When it comes to luxury and elite perks, very few credit cards have stirred as much buzz in India as the Axis Bank Magnus Credit Card. With its powerful rewards program, generous travel perks, metal build, and access to over 20+ airline and hotel transfer partners, Magnus has become a top pick for high-income earners looking to maximize lifestyle value. But before you get dazzled by its glam benefits, let’s check Axis Magnus Credit Card Eligibility.
In this guide, we break down the exact eligibility requirements, documentation, Axis Magnus benefits and tips to maximize approval chances, followed by a detailed analysis of all benefits. Whether you’re planning to apply or just comparing premium cards, this post is your ultimate cheat sheet.
- Axis Magnus Credit Card Eligibility Criteria (2025)
- Required Documents to Apply
- Axis Bank Magnus Credit Card Features
- Axis Magnus Credit Card Benefits (2025 Updated)
- 🛠️ How to Apply for Axis Bank Magnus Credit Card
- Tips to Boost Approval Chances
- Who Should Apply for Magnus Credit Card?
- 📊 Eligibility vs Other Premium Cards
- Real-Life Scenarios: Is Magnus Right for You?
- Frequently Asked Questions (FAQs)
- Conclusion: Should You Go for It?
Axis Magnus Credit Card Eligibility Criteria (2025)
To maintain its premium positioning, Axis Bank has kept the eligibility criteria high but not unreachable. Here’s what you need:
✅ Income Requirement
- Minimum Annual Income: ₹24 Lakhs (Salaried or Self-Employed)
- Alternate Route: Filing ITR showing ₹24L+ annual income
💡 Some platforms mention ₹18L income, but Axis Bank has standardized the requirement to ₹24L for new applicants as of April 2025.
✅ Age Requirement
- Primary Cardholder: 18 to 70 years
- Add-on Cardholders: 18 years and above
✅ Residency
- Must be a resident Indian
✅ Credit Profile
- CIBIL Score: 750+ recommended
- Credit Card History: Axis prefers applicants with a clean repayment record and an existing card limit above ₹3L
✅ Employment Type
- Salaried or Self-Employed individuals
- Business owners can also apply with relevant financial documentation
👉 Check your Axis Magnus Credit Card Eligibility
Required Documents to Apply
Here’s what you need to keep handy before applying:
1. Identity Proof (any one)
- PAN Card (mandatory)
- Passport
- Aadhaar Card
2. Address Proof (any one)
- Driving License
- Electricity Bill
- Passport
- Voter ID
3. Income Proof
- Latest 3 months salary slips (salaried)
- Form 16 or ITR (last 2 years)
- Business owners: Latest audited ITR, profit & loss statements
4. Existing Credit Card Statement (Optional but helps)
- If applying via a credit card comparison platform, attaching a high-limit existing credit card statement can improve approval chances.
Axis Bank Magnus Credit Card Features
| Feature | Details |
| Joining Fee | ₹12,500 + GST (waived via vouchers) |
| Annual Fee | ₹12,500 + GST (waived on ₹25L annual spend) |
| Lounge Access | Unlimited domestic & international |
| Rewards | 12 to 60 EDGE points per ₹200 spent |
| Air Miles Transfer | 5:2 ratio to 20+ airline/hotel partners |
| Forex Markup | 2% (low for premium cards) |
| Fuel Surcharge Waiver | Up to ₹400/month |
| Dining Discounts | Up to 30% via Dining Delights & EazyDiner |
| Insurance | Purchase protection, credit shield, air accident |
👉 Check your Axis Magnus Credit Card Eligibility
Axis Magnus Credit Card Benefits (2025 Updated)
Once you qualify, here’s everything you get:
🎁 Welcome Bonus
- Get a ₹12,500 gift voucher (Luxe, Postcard Hotels, or Yatra)
- Triggered after first transaction within 30 days
🛍️ Rewards Program
- 12 EDGE Points per ₹200 spent (up to ₹1.5L/month)
- 35 EDGE Points per ₹200 on spends above ₹1.5L/month
- 60 EDGE Points per ₹200 spent on Travel EDGE portal (up to ₹2L/month)
🔁 Redemption Options: Transfer to 20+ travel partners, including Singapore Airlines, Marriott Bonvoy, Etihad, Air India (Ratio 5:2). 1 EDGE Point = ₹0.20 for vouchers.
🌍 Lounge Access
- Unlimited domestic lounge visits (after ₹50K spend in prior 3 months)
- Unlimited international lounge visits + 4 guest visits/year via Priority Pass
🍽️ Dining & Entertainment
- Up to 30% off via EazyDiner
- 20% to 40% discounts at 4,000+ restaurants
🛏️ Travel & Lifestyle
- 15% off at Oberoi & Trident Hotels
- Complimentary 3rd-night stay offer
- Airport concierge service (4/year)
- Travel insurance, lost baggage cover (USD 500), and medical concierge access
⛽ Fuel & Forex Perks
- 1% fuel surcharge waiver (valid between ₹400 – ₹4,000 per transaction)
- 2% foreign currency markup (lower than most premium cards)
- No cash withdrawal fees (interest applies)
🛡️ Insurance Coverage
- Credit Shield: ₹5 lakh
- Purchase Protection: ₹2 lakh
Also Check out > HDFC Credit Card Insta Loan (2025 Guide): Instant Cash, Zero Hassle
🛠️ How to Apply for Axis Bank Magnus Credit Card
1. Online (Axis Bank Website)
- Visit Axis Bank Credit Cards
- Choose “Magnus Credit Card”
- Click on Apply Now
- Fill your details: name, income, PAN, city, etc.
- Submit for review
2. Offline (Branch Visit)
- Visit the nearest Axis Bank branch
- Carry original documents and photocopies
- Fill up the application form
- Submit and await verification call
Tips to Boost Approval Chances
Want to increase your odds of approval? Try these strategies:
- Apply via invitation: If you’re a Burgundy or Priority customer, your odds are higher.
- Show stable income: Salaried applicants from reputed MNCs get preference.
- Maintain a clean CIBIL score: Pay all dues, maintain low credit utilization.
- Existing Axis Cardholders: If you hold a Flipkart Axis, Privilege, or Select card, upgrading to Magnus is easier.
- Use aggregator platforms: Sites like Paisabazaar or BankBazaar often give pre-approved offers based on your credit profile.
Who Should Apply for Magnus Credit Card?
“Not for everyone, but perfect for some.”
Here’s who should consider applying:
Ideal For:
- High-income salaried professionals (₹2L+/month)
- Business owners with ₹2L+ monthly net income
- Frequent international travelers
- Users looking for unlimited lounge access and air mile conversions
- People spending ₹1.5L–₹3L/month across categories like travel, dining, fashion, gadgets, etc.
Not Recommended For:
- First-time credit card users
- People with income below ₹24L p.a.
- If most of your spend is on excluded categories (rent, utilities, wallet, insurance, etc.)
📊 Eligibility vs Other Premium Cards
| Card | Min. Salary | Joining Fee | Lounge Access | Forex Markup |
| Axis Magnus | ₹24 LPA | ₹12,500 + GST | Unlimited Intl + Dom | 2% |
| HDFC Infinia | By Invite Only | ₹12,500 + GST | Unlimited Intl + Dom | 2% |
| HDFC Diners Club Black | ₹21 LPA (Self) | ₹10,000 + GST | Unlimited Dom + Intl | 2% |
| ICICI Emeralde | ₹25 LPA | ₹12,000 + GST | Unlimited Intl + Dom | 3.5% |
👉 Check your Axis Magnus Credit Card Eligibility
Real-Life Scenarios: Is Magnus Right for You?
1. Frequent Flyer: You take 8–10 international trips a year and spend ₹3L+ monthly. Magnus gives you free access to lounges globally, 5:2 air mile conversion, and concierge services.
2. Business Owner: You pay ₹2L+ per month on vendors, office expenses, and client entertainment. Magnus gives you unmatched return on spending via accelerated EDGE points.
3. High-Spend Salaried Pro: You work in consulting or tech with a monthly salary over ₹2L. Magnus offers luxe perks, insurance, EMI flexibility, and status benefits.
Also Check Out > Top 0 APR Credit Cards for Interest-Free Borrowing in 2025
Frequently Asked Questions (FAQs)
Who is eligible for Axis Magnus Credit Card?
Anyone between 18–70 years with an annual income of ₹24 lakhs or more, and who is an Indian resident.
What is the credit limit on Axis Magnus?
There is no fixed limit. It’s assigned based on your income, credit profile, and repayment history. Users report limits from ₹3L to ₹50L+.
Can self-employed people apply?
Yes. You need to submit ITR showing income ≥ ₹24L annually.
Does Axis Magnus support lounge access for add-on cards?
Yes, unlimited domestic and international lounge access for both primary and add-on cardholders (subject to usage conditions).
Is Axis Magnus a metal card?
Yes, it’s a premium metal credit card on the Visa Infinite platform.
What is the annual fee waiver condition?
Spend ₹25 lakhs or more in a card anniversary year to get the ₹12,500 renewal fee waived.
What is the minimum salary required for the Axis Magnus Credit Card?
You need an annual income of ₹24 Lakhs or more, either as salary or declared via ITR.
Can I apply if I don’t have an existing Axis Bank relationship?
Yes. However, existing customers, especially Burgundy, have higher approval rates.
Is Axis Magnus a metal card?
Yes, it comes in a premium metal form factor that screams luxury.
Does Magnus offer airport lounge access?
Yes, unlimited international lounge access via Priority Pass (with 4 free guest visits), and unlimited domestic lounge access (with ₹50K spend in previous 3 months).
Will I earn rewards on rent, utility bills, or insurance?
No. These categories are excluded from reward calculations.
How do I redeem reward points?
- Log in to Axis Bank EDGE Rewards portal
- Choose from 20+ air miles or hotel loyalty partners
- Or redeem for vouchers, gadgets, etc.
How long are reward points valid?
Points are valid for 3 years from the date of earning.
Conclusion: Should You Go for It?
The Axis Bank Magnus Credit Card is a lifestyle powerhouse. If you meet the ₹24 lakh income requirement and can leverage benefits like air mile transfer, premium lounge access, EazyDiner discounts, and travel concierge, this card delivers more value than its annual fee.
While it does have exclusions on certain categories and requires high monthly spend to maximize ROI, Magnus is built for users who want to convert their spending into tangible luxury experiences.
✅ Apply now if you:
- Spend ₹1.5L+/month
- Travel frequently (especially internationally)
- Want to use points for flights/hotels