HDFC Bank Infinia Credit Card vs Axis Bank Reserve Credit CardHDFC Bank Infinia Credit Card vs Axis Bank Reserve Credit Card

HDFC Bank Infinia vs Axis Bank Reserve Credit Card

Exclusive to affluent businessmen and individuals with substantial net worth, the HDFC Infinia stands out as a premier super-premium credit card in India. Freshly launched in a polished metallic design, the exclusive invitation-only card now comes with a membership fee of Rs. 12,500 for its esteemed users. With a plethora of premium perks covering travel, golf, dining, and beyond, the HDFC Infinia guarantees a luxurious journey and provides an impressive rewards system for spending.

Shifting focus to Axis Bank, their top-tier option in the high-end credit card market is the Reserve credit card. It comes with a hefty joining fee of Rs. 50,000 plus taxes but offers exceptional benefits. With rewards of up to 1.5% on domestic purchases and double points on international transactions, the Reserve card is quite appealing. Alongside, cardholders enjoy complimentary lounge access, hotel loyalty program memberships, special dining offers, and various other premium privileges.

Features and Benefits of HDFC Bank Infinia Credit Card and Axis Bank Reserve Credit Card

HDFC Bank Infinia Credit Card:

  1. Exclusive Offering:
    • Preferred choice for high net-worth individuals.
    • Invite-only card offered selectively by HDFC Bank.
    • Joining fee of Rs. 12,500, catering to a luxurious lifestyle.
  2. Key Features:
    • Concierge services, complimentary lounge access, golf rounds.
    • High reward rate.
    • Low forex markup fee of 2% for foreign currency spends.
  3. Welcome Benefits:
    • Receive a generous bonus of 12,500 reward points upon successfully completing the payment for your joining fee.
    • 1-year complimentary Club Marriott membership.
  4. Travel Benefits:
    • Unlimited lounge access through Priority Pass.
    • Discounts on Marriott hotels and ITC hotels.
    • SmartBuy portal for flight and hotel bookings.
  5. Dining and Movie Benefits:
    • 20% discount on food at Marriott hotels.
    • Good Food Trail program with dining discounts.
    • Complimentary 1+1 on buffets at ITC hotels.
  6. Golf Benefits:
    • Complimentary unlimited golf games at top courses.
    • Green fees, instructor fees, and golf balls included.
    • Access boundless golf coaching via the HDFC Infinia concierge service.
  7. Reward Earning Rate:
    • 5 RPs per Rs. 150 spent, excluding specific categories.
    • Up to 10x RPs on Smartbuy platform (capped at 15,000 per month).
  8. Reward Redemption:
    • Points redeemable for hotel/flight bookings, airmiles, products/vouchers.
    • Cashback and Tanishq/Apple vouchers also available.
  9. Fuel Surcharge Waiver:
    • 1% waiver on fuel spends between Rs. 400 and Rs. 1000.
    • Maximum benefit capped at Rs. 1000 per month.
  10. Renewal Fee Waiver:
    • Rs. 12,500 renewal fee waived on spending Rs. 10 Lakhs or more.
  11. Insurance Benefits:
    • Accidental air death cover of Rs. 3 Crores.
    • Coverage for medical emergencies, protection for credit liabilities, and shielding against credit risks.

Axis Bank Reserve Credit Card:

