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

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

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

Both cards have the same annual fee (₹12,500).

Which card offers better lounge access?

Axis Bank Magnus Credit Card: Unlimited domestic lounge. Kotak White 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 ~2%).

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

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

Rewards → Axis Bank Magnus Axis Bank Magnus is stronger here. Axis Bank Magnus returns ~5.0% vs Kotak Mahindra Bank White Reserve's ~2.0% at base spend.

upi → Kotak Mahindra Bank White Reserve Kotak Mahindra Bank White Reserve is stronger here. Supports UPI via RuPay network.

Quick comparison

Feature	Magnus	White Reserve
Annual fee	₹12,500 Waivable at ₹25,00,000 spend	₹12,500 Waivable at ₹10,00,000 spend
Forex fee	2%	2%
Domestic lounge	Unlimited	Unlimited

Fees: Tie

Confidence: High

Forex: Tie

Confidence: High

Lounge: Tie

Confidence: Medium (verify with issuer)

Confidence varies by card — verify issuer terms

Magnus 5 pts / ₹100 on General spend Strong data

White Reserve 2% on General spend Strong data

Pick based on what matters

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

Both cards are similar for travel Strong data vs Strong data Forex markup is 2%.
Both cards are similar for forex Strong data vs Strong data Forex markup is 2%.
Both cards are similar for lounge access Domestic lounge access is unlimited.
Axis Bank Magnus is better for rewards Strong data vs Strong data Axis Bank Magnus is stronger here. Axis Bank Magnus returns ~5.0% vs Kotak Mahindra Bank White Reserve's ~2.0% at base spend.
Both cards are similar for fees Strong data vs Strong data Annual fee is ₹12,500.
Kotak Mahindra Bank White Reserve is better for UPI usage Kotak Mahindra Bank White Reserve is stronger here. Supports UPI via RuPay network.

Explore: Axis Bank Magnus card page · Kotak Mahindra Bank White Reserve card page · best credit cards in India

If this pair is close, these are the next useful side-by-side checks.

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

Magnus: ~₹2,500/month at base rate
Kotak White Reserve: ~₹1,000/month at base rate

Illustrative only, using current base rates before caps.

	Magnus Axis Bank	White Reserve Kotak Mahindra Bank
Lounge Access
Domestic lounge visits	Unlimited	Unlimited
Forex / International Use
Forex markup	2%	2%
Fees
Annual fee	₹12,500	₹12,500
Joining fee	₹12,500	₹12,500
Fee waiver spend ₹25,00,000 vs ₹10,00,000	₹25,00,000	₹10,00,000
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.

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

Quick comparison

Pick based on what matters

Related comparisons

Example usage at this monthly spend

Notes