Axis Horizon vs Axis Magnus (legacy) (2026)
₹3,000 of honest miles vs ₹12,500 of milestone firepower — Horizon wins under ₹1.75L a month, Magnus buries it above.
Head to head
| Metric | Axis Horizon | Axis Magnus (legacy) |
|---|---|---|
| Our rank | #28 | #6 |
| Annual fee | ₹3,000 + GST | ₹12,500 + GST |
| Fee waiver | None | ₹25,00,000 spend |
| Forex markup | 3.5% + GST | 2% + GST |
| APR | 3.75%/mo (55.55%/yr, compounded as quoted by Axis) | 3.0%/mo (42.58%/yr, compounded as quoted by Axis) |
| Effective reward rate | 2.0% | 2.4% |
| Currency | Axis EDGE Miles | Axis EDGE Reward Points |
| House value | ₹2.00/pt | ₹0.40/pt |
| Welcome benefit | 5,000 EDGE Miles on ₹1,000+ cumulative spends within 30 days (paid cards only) | ₹12,500 voucher — Luxe, Postcard Hotels or Yatra |
| Lounge doors opened | 107 of 644 | 588 of 644 |
| Income — salaried | not published | ₹24L+/yr |
| Income — self-employed | not published | ₹24L+/yr |
Gold marks the better side of a row. House value is our ₹-per-point mark for each card's currency — the full valuation index →
Net annual value face-off
Everyday spend at each card's base rate plus a realistic ~20% at its best accelerator (less for narrow or capped boosters) — milestones, fee waivers and the redemption haircut all at our house ₹/point. That's why the biggest headline rate doesn't automatically win. Tune it to your own spend in the calculator.
Axis Horizon wins under ₹1.25L/month; Axis Magnus (legacy) takes over above it.
Transfer reach
Both reach
- Singapore Airlines KrisFlyer 1:1 vs 5:2
- British Airways Executive Club (Avios) 2:1 vs 5:1
- Finnair Plus (Avios) 2:1 vs 5:1
Full route maps on each card page, best ₹/point routes on the optimizer →
The call
For the ₹1L/month spender, Axis Horizon nets ₹26,100 against ₹25,516 — a ₹584 gap. At ₹5L/month, Axis Magnus (legacy) nets ₹3,83,280 against ₹1,36,500 — a ₹2,46,780 gap. Lounge chasers: Axis Magnus (legacy) opens 588 of 644 tracked doors to Axis Horizon's 107.
Our standing verdicts: Axis Horizon — Keep; Axis Magnus (legacy) — Keep. On our board, Axis Magnus (legacy) sits at #6 to Axis Horizon's #28 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →