AXIS Atlas vs HDFC Regalia Gold vs AXIS Horizon

[helloworld]

This is a wiki post, so anyone with appropriate permissions can edit and make necessary changes.

General Note:​

Redemption calculations are assumptions for illustrative purposes and may vary. Please confirm specific terms directly with card issuers.

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Terminology:​

• EM: Edge Miles (Axis Rewards)
• RP: Reward Points (HDFC Rewards)
• FYF: First Year Free
• JF: Joining Fee
• LTF: Lifetime Free
• AF: Annual Fee
• BV: Brand Vouchers (e.g., Regalia Gold Milestone Benefit)
• SFV: SmartBuy Flight Voucher (e.g., Regalia Gold Milestone Benefit)
• 3Q/5Q: Quarters (for Regalia Gold milestones)
• TE: Travel Edge (Axis Travel Booking Platform)
• MP: Mile Point (Axis Redemption Value for EM)

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Joining Fee and Benefits:​

Category​	Atlas​	Horizon​	Regalia Gold​
Joining Fee	₹5900	₹3540	₹2950 (or FYF/LTF)
Welcome Benefit	2.5K EM	5K EM	₹2500 Voucher (if fee paid)
Annual Fee	₹5900	₹3540	₹2950 (or waived >₹4L spends)
Renewal Benefit	Up to 5K EM (Tier based) 0 (Silver Tier) 2.5K EM (Gold Tier) 5K EM (Platinum Tier)	1.5K EM	None (but waived for >₹4L)

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Spend Rewards:​

Category​	Atlas​	Horizon​	Regalia Gold​
Travel (Airlines, Hotels and Travel EDGE)	5 EM/₹100	5 EM/₹100	4 RP/₹150 (higher via SmartBuy)
Marks & Spencer, Myntra, Reliance Digital, Nykaa!	2 EM/₹100	2 EM/₹100	20 RP/₹150
General	2 EM/₹100	2 EM/₹100	4 RP/₹150

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Milestone Benefits:​

Category​	Atlas​	Horizon​	Regalia Gold​
1.5L Spends/Year	-	-	₹1500 BV (1Q)
3L Spends/Year	2.5K EM	-	-
5L Spends/Year	-	-	₹4500 BV (3Q) + ₹5000 SFV = ₹9500
7.5L Spends/Year	5K EM (Gold Tier)	-	₹ 7500 BV (5Q) + ₹ 5000 SFV = ₹12.5K
15L Spends/Year	10K EM (Platinum Tier)	-	-

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Redemption Options:​

Domestic Options​	Atlas​	Horizon​	Regalia Gold​
TravelEdge/SmartBuy	1 EM = ₹1	1 EM = ₹1	1 RP = ₹0.50p
Accor, Marriott, Wyndham (Gr. A)	2 EM = 1 MP (Marriott) 1 EM = 2 MP (Others) Group A: 30K EM Limit/Year Group B: 1.2L EM Limit/Year	1 EM = 1 MP Group A: 1L EM Limit/Year Group B: 4L EM Limit/Year	1 RP = up to 0.5 MP (Accor, Wyndham)
Vistara, ITC, IHG (Gr. B)	1 EM = 2 MP	1 EM = 1 MP	1 RP = upto 0.5 MP (IHG)
Products/Vouchers	1 EM = ₹0.20p	1 EM = ₹0.20p	1 RP = upto ₹ 0.35p Gold Catelogue: 1 RP = 0.65p
Statement Credit	-	-	1 RP = ₹0.20p

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Lounge Access:​

Location​	Atlas​	Horizon​	Regalia Gold​
Domestic	8 (Silver), 12 (Gold), 18 (Platinum)	32 visits (VISA), 24 visits (MC)	12 visits
International	4 (Silver), 6 (Gold), 12 (Platinum)	8 visits	6 visits

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Exclusions:​

• Atlas: Jewlry, Rent, Govt., Insurance, Fuel, Utilities, Wallet
• Horizon: Rent, Govt., Insurance, Fuel, Utilities, Wallet, Education, Transportation & Toll
• Regalia Gold: Rent, Govt., Wallet

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Net Return:

Ranges in percentage (e.g., 5.4% to -4.2%) explain best-to-worst-case returns:

• This range in the rewards table represents the possible return on your spending after factoring in joining fees, and milestone bonuses for specific spending levels.
  • Left Value (e.g., 5.4%)
    • This is the maximum reward rate achievable through optimal usage, like earning on Travel Edge purchases and redeeming at a high value (e.g., 1 mile = 2 INR). This rate takes effort but can be reached with strategic spending.
  • Right Value (e.g., -4.2%)
    • This represents the minimum achievable rate through regular spending and basic redemption (e.g., 1 mile = 1 INR). This is straightforward and attainable for all cardholders.
• So, for any given spending amount, you can expect a reward rate between these two values. The lower end is your minimum return, while the upper end is achievable with careful planning.

= Spend Rewards + Milestone Benefits + Welcome Benefits - Fee / Spends

Category​	Atlas (1 EM = ₹2 to ₹1)​	Horizon (1 EM = ₹1)​	Regalia Gold (1 RP = ₹0.50p)​
1.5L Spends/Year	10K EM to 5.5K EM - 5.9K Fee (JF) = 9.4% to -0.27%	12.5K to 8K EM - 3540 Fee (JF) = 5.97% to 2.97%	20K RP to 4K RP - 450 Fee (JF) = 7.36% to 2.03%
3L Spends/Year	20K EM to 11K EM - 5.9K Fee (JF) = 11.36% to 1.7%	20K to 11K - 3540 Fee (JF) = 5.48% to 2.48%	40K RP to 8K RP - 450 Fee (JF) = 7.01% to 1.68%
5L Spends/Year	30K EM to 15K EM - 5.9K Fee (JF) = 10.82% to 1.82%	30K to 15K - 3540 Fee (JF) = 5.29% to 2.29%	66.67K RP to 13.33K RP - 450 Fee (JF) = 8.47% to 3.14%
7.5L Spends/Year	45K EM to 22.5K EM - 5.9K Fee (JF) = 11.21% to 2.21%	-	1L RP to 20K RP - 450 Fee (JF) = 8.27% to 2.94%
15L Spends/Year	87.5K EM to 42.5K EM - 5.9K Fee (JF) = 11.27% to 2.44%	-	-

Spoiler: Not needed unless you redeem EM/RP 2nd year with renewal fee, then only check this..

1.5L Spends in a year	10K EM to 5.5K EM - 11.8K Fee (JF+AF) = 5.4% to -4.2%	14K to 9.5K EM - 7080 Fee (JF+AF) = 4.61% to 1.61%	20K RP to 4K RP - 3.4K Fee (JF+AF) = 7.23% to 0.06%
3L Spends in a year	20K EM to 11K EM - 11.8K Fee (JF+AF) = 9% to -0.25%	21.5K to 12.5K - 7080 Fee (JF+AF) = 4.8% to 1.8%	-
5L Spends in a year	30K EM to 15K EM - 11.8K Fee (JF+AF) = 9.64% to 0.64%	31.5K to 16.5K - 7080 Fee (JF+AF) = 4.88% to 1.88%	66.67K RP to 13.33K RP - 3.4K Fee (JF+AF) = 9.8% to 2.54%
7.5L Spends in a year	47.5K EM to 25K EM - 11.8K Fee (JF+AF) = 10.92% to 1.73%	-	1L RP to 20K RP - 3.4K Fee (JF+AF) = 9.83% to 2.53%
15L Spends in a year	92.5K EM to 47.5K EM - 11.8K Fee (JF+AF) = 11.45% to 2.36%	-	-

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Recommendations:​

1. Horizon: Best for generic spends, especially below ₹3L annually.
2. Atlas: Optimal for heavy spenders redeeming through 1:2 MP for travel/hotel partnerships.
3. Regalia Gold: Balanced choice for spending up to ₹7.5L with milestone benefits. Redemptions available for non-travel too.

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[drsel]

Congratulations very well done!
this is the first ever comparison between these two cards available anywhere on the net

 

[helloworld]

Congratulations very well done!
this is the first ever comparison between these two cards available anywhere on the net

Your better with atlas, check once and let me know if any changes.

 

[drsel]

Your better with atlas, check once and let me know if any changes.

Do all HDFC cards give points for utilities MCC 4900?

 

[helloworld]

Do all HDFC cards give points for utilities MCC 4900?

afaik, yes. no new updates in that category from HDFC.

 

[BVCBVC is verified member.]

@helloworld Good thread.

Even though it’s a Wiki Post, I suggest you to add Fuel Surcharge Waiver option, as Waiver is not applicable for Regalia Gold.

 

[helloworld]

Updated Horizon calculations.

 

[ujjwal2024]

This is a wiki post, so anyone with appropriate permissions can edit and make required changes.

Redemption calculations are complicated, so take it for assumption purpose.

CATEGORY	ATLAS	HORIZON	REGALIA GOLD
Joining Fee	5900	3540	2950 (or FYF/LTF)
Welcome Benefit	2.5K EDGE Miles (EM) #1	5K EM	2500 Voucher if Fee Paid (Net: -450)
Annual Fee	5900	3540	2950 (or LTF) waived if >4L Spends
Renewal Benefit	Upto 15K EM (based on Tier)* *See yearly benefit below	1.5K EM	0 (Net: -2950)
Exclusions	Jewlry, Rent, Govt., Insurance, Fuel, Utilities, Wallet	Utility, Insurance, Education, Govt. Spends, Wallet, Rent, Fuel, Transportation & Toll	Rent, Govt., Wallet
Travel (Airlines, Hotels and Travel EDGE)	5 EM/100 (upto 2L) then 2 EM/100	5 EM/100	4 RP/150 * (5x = Flights/BUS/MMT, 10x = Hotels, 3x = Trains)
Marks & Spencer, Myntra, Reliance Digital, Nykaa!	2 EM/100	2 EM/100	20 RP/150
Other Spends	2 EM/100	2 EM/100	4 RP/150
Yearly Benefit:	Annual + Milestone EM	-	Quarterly + Milestone RP/Brand vouchers (Myntra, Reliance Digital, Marriott etc.)/Smartbuy flight voucher
1.5L Spends in a year	-	-	1500Rs. BV (If spend in a quarter)
3L Spends in a year	0 EM + 2.5K EM = 2.5K EM	-	-
5L Spends in a year	-	-	4500Rs. (3Q) + 5000Rs. SV = 9500Rs.
7.5L Spends in a year	2.5K EM + 2.5K (3L) + 2.5K EM = 7.5 EM (Gold)	-	7500Rs. (5Q) + 5000Rs. SV = 12.5K Rs.
15L Spends in a year	5K EM + 2.5K (3L) + 2.5K (7.5L) + 5K EM = 15K EM (Platinum)	-	-
Redemption (Domestic Options):	Group A: 30K EM Limit/Year Group B: 1.2L EM Limit/Year	Group A: 1L EM Limit/Year Group B: 4L EM Limit/Year	Gold Catelogue: 1 RP = 0.65p
Travel EDGE (TE) / Smartbuy (SV)	1 EM = 1 Rs.	1 EM = 1 Rs.	1 RP = 0.50p
Accor, Marriott, Wyndham (Gr. A)	1 EM = 2 Miles/Points (MP) except Marriott 2 EM = 1 MP for Marriott	1 EM = 1 MP	1 RP = upto 0.5 MP (Accor, Wyndham)
Vistara, ITC, IHG (Gr. B)	1 EM = 2 MP	1 EM = 1 MP	1 RP = upto 0.5 MP (IHG)
Products/Vouchers	-	1 EM = upto 0.30p	1 RP = upto 0.35p
Statement Balance	-	-	1 RP = 0.20p
Lounge	Upto 18 Domestic, 12 International (based on Tier)	Upto 32 Domestic, 8 International	12 Domestic, 6 International (Direct benefit)
Net Return: 1 EM = 1 Rs. 1 MP = 1 Rs.	High reward 5M & MP to low reward 2 EM & TE Ex: Spent entirely on Travel EDGE to earn 5M/100 and redemption to 1:2 Miles/Hotel partner (high reward case) Or Spent entirely offline at 2M/100 and redemption through Travel EDGE 1:1 (low reward case)	High reward 5M & MP to low reward 2 EM & TE Ex: Spent entirely on Travel EDGE to earn 5M/100 and redemption to 1:1 Miles/Hotel partner (high reward case) Or Spent entirely offline at 2M/100 and redemption through Travel EDGE 1:1 (low reward case) *without Joining bonus/fee (will include once card official to everyone)	High reward 20 RP & Gold Catelogue to Low reward 4 RP & Direct Flight/Hotel booking (and spends 1.5L in a quarter)
1.5L Spends in a year	10K EM to 5.5K EM - 11.8K Fee (JF+AF) = 5.4% to -4.2%	9K to 4.5K EM - 3540 Fee (AF) = 3.64% to 0.64%	20K RP to 4K RP - 3.4K Fee (JF+AF) = 7.23% to 0.06%
3L Spends in a year	20K EM to 11K EM - 11.8K Fee (JF+AF) = 9% to -0.25%	16.5K to 7.5K - 3540 Fee (AF) = 4.3% to 1.32%	-
5L Spends in a year	30K EM to 15K EM - 11.8K Fee (JF+AF) = 9.64% to 0.64%	26.5K to 11.5K - 3540 Fee (AF) = 4.6% to 1.6%	66.67K RP to 13.33K RP - 3.4K Fee (JF+AF) = 9.8% to 2.54%
7.5L Spends in a year	47.5K EM to 25K EM - 11.8K Fee (JF+AF) = 10.92% to 1.73%	-	1L RP to 20K RP - 3.4K Fee (JF+AF) = 9.83% to 2.53%
15L Spends in a year	92.5K EM to 47.5K EM - 11.8K Fee (JF+AF) = 11.45% to 2.36%	-	-

Note: Redemption options high in Regalia Gold compared to Atlas/Horizon. And do note above values assumed if user redeemed those vouchers (that means user ok with that redemption) or transferred those miles to those programs (that means user aware those available programs) when applying these cards.

It seems no mention about fuel surcharge waiver in HDFC Regalia Gold. So, double check before using card but milestone benefits applicable on fuel spends too.

DM for referrals / check signature.

#1
2500 EDGE Miles shall be credited to cardholders’ EDGE Miles account upon successful completion of 1 transaction on the card within 37 days from the date of card issuance Note: This will be applicable for all cards sourced from 20th April 2024 onwards.

So regalia gold is best for Smartbuy and for general offline and travel spend, Atlas is better....Ok got it...I have regalia gold LTF and applied for atlas but the status is not moving at all

 

[helloworld]

So regalia gold is best for Smartbuy and for general offline and travel spend, Atlas is better....Ok got it...I have regalia gold LTF and applied for atlas but the status is not moving at all

atlas has higher transfer options. gold has higher redemption options.

 

[doctoramar]

This is a wiki post, so anyone with appropriate permissions can edit and make required changes.

Redemption calculations are complicated, so take it for assumption purpose.

CATEGORY	ATLAS	HORIZON	REGALIA GOLD
Joining Fee	5900	3540	2950 (or FYF/LTF)
Welcome Benefit	2.5K EDGE Miles (EM) #1	5K EM	2500 Voucher if Fee Paid (Net: -450)
Annual Fee	5900	3540	2950 (or LTF) waived if >4L Spends
Renewal Benefit	Upto 15K EM (based on Tier)* *See yearly benefit below	1.5K EM	0 (Net: -2950)
Exclusions	Jewlry, Rent, Govt., Insurance, Fuel, Utilities, Wallet	Utility, Insurance, Education, Govt. Spends, Wallet, Rent, Fuel, Transportation & Toll	Rent, Govt., Wallet
Travel (Airlines, Hotels and Travel EDGE)	5 EM/100 (upto 2L) then 2 EM/100	5 EM/100	4 RP/150 * (5x = Flights/BUS/MMT, 10x = Hotels, 3x = Trains)
Marks & Spencer, Myntra, Reliance Digital, Nykaa!	2 EM/100	2 EM/100	20 RP/150
Other Spends	2 EM/100	2 EM/100	4 RP/150
Yearly Benefit:	Annual + Milestone EM	-	Quarterly + Milestone RP/Brand vouchers (Myntra, Reliance Digital, Marriott etc.)/Smartbuy flight voucher
1.5L Spends in a year	-	-	1500Rs. BV (If spend in a quarter)
3L Spends in a year	0 EM + 2.5K EM = 2.5K EM	-	-
5L Spends in a year	-	-	4500Rs. (3Q) + 5000Rs. SV = 9500Rs.
7.5L Spends in a year	2.5K EM + 2.5K (3L) + 2.5K EM = 7.5 EM (Gold)	-	7500Rs. (5Q) + 5000Rs. SV = 12.5K Rs.
15L Spends in a year	5K EM + 2.5K (3L) + 2.5K (7.5L) + 5K EM = 15K EM (Platinum)	-	-
Redemption (Domestic Options):	Group A: 30K EM Limit/Year Group B: 1.2L EM Limit/Year	Group A: 1L EM Limit/Year Group B: 4L EM Limit/Year	Gold Catelogue: 1 RP = 0.65p
Travel EDGE (TE) / Smartbuy (SV)	1 EM = 1 Rs.	1 EM = 1 Rs.	1 RP = 0.50p
Accor, Marriott, Wyndham (Gr. A)	1 EM = 2 Miles/Points (MP) except Marriott 2 EM = 1 MP for Marriott	1 EM = 1 MP	1 RP = upto 0.5 MP (Accor, Wyndham)
