Axis Bank Magnus Credit Card
12 points per full ₹200 on the first ₹1.5 lakh/month. Full Westside voucher blocks only, less redemption charges. ₹12,500+GST card fee deducted; above-threshold rewards unvalued.
Try your spend →How this estimate works
Regular Magnus, not Magnus for Burgundy. Ordinary eligible domestic-retail baseline only: 12 EDGE REWARD Points per full ₹200 on the first ₹1.5 lakh eligible spend in each calendar month. One purchase per month, repeated 12 times. Above ₹1.5 lakh, the card offers 35 points per ₹200 up to an assigned-credit-limit-dependent tier, then 12 points; that entire above-threshold portion is deliberately unvalued here, not a claim that rewards stop. No assumed credit limit. Current issuer FAQ explicitly states both Magnus and Magnus for Burgundy redeem EDGE points at ₹0.20 each on the EDGE portal. The live rewards catalogue lists Westside ₹1,000 vouchers at 5,000 points. This estimate counts only full 5,000-point/₹1,000 Westside voucher blocks from this year, deducting ₹99+estimated 18% GST for each voucher redeemed in a separate request. Larger denominations and batched multi-voucher requests could lower redemption fees but are not assumed. Below 5,000 annual points, no full voucher is counted; accumulated points are not permanently worthless. Current EDGE terms require at least 300 points and good standing, with three-year point expiry and forfeiture after 365 days without an earn transaction. Vouchers are brand-restricted, not cash, subject to availability, redemption restrictions and the expiry supplied at issue; redemptions cannot be cancelled. Utility/telecom, government, insurance, gold/jewellery, fuel, wallets, cash, repayments, fees, rent, EMI and unverified special routes are unscored. General EDGE exclusions also apply. ₹12,500+estimated 18% GST card fee separately deducted. Current fee schedule no longer lists Magnus among redemption-fee waivers, unlike an older key-fact sheet; current ₹99/request is applied. The ₹25 lakh previous-year annual waiver, Burgundy Salary fee exception, welcome voucher, above-threshold acceleration, Travel EDGE and miles transfers are omitted. This is a narrow ordinary-retail voucher estimate, not the full premium-card proposition.
Issuer terms
Magnus product benefits · Current earn tiers and exclusions · Magnus-specific ₹0.20 voucher value · Live Westside voucher blocks · Current card and redemption fees · EDGE expiry and restrictions
Terms checked 30 September 2026. Verify current voucher availability, merchant eligibility and fee offer.