Axis Bank Magnus Credit Card

Axis Bank Magnus Credit Card on Petrol (any pump)

No. The Axis Bank Magnus Credit Card earns no rewards on Petrol (any pump).

On Petrol (any pump)

0%

Other spends

1.2%

Rank for Petrol (any pump)

#27 of 149

Annual fee

₹12,500 + Taxes

What to know before you pay on Petrol (any pump)

How it works

1.2% is the rate on the first ₹1.5 Lakh a month at ₹0.20 per point. Above ₹1.5 Lakh it's 3.5% (about 7% if points go to airline miles).

Caps & rules

  • 12 EDGE Reward Points per ₹200 on the first ₹1.5 Lakh a month, 35 per ₹200 on spends above that (up to your credit limit + ₹1.5 Lakh).
  • 5X via Travel EDGE.
  • Valued at ₹0.20 per point; transferring 5 points to 2 airline/hotel miles is worth roughly double.

Reward limits

  • 35 EDGE points per ₹200 on monthly spends above ₹1.5 Lakh: Up to your credit limit + ₹1.5 Lakh of spend per calendar month
  • 12 EDGE points per ₹200 on other spends: No limit

No rewards on

Utilities & telecom, rent (capped ₹50,000/month), wallet, government, insurance, gold/jewellery, fuel, gift cards, tolls

Checked 2026-09-27 · Bank terms

Cards that earn more on Petrol (any pump)

Questions

Does the Axis Bank Magnus Credit Card give rewards on Petrol (any pump)?

No. The Axis Bank Magnus Credit Card earns no rewards on Petrol (any pump).

Is there a limit on Axis Bank Magnus Credit Card rewards?

12 EDGE Reward Points per ₹200 on the first ₹1.5 Lakh a month, 35 per ₹200 on spends above that (up to your credit limit + ₹1.5 Lakh). 5X via Travel EDGE. Valued at ₹0.20 per point; transferring 5 points to 2 airline/hotel miles is worth roughly double.

Which credit card is best for Petrol (any pump)?

Kotak Cashback+ Credit Card is the best pick for regular spending on Petrol (any pump), with 3% back. The Axis Bank Magnus Credit Card ranks #27 of 149 cards we compared, by what each returns after caps.

Compare Credit Cards

2 cards selected