Axis Magnus Card Devaluation

we would like to update you regarding a few changes to the features on your Credit Card, effective 20th April 2024:

• Spends on insurance, gold/jewellery & fuel will not be eligible for EDGE REWARD Points and for calculating annual spends for fee waiver.

• All partners under Miles Transfer Program are classified into two groups (Group A & Group B). For redemption, you will be able to transfer:
  • Maximum of 1 lakh EDGE REWARD Points cumulatively to Group A partners.
  • Maximum of 4 lakh EDGE REWARD Points cumulatively to Group B partners.
    For details on Groups A & B, please click here.

• While you and Add-on card holder continue to enjoy complimentary domestic airport lounge visits; the complimentary guest visits have been revised from 8 to 4 visits in a calendar year.

• While you continue to enjoy complimentary international airport lounge visits; the complimentary guest visits have been revised from 8 to 4 visits in a card anniversary year.

• The offer on BookMyShow, complimentary services of 24*7 concierge and Airport Meet & Assist will be discontinued.

• Effective 1st May 2024, access to domestic airport lounges will be based on a minimum eligible spend of Rs. 50,000 in the previous 3 calendar months. In the case of a newly issued card, the minimum spend criteria is waived for the month of card issuance as well as for the following 3 calendar months. For more details, please click here.