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Axis Bank Magnus for Burgundy Credit Card
Mastercard
Axis Bank Magnus for Burgundy Credit Card
The ultra-premium, relationship-manager-distributed tier of Axis Magnus reserved for Burgundy private banking clients — materially higher travel-miles value and unlimited own-card domestic lounge access, but only reachable through an existing high-net-worth Axis relationship rather than a public application.
Rates and fees last verified 15 July 2026 · No bank pays us to rank higher.
Annual fee
₹30,000
Joining fee
₹30,000
Reward type
points
Base reward rate
4.8%
Card network
Mastercard
Card tier
Super-premium
Who this card fits
Best suited to applicants who clear the standard eligibility bar whose spend is concentrated in travel, dining. Its annual fee waives if you can comfortably clear the spend threshold.
Benefits by category
- ✈️ Travel
24% reward rate (capped ₹2,00,000/monthly) · Unlimited complimentary domestic lounge access on the card itself, plus unlimited international access via Priority Pass
- 🏨 Hotel
Choice of a complimentary domestic one-way economy ticket, ₹5,000 Luxe/PostCard Hotels voucher, or Yatra voucher · 15% savings at The Leela Palace hotels · EDGE Reward Points transferable to 20+ airline and hotel partners, up to 10 lakh points/year
- 🌍 Forex / international spend
2% forex markup on international transactions
Eligibility
- Minimum monthly income: ₹2,00,000
- Employment: salaried, self-employed
- Age: 18–70
Benefits
- Choice of a complimentary domestic one-way economy ticket, ₹5,000 Luxe/PostCard Hotels voucher, or Yatra voucher
- Unlimited complimentary domestic lounge access on the card itself, plus unlimited international access via Priority Pass
- 4 complimentary airport meet-and-greet services per year
- 15% savings at The Leela Palace hotels
- EDGE Reward Points transferable to 20+ airline and hotel partners, up to 10 lakh points/year
Pros
- + Very high value-back (up to ~24%) on Travel EDGE bookings
- + Unlimited domestic and international lounge access
- + Strong hotel and travel-partner transfer ecosystem
Cons
- − Invite-only via Axis Burgundy relationship — not open to general applicants
- − ₹30,000 fee with a steep ₹30 lakh spend threshold to waive it
- − Fuel, utilities, and large rent payments are excluded from reward earning