Axis Magnus for Burgundy vs Axis Olympus (2026)
Axis Bank's own upgrade question: ₹20,000/yr against ₹30,000/yr for 0.8pp more headline earn.
Head to head
| Axis Magnus for Burgundy | Metric | Axis Olympus |
|---|---|---|
| #3 — wins this row | Our rank | #8 |
| ₹30,000/yr | Fee — joining · annual (+ GST) | ₹20,000/yr — wins this row |
| ₹30,00,000 spend | Fee waiver | None |
| 2% + GST | Forex markup | 1.8% + GST — wins this row |
| 3.0%/mo (42.58%/yr, compounded as quoted by Axis) | APR | 3.6%/mo (43.2%/yr) |
| 4.8% — wins this row | Headline earn rate | 4.0% |
| Axis EDGE Reward Points | Currency | Axis EDGE Miles |
| ₹0.40/pt | House value | ₹2.00/pt |
| ₹5,000 voucher — Luxe gift card, The Postcard Hotels or Yatra (new cards only; customers upgraded from plain Magnus get nothing) | Welcome benefit | 2,500 EDGE Miles + ₹10,000 Taj/ITC hotel voucher — credited on activation and on EVERY renewal |
| 725 of 789 | Lounge doors opened | 732 of 789 — wins this row |
| 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) | Income — salaried | not published |
| Same Burgundy gates via balances: ₹10L AMB in savings or ₹30L TRV (₹1Cr incl. demat), consistently maintained through the month | Income — self-employed | not published |
Gold marks the better side of a row. House value is our ₹-per-point mark for each card's currency — the full valuation index →
Ranking-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. This is the ranking model, the one that orders the board; each card page prints the earn-rate-only net annual value instead, which reads lower for any card with an accelerator (both models, side by side). Tune it to your own spend in the calculator.
Axis Olympus wins under ₹1.75L/month; Axis Magnus for Burgundy takes over above it.
Where the lead changes hands
The lead changes hands at ₹1.75L a month: Axis Olympus is ahead by ₹29,400 at ₹0.25L, Axis Magnus for Burgundy by ₹3,98,400 at ₹5L.
Axis Olympus pays a renewal bonus whatever you spend, and Axis Magnus for Burgundy pays nothing to stay; Axis Olympus runs a 8.0% booster on International spends, where Axis Magnus for Burgundy earns one flat rate.
Axis Magnus for Burgundy draws above the line, Axis Olympus below · ₹0.25L to ₹5L a month, step by step
| Monthly spend | Axis Magnus for Burgundy | Axis Olympus | In front |
|---|---|---|---|
| ₹0.25L | −₹15,600 | ₹13,800 | Axis Olympus by ₹29,400 |
| ₹0.5L | −₹1,200 | ₹27,600 | Axis Olympus by ₹28,800 |
| ₹0.75L | ₹13,200 | ₹41,400 | Axis Olympus by ₹28,200 |
| ₹1L | ₹27,600 | ₹55,200 | Axis Olympus by ₹27,600 |
| ₹1.25L | ₹42,000 | ₹69,000 | Axis Olympus by ₹27,000 |
| ₹1.5L | ₹56,400 | ₹82,800 | Axis Olympus by ₹26,400 |
| ₹1.75L | ₹98,400 | ₹96,600 | Axis Magnus for Burgundy by ₹1,800 |
| ₹2L | ₹1,40,400 | ₹1,10,400 | Axis Magnus for Burgundy by ₹30,000 |
| ₹2.25L | ₹1,82,400 | ₹1,24,200 | Axis Magnus for Burgundy by ₹58,200 |
| ₹2.5L | ₹2,54,400 | ₹1,38,000 | Axis Magnus for Burgundy by ₹1,16,400 |
| ₹2.75L | ₹2,96,400 | ₹1,51,800 | Axis Magnus for Burgundy by ₹1,44,600 |
| ₹3L | ₹3,38,400 | ₹1,65,600 | Axis Magnus for Burgundy by ₹1,72,800 |
| ₹3.25L | ₹3,80,400 | ₹1,79,400 | Axis Magnus for Burgundy by ₹2,01,000 |
| ₹3.5L | ₹4,22,400 | ₹1,93,200 | Axis Magnus for Burgundy by ₹2,29,200 |
| ₹3.75L | ₹4,64,400 | ₹2,07,000 | Axis Magnus for Burgundy by ₹2,57,400 |
