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
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