Spar SBI Card SELECT vs Axis Bank Magnus Credit Card

• On overall annual retail spends of Rs 300,000, avail 12,000 bonus Reward Points
• On annual spends of Rs 25,000 across all Landmark Stores, earn 2400 bonus Reward Points 
• On annual spends of Rs 75,000 across all Landmark Stores, earn 8,000 bonus Reward Points
• With Flexipay facility, convert transactions in EMIs. Just transact for Rs. 2,500 or more and log on to sbicard.com within 30 days of purchase to convert it into Flexipay
• The Easy Money facility get a cheque or draft against your cash limit and get it delivered to home

• 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
  

Pros                                                                                                                                                                                                                                                                                                                                                                                                   

• Welcome benefit of receiving 6,000 bonus reward points equivalent to Rs. 1,500 on payment of Annual Fees
• Earn 10 Reward Points on every Rs. 100 spent at Online & Retail Landmark Stores (Lifestyle, Home Centre, Max and Spar) Dining & Movies
• Get 2 Reward point per Rs. 100 spent on other retail purchases (Non-fuel)            

Cons 

• No Golf/coaching sessions
• Usage of USD 27 plus applicable taxes will be charged on Spar SBI card PRIME for all visits post the complimentary visits

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