| ₹4L | ₹5,06,400 | ₹2,20,800 | Axis Magnus for Burgundy by ₹2,85,600 |
| ₹4.25L | ₹5,48,400 | ₹2,34,600 | Axis Magnus for Burgundy by ₹3,13,800 |
| ₹4.5L | ₹5,90,400 | ₹2,48,400 | Axis Magnus for Burgundy by ₹3,42,000 |
| ₹4.75L | ₹6,32,400 | ₹2,62,200 | Axis Magnus for Burgundy by ₹3,70,200 |
| ₹5L | ₹6,74,400 | ₹2,76,000 | Axis Magnus for Burgundy by ₹3,98,400 |
Transfer reach
Both reach
- Singapore Airlines KrisFlyer 5:4 vs 1:4
- Finnair Plus (Avios) 5:2 vs 1:2
- Qatar Airways Privilege Club (Avios) 5:2 vs 1:2
Full route maps on each card page, best ₹/point routes on the optimizer →
What to watch out for
Axis Magnus for Burgundy · 6 more →
- The famous up-to-25,000 EDGE Miles monthly milestone is gone — the accelerated 35/₹200 tier is all that's left
- The 35/₹200 tier caps at (credit limit + ₹1.5L)/month since Jun-2025
- New Apr-2026 partners (BA, Finnair, Vietnam, IndiGo) convert at 5:2, not the legacy 5:4
Axis Olympus · 4 more →
- Invite-only — built for Citi Prestige migrants and Axis clients spending ~₹30L/yr or earning ₹1.5Cr+
- Zero EDGE Miles on transport & tolls, utilities, insurance, education, government, wallet, rent and fuel — the exclusion list is the standard Axis one
- The 1:4 ratio is the whole engine; the April-2026 EDGE purge (Marriott/Accor gone) still applies — the returned Qatar prices Olympus at 1:2, half the flagship ratio
The call
For the ₹1L/month spender, Axis Olympus nets ₹55,200 against ₹27,600 — a ₹27,600 gap. At ₹5L/month, Axis Magnus for Burgundy nets ₹6,74,400 against ₹2,76,000 — a ₹3,98,400 gap. Lounge chasers: Axis Olympus opens 732 of 789 tracked doors to Axis Magnus for Burgundy's 725.
Our standing verdicts: Axis Magnus for Burgundy — Keep; Axis Olympus — Keep. On our board, Axis Magnus for Burgundy sits at #3 to Axis Olympus's #8 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →
Straight answers
Which is better, Axis Magnus for Burgundy or Axis Olympus?
Axis Magnus for Burgundy. It sits at #3 on our board to Axis Olympus's #8. They split the 8 rounds we can score 4–4; the board rank is the tiebreak. Axis Olympus wins under ₹1.75L/month; Axis Magnus for Burgundy takes over above it.
Axis Magnus for Burgundy or Axis Olympus — which earns more at ₹3L a month?
At ₹3L a month, Axis Magnus for Burgundy nets ₹3,38,400 against ₹1,65,600 — a ₹1,72,800 gap. Those are ranking-value figures: everyday spend at the card's base rate plus a realistic slice at its best accelerator, net of the fee.
Which costs less to hold, Axis Magnus for Burgundy or Axis Olympus?
Axis Olympus — ₹20,000/yr against ₹30,000/yr. Axis Magnus for Burgundy waives its fee at ₹30,00,000 of spend; Axis Olympus at no spend level — there is no waiver.
Which gets you into more airport lounges, Axis Magnus for Burgundy or Axis Olympus?
Lounge chasers: Axis Olympus opens 732 of 789 tracked doors to Axis Magnus for Burgundy's 725. Visit quotas, guest charges and spend gates are per card — the lounge map carries each one.
How current is this comparison?
Both card records were last re-verified against their issuers' own documents on 2026-08-05. Every figure on this page — the ranking values, the fee rows, the lounge counts, the transfer ratios — is recomputed from those records each time the site builds, so a devaluation changes the call the day we log it.