Creditcard comparison (HDFC VS AXIS)
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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. |
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| 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 |
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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.
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6 Dimers
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https://www.desidime.com/discussions/creditcard-comparison-hdfc-vs-axis?page=1#post_8202785
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_8203797
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_9499290
In Millenia
Its shown like this what is the difference
- Redeem CashPoints at the conversion rate of 1 CashPoint = ₹0.30
- The redemption against the statement balance will be at the rate of 1 CashPoint = ₹1
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very Nice comparison 👏
update the card varient for diners club