Check below for a comparison between Axis Magnus vs Amex Platinum Travel or Amex Platinum Travel vs Axis Magnus and find which is better –
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Overview of Axis Magnus Credit Card
Tailored for affluent clients desiring the finer things in life, this bank-issued super-premium card demands a Rs. 12,500 joining fee.
However, it compensates with an array of high-end travel, lifestyle, dining, and insurance perks.
Cardholders gain exclusive access to both domestic and international airport lounges, accompanied by continuous concierge support.
Moreover, esteemed customers can conduct international transactions with a modest 2% Forex Markup fee.
Overview of Amex Platinum Travel credit card
Internationally recognized for its array of high-end credit cards and associated air mile perks, American Express has the sole offering in the travel category for the Indian market—the American Express Platinum Travel Credit Card.
Positioned among the most elite AmEx Credit Cards, it entices users with appealing welcome benefits and a plethora of milestone advantages through Membership Rewards Points.
These points are versatile, allowing redemption for various expenses such as airfare, accommodations, and car rentals on the Amex Travel Online portal.
Additionally, they can be used for acquiring shopping vouchers at online retail destinations and e-vouchers on American Express’s dedicated online shopping platform.
The cardholder even has the flexibility to settle credit card bills using Amex’s innovative Cash + Points program.
Axis Magnus vs Amex Platinum Travel
| Features/Charges | Axis Bank Magnus Credit Card | Amex Platinum Travel |
|---|---|---|
| Joining Fees | Rs. 10,000 + Taxes | Rs. 5,000 |
| Annual Fees | Rs. 10,000 + Taxes | Rs. 5,000 |
| Welcome Benefits | After the first activation of your Axis Bank Magnus card, a welcome benefit awaits you, giving you the option to receive a Tata Cliq Voucher with a value of Rs. 10,000 or a complimentary domestic flight ticket. | Upon payment of the joining fee and a minimum spending of Rs. 30,000 within the initial 90 days of receiving the card, you will be rewarded with a generous welcome bonus of 11,000 bonus Membership Rewards Points. |
| Cashback / Rewards point | Get 12 Axis EDGE REWARDS Points for every Rs. 200 spent on retail acquisitions with this card. Avail 5X Edge Rewards on travel spending via TRAVEL EDGE, and earn 2X Axis EDGE REWARDS Points for purchases at Yatra, MakeMyTrip, GoIbibo, and similar outlets. | Acquire 1 Membership Reward Point for each Rs. 50 spent using the card, excluding expenditures on fuel, utilities, insurance, cash transactions, and EMI conversions at the Point of Sale. |
| Dining benefits | Save up to 25% on dining at over 600 five-star restaurants in India*, and benefit from discounts of up to 20% at more than 4,000 eateries throughout the country* | Enjoy discounts of up to 20% at designated restaurants. |
| Travel benefits | Avail yourself of boundless domestic airport lounge access on a yearly basis. Moreover, relish limitless complimentary visits to international lounges each year through Priority Pass*. | Enjoy annual access to domestic lounges at no extra charge, receive a Priority Pass membership, and be entitled to a complimentary Taj Epicure Membership. |
| Annual fees waiver | No annual fee – The renewal fee is waived if you have spent at least Rs. 15 lakhs in the preceding 12 months. | N/A |
| Fuel surcharge waiver | Experience a 1% exemption on fuel surcharges when using this credit card at any filling station across India for transactions within the Rs. 400 to Rs. 4,000 range (up to a maximum waiver of Rs. 400 per month)*. | Transactions up to Rs. 5,000 at HPCL fuel stations are exempted from charges, while a 1% surcharge applies to BPCL and IOCL stations. Additionally, there is a 2.5% surcharge at all other fuel stations nationwide when using this credit card. |
