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Axis Magnus vs HDFC Diners Club Black Metal

Verified 23 sources

Your monthly spend

HDFC Diners Club Black Metal beats Axis Magnus by ₹6,500 a year at ₹30,000 a month: ₹1,300 against −₹5,200, after fees

HDFC Diners Club Black Metal beats Axis Magnus by ₹22,600 a year at ₹75,000 a month: ₹28,200 against ₹5,600, after fees

HDFC Diners Club Black Metal beats Axis Magnus by ₹72,500 a year at ₹1.5 lakh a month: ₹96,300 against ₹23,800, after fees

HDFC Diners Club Black Metal beats Axis Magnus by ₹23,800 a year at ₹3 lakh a month: ₹1,52,700 against ₹1,28,900, after fees

Axis Magnus beats HDFC Diners Club Black Metal by ₹42,200 a year at ₹5 lakh a month: ₹2,70,000 against ₹2,27,800, after fees

Axis Magnus credit card

Axis Bank

Axis Magnus

Our verdict: Keep

HDFC Diners Club Black Metal credit card

HDFC Bank

HDFC Diners Club Black Metal

Our verdict: Keep

HDFC Diners Club Black Metal vs Axis Magnus: which should you pick?

The two transferable-points cards a heavy spender shortlists, and monthly spend decides it. Magnus pays 12 EDGE points per ₹200 up to ₹1.5L a month and 35 per ₹200 on every rupee above, moving 5:2 to 27 programmes including KrisFlyer; Diners Black pays 5 HDFC points per ₹150 from the first rupee, moving 1:1 to KrisFlyer among 22 partners. Diners Black wins under ₹3.75L a month; Magnus takes over from ₹3.75L. ₹12,500 waived only at ₹25,00,000 of spend against ₹10,000 waived at ₹8,00,000, and both charge 2% abroad. Magnus opens unlimited Priority Pass lounges abroad and unlimited domestic visits on ₹50,000 of spend in the previous three months; Diners Black opens unlimited Diners Club lounges, a much shorter list of doors.

Most people should pick HDFC Diners Club Black Metal: it is the better card until ₹3.75 lakh a month, and only heavier spenders get more from Axis Magnus, ₹42,200 a year more at ₹5 lakh. At ₹75,000 a month much of HDFC Diners Club Black Metal's edge is the fee: its fee is waived at that spend, while Axis Magnus charges ₹12,500. Axis Magnus is the better pick if airport lounges matter more to you than the money: it gets you into 667 of the lounges we track to HDFC Diners Club Black Metal's 91, or if you want to move points to airlines and hotels: its points reach 27 transfer partners to HDFC Diners Club Black Metal's 22.

Axis Magnus review HDFC Diners Club Black Metal review

Side by side

Axis Magnus and HDFC Diners Club Black Metal, fact by fact
FactAxis MagnusHDFC Diners Club Black Metal
Can you get itOpen to applyOpen to apply
Fee (joining · annual, + GST)₹12,500/yr₹10,000/yr✓ Better
Fee waiverSpend ₹25,00,000 a yearSpend ₹8,00,000 a year
Reward rate on everyday spend2.4%3.3%✓ Better
PointsAxis EDGE Reward PointsHDFC Reward Points
Our value per point₹0.40₹1.00
Transfer partners27✓ Better22
Lounges it gets you into667 of 792✓ Better91 of 792
Forex markup2% + GST2% + GST
Welcome benefit₹12,500 voucher — Luxe, Postcard Hotels or YatraClub Marriott, Amazon Prime & Swiggy One on ₹1.5L spend in 90 days — HDFC's own page says the Swiggy One leg is ANNUAL in one block and 3 MONTHS in another

✓ Better marks the side that wins a row; rows that compare unlike things are not scored. HDFC Diners Club Black Metal is ahead on 8 of the 11 rows we can call.

More facts 8 rows
Rank, verdict, lounge visits and fine print
FactAxis MagnusHDFC Diners Club Black Metal
Our rank#4#2✓ Better
Our verdictKeepKeep
Lounge visits in IndiaUnlimited at the 20 rooms on Axis's Set B list (primary + add-on)Unlimited (1,300+ Diners Club lounges)
Lounge visits abroadUnlimited (Priority Pass)Unlimited (Diners Club lounges)
Forex, in the bank’s words2% + 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 notice2% + GST
Interest (APR)3.0%/mo (42.58%/yr, compounded as quoted by Axis)1.99%/mo (23.88%/yr)
Income needed (salaried)₹24L+/yr₹2.5L+/month net
Income needed (self-employed)₹24L+/yrITR ₹30L+/yr

Our value per point is what we think a point is worth when you use it well; every currency's figure and its reasoning is on points values.

What each is worth to you

A year of rewards and bonuses, after the fee
Monthly spendAxis MagnusHDFC Diners Club Black Metal
At ₹30,000 a month−₹5,200₹1,300✓ Better
At ₹75,000 a month₹5,600₹28,200✓ Better
At ₹1.5 lakh a month₹23,800₹96,300✓ Better
At ₹3 lakh a month₹1,28,900₹1,52,700✓ Better
At ₹5 lakh a month₹2,70,000✓ Better₹2,27,800
Pays for itself from₹52,000 a month₹27,000 a month✓ Better

On an everyday mix of spending (groceries, bills, travel, fuel and the rest), using each card's own rules for each kind of spend. The same figures as each card's own page.

Every spend from ₹25,000 to ₹5 lakh 20 steps
Axis Magnus and HDFC Diners Club Black Metal at each ₹25,000 step
Monthly spendAxis MagnusHDFC Diners Club Black MetalAhead
₹25,000−₹6,500−₹600✓ BetterHDFC Diners Club Black Metal by ₹5,900
₹50,000−₹400₹8,800✓ BetterHDFC Diners Club Black Metal by ₹9,200
₹75,000₹5,600₹28,200✓ BetterHDFC Diners Club Black Metal by ₹22,600
₹1 lakh₹11,700₹37,600✓ BetterHDFC Diners Club Black Metal by ₹25,900
₹1.25 lakh₹17,700₹47,000✓ BetterHDFC Diners Club Black Metal by ₹29,300
₹1.5 lakh₹23,800₹96,300✓ BetterHDFC Diners Club Black Metal by ₹72,500
₹1.75 lakh₹29,800₹1,05,700✓ BetterHDFC Diners Club Black Metal by ₹75,900
₹2 lakh₹45,800₹1,15,100✓ BetterHDFC Diners Club Black Metal by ₹69,300
₹2.25 lakh₹63,500₹1,24,500✓ BetterHDFC Diners Club Black Metal by ₹61,000
₹2.5 lakh₹93,600₹1,33,900✓ BetterHDFC Diners Club Black Metal by ₹40,300
₹2.75 lakh₹1,11,200₹1,43,300✓ BetterHDFC Diners Club Black Metal by ₹32,100
₹3 lakh₹1,28,900₹1,52,700✓ BetterHDFC Diners Club Black Metal by ₹23,800
₹3.25 lakh₹1,46,500₹1,62,100✓ BetterHDFC Diners Club Black Metal by ₹15,600
₹3.5 lakh₹1,64,200₹1,71,500✓ BetterHDFC Diners Club Black Metal by ₹7,300
₹3.75 lakh₹1,81,800✓ Better₹1,80,900Axis Magnus by ₹900
₹4 lakh₹1,99,400✓ Better₹1,90,200Axis Magnus by ₹9,200
₹4.25 lakh₹2,17,100✓ Better₹1,99,600Axis Magnus by ₹17,500
₹4.5 lakh₹2,34,700✓ Better₹2,09,000Axis Magnus by ₹25,700
₹4.75 lakh₹2,52,400✓ Better₹2,18,400Axis Magnus by ₹34,000
₹5 lakh₹2,70,000✓ Better₹2,27,800Axis Magnus by ₹42,200
How we work out the yearly value

We put each card through the same everyday mix of spending, apply that card's own rules for each kind of spend (some earn nothing on fuel or bills), add its milestone and renewal bonuses at our value per point, and take off the fee unless that spend waives it. Bonus categories that need you to shop a certain way are not counted. Your own mix will differ: try your numbers in the calculator, or read how we value cards.

Before you choose

Transfer partners 27 and 22

Axis Magnus's Axis EDGE Reward Points move to 27 airline and hotel partners; HDFC Diners Club Black Metal's HDFC Reward Points move to 22.

The best-known partners both reach (points : miles)
PartnerAxis MagnusHDFC Diners Club Black Metal
Singapore Airlines KrisFlyer5:21:1
Finnair Plus (Avios)5:11:1
Qatar Airways Privilege Club (Avios)5:12:1

Only Axis Magnus: Ethiopian ShebaMiles, Hilton Honors, IndiGo BluChip.

Only HDFC Diners Club Black Metal: Marriott Bonvoy, Avianca LifeMiles, Club ITC.

Every partner and ratio is on each card's page; the best value for your points is on the transfer optimizer.

Watch out 6 points

Axis Magnus

  • 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

6 more on its page

HDFC Diners Club Black Metal

  • Diners acceptance still patchy internationally
  • Lower SmartBuy cap than Infinia (10,000 RP/mo vs 15,000) — shares the 3,000 RP/mo voucher sub-cap and 2026 trims
  • Carry a Visa/Mastercard backup for travel
Common questions 5 answered

Which is better, Axis Magnus or HDFC Diners Club Black Metal?

