Axis Bank Horizon Credit Card vs Axis Bank Magnus Credit Card

At the values Axis publishes, Horizon on most spends: 2 miles per ₹100, and a mile is worth ₹1 on Axis's Travel EDGE portal, so about 2%. Magnus earns about 1.2% (12 points per ₹200 at ₹0.20 a point) on the first ₹1.5 lakh of eligible spend each calendar month and about 3.5% above that, up to your credit limit plus ₹1.5 lakh, so it overtakes Horizon once eligible spend passes about ₹2.3 lakh a month. Magnus points also move to 20 airline and hotel partners at 5 points to 2 miles, which we don't value in rupees.

Magnus: unlimited international visits with Priority Pass plus 4 guest visits a card year, and unlimited visits to Axis's listed domestic lounges once you've spent ₹50,000 in the previous 3 calendar months (a new card is exempt in its month of issue and the next 3 months). Horizon gives 6 domestic visits a calendar quarter on the Mastercard version (8 on Visa) and 2 international visits a quarter, with no spend needed. Horizon's free visits are for the primary cardholder only, and so are Magnus's Priority Pass visits.

Magnus, with a 2% forex markup against Horizon's 3.5%. Since August 2026 rupee-billed payments at foreign merchants carry the same markups: 2% on Magnus and 3.5% on Horizon, both up from 1.5%.

Horizon's ₹3,000 fees are nil if you opened an Axis Burgundy savings account on or after 1 July 2026. Magnus's ₹12,500 fees are nil for new Burgundy salary account customers from 1 July 2026 with a net monthly salary credit of ₹2 lakh or more, though that version has no welcome voucher. Axis can withdraw both offers. Otherwise Magnus's annual fee is waived at ₹25 lakh of eligible spend in the previous card year, and Horizon has no spend-based waiver.