Axis Bank Magnus vs HDFC Millennia Credit Card
Net value is estimated on a sample monthly spend, ranked by value not commission.
Verdict
On our reference spend profile, Axis Bank Magnus comes out ahead on estimated net value — about ₹25,700/yr more than the HDFC Millennia Credit Card. Your own spending pattern can change this — run the numbers in the rewards calculator.
| Attribute | Axis Bank Magnus Best value | HDFC Millennia Credit Card Popular |
|---|---|---|
| Issuer | Axis Bank | HDFC Bank |
| Annual fee | ₹12,500 / year | ₹1,000 / year |
| Welcome bonus | Luxury voucher worth ₹12,500 | 1,000 CashPoints on fee payment |
| Min. income (monthly) | INR 200,000 | INR 35,000 |
| Reward type | points | cashback |
| Headline rate | — | 5% cashback |
| Bonus categories | dining, travel, international | dining, online, groceries |
| Lounge access | Yes | Yes |
| Foreign tx fee | 2% | 3.5% |
| Est. net value / yr | ₹50,380 | ₹24,680 |
| Apply | Apply |
Frequently asked questions
- Axis Bank Magnus vs HDFC Millennia Credit Card: which is better?
- On our reference spend profile the Axis Bank Magnus delivers higher estimated net value than the HDFC Millennia Credit Card in India, so it wins on value. Your own spending pattern may change the result — run both through the rewards calculator.
- What is the annual fee difference between Axis Bank Magnus and HDFC Millennia Credit Card?
- Axis Bank Magnus: ₹12,500 / year. HDFC Millennia Credit Card: ₹1,000 / year.
- Which earns more rewards, Axis Bank Magnus or HDFC Millennia Credit Card?
- Axis Bank Magnus earns points; HDFC Millennia Credit Card earns 5% cashback. We rank by net value after fees, not headline rate alone.