  1. Premium Offering:
    • Top-tier offering by Axis Bank.
    • Exclusive for high net-worth individuals and businessmen.
    • High joining fee of Rs. 50,000 plus taxes.
  2. Reward Rate:
    • Earn EDGE reward points for spends.
    • 2x rewards on international spends.
  3. Travel Benefits:
    • VIP assistance, luxury airport transfers, lounge access.
    • Club ITC Culinaire, Accorplus, Postcard Hotels benefits.
  4. Welcome Benefits:
    • Bonus 50,000 EDGE reward points on card activation.
    • Renewal bonus points on paying the annual fee.
  5. Dining and Movie Benefits:
    • BookMyShow BOGO offer, EazyDiner Prime membership.
    • Dining Delights program for discounts at partner restaurants.
    • Exclusive experiences through extraordinaryweekends.com.
  6. Golf Benefits:
    • Access to 50 complimentary golf rounds annually.
  7. Health and Medical Benefits:
    • Obtain a secondary medical evaluation, access health packages, and enjoy reduced rates on pathology tests.
    • Weljii offers, global medical assistance.
  8. Reward Earning Rate:
    • You earn 15 reward points for every Rs. 200 spent.
    • 2x reward points on international spends.
  9. Reward Redemption:
    • Exchange your accumulated points for various items, including products, electronics, and vouchers, using the Edge Rewards platform.
    • TravelEdge portal for hotel/flight bookings and experiences.
    • Convert points to partner airline or hotel points at a 5:4 ratio.
  10. Fuel Surcharge Waiver:
    • 1% waiver on fuel spends between Rs. 400 and Rs. 4000.
    • Maximum benefit capped at Rs. 400 per card statement cycle.
  11. Renewal Fee Waiver:
    • Rs. 50,000 renewal fee waived on spending Rs. 25 Lakhs or more.
  12. Insurance Benefits:
    • Buyer security, baggage mishap or delay coverage, and credit protection shield.

Fee and Charges of HDFC Bank Infinia Credit Card and Axis Bank Reserve Credit Card

HDFC Bank Infinia Credit Card:

  • Joining and annual fee of Rs. 12,500 plus taxes.
  • Low-interest rate of 1.99% per month, 23.8% per annum.
  • 2% forex markup fee, no cash withdrawal fee.

Axis Bank Reserve Credit Card:

  • Joining and renewal fee of Rs. 50,000 plus taxes.
  • Interest rate of 3% per month, 42.5% per annum.
  • 1.5% forex markup fee, no cash advance fee.

Comparison between HDFC Bank Infinia Credit Card and Axis Bank Reserve Credit Card

HDFC Bank Infinia Credit Card:

  1. Joining/Annual Fees: Rs. 12,500 plus taxes
  2. Welcome Benefits:
    • 12,500 reward points
    • Club Marriott membership for the first year
  3. Reward Earning Rate:
    • 5 RPs per Rs. 150 spent
    • Up to 10x RPs per Rs. 150 spent on the Smartbuy portal
  4. Reward Redemption:
    • Redeemable against flight/hotel bookings, airmiles, products, vouchers, Tanishq/Apple vouchers, and cashback.
  5. Travel Benefits:
    • Enjoy a complimentary Priority Pass membership granting you unlimited access to both international and domestic lounges.
    • Complimentary Club Marriott membership
    • Exclusive offers at ITC hotels
  6. Dining/Movie Benefits:
    • Experience unique dining advantages through the Good Food Trail initiative.
    • Dining benefits with the Club Marriott membership
    • Complimentary 1+1 on buffets at ITC hotels
  7. Golf Benefits: Enjoy boundless access to premier golf courses both domestically in India and internationally, ensuring limitless rounds of golfing pleasure.
  8. Renewal Fee Waiver: Exempted from expenses totaling Rs. 10 Lakhs or above within the card anniversary year.
  9. Forex Markup Fee: 2% of the total transaction amount

Axis Bank Reserve Credit Card:

  1. Joining/Annual Fees: Rs. 50,000 plus taxes
  2. Welcome Benefits: Receive 50,000 reward points upon activating your card and renewing your membership.
  3. Reward Earning Rate:
    • 15 RPs per Rs. 200 spent with the card
    • 2x reward points on international spends
  4. Reward Redemption:
    • You can exchange your points for products or vouchers on the Edge Reward portal. Alternatively, you can convert your points into miles with partner airlines, with a conversion rate of 5 points to 4 miles.
  5. Travel Benefits:
    • Complimentary domestic and international lounge access
    • Complimentary Club Marriott, Accorplus, and Club ITC Culinaire membership
  6. Dining/Movie Benefits:
    • Complimentary EazyDiner Prime membership
    • Up to 20% discount at partner restaurants with the Dining Delights program
    • BOGO offer on BookMyShow movie tickets
  7. Golf Benefits:  50 complimentary golf rounds per year at top golf courses in India and around the world
  8. Renewal Fee Waiver: If you spend Rs. 25 lakhs or more within the card anniversary year, the fees will be waived.
  9. Forex Markup Fee: 1.5% of the total transaction amount

Which credit card suits you best?