Most people should pick HDFC Diners Club Black Metal: it is the better card until ₹3.75 lakh a month, and only heavier spenders get more from Axis Magnus, ₹42,200 a year more at ₹5 lakh. At ₹75,000 a month much of HDFC Diners Club Black Metal's edge is the fee: its fee is waived at that spend, while Axis Magnus charges ₹12,500. Axis Magnus is the better pick if airport lounges matter more to you than the money: it gets you into 667 of the lounges we track to HDFC Diners Club Black Metal's 91, or if you want to move points to airlines and hotels: its points reach 27 transfer partners to HDFC Diners Club Black Metal's 22.

Axis Magnus or HDFC Diners Club Black Metal: which is worth more at ₹3 lakh a month?

HDFC Diners Club Black Metal beats Axis Magnus by ₹23,800 a year at ₹3 lakh a month. Both figures are a year's rewards and bonuses on an everyday spending mix, after the fee.

Which costs less to get, Axis Magnus or HDFC Diners Club Black Metal?

HDFC Diners Club Black Metal: ₹10,000/yr against ₹12,500/yr. Axis Magnus waives its fee if you spend ₹25,00,000 a year; HDFC Diners Club Black Metal waives its fee if you spend ₹8,00,000 a year.

Which gets you into more airport lounges, Axis Magnus or HDFC Diners Club Black Metal?

Axis Magnus: 667 of the 792 lounges we track, against 91 for HDFC Diners Club Black Metal. Visit limits and guest charges differ by card; each card's page lists them.

How current is this comparison?

Axis Magnus was last checked against its bank's own documents on 10 Oct 2026, HDFC Diners Club Black Metal on 24 Oct 2026. Every figure here is worked out again from those records each time the site is built, so a change to either card shows up the day we log it.

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Sources

Axis Magnus was last checked against its bank's own documents on 10 Oct 2026, HDFC Diners Club Black Metal on 24 Oct 2026. Every fact above comes from these 23 documents; the banks' own are marked official. A fact a bank does not publish shows as "not published", never as zero.

The documents 23 sources
  1. 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) read
  2. Official Axis Bank Magnus product page — welcome voucher worth ₹12,500 (Luxe, The Postcard Hotels or Yatra), unlimited domestic lounge visits read
  3. 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) read
  4. Official Axis's Magnus-specific revision notice — effective 28 Aug 2026: "Dynamic Currency Conversion markup will be revised to 2% from 1.5%" read
  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 read
  6. 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 read
  7. Community CardExpert review (portal earn + transfer caps) read
  8. Community CardInsider review read
  9. Community Apr-2026 partner purge read
  10. Community CardMaven — card network Visa Infinite (Mastercard World variant also issued) read
  11. Community CardMaven forum — Magnus RuPay live (Oct–Dec 2025), same fee & rewards read
  12. Community CardInsider forex table — Magnus 2% forex markup (below the 3.5% Axis standard) read
  13. Official Axis Bank master MITC for credit cards — the fees, charges and terms this card's MITC row is read from read
  14. Official Canonical product page — "Joining/Renewal Membership Fee – ₹10,000/- plus Applicable Taxes", the ₹8 lakh renewal-fee waiver, and the Swiggy One welcome term stated two different ways read
  15. Official HDFC Bank MITC / Key Fact Statement v4.15 (October 2026) — the ₹8 lakh waiver row, the 75,000-point statement-cycle ceiling, and no redemption processing fee on this card read
  16. Official SmartBuy core-offer T&C (window 01-09-2026 to 30-09-2026) — same 5X Flights / 10X Hotels engine as the Infinia, but 3X on Brand Vouchers where the Infinia keeps 5X read
  17. Official Product page (AMP mirror) — corroborates 5 RP/₹150, 10k/₹4L quarterly, the welcome trio on ₹1.5L/90d, unlimited lounge, 2% forex read
  18. Official Rewards T&C PDF (revision dated 26-Jun-2025) — the primary source for weekend dining: "2X Reward Points is applicable on spends at standalone restaurants during weekend" read
  19. Official The Metal edition's own Terms and Conditions, dated 1 June 2026 — the ₹1.5 lakh/90-day welcome trio, 10,000 points a quarter at ₹4 lakh, and 2X weekend dining read
  20. Community CardInsider — SmartBuy 10k cap + 3k voucher sub-cap (Jul-2026) read
  21. Community TechnoFino — the DCB→Infinia branch-upgrade route read
  22. Official HDFC Bank consolidated fees & charges PDF (KFS/MITC, v2.5, Mar-2025) — the fees, charges and terms this card's MITC row is read from read
  23. Official HDFC Bank Rewards Points Program T&C — the fuel, rent, government, wallet and EMI exclusions and the monthly category caps read

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