HDFC Regalia Gold vs Axis Magnus Burgundy Credit Card Review
Two of India’s strongest premium cards — one for everyday high-spenders, one for the ultra-frequent flyer. Here’s exactly what you get and which one earns its keep.
Last updated: June 14, 2026 · Reviewed by CardInsider Editorial Team
Card Overviews
₹2,500 + Taxes
₹2,500 + Taxes
5 RP / ₹200
3.75% p.m.
12 domestic + 6 intl.
₹30,000 + Taxes
₹30,000 + Taxes
12 EDGE RP / ₹200
3.0% p.m.
Unlimited domestic + intl.
These two cards occupy very different corners of the premium market. HDFC Regalia Gold is a versatile lifestyle card that punches well above its ₹2,500 fee — offering solid rewards, airport lounge access, and quarterly milestone vouchers. Axis Magnus for Burgundy, on the other hand, is the preserve of high-net-worth Axis Bank clients, charging ₹30,000 annually but delivering a miles-conversion engine that frequent international travellers will find compelling.
Why We Like These Cards
HDFC Regalia Gold — The Case For It
At the ₹2,500 price point, very few cards can match Regalia Gold’s breadth of benefits. The base reward rate of 5 RPs per ₹200, an accelerated 5X on Myntra, Nykaa, Marks & Spencer, and Reliance Digital, plus the premium Gold Catalogue for redemption — this is a genuinely compelling package for someone who shops and travels regularly but doesn’t want a five-figure annual fee.
Axis Magnus Burgundy — The Case For It
Magnus Burgundy’s headline feature is its 5:4 miles conversion ratio — among the best available on any Indian credit card. If you consistently fly on partner airlines like Air India, Singapore Airlines (KrisFlyer), or Qantas, the value you can extract from accumulated EDGE miles far exceeds what most competing premium cards offer. Add unlimited lounge access, a low 2% forex mark-up, and four airport meet-and-greet services, and this becomes a proper travel premium card for the elite spender.
HDFC Regalia Gold: Rewards Program
Earning Rewards
| Spend Category | Reward Rate | Cap |
|---|---|---|
| All categories (incl. insurance, utilities, education) | 5 RP per ₹200 | No cap |
| Nykaa, Myntra, Marks & Spencer, Reliance Digital | 25 RP per ₹200 (5X) | 5,000 pts/month across brands |
| SmartBuy Instant Vouchers | 25 RP per ₹200 (5X) | As per SmartBuy T&C |
| Flights & Hotels via SmartBuy | Up to 50 RP per ₹200 (10X) | As per SmartBuy T&C |
Reward Redemption Values
Axis Magnus Burgundy: Rewards Program
Earning EDGE Reward Points
| Monthly Spend Tier | EDGE Points per ₹200 | Notes |
|---|---|---|
| Cumulative monthly spends up to ₹1.5 Lakh | 12 EDGE RP | Base tier |
| Cumulative monthly spends above ₹1.5 Lakh | 35 EDGE RP | Accelerated tier |
| Travel EDGE portal up to ₹2 Lakh/month | 60 EDGE RP | Best travel earn rate |
| Travel EDGE portal above ₹2 Lakh/month | 35 EDGE RP | After travel cap |
Miles Transfer Partners
The headline conversion ratio is 5 EDGE Miles = 4 Partner Points for most partners, creating up to 24% value-back on travel spends — the most powerful feature of this card.
