SBI Cashback vs Axis Burgundy Private
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
Axis Burgundy Private wins 4-3. Private-banking-tied super-premium — fee waived with banking AUM. SBI Cashback is still the right call if pure online cashback — 5% on any online merchant, no partner restrictions..
Side-by-side
| Criterion | SBI Cashback | Axis Burgundy Private |
|---|---|---|
| Annual fee | · ₹999 | No annual fee |
| Joining fee | · ₹999 | None |
| Top reward rate | = 5% (shopping) | = 5% (general) |
| Base reward rate | · 1% | 5% |
| Forex markup | · 3.5% | No FX fee |
| Welcome bonus | = Cashback offsets joining fee on first ₹999+ spend | = Burgundy Private banking relationship + 50K points |
| Fee waiver threshold | ₹200,000 / yr | · N/A (no fee) |
| Min income | ₹360,000 | · ₹10,000,000 |
| Min credit score | 750 | · 800 |
| Editorial rating | = 4.6/5 | = 4.6/5 |
Benefits compared
SBI Cashback
- 5% cashback on ALL online spends (not just listed merchants) — capped ₹5,000/month
- 1% cashback on offline spends
- Auto-credited within 2 days of statement
- 1% fuel surcharge waiver
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
›SBI Cashback vs Axis Burgundy Private: which is better?
Axis Burgundy Private wins on more dimensions (4 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 SBI Cashback for online shopping, Axis Burgundy Private for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
SBI Cashback: Cashback offsets joining fee on first ₹999+ spend. Axis Burgundy Private: Burgundy Private banking relationship + 50K points.