Axis Magnus vs SBI Air India Signature
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
SBI Air India Signature wins 5-2. Air India loyalists — highest miles earn on AI bookings. 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 | SBI Air India Signature |
|---|---|---|
| Annual fee | · ₹12,500 | ₹4,999 |
| Joining fee | · ₹12,500 | ₹4,999 |
| Top reward rate | 12% (travel) | · 8% (travel) |
| Base reward rate | 4.8% | · 2% |
| Forex markup | · 2% | 1.99% |
| Welcome bonus | = 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher | = 20,000 Air India reward points |
| Fee waiver threshold | · ₹2,500,000 / yr | ₹500,000 / yr |
| Min income | · ₹1,800,000 | ₹1,200,000 |
| Min credit score | = 780 | = 780 |
| Editorial rating | = 4.3/5 | = 4.3/5 |
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
SBI Air India Signature
- 30 AI reward points per ₹100 on Air India bookings
- 4 reward points per ₹100 on others
- Air India Maharajah Club Silver
- 8 international + 8 domestic lounge visits/year
- Free Air India ticket on ₹5L spend
FAQ
›Axis Magnus vs SBI Air India Signature: which is better?
SBI Air India Signature wins on more dimensions (5 vs 2). 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, SBI Air India Signature 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. SBI Air India Signature: 20,000 Air India reward points.