Magnus Credit Card
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Highlights
- Base Reward: 1.20% return (12 RP / ₹200)
- Domestic Lounge: Unlimited visits via Visa/Mastercard Lounge Program
- International Lounge: 8 visits/year via Priority Pass
- 15% discount at 4,000+ restaurants across India via Dining Delights.
- Air Accident Cover: ₹4,50,00,000
- Forex Markup: 2%
Welcome / Joining Benefit
Choose a gift voucher worth ₹12,500 from Luxe, Yatra, or Postcard Hotels upon joining fee payment.
Points Expiry
EDGE reward points are valid for 3 years from the date of earning.
Joining Fee
₹12,500
+18% GST applicable
Annual Fee
₹12,500
+18% GST applicable
Renewal Fee
₹12,500
+18% GST applicable
Joining Fee Waiver
Choose a gift voucher worth ₹12,500 from Luxe, Yatra, or Postcard Hotels upon joining fee payment.
Annual Fee Waiver
Spend Threshold₹25,00,000
PeriodAnniversary Year
Annual renewal fee is waived on annual spends of ₹25 Lakhs or more in the previous year.
Other Charges
Foreign Exchange Markup2%
Low foreign exchange transaction markup fee of 2.00%.
Basic Requirements
Minimum Age18 years
Maximum Age70 years
Eligible OccupationSalaried, Self-Employed
Additional Details
Requires high income (typically ₹18L+ per annum) and strong credit score.
Base Reward Rate
Points per Spend
12 RP
Per Every
₹200
Effective Return
1.2%
Currency: EDGE REWARDS Points — 1 point ≈ ₹0.2
Forex Markup: 2%
❌ No Points Earned On:
FuelWallet LoadRent (above 50,000/month)UtilitiesInsuranceGovernmentTravel EDGE bookings (excluded from AEP threshold)GYFTR & Grab Deals (excluded from AEP threshold)Gold & jewellery (excluded from AEP threshold)
Complimentary Memberships
15% discount at 4,000+ restaurants across India via Dining Delights.Complimentary
Concierge Services
24/7 dedicated concierge service.
Insurance Benefits
Air Accident Cover₹4,50,00,000
Emergency Medical Limit₹1,50,000
0🛫 Domestic Lounge Access
ProgramVisa/Mastercard Lounge Program
VisitsUnlimited
PrivilegesPrimary: Yes • Add-on: No • Guest: No
Unlock CriteriaSpend ₹50,000 in previous quarter
🌏 International Lounge Access
ProgramPriority Pass
Visits8 per year
PrivilegesPrimary: Yes • Add-on: No • Guest: No
Redemption Options
Smart Redemption Tips
🏆 Best value: Statement Credit at ₹0.2/pt — maximize your returns here.
🪙 Reward currency: EDGE Rewards
Best Value
💳Statement Credit
Redeem EDGE Rewards against card statement
₹0.2/pt
🎁Gift Voucher
Gift voucher redemption through EDGE Rewards
₹0.2/pt
🛍️Merchandise
Rewards catalogue merchandise redemption
₹0.2/pt
✈️Travel Portal
Travel EDGE redemption
₹0.2/pt
Points Transfer Partners
Total: 22 partnersSort By
Air Asia
AirlineGroup A
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
Aeroplan
AirlineGroup A
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
Flying Blue
AirlineGroup B
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
Air India Maharaja Club
AirlineGroup A
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
British Airways Executive Club
AirlineGroup B
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
Ethiopian ShebaMiles
AirlineGroup A
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
Etihad Guest
AirlineGroup A
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
Finnair Plus
AirlineGroup B
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
IHG One Rewards
HotelGroup A
5Points
2Points
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 pt
Club ITC
AirlineGroup B
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
JAL Mileage Bank
AirlineGroup A
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
Orchid Rewards
HotelGroup A
5Points
2Points
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 pt
Postcard
HotelGroup B
5Points
2Points
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 pt
Qantas Frequent Flyer
AirlineGroup B
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
Radisson
HotelGroup B
5Points
2Points
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 pt
KrisFlyer
AirlineGroup A
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
SpiceClub
AirlineGroup B
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
Royal Orchid Plus
HotelGroup A
5Points
2Points
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 pt
Turkish Miles&Smiles
AirlineGroup A
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
United MileagePlus
AirlineGroup A
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
Vietnam Airlines Lotusmiles
AirlineGroup A
5Points
2Miles
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 mile
Wyndham Rewards
HotelGroup A
5Points
2Points
Min. Transfer300 pts
Transfer FeeFree
Effective Ratio1 pt = 0.4 pt