What are the annual fees for HDFC Bank Diners Club Black Metal Edition Credit Card and Axis Bank Magnus Credit Card?

HDFC Bank Diners Club Black Metal Edition Credit Card has ₹10,000 + GST. Axis Bank Magnus Credit Card has ₹12,500 + GST. Fees are shown before 18% GST, which is added on the bill.

What base reward rate does each card earn?

HDFC Bank Diners Club Black Metal Edition Credit Card earns about 1.665% on general spends; Axis Bank Magnus Credit Card earns about 1.2%. Category and partner rates may differ — see the table above.

What is the forex markup on each card?

HDFC Bank Diners Club Black Metal Edition Credit Card: 2%. Axis Bank Magnus Credit Card: 2% (plus 18% GST on the markup).

Do both cards include airport lounge access?

HDFC Bank Diners Club Black Metal Edition Credit Card: yes — see the lounge row above for limits. Axis Bank Magnus Credit Card: yes — see the lounge row above for limits.

Card Comparison

HDFC Diners Club Black Metal Edition vs Axis Magnus

HDFC Diners Club Black Metal Edition vs Axis Magnuscompared side by side on fees, reward rates, caps, exclusions, and eligibility — weigh each against how you actually spend.

HDFC Bank Diners Club Black Metal Edition

HDFC Bank

Fee₹10,000+GST

Eff. rate1.67%

Cap₹75,000

Fee

₹10,000+GST

Eff. rate

1.67%

Cap

₹75,000

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

HDFC Diners Club Black Metal Edition and Axis Magnus suit different spending patterns, so the right pick depends on where and how much you spend. The key difference: 1.665% vs 1.2% effective rate. Use the table below to weigh fees, reward rates, caps, and exclusions against your own usage.

At a glance

HDFC Diners Club Black Metal Edition

Annual fee: ₹10,000 + GST
Everyday rate: 1.7%
Monthly cap: ₹75,000/mo

Notable strengths

Flat rewards on every spend

Axis Magnus

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

Notable strengths

No monthly reward cap

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

43 specs · 12 sections

HDFC Bank Diners Club Black Metal Edition

Axis Bank Magnus

Feature

HDFC Bank Diners Club Black Metal Edition

Axis Bank Magnus

Annual Fee

₹10,000

₹12,500

Joining Fee

₹10,000

₹12,500

Fee Waiver Spend

₹8,00,000

₹25,00,000

Forex Markup

Reward Type

Reward Points

Base Rate

1.67%

1.2%

Effective Base Rate

1.67%

1.2%

Point Value

₹0.5

₹0.2

Redemption Quality

HIGH

MEDIUM

Best Redemption

₹1

₹0.4

Worst Redemption

₹0.3

₹0.15

Grocery / Supermarkets

1.67%

1.2%

Fuel / Petrol / Diesel / CNG

0% (Excluded)

Restaurants / Dine-in

1.67%

1.2%

Flights, Hotels, OTAs, Tour Operators

1.67%

Other Retail / Catch-all

1.67%

1.2%

Monthly Cap

₹75,000

Category caps apply

Est. Annual Cap

₹9,00,000

Category caps apply

Total Excluded

6 categories

9 categories

Gold / Jewellery

Earns rewards

Excluded

Electricity, Water, Gas, Internet, DTH, Mobile Recharge

Earns rewards

Excluded

Insurance Premiums

Earns rewards

Excluded

Domestic Visits/Year

-1

International Visits/Year

-1

Priority Pass

Yes

Est. Annual Value

₹10,230

Forex Markup

International Rate

Yes

Description

Complimentary annual memberships of Club Marriott, Amazon Prime and Swiggy One on achieving net retail spends of ₹1,50,000 within 90 days of card issuance (per MITC, all three are annual memberships).

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

Estimated Value

₹7,600

₹12,500

Fuel Surcharge Waiver

Yes

Best Suited For

Travel, Dining, Shopping

Min Income

₹2,50,000/month

₹2,00,000/month

Income Proof

Required

Secured FD

Accepting Applications

Yes

Network

Diners Club

Visa, Mastercard

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 HDFC Bank Diners Club Black Metal Edition Credit Card and Axis Bank Magnus Credit Card?: HDFC Bank Diners Club Black Metal Edition Credit Card has ₹10,000 + GST. Axis Bank Magnus Credit Card has ₹12,500 + GST. Fees are shown before 18% GST, which is added on the bill.
What base reward rate does each card earn?: HDFC Bank Diners Club Black Metal Edition Credit Card earns about 1.665% on general spends; Axis Bank Magnus Credit Card earns about 1.2%. Category and partner rates may differ — see the table above.
What is the forex markup on each card?: HDFC Bank Diners Club Black Metal Edition Credit Card: 2%. Axis Bank Magnus Credit Card: 2% (plus 18% GST on the markup).
Do both cards include airport lounge access?: HDFC Bank Diners Club Black Metal Edition Credit Card: yes — see the lounge row above for limits. Axis Bank Magnus 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: HDFC Bank - HDFC Diners Club Black Metal Edition · Axis Bank - Axis Magnus