Axis Magnus Credit Card
Axis Bank
Point Value
₹0.50 - ₹1 per point
Expiry
No expiry if account active
Redemption Options
4 ways
Last Updated
01-Dec-2025
How to Check Your Points
Point Value Details
Earn 12 points per ₹200 spend on base (1st ₹1.5L monthly), 35 points per ₹200 on spends above ₹1.5L. Earning rate changes with spending levels
Redemption Options
Statement Credit
Best ValueCredit against card bill
Value: ₹1/point
Travel Vouchers
Best ValueFlights and hotel bookings
Value: ₹0.75 - ₹1/point
eDGE Rewards Catalog
Electronics and merchandise
Value: ₹0.50/point
Dining Vouchers
Restaurant and bar vouchers
Value: ₹0.50 - ₹0.75/point
Best Redemption Strategy
Statement credit gives ₹1 per point. Travel vouchers offer ₹0.75-₹1 value with flexibility
Expiry Information
eDGE points remain valid as long as credit card account is in good standing
What Doesn't Earn Points
- Fuel purchases (no bonus points)
- Insurance premiums
- Utilities and bills
- Wallet loading
- EMI conversions
- Government and education payments
Pro Tips
Lifetime free premium credit card
Accelerated earning on spends above ₹1.5L per month
Dining and entertainment focus benefits foodies
24/7 concierge services included
Complimentary airport lounge access (domestic)
Information is for reference only. Terms and conditions may change. Always verify with official sources before making decisions. Last updated: 01-Dec-2025