Amex Platinum Reserve vs Axis Magnus

Detailed comparison of these two popular credit cards

Amex Platinum Reserve

Amex Platinum Reserve

American Express

Super Premium
VS
Winner
Axis Magnus

Axis Magnus

Axis Bank

Super Premium
Annual Fee
₹10K vs ₹13K
Effective Rate
(cash value)
0.7% vs 3.0%
Lounge Access
4/year vs Unlimited

Detailed Comparison

FeatureAmex Platinum ReserveAxis Magnus
Fees & Charges
Joining Fee
₹5K
₹13K
Annual Fee
₹10K
₹13K
Fee Waiver
None
Spend ₹25L annually
Forex Markup
3.5%
2%
Rewards
Reward Type
Reward Points
Reward Points
Effective Cash Value
0.7%
3%
Lounge Access
Domestic Lounges
4/year
Unlimited
Priority Pass
-
Yes
Eligibility
Min. Income
₹12.0L
₹24.0L

Amex Platinum Reserve is Best For

Amex semi-premium tier

View Amex Platinum Reserve Details

Axis Magnus is Best For

Travelers with high spend

Watch Out
  • Monthly milestone benefit discontinued
  • Two major devaluations in 2024-25
View Axis Magnus Details

Our Verdict

Based on overall features and value,

Axis Magnus wins!

Score: 25vsScore: 76

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