Axis Bank Magnus Credit Card vs Axis Bank Neo Credit Card

Joining Fees

₹12,500

₹250

Editor's Rating

4.3

3.8

Key Features

  • Avail 8 complimentary end-to-end meet and greet services at the airport (This has been discontinued w.e.f 20 April’24)
  • Get unlimited complimentary international airport lounge visits and 8 additional guests visits per year with Priority Pass Card (Guest visits have been revised to 4 per year w.e.f 20 April’24)
  • Get unlimited domestic airport lounge visits to selected lounges
  • Enjoy up to 15% off on International and Domestic Oberoi and Trident Hotels
  • Buy one ticket and get up to Rs. 500 off on the second ticket on BOOKMYSHOW (This has been discontinued w.e.f 20 April’ 24)
  • Avail up to 40% discount at over 4000 restaurants in India
  • Avail purchase protection, lost card liability programs, and more: Counterfeit/lost card liability up to credit limit; Purchase protection of up to Rs. 2 Lakhs; Loss/Delay in baggage and Personal Documents cover up to 500 USD; Credit shield of Rs. 5 Lakhs
  • The Annual fee of Rs. 12,500 + Taxes will be waived off on spending Rs. 25 Lakhs in the proceeding year
  • Get fuel surcharge waiver of 1% for transactions between Rs. 400 to Rs. 4000
  • Avail 12 EDGE REWARD points per Rs. 200 on spends up to Rs. 1.50 Lakhs and 35 EDGE REWARD points per Rs. 200 on incremental spends above Rs. 1.50 lakhs in a calendar month
  • Get 5X Reward points on spends via Travel eDGE
  • Get 2 partner miles for every 5 edge Reward points across 20 travel partners. Do note that customers holding the new Magus Credit Card for Burgundy will get up to 4 partner miles for every 5 eDGE Reward points across 20 travel partners
  • Avail 40% off on food delivery at Zomato. This discount can be availed up to twice a month and is applicable on minimum spends of Rs. 200
  • 5% off on utility bill payments via Amazon Pay. This discount can be availed once per month
  • 10% off on Blinkit- Up to Rs. 250 off on min spends of Rs. 750, valid once per month
  • Extra Rs. 150 off on Myntra on minimum purchase value of Rs. 999
  • 10% off on every purchase of movie ticket on BookMyShow
  • Indulge in delightful cuisine with Axis Bank Dining Delights as it offers up to 15% off, up to Rs. 500, at partnered restaurants across India. This is valid twice per card per month for max benefits up to Rs. 1000
  • Stay protected with Zero Lost Card Liability   
  • Get EDGE REWARDS points for transactions and use these points to redeem 500+ rewards and offers
  • Avail 1 point on every Rs. 200 spent
  • Fuel transaction surcharge - 1% of transaction amount
  • On any transaction over Rs. 2,500, contact the Bank to convert a big credit card purchase into EMIs
  • Fuel Transaction Surcharge- 1% of transaction amount
  • Surcharge on purchase or cancellation of Railway Tickets- As prescribed by IRCTC/Indian Railways

Editor's Review

Pros

  • Annual fee of Rs. 12,500 + Taxes waived off on spending Rs. 25 Lakhs in the proceeding year
  • Reduced mark-up fee of 2% on foreign transactions
  • No cash withdrawal fees

 

Cons

  • No Golf/coaching sessions
  • Joining and annual fees on higher side

Pros

  • Avail 40% off on food delivery at Zomato. This discount can be availed up to twice a month and is applicable on minimum spends of Rs. 200
  • 5% off on utility bill payments via Amazon Pay. This discount can be availed once per month
  • 10% off on Blinkit- Up to Rs. 250 off on min spends of Rs. 750, valid once per month

Cons

  • No Travel Benefits
  • No Golf/coaching sessions


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