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.

Features of Axis Bank Magnus Credit Card

Reward Points

  • Get 12 Axis eDGE reward points on each Rs. 200 spent, 1.2% reward rate
  • Get 2X Axis eDGE reward points on MakeMyTrip, Yatra & Goibibo, 2.4% reward rate

Travel & Stay

  • Get up to 8 complimentary VIP Assistance Services
  • Free 8 complimentary international airport lounge access (card member + guest), 4 more will be added on spending Rs. 7 Lakh or more using Priority Pass
  • Unlimited domestic lounge access using Mastercard lounge program
  • 15% off and a complimentary room upgrade at Oberoi Hotels in India

Lifestyle & Entertainment

  • Buy 1 Get 1 up to Rs. 500 on movie, activities, events, etc. at BookMyShow, limited to 5 times in a month
  • Complimentary Dineout Plus membership
  • 20% off at restaurants participating in the Dining Delights program

Health & Wellness

  • Enjoy purchase protection of Rs. 2 Lakhs
  • Credit Shield of Rs. 5 Lakhs
  • Air accident cover of Rs. 4.5 crores
  • Get complimentary sessions and special discounts at select spas and salon partners
  • Special preventive healthcare packages
  • Global Travel & Medical Assistance
  • Other Benefits

Other Benefits

  • Reduced foreign markup of 2%
  • Lower APR of 2.5%
  • Get 1% fuel surcharge waiver
  • 24x7 dedicated concierge services

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 10,000 plus Taxes
Joining Fee Rs 10,000 plus Taxes
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.