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 — see the calculator below.
›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.