Axis Bank SELECT vs HDFC Regalia Gold (2026)
₹3,000 of Priority Pass international lounges vs ₹2,500 of transferable HDFC points — the lounge card against the mid-premium all-rounder, both redeeming below their sticker.
Head to head
| Metric | Axis Bank SELECT | HDFC Regalia Gold |
|---|---|---|
| Our rank | #33 | #10 |
| Annual fee | ₹3,000 + GST | ₹2,500 + GST |
| Fee waiver | ₹8,00,000 spend | ₹4,00,000 spend |
| Forex markup | 3.5% + GST | 2% + GST |
| APR | 3.75%/mo (55.55%/yr, compounded as quoted by Axis) — Axis standard tier | 3.75%/mo (45%/yr) |
| Effective reward rate | 2.0% | 1.6% |
| Currency | Axis EDGE Reward Points | HDFC Reward Points |
| House value | ₹0.40/pt † | ₹1.00/pt † |
| Welcome benefit | 10,000 EDGE Reward Points (₹2,000) on first transaction within 30 days | ₹2,500 gift voucher — self-refunding against the ₹2,500 fee — plus MMT Black & tier memberships on ₹1L spend in 90 days |
| Lounge doors opened | 581 of 644 | 588 of 644 |
| Income — salaried | ₹6L+/yr net (official product page) | ₹1.5L+/month net (private); ₹1L+/month (govt) |
| Income — self-employed | not published | ITR ₹18L+/yr |
† Axis Bank SELECT: Axis Select redeems EDGE Reward Points at ~₹0.20 on the rewards portal — half the ₹0.40 house value the premium Axis cards reach via 5:2 partner transfers. Our 2.0% rate prices that haircut in; the accelerated retail rate is really 10 points/₹200 at ₹0.20, not a transferable ₹0.40 mile.
† HDFC Regalia Gold: One catch on that ₹1.00: Regalia Gold can't reach it. Its points cap out at ₹0.65 (Gold Catalogue) or ₹0.50 (flights/hotels) — a 35–50% haircut vs the HDFC house value. Our 1.6% reward rate already prices that in.
Gold marks the better side of a row. House value is our ₹-per-point mark for each card's currency — the full valuation index →
Net annual value face-off
Everyday spend at each card's base rate plus a realistic ~20% at its best accelerator (less for narrow or capped boosters) — milestones, fee waivers and the redemption haircut all at our house ₹/point. That's why the biggest headline rate doesn't automatically win. Tune it to your own spend in the calculator.
HDFC Regalia Gold out-earns Axis Bank SELECT at every spend level we model, from ₹25k to ₹5L a month.
Transfer reach
Both reach
- Singapore Airlines KrisFlyer 5:2 vs 1:1
- British Airways Executive Club (Avios) 5:1 vs 2:1
- Finnair Plus (Avios) 5:1 vs 1:1
Only Axis Bank SELECT
- Ethiopian ShebaMiles
- IndiGo BluChip
- ITC Hotels
Only HDFC Regalia Gold
- Qatar Airways Privilege Club (Avios)
- Marriott Bonvoy
- ALL - Accor Live Limitless
Full route maps on each card page, best ₹/point routes on the optimizer →
The call
For the ₹1L/month spender, HDFC Regalia Gold nets ₹38,666 against ₹5,800 — a ₹32,866 gap. At ₹5L/month, HDFC Regalia Gold nets ₹1,29,328 against ₹5,800 — a ₹1,23,528 gap. Lounge chasers: HDFC Regalia Gold opens 588 of 644 tracked doors to Axis Bank SELECT's 581.
Our standing verdicts: Axis Bank SELECT — Keep; HDFC Regalia Gold — Keep. On our board, HDFC Regalia Gold sits at #10 to Axis Bank SELECT's #33 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →