Side-by-side · honest numbers
Axis Bank Magnus Credit Card vs IDFC FIRST WOW Credit Card vs SBI Card ELITE
Honest side-by-side comparison of Axis Bank Magnus Credit Card, IDFC FIRST WOW Credit Card, SBI Card ELITE — 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 SBI Card ELITE by about ₹15,551/yr.
| Feature | Axis Bank Magnus Credit Card Axis Bank | IDFC FIRST WOW Credit Card IDFC FIRST Bank | SBI Card ELITE SBI Card |
|---|---|---|---|
| Fees & eligibility | |||
| Annual fee | ₹12,500 | Lifetime free | ₹4,999 |
| Fee waiver threshold | No waiver published | Lifetime free | ₹10,00,000/yr |
| Min income | ₹1,00,000/mo | Not stated | ₹60,000/mo |
| Secured / FD-backed | Standard | FD-backed | Standard |
| Rewards | |||
| Net annual value (moderate) | ₹17,252/yr | ₹800/yr | ₹1,701/yr |
| Travel | 12 pts per ₹200 spend → ₹120/mo (₹1,440/yr) | — | 8 pts per ₹150 spend → ₹67/mo (₹800/yr) |
| Top reward rate | 12 Edge Miles/₹200 | 1X reward points | 5X reward points |
| Primary reward cap | No monthly cap published | No monthly cap published | No monthly cap published |
| Perks & restrictions | |||
| Lounge access | Unlimited domestic + 8 international/year · ₹50,000 spend in previous 3 calendar months for domestic lounge (waived first 3 months on new issuance) | None | 8 complimentary domestic lounge visits per year · No minimum spend required for lounge access |
| UPI rewards | Not supported (Visa/MC) | Earns: Reward points on eligible spends via UPI and card · cap Lifetime-free; standard earn caps per IDFC T&Cs | Not supported (Visa/MC) |
| Key exclusions | EMI · Fuel · Rent · Wallet · Jewellery | Not stated | Fuel · Rent · Wallet · EMI · Government |
| Bonuses | |||
| Signup bonus | ₹25,000 | — | ₹5,000 |
Frequently asked questions
- Which card has the lower annual fee?
- IDFC FIRST WOW Credit Card has a ₹0 annual fee (lifetime free or zero-fee tier).
- 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?
- SBI Card ELITE lists a minimum monthly income of ₹60,000.
- Which cards are secured (FD-backed)?
- IDFC FIRST WOW Credit Card is secured — useful for thin credit files without a bureau pull at application.
- 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.
Axis Bank Magnus Credit Card
Axis Bank
IDFC FIRST WOW Credit Card
IDFC FIRST Bank
SBI Card ELITE
SBI Card
Your adjusted comparison
| Feature | 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 | IDFC FIRST BankClassic IDFC FIRST WOW Credit Card •••• •••• •••• 4242 Quick facts IDFC FIRST WOW Credit Card Top reward1X reward points Annual feeLifetime Free Tap to flip back IDFC FIRST WOW Credit Card IDFC FIRST Bank | SBI CardPlatinum SBI Card ELITE •••• •••• •••• 4242 Quick facts SBI Card ELITE Top reward5X reward points Annual fee₹4,999 Min income₹60,000/mo Tap to flip back SBI Card ELITE SBI Card |
|---|---|---|---|
| Fees & eligibility | |||
| Annual fee | ₹12,500 | Lifetime free | ₹4,999 |
| Fee waiver threshold | No waiver published | Lifetime free | ₹10,00,000/yr |
| Min income | ₹1,00,000/mo | Not stated | ₹60,000/mo |
| Secured / FD-backed | Standard | FD-backed | Standard |
| Rewards | |||
| Net annual value (moderate) | ₹17,252/yr | ₹800/yr | ₹1,701/yr |
| Travel | 12 pts per ₹200 spend → ₹120/mo (₹1,440/yr) | — | 8 pts per ₹150 spend → ₹67/mo (₹800/yr) |
| Top reward rate | 12 Edge Miles/₹200 | 1X reward points | 5X reward points |
| Primary reward cap | No monthly cap published | No monthly cap published | No monthly cap published |
| Perks & restrictions | |||
| Lounge access | Unlimited domestic + 8 international/year · ₹50,000 spend in previous 3 calendar months for domestic lounge (waived first 3 months on new issuance) | None | 8 complimentary domestic lounge visits per year · No minimum spend required for lounge access |
| UPI rewards | Not supported (Visa/MC) | Earns: Reward points on eligible spends via UPI and card · cap Lifetime-free; standard earn caps per IDFC T&Cs | Not supported (Visa/MC) |
| Key exclusions | EMI · Fuel · Rent · Wallet · Jewellery | Not stated | Fuel · Rent · Wallet · EMI · Government |
| Bonuses | |||
| Signup bonus | ₹25,000 | — | ₹5,000 |
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https://cardhungry.com/in/en/compare/axis-magnus-vs-idfc-first-wow-vs-sbi-eliteMore Axis Bank Magnus Credit Card comparisons
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