HDFC MoneyBack+ vs Axis Burgundy Private
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
Axis Burgundy Private wins 5-3. Private-banking-tied super-premium, fee waived with banking AUM. HDFC MoneyBack+ is still the right call if entry-level cashback with very low waiver bar..
Side-by-side
| Criterion | HDFC MoneyBack+ | Axis Burgundy Private |
|---|---|---|
| Annual fee | · ₹500 | No annual fee |
| Joining fee | · ₹500 | None |
| Top reward rate | = 5% (shopping) | = 5% (general) |
| Base reward rate | · 2% | 5% |
| Forex markup | · 3.5% | No FX fee |
| Welcome bonus | = 500 CashPoints on first transaction | = Burgundy Private banking relationship + 50K points |
| Fee waiver threshold | ₹50,000 / yr | · N/A (no fee) |
| Min income | ₹240,000 | · ₹10,000,000 |
| Min credit score | 720 | · 800 |
| Editorial rating | · 4.1/5 | 4.6/5 |
Benefits compared
HDFC MoneyBack+
- 5% on Amazon, Flipkart, Big Basket, Reliance Smart Bazaar (capped ₹1K/month)
- 2% on EMI transactions
- 1 fuel surcharge waiver
- Quarterly milestone vouchers
Axis Burgundy Private
- 5 EDGE points per ₹100
- Unlimited international + domestic lounge access
- Annual fee waived for Burgundy Private clients (₹5Cr+ AUM)
- 0% forex markup on travel via Travel EDGE
- Dedicated relationship manager + concierge
FAQ
›HDFC MoneyBack+ vs Axis Burgundy Private: which is better?
Axis Burgundy Private wins on more dimensions (5 vs 3). But the right answer depends on your specific spending pattern. Run your own monthly spend through the maximizer to see which one pays you more.
›Can I get both?
Yes, if your credit profile supports it, holding both is the optimal play. Use HDFC MoneyBack+ for its best categories, Axis Burgundy Private for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
HDFC MoneyBack+: 500 CashPoints on first transaction. Axis Burgundy Private: Burgundy Private banking relationship + 50K points.