There are more transfer partners for Axis Magnus and Atlas. Magus gives Edge Rewards, which translates to 5:2 to the airline/ hotel partners (exclusions apply), similarly Atlas gives Edge Miles which translates to a 1:2 ratio for the same set of partners. At the end they gave better value. Magus was the best till 31st Aug as it gave 25k bonus for 1 lac monthly spends and 5:4 transfer ratio