Head-to-head · 🇮🇳 India
Axis ACE vs Axis Magnus
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
Axis Bank
Axis ACE
VISA
Wins 6 of 10
IN
Premium
Axis Bank
Axis Magnus
Wins 3 of 10
Verdict
Axis ACE wins 6-3. Bill payments + utilities + fuel — set-and-forget cashback Axis Magnus is still the right call if high-spenders post-2024 devaluation — still solid for ₹2l+/month travel..
Side-by-side
| Criterion | Axis ACE | Axis Magnus |
|---|---|---|
| Annual fee | ₹499 | · ₹12,500 |
| Joining fee | ₹499 | · ₹12,500 |
| Top reward rate | · 4% (fuel) | 12% (travel) |
| Base reward rate | · 1.5% | 4.8% |
| Forex markup | · 3.5% | 2% |
| Welcome bonus | = Up to ₹2,000 cashback on first 60-day spends | = 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher |
| Fee waiver threshold | ₹200,000 / yr | · ₹2,500,000 / yr |
| Min income | ₹360,000 | · ₹1,800,000 |
| Min credit score | 750 | · 780 |
| Editorial rating | 4.5/5 | · 4.3/5 |
Benefits compared
Axis ACE
- 5% cashback on Google Pay bill payments (electricity, gas, broadband, mobile, DTH)
- 4% cashback on Swiggy, Zomato, Ola
- 2% cashback on every other transaction
- 4 complimentary domestic airport lounge visits per year
- 1% fuel surcharge waiver
Axis Magnus
- 12 EDGE points per ₹200 on travel via TravelEdge portal
- 4.8 EDGE points per ₹200 on general spend
- Unlimited international + domestic lounge access (Priority Pass)
- Buy 1 get 1 BookMyShow tickets monthly (capped 5)
- Annual ₹10,000 milestone vouchers from Tata CLiQ
- Concierge 24x7 + golf 4x/month
FAQ
›Axis ACE vs Axis Magnus: which is better?
Axis ACE wins on more dimensions (6 vs 3). But the right answer depends on your specific spending pattern — see the calculator below.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use Axis ACE for its best categories, Axis Magnus for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
Axis ACE: Up to ₹2,000 cashback on first 60-day spends. Axis Magnus: 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher.