Axis Bank Reserve vs Magnus- Check below for a comparison between Axis Bank Reserve vs Magnus or Axis Bank Magnus vs Reserve Credit Card and find which is better.
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Overview of Axis Bank Reserve Credit Card
Geared towards high-net-worth individuals, the Axis Bank Reserve Credit Card stands out as a top-tier credit card from Axis Bank.
It presents a range of benefits, including attractive discounts and promotions for dining at carefully selected upscale restaurants across India.
Alongside these perks, cardholders can take advantage of complimentary access to airport lounges, travel insurance coverage, and waivers on fuel surcharges.
Moreover, the card unlocks exclusive advantages at prestigious luxury hotels globally.
Overview of Axis Bank Magnus Credit Card
This top-tier credit card, provided by the bank, caters to affluent individuals aspiring to indulge in the luxuries of a sophisticated lifestyle.
While it entails an enrollment cost of Rs. 12,500, it provides an array of upscale travel, lifestyle, dining, and insurance perks.
Additionally, cardholders enjoy exclusive access to both domestic and international airport lounges, coupled with round-the-clock concierge assistance.
High-end clients can also partake in global transactions with a modest 2% Forex Markup fee.
Axis Bank Reserve vs Magnus
Features/Charges | Axis Bank Reserve Credit Card | Axis Bank Magnus Credit Card |
---|---|---|
Joining Fees | Rs. 50,000 | Rs. 10,000 + GST |
Annual Fees | Rs. 50,000 | Rs. 10,000 + GST |
Welcome Benefits | Upon the activation of the card and its yearly membership renewal, users are entitled to a substantial welcome bonus, enjoying 50,000 Edge Reward Points. | Following the initial activation of your Axis Bank Magnus card, you are entitled to a welcome benefit, which includes a Tata Cliq Voucher valued at Rs. 10,000 or a complimentary domestic flight ticket. |
Cashback / Rewards point | Receive 15 Edge Reward Points for every Rs. 200 spent, and amplify your benefits with a dual reward rate of 2X Edge Reward Points when making international transactions. | Earn 12 Axis EDGE REWARDS Points for every Rs. 200 spent on retail transactions with this card. Additionally, enjoy 5X Edge Rewards on travel expenditures through TRAVEL EDGE, and receive 2X Axis EDGE REWARDS Points for purchases at Yatra, MakeMyTrip, GoIbibo, and similar platforms. |
Dining benefits | Obtain a complimentary Eazydiner Prime membership, granting a 25% discount at a range of restaurants, and benefit from a 20% discount at select eateries within the Dining Delights initiative. | Enjoy discounts of up to 25% at over 600 five-star restaurants in India*. Additionally, relish savings of up to 20% at over 4,000 dining establishments across the country |
Travel benefits | Access global travel and medical assistance while traveling internationally, enjoy free entry to domestic and international airport lounges, receive a complimentary Club ITC Culinaire membership, and benefit from complimentary memberships to Accorplus and Club Marriott Asia Pacific. | Enjoy limitless access to domestic airport lounges annually. Additionally, benefit from unlimited complimentary visits to international lounges each year through Priority Pass*. |
Annual fees waiver | Qualify for a renewal fee waiver by achieving a minimum expenditure of Rs. 25 lakhs in the 12 months leading up to the renewal date. | The annual fee is exempted – Renewal charges are waived if you spend a minimum of Rs. 15 lakhs in the previous 12 months. |
Fuel surcharge waiver | This credit card offers a 1% fuel surcharge exemption for transactions falling between Rs. 400 and Rs. 4,000 at all fuel stations across India, with the maximum monthly waiver limited to Rs. 400. | The credit card ensures a 1% fuel surcharge exemption at every fuel station in India for transactions ranging from Rs. 400 to Rs. 4,000 (maximum waiver limited to Rs. 400 per month)*. |