Axis Bank|Public

Axis Bank 500 (Waived on

SHOPPERS spends of Rs.
500 Nil
STOP Credit Card 1,00,000 in the
preceding year)

*For Reserve, Magnus & Magnus for Burgundy credit card,

Effective 1 Sep 2023, Spends Threshold for Annual Fee reversal
will exclude transactions identified through Rent (MCC-6513),
Wallet (MCC- 6540), Utilities(MCC-4814,4816,4899,4900),
Government Institutions (MCC-9222, 9311,9399, 9402), EMI
conversions, Cash withdrawals (MCC- 6010,6011), reversals and
fee and charges.
Additionally, effective 20 Apr 2024, Spends Threshold for Annual
Fee reversal will also exclude transactions identified through
Insurance (MCC-6300, 6381, 5960, 6051, 6012), Gold (MCC-5094,
5944) and Fuel (MCC-5541, 5542, 5983).
#Applicable only for Burgundy customers maintaining the requisite

individual Burgundy relationship. For more details visit,

https://www.axisbank.com/Magnus. By applying for Magnus Credit
Card for Burgundy, you also agree to the bank’s policy of replacing
Magnus Credit Card for Burgundy with new Magnus Credit Card in
case the requisite Burgundy ‘Total Relationship Value’ criteria is not
maintained by the customer. The new Magnus Credit Card will also
incur Joining and Annual Fee of Rs. 12,500++.

2. FINANCE / INTEREST CHARGE (Effective 12th June 2021)

Overdue Interest
Interest on Cash
on Extended
Axis Bank Advances
Credit
Card Variant
Monthly Annual Monthly Annual
Rate Rate Rate Rate
1.5% 19.56% 1.5% 19.56%
BURGUNDY PRIVATE
per per per per
Credit Card
month annum month annum
PRIDE PLATINUM Credit
2.95% 41.75% 2.95% 41.75%
Card, PRIDE
per per per per
SIGNATURE Credit Card
month annum month annum