Group A Partners (cap: 2 Lakh pts/year)
Ethiopian Airlines
Etihad Guest
Finnair Plus
JAL Mileage Bank
Singapore Airlines (KrisFlyer)
Royal Orchid Plus
Turkish Airlines
United MileagePlus
Lotusmiles
Wyndham Rewards
Group B Partners (cap: 8 Lakh pts/year)
Air India (Maharaja Club)
IHG One Rewards
Orchid Rewards
The Postcard Sunshine Club
Qantas Frequent Flyer
Radisson Rewards
Travel Benefits Compared
Airport Lounge Access
| Benefit | HDFC Regalia Gold | Axis Magnus Burgundy |
|---|---|---|
| Domestic Lounge Visits | 12/year (3 per quarter on ₹60K spend) | Unlimited (on ₹50K spend/quarter) |
| International Lounge Visits | 6/year via Priority Pass (primary + add-on) | Unlimited via Priority Pass |
| Guest Lounge Visits | Included in allocation | 4 intl. + 4 domestic guest visits/year |
| Boarding Edge Program | ✅ Spa, buffet, room upgrade (2/quarter) | — |
| Airport Meet & Greet | — | ✅ 4 complimentary/year |
| Forex Mark-up | Not specified | 2% (low) |
Milestone & Welcome Benefits
| Benefit | HDFC Regalia Gold | Axis Magnus Burgundy |
|---|---|---|
| Welcome Benefit | Swiggy One Membership + MMT Black Gold Membership | ₹5,000 voucher (Luxe / Postcard Hotels / Yatra) |
| Quarterly Milestone | ₹1,500 voucher on ₹1.5L spend (M&S, Reliance, Myntra, Marriott) | — |
| Annual Milestone (1) | ₹5,000 flight voucher on ₹5L annual spend | Annual fee waiver on ₹30L spend |
| Annual Milestone (2) | Additional ₹5,000 flight voucher on ₹7.5L spend | — |
| Total Possible Vouchers | Up to ₹16,000/year | ₹5,000 welcome + fee waiver |
Fees & Charges
| Fee Type | HDFC Regalia Gold | Axis Magnus Burgundy |
|---|---|---|
| Joining Fee | ₹2,500 + Taxes | ₹30,000 + Taxes |
| Annual Fee | ₹2,500 + Taxes | ₹30,000 + Taxes |
| Finance Charges | 3.75% p.m. (45% p.a.) | 3.0% p.m. (42.58% p.a.) |
| Cash Withdrawal Fee | 2.5% or ₹500 (whichever higher) | As per Axis Bank schedule |
| Annual Fee Waiver | Not specified in source | On ₹30 Lakh annual spend |
| Fuel Surcharge Waiver | — | 1% on ₹400–₹4,000 spends (₹400/month cap) |
Pros & Cons
HDFC Regalia Gold Credit Card
- Strong all-round rewards including insurance, utilities, and education spends
- 5X accelerated earning on Nykaa, Myntra, M&S, and Reliance Digital
- Gold Catalogue redemption at up to ₹0.65/point (Apple, Bose, Fitbit)
- Complimentary Swiggy One and MMT Black Gold memberships
- Up to ₹16,000 in annual milestone vouchers
- ₹1 Crore accidental air death cover and ₹15L overseas hospitalisation
- 5X accelerated earning limited to select brands only (capped at 5,000 pts/month)
- Statement credit redemption offers low value at ₹0.20/point
- High spend thresholds for maximum milestone benefit (₹7.5L annual)
- Lounge visits capped at 12 domestic and 6 international per year
Axis Magnus for Burgundy Credit Card
- Best-in-class 5:4 miles conversion ratio to partner airlines and hotels
- Unlimited international and domestic lounge access (quarterly spend-linked)
- Low 2% forex mark-up fee for international spending
- 4 airport meet & greet services — no longer available on standard Magnus
- Annual fee waiver on ₹30L spend, effectively making it free
- Up to 30% dining discount at 4,000+ restaurants across India
- Extremely high ₹30,000 annual fee — not justifiable for moderate spenders
- Exclusive to Axis Burgundy banking clients only — high eligibility barrier
- Welcome benefit worth only ₹5,000 vs. ₹30,000 fee paid
- Lacks Trident/Oberoi hotel benefits available on standard Magnus
- Annual cap of 10 Lakh points on miles transfers may limit heavy spenders
