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

Both cards have the same forex markup (2%).

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

ICICI Emeralde Credit Card has a lower annual fee (₹12,000 vs ₹12,500).

Which card offers better lounge access?

Axis Bank Magnus Credit Card: Unlimited domestic lounge access. ICICI Emeralde Credit Card: Unlimited domestic lounge access.

Which card has a higher base reward rate?

Base reward rates are not fully available for both cards in the current snapshot.

Pairwise comparison Compare 3+ cards →

Axis Bank Magnus vs ICICI Bank Emeralde Credit Cards – Fees, Lounge, Forex

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

Quick comparison

Three core metrics

Magnus Axis Bank

Annual fee ₹12,500 Waivable at ₹25,00,000 spend
Forex markup 2%
Domestic lounge Not specified

Emeralde ICICI Bank

Annual fee ₹12,000 Waivable at ₹10,00,000 spend
Forex markup 2%
Domestic lounge Not specified

Reward earning explained

Per card

Magnus

6 pts / ₹100

Limited data

Emeralde

6 pts / ₹100

Limited data

Pick based on what matters

4 dimensions

Start with the constraint you care about most: annual fee (Axis Bank Magnus: ₹12,500 vs ICICI Bank Emeralde: ₹12,000), forex markup (2% vs 2%), or lounge access (Not specified vs Not specified).

Travel Tie

Both cards are similar for travel

Forex markup is 2%.
Forex markup Tie

Both cards are similar for forex

Forex markup is 2%.
Lounge access Tie

Both cards are similar for lounge access

Domestic lounge access is unlimited.
Rewards Insufficient data

Insufficient data to compare rewards

Available evidence is incomplete: Axis Bank Magnus conservative base value ~1.2000000000000002% per ₹100. ICICI Bank Emeralde is not safely INR-comparable (no usable point value).

Magnus: Limited data Emeralde: Limited data

Axis Bank Magnus

Confidence: Low (limited information available)

Verify with issuer

ICICI Bank Emeralde

Confidence: Low (limited information available)

Verify with issuer

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

Magnus: ~₹600/month at base rate
Emeralde: Base earn not clearly specified

Illustrative only, using current base rates before caps.

Swipe for all fields

Field	Magnus Axis Bank	Emeralde ICICI Bank
Lounge Access
Domestic lounge visits Missing for one or more cards	Not specified	Not specified
Forex / International Use
Forex markup	2%	2%
Fees
Annual fee ₹12,500 vs ₹12,000	₹12,500	₹12,000
Joining fee ₹12,500 vs ₹12,000	₹12,500	₹12,000
Fee waiver spend ₹25,00,000 vs ₹10,00,000	₹25,00,000	₹10,00,000
Interest-free period Up to 50 days vs Up to 48 days	Up to 50 days	Up to 48 days
Rewards
Points per ₹100	6 pts / ₹100	6 pts / ₹100
Conservative base value ~1.2% vs Not safely INR-comparable	~1.2%	Not safely INR-comparable
Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. Only available for Magnus	₹0.2	Not specified

Notes

Some data has low confidence — verify with the issuer before relying on it.
Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.