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HDFC Regalia Gold vs Axis Magnus

Verified 28 sources

Your monthly spend

HDFC Regalia Gold beats Axis Magnus by ₹8,200 a year at ₹30,000 a month: ₹3,000 against −₹5,200, after fees

HDFC Regalia Gold beats Axis Magnus by ₹24,200 a year at ₹75,000 a month: ₹29,800 against ₹5,600, after fees

HDFC Regalia Gold beats Axis Magnus by ₹19,800 a year at ₹1.5 lakh a month: ₹43,600 against ₹23,800, after fees

Axis Magnus beats HDFC Regalia Gold by ₹57,700 a year at ₹3 lakh a month: ₹1,28,900 against ₹71,200, after fees

Axis Magnus beats HDFC Regalia Gold by ₹1,62,100 a year at ₹5 lakh a month: ₹2,70,000 against ₹1,07,900, after fees

HDFC Regalia Gold credit card

HDFC Bank

HDFC Regalia Gold

Our verdict: Keep

Axis Magnus credit card

Axis Bank

Axis Magnus

Our verdict: Keep

Axis Magnus vs HDFC Regalia Gold: which should you pick?

The upgrade question every Regalia Gold holder asks: is Magnus worth five times the fee? Regalia Gold pays HDFC points that move to 22 transfer partners at 2:1 or worse; Magnus pays 12 EDGE points per ₹200 up to ₹1.5L a month and 35 per ₹200 on every rupee above, moving 5:2 to 27 programmes. Regalia Gold wins under ₹2.25L a month; Magnus takes over from ₹2.25L. ₹2,500 waived at ₹4,00,000 of spend against ₹12,500 waived only at ₹25,00,000; both charge 2% abroad. Regalia Gold opens three domestic lounge visits a quarter on ₹60,000 of the previous quarter's spend and six Priority Pass visits abroad a year; Magnus unlimited Priority Pass visits abroad and unlimited domestic on ₹50,000 of spend in the previous three months.

Below ₹2.25 lakh a month HDFC Regalia Gold is the better card; from ₹2.25 lakh up, Axis Magnus takes over, and by ₹5 lakh a month it is ₹1,62,100 a year ahead. At ₹75,000 a month much of HDFC Regalia Gold's edge is the fee: its fee is waived at that spend, while Axis Magnus charges ₹12,500. Pick Axis Magnus instead if you want to move points to airlines and hotels: its points reach 27 transfer partners to HDFC Regalia Gold's 22.

HDFC Regalia Gold pays 2 annual spend milestones, the first at ₹5,00,000 a year, and Axis Magnus pays none.

HDFC Regalia Gold review Axis Magnus review

Side by side

HDFC Regalia Gold and Axis Magnus, fact by fact
FactHDFC Regalia GoldAxis Magnus
Can you get itOpen to applyOpen to apply
Fee (joining · annual, + GST)₹2,500/yr✓ Better₹12,500/yr
Fee waiverSpend ₹4,00,000 a yearSpend ₹25,00,000 a year
Reward rate on everyday spend1.6%2.4%✓ Better
PointsHDFC Reward PointsAxis EDGE Reward Points
Our value per point₹1.00 †₹0.40
Transfer partners2227✓ Better
Lounges it gets you into720 of 792✓ Better667 of 792
Forex markup2% + GST2% + GST
Welcome benefitComplimentary Swiggy One + MMT Black Gold memberships, on ₹1L spend in the first 90 days₹12,500 voucher — Luxe, Postcard Hotels or Yatra

✓ Better marks the side that wins a row; rows that compare unlike things are not scored. HDFC Regalia Gold is ahead on 6 of the 11 rows we can call.

More facts 8 rows
Rank, verdict, lounge visits and fine print
FactHDFC Regalia GoldAxis Magnus
Our rank#6#4✓ Better
Our verdictKeepKeep
Lounge visits in India3 visits/quarterUnlimited at the 20 rooms on Axis's Set B list (primary + add-on)
Lounge visits abroad6 visits/yr (Priority Pass, outside India only)Unlimited (Priority Pass)
Forex, in the bank’s words2% + GST2% + GST. Dynamic currency conversion markup 2% since 28 August 2026, up from 1.5% — NOT the bank-wide 3.5% — per Magnus's own revision notice
Interest (APR)3.75%/mo (45%/yr)3.0%/mo (42.58%/yr, compounded as quoted by Axis)
Income needed (salaried)₹1.5L+/month net (private); ₹1L+/month (govt)₹24L+/yr
Income needed (self-employed)ITR ₹18L+/yr₹24L+/yr

† 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.

Our value per point is what we think a point is worth when you use it well; every currency's figure and its reasoning is on points values.

What each is worth to you

A year of rewards and bonuses, after the fee
Monthly spendHDFC Regalia GoldAxis Magnus
At ₹30,000 a month₹3,000✓ Better−₹5,200
At ₹75,000 a month₹29,800✓ Better₹5,600
At ₹1.5 lakh a month₹43,600✓ Better₹23,800
At ₹3 lakh a month₹71,200₹1,28,900✓ Better
At ₹5 lakh a month₹1,07,900₹2,70,000✓ Better
Pays for itself from₹14,000 a month✓ Better₹52,000 a month

On an everyday mix of spending (groceries, bills, travel, fuel and the rest), using each card's own rules for each kind of spend. The same figures as each card's own page.

Every spend from ₹25,000 to ₹5 lakh 20 steps
HDFC Regalia Gold and Axis Magnus at each ₹25,000 step
Monthly spendHDFC Regalia GoldAxis MagnusAhead
₹25,000₹2,100✓ Better−₹6,500HDFC Regalia Gold by ₹8,600
₹50,000₹14,200✓ Better−₹400HDFC Regalia Gold by ₹14,600
₹75,000₹29,800✓ Better₹5,600HDFC Regalia Gold by ₹24,200
₹1 lakh₹34,400✓ Better₹11,700HDFC Regalia Gold by ₹22,700
₹1.25 lakh₹39,000✓ Better₹17,700HDFC Regalia Gold by ₹21,300
₹1.5 lakh₹43,600✓ Better₹23,800HDFC Regalia Gold by ₹19,800
₹1.75 lakh₹48,200✓ Better₹29,800HDFC Regalia Gold by ₹18,400
₹2 lakh₹52,800✓ Better₹45,800HDFC Regalia Gold by ₹7,000
₹2.25 lakh₹57,400₹63,500✓ BetterAxis Magnus by ₹6,100
₹2.5 lakh₹62,000₹93,600✓ BetterAxis Magnus by ₹31,600
₹2.75 lakh₹66,600₹1,11,200✓ BetterAxis Magnus by ₹44,600
₹3 lakh₹71,200₹1,28,900✓ BetterAxis Magnus by ₹57,700
₹3.25 lakh₹75,800₹1,46,500✓ BetterAxis Magnus by ₹70,700
₹3.5 lakh₹80,400₹1,64,200✓ BetterAxis Magnus by ₹83,800
₹3.75 lakh₹84,900₹1,81,800✓ BetterAxis Magnus by ₹96,900
₹4 lakh₹89,500₹1,99,400✓ BetterAxis Magnus by ₹1,09,900
₹4.25 lakh₹94,100₹2,17,100✓ BetterAxis Magnus by ₹1,23,000
₹4.5 lakh₹98,700₹2,34,700✓ BetterAxis Magnus by ₹1,36,000
₹4.75 lakh₹1,03,300₹2,52,400✓ BetterAxis Magnus by ₹1,49,100
₹5 lakh₹1,07,900₹2,70,000✓ BetterAxis Magnus by ₹1,62,100
How we work out the yearly value

We put each card through the same everyday mix of spending, apply that card's own rules for each kind of spend (some earn nothing on fuel or bills), add its milestone and renewal bonuses at our value per point, and take off the fee unless that spend waives it. Bonus categories that need you to shop a certain way are not counted. Your own mix will differ: try your numbers in the calculator, or read how we value cards.

