For a ₹2.5 lakh monthly spend aimed at earning Accor points, Axis ATLAS gives 11,000 Edgemiles, which convert to 22,000 Accor points. If you spend ₹3L, you get 27,000 points worth ₹48,600, giving a 19.4% return. Magnus Burgundy gives 68,000 Edge Rewards with 5X on travel, converting to 54,400 Accor points worth ₹97,920. After a ₹35,000 fee (if applicable), the net value is ₹62,920, or a 25.2% return. Verdict: Magnus is better if your spends are on travel and you get the fee waived. ATLAS is simpler but gives lower returns.