Side-by-side · honest numbers
American Express SmartEarn Credit Card vs Axis IOCL Credit Card vs Axis Bank Magnus Credit Card
Honest side-by-side comparison of American Express SmartEarn Credit Card, Axis IOCL Credit Card, Axis Bank Magnus Credit Card — annual fees, reward rates, income eligibility, and estimated net annual value on the same spend profile.
At a glance (moderate spend)
Quick verdict: On moderate spend, Axis Bank Magnus Credit Card ranks first for estimated net annual value — ahead of American Express SmartEarn Credit Card by about ₹15,602/yr.
| Feature | American Express SmartEarn Credit Card American Express | Axis IOCL Credit Card Axis Bank | Axis Bank Magnus Credit Card Axis Bank |
|---|---|---|---|
| Fees & eligibility | |||
| Annual fee | ₹495 | ₹500 | ₹12,500 |
| Fee waiver threshold | Waived at ₹40,000/yr spend | No waiver published | No waiver published |
| Min income | ₹25,000/mo | ₹25,000/mo | ₹1,00,000/mo |
| Secured / FD-backed | Standard | Standard | Standard |
| Rewards | |||
| Net annual value (moderate) | ₹1,650/yr | ₹1,366/yr | ₹17,252/yr |
| Online shopping | 5 pts per ₹25 spend → ₹25/mo (₹300/yr) (cap hit) | — | — |
| Groceries (offline) | — | 6 pts per ₹150 spend → ₹48/mo (₹576/yr) | — |
| Fuel | — | 30 pts per ₹150 spend → ₹160/mo (₹1,920/yr) | — |
| Travel | — | — | 12 pts per ₹200 spend → ₹120/mo (₹1,440/yr) |
| Top reward rate | 10X Membership Rewards | 20 Edge Miles/₹100 | 12 Edge Miles/₹200 |
| Primary reward cap | ₹500 eligible spend/mo | ₹5,000 eligible spend/mo | No monthly cap published |
| Perks & restrictions | |||
| Lounge access | None | None | Unlimited domestic + 8 international/year · ₹50,000 spend in previous 3 calendar months for domestic lounge (waived first 3 months on new issuance) |
| UPI rewards | Not supported (Visa/MC) | Not supported (Visa/MC) | Not supported (Visa/MC) |
| Key exclusions | Fuel · Insurance · Utilities · EMI · Rent | Non-IOCL fuel · EMI · Rent | EMI · Fuel · Rent · Wallet · Jewellery |
| Bonuses | |||
| Signup bonus | — | — | ₹25,000 |
Frequently asked questions
- Which card has the lower annual fee?
- American Express SmartEarn Credit Card has the lowest annual fee at ₹495.
- Which card earns more on moderate spend?
- Axis Bank Magnus Credit Card leads with an estimated ₹17,252/yr net annual value on moderate spend.
- Which card has the lower income requirement?
- American Express SmartEarn Credit Card lists a minimum monthly income of ₹25,000.
- Does this comparison pull my credit score?
- No. CardHungry estimates net value from public fee and reward rules only — no bureau check.
Customize your spend
Change spend profile or swap cards — results update live below.
American Express SmartEarn Credit Card
American Express
Axis IOCL Credit Card
Axis Bank
Axis Bank Magnus Credit Card
Axis Bank
Your adjusted comparison
| Feature | American ExpressGold American Express SmartEarn Credit Card •••• •••• •••• 4242 Quick facts American Express SmartEarn Credit Card Top reward10X Membership Rewards Annual fee₹495 Min income₹25,000/mo Tap to flip back American Express SmartEarn Credit Card American Express | Axis BankGold Axis IOCL Credit Card •••• •••• •••• 4242 Quick facts Axis IOCL Credit Card Top reward20 Edge Miles/₹100 Annual fee₹500 Min income₹25,000/mo Tap to flip back Axis IOCL Credit Card Axis Bank | Axis BankMetal Axis Bank Magnus Credit Card •••• •••• •••• 4242 Quick facts Axis Bank Magnus Credit Card Top reward12 Edge Miles/₹200 Annual fee₹12,500 Min income₹1,00,000/mo Tap to flip back Axis Bank Magnus Credit Card Axis Bank |
|---|---|---|---|
| Fees & eligibility | |||
| Annual fee | ₹495 | ₹500 | ₹12,500 |
| Fee waiver threshold | Waived at ₹40,000/yr spend | No waiver published | No waiver published |
| Min income | ₹25,000/mo | ₹25,000/mo | ₹1,00,000/mo |
| Secured / FD-backed | Standard | Standard | Standard |
| Rewards | |||
| Net annual value (moderate) | ₹1,650/yr | ₹1,366/yr | ₹17,252/yr |
| Online shopping | 5 pts per ₹25 spend → ₹25/mo (₹300/yr) (cap hit) | — | — |
| Groceries (offline) | — | 6 pts per ₹150 spend → ₹48/mo (₹576/yr) | — |
| Fuel | — | 30 pts per ₹150 spend → ₹160/mo (₹1,920/yr) | — |
| Travel | — | — | 12 pts per ₹200 spend → ₹120/mo (₹1,440/yr) |
| Top reward rate | 10X Membership Rewards | 20 Edge Miles/₹100 | 12 Edge Miles/₹200 |
| Primary reward cap | ₹500 eligible spend/mo | ₹5,000 eligible spend/mo | No monthly cap published |
| Perks & restrictions | |||
| Lounge access | None | None | Unlimited domestic + 8 international/year · ₹50,000 spend in previous 3 calendar months for domestic lounge (waived first 3 months on new issuance) |
| UPI rewards | Not supported (Visa/MC) | Not supported (Visa/MC) | Not supported (Visa/MC) |
| Key exclusions | Fuel · Insurance · Utilities · EMI · Rent | Non-IOCL fuel · EMI · Rent | EMI · Fuel · Rent · Wallet · Jewellery |
| Bonuses | |||
| Signup bonus | — | — | ₹25,000 |
Share this comparison
https://cardhungry.com/in/en/compare/amex-smartearn-vs-axis-iocl-vs-axis-magnusMore American Express SmartEarn Credit Card comparisons
- American Express SmartEarn Credit Card vs 811 Dream Different Credit Card
- American Express SmartEarn Credit Card vs AU Altura Credit Card
- American Express SmartEarn Credit Card vs AU Zenith Credit Card
- American Express SmartEarn Credit Card vs American Express Gold Card
- American Express SmartEarn Credit Card vs American Express Platinum Travel Card
- American Express SmartEarn Credit Card vs Amex Membership Rewards CC
- American Express SmartEarn Credit Card vs Axis Bank ACE Credit Card
- American Express SmartEarn Credit Card vs Axis Bank Airtel Credit Card
- American Express SmartEarn Credit Card vs Axis Bank Atlas Credit Card
- American Express SmartEarn Credit Card vs Axis Bank Flipkart Credit Card
- American Express SmartEarn Credit Card vs Axis Bank My Zone Credit Card
- American Express SmartEarn Credit Card vs Axis Bank Neo Credit Card