Creditcard comparison (HDFC VS AXIS)

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Last Comment 2022-01-14

2022-01-12

Hi Dimers,

This is my first post so bear with me if I am going wrong. There are couple of posts on best credit card and we see couple of suggestions. Obviously the usage criteria differs. I have made a small comparison on credit cards of HDFC and Axis. Would love to hear your opinion. The calculation done is as per my interpretation. Please feel free to correct me and I can amend the table.

Credit card	Regalia	Millenium	Diner Club	Ace card
Key benefits		5% Cashback on Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato 1% cashback on all other spends (except Fuel) including EMI & Wallet transactions ₹1000 worth gift vouchers on spends of ₹1,00,000 and above in each calendar quarter Upto 20% discount on partner restaurants via Dineout The redemption against the statement balance will be at the rate of 1 CashPoint = ₹1 The minimum CashPoint balance required for redemption against the statement balance is 500 CashPoints.	Complimentary Annual memberships of Amazon Prime, Zomato Pro, MMT BLACK, BB Star and Times Prime Complimentary Ola cabs \| cult.fit Live \| BookMyShow \| TataCliQ vouchers on spends of over Rs. 40,000 every month 4 Reward Points for every ₹ 150 spent Upto 5% cashback via SmartBuy 2X Reward Points on weekend dining Complimentary Golf games across the finest courses in the world ( 2 per quarter)	Enjoy a Cashback of 5% on bill payment of the gas bills, electricity bills, DTH bills, and other utility bills on Google Pay. – Get a flat cashback of 4% on Swiggy. – Get a Cashback of 4% on OLA. – Enjoy 4% Cashback on Zomato. – There is a Cashback of 2% on all other spendings through this credit card. – There is no maximum limit on Cashback.
Foreign currency markup	2%
Lounge access Domestic	12	8	12	4
Lounge access International	6		12
Renewal Fee	2500	1000		499
Renewal Fee waveoff	3L	1L	3L	2L
Reward points	4RP for 150		4RP for 150
Reward points	1RP = 37		1RP = 37
Point conversion	1RP = 0.20	1RP = 0.30	1RP = 0.35

Based on above, I have made the below annual calculation for Cashback(CB) & Rewardpoint (RP) cards.

Annual spend	Spend	Regalia RP	Millenium CB	Diner Club RP	Ace card CB
Swiggy	10000	270	500	270	400
Zomato	10000	270	500	270	400
Amazon	10000	270	500	270	200
Flipkart	10000	270	500	270	200
Ola	5000	135	50	135	200
Uber	5000	135	250	135	100
Bills	20000	540	1000	540	1000
Insurance	100000	2702	10000	2702	2000
Wallet load	20000	540	200	540	400
Offline spends	30000	810	300	810	600
Total CB	220000	5942	13800	5942	5500
Total CB post conversion of RP		1188.4		2079.7

Disclaimer

We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.

8 Comments |

4 Dimers

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https://www.desidime.com/discussions/creditcard-comparison-hdfc-vs-axis?page=1#post_8200846

Sudarshan61

2022-01-12

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very Nice comparison 👏

update the card varient for diners club

https://www.desidime.com/discussions/creditcard-comparison-hdfc-vs-axis?page=1#post_8202785

desidimeuser122

2022-01-13

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isn’t the max cashback for millennia per cycle 1000?

also, how do you get 10k CB for it 1L insurance spend?

https://www.desidime.com/discussions/creditcard-comparison-hdfc-vs-axis?page=1#post_8203011

ynkamat

2022-01-13

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desidimeuser122 wrote:
isn’t the max cashback for millennia per cycle 1000?

also, how do you get 10k CB for it 1L insurance spend?

Thanks for raising this. Do Millenium card holders get 10% cashback if insurance is paid by smartbuy(Amazon voichers) or payzapp.(directly listed under billpay)

https://www.desidime.com/discussions/creditcard-comparison-hdfc-vs-axis?page=1#post_8203797

third.i.financial.advisors

2022-01-13

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Is there a chart in op .. my mobile is not showing as a chart but fully mixed up

https://www.desidime.com/discussions/creditcard-comparison-hdfc-vs-axis?page=1#post_8203976

desidimeuser122

2022-01-14

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ynkamat wrote:
Thanks for raising this. Do Millenium card holders get 10% cashback if insurance is paid by smartbuy(Amazon voichers) or payzapp.(directly listed under billpay)

even for Amazon vouchers isn’t it 5% now?