Citi Rewards Credit Card vs Axis Bank Magnus Credit Card
Joining Fees
₹1,000
₹12,500
Editor's Rating
4.1
4.3
Key Features
- Earn minimum 1 reward point for every 125 on all purchases
- Gain 10X reward points at online, physical department, and apparel stores
- Gain 300 bonus points on card purchase of Rs. 30,000 or more in a month
- You can either redeem your points now or keep collecting them – it's a choice you have because they will never expire
- Instant Loans
- 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
Editor's Review
Pros
- Get rewarded every time you shop
- Redeem Miles instantly via SMS against purchases at leading brands
- Turn big purchases into small payments
Cons
- No Golf/coaching sessions
- No complimentary Airport Lounge access
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
