Axis Magnus for Burgundy Credit Card
Axis Magnus for Burgundy Credit Card offers premium travel, lifestyle, and luxury benefits, including enhanced reward points, airport lounge access, exclusive privileges, and superior value designed specifically for Burgundy customers.
About Axis Magnus Burgundy Credit Card
Axis Magnus for Burgundy Credit Card is an exclusive offering for Axis Bank Burgundy customers, available at an annual fee of Rs. 30,000. Although it follows the same spend-based rewards model as the standard Magnus card, this Burgundy variant delivers significantly enhanced travel-focused benefits. Cardholders can earn up to 24% value-back on travel spends through Travel EDGE and up to 14% value-back on non-travel spends when redeeming reward points with partner airlines or hotel programs at an attractive 5:4 conversion ratio.
Beyond its high reward potential, the card delivers a premium travel experience with unlimited lounge access, complimentary guest visits, a low 2% forex mark-up fee, and complimentary airport meet-and-greet services—making it particularly appealing for those who travel frequently.
Even after the major devaluation of Axis Magnus in April 2024, the Magnus for Burgundy variant continues to maintain strong value due to its generous 5:4 transfer ratio and premium travel privileges that are no longer available on the regular Magnus card. For Burgundy customers with high annual spends and frequent international or domestic travel, this card remains a compelling and high-value choice.
Rewards Program
Reward Earning
Axis Magnus for Burgundy offers a tiered reward structure that increases with higher monthly spending:
12 EDGE Reward Points per Rs. 200 spent on total monthly spends up to Rs. 1.5 lakh
35 EDGE Reward Points per Rs. 200 spent once monthly spends cross Rs. 1.5 lakh
60 EDGE Reward Points per Rs. 200 spent on bookings made through the Travel EDGE portal, applicable on spends up to Rs. 2 lakh per month
35 EDGE Reward Points per Rs. 200 spent on Travel EDGE once monthly spends exceed Rs. 2 lakh
This structure allows high spenders—especially travellers—to accumulate points at an impressive rate.
Reward Points Redemption
Cardholders can convert EDGE reward points into loyalty points of 20+ airline and hotel partners at an attractive 5:4 conversion ratio, making it ideal for maximizing travel value.
However, there is an annual cap of 10 lakh EDGE reward points that can be transferred to partner programs. Within this limit:
Up to 2 lakh points can be transferred to Group A partners
Up to 8 lakh points can be transferred to Group B partners
Partner Airlines and Hotel Loyalty Programs
Group A Partners
Accor Hotels (Accor Live Limitless)
Air Canada (Aeroplan)
Ethiopian Airlines
Etihad (Etihad Guest)
Japan Airlines (JAL Mileage Bank)
Marriott International (Marriott Bonvoy)
Qatar Airways
Singapore Airlines (KrisFlyer)
Turkish Airlines
Thai Airways (Royal Orchid Plus)
United Airlines (MileagePlus)
Wyndham Hotels (Wyndham Rewards)
Group B Partners
Air France–KLM (Flying Blue)
Air India (Flying Returns)
AirAsia
ITC
IHG Hotels & Resorts (IHG One Rewards)
Qantas Airways (Qantas Frequent Flyer)
SpiceJet
Vistara (TATA SIA Airlines Ltd.)
Other Redemption Options
Beyond airline and hotel transfers, cardholders can redeem points for a wide range of vouchers via the EDGE Rewards catalogue. The redemption value is generally 1 EDGE Reward Point = Rs. 0.20, though the exact value may vary depending on the brand or voucher selected.
Axis Magnus for Burgundy – Other Features & Benefits
Lounge Access
Unlimited international lounge access through Priority Pass for primary cardholders.
Unlimited domestic lounge visits, provided you spend Rs. 50,000 in the previous three months.
Four complimentary guest visits each for both international and domestic lounges every year, making travel more comfortable for companions as well.
Other Travel Benefits
Low forex mark-up fee of 2%, ideal for international travellers.
Four complimentary airport meet-and-greet services every year, enhancing the overall travel experience with priority assistance.
Welcome Benefit
New cardholders can choose one welcome voucher worth Rs. 5,000, from any of the following:
Luxe Gift Card
The Postcard Hotels Gift Voucher
Yatra Travel Voucher
Dining Discount
Enjoy up to 30% savings at more than 4,000 partner restaurants across India under Axis Bank’s Dining Delights Program.
Insurance Benefits
Purchase protection of up to Rs. 2 lakh
Credit shield cover of up to Rs. 5 lakh
Insurance for loss or delay of baggage and personal documents up to USD 500
Lost card liability cover, up to the available credit limit
Annual Fee Waiver
The annual fee is fully waived upon achieving Rs. 30 lakh annual spends, making it highly rewarding for high-spending Burgundy customers.
Fuel Benefit
1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 4,000, with benefits capped at Rs. 400 per month.
