Axis Bank Magnus Credit Card Coupon Codes and Offers Dec 2024

Axis Bank Magnus Credit Card

Get Rs 2000 Cashback on Card Dispatch

About Axis Bank Magnus Credit Card

The Magnus Credit Card is one of the most rewarding and sought-after cards in Axis Bank’s portfolio. This super-premium card issued by the bank targets high-income individuals who want to enjoy the privilege of a luxurious lifestyle. It has a joining fee of ₹12,500 but offers exciting benefits across various categories, including travel, rewards, and many more.

Cardholders get domestic and international lounge access at airports and premium customers can also make international transactions at a relatively low 2% Forex Markup fee. Also, there are no cash withdrawal charges on the card (Interest charges applicable). Although the annual fee of the card is relatively high, you can get it waived by spending 25 lakhs or above in a card anniversary year.

Cashback Guidelines

Existing Credit Card holders of the issuing Bank will not be eligible for Rewards
No Rewards Applicable for Employees of issuing bank
Card upgrades/limit enhancements are not eligible for Rewards
Tracking Time: 72Hrs after the Application ID Generation
Confirmation Timeline: Within 75 Days of Card Activation
VKYC done over 50km from your Aadhaar/communication address will result in application rejection and loss of rewards
Minimum transaction of ₹100 is required within 30 days to activate the card, otherwise it will be closed

Also, Remember
Do not visit any other coupon or deal site after clicking-out from Arista
Do not use a referral code which is not mentioned on Arista
No Rewards are applicable if you cancel the application
Fraudulent activity will lead to cancellation of the Rewards. Arista's decision will be final in this case
If your Rewards do not track, raise a Missing Rewards ticket within 30 Days from the application date
Please send Rewards related queries to Arista only, not to the Issuing Bank

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Card Details

Card Type: Travel, Dining, Shopping
Reward Type: Reward Points
Points per 100 Expense: 6.00
Value of 1 Point: 0.20
Joining Fee: 12500
Yearly Fee: 12500
Welcome Benefits: Choose a gift voucher worth Rs. 12,500 from any one of Luxe, Yatra, or Postcard Hotels
All Benefits: ₹12,500 worth of gift vouchers from Luxe, Postcard Hotels, or Yatra as a welcome benefit
12 Axis EDGE REWARDS Points for every ₹200 spent on retail purchases up to ₹1.5 Lakhs. Earn 35 RPs per ₹200 after exceeding the monthly spend of ₹1.5 Lakhs
Earn 60 Axis EDGE REWARDS Points for every ₹200 spent on the Travel Edge portal up to ₹2 Lakhs. Earn 35 RPs per ₹200 after exceeding the monthly spend of ₹2 Lakhs
Unlimited domestic airport lounge access every year.
Unlimited complimentary international lounge visits every year with Priority Pass.
Discounted stays at Oberoi Hotels.
40% discount up to Rs 1,000 via Eazydiner at 4,000+ restaurants across India under the Axis Bank Dining Delights program.
Credit Shield cover (against misuse of the card) worth ₹5 lakh and purchase protection worth ₹2 lakh with Axis Bank Magnus Card.
Medical benefits include a medical concierge, a second medical opinion, preventive healthcare diagnostic programs, and global travel and medical assistance.
Lower interest rate (2.5% pm) foreign currency markup (2%) and zero cash withdrawal fee.

Movie & Dining
20% Discount at 4,000+ Restaurants Across India Under the Axis Dining Delights Program

Rewards Rate
12 Axis EDGE REWARDS Points for every Rs. 200 spent with the card, 5X EDGE REWARDS on travel spends via TRAVEL EDGE.

Reward Redemption
Axis EDGE REWARDS Points can be redeemed on the EDGE REWARDS portal at a value of 1 Edge Reward = Re. 0.20 or Transfer to Partner Airlines/Hotels Rewards Program.

Travel
Complimentary Airport Lounge Access, and Discounted Stays at Oberoi Hotels

Domestic Lounge Access
Unlimited Free Domestic Airport Lounge Access

International Lounge Access
Unlimited complimentary international airport lounge access for primary cardholders and 8 complimentary visits for the guests every year with Priority Pass

Golf
NA

Insurance Benefits
Credit shield protection worth Rs. 5 lakh (in case the card is lost) and a purchase protection worth Rs. 2 lakh.