Axis Magnus vs Axis Burgundy Private (2026)
Axis Burgundy Private vs Axis Magnus: which wins?
₹1,96,848ranking value a year at ₹3L a month, to Axis Magnus
Skip the duel — the board, ranked → · nothing to sign up for
Same points, same partner board — 27 live transfer routes each, so this one is decided on earn and fee, nothing else: 2.4% at ₹12,500/yr against 6.0% at ₹1,00,000/yr.
Axis Magnus out-earns Axis Burgundy Private at every spend level we model, from ₹25k to ₹5L a month.
Every metric, row by row — 12 compared
Head to head
| Axis Magnus | Metric | Axis Burgundy Private |
|---|---|---|
| #5 | Our rank | invite-only |
| ₹12,500/yr — wins this row | Fee — joining · annual (+ GST) | ₹1,00,000/yr |
| ₹25,00,000 spend | Fee waiver | By relationship |
| 2% + GST. Dynamic currency conversion markup 2% since 28 August 2026, up from 1.5% — NOT the bank-wide 3.5% — per Magnus's own revision notice | Forex markup | Nil — no foreign-currency markup, and Nil dynamic-currency-conversion markup too; the 12-Aug-2026 KFS named THREE Axis cards at zero DCC — Burgundy Private, PRIMUS and OLYMPUS — but the 18-Aug-2026 edition moved OLYMPUS into the 1.8% clause from 28 August 2026, leaving Burgundy Private and PRIMUS as the two — wins this row |
| 3.0%/mo (42.58%/yr, compounded as quoted by Axis) | APR | 1.5% p.m. (19.56% p.a.) — the lowest rate Axis publishes, per the bank's own Key Fact Sheet (sosc-credit-cards.pdf); corrects CardExpert's "nil interest" launch claim |
| 2.4% | Headline earn rate | 6.0% — wins this row |
| Axis EDGE Reward Points | Currency | Axis EDGE Reward Points |
| ₹0.40/pt | House value | ₹0.40/pt |
| ₹12,500 voucher — Luxe, Postcard Hotels or Yatra | Welcome benefit | None — the card ships bare; the ₹1,00,000 fee reads Nil for the Burgundy Private clients who are the only people allowed to hold it |
| 667 of 793 | Lounge doors opened | 667 of 793 |
| ₹24L+/yr | Income — salaried | No income route — invite-only: Burgundy Private banking relationship with ₹5 Cr+ total relationship value |
| ₹24L+/yr | Income — self-employed | 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 →
The ₹ face-off at ₹1L/₹3L/₹5L a month
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 Magnus out-earns Axis Burgundy Private at every spend level we model, from ₹25k to ₹5L a month.
How the gap moves with spend — a 20-step sweep from ₹0.25L to ₹5L/month
How the gap moves with spend
Axis Magnus leads at all 20 steps, but not by the same amount: ₹79,004 at ₹0.25L a month, ₹1,23,280 at ₹5L — the gap fans out with spend, widest at ₹5L (₹1,23,280).
Axis Magnus runs a 12.0% booster on Travel Edge portal, where Axis Burgundy Private earns one flat rate.
Axis Magnus draws above the line, Axis Burgundy Private below · ₹0.25L to ₹5L a month, step by step
| Monthly spend | Axis Magnus | Axis Burgundy Private | In front |
|---|---|---|---|
| ₹0.25L | −₹2,996 | −₹82,000 | Axis Magnus by ₹79,004 |
| ₹0.5L | ₹6,508 | −₹64,000 | Axis Magnus by ₹70,508 |
| ₹0.75L | ₹16,012 | −₹46,000 | Axis Magnus by ₹62,012 |
| ₹1L | ₹25,516 | −₹28,000 | Axis Magnus by ₹53,516 |
| ₹1.25L | ₹35,020 | −₹10,000 | Axis Magnus by ₹45,020 |
| ₹1.5L | ₹44,524 | ₹8,000 | Axis Magnus by ₹36,524 |
| ₹1.75L | ₹67,828 | ₹26,000 | Axis Magnus by ₹41,828 |
| ₹2L | ₹91,132 | ₹44,000 | Axis Magnus by ₹47,132 |
| ₹2.25L | ₹1,26,936 | ₹62,000 | Axis Magnus by ₹64,936 |
| ₹2.5L | ₹1,50,240 | ₹80,000 | Axis Magnus by ₹70,240 |
| ₹2.75L | ₹1,73,544 | ₹98,000 | Axis Magnus by ₹75,544 |
| ₹3L | ₹1,96,848 | ₹1,16,000 | Axis Magnus by ₹80,848 |
| ₹3.25L | ₹2,20,152 | ₹1,34,000 | Axis Magnus by ₹86,152 |
| ₹3.5L | ₹2,43,456 | ₹1,52,000 | Axis Magnus by ₹91,456 |
| ₹3.75L | ₹2,66,760 | ₹1,70,000 | Axis Magnus by ₹96,760 |
| ₹4L | ₹2,90,064 | ₹1,88,000 | Axis Magnus by ₹1,02,064 |
| ₹4.25L | ₹3,13,368 | ₹2,06,000 | Axis Magnus by ₹1,07,368 |
| ₹4.5L | ₹3,36,672 | ₹2,24,000 | Axis Magnus by ₹1,12,672 |
| ₹4.75L | ₹3,59,976 | ₹2,42,000 | Axis Magnus by ₹1,17,976 |
| ₹5L | ₹3,83,280 | ₹2,60,000 | Axis Magnus by ₹1,23,280 |
Transfer reach — 27 shared live routes
Transfer reach
Both cards earn Axis EDGE Reward Points, so the partner list is identical — 27 live transfer routes each. The ratios are not: see below.
