Two cards for magic standards are included in Warhammer namely the Dread Banner and the War Banner. A unit's standard bearer can carry a magic standard if his Warhammer Armies book indicates that he can. Generally speaking, only the best units are allowed to carry these powerful items, as befitting their status.

The Dread Banner inspires fear in all those who encounter it, and the unit which carries it therefore causes fear as described in the Psychology section of this rulebook. The War Banner endows its bearers with steely determination and courage, adding +1 to their combat results score in any combat.