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Axis Bank Magnus Credit Card vs IDFC FIRST Mayura Credit Card

Compare Axis Bank Magnus Credit Card and IDFC FIRST Mayura Credit Card on annual fee, rewards, fee waiver, lounge access, forex markup, best-fit use case and source evidence.

Maintained credit-card comparison

Axis Bank Magnus Credit Card vs IDFC FIRST Mayura Credit Card

Compare exact issuer-backed terms and practical trade-offs without a universal winner badge.

Latest underlying reviewSeptember 11, 2026
Axis BankAxis Bank Magnus Credit Card

High-spend premium travelers who can use lounges, travel transfers and premium lifestyle benefits.

Annual fee
₹12,500 + applicable taxes for the standard Magnus Credit Card.
Reviewed
September 11, 2026
Evidence
2 issuer sources
Open card research
IDFC FIRST BankIDFC FIRST Mayura Credit Card

High-spend travelers who can use Mayura’s premium travel benefits and zero-forex structure enough to justify the ₹5,999 annual fee.

Annual fee
₹5,999 under the current IDFC FIRST Bank schedule of charges.
Reviewed
September 11, 2026
Evidence
4 issuer sources
Open card research
No universal winnerFee, rewards, lounge and forex matter differently by use case.
Conditions stay visibleCaps, waivers, exclusions and qualification rules are not stripped out.
Evidence stays separateOne issuer's source set never validates the other card.
Keep an offline research copyPrint the full comparison or choose Save as PDF in your browser. All decision checkpoints are expanded for the print copy.

bankingreference.info · Comparison research sheet

Axis Bank Magnus Credit Card vs IDFC FIRST Mayura Credit Card

Prepared 14 Sep 2026 · Source page: https://bankingreference.info/compare/axis-bank-magnus-vs-idfc-first-mayura/

General product research only. Recheck the listed first-party sources before acting because product terms can change after the recorded review dates.

Decision checkpoints

Answer the questions that can actually change the choice.

Each checkpoint reproduces the recorded product fields instead of assigning a winner. Read the condition, scope and missing-data state before treating a difference as useful to you.

01Would the card still fit if you miss its fee waiver?Read the recurring fee and qualifying-spend rule together before counting rewards as value.

Axis Bank Magnus Credit Card

Annual fee
₹12,500 + applicable taxes for the standard Magnus Credit Card.
Fee waiver
Annual fee is waived on ₹25 lakh spend in the preceding card-anniversary year, subject to the current excluded-spend categories.

IDFC FIRST Mayura Credit Card

Annual fee
₹5,999 under the current IDFC FIRST Bank schedule of charges.
Fee waiver
No annual-fee waiver is stated; after paying the ₹5,999 + GST annual fee, ₹8 lakh / ₹15 lakh prior-anniversary-year spend earns 7,500 / 15,000 reward points respectively under the annual-fee-payment benefit.
02Do your actual purchases qualify for the rewards?Check the reward structure and the recorded cautions; a headline earning rate is not the return on every purchase.

Axis Bank Magnus Credit Card

Reward rules
12 EDGE Reward Points per ₹200 on cumulative monthly spends up to ₹1.5 lakh, then 35 points per ₹200 on incremental eligible spend above that threshold; Travel EDGE acceleration applies separately.

Recorded cautions

  • Rewards and transfer rules have changed repeatedly; use the latest issuer T&Cs.
  • High spend-based fee waiver is not a reason to spend more.
  • Premium benefits should be valued based on actual usage.

IDFC FIRST Mayura Credit Card

Reward rules
Current issuer positioning advertises up to 10X reward points; the annual-fee-payment benefit can separately award 7,500 or 15,000 points at the published prior-year spend thresholds after fee payment.

Recorded cautions

  • The ₹5,999 annual fee must actually be paid before the annual-fee-payment reward benefit applies.
  • The ₹8 lakh / ₹15 lakh spend thresholds award reward points; they do not waive the renewal fee.
  • Lounge quotas and qualifying programme rules should be evaluated separately from the zero-forex benefit.
03Which travel and approval conditions apply to you?Check lounge conditions, foreign-currency costs and issuer eligibility independently of reward value.

Axis Bank Magnus Credit Card

Lounge conditions
Unlimited complimentary domestic lounge visits and unlimited complimentary international Priority Pass visits, plus 4 guest visits per year under the current Magnus page.
Forex costs
2% forex markup on foreign transactions; the current Magnus fee page also lists 2% DCC markup.
Eligibility
Subject to Axis Bank approval

IDFC FIRST Mayura Credit Card

Lounge conditions
Current IDFC FIRST material lists 4 domestic and 4 international lounge visits per quarter for Mayura, plus one guest entry at domestic airports, subject to programme conditions.
Forex costs
0% / Nil forex markup under the current IDFC FIRST Bank fee schedule and card-directory positioning.
Eligibility
Current IDFC FIRST card directory lists annual income above ₹25 lakh; issuance remains subject to the bank’s assessment.
Other maintained comparisons for Axis Bank Magnus Credit CardOther maintained comparisons for IDFC FIRST Mayura Credit Card
Shared research themes
Premium Credit CardsTravel Credit CardsLow Forex Markup Credit Cards
Exact terms

Put the controlling card fields next to each other.