  • The HDFC Infinia and Axis Bank Reserve credit cards stand out as premier options among super-premium cards, presenting exclusive perks across a range of expenditure areas such as travel, dining, cinema, fuel, shopping, and beyond.
  • Both cards boast a great reward rate, allowing users to redeem points for products, vouchers, airmiles, cashback, etc.
  • For those who frequently spend in foreign currency or make international transactions, both cards have a lower forex markup fee compared to the standard 3.5%.
  • Both cards offer an array of advantages, including access to golf facilities, wellness benefits, and insurance protection, ensuring a comprehensive range of benefits for cardholders
  • Choosing between the two cards is a challenging decision. However, the HDFC Infinia credit card is recommended due to its lower joining fee compared to the Axis Bank Reserve credit card.
  • The Infinia card has an annual fee of Rs. 12,500, while the Reserve card charges Rs. 50,000, making a substantial difference in joining fees.
  • Although the Reserve card offers additional travel and health benefits not present in Infinia, the lower cost of the Infinia makes it a preferable choice for many.

Frequently Asked Questions (FAQs)

Q1: What are the key features that differentiate the HDFC Bank Infinia Credit Card from the Axis Bank Reserve Credit Card?

A1: Both cards belong to the super-premium tier, granting exclusive perks across diverse spending sectors. Nevertheless, they vary notably in terms of annual fees, unique advantages, and related expenses.

Q2: What benefits do these credit cards offer in terms of spending across different categories?

A2: Both cards provide exclusive advantages spanning various sectors such as travel, dining, entertainment, fuel, shopping, and more. Users can relish a wide array of premium perks tailored to different spending categories.

Q3: What’s the contrast in reward rates between HDFC Infinia and Axis Bank Reserve Credit Cards?

A3: Each card offers an impressive reward system, enabling users to exchange accumulated points for a variety of benefits such as products, vouchers, air miles, and cashback. It’s important for users to carefully examine the terms and conditions of each card as the reward rates may differ.

Q4: Are there any advantages for international travelers with these credit cards?

A4: Yes, both credit cards offer a lower forex markup fee than the standard 3.5%, making them favorable choices for those who spend regularly in foreign currency or make international transactions.

Q5: What extra advantages do these credit cards offer besides insurance coverage and wellness perks?

A5: Both the HDFC Infinia and Axis Bank Reserve Credit Cards provide access to comprehensive benefits, including golf privileges, health and wellness perks, and insurance coverage.

Q6: What factors should I consider when deciding between the HDFC Infinia and Axis Bank Reserve Credit Cards?

A6: When choosing a credit card, several factors should be taken into account. These include the yearly charges, the distinct advantages provided by each card, and your own spending habits. Although the Axis Bank Reserve Credit Card might provide certain exclusive perks, the HDFC Infinia card’s lower initial fee often makes it a preferable option for many individuals.

Q7: Can I redeem my reward points for different products and vouchers with both credit cards?

A7: Certainly! Both cards offer users the flexibility to utilize their accumulated reward points across a range of choices including products, vouchers, airmiles, cashback, and more. However, it’s recommended to review the specific terms and conditions associated with each card as the redemption options may differ.

Q8: Are there any hidden charges or fees associated with these credit cards?

A8: Users should carefully review the terms and conditions of each card to understand any hidden charges or fees. Generally, the annual fees, joining fees, and other charges are explicitly mentioned in the card documentation.

Q9: How can I apply for either the HDFC Infinia or Axis Bank Reserve Credit Card?

A9: To request a credit card from either HDFC Bank or Axis Bank, you’ll need to access their official websites. Once there, you’ll undergo an application process that usually entails completing an online form, submitting required documents, and ensuring you meet the specified eligibility requirements.

Q10: What customer support options are available for users of these credit cards?

A10: Both HDFC Bank and Axis Bank offer customer support services through various channels, including helpline numbers, online chat, and in-person assistance at their respective branches. Users can contact the banks for any queries related to their credit cards.

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