Axis Bank Magnus Credit Card

Q: Are there any insurance benefits associated with the Axis Bank Magnus Credit Card?

Some premium credit cards , including the Axis Bank Magnus Credit Card, may offer insurance benefits such as travel insurance, purchase protection, and more. Review the card’s terms and conditions or contact Axis Bank for detailed information on insurance coverage.

Welcome to the world of luxury and exclusivity with the Axis Magnus Credit Card. Designed to cater to your discerning tastes and elevate your lifestyle, this credit card opens the door to a realm of unparalleled privileges and benefits. Whether you seek exceptional rewards, personalized services, or a seamless financial experience, the Axis Bank Magnus Credit Card is your key to a world where your aspirations are not just met, but exceeded.

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Key Highlights of Axis Magnus Credit Card

Features	Details
Best for	Air travel and hotel stays
Joining fee	Rs. 10,000 + Taxes
Annual fee	Rs 10,000 + taxes; Annual fee is waived off on spending Rs. 15 Lakhs in the preceding year.
Annual benefits	1 complimentary economy class flight ticket for any domestic location or a Tata CLiQ voucher of Rs. 10,000
Lounge access	Unlimited international & domestic airport lounge visits
Required eligible age	18 to 70 years
Required net income	Rs. 18 Lakhs per annum

Features and Benefits of Axis Bank Magnus Credit Card

Travel & Stay:

- Choose either a complimentary domestic flight ticket or a Rs. 10,000 Tata CLiQ voucher as your annual benefit.
- Enjoy 8 free VIP services at the airport.
- Get unlimited access to international lounges and 8 guest visits per year with the Priority Pass card.
- Enjoy unlimited visits to select airport lounges in India.

Lifestyle & Entertainment:

- Get up to Rs. 500 off on the second movie/non-movie ticket when you buy one on BookMyShow.
- Avail up to 40% discount at over 4000 restaurants across India.
- Experience curated extraordinary weekends from around the world.

Health & Wellness:

- Access virtual health assistance, tele-consultation, health coaching, home quarantine programs, and personalized oncology care with the Medical Concierge Program.
- Get expert medical opinions from leading specialists through the Second Medical Opinion service.
- Benefit from special preventive healthcare packages and privileges with SRL Diagnostics, Dr. Lal PathLab, and Metropolis.
- Receive global travel and medical assistance, including information on inoculations, visa requirements, legal and medical service referrals, and emergency evacuations.

More Benefits:

- Annual fee of Rs. 10,000 + Taxes waived off on spending Rs. 15 lakhs in the preceding year.
- Lowered interest rate of 3% on extended credit.
- Reduced mark-up fee of 2% on foreign transactions.
- No cash withdrawal fees.
- 1% fuel surcharge waiver for transactions between Rs. 400 to Rs. 4,000.

Rewards Program:

- Earn 25,000 EDGE REWARDS Points worth Rs. 5,000 on monthly spends of Rs. 1 lakh.
- Get 5X EDGE REWARDS on travel spends via TRAVEL EDGE.
- Earn 12 Axis EDGE REWARDS Points on every Rs. 200 you spend.

Axis Magnus Credit Card Fees and Charges

Joining Fee: Rs. 10,000 + GST
Renewal Fee: Rs. 10,000 plus taxes
Spend based Waiver: Annual fee waived off on spending Rs. 15 lakhs in the preceding year.
Rewards Redemption Fee: No charge.
Foreign Currency Markup: 2% + GST
Interest Rates: 3.0% per month (42.58% annually)
Fuel Surcharge: 1% fuel surcharge waived off at all fuel stations across India.
Cash Advance Charge: No charge.
Add-on Card Fee: No charge.

Axis Magnus Credit Card Eligibility

Primary cardholder must be between 18 and 70 years old.
Add-on cardholder should be over 18 years old.
Salary should be Rs. 18 lakhs per year or an annual income tax return filed for Rs. 18 lakhs.
The applicant should be a resident of India.

Documents Required for Axis Bank Magnus Credit Card

To apply for the credit card, you will need the following documents:

A photocopy of your PAN card or Form 60.
Proof of income, which can be your latest payslip, Form 16, or IT return copy.
Residence proof, which can be any of the following:

Passport
Driving license
Electricity bill
Landline telephone bill

How to apply for Axis Magnus Credit Card?

To apply for the Axis Bank Magnus Credit Card, you have two options:

Online Application:

1. Visit the official website of Axis Bank.
2. Fill out the online application form.
3. Attach all the required documents.
4. Submit the application online.

Offline Application:

1. Visit any nearby Axis Bank branch.
2. Fill out the offline application form provided by the bank.
3. Submit the filled application form along with all the necessary documents to the bank officials.
4. Choose the method that suits you best, and you can apply for the Axis Magnus Credit Card easily.

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Frequently Asked Questions (FAQs) -

What is the Axis Bank Magnus Credit Card?

The Axis Bank Magnus Credit Card is a premium credit card offering a host of exclusive benefits and privileges across various categories such as travel, lifestyle, dining, and more. It is designed for high-net-worth individuals who seek a superior credit card experience.

How can I apply for the Axis Bank Magnus Credit Card?

You can apply for the Axis Bank Magnus Credit Card online through the official Axis Bank website or by visiting a nearby Axis Bank branch. Ensure you meet the eligibility criteria and provide the necessary documentation for a smooth application process.

What are the eligibility criteria for the Axis Bank Magnus Credit Card?

The eligibility criteria may vary, but generally, applicants should have a high income, a good credit score, and should meet other specified criteria set by Axis Bank. It’s advisable to check with the bank for the most accurate and up-to-date information.

What are the key features of the Axis Bank Magnus Credit Card?

The Axis Bank Magnus Credit Card offers a range of features, including complimentary airport lounge access, exclusive travel benefits, rewards on spending, lifestyle privileges, and concierge services. Refer to the card’s terms and conditions for a comprehensive list of features.

Is there an annual fee for the Axis Bank Magnus Credit Card?

Yes, the Axis Bank Magnus Credit Card typically comes with an annual fee. The specific amount may vary, and there could be additional charges for supplementary cards. Check the latest fee structure from Axis Bank or refer to the card’s documentation for accurate information.

How can I redeem the rewards earned on my Axis Bank Magnus Credit Card?

Axis Bank provides a user-friendly online platform for redeeming reward points earned on your Magnus Credit Card. You can choose from a variety of options, including travel bookings, merchandise, gift vouchers, and more. The redemption process is typically outlined in the card’s rewards program guidelines.

What is the credit limit on the Axis Bank Magnus Credit Card?

The credit limit is determined based on various factors such as your income, credit history, and other financial aspects. Upon approval, Axis Bank will communicate your credit limit, and you can also contact the bank for any credit limit-related queries.

How can I contact Axis Bank for queries related to my Magnus Credit Card?

Axis Bank provides customer support through various channels, including phone, email, and in-person at branches. You can find the specific contact details for Axis Bank credit card customer care here or refer to the contact information provided with your credit card documentation.

Are there any insurance benefits associated with the Axis Bank Magnus Credit Card?

Some premium credit cards, including the Axis Bank Magnus Credit Card, may offer insurance benefits such as travel insurance, purchase protection, and more. Review the card’s terms and conditions or contact Axis Bank for detailed information on insurance coverage.

Can I track my Axis Bank Magnus Credit Card transactions online?

Yes, Axis Bank typically provides online banking services that allow you to track your credit card transactions, check statements, and manage your account. You can log in to the Axis Bank internet banking portal or use the Axis Mobile App for convenient access to your credit card information.