Axis Magnus Credit Card

Lounge Access & Other Travel Benefits

• Low forex markup fee of 2%
• Unlimited complimentary international lounge visits with Priority Pass with 4 additional guest visits per year

Quick Check: Lounge Access Credit Cards 

• Unlimited visits to select domestic airport lounges for both primary and add-on cardholders on spending Rs. 50,000 in the previous three months

Hotel Benefits: Cardholders can avail exclusive offers at international Oberoi & Trident hotels:

• 15% off on best available rates
• Complimentary night stays on booking 2 nights (3rd night complimentary) & room upgrade to next category

Here’s how you can maximize the benefits on your Axis Bank Magnus Credit Card:

1. Accumulate maximum reward points:

Put most expenses on your credit card to earn 35 Axis EDGE points on every Rs. 200. For instance, if you spend around Rs. 2,10,000 a month on major categories like grocery, apparel, consumer durable, etc, you can accumulate around 36,750 points in a month. Spending this value might also help you achieve the annual fee waiver of Rs. 25 Lakh, giving you a clear benefit of additional Rs. 12,500.

Note that you can earn 35 points on every Rs. 200, only when you spend beyond Rs. 1.5 Lakh, otherwise you will earn 12 points per Rs. 200. Thus, to maximize benefits here, you need to put most of your everyday and luxury expenses on this card.

2. Use TRAVEL EDGE Platform for travel bookings:

For travel spend up to Rs. 2 Lakh in a month on Axis EDGE rewards portal you earn 60 points per Rs. 200, and for spends above Rs. 2 Lakh you earn 35 points. Thus, you must plan your travel bookings accordingly, so as to derive the maximum benefit.

If your travel expenses are within Rs. 2 Lakh, then maximizing this feature is easy. However, if it is beyond this value, you can try booking up to  Rs. 2 Lakh in a month, and keep the rest for another month. This could significantly work if you are planning your travel in advance, and have multiple months before your vacation arrives.

3. Utilize rewards against Air Miles or Hotel Loyalty Points

The card gives the maximum value back on redeeming the reward points against Travel. You can earn a high redemption value by transferring the points at a 5:2 ratio, for the flight/hotel loyalty program.  In comparison to this, if you redeem the points against the product catalog, you generally get a value back of Rs. 0.20 for 1 Axis EDGE point.

For instance, if you have accumulated 96,750 reward points in a month, you accumulate a total of 11,61,000 points in a year , via the following scenarios:

• 36,750 points on spending Rs. 2,10,000 in a month
• 60,000 points on spending Rs. 2 Lakh a month on Travel Edge platform

Now, amongst the total accumulated points, you can utilize 5 Lakh points here, as per the maximum capping on converting rewards into partner loyalty points. For 5 Lakh rewards here you get around 2 Lakh points.

Transferring just 5 Lakh points to airmiles will fetch you 2 Lakh miles, that hold a better value back than collectively 11,61,000 points converted across product catalog at a value of 1 point= 0.20. These loyalty points can be directly used for flight ticket bookings.