Magnus Credit Card vs Axis Bank Reserve Credit Card
Axis Bank · Axis Bank — side-by-side CardCheck comparison
CardCheck Score BattleDeterministic 0–100 Benchmark Rating
100% Unsponsored MITC Data
Axis BankScoreExcellent
Annual Fee₹12,500
Max Reward6%
Axis BankScoreExcellent
Annual Fee₹50,000
Max Reward10%
Axis Bank Reserve Credit Card leads overall with a CardCheck Score of 87/100 (+3 pts over Magnus Credit Card).
4-Pillar Head-to-Head Breakdown
Magnus vs AxisReward Power
35%Magnus34/35
Axis35/35
Axis Wins
Fee Value & ROI
25%Magnus18/25
Axis18/25
Tie (18/25)
Lounge & Travel
20%Magnus20/20
Axis20/20
Tie (20/20)
Forex & Access
20%Magnus12/20
Axis14/20
Axis Wins
01—CardCheck Score & Pillars
- CardCheck Score
- 84
- 87Best
- Rating Verdict
- Excellent
- Excellent
- Reward Power (35%)
- 34/35
- 35/35
- Fee Value & ROI (25%)
- 18/25
- 18/25
- Lounge & Travel (20%)
- 20/20
- 20/20
- Forex & Access (20%)
- 12/20
- 14/20
02—Basic Info
- Bank
- Axis Bank
- Axis Bank
- Network
- Visa
- Visa
- Card type
- Premium
- Premium
- Best for
- Travel & Lifestyle
- Ultra HNI — unlimited lounge, concierge & highest miles earning
03—Fees
- Joining fee
- ₹12,500Best
- ₹50,000
- Annual fee
- ₹12,500Best
- ₹50,000
- Fee waiver
- ₹25,00,000Best
- ₹35,00,000
- Interest-free days
- 50
- —
04—Interest
- APR (min)
- 36%
- —
- APR (max)
- 36%
- —
- Late payment fee
- ₹1,300
- —
05—Rewards
- Reward type
- points
- points
- Min rate
- 1.2%
- 1.5%Best
- Max rate
- 6%
- 10%Best
- Points / ₹100
- 6
- 7.5Best
- Point value
- ₹0.2
- ₹0.2
- Monthly cap
- ₹1,50,000
- —
06—Travel & Lounge
- Domestic lounge / qtr
- Unlimited
- Unlimited
- Lounge spend criteria
- ₹50,000 spend req.
- No spend condition
- Priority Pass
- DreamFolks
07—Forex & Fuel
- Forex markup
- 2%
- 1.5%Best
- Fuel surcharge waiver
08—Features
- Metal card
- Contactless
- UPI linked
09—Eligibility
- Min age
- 18
- —
- Min income / month
- ₹2,00,000
- —
- Min CIBIL
- 750
- —
- Invite only
Rows won
03of 08
05of 08
| Attribute ↓ | Column A | ★ Overall pick Column B |
|---|---|---|
01—CardCheck Score & Pillars Differences highlighted | ||
| CardCheck Score | 84 | 87Best |
| Rating Verdict | Excellent | Excellent |
| Reward Power (35%) | 34/35 | 35/35 |
| Fee Value & ROI (25%) | 18/25 | 18/25 |
| Lounge & Travel (20%) | 20/20 | 20/20 |
| Forex & Access (20%) | 12/20 | 14/20 |
02—Basic Info Differences highlighted | ||
| Bank | Axis Bank | Axis Bank |
| Network | Visa | Visa |
| Card type | Premium | Premium |
| Best for | Travel & Lifestyle | Ultra HNI — unlimited lounge, concierge & highest miles earning |
03—Fees Differences highlighted | ||
| Joining fee | ₹12,500Best | ₹50,000 |
| Annual fee | ₹12,500Best | ₹50,000 |
| Fee waiver | ₹25,00,000Best | ₹35,00,000 |
| Interest-free days | 50 | — |
04—Interest Differences highlighted | ||
| APR (min) | 36% | — |
| APR (max) | 36% | — |
| Late payment fee | ₹1,300 | — |
05—Rewards Differences highlighted | ||
| Reward type | points | points |
| Min rate | 1.2% | 1.5%Best |
| Max rate | 6% | 10%Best |
| Points / ₹100 | 6 | 7.5Best |
| Point value | ₹0.2 | ₹0.2 |
| Monthly cap | ₹1,50,000 | — |
06—Travel & Lounge Differences highlighted | ||
| Domestic lounge / qtr | Unlimited | Unlimited |
| Lounge spend criteria | ₹50,000 spend req. | No spend condition |
| Priority Pass | ||
| DreamFolks | ||
07—Forex & Fuel Differences highlighted | ||