Before you choose

Transfer partners 22 and 27

HDFC Regalia Gold's HDFC Reward Points move to 22 airline and hotel partners; Axis Magnus's Axis EDGE Reward Points move to 27.

The best-known partners both reach (points : miles)
PartnerHDFC Regalia GoldAxis Magnus
Singapore Airlines KrisFlyer2:15:2
Finnair Plus (Avios)2:15:1
Qatar Airways Privilege Club (Avios)100:335:1

Only HDFC Regalia Gold: Marriott Bonvoy, Avianca LifeMiles, Club ITC.

Only Axis Magnus: Ethiopian ShebaMiles, Hilton Honors, IndiGo BluChip.

Every partner and ratio is on each card's page; the best value for your points is on the transfer optimizer.

Watch out 6 points

HDFC Regalia Gold

  • Cashing out to your statement is ₹0.15 a point, down from ₹0.20 — HDFC's MITC dates it 1 Nov 2025, though its own page printed ₹0.20 until Jul-2026 and still does in one place
  • Jul-2026: 3 domestic lounge visits/quarter now need ₹60k prior-quarter spend
  • May 2026 cut lowered the effective earn ~6%

5 more on its page

Axis Magnus

  • The up-to-25,000 EDGE Miles monthly milestone is gone — the accelerated tier is all that's left
  • Marriott is still gone and ITC left the 25 Sep 2026 grid. Accor returned, but at 5:1 with BA, Finnair, Qatar, Cathay, IndiGo and Lotusmiles — not the 5:2 standard
  • Since Jun-2025 the 35/₹200 tier caps at (credit limit + ₹1.5L) a calendar month — spend past that ceiling drops back to 12 per ₹200, so recycling is dead

6 more on its page

Common questions 5 answered

Which is better, HDFC Regalia Gold or Axis Magnus?

Below ₹2.25 lakh a month HDFC Regalia Gold is the better card; from ₹2.25 lakh up, Axis Magnus takes over, and by ₹5 lakh a month it is ₹1,62,100 a year ahead. At ₹75,000 a month much of HDFC Regalia Gold's edge is the fee: its fee is waived at that spend, while Axis Magnus charges ₹12,500. Pick Axis Magnus instead if you want to move points to airlines and hotels: its points reach 27 transfer partners to HDFC Regalia Gold's 22.

HDFC Regalia Gold or Axis Magnus: which is worth more at ₹3 lakh a month?

Axis Magnus beats HDFC Regalia Gold by ₹57,700 a year at ₹3 lakh a month. Both figures are a year's rewards and bonuses on an everyday spending mix, after the fee.

Which costs less to get, HDFC Regalia Gold or Axis Magnus?

HDFC Regalia Gold: ₹2,500/yr against ₹12,500/yr. HDFC Regalia Gold waives its fee if you spend ₹4,00,000 a year; Axis Magnus waives its fee if you spend ₹25,00,000 a year.

Which gets you into more airport lounges, HDFC Regalia Gold or Axis Magnus?

HDFC Regalia Gold: 720 of the 792 lounges we track, against 667 for Axis Magnus. Visit limits and guest charges differ by card; each card's page lists them.

How current is this comparison?

HDFC Regalia Gold was last checked against its bank's own documents on 24 Oct 2026, Axis Magnus on 10 Oct 2026. Every figure here is worked out again from those records each time the site is built, so a change to either card shows up the day we log it.

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Sources

HDFC Regalia Gold was last checked against its bank's own documents on 24 Oct 2026, Axis Magnus on 10 Oct 2026. Every fact above comes from these 28 documents; the banks' own are marked official. A fact a bank does not publish shows as "not published", never as zero.

