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

Times Black ICICI Bank Credit Card has lower forex markup (1.49% vs 2%).

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

Axis Bank Magnus Credit Card has a lower annual fee (₹12,500 vs ₹20,000).

Which card offers better lounge access?

Axis Bank Magnus Credit Card: Unlimited domestic lounge. Times Black ICICI Bank 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 ~2%).

Pairwise comparison Add another card →

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

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

Travel ICICI Bank Times Black Forex ICICI Bank Times Black 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

Times Black ICICI Bank

Annual fee ₹20,000 Waivable at ₹25,00,000 spend
Forex markup 1.49%
Domestic lounge Unlimited

Reward earning explained

Per card

Magnus

5 pts / ₹100 on General spend

Limited data

Times Black

2 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 ICICI Bank Times Black: ₹20,000), forex markup (2% vs 1.49%), or lounge access (Unlimited vs Unlimited).

Travel ICICI Bank Times Black wins

ICICI Bank Times Black is better for travel

ICICI Bank Times Black is stronger here. ICICI Bank Times Black is cheaper for international spend (1.49% vs 2% forex).

Magnus: Limited data Times Black: Limited data
Forex markup ICICI Bank Times Black wins

ICICI Bank Times Black is better for forex

ICICI Bank Times Black is stronger here. ICICI Bank Times Black has a lower forex markup (1.49% vs 2%).

Magnus: Limited data Times Black: 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. Axis Bank Magnus returns ~5.0% vs ICICI Bank Times Black's ~2.0% at base spend.

Magnus: Limited data Times Black: 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 ₹20,000).

Magnus: Limited data Times Black: Limited data
upi Tie

Both cards are similar for UPI usage

Visa 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
Times Black ICICI Bank: ~₹1,000/month at base rate

Illustrative only, using current base rates before caps.

Field	Magnus Axis Bank	Times Black ICICI 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 1.49%	2%	1.49%
Fees
Annual fee ₹12,500 vs ₹20,000	₹12,500	₹20,000
Joining fee ₹12,500 vs ₹20,000	₹12,500	₹20,000
Fee waiver spend	₹25,00,000	₹25,00,000
Rewards
Points per ₹100 5 pts vs 2 pts	5 pts	2 pts
Point cash value	₹1	₹1

Notes

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