Full issuer-backed wording stays visible because a waiver condition, cap or qualification rule can matter more than the headline number.

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Credit-card terms side by side for Axis Bank Magnus Credit Card and IDFC FIRST Mayura Credit Card
Decision factorAxis Bank Magnus Credit CardIDFC FIRST Mayura Credit Card
Joining fee₹12,500 + applicable taxes for the standard Magnus Credit Card.₹5,999 under the current IDFC FIRST Bank schedule of charges.
Annual fee₹12,500 + applicable taxes for the standard Magnus Credit Card.₹5,999 under the current IDFC FIRST Bank schedule of charges.
Fee waiverAnnual fee is waived on ₹25 lakh spend in the preceding card-anniversary year, subject to the current excluded-spend categories.No annual-fee waiver is stated; after paying the ₹5,999 + GST annual fee, ₹8 lakh / ₹15 lakh prior-anniversary-year spend earns 7,500 / 15,000 reward points respectively under the annual-fee-payment benefit.
Rewards12 EDGE Reward Points per ₹200 on cumulative monthly spends up to ₹1.5 lakh, then 35 points per ₹200 on incremental eligible spend above that threshold; Travel EDGE acceleration applies separately.Current issuer positioning advertises up to 10X reward points; the annual-fee-payment benefit can separately award 7,500 or 15,000 points at the published prior-year spend thresholds after fee payment.
LoungeUnlimited complimentary domestic lounge visits and unlimited complimentary international Priority Pass visits, plus 4 guest visits per year under the current Magnus page.Current IDFC FIRST material lists 4 domestic and 4 international lounge visits per quarter for Mayura, plus one guest entry at domestic airports, subject to programme conditions.
Forex markup2% forex markup on foreign transactions; the current Magnus fee page also lists 2% DCC markup.0% / Nil forex markup under the current IDFC FIRST Bank fee schedule and card-directory positioning.
NetworkVisa Infinite / current variantPremium metal card; network variant is issuance-dependent in the reviewed material.
Eligibility / approvalSubject to Axis Bank approvalCurrent IDFC FIRST card directory lists annual income above ₹25 lakh; issuance remains subject to the bank’s assessment.
Wrong-fit risks

Know what can make either card unsuitable.

These cautions remain attached to the underlying card records instead of being converted into a score.

Axis Bank

Axis Bank Magnus Credit Card

  • Rewards and transfer rules have changed repeatedly; use the latest issuer T&Cs.
  • High spend-based fee waiver is not a reason to spend more.
  • Premium benefits should be valued based on actual usage.
IDFC FIRST Bank

IDFC FIRST Mayura Credit Card

  • The ₹5,999 annual fee must actually be paid before the annual-fee-payment reward benefit applies.
  • The ₹8 lakh / ₹15 lakh spend thresholds award reward points; they do not waive the renewal fee.
  • Lounge quotas and qualifying programme rules should be evaluated separately from the zero-forex benefit.
Decision tools

Model the parts of the comparison that depend on your own usage.

These tools are arithmetic aids only. They do not predict approval, issuer offers or future benefits.

Independent source state

Verify both cards from their own issuer evidence.

Each side keeps its own review date, source set and evidence state.

IDFC FIRST Bank

IDFC FIRST Mayura Credit Card

4 issuer sources8/8 core fields confirmedReviewed September 11, 2026
Fee / charge scheduleIssuer product pageIssuer document

Checked: Joining fee · Annual fee · Fee waiver · Rewards · Lounge · Forex · +2 more

Open primary issuer source ↗
Open primary issuer source ↗
MethodologyResearch statusMore card comparisons

First-party source appendix

These are the exact source URLs already attached to the two research records. Re-open the controlling documents before relying on a fee, rate, limit, eligibility rule or benefit.

Axis Bank Magnus Credit Card

Reviewed September 11, 2026 · 2 attached first-party sources

  1. Issuer product pagehttps://www.axis.bank.in/cards/credit-card/axis-bank-magnus-credit-card
  2. Issuer product pagehttps://www.axis.bank.in/cards/credit-card/axis-bank-magnus-credit-card/more-benefits

IDFC FIRST Mayura Credit Card

Reviewed September 11, 2026 · 4 attached first-party sources

  1. Fee / charge schedulehttps://www.idfcfirstbank.com/credit-card/fees-and-charges
  2. Issuer product pagehttps://www.idfcfirstbank.com/credit-card
  3. Issuer documenthttps://www.idfcfirstbank.com/content/dam/idfcfirstbank/pdf/Mayura/docs/pdcoc.pdf
  4. Issuer documenthttps://www.idfcfirstbank.com/content/dam/idfcfirstbank/pdf/Mayura/docs/Mayura-Credit-Card-welcome-Offer.pdf