Head-to-head · 🇮🇳 India
Axis Magnus vs SBI Prime
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
Premium
Axis Bank
Axis Magnus
Wins 4 of 10
IN
SBI Card
SBI Prime
Wins 5 of 10
Verdict
SBI Prime wins 5-4. Step up from SimplyClick with lounge access. 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 Prime |
|---|---|---|
| Annual fee | · ₹12,500 | ₹2,999 |
| Joining fee | · ₹12,500 | ₹2,999 |
| Top reward rate | 12% (travel) | · 5% (shopping) |
| Base reward rate | 4.8% | · 1.25% |
| Forex markup | 2% | · 3.5% |
| Welcome bonus | = 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher | = ₹3,000 e-gift voucher (Aditya Birla / Bata / Pantaloons / Yatra) |
| Fee waiver threshold | · ₹2,500,000 / yr | ₹300,000 / yr |
| Min income | · ₹1,800,000 | ₹480,000 |
| Min credit score | · 780 | 750 |
| Editorial rating | 4.3/5 | · 4.2/5 |
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 Prime
- 10x reward points on dining + grocery + departmental + movies
- 5x on utility bill payments
- 8 domestic + 4 international lounge visits/year
- Club Vistara Silver + Trident Privilege Red
FAQ
›Axis Magnus vs SBI Prime: which is better?
SBI Prime 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, SBI Prime 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 Prime: ₹3,000 e-gift voucher (Aditya Birla / Bata / Pantaloons / Yatra).