structure

• Earn Rate: 24 reward points for every ₹100 spent on Travel and Lifestyle categories — one of the highest earn rates in the Indian super-premium segment.
• Redemption: Reward points can be redeemed against a range of options including travel bookings, partner brand vouchers, and other lifestyle benefits as per Axis Bank's Edge Rewards programme terms.
• Accelerated Categories: The elevated 24 pts/₹100 rate applies specifically to Travel and Lifestyle spends; standard earn rates apply to other categories as defined by Axis Bank.

> Note: Reward points are subject to expiry and redemption terms as specified by Axis Bank. Always review the latest programme terms before redeeming.

Fees & Charges

| Charge | Amount |
|---|---|
| Joining Fee | ₹30,000 |
| Annual Fee | ₹30,000 |
| Finance Charge (Interest) | 3.4% per month |
| Foreign Currency Markup | 2% of transaction value |
| Fuel Surcharge Waiver | 1% (up to ₹400/month) |

• The joining fee and annual fee are each ₹30,000 + applicable GST.
• A finance charge of 3.4% per month applies on revolving balances and cash advances. Carrying a balance is costly; clearing your dues in full each month is strongly advised.
• Other fees such as cash advance charges, late payment fees, and over-limit fees apply as per Axis Bank's Schedule of Charges.

Card Features at a Glance

• Card Type: Super Premium
• Issuing Bank: Axis Bank
• Domestic Lounge Access: Up to 99 visits per year
• International Lounge Access: Up to 99 visits per year
• Welcome Benefit: Complimentary luxury brand vouchers (on fee payment)
• Reward Earn Rate: 24 points per ₹100 on Travel & Lifestyle
• Forex Markup: 2%
• Fuel Surcharge Waiver: 1% (₹400/month cap)
• Finance Charge: 3.4% per month on revolving credit

This card is best suited to consumers who spend significantly in Travel and Lifestyle categories and can leverage the high reward rate, extensive lounge access, and luxury perks to justify the premium annual fee.

Eligibility Criteria

To apply for the Axis Magnus Burgundy Credit Card, you must meet the following minimum requirements:

• Minimum Annual Income: ₹36,00,000 (₹36 Lakhs)
• Minimum CIBIL Score: 780
• Nationality: Indian resident (as per Axis Bank's application norms)
• Age: As per Axis Bank's standard credit card eligibility policy

> Meeting the minimum criteria does not guarantee card approval. Axis Bank retains the right to approve or decline applications based on its internal credit assessment policies, existing relationship with the bank, and other factors.

Terms & Conditions

• All fees mentioned are exclusive of GST, which will be levied as per applicable government regulations.
• Lounge access (domestic and international) is subject to the specific programme terms, partner lounge availability, and any per-visit conditions set by Axis Bank and its lounge network partners. The 99 visits per year figure represents the stated maximum; actual access is subject to programme terms.
• The fuel surcharge waiver of 1% is applicable at authorised fuel stations and is capped at ₹400 per billing cycle. Certain fuel stations or transaction types may be excluded.
• Welcome vouchers are issued subject to successful payment of the joining fee and any additional conditions stipulated by Axis Bank and the respective brand partner.
• Reward points are governed by Axis Bank's Edge Rewards programme terms, including earn caps, expiry timelines, and eligible merchant category codes (MCCs). Naxelona presents this information for reference only.
• The finance charge of 3.4% per month is indicative of the high cost of revolving credit. Consumers are advised to pay their full statement balance by the due date each month to avoid interest charges.
• All information on this page is provided for general informational purposes. Product terms, fees, and benefits are subject to change at Axis Bank's discretion. Terms and conditions apply. Please refer to Axis Bank's official website and the Most Important Terms & Conditions (MITC) document before applying.
• Naxelona is a financial products marketplace and not a bank or credit card issuer. Credit decisions are made solely by Axis Bank.