Axis Bank Magnus Credit Card vs Tata Neu Infinity HDFC Bank Credit Card
Joining Fees
₹12,500
₹1,499
Editor's Rating
4.3
4
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
- In a year, spend Rs. 3,00,000 or more before the Credit Card renewal date and get the renewal fee waived off
- 5% back as NeuCoins on Non-EMI Spends on Tata Neu and partner Tata Brands
- 1.5% back as NeuCoins on Non-Tata Brand Spends and any Merchant EMI Spends
- 1.5% back as NeuCoins on UPI spends (including spends on partner Tata Brands) - maximum of 500 NeuCoins per calendar month
- Earn additional 5% back as NeuCoins on selected categories on Tata Neu App/Website, post downloading Tata Neu App and registering for Tata NeuPass
- Reward points gained on Grocery transactions will be capped to 2,000 per month
- Zero lost card liability
- Foreign Currency Markup: 2% on all your foreign currency spends
- Domestic Lounge Access – VISA / RuPay Card: 8 Complimentary Domestic Lounge Access per calendar year (2 in a quarter). Rs. 2 (VISA / RuPay) will be charged to the Credit Card for the Lounge Access
- International Lounge Access – VISA Card: By using Priority Pass avail up to 4 Complimentary International Lounge Access per calendar year (1 per Quarter). If exceed the 4 Complimentary (1 per Quarter) visits, you will be charged at US $27 + GST per visit
- International Lounge Access - RuPay: 4 Complimentary International Lounge Access per calendar year (1 per Quarter)
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
- Accidental air death cover worth Rs. 1 Crore
- Emergency overseas hospitalization: Up to Rs. 15 lakhs
- Lost Card Liability Cover : Up to Rs. 9 lakhs
- Use the NeuCoins for purchases on Tata Neu /Website for Brands like: AirAsia India, Bigbasket, Croma Westside, Tata CLiQ, Tata CLiQ Luxury, Hotel Bookings/Purchases on IHCL, TATA 1MG, Qmin, and Titan and Tanishq (only via Tata Neu)
Cons
- No golf benefits
- Tata Neu coins are valid only for 1 year and can be used only in the Tata Neu app or paying thru the Neu app
