Which card has a lower forex fee: Axis Bank Magnus Credit Card or Axis Bank Reserve Credit Card?

Axis Bank Reserve Credit Card has lower forex markup (1.5% vs 2%).

Which card has a lower annual fee: Axis Bank Magnus Credit Card or Axis Bank Reserve Credit Card?

Axis Bank Magnus Credit Card has a lower annual fee (₹12,500 vs ₹50,000).

Which card offers better lounge access?

Axis Bank Magnus Credit Card: Unlimited domestic lounge. Axis Bank Reserve Credit Card: Unlimited domestic lounge.

Which card has a higher base reward rate?

Axis Bank Magnus Credit Card has higher base reward value (~5% vs ~1.5%).

Pairwise comparison Add another card →

Axis Bank Magnus vs Axis Bank Reserve Credit Cards – Fees, Lounge, Forex

Side-by-side comparison of the Axis Bank Magnus and the Axis Bank Reserve. Verify fees, lounge access, forex markup, and base rewards before you apply.

Travel Axis Bank Reserve Forex Axis Bank Reserve Rewards Axis Bank Magnus Low fee Axis Bank Magnus

Quick comparison

Three core metrics

Magnus Axis Bank

Annual fee ₹12,500 Waivable at ₹25,00,000 spend
Forex markup 2%
Domestic lounge Unlimited

Reserve Axis Bank

Annual fee ₹50,000 Waivable at ₹35,00,000 spend
Forex markup 1.5%
Domestic lounge Unlimited

Reward earning explained

Per card

Magnus

5 pts / ₹100 on General spend

Limited data

Reserve

7.5 pts / ₹100 on General spend

Limited data

Pick based on what matters

6 dimensions

Start with the constraint you care about most: annual fee (Axis Bank Magnus: ₹12,500 vs Axis Bank Reserve: ₹50,000), forex markup (2% vs 1.5%), or lounge access (Unlimited vs Unlimited).

Travel Axis Bank Reserve wins

Axis Bank Reserve is better for travel

Axis Bank Reserve is stronger here. Axis Bank Reserve is cheaper for international spend (1.5% vs 2% forex).

Magnus: Limited data Reserve: Limited data
Forex markup Axis Bank Reserve wins

Axis Bank Reserve is better for forex

Axis Bank Reserve is stronger here. Axis Bank Reserve has a lower forex markup (1.5% vs 2%).

Magnus: Limited data Reserve: Limited data
Lounge access Tie

Both cards are similar for lounge access

Domestic lounge access is unlimited.

Magnus: Limited data
Rewards Axis Bank Magnus wins

Axis Bank Magnus is better for rewards

Axis Bank Magnus is stronger here. Estimated base reward value is ~5% on base spend.

Magnus: Limited data Reserve: Limited data
Annual fee Axis Bank Magnus wins

Axis Bank Magnus is better for fees

Axis Bank Magnus is stronger here. Axis Bank Magnus has a lower annual fee (₹12,500 vs ₹50,000).

Magnus: Limited data Reserve: Limited data
upi Tie

Both cards are similar for UPI usage

Visa network does not support UPI payments. Mastercard network does not support UPI payments.

Verify with issuer

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

Magnus: ~₹2,500/month at base rate
Reserve: ~₹750/month at base rate

Illustrative only, using current base rates before caps.

Field	Magnus Axis Bank	Reserve Axis Bank
Lounge Access
Domestic lounge visits	Unlimited	Unlimited
International lounge visits 4/year vs 12/year	4/year	12/year
Forex / International Use
Forex markup Source agreement differs — verify both. 2% vs 1.5%	2%	1.5%
Fees
Annual fee ₹12,500 vs ₹50,000	₹12,500	₹50,000
Joining fee ₹12,500 vs ₹50,000	₹12,500	₹50,000
Fee waiver spend ₹25,00,000 vs ₹35,00,000	₹25,00,000	₹35,00,000
Rewards
Points per ₹100 5 pts vs 7.5 pts	5 pts	7.5 pts
Point cash value ₹1 vs ₹0.2	₹1	₹0.2

Notes

Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.