Frequent travelers jet set to different parts of the globe. May it be for business or pleasure, these people often require access to a reliable and rewarding credit card wherever they might be. One of the great options available today is the Axis Bank Magnus Credit Card.
Axis Bank provides the Magnus Credit Card for global travelers who are interested in getting a wide range of travel-focused benefits. From complimentary VIP services to lounge access, this credit card is designed for maximum luxury every step of the way.
Interested in getting to know more about this credit card and the privileges it can offer? Take a look at how you can get airport perks and how you can apply for this credit card below.
What Is The Axis Bank Magnus Credit Card?
The Magnus Credit Card is a Mastercard-powered retail card offering from Axis Bank. Part of a premium card portfolio, the Magnus Credit Card is geared towards India’s affluent or HNI customers. It is complete with competitive interest rates.
Encompassing various aspects of health, wellness, travel, movies, and much more, this credit card is best for frequent travelers and upwardly mobile consumers who require a credit card that keeps up with a fast-paced lifestyle.
For one, this bank offers provides airport perks such as a complimentary flight to any domestic location and eight complimentary VIP airport concierge services.
Cardholders also get unlimited domestic lounge access in select Indian airports, as well as up to eight free international lounge visits.
On top of airport privileges, cardholders are also eligible for exclusive discounts at Oberoi Hotels, with the chance to get hotel room upgrades across its range of properties.
For lifestyle and entertainment benefits, cardholders can enjoy select discounts from BookMyShow, as well as up to 25% off from dining establishments across the country.
Health and wellness wise, the card provides insurance benefits, healthcare coverage, and access to select spas and salons.
Last but certainly not least, cardholders have the chance to earn 12 Axis Edge Rewards Points for every Rs. 200 they spend. Meanwhile, twice the rewards points will be given for spending at partner merchants such as Goibibo, MakeMyTrip, and Yatra.
Rewards points can be used to redeem travel vouchers, electronic goods and devices, and many other rewards options.
Eligibility And Application
Interested parties should be between the ages of 18 and 70 to apply, with a minimum annual salary of Rs. 18 Lakhs. Applicants should also be an Indian resident. Bear in mind that approval also depends on your creditworthiness.
Supporting documents required for submission and application include a PAN card photocopy or a Form 60, proof of income or salary, as well as proof of residence.
Applications may be done by filling out the online application form found on the website. You may also apply via a physical branch near you.
To apply online, you need to provide your personal information, such as your name, contact number and employment details. Afterward, an Axis Bank representative will call you regarding your application.
Fees And Charges
To keep enjoying airport perks and the host of privileges that come with the Axis Bank Magnus Credit Card, you need to pay an annual fee of Rs. 10,000. However, if you spend Rs. 15 Lakhs within the following year, you’re entitled to get an annual fee waiver.
The APR for this credit card is a discounted rate of 2.5%. Meanwhile, the foreign exchange rate is at 2%. There are no cash withdrawal charges. There is also a fuel surcharge waiver of 1% for spending between Rs. 400 to Rs. 4000.
The Bottom Line
Overall, the Axis Bank Magnus Credit Card is best for individuals who are looking for airport and travel-centered perks. With this credit card, you can enjoy airport lounge access alongside exclusive offers and experiences that complement your lifestyle.
For more information on the Axis Bank Magnus Credit Card, you may reach Axis Bank at 1800 419 0065.
You may also pay them a visit at their registered office at Axis Bank Limited, ‘Trishul,’ 3rd Floor, Opp. Samartheshwar Temple, Near Law Garden, Ellisbridge, Ahmedabad – 380006. You may also send them an email at www.axisbank.com/support.
Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.