Axis Magnus for Burgundy vs Axis Burgundy Private (2026)
The velvet rope vs the invite-only vault — ₹30,000 behind a Burgundy account against a ₹5 Cr relationship where every fee reads Nil and even the Apr-2026 partners stay 5:4.
Head to head
| Metric | Axis Magnus for Burgundy | Axis Burgundy Private |
|---|---|---|
| Our rank | #3 | #9 |
| Annual fee | ₹30,000 + GST | ₹50,000 + GST |
| Fee waiver | ₹30,00,000 spend | None |
| Forex markup | 2% + GST | Nil — no foreign-currency markup (CardInsider + CardExpert agree) |
| APR | 3.0%/mo (42.58%/yr, compounded as quoted by Axis) | Nil — no interest charges per CardExpert's launch coverage; Axis publishes no fetchable MITC for the card |
| Effective reward rate | 4.8% | 6.0% |
| Currency | Axis EDGE Reward Points | Axis EDGE Reward Points |
| House value | ₹0.40/pt | ₹0.40/pt |
| Welcome benefit | ₹5,000 flight / Luxe / Postcard voucher (new applications) | None — the card ships bare; the ₹50,000 fee reads Nil for the Burgundy Private clients who are the only people allowed to hold it |
| Lounge doors opened | 602 of 663 | 607 of 663 |
| Income — salaried | Burgundy relationship required — official criteria: net salary credit above ₹3L/month in an Axis Salary Account, or ₹10L AMB in savings, or ₹30L TRV (₹1Cr incl. demat) | No income route — invite-only: Burgundy Private banking relationship with ₹5 Cr+ total relationship value |
| Income — self-employed | Same Burgundy gates via balances: ₹10L AMB in savings or ₹30L TRV (₹1Cr incl. demat), consistently maintained through the month | Same gate — the ₹5 Cr+ private-banking relationship is the underwriting |
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.
It swings with spend: Axis Magnus for Burgundy at ₹1L/month, Axis Magnus for Burgundy at ₹3L/month, Axis Magnus for Burgundy at ₹5L/month.
Transfer reach
Both cards earn Axis EDGE Reward Points, so the partner list is identical — 23 live transfer routes each. The ratios are not: see below.
Both reach
- Singapore Airlines KrisFlyer 5:4
- British Airways Executive Club (Avios) 5:2 vs 5:4
- Finnair Plus (Avios) 5:2 vs 5:4
Full route maps on each card page, best ₹/point routes on the optimizer →
The call
For the ₹1L/month spender, Axis Magnus for Burgundy nets ₹27,600 against ₹22,000 — a ₹5,600 gap. At ₹5L/month, Axis Magnus for Burgundy nets ₹6,74,400 against ₹3,10,000 — a ₹3,64,400 gap. Lounge chasers: Axis Burgundy Private opens 607 of 663 tracked doors to Axis Magnus for Burgundy's 602.
Our standing verdicts: Axis Magnus for Burgundy — Keep; Axis Burgundy Private — Keep. On our board, Axis Magnus for Burgundy sits at #3 to Axis Burgundy Private's #9 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →