Axis Bank Magnus Credit Card - Best Lifestyle Credit Card
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Indialends, 27 Mar 2026

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Axis bank Magnus Credit Card

It is the best credit card for those who are traveling freak and lavish spenders. Axis Bank Magnus credit card being a lifestyle credit card is offering a lot of benefits on traveling, health, dining, and many others.

Key highlights of Axis Bank Flipkart Credit Card

  • 8 complimentary airport concierge services
  • Annual fees of Rs.12500 + Taxes waived on spends of Rs.25 Lakhs.

Features of Axis Bank Magnus Credit Card

  • 5X EDGE REWARDS on travel spends via TRAVEL EDGE. Visit www.axisbank.com/magnus
  • 35 EDGE reward points per Rs. 200 on incremental spends above Rs. 1.5 lakhs in a calendar month.
  • Buy one ticket and get up to Rs.500 off on the second ticket at BookMyShow for a maximum of 5 bookings in a month.
  • Unlimited international lounge visits and 8 additional guest visits in a year with the Priority Pass Card.
  • Choose your welcome benefit voucher from one-way domestic flight ticket or Luxe Gift Card or PostCard Hotels gift voucher worth Upto Rs. 12500 on card activation.

The eligibility criteria to apply for Axis Bank Magnus Credit Card

  • The minimum age to apply for a credit card is 21 years and the maximum is 70 years old.
  • Salaried: Annual salary of Rs. 18 Lakhs
  • Self Employed: ITR > Rs. 18 Lakhs per annum
  • Must be having a good credit score of 750, or above.

Documents required to apply for Axis Bank Magnus Credit Card

Both Self-employed and Salaried

  • Completed application form
  • Passport-size photographs
  • Proof of identity (copy of PAN, Aadhaar, passport, etc.)
  • Proof of residence (utility bills, driving license, PAN, Aadhaar, etc.)

Salaried- Income proof

  • Latest salary slips
  • Form 16
  • Bank statements

Self-employed- Income Proof

  • Income proof
  • Statement of accounts
  • Proof of business

Axis Bank Magnus Credit Card Fee and Charges

Annual fee Rs. 12500 + GST
Joining Fee Rs. 12500 + GST
Spending more than 15 Lac a year Renewal fee- NIL
Interest Rate on the Exceeding Credit Amount 2.5%
Foreign Exchange Markup fees 2%

How to apply Axis Bank Credit Card on their official website?

  • Visit the official website of ‘ Axis Bank’
  • Click on the ‘Credit Cards’
  • Click on the ‘Apply Now’ button
  • Fill in your personal and income details
  • Submit the application
  • The executive will come to pick up the necessary documents
  • The bank would verify the details properly before approving the application

If you wish to know more about the low annual fee or no annual fee credit cards,  click here. We IndiaLends have collaborated with the top banks and financial institutions that are offering the best-in-class credit cards loaded with bonus points, air miles, cashback, discounts, gift vouchers, and so on.

FAQ’s

Loan against mutual funds (LAMF) allows you to borrow cash against your mutual fund investments as collateral. You can use Volt Money to lien mark your mutual funds digitally to avail an instant limit without losing the ownership of your mutual funds and all the associated benefits with it. Funds will be made available in the form of an overdraft facility.

The annual fee for the Axis Privilege Card is typically Rs. 1,500 plus taxes. This fee can be waived if the cardholder achieves an annual spending milestone, though the exact spending amount for the waiver can vary by card variant. For example, a common waiver condition is spending above Rs. 2.5 lakh in an anniversary year.

Luxe Vouchers are digital gift cards that can be redeemed across popular luxury and lifestyle brands such as Myntra, Flipkart, Pantaloons, and more. Once you qualify for the offer, the voucher code will be sent directly to your registered email ID or mobile number. In most cases, vouchers are delivered within 5–7 working days after successful validation of your transaction or application.

Yes, you can apply even with a low CIBIL score, but your chances of approval may be limited. Most banks and lenders prefer a CIBIL score of 750 or above for quick approval and better interest rates. If your score is lower, some lenders may still consider your application based on other factors such as your income, employment stability, or existing relationship with the bank. However, you may be offered a lower loan amount or higher interest rate. Improving your credit score before applying can increase your chances of getting approved on favorable terms.

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