Axis Magnus vs SBI CashBack Card
Side-by-side credit card comparison to help you choose the best one.
Axis Magnus
Why this card wins: Travel & Milestone Rewards — 12 EDGE Reward points per ₹200
| Feature | ||
|---|---|---|
| Bank | Axis Bank | SBI |
| Card Type | Super Premium | Premium Cashback |
| Annual Fee | ₹12,500 + GST | ₹999 + GST |
| Joining Fee | ₹12,500 + GST | ₹999 + GST |
| Rewards | 12 EDGE Reward points per ₹200 | 5% Cashback on ALL online spends |
| Best For | Travel & Milestone Rewards | Pure Cashback |
| Interest Rate | 3.40% per month (40.80% p.a.) | 3.35% per month (40.20% p.a.) |
| Credit Limit | ₹5,00,000 - ₹25,00,000 | ₹50,000 - ₹5,00,000 |
| Welcome Benefit | 25,000 EDGE Reward points | None |
| Min Income | ₹1,50,000/month | ₹30,000/month |
| Lounge Access | Unlimited domestic + 8 international (Priority Pass) | None |
| Fuel Surcharge Waiver | 1% waiver on all fuel txns | 1% waiver (cap ₹100/month) |
| Foreign Txn Fee | 2.0% + GST | 3.5% + GST |
| Add-On Card Fee | Free | ₹499 + GST |
| Rating | 4.9 | 4.5 |
| Contactless | ||
| EMI Conversion |
Key Features
Axis Magnus
Travel & Milestone Rewards
Visa Infinite • Super Premium
- Unlimited domestic lounge visits & priority pass
- Annual fee waiver on ₹25L annual spend
- VIP meet & greet services at airports
- Luxury hotel and dining benefits
SBI CashBack Card
Pure Cashback
Visa • Premium Cashback
- 1% cashback on offline spends
- Direct cashback credit to statement
- No merchant restrictions for 5% cashback
- Fuel surcharge waiver up to ₹100/month
Verdict
Based on rating and overall value, Axis Magnus ranks highest among your selected cards. It excels at Travel & Milestone Rewards and offers 12 EDGE Reward points per ₹200.
Frequently asked questions
Which is better: Axis Magnus or SBI CashBack Card?
Axis Magnus has the higher CardKhoj rating (4.9/5) and is best for travel & milestone rewards. SBI CashBack Card is the better fit if your priority is pure cashback. The right choice depends on where you spend most.
Which has the lower annual fee: Axis Magnus and SBI CashBack Card?
SBI CashBack Card is cheaper to hold at ₹999 + GST, compared with ₹12,500 + GST for Axis Magnus.
Do Axis Magnus and SBI CashBack Card offer airport lounge access?
Axis Magnus: unlimited domestic + 8 international (priority pass). SBI CashBack Card: no complimentary lounge access.
Which card is better for international spending?
Axis Magnus has the lowest forex markup at 2.0% + GST, which makes it cheaper for travel abroad and foreign-currency shopping.
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