Axis Magnus (legacy) vs Axis Magnus for Burgundy (2026)
Same card, two fates: the 5:2 casualty vs the 5:4 survivor — is the Burgundy gate worth double the transfer ratio?
Head to head
| Metric | Axis Magnus (legacy) | Axis Magnus for Burgundy |
|---|---|---|
| Our rank | #6 | #3 |
| Annual fee | ₹12,500 + GST | ₹30,000 + GST |
| Fee waiver | ₹25,00,000 spend | ₹30,00,000 spend |
| Forex markup | 2% + GST | 2% + GST |
| APR | 3.0%/mo (42.58%/yr, compounded as quoted by Axis) | 3.0%/mo (42.58%/yr, compounded as quoted by Axis) |
| Effective reward rate | 2.4% | 4.8% |
| Currency | Axis EDGE Reward Points | Axis EDGE Reward Points |
| House value | ₹0.40/pt | ₹0.40/pt |
| Welcome benefit | ₹12,500 voucher — Luxe, Postcard Hotels or Yatra | ₹5,000 flight / Luxe / Postcard voucher (new applications) |
| Lounge doors opened | 588 of 644 | 583 of 644 |
| Income — salaried | ₹24L+/yr | 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 — self-employed | ₹24L+/yr | Same Burgundy gates via balances: ₹10L AMB in savings or ₹30L TRV (₹1Cr incl. demat), consistently maintained through the month |
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 Magnus (legacy) wins under ₹1L/month; Axis Magnus for Burgundy takes over above it.
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 5:2 vs 5:4
- British Airways Executive Club (Avios) 5:1 vs 5:2
- Finnair Plus (Avios) 5:1 vs 5:2
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 ₹25,516 — a ₹2,084 gap. At ₹5L/month, Axis Magnus for Burgundy nets ₹6,74,400 against ₹3,83,280 — a ₹2,91,120 gap. Lounge chasers: Axis Magnus (legacy) opens 588 of 644 tracked doors to Axis Magnus for Burgundy's 583.
Our standing verdicts: Axis Magnus (legacy) — Keep; Axis Magnus for Burgundy — Keep. On our board, Axis Magnus for Burgundy sits at #3 to Axis Magnus (legacy)'s #6 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →