Flipkart Axis Bank vs Axis Magnus
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
Flipkart Axis Bank wins 6-3. Flipkart loyalists who also use Myntra and Cleartrip Axis Magnus is still the right call if high-spenders post-2024 devaluation — still solid for ₹2l+/month travel..
Side-by-side
| Criterion | Flipkart Axis Bank | Axis Magnus |
|---|---|---|
| Annual fee | ₹500 | · ₹12,500 |
| Joining fee | ₹500 | · ₹12,500 |
| Top reward rate | · 5% (shopping) | 12% (travel) |
| Base reward rate | · 1.5% | 4.8% |
| Forex markup | · 3.5% | 2% |
| Welcome bonus | = ₹500 Flipkart voucher + ₹600 spend bonus on first 90 days | = 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher |
| Fee waiver threshold | ₹350,000 / yr | · ₹2,500,000 / yr |
| Min income | ₹360,000 | · ₹1,800,000 |
| Min credit score | 730 | · 780 |
| Editorial rating | 4.4/5 | · 4.3/5 |
Benefits compared
Flipkart Axis Bank
- 5% cashback on Flipkart, Myntra, 2GUD
- 4% cashback on Cleartrip, Swiggy, Uber, PVR, Cult.fit
- 1.5% cashback on every other transaction
- 4 complimentary domestic 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
›Flipkart Axis Bank vs Axis Magnus: which is better?
Flipkart Axis Bank 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 Flipkart Axis Bank 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?
Flipkart Axis Bank: ₹500 Flipkart voucher + ₹600 spend bonus on first 90 days. Axis Magnus: 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher.