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
Purchase one movie ticket and get a 100% discount on the second movie ticket at Paytm Movies. The maximum discount one can get in a calendar month is Rs. 200
Avail SonyLiv Premium annual subscription worth Rs. 999 on the first spend within first 30 days of card issuance
Get flat Rs. 120 off on food delivery at Swiggy
1 complimentary access to select airport lounges within India per Calendar quarter
Earn 4 EDGE REWARD points with every Rs. 200spent on the credit card
1% fuel surcharge waiver on all fuel transactions in India. Refunded for fuel transactions between Rs. 400 to Rs. 4,000. Maximum benefits up to Rs. 400 per month
On any transaction over Rs. 2,500, convert these purchases to EMI
Indulge in delectable cuisines up to 15% off at partnered restaurants in India
Avail up to Rs. 1000 off at AJIO, on minimum spends of Rs. 2999
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 up to Rs. 1000 off at AJIO, on minimum spends of Rs. 2999
1 Complimentary airport lounge access
Avail SonyLiv Premium annual subscription worth Rs. 999 on the first spend within first 30 days of card issuance
Cons
* No golf/coaching sessions
* High interest rate
More comparisions with Axis Bank Magnus Credit Card