Detailed Rating Breakdown
HDFC Regalia Gold Ratings
Axis Magnus Burgundy Ratings
Side-by-Side Comparison
| Feature | HDFC Regalia Gold | Axis Magnus Burgundy |
|---|---|---|
| Annual Fee | ₹2,500 + Taxes | ₹30,000 + Taxes |
| Fee Waiver Condition | Not specified | ₹30 Lakh annual spend |
| Base Reward Rate | 5 RP / ₹200 | 12–35 EDGE RP / ₹200 |
| Accelerated Rate | 25 RP / ₹200 on select brands | 60 RP / ₹200 on Travel EDGE |
| Miles Conversion Ratio | 0.5 Air Miles per RP | 5 EDGE = 4 Partner Points |
| Domestic Lounge | 12 visits/year | Unlimited |
| International Lounge | 6 visits/year (Priority Pass) | Unlimited (Priority Pass) |
| Meet & Greet | ✗ | ✓ 4/year |
| Dining Discount | Via partner offers | Up to 30% at 4,000+ restaurants |
| Forex Mark-up | Standard | 2% (low) |
| Welcome Benefit | Swiggy One + MMT Black Gold | ₹5,000 gift voucher |
| Milestone Vouchers | Up to ₹16,000/year | — |
| Insurance Cover | ₹1Cr air accident + ₹15L overseas hospitalization | Purchase protection ₹2L + Credit shield ₹5L |
| Finance Charge | 3.75% p.m. | 3.0% p.m. |
| Eligibility | Salaried/Self-employed, age 21–65 | Axis Bank Burgundy clients only |
| Minimum Income | ₹1.5L/month (salaried private) | ₹3L/month OR ₹10L avg. quarterly balance |
Eligibility Criteria
HDFC Regalia Gold Credit Card
| Criteria | Requirement |
|---|---|
| Occupation | Salaried or Self-employed |
| Age | 21 to 60 years (65 years for self-employed) |
| Minimum Income (Salaried, Private) | ₹1.5 Lakh per month |
| Minimum Income (Salaried, Govt.) | ₹1 Lakh per month |
| Minimum Income (Self-employed) | ₹18 Lakh per annum |
Axis Magnus for Burgundy Credit Card
| Eligibility Path | Requirement |
|---|---|
| Savings Account Balance | Average quarterly balance of ₹10 Lakh |
| Savings + Current Account | Average quarterly balance of ₹10 Lakh across both |
| Total Relationship Value (TRV) | Minimum TRV of ₹30 Lakh |
| TRV with Demat Holdings | Minimum TRV of ₹1 Crore including Demat |
| Salary (Salaried Individuals) | Net salary of ₹3 Lakh+ per month credited to salary account |
| NRI Remittance | Foreign inward remittance of at least ₹40 Lakh in last 12 months |
Frequently Asked Questions
⚖️ Final Verdict
These two cards target completely different customers, and the answer to “which is better” depends entirely on who you are.
HDFC Regalia Gold is the clear winner for anyone looking for an all-round lifestyle and travel card under a manageable fee. At ₹2,500, you get impressive breadth — from Nykaa/Myntra rewards to flight vouchers, Priority Pass, MMT Black Gold, and even insurance coverage. It’s rare for a sub-₹5,000 card to offer this complete a package. If you spend across multiple categories, shop online regularly, and travel a few times a year, this card is among the very best in its class.
Axis Magnus Burgundy is for a different league of cardholder entirely. If you’re already an Axis Burgundy banking client, fly frequently on partner airlines, and can justify ₹30,000 in annual fees (or consistently hit ₹30L in spends to waive the fee), the 5:4 miles conversion ratio unlocks disproportionate travel value that very few Indian cards can match. The unlimited lounge access and airport meet-and-greet services reinforce its position as a true ultra-premium travel card.
Bottom line: Regalia Gold wins on accessibility, versatility, and fee-to-value ratio. Magnus Burgundy wins on miles depth and travel exclusivity. Know your spending pattern before choosing.