Kotak White Reserve vs Axis Magnus
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
Axis Magnus wins 4-2. High-spenders post-2024 devaluation, still solid for ₹2L+/month travel. Kotak White Reserve is still the right call if ultra-premium kotak card; rewards come from milestone white pass value, not a per-spend rate..
Side-by-side
| Criterion | Kotak White Reserve | Axis Magnus |
|---|---|---|
| Annual fee | = ₹12,500 | = ₹12,500 |
| Joining fee | = ₹12,500 | = ₹12,500 |
| Top reward rate | · Milestone | 12% (travel) |
| Base reward rate | · Milestone | 4.8% |
| Forex markup | = 2% | = 2% |
| Welcome bonus | · N/A | 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher |
| Fee waiver threshold | ₹1,000,000 / yr | · ₹2,500,000 / yr |
| Min income | = Not verified | = ₹1,800,000 |
| Min credit score | · N/A | 780 |
| Editorial rating | 4.6/5 | · 4.3/5 |
Benefits compared
Kotak White Reserve
- Milestone White Pass rewards, up to ₹2.5 lakh value per year
- Club Marriott membership (up to 25% off dining in India, up to 20% across Asia Pacific)
- 2% forex markup
- Annual fee waived at ₹10 lakh annual spend
Axis Magnus
- 12 EDGE points per ₹200 on travel via TravelEdge portal
- 4.8 EDGE points per ₹200 on general spend
- Unlimited international + domestic lounge access (Priority Pass)
- Buy 1 get 1 BookMyShow tickets monthly (capped 5)
- Annual ₹10,000 milestone vouchers from Tata CLiQ
- Concierge 24x7 + golf 4x/month
FAQ
›Kotak White Reserve vs Axis Magnus: which is better?
Axis Magnus wins on more dimensions (4 vs 2). But the right answer depends on your specific spending pattern, see the calculator below.
›Can I get both?
Yes, if your credit profile supports it, holding both is the optimal play. Use Kotak White Reserve for its best categories, Axis Magnus for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
Kotak White Reserve doesn't list a welcome bonus. Axis Magnus: 12,500 EDGE Reward Points + ₹10,000 Tata CLiQ voucher.