SBI AURUM 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.
Fees & Charges
Joining Fee
Rs. 9,999 + GST
₹12,500 + GST
Renewal Fee
Rs. 9,999 + GST
₹12,500 + GST
Spend Based Waiver
Annual fee waived on achieving annual spends of Rs. 12,00,000 in previous year.
Annual fee is waived off on spends of ₹25 Lakhs in the preceding year (for Magnus Credit Card).
Foreign Transaction Fees
1.99% of the transaction amount.
2% on foreign transactions.
Interest Rate (APR)
3.75% per month (45% per annum).
3.0% per month (42.58% annually) on extended credit.
Rewards & Benefits
Welcome Bonus
40,000 Reward Points (worth ₹10,000) & 1-year memberships to Club Marriott, WSJ, Mint.
Receive a welcome gift voucher worth INR 12,500 from Luxe, Postcard Hotels, or Yatra.
Rewards Rate
Earn 4 Reward Points for every Rs. 100 spent (1% reward rate).
Earn 12 RPs/₹200 on spends up to ₹1.5L, 35 RPs/₹200 above ₹1.5L. Up to 60 RPs/₹200 on Travel Edge.
Reward Type
Reward Points
Reward Points
Reward Redemption Fee
Rs. 99 plus applicable taxes per redemption request.
Nil
Travel & Lifestyle
Domestic Lounge Access
4 complimentary domestic airport lounge access per quarter for primary & add-on cardholders.
Unlimited complimentary domestic airport lounge visits for cardholders (₹50K quarterly spend applies).
International Lounge Access
Unlimited international airport lounge access with Dreamfolks membership + 1 guest visit quarterly.
Unlimited international lounge access via Priority Pass for primary cardholders (4 guest visits annually).
Travel Benefits
Complimentary Spa access quarterly. Flight cancellation cover of up to Rs. 3,500/ticket.
Unlimited domestic & international lounge access. Exclusive offers on stays at Oberoi & Trident Hotels.
Movie Benefits
4 complimentary BookMyShow movie tickets every month, each capped at Rs. 250.
Not Applicable
Dining Benefits
Not Applicable
Enjoy up to 30% discount at over 4,000 restaurants across India under the Axis Dining Delights Program.
Golf Benefits
16 complimentary golf rounds & 12 golf lessons per calendar year.
Not Applicable
Fuel Surcharge Waiver
1% fuel surcharge waiver at all fuel stations across India.
1% fuel surcharge waiver for transactions between ₹400 to ₹4,000, capped at ₹400 per month.
Security & Other
Insurance Benefits
Travel insurance (₹1L flight delay/baggage) & Lost Card/Fraud Protection (₹10L).
Includes ₹5L Credit Shield, ₹2L Purchase Protection, Credit Liability & Lost/Delayed Baggage cover.
Cash Advance Charges
2.50% of withdrawn amount, minimum Rs. 500.
Nil (Interest charges are applicable on cash advances).