Priority Pass
Axis Bank
Magnus for Burgundy
The Axis Magnus for Burgundy Credit Card is an elite, invite-only credit card designed exclusively for Axis Bank's Burgundy tier clients. Charging an annual fee of Rs.
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Data last updated 7 June 2026.
At a Glance
Annual Fee
₹30,000
Joining Fee
₹30,000
Fee Waiver
Spend ₹30,00,000 annually
Lounge Access
Unlimited lounge access
Forex Markup
2%
Effective Yield
2.4% – 24%
Our Take
CreditGully Rating
Based on CreditGully editors' analysis. Not influenced by card issuers.
The Axis Magnus for Burgundy Credit Card is an elite, invite-only credit card designed exclusively for Axis Bank's Burgundy tier clients. Charging an annual fee of Rs. 30,000, this card acts as an enhanced, premium counterpart to the standard Axis Magnus card. It is meticulously crafted to reward high spenders and frequent flyers with outstanding value-back rates, retaining several luxury travel privileges that have been stripped from other market alternatives due to industry devaluations.
This card stands out primarily on the travel front, offering cardholders up to 5X rewards on Travel EDGE portal purchases and a highly competitive 5:4 points-to-miles redemption ratio with over 20 airline and hotel partners. It also packs highly robust travel privileges, such as unlimited domestic and international lounge visits with guest access, complimentary airport meet-and-greet services, and a low foreign transaction markup of just 2%.
The ideal cardholder is an active Axis Burgundy customer who has substantial annual spending power—specifically targeting the Rs. 30 Lakh threshold to unlock the annual fee waiver. If you travel frequently and can strategically convert accumulated reward points into major airline miles or hotel partner programs, this card offers one of the highest premium value propositions available.
What We Like
We love the exceptional reward structures that provide up to 24% value-back on travel bookings and 14% on non-travel spends when redeeming through partners. Additionally, maintaining luxury perks like airport meet-and-greet services and guest lounge access makes it highly rewarding for frequent group travelers.
Pros
- ✓Unlimited complimentary lounge access worldwide
- ✓Reward redemption against partner airlines and hotel loyalty points at a 5:4 ratio
- ✓Complimentary airport meet and greet services every year
- ✓Up to 5X reward points on travel spends
Cons
- ✗High spending milestone of Rs. 30 Lakh for annual fee waiver
- ✗Capping on reward points redemption for airmiles and hotel loyalty points
- ✗Limited welcome benefits of Rs. 5,000, especially considering the Rs. 30,000 joining fee
Get This Card If
- ✓You are currently an Axis Burgundy client and maintain that relationship with the bank
- ✓You frequently travel and can maximize benefits by redeeming rewards for airmiles or hotel loyalty points
- ✓You are a high spender and can earn substantial reward points each month
- ✓You can reach the annual spending milestone of Rs. 30 Lakh to qualify for the annual fee waiver
Earning & Redemption
How You Earn
| Category | Reward rate | Yield % | Cap |
|---|---|---|---|
| Travel EDGE Portal (Accelerated) | 60 Reward Points (RP) per ₹200 | 24.00% (Miles Value) | Capped at ₹2 Lakhs spend per month |
| Incremental Monthly Spends (>₹1.5L) | 35 RP per ₹200 | 14.00% | Applied up to credit limit + ₹1.5L per month |
| Base Retail Spends | 12 RP per ₹200 | 4.80% | No Upper Cap |
| Excluded Categories (2026 Update) | No Points Earned | 0.0% | — |
Milestone Rewards
| Spend | Benefit | Value | Summary |
|---|---|---|---|
| ₹30 Lakh | Fee Waiver | ₹30,000 + GST Savings | Annual renewal fee is waived upon hitting ₹30 Lakhs annual retail spend. |
Redemption Value
| Channel | Value per point | Verdict |
|---|---|---|
| Airline Partners (Standard) | ₹0.80 - ₹1.20 per RP5:4 Ratio | Best Value (Partners: Singapore Air, Air India, ITC, Flying Blue) |
| Group A Partners (Capped) | ₹0.80 per RP5:4 Ratio | Restricted (Partners like Aeroplan and Etihad Guest capped at 2L miles/year) |
| BA / Finnair / Lotusmiles | ₹0.40 per RP5:2 Ratio | POOR Value (New 2026 ratio reduces value by 50% for these partners) |
What You Need to Know
The 2026 Partner Exit
Accor (ALL), Marriott Bonvoy, and Qatar Airways were REMOVED on April 2, 2026.
Impact: The card's biggest USP (hotel transfers) is dead. Focus must shift to ITC or Air Miles.
Transfer Capping (10 Lakh)
Total annual transfer capped at 10L points (2L to Group A, 8L to Group B).
Impact: High spenders (>₹1.5L/month) will hit this cap easily and have 'trapped' points.
Lounge Spend Gate
Domestic lounge access requires ₹50k spend in the previous 3 months.
Impact: Unlike the Burgundy Private variant, Magnus Burgundy is no longer 'purely unlimited'.
Threshold Calculation
Excluded categories (Insurance/Utilities) do NOT count toward the ₹1.5L AEP threshold.
Impact: Makes hitting the accelerated 35 RP/₹200 rate much harder for utility-heavy households.
Essential Fine Print
Reward Exclusions
Excluded Categories (No Points): Fuel, Wallet loads, Insurance, Utilities, Government payments, Rent, and Education payments.
Welcome Offer
Welcome Voucher
Choice of a voucher worth ₹5,000 from Luxe, Yatra, or Postcard Hotels upon payment of the joining fee.
Lounge Access
Priority PassInternational Lounge Access
Unlimited complimentary international lounge visits via Priority Pass, including 4 complimentary guest visits per year.
Domestic Lounge Access
Unlimited complimentary domestic lounge access. (Note: unlimited domestic airport lounge access will be based on minimum spends of ₹50,000 in the previous 3 months. In the case of a newly issued card, the minimum spend criteria is waived off for the month of issuance as well as for the following 3 months)
Travel Benefits
Superior Transfer Ratio
Preferential 5:4 conversion ratio for EDGE Reward Points to partner Air Miles and Hotel points for Burgundy customers.
VIP Airport Meet & Greet
4 complimentary Airport Meet & Assist services
Superior Earning Rate
Earn 60 EDGE Reward Points for every ₹200 spent on Travel Edge portal, up to cumulative transactions of ₹2,00,000 per month. Earn 35 EDGE Reward Points per *200 spent above cumulative transactions of ₹2,00,000 per month.
Dining Benefits
EazyDiner Prime
Complimentary EazyDiner Prime membership providing up to 30% discount at 4,000+ restaurants.
Milestone Benefits
Annual Fee Waiver
Renewal fee is waived upon achieving a cumulative spend of ₹30 Lakhs in the preceding card anniversary year.
Fees & Charges
| Fee Type | Amount / Details |
|---|---|
| Joining Fee | ₹30,000 |
| Annual / Renewal Fee | ₹30,000 |
| Fee Waiver Threshold | Spend ₹30,00,000 annually |
| Forex Markup | 2% |
| Fuel Surcharge Waiver | 1% surcharge |
Eligibility Criteria
Burgundy Relationship
Requires maintaining an active Burgundy relationship with Axis Bank, subject to Total Relationship Value (TRV) or salary credit requirements.
Age Requirement
The primary cardholder must be aged between 18 and 70 years.
Ready to apply for Magnus for Burgundy?
Annual fee: ₹30,000 · Waived on ₹30,00,000 spend
Frequently Asked Questions
Annual fee
₹30,000
2.4% – 24% yield