Axis Magnus for Burgundy Credit Card Reward Points & Cashback Calculator
Reward Points Calculator
Fees & Charges
| Fee Type | Amount | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Joining Fee | Rs. 30,000 + Taxes | ||||||||||
| Annual Fee | Rs. 30,000 + Taxes | ||||||||||
| Finance Charges | 3.0% p.m. (42.58% p.a.) | ||||||||||
| Late Payment Charges |
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Comparison: Axis Magnus vs. Axis Magnus for Burgundy
| Credit Card | Axis Magnus Burgundy | Axis Magnus |
|---|---|---|
| Annual Fee | Rs. 30,000 + Taxes | Rs. 12,500 + Taxes |
| Annual Fee Waiver | On annual spends of Rs. 30 Lakh | On annual spends of Rs. 25 Lakh |
| Miles Conversion Ratio | 5:4 | 5:2 |
| Annual Capping on Miles Conversion | 10 Lakh points | 5 Lakh points |
| Annual Capping for Group A | 2 Lakh points | 1 Lakh points |
| Annual Capping for Group B | 8 Lakh points | 4 Lakh points |
| Airport Meet & Greet Services | 4 per year | Nil |
| Welcome Benefit | 1 voucher worth Rs. 5,000 from Luxe gift card, The Postcard Hotels or Yatra | Luxe gift card or The Postcard Hotels gift voucher worth Rs. 12,500 |
Axis Magnus for Burgundy Credit Card functions as a superior version of the standard Axis Magnus, particularly for travellers who maximise reward conversions. While the regular Magnus card offers up to 12% value-back with a 5:2 miles conversion ratio, the Burgundy edition significantly enhances this by offering up to 24% value-back and a more favourable 5:4 conversion ratio. Additionally, the annual cap on reward-point transfers is doubled—10 lakh reward points per year compared to the 5 lakh limit on the standard Magnus—allowing heavy spenders to extract far greater value. Another notable difference is that airport meet-and-greet services, which were removed from the regular Magnus, are still available on the Burgundy variant with four complimentary services every year.
However, the Burgundy card does make some trade-offs. It carries a higher joining/annual fee of Rs. 30,000 while offering a comparatively modest welcome benefit of Rs. 5,000. In contrast, the regular Magnus effectively offsets its joining fee by providing welcome benefits worth Rs. 12,500. Furthermore, premium hotel privileges at Trident and Oberoi Hotels, available with the standard Magnus, are not offered with the Burgundy variant.
While the Axis Magnus for Burgundy delivers stronger miles conversion, a higher redemption cap, and additional travel advantages, its overall value proposition slightly decreases due to limited welcome benefits and the absence of luxury hotel privileges. It remains a strong choice for Burgundy clients focused primarily on travel and reward optimisation.
Axis Magnus for Burgundy: Eligibility Criteria
Only existing Axis Bank Burgundy customers are eligible to apply for the Axis Magnus for Burgundy Credit Card. To maintain Burgundy status, applicants must meet at least one of the following qualifying conditions:
Maintain an average quarterly balance (AQB) of Rs. 10 lakh in a savings account, OR
Maintain a combined AQB of Rs. 10 lakh across savings and current accounts, OR
Hold a Total Relationship Value (TRV) of Rs. 30 lakh or more, OR
Maintain a TRV of Rs. 1 crore, including Demat holdings, OR
Salaried customers must receive a net monthly salary of Rs. 3 lakh or above credited to their salary account, OR
For NRI clients, a minimum foreign inward remittance of Rs. 40 lakh via wire transfer or RemitMoney in the past 12 months
These requirements ensure that the card is extended exclusively to high-value Burgundy clients who maintain substantial banking relationships with Axis Bank.
Things to Know Before You Apply
Get this card if:
You are an existing Axis Bank Burgundy client and can continue meeting the relationship requirements.
You travel often and can maximize value by converting reward points into air miles or hotel loyalty points.
You are a high spender capable of accumulating significant reward points each month.
You can comfortably achieve Rs. 30 lakh annual spends to qualify for the annual fee waiver and extract maximum value from the card.
Steps to Close Axis Magnus for Burgundy Credit Card
If you plan to deactivate your Axis Magnus for Burgundy Credit Card, it is important to follow the official closure process defined by Axis Bank to ensure a smooth and secure experience.
Evaluate Your Decision
- Before proceeding, review your reason for closing the card. Common reasons may include high annual fees, low usage, or switching to another credit card. Also, note that closing an older credit card can impact your credit score and overall credit history.
Clear All Outstanding Dues
Make sure your credit card account has no pending balance. Clear all dues, including:
- Total outstanding amount
- EMIs or installment payments
- Interest charges
- Late payment fees or penalties
The bank will process your closure request only after confirming that all dues are fully settled.
Submit Closure Request
You can initiate the closure request through multiple channels such as:
- Internet banking or mobile banking
- Customer care support
- Email or written request to the bank
While submitting the request, you may need to provide:
- Full name of the cardholder
- Last four digits of your credit card
- Registered mobile number or email ID
Confirm the Request
- After submitting your request, ensure you receive confirmation via SMS or email stating that your closure request has been successfully registered or completed.
Avoid Using the Card
- Do not use the credit card after initiating the closure request, as any new transaction may delay or cancel the process.
Dispose of the Card Safely
Once the closure is confirmed:
- Cut the card diagonally across the chip and magnetic strip
- Dispose of it securely to prevent misuse
Verify Credit Report
- After a few weeks, check your credit report to ensure that the account status is updated as “Closed”
- If you notice any discrepancy, report it immediately to Axis Bank or the concerned credit bureau
Important Points to Remember
- Cancel all auto-debits, subscriptions, and recurring payments linked to the card
- Redeem any unused reward points before closing the account, as they may expire afterward
- Keep a record of all communications and acknowledgements for future reference
- Monitor your account until the closure process is fully completed
Axis Magnus for Burgundy Credit Card Helpline Number
If you need assistance regarding your Axis Magnus for Burgundy Credit Card, you can connect with the customer support team of Axis Bank. The bank provides support for billing concerns, payments, card blocking, reward-related queries, and other credit card services.
Customer Care Helpline Numbers
- Toll-Free Numbers
1800 209 5577
1800 103 5577 - Alternate Numbers (Chargeable)
1860 419 5555
1860 500 5555
WhatsApp Banking Support
You can also use WhatsApp banking for quick assistance.
- Send “Hi” to 7036165000 from your registered mobile number
- This service allows you to access basic banking features along with instant support
SMS Banking Services
To check your account balance:
- Send BAL to 56161600 or 9951860002 from your registered mobile number
Other Support Channels
Axis Bank also offers multiple additional support options, including:
- Missed call banking services
- SMS-based assistance
- NRI customer support
- Branch and ATM locator services
- Complaint and grievance redressal
- Fraud reporting and security support
- Do Not Call (DNC) service requests
Services Available
- Assistance with billing and transaction-related queries
- Support for payments and credit card statement issues
- Help in reporting and blocking lost or stolen cards
- Requests for card replacement or reissue
- Guidance for credit card closure or cancellation
- General banking and account-related assistance
Important Points
- Always use official contact channels for secure communication
- Keep your registered mobile number and card details ready for verification
- Never share sensitive information such as OTP, PIN, or CVV
- Always note your complaint or reference number for future tracking and follow-up
FAQs
Who is eligible for the Axis Magnus Burgundy Credit Card?
This card is available exclusively to Axis Bank Burgundy clients. To qualify, individuals must meet one of the bank’s Burgundy criteria, such as maintaining an Average Quarterly Balance (AQB) of Rs. 10 lakh in a savings account or across combined savings and current accounts. Eligibility can also be met with a Total Relationship Value (TRV) of Rs. 30 lakh, a TRV of Rs. 1 crore including Demat holdings, or a net monthly salary of Rs. 3 lakh or more credited to an Axis salary account.
How can I apply for the Axis Magnus for Burgundy Credit Card?
Only Burgundy customers can apply for this premium card. Eligible clients can reach out to Axis Bank customer support, or visit any Axis Bank branch to submit an application form along with the required documents. The bank will review your Burgundy relationship status before approving the card.
What is the difference between Axis Magnus and Axis Magnus Burgundy Credit Cards?
Both cards share the same reward-earning structure, but the Burgundy variant offers significantly better redemption value. Axis Magnus Burgundy allows reward points to be converted into airline miles or hotel loyalty points at a 5:4 ratio, compared to the 5:2 ratio offered on the regular Magnus. The Burgundy version also retains additional travel privileges that were removed from the standard Magnus.
Does the Axis Magnus Burgundy Credit Card offer lounge access benefits?
Yes. Cardholders enjoy unlimited domestic and international lounge access. The card also includes four complimentary guest visits per year for both domestic and international lounges, offering added convenience for companions.
What are the welcome benefits offered with Axis Magnus Burgundy Credit Card?
Upon paying the Rs. 30,000 joining fee, cardholders receive a welcome voucher worth Rs. 5,000, which can be redeemed as a Luxe Gift Card, a Postcard Hotels voucher, or a Yatra.com travel voucher.
Does the Axis Magnus Burgundy Credit Card offer airport meet & greet services?
Yes, Burgundy cardholders receive four complimentary airport meet-and-greet services every year, ensuring a premium travel experience at major airports.
What are the fees for the Axis Magnus Burgundy Credit Card?
The card carries an annual fee of Rs. 30,000, which can be fully waived upon achieving Rs. 30 lakh in annual spends during the previous card membership year.