3 shared routes — the full partner lists
Both reach
- Singapore Airlines KrisFlyer 5:2 vs 5:4
- Finnair Plus (Avios) 5:1 vs 5:4
- Qatar Airways Privilege Club (Avios) 5:1 vs 5:4
Full route maps on each card page, best ₹/point routes on the optimizer →
What to watch out for — 6 points
What to watch out for
Axis Magnus · 6 more →
- The up-to-25,000 EDGE Miles monthly milestone is gone — the accelerated tier is all that's left
- Marriott is still gone and ITC left the 25 Sep 2026 grid. Accor returned, but at 5:1 with BA, Finnair, Qatar, Cathay, IndiGo and Lotusmiles — not the 5:2 standard
- Since Jun-2025 the 35/₹200 tier caps at (credit limit + ₹1.5L) a calendar month — spend past that ceiling drops back to 12 per ₹200, so recycling is dead
Axis Burgundy Private · 3 more →
- Invite-only behind a ₹5 Cr Burgundy Private Total Relationship Value — EXCLUDING demat — so the fee is Nil but the door costs crores
- ₹1,00,000 + GST surfaces if the private-banking relationship lapses or you downgrade out — that lapse fee DOUBLED from ₹50,000 on 1 Sep 2026, and TRV is tested in the month before your card anniversary month, so a relationship that slipped in the wrong month bills six figures
- Aug–Nov 2026 revision package: since 28 Aug 2026 Priority Pass no longer opens Indian domestic lounges (present The One Card itself; PP stays for international and post-immigration lounges), and from 15 Nov 2026 the bundled memberships renew only with your explicit consent
The call
For the ₹1L/month spender, Axis Magnus nets ₹25,516 against −₹28,000 — a ₹53,516 gap. At ₹5L/month, Axis Magnus nets ₹3,83,280 against ₹2,60,000 — a ₹1,23,280 gap. Lounge chasers get no tiebreak here: both open 667 of 793 tracked doors.
Our standing verdicts: Axis Magnus — Keep; Axis Burgundy Private — Keep. Axis Magnus takes 4 of the 6 rounds we can score — that's the overall call. Your spend pattern can overrule us: run your exact numbers →
Common questions — 5 answered
Straight answers
Which is better, Axis Magnus or Axis Burgundy Private?
Axis Magnus. Axis Magnus takes 4 of the 6 rounds we can score. Axis Magnus out-earns Axis Burgundy Private at every spend level we model, from ₹25k to ₹5L a month.
Axis Magnus or Axis Burgundy Private — which earns more at ₹3L a month?
At ₹3L a month, Axis Magnus nets ₹1,96,848 against ₹1,16,000 — a ₹80,848 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 or Axis Burgundy Private?
Axis Magnus — ₹12,500/yr against ₹1,00,000/yr. Axis Magnus waives its fee at ₹25,00,000 of spend; Axis Burgundy Private at no spend level — the waiver rides the banking relationship, not the swipe.
Which gets you into more airport lounges, Axis Magnus or Axis Burgundy Private?
Lounge chasers get no tiebreak here: both open 667 of 793 tracked doors. 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 2026-09-25. 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.
Verified against Axis Bank and Axis Bank's own documents on · the ranking model, at our house ₹/point
Every document behind this page — 17 of them, each with the day we read it
- official Magnus revision T&C PDF (eff. 20-Jun-2025) — 12 EDGE REWARD Points per ₹200 up to ₹1.5L a calendar month, 35 per ₹200 above it only up to (credit limit + ₹1.5L)
- official Axis Bank Magnus product page — welcome voucher worth ₹12,500 (Luxe, The Postcard Hotels or Yatra), unlimited domestic lounge visits
- official Axis Bank Key Fact Sheet, updated 12-Aug-2026 — Magnus joining ₹12,500 / annual ₹12,500 (Nil for a Burgundy Salary Account opened on or after 1 Jul 2026)
- official Axis's Magnus-specific revision notice — effective 28 Aug 2026: "Dynamic Currency Conversion markup will be revised to 2% from 1.5%"
- official Axis Bank Domestic Airport Lounge Access Program — Magnus sits in Set B with unlimited complimentary access, and is NOT on the list of cards exempted from the ₹50,000
- official Axis Bank Points/Miles Transfer ratio table — "Reserve & Magnus credit card: 5 EDGE REWARD Points = 2 Partner Points", against 5:4 for Burgundy Private and Magnus for Burgundy
- community CardExpert review (portal earn + transfer caps)
- community CardInsider review
- community Apr-2026 partner purge
- community CardMaven — card network Visa Infinite (Mastercard World variant also issued)
- community CardMaven forum — Magnus RuPay live (Oct–Dec 2025), same fee & rewards
- community CardInsider forex table — Magnus 2% forex markup (below the 3.5% Axis standard)
- official Axis Bank Burgundy Private — The One Card (the canonical official page; the old /burgundy-private/credit-card path 404s): 15 EDGE REWARD points per ₹200, no forex mark-up
- official Axis revision T&C PDF — annual fee revised ₹50,000 → ₹1,00,000 + GST w.e.f. 01-09-2026 when the ₹5 Cr TRV lapses; Priority Pass invalid at Indian domestic lounges from 28-08-2026
- community CardInsider — invite-only at ₹5 Cr TRV, 15 EDGE RP/₹200, exclusions + 6,000 RP/month insurance cap, welcome Nil; still prints the pre-1-Sep-2026 ₹50,000 fee, so it lags Axis
- community CardExpert launch review — Visa Infinite metal, ₹5 Cr+ net relationship value, 8 meet-and-assist services, Dec-2019 launch
- community PointsMath Axis transfer grid — dedicated column "Burgundy Pvt The One Metal" at 5:4 on every partner incl; the Apr-2026 adds (cells read "5:4(5:2 M4B)")