Axis Bank Magnus Credit Card

1. Hotel Stay Offers: You get up to 15% off on both domestic and international Trident and Oberoi hotels. Do note that the customers holding the new Magnus credit card for Burgundy have the option of choosing any one voucher worth Rs.5,000 from Luxe gift card, The Postcard Hotels voucher and Yatra gift voucher. 

1. Dining Discounts: Get up to 30% off at over 4,000 restaurants across India. 

1. Insurance Benefits: With this credit card you get purchase protection of Rs. 2 lakh and a credit card shield of Rs. 5 lakhs. You also get cover on the loss/delay of baggage and personal documents worth USD 500. 

1. Annual Fee Waiver: Get your annual fee of Rs.12,500 waived off on spending Rs.25 lakh or more in the previous year. 

1. Rewards: Earn 12 EDGE reward points for every Rs. 200 spent on total monthly transactions up to Rs. 1.5 lakh and 35 EDGE reward points for every Rs. 200 spent on monthly transactions exceeding Rs. 1.5 lakh, up to spends equivalent to your credit limit plus an additional Rs. 1.5 lakh in a calendar month. After this, you will earn 12 EDGE reward points for every Rs. 200 spent. You also earn 5X reward points on spends through Travel EDGE and 2 partner miles for every 5 EDGE reward points across 20 travel partners. Do note that the reward points will not be earned on the selected categories like Utility & Telecom, Rent having a cap of Rs.50,000 in a month, Government spends, Wallet recharge, Insurance, Gold & Jewellery, Fuel, Cash advances and Repayments. 

1. Fuel Surcharge Waiver: You get a fuel surcharge waiver of 1% capped at Rs. 400, on making transactions between Rs. 400 and Rs. 4,000.  

1. Other Benefits: You get a lowered interest rate of 3% if credit is extended. The markup fee is reduced by 2% if you conduct a foreign currency transaction, and there is no cash withdrawal fees. 

Eligibility Criteria for Axis Bank Magnus Credit Card

Given below is the eligibility criteria you will have to fulfil in order to apply for Axis Bank Magnus Credit Card:

1. Your age must be between 18 years and 70 years
2. The add-on cardholder's age must be over 18 years
3. You should be an Indian citizen
4. Your minimum annual salary must be Rs. 24 lakh or the Annual Income Tax Return filed must be for Rs. 24 lakh

Documents Required for Axis Bank Magnus Credit Card

Given below is the list of documents you will have to submit in order to apply for Axis Bank Magnus Credit Card

1. A photocopy of your Permanent Account Number(PAN) Card or Form 60
2. Proof of income such as IT return copy, Form 16, or latest pay slip
3. Proof of residence such as passport, landline telephone bill, electricity bill, driving licence, etc.

*Note: Please note that the list mentioned for documents to be submitted is indicative and may vary from case to case.

How to Apply for Axis Bank Magnus Credit Card

Given below are the steps you will have to follow if you wish to apply for Axis Bank Magnus Credit Card: 

Step 1: Visit the official website of Axis Bank 

Step 2: Scroll down and click on 'Credit Card' 

Step 3: You will be directed to a new page, where you will have to click on 'Axis Bank Magnus Credit Card' 

Step 4: You will be directed to a new page where you will have to click on 'Apply Now' 

Step 5: Select whether you are an existing Axis Bank customer or not. Tick 'yes' if you are a customer otherwise, tick 'no' 

Step 6: Enter the necessary details, such as your name, state, city of residence, mobile number, your professional details, and your monthly income 

Step 7: Enter the code to proceed and tick the box where you authorise the lender to contact you regarding your application for the credit card. Click on 'Call Me' 

Step 8: A representative from the bank will get in touch with you and will help you with the process of applying for Axis Bank Magnus Credit Card 

You can also visit the nearest Axis Bank branch along with the necessary documents. A representative from the bank will help you with the process of applying for Axis Bank Magnus Credit Card. 

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