What are the annual fees for Axis Bank Magnus Credit Card and Axis Bank Burgundy Private Credit Card?

Axis Bank Magnus Credit Card has ₹12,500 + GST. Axis Bank Burgundy Private Credit Card has ₹50,000 + GST. Fees are shown before 18% GST, which is added on the bill.

What base reward rate does each card earn?

Axis Bank Magnus Credit Card earns about 1.2% on general spends; Axis Bank Burgundy Private Credit Card earns about 3%. Category and partner rates may differ — see the table above.

What is the forex markup on each card?

Axis Bank Magnus Credit Card: 2%. Axis Bank Burgundy Private Credit Card: 0% (plus 18% GST on the markup).

Do both cards include airport lounge access?

Axis Bank Magnus Credit Card: yes — see the lounge row above for limits. Axis Bank Burgundy Private Credit Card: yes — see the lounge row above for limits.

Card Comparison

Axis Magnus vs Axis Burgundy Private

Axis Magnus vs Axis Burgundy Privatecompared side by side on fees, reward rates, caps, exclusions, and eligibility — weigh each against how you actually spend.

Axis Bank Magnus

Axis Bank

Fee₹12,500+GST

Eff. rate1.2%

CapCategory

Fee

₹12,500+GST

Eff. rate

1.2%

Cap

How they compare

Axis Magnus and Axis Burgundy Private suit different spending patterns, so the right pick depends on where and how much you spend. The key difference: 3% effective rate vs 1.2%. Use the table below to weigh fees, reward rates, caps, and exclusions against your own usage.

At a glance

Axis Magnus

Annual fee: ₹12,500 + GST
Everyday rate: 1.2%
Monthly cap: No cap

Notable strengths

No monthly reward cap

Axis Burgundy Private

Annual fee: ₹50,000 + GST
Everyday rate: 3%
Monthly cap: No cap

Notable strengths

No monthly reward cap
Low forex markup (0%)

Each card's own strengths — not a ranking. Weigh them against where you actually spend.

44 specs · 12 sections

Axis Bank Magnus

Axis Bank Burgundy Private

Feature

Axis Bank Magnus

Axis Bank Burgundy Private

Annual Fee

₹12,500

₹50,000

Joining Fee

₹12,500

₹50,000

Fee Waiver Spend

₹25,00,000

N/A

Forex Markup

Reward Type

Reward Points

Base Rate

1.2%

Effective Base Rate

1.2%

Point Value

₹0.2

₹0.4

Redemption Quality

MEDIUM

Best Redemption

₹0.4

Worst Redemption

₹0.15

Grocery / Supermarkets

1.2%

Fuel / Petrol / Diesel / CNG

0% (Excluded)

Restaurants / Dine-in

1.2%

Flights, Hotels, OTAs, Tour Operators

Other Retail / Catch-all

1.2%

Monthly Cap

Category caps apply

Est. Annual Cap

Category caps apply

Total Excluded

9 categories

5 categories

Insurance Premiums

Excluded

Earns rewards

Education / School / College Fees

Excluded

Earns rewards

Rent Payments

Excluded

Earns rewards

EMI Transactions

Excluded

Earns rewards

Domestic Visits/Year

-1

International Visits/Year

-1

Priority Pass

Yes

Est. Annual Value

₹10,230

Forex Markup

International Rate

Yes

Description

Choice of Luxe gift card, The Postcard Hotels voucher, or Yatra voucher worth ₹12,500

—

Estimated Value

₹12,500

—

Fuel Surcharge Waiver

Yes

Best Suited For

Travel, Dining, Shopping

Ultra HNI customers seeking premium travel, dining, and lifestyle benefits with high reward rates and zero forex markup

Min Income

₹2,00,000/month

Not specified

Income Proof

Required

Not required

Secured FD

Accepting Applications

Yes

Network

Visa, Mastercard

Visa

Card Tier

Super Premium

Still weighing your options?

Other popular matchups to line up against your shortlist.

Frequently asked questions

What are the annual fees for Axis Bank Magnus Credit Card and Axis Bank Burgundy Private Credit Card?: Axis Bank Magnus Credit Card has ₹12,500 + GST. Axis Bank Burgundy Private Credit Card has ₹50,000 + GST. Fees are shown before 18% GST, which is added on the bill.
What base reward rate does each card earn?: Axis Bank Magnus Credit Card earns about 1.2% on general spends; Axis Bank Burgundy Private Credit Card earns about 3%. Category and partner rates may differ — see the table above.
What is the forex markup on each card?: Axis Bank Magnus Credit Card: 2%. Axis Bank Burgundy Private Credit Card: 0% (plus 18% GST on the markup).
Do both cards include airport lounge access?: Axis Bank Magnus Credit Card: yes — see the lounge row above for limits. Axis Bank Burgundy Private Credit Card: yes — see the lounge row above for limits.

Reviewed by WhichWise Editorial Team. Each card's data is verified against the issuer's official terms.

Sources: Axis Bank - Axis Magnus · Axis Bank - Axis Burgundy Private