| Forex markup | 2% | 1.5%Best |
| Fuel surcharge waiver | ||
08—Features Differences highlighted | ||
| Metal card | ||
| Contactless | ||
| UPI linked | ||
09—Eligibility Differences highlighted | ||
| Min age | 18 | — |
| Min income / month | ₹2,00,000 | — |
| Min CIBIL | 750 | — |
| Invite only | ||
| Rows won | 03of 08 | 05of 08 |
Quick Verdict & Key Differences
Verified MITC Data
| Key Specification | Magnus Credit Card | Axis Bank Reserve Credit Card |
|---|---|---|
| CardCheck Score | 84/100Excellent | 87/100Excellent |
| Annual Fee | ₹12,500 | ₹50,000 |
| Fee Waiver Spend | ₹25L/yr | ₹35L/yr |
| Max Reward Potential | 6% | 10% |
| Domestic Lounge Access | Unlimited | Unlimited |
| International Lounge | Priority Pass (Select) | Priority Pass (Select) |
| Forex Markup Fee | 2% | 1.5% |
Choose Magnus Credit Card if:
Your spending centers around travel & lifestyle and you want direct partner rewards with Axis Bank.
Choose Axis Bank Reserve Credit Card if:
Your spending aligns with ultra hni — unlimited lounge, concierge & highest miles earning and you prioritize Axis Bank's redemption benefits.
Frequently asked questions: Magnus Credit Card vs Axis Bank Reserve Credit Card
- Which is better: Magnus Credit Card or Axis Bank Reserve Credit Card?
- Axis Bank Reserve Credit Card holds a higher overall rating with a CardCheck Score of 87/100 (Excellent) compared to 84/100 (Excellent) for Magnus Credit Card (a lead of +3 points). Axis Bank Reserve Credit Card is classified in our Elite tier due to superior spend returns and comprehensive travel perks.
- How do annual fees and fee waiver spend rules compare?
- Magnus Credit Card charges an annual fee of ₹12,500 with an annual spend threshold of ₹25 Lakh for renewal fee waiver. In comparison, Axis Bank Reserve Credit Card charges an annual fee of ₹50,000 with an annual spend threshold of ₹35 Lakh.
- How do the reward rates and cashback compare between Magnus Credit Card and Axis Bank Reserve Credit Card?
- Magnus Credit Card offers a base reward rate of 1.2% and up to 6% on accelerated partner categories. Meanwhile, Axis Bank Reserve Credit Card offers a base rate of 1.5% and up to 10% on eligible spends. Compare net returns against your monthly spend in our Rewards Calculator.
- Which card has better airport lounge access: Magnus Credit Card or Axis Bank Reserve Credit Card?
- Magnus Credit Card provides unlimited complimentary domestic airport lounge access and complimentary Priority Pass for international lounges (requires ₹50,000 spend in the previous period to unlock). On the other hand, Axis Bank Reserve Credit Card provides unlimited complimentary domestic airport lounge access and complimentary Priority Pass for international lounges with no prior spend requirement.
- Which card is better for international foreign currency spends?
- Magnus Credit Card levies a foreign currency markup fee of 2%, while Axis Bank Reserve Credit Card charges 1.5%. Lower forex markup directly reduces costs when transacting overseas or on international e-commerce platforms.
- Is CardCheck's comparison data unbiased and verified against official bank MITC?
- Yes. All credit card fees, interest rates, lounge visit quotas, and reward calculations on CardCheck are 100% unsponsored and verified directly against each bank's official Most Important Terms & Conditions (MITC).