What are the annual fees for Axis Bank Magnus Credit Card and HSBC TravelOne Credit Card?

Axis Bank Magnus Credit Card has ₹12,500 + GST. HSBC TravelOne Credit Card has ₹4,999 + GST. Fees are shown before 18% GST, which is added on the bill.

What base reward rate does each card earn?

Axis Bank Magnus Credit Card earns about 1.2% on general spends; HSBC TravelOne Credit Card earns about 0.6%. Category and partner rates may differ — see the table above.

What is the forex markup on each card?

Axis Bank Magnus Credit Card: 2%. HSBC TravelOne Credit Card: 3.5% (plus 18% GST on the markup).

Do both cards include airport lounge access?

Axis Bank Magnus Credit Card: yes — see the lounge row above for limits. HSBC TravelOne Credit Card: yes — see the lounge row above for limits.

Card Comparison

Axis Magnus vs HSBC TravelOne

The key difference: 1.2% effective rate vs 0.6%. Axis Magnus vs HSBC TravelOnecompared side by side on fees, reward rates, caps, exclusions, and eligibility — weigh each against how you actually spend.

Axis Bank Magnus

Axis Bank

Fee₹12,500+GST

Eff. rate1.2%

CapCategory

Fee

₹12,500+GST

Eff. rate

1.2%

Cap

How they compare

Axis Magnus and HSBC TravelOnesuit different spending patterns, so the right pick depends on where and how much you spend — the headline difference is called out at the top. Use the table below to weigh fees, reward rates, caps, and exclusions against your own usage.

At a glance

Axis Magnus

Annual fee: ₹12,500 + GST
Everyday rate: 1.2%
Monthly cap: No cap

Notable strengths

No monthly reward cap

HSBC TravelOne

Annual fee: ₹4,999 + GST
Everyday rate: 0.6%
Monthly cap: ₹50,000/mo

Notable strengths

Flat rewards on every spend

Each card's own strengths — not a ranking. Weigh them against where you actually spend.

46 specs · 13 sections

Axis Bank Magnus

HSBC TravelOne

Feature

Axis Bank Magnus

HSBC TravelOne

Annual Fee

₹12,500

₹4,999

Joining Fee

₹12,500

₹4,999

Fee Waiver Spend

₹25,00,000

₹8,00,000

Forex Markup

3.5%

Reward Type

Reward Points

Base Rate

1.2%

0.6%

Effective Base Rate

1.2%

0.6%

Point Value

₹0.2

₹0.3

Redemption Quality

MEDIUM

Best Redemption

₹0.4

₹0.3

Worst Redemption

₹0.15

₹0.1

Cleartrip

—

15%

Easemytrip

—

15%

Paytm

—

15%

Yatra

—

15%

Zomato

—

10%

Grocery / Supermarkets

1.2%

0.6%

Fuel / Petrol / Diesel / CNG

0% (Excluded)

Restaurants / Dine-in

1.2%

0.6%

Flights, Hotels, OTAs, Tour Operators

1.2%

Other Retail / Catch-all

1.2%

0.6%

Monthly Cap

Category caps apply

₹50,000

Est. Annual Cap

Category caps apply

₹6,00,000

Total Excluded

9 categories

8 categories

EMI Transactions

Excluded

Earns rewards

Domestic Visits/Year

-1

International Visits/Year

-1

Priority Pass

Yes

Est. Annual Value

₹10,230

₹5,940

Forex Markup

3.5%

International Rate

Yes

Description

Choice of Luxe gift card, The Postcard Hotels voucher, or Yatra voucher worth ₹12,500

Rs 1,000 Cashback, PostCard Voucher worth Rs 3,000, and 3-month EazyDiner membership on spending Rs 10,000 within 30 days of card issuance

Estimated Value

₹12,500

₹3,400

Fuel Surcharge Waiver

Yes

Best Suited For

Travel, Dining, Shopping

Travel, Shopping

Min Income

₹2,00,000/month

₹50,000/month

Income Proof

Required

Secured FD

Accepting Applications

Yes

Network

Visa, Mastercard

Mastercard

Card Tier

Super Premium

Platinum

Still weighing your options?

Other popular matchups to line up against your shortlist.

Frequently asked questions

What are the annual fees for Axis Bank Magnus Credit Card and HSBC TravelOne Credit Card?: Axis Bank Magnus Credit Card has ₹12,500 + GST. HSBC TravelOne Credit Card has ₹4,999 + GST. Fees are shown before 18% GST, which is added on the bill.
What base reward rate does each card earn?: Axis Bank Magnus Credit Card earns about 1.2% on general spends; HSBC TravelOne Credit Card earns about 0.6%. Category and partner rates may differ — see the table above.
What is the forex markup on each card?: Axis Bank Magnus Credit Card: 2%. HSBC TravelOne Credit Card: 3.5% (plus 18% GST on the markup).
Do both cards include airport lounge access?: Axis Bank Magnus Credit Card: yes — see the lounge row above for limits. HSBC TravelOne Credit Card: yes — see the lounge row above for limits.

Reviewed by WhichWise Editorial Team. Each card's data is verified against the issuer's official terms.

Sources: Axis Bank - Axis Magnus · HSBC Bank - HSBC TravelOne