Head-to-head · 🇮🇳 India
Axis Magnus vs ICICI Rubyx
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
Premium
Axis Bank
Axis Magnus
Wins 4 of 10
IN
ICICI Bank
ICICI Rubyx
VISA
Wins 5 of 10
Verdict
ICICI Rubyx wins 5-4. Step up from Coral — adds dual-network and milestone rewards. Axis Magnus is still the right call if high-spenders post-2024 devaluation — still solid for ₹2l+/month travel..
Side-by-side
| Criterion | Axis Magnus | ICICI Rubyx |
|---|---|---|
| Annual fee | · ₹12,500 | ₹2,000 |
| Joining fee | · ₹12,500 | ₹3,000 |
| Top reward rate | 12% (travel) | · 1% (general) |
| Base reward rate | 4.8% | · 1% |
| Forex markup | 2% | · 3.5% |
| Welcome bonus | = 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher | = 5,000 PAYBACK points + Tata CLiQ voucher |
| Fee waiver threshold | · ₹2,500,000 / yr | ₹350,000 / yr |
| Min income | · ₹1,800,000 | ₹600,000 |
| Min credit score | · 780 | 760 |
| Editorial rating | 4.3/5 | · 4/5 |
Benefits compared
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
ICICI Rubyx
- Dual-network (Visa + Amex one card)
- 4 international + 6 domestic lounge visits/year
- 15% off Culinary Treats
- 25% off movie tickets
- Comprehensive insurance
FAQ
›Axis Magnus vs ICICI Rubyx: which is better?
ICICI Rubyx wins on more dimensions (5 vs 4). 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 Magnus for its best categories, ICICI Rubyx for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
Axis Magnus: 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher. ICICI Rubyx: 5,000 PAYBACK points + Tata CLiQ voucher.