Axis Bank Magnus for Burgundy Credit Card Review
The Axis Magnus for Burgundy is the version of Magnus reserved for Axis Burgundy wealth customers. Its signature feature is the accelerated rate: once your spend crosses ₹1.5 lakh in a month, every further ₹200 earns 35 EDGE points instead of 12, and those points transfer to most airline and hotel partners at 5:4.
That structure makes it one of the most rewarding cards in India for very high spenders — and poor value for anyone below about ₹1.5 lakh a month.
- 35 EDGE points per ₹200 on monthly spend above ₹1.5 lakh
- 5:4 transfers to most partners, with higher annual caps than plain Magnus
- Unlimited domestic and international lounges
- Fee waived on ₹30 lakh annual spend
- Forex markup about 2%
- Only for Axis Burgundy customers
- ₹30,000 fee unless you spend ₹30 lakh
- Low value below ₹1.5 lakh a month
- Accelerated tier capped in line with your credit limit
- Transfer partners and ratios changed often in 2026; some partners are 5:2
Fees and charges
| Item | Detail |
|---|---|
| Annual fee | ₹30,000 + GST, waived on ₹30 lakh spend |
| Forex markup | About 2% (DCC markup 2% from 28 Aug 2026) |
| Late fee | ₹1,300 on outstanding of ₹50,000+ |
Rewards: how the card earns
| Spend | EDGE points per ₹200 |
|---|---|
| Up to ₹1.5 lakh a month | 12 |
| Above ₹1.5 lakh a month (cap linked to credit limit) | 35 |
| Travel EDGE (reported) | Up to 60 |
| Rent | Earns only up to ₹50,000 a month |
Transfers: 5 points = 4 partner points for most partners, 5:2 for Accor, British Airways, Cathay, Finnair, Qatar, Vietnam Airlines and IndiGo. Annual caps for Burgundy: 2 lakh points (Group A) and 8 lakh (Group B).
Axis changes in 2026: from 28 Aug 2026 Priority Pass no longer works at domestic Indian lounges on Axis cards (use the card and boarding pass instead), gift cards and tolls earn nothing, and the markup on overseas transactions billed in rupees changed. Axis also reshuffled its airline and hotel transfer partners several times between April and September 2026 — check the current partner list before transferring.
Magnus for Burgundy points calculator
Rates as reported for Magnus for Burgundy (12 points per ₹200 up to ₹1.5 lakh a month, 35 above, 60 on Travel EDGE); the accelerated tier is capped in line with your credit limit. ₹0.80 assumes a 5:4 transfer to a partner mile worth ₹1.
What earns nothing
Axis’s standard exclusions apply (fuel, wallet, government, insurance and others); gift cards and tolls earn nothing from 2026, and rent earns only up to ₹50,000 a month.
Other benefits
| Benefit | Detail |
|---|---|
| Lounges | Unlimited domestic and international; domestic now via the card and boarding pass (from 28 Aug 2026), Priority Pass for international |
| Welcome | ₹5,000 voucher for new customers (reported) |
| Network | Visa Infinite (reported) |
Eligibility
Issuer
Axis Bank
Who
Axis Burgundy customers
Plain Magnus
A separate Magnus card exists for non-Burgundy customers with lower transfer caps
Who this card is for
- Good fit: Burgundy customers who regularly spend well above ₹1.5 lakh a month and transfer points to airlines.
- Skip if: you spend under ₹1.5 lakh a month — Atlas or a cashback card returns more.
Alternatives worth comparing
- Atlas vs Magnus for Burgundy
- Magnus for Burgundy vs HDFC Infinia
- Magnus for Burgundy vs Emeralde Private Metal
- Axis Reserve
Final verdict
For Burgundy customers spending ₹2–3 lakh+ a month, Magnus remains one of India’s most rewarding cards thanks to the 35-point tier and 5:4 transfers. Below ₹1.5 lakh a month it is not worth the fee.
Frequently asked questions
Who can get Magnus for Burgundy?
Axis Burgundy customers. A separate Magnus card exists for other customers, with lower transfer caps.
How does the 35-point rate work?
Spend above ₹1.5 lakh in a calendar month earns 35 EDGE points per ₹200 instead of 12, up to a cap linked to your credit limit.
What is the transfer ratio?
5:4 for most partners and 5:2 for a few (including Accor, Qatar and IndiGo).
Is the fee waivable?
Yes, on ₹30 lakh annual spend.
Can I still use Priority Pass in India?
No. From 28 August 2026 domestic lounge access is via the card and boarding pass; Priority Pass is for international lounges.
Last verified: October 2026, against Axis Bank’s Magnus for Burgundy revision notice (Jul 2026) and published card terms. Card terms change often; confirm the current fees and reward rules on the issuer’s website before you apply. All fees are plus 18% GST.