Axis Bank Magnus for Burgundy Credit Card

Are you a high-income earner looking for a credit card that gives you luxury benefits and great rewards? The Axis Bank Magnus for Burgundy Credit Card might be just what you need. This credit card was launched in late 2023 and is specially designed for Burgundy account holders of Axis Bank. It combines luxury travel, exclusive lounge access, better reward points, and higher limits on converting points into miles.

This card is ideal for those who love traveling, dining at fine restaurants, and enjoying premium services. But with a high joining fee and changing benefits, is it still worth it in 2025? This article will answer all your questions in simple words. We will explain the card’s benefits, updated reward structure, eligibility, and how to apply. We will also compare it with the regular Magnus Credit Card and include FAQs to clear all doubts.

Let’s explore if this premium card suits your lifestyle and needs.

What is the Axis Bank Magnus for Burgundy Credit Card?

The Axis Bank Magnus for Burgundy Credit Card is a super-premium credit card. It is only available to customers who hold a Burgundy account with Axis Bank. The card offers more benefits than the regular Axis Magnus Credit Card and is made for those who maintain a high relationship value with the bank.

The card was launched in late 2023 and has become popular among those who travel often and like premium services.

Key Features of Axis Magnus for Burgundy Credit Card

Below is a list of features and benefits of this credit card explained in simple language.

1. Welcome Benefits

When you get the card, you will receive one of the following welcome gifts:

A one-way domestic flight ticket (economy class), or
A ₹5,000 gift voucher for Luxe or Postcard Hotels

Note: This welcome benefit is less than the ₹12,500 offered with the regular Magnus Card.

2. Airport Lounge Access

The card gives unlimited access to airport lounges in India and abroad.
However, as of May 2024, you need to spend at least ₹50,000 in the past 3 months to get this benefit.

3. Dining Benefits

You can get up to 30% discount at more than 4,000 top restaurants in India.
This makes it perfect for people who enjoy fine dining regularly.

4. Travel Benefits

You can earn extra reward points when you book flights or hotels using the Axis Bank Travel EDGE portal.
You can also transfer your points to popular airline and hotel partners.

5. Insurance & Security

The card offers:

Lost card liability cover
Purchase protection
Air accident cover
Travel insurance

This helps protect your money in case of unexpected events.

Rewards Program – Updated in June 2025

Axis Bank revised the rewards system for this card in June 2025.

Here is how the new reward system works:

You earn 12 EDGE Reward Points per ₹200 spent up to ₹1.5 lakh per month.
Once you cross ₹1.5 lakh in spending in the same month, you earn 35 points per ₹200 — but only up to your credit limit + ₹1.5 lakh.
After that limit, it goes back to 12 points per ₹200.

Important Notes:

No rewards on spends like fuel, utility bills, insurance, and gold purchases.
This change is seen as a downgrade by many users, especially those who spend a lot.

Partner Miles Conversion – A Big Benefit

One of the main reasons people choose this card is the partner miles conversion system.

Here’s how it works:

For every 5 EDGE Reward Points, you get 4 partner miles (compared to 2 miles in the regular Magnus card).
You can transfer up to 10 lakh EDGE Reward Points per year.

Transfer Partner List

Group A (Max 2 lakh points/year):

Accor Live Limitless
Air Canada (Aeroplan)
Etihad Guest
Qatar Airways
Singapore Airlines
Turkish Airlines
United Airlines
Marriott Bonvoy
Thai Airways
Japan Airlines
Ethiopian Airlines
Wyndham Rewards

Group B (Max 8 lakh points/year):

Air India
Air Asia
ITC Hotels
IHG Hotels
Qantas
SpiceJet

Comparison: Magnus vs. Magnus for Burgundy

Let’s compare the two versions of the Magnus Credit Card in a simple table:

Feature	Magnus	Magnus for Burgundy
Welcome Voucher	₹12,500	₹5,000
Miles Conversion Rate	2:5	4:5
Annual Miles Transfer Limit	5 lakh points	10 lakh points
Group A Capping	1 lakh points/year	2 lakh points/year
Group B Capping	4 lakh points/year	8 lakh points/year
Lounge Access	Unlimited (conditions apply)	Unlimited (₹50k spend needed per 3 months)

Axis Bank Magnus for Burgundy Credit Card – Charges

Joining Fee: ₹30,000 + GST

Annual Fee: ₹30,000 + GST
Fee Waiver: Not available; this card is no longer lifetime free.

Many users had the chance to get it free for life in 2023, but that offer is now closed.

Who Can Apply? – Eligibility Criteria

This card is not for everyone. You must meet Burgundy Relationship Eligibility.

Here are the different ways you can qualify:

Maintain ₹10 lakh average quarterly balance in savings/current accounts
Or have a Total Relationship Value (TRV) of:
- ₹30 lakh in Axis Bank accounts, OR
- ₹1 crore including demat and investment accounts
If salaried, your salary must be:
- At least ₹3 lakh/month in Axis Salary Account
For NRIs:
- Must have received ₹40 lakh via inward remittance

Only your individual Axis Bank Customer ID is considered — not your family’s combined accounts.

How to Apply for the Axis Magnus for Burgundy Credit Card

This card is not available for public application online. Here’s how to apply:

If you are eligible, call Axis Bank at 1800 419 0065
Ask for a Magnus for Burgundy Credit Card upgrade
Provide your customer ID and relationship details
Wait for verification and approval

Should You Get This Card?

Pros:

Great for high spenders who love travel rewards
Double partner miles compared to regular Magnus
High annual points transfer limit
Unlimited lounge access (with spending condition)
Dining, travel, and insurance benefits

Cons:

High joining/annual fee of ₹30,000 + GST
Reward rate downgraded after recent update
Lounge access now comes with a minimum spend condition
Welcome benefit reduced to ₹5,000

FAQs – Frequently Asked Questions

Q1. What is the annual fee of the Axis Magnus for Burgundy Credit Card?
A: ₹30,000 + GST. No waiver is available now.

Q2. Who can apply for this card?
A: Only Axis Bank Burgundy account holders who meet certain wealth criteria.

Q3. How many reward points do I earn per spend?
A: 12 points per ₹200 till ₹1.5 lakh/month, then 35 points per ₹200 till credit limit + ₹1.5 lakh, then back to 12 points.

Q4. Can I transfer points to airline miles?
A: Yes, to many airline and hotel partners at a 4:5 ratio.

Q5. Is lounge access free for everyone?
A: No. You must spend ₹50,000 in the last 3 months to get lounge access.

Q6. How is it better than the regular Magnus card?
A: Better miles conversion and higher transfer limits.

Conclusion

The Axis Bank Magnus for Burgundy Credit Card is a powerful credit card made for wealthy individuals who want top-tier travel and lifestyle perks. While recent changes like reduced welcome benefits and new lounge access conditions may disappoint some users, the double partner mile ratio and high rewards cap still make it one of the best travel cards in India — if you can meet the eligibility and spending requirements.

If you are a Burgundy customer and spend heavily on travel, this card can help you earn and redeem miles faster than ever. But always calculate the value you’re getting back from the card before committing to the high fees.