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BOBCARD ETERNA Credit Card VS Axis Bank Magnus Credit Card

A detailed, side-by-side look at 2 leading credit cards. Analyze the features that matter most to you and make an informed choice.

Features

BOBCARD ETERNA Credit Card
BOBCARD ETERNA Credit Card
Axis Bank Magnus Credit Card
Axis Bank Magnus Credit Card

Fees & Charges

Joining Fee
₹2,499 + GST
₹12,500 + GST
Renewal Fee
₹2,499 + GST
₹12,500 + GST
Spend Based Waiver
Joining fee waived on ₹25k spend in 60 days; Renewal fee waived on ₹2.5 Lakh spend/year.
Annual fee of ₹12,500 + Taxes waived on spending ₹25 Lakhs in the preceding year.
Foreign Transaction Fees
2% of the transacted amount
Reduced mark-up fee of 2% on foreign transactions.
Interest Rate (APR)
3.25% per month or 39% per annum
3.0% per month (42.58% annually) on extended credit.

Rewards & Benefits

Welcome Bonus
Complimentary 6-months FITPASS Pro Membership & 10,000 bonus reward points on ₹50k spend.
Choose any one gift voucher worth INR 12,500 from Luxe, The Postcard Hotels, or Yatra.
Rewards Rate
Earn 15 RP per ₹100 on dining, travel, online shopping, movies & international spends (3.75% rate).
Earn 12 EDGE RPs per ₹200 (up to ₹1.5L monthly); 35 RPs per ₹200 (above ₹1.5L). 60 RPs on Travel Edge (up to ₹2L).
Reward Type
Reward Points
Reward Points
Reward Redemption Fee
Nil
Nil

Travel & Lifestyle

Domestic Lounge Access
Unlimited complimentary access to domestic airport lounges, subject to ₹40k spend/quarter.
Unlimited complimentary visits to select airport lounges in India for primary and add-on cardholders.
International Lounge Access
Not Applicable
Unlimited complimentary international lounge visits for primary cardholder with Priority Pass, plus 4 guest visits.
Travel Benefits
Unlimited complimentary domestic lounge access (conditional); 15 RP per ₹100 on travel spends.
Unlimited lounge access (domestic & intl), complimentary 3rd-night stay & upgrades at Oberoi/Trident Hotels.
Movie Benefits
Buy One Get One (BOGO) offer on movie tickets via District app, max ₹250/month discount.
Not Applicable
Dining Benefits
Earn 15 Reward Points per ₹100 on dining; access to 250+ culinary deals via Mastercard Priceless.
Upto 30% discount (up to ₹500) at over 4000 restaurants across India via Axis Dining Delights.
Golf Benefits
Not Applicable
4 complimentary green fees & 12 golf lessons per year for World Mastercard variant holders.
Fuel Surcharge Waiver
1% waiver on ₹400-₹5,000 transactions (max ₹250/month), no RPs on fuel.
1% fuel surcharge waiver (₹400-₹4000 transactions), max waiver ₹400 per month.

Security & Other

Insurance Benefits
Free Personal Accidental Death Cover: ₹1 Crore (air), ₹10 Lakhs (non-air accident).
Credit Shield ₹5L, Purchase protection ₹2L, Credit Liability coverage, Lost/Delayed Baggage $500.
Cash Advance Charges
2.5% of withdrawn amount or ₹500, whichever is higher.
Nil (Interest charges applicable).
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Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

BOBCARD ETERNA Credit Card

Axis Bank Magnus Credit Card

Who is it for?

The BOBCARD ETERNA Credit Card is a premium offering for those seeking an exclusive lifestyle. It provides extensive travel privileges, accelerated rewards on dining, travel, and international spends, and unlimited complimentary domestic airport lounge access. With a low foreign currency markup and various welcome benefits, the ETERNA card is designed to enhance lifestyle and provide smart savings for discerning cardholders.

Who is it for?

The Axis Bank Magnus Credit Card is a super-premium offering tailored for high-income individuals seeking a luxurious lifestyle. It provides extensive travel and dining benefits, including unlimited domestic and international lounge access, attractive hotel offers, and significant reward earnings. Despite its fees, the card delivers substantial value through exclusive perks like a low foreign currency markup and robust insurance, making it a strong choice for affluent frequent travelers.

Pros

Key benefits and features.

Fee waivers available for both joining and annual renewal based on spending milestones.

High-value accelerated reward points on key categories like dining, travel & shopping.

Substantial Personal Accidental Death Cover: ₹1 Crore for air, ₹10 Lakhs for non-air.

Competitive 2% foreign currency markup, making international spends more affordable.

Unlimited domestic airport lounge access is provided, with a quarterly spend condition.

Pros

Key benefits and features.

Enjoy unlimited international and domestic airport lounge access, including guest visits.

Benefit from a low foreign currency markup of just 2% on all international transactions.

Receive robust insurance coverage like credit shield of ₹5 Lakhs and purchase protection.

Experience appealing welcome benefits with a gift voucher worth ₹12,500 on joining.

The World Mastercard variant offers exclusive golf privileges, including free rounds and lessons.

Cons

Key drawbacks and limitations.

Domestic lounge access is conditional on a high ₹40,000 spend in prior quarter.

Previous golf benefits, including games and lessons, have been discontinued from the card.

Accelerated reward points are capped at 5,000 per cycle, limiting high-spenders' benefits.

Cons

Key drawbacks and limitations.

The card has a high annual income requirement of ₹24 Lakhs, limiting accessibility.

Some prior benefits, such as BOGO movie offers, were discontinued as of May 2024.

The reward point earning structure can be quite complex with varied rates and tiers.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.