Vistara, ITC, IHG (Gr. B)	1 EM = 2 MP	1 EM = 1 MP	1 RP = upto 0.5 MP (IHG)
Products/Vouchers	-	1 EM = upto 0.30p	1 RP = upto 0.35p
Statement Balance	-	-	1 RP = 0.20p
Lounge	Upto 18 Domestic, 12 International (based on Tier)	Upto 32 Domestic, 8 International	12 Domestic, 6 International (Direct benefit)
Net Return: 1 EM = 1 Rs. 1 MP = 1 Rs.	High reward 5M & MP to low reward 2 EM & TE Ex: Spent entirely on Travel EDGE to earn 5M/100 and redemption to 1:2 Miles/Hotel partner (high reward case) Or Spent entirely offline at 2M/100 and redemption through Travel EDGE 1:1 (low reward case)	High reward 5M & MP to low reward 2 EM & TE Ex: Spent entirely on Travel EDGE to earn 5M/100 and redemption to 1:1 Miles/Hotel partner (high reward case) Or Spent entirely offline at 2M/100 and redemption through Travel EDGE 1:1 (low reward case) *without Joining bonus/fee (will include once card official to everyone)	High reward 20 RP & Gold Catelogue to Low reward 4 RP & Direct Flight/Hotel booking (and spends 1.5L in a quarter)
1.5L Spends in a year	10K EM to 5.5K EM - 11.8K Fee (JF+AF) = 5.4% to -4.2%	9K to 4.5K EM - 3540 Fee (AF) = 3.64% to 0.64%	20K RP to 4K RP - 3.4K Fee (JF+AF) = 7.23% to 0.06%
3L Spends in a year	20K EM to 11K EM - 11.8K Fee (JF+AF) = 9% to -0.25%	16.5K to 7.5K - 3540 Fee (AF) = 4.3% to 1.32%	-
5L Spends in a year	30K EM to 15K EM - 11.8K Fee (JF+AF) = 9.64% to 0.64%	26.5K to 11.5K - 3540 Fee (AF) = 4.6% to 1.6%	66.67K RP to 13.33K RP - 3.4K Fee (JF+AF) = 9.8% to 2.54%
7.5L Spends in a year	47.5K EM to 25K EM - 11.8K Fee (JF+AF) = 10.92% to 1.73%	-	1L RP to 20K RP - 3.4K Fee (JF+AF) = 9.83% to 2.53%
15L Spends in a year	92.5K EM to 47.5K EM - 11.8K Fee (JF+AF) = 11.45% to 2.36%	-	-

Note: Redemption options high in Regalia Gold compared to Atlas/Horizon. And do note above values assumed if user redeemed those vouchers (that means user ok with that redemption) or transferred those miles to those programs (that means user aware those available programs) when applying these cards.

It seems no mention about fuel surcharge waiver in HDFC Regalia Gold. So, double check before using card but milestone benefits applicable on fuel spends too.

DM for referrals / check signature.

#1
2500 EDGE Miles shall be credited to cardholders’ EDGE Miles account upon successful completion of 1 transaction on the card within 37 days from the date of card issuance Note: This will be applicable for all cards sourced from 20th April 2024 onwards.

Hi! Is 5x i.e 20 points for 150 spent valid on flight booking only on smartbuy or other portals also.

 

[ujjwal2024]

Hi! Is 5x i.e 20 points for 150 spent valid on flight booking only on smartbuy or other portals also.

only on smartbuy

 

[liza10o]

On atlas , if i have to redeem points for non partner airlines like indigo, then for me 1rp = 1rs during booking flight, and is there a limit on how many rp can be used in 1 txn or % of total txn that can be redeemed using rp like we have in hdfc?

 

[helloworld]

On atlas , