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Magnus vs SELECT – Full comparison

Both cards verified with issuer

Magnus source SELECT source

Forex costs are a key difference

Key differences

Best forex Magnus 2%
Lowest fee SELECT ₹3,000
Best lounge Magnus Unlimited lounge

Spend context

At ₹50k/month spend:

  • Magnus: ~₹2,500/month at base rate
  • SELECT: ~₹500/month at base rate

Approximate, based on base rates (before caps).

Magnus AXIS SELECT AXIS
Lounge Access
Domestic lounge visits
Unlimited vs 2/quarter
Unlimited 2/quarter
International lounge visits
Only available for SELECT
Varies by variant 2/year
Forex / International Use
Forex markup
Source agreement differs — verify both.
2% vs 3.5%
2% 3.5%
Fees
Annual fee
₹12,500 vs ₹3,000
₹12,500 ₹3,000
Joining fee
₹12,500 vs ₹3,000
₹12,500 ₹3,000
Fee waiver spend
₹25,00,000 vs ₹6,00,000
₹25,00,000 ₹6,00,000
Rewards
Points per ₹100
No difference
5 pts 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.
Important

Data is compiled from issuer and public sources. Always verify with the issuer before applying.