Head-to-head · 🇮🇳 India
ICICI Coral vs Axis Magnus
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
ICICI Bank
ICICI Coral
VISA
Wins 5 of 10
IN
Premium
Axis Bank
Axis Magnus
Wins 4 of 10
Verdict
ICICI Coral wins 5-4. Entry-tier card — easy approval, decent base earning, low fee. Axis Magnus is still the right call if high-spenders post-2024 devaluation — still solid for ₹2l+/month travel..
Side-by-side
| Criterion | ICICI Coral | Axis Magnus |
|---|---|---|
| Annual fee | ₹500 | · ₹12,500 |
| Joining fee | ₹500 | · ₹12,500 |
| Top reward rate | · 1% (general) | 12% (travel) |
| Base reward rate | · 1% | 4.8% |
| Forex markup | · 3.5% | 2% |
| Welcome bonus | = 2,000 PAYBACK points on first 60-day spend | = 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher |
| Fee waiver threshold | ₹150,000 / yr | · ₹2,500,000 / yr |
| Min income | ₹240,000 | · ₹1,800,000 |
| Min credit score | 700 | · 780 |
| Editorial rating | · 4.2/5 | 4.3/5 |
Benefits compared
ICICI Coral
- 2 PAYBACK points per ₹100
- 4 complimentary domestic lounge visits per year
- 15% off at 2,500+ partner restaurants (Culinary Treats)
- 1% fuel surcharge waiver
- Free movie tickets via BookMyShow (buy-1-get-1)
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
›ICICI Coral vs Axis Magnus: which is better?
ICICI Coral 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 ICICI Coral 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?
ICICI Coral: 2,000 PAYBACK points on first 60-day spend. Axis Magnus: 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher.