ICICI Emeralde Private Metal vs Axis Magnus
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
ICICI Emeralde Private Metal wins 5-3. High-net-worth families wanting universal 6 ICICI points/₹100. Axis Magnus is still the right call if high-spenders post-2024 devaluation — still solid for ₹2l+/month travel..
Side-by-side
| Criterion | ICICI Emeralde Private Metal | Axis Magnus |
|---|---|---|
| Annual fee | ₹12,499 | · ₹12,500 |
| Joining fee | ₹12,499 | · ₹12,500 |
| Top reward rate | · 6% (general) | 12% (travel) |
| Base reward rate | 6% | · 4.8% |
| Forex markup | = 2% | = 2% |
| Welcome bonus | = Taj Epicure / EazyDiner Prime / Times Prime annual membership | = 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher |
| Fee waiver threshold | ₹1,500,000 / yr | · ₹2,500,000 / yr |
| Min income | · ₹5,000,000 | ₹1,800,000 |
| Min credit score | · 800 | 780 |
| Editorial rating | 4.8/5 | · 4.3/5 |
Benefits compared
ICICI Emeralde Private Metal
- Unlimited domestic + international lounge access for self & guest
- 6 reward points per ₹100 across all categories
- Taj Epicure annual membership included
- 24x7 concierge + Golf privileges
- 2% forex markup
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 Emeralde Private Metal vs Axis Magnus: which is better?
ICICI Emeralde Private Metal wins on more dimensions (5 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 ICICI Emeralde Private Metal 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 Emeralde Private Metal: Taj Epicure / EazyDiner Prime / Times Prime annual membership. Axis Magnus: 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher.