The Axis Bank Magnus Burgundy Credit Card is a premium offering designed for high-net-worth individuals who want luxury benefits with strong rewards. Available exclusively to Axis Burgundy customers, this card blends lifestyle privileges, travel perks, and accelerated rewards into one powerful package. The Axis Burgundy credit card stands out for its generous reward points structure, premium airport lounge access, and high-end dining and travel benefits. Backed by Axis Bank, the Axis Magnus card is ideal for frequent travelers and big spenders who prefer exclusivity and premium experiences. From milestone rewards to global privileges, this card goes beyond regular credit cards, making it a strong choice for those who want value, comfort, and statusall in one premium card.
Axis Bank Magnus Burgundy Credit Card Fees & Charges 2026
Fee / Charge Type | Amount (₹) | Notes |
Joining Fee | ₹30,000 + GST | Charged at issuance to Axis Burgundy credit card holders. |
Annual Fee | ₹30,000 + GST | Recurring yearly fee for Axis Magnus Burgundy card. |
Annual Fee Waiver | Spend ₹30 lakh in preceding year | Annual fee waiver applicable on qualifying spends. |
Finance Charges (Interest) | ~3.0% p.m. (~42.58% p.a.) | Interest on unpaid balances. |
Late Payment Charges | – Up to ₹500 (≤₹500) – ₹500 (₹501–₹5,000) – ₹750 (₹5,001–₹10,000) – ₹1,200 (>₹10,000) | Charges for delayed payment. |
Foreign Transaction / Forex Markup Fee | ~2% (plus GST) | Lower forex mark-up benefit compared with many cards. |
Cash Withdrawal Fee | Nil | Cash withdrawal fees waived (interest still applies). |
Fuel Surcharge | 1% (₹400–₹4,000) capped at ₹400/month | Surcharge waiver on eligible fuel spends. |
Axis Bank Magnus Burgundy Credit Card Reward 2026
1. Base & Accelerated Reward Points
- Earn 12 EDGE Reward Points for every ₹200 spent on all eligible spends up to ₹1.5 lakh per calendar month.
- Once spends cross ₹1.5 lakh in a month, you earn 35 EDGE Reward Points per ₹200 — up to your credit limit + ₹1.5 lakh.
This means heavy spenders benefit a lot more you can squeeze out significantly higher rewards if you spend consistently above ₹1.5 lakh in monthly spends.
2. Travel EDGE Bonus
- Book travel via Travel EDGE portal and earn 60 EDGE Reward Points per ₹200 spent up to ₹2 lakh per month.
- Above ₹2 lakh on Travel EDGE, the rate reverts to 35 points per ₹200.
Travel EDGE bookings often give the best real value back especially if you convert points to flights or hotels.
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Redemption Value & Airline/Hotel Transfers
Convert Rewards for Travel
- EDGE Reward Points can be transferred to airline and hotel loyalty programs. As a axis bank burgundy holder, you get a better transfer ratio (often close to 5:4 with select partners) vs the standard 5:2 for regular magnus credit card holders.
- This makes travel redemptions especially valuable you’re effectively getting higher real value per reward point when booking flights or hotels vs just redeeming for vouchers.
Value Approximation
- If you redeem EDGE Reward Points for vouchers directly, each point is roughly worth ₹0.20.
- Transferring to airline/hotel partners can boost this value significantly often best for frequent travellers.