The documents 28 sources
  1. Official Product page — "5 Reward Points on every Rs. 200 spent", and the redemption table that prices this card's points, "Exclusive Gold Catalogue ₹0.65 · Flights and hotel bookings ₹0.5" read
  2. Official HDFC Bank Key Fact Statement cum MITC, version 4.15 dated October 2026 — clause I(x) prices a Regalia Gold point at 15 paise against the statement balance, with effect from 1 November 2025 read
  3. Official Product-feature-change notice PDF — Boarding Edge and "Earn 5 Reward Points for every ₹200 spent" both effective 15th May 2026 read
  4. Official Regalia Gold Rewards Points Program T&C — the 50,000 RP/month cap on MILES TRANSFERS, the four named 5X merchants, and the 1.75% dynamic & static conversion markup "W.e.f 15th May, 2026" read
  5. Official SmartBuy core-offer T&C (window 01-10-2026 to 31-10-2026) — the Regalia tier earns 5X on flights, 10X on hotels, 5X on brand vouchers, capped 4,000 RP a month read
  6. Official Product page (AMP mirror) — ₹4L waiver, 5X brands, milestones, redemption grid read
  7. Community CardInsider — May-2026 revision (5 RP/₹200, ₹60k lounge gate w.e.f. 1-Jul-2026, DCC 1.75%) read
  8. Community CardExpert — 3 visits/qtr behind ₹60k gate, PP 6/yr unchanged, Boarding Edge read
  9. Community CardInsider — RuPay Select variant launch (9-Oct-2025) read
  10. Community TechnoFino — issued on both Visa Signature and Mastercard World read
  11. Community CardInsider forex table — Regalia Gold 2% forex markup (below the 3.5% norm) read
  12. Community pointsmath HDFC transfer grid — the eligibility check for our 22 routes; Only Infinia, Diners Club Black and Regalia Gold have "all 21 transfer partners available" read
  13. Official HDFC's BANK-WIDE 15-May-2026 revision notice — its accrual table names "Regalia Gold | 5 | 200", corroborating the card-specific product-feature-change PDF read
  14. Official HDFC Bank consolidated fees & charges PDF (KFS/MITC, v2.5, Mar-2025) — the fees, charges and terms this card's MITC row is read from read
  15. Official HDFC Bank Rewards Points Program T&C — the fuel, rent, government, wallet and EMI exclusions and the monthly category caps read
  16. Official Magnus revision T&C PDF (eff. 20-Jun-2025) — 12 EDGE REWARD Points per ₹200 up to ₹1.5L a calendar month, 35 per ₹200 above it only up to (credit limit + ₹1.5L) read
  17. Official Axis Bank Magnus product page — welcome voucher worth ₹12,500 (Luxe, The Postcard Hotels or Yatra), unlimited domestic lounge visits read
  18. Official Axis Bank Key Fact Sheet, updated 12-Aug-2026 — Magnus joining ₹12,500 / annual ₹12,500 (Nil for a Burgundy Salary Account opened on or after 1 Jul 2026) read
  19. Official Axis's Magnus-specific revision notice — effective 28 Aug 2026: "Dynamic Currency Conversion markup will be revised to 2% from 1.5%" read
  20. Official Axis Bank Domestic Airport Lounge Access Program — Magnus sits in Set B with unlimited complimentary access, and is NOT on the list of cards exempted from the ₹50,000 read
  21. Official Axis Bank Points/Miles Transfer ratio table — "Reserve & Magnus credit card: 5 EDGE REWARD Points = 2 Partner Points", against 5:4 for Burgundy Private and Magnus for Burgundy read
  22. Community CardExpert review (portal earn + transfer caps) read
  23. Community CardInsider review read
  24. Community Apr-2026 partner purge read
  25. Community CardMaven — card network Visa Infinite (Mastercard World variant also issued) read
  26. Community CardMaven forum — Magnus RuPay live (Oct–Dec 2025), same fee & rewards read
  27. Community CardInsider forex table — Magnus 2% forex markup (below the 3.5% Axis standard) read
  28. Official Axis Bank master MITC for credit cards — the fees, charges and terms this card's MITC row is read from read

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