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Magnus vs Emeralde – Full comparison

Both cards verified with issuer

Magnus source Emeralde source

Annual fee structure is a key difference

Key differences

Lowest fee Emeralde ₹12,000

Spend context

At ₹50k/month spend:

  • Magnus: ~₹2,500/month at base rate
  • Emeralde: ~₹750/month at base rate

Approximate, based on base rates (before caps).

Magnus AXIS Emeralde ICICI
Lounge Access
Domestic lounge visits
No difference
Unlimited Unlimited
Forex / International Use
Forex markup
No difference
2% 2%
Fees
Annual fee
₹12,500 vs ₹12,000
₹12,500 ₹12,000
Joining fee
₹12,500 vs ₹12,000
₹12,500 ₹12,000
Fee waiver spend
₹25,00,000 vs ₹10,00,000
₹25,00,000 ₹10,00,000
Rewards
Points per ₹100
5 pts vs 6 pts
5 pts 6 pts
Point cash value
₹1 vs ₹0.25
₹1 ₹0.25

Notes

  • Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.
Important

Data is compiled from issuer and public sources. Always verify with the issuer before applying.