Redemption Options (EDGE Rewards)
EDGE Reward Points earned on the Axis Bank Magnus credit card can be converted into airline miles or hotel loyalty points at a 5:4 transfer ratio, which is one of the key strengths of this card for frequent travellers.
You can transfer up to 10 lakh reward points per calendar year, split as:
- 2 lakh points to Group A partners
- 8 lakh points to Group B partners
Group A Partners | Category | Group B Partners | Category |
Accor | Hotels | ITC | Hotels |
Marriott Bonvoy | Hotels | IHG | Hotels |
Wyndham | Hotels | Qantas Airways | Airlines |
Air Canada | Airlines | Air India | Airlines |
Qatar Airways | Airlines | Air France | Airlines |
United Airlines | Airlines | SpiceJet | Airlines |
Singapore Airlines | Airlines | AirAsia | Airlines |
Turkish Airlines | Airlines | — | — |
Thai Airways | Airlines | — | — |
Japan Airlines | Airlines | — | — |
Ethiopian Airlines | Airlines | — | — |
Etihad Airways | Airlines | — | — |
Best-value redemptions:
For hotel stays, Accor Hotels (≈ ₹1.8 per Accor ALL point) from Group A and ITC Hotels (≈ ₹1 per ITC Green Point) from Group B are considered the most reliable and popular options.
For airlines, Air Canada, Singapore Airlines, and Qatar Airways generally offer better long-term value.
Important caution: Airline miles can lose value suddenly due to program devaluations. If you hold miles for too long, their worth can drop sharply sometimes by nearly 50%, which makes hotel partners a safer choice for many users.
Axis Bank Magnus Burgundy Credit Card Lounge Access
Airport Lounge Access — Best-in-Class Travel Perk
- Unlimited International Lounge Visits: You get no cap on international airport lounge visits worldwide through your Priority Pass membership, included with the card.
- Guest Invite Benefits: Alongside your own visits, you are entitled to 4 additional guest visits per year for both international and domestic lounges.
- Unlimited Domestic Lounge Access: Visit participating domestic lounges in India with no fixed limit — but you must meet the minimum spend condition (₹50,000 in the previous 3 months) to access them.
- For example, if you want to use a domestic lounge in March, you should have spent ₹50,000 between Dec-Feb.
👉 This makes the Axis Magnus card and its Burgundy variant significantly more travel-friendly than many premium cards where lounge access is restricted or paid.
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Airport Meet & Greet (Concierge)
- Meet & Greet Services: Unlike the standard Magnus card (which no longer offers this), the Axis Magnus Burgundy Credit Card still includes airport meet & greet services — a premium concierge service to smooth your departure or arrival.
- Annual Limit: You get 4 complimentary meet & greet services per calendar year.
- This support typically includes assistance with check-in, security, immigration, and porter help, easing travel at busy airports.
Forex Mark-Up — Lower Cost on International Spending
- Low Foreign Transaction Fee: The card charges a 2% forex markup fee (plus GST) on international transactions lower than many other premium cards.
- Real Benefit for Frequent Travelers: On foreign spends, this reduced markup combined with strong rewards (especially when you transfer EDGE points at favorable rates) means you retain more value from your international purchases.

Should You Get the Axis Bank Magnus Burgundy Credit Card?
✅ Yes — if you:
- Travel internationally often (priority pass, unlimited lounge access)
- Spend big monthly (benefit from accelerated rewards)
- Want low forex markup and strong travel redemptions
❌ Maybe/No — if you:
- Spend moderately or mostly on everyday categories
- Don’t use airport lounges or travel perks
- Can’t justify the ~₹30,000+ GST annual fee
The Axis Magnus credit card is worth it only if you use the travel and rewards perks regularly and spend high amounts. For occasional spenders, the card’s high fee may outweigh the benefits.
What are the Axis Magnus Burgundy Credit Card benefits?
The Axis Magnus Burgundy Credit Card benefits include unlimited international lounge access, premium reward points, low forex markup, and complimentary airport meet & greet services.
Is the Axis Magnus Burgundy Credit Card review positive?
Most Axis Magnus Burgundy Credit Card reviews rate it highly for frequent travellers and high spenders, but note that the annual fee is high.
Where can I find the Axis Bank Magnus Burgundy Credit Card features PDF?
The Axis Bank Magnus Burgundy Credit Card features PDF is available on the official Axis Bank website under the Burgundy banking section.
What is the Axis Magnus Burgundy Credit Card annual fee?
The Axis Magnus Burgundy Credit Card annual fee is ₹30,000 plus GST, with limited waiver options.
What are the Axis Magnus Burgundy Credit Card fees?
Key Axis Magnus Burgundy Credit Card fees include annual charges, interest on outstanding balances, and a 2% forex markup plus GST.
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What are the Axis Magnus Burgundy Credit Card exclusions?
Axis Magnus Burgundy Credit Card exclusions include limited or no rewards on fuel, utilities, rent, wallet loads, and insurance payments.
What is the Axis Magnus Burgundy Credit Card eligibility?
Axis Magnus Burgundy Credit Card eligibility is restricted to Axis Burgundy customers meeting high income or relationship value criteria.
Does the Axis Magnus Burgundy Credit Card offer lounge access?
Yes, Axis Magnus Burgundy Credit Card lounge access includes unlimited international lounges via Priority Pass and domestic lounges (subject to spend conditions).












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