Magic items are things like enchanted swords, magically forged armour, and magical devices such as crowns and rings which confer strange abilities upon their wearers. Only characters can carry these magic items and the number they can have is limited depending on the type of character as shown on the chart below.

There is a further kind of magic item which takes the form of a magic standard. This is a flag, banner or totem which can be carried by a regiment's standard bearer. Regiments entitled to carry magic standards are indicated in the Warhammer Armies book for their race.

Every magic item is represented by its own card and, with a few exceptions, an army may include only a single example of each item. The card includes the rules for the item as well as its points value.

Every item has a points value appropriate to its eftect; the more powerful it is the more 'points' it costs. Points values are discussed later on, and points values for different characters, war machines and troops are given in the Warhammer Armies books for each army.