Axis Bank had launched the Axis Magnus credit card sometime in 2019 and it remained a mediocre card back then. However, recent changes that Axis has done with the Magnus credit card’s benefits and simultaneous devaluation of the HDFC Infinia and DCB has made Axis Magnus a very good card to hold. In this article, I will list down my views on the Axis Magnus credit card and a comparison with HDFC Infinia and DCB, to see if Magnus is really better than Infinia/DCB.

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My views on Axis Magnus credit card

The Axis Magnus credit card has been in existence since 2019. However, given the low reward rate of 1.2%, high annual fee (10K) and very high fee waiver threshold (15Lakhs) the card remained very mediocre. However, Axis Bank has made some changes in the reward program making the card quite interesting. The changes are

Monthly Milestone Benefits: 25,000 RPs worth INR5,000 on monthly spending of INR1Lakh (i.e. 5% reward rate). This one change alone increases the reward rate on the card from 1.2% to 6.2%. Only wallet spends are excluded in the calculations.

Accelerated Reward Rate: 5x reward points (i.e. 60 RPs) on every INR200 spent on travel spending via Travel Edge (6% reward rate). Thru its Travel Edge portal, travel bookings will earn a 6% reward rate

International lounge access: Unlimited international lounge access via Priority Pass for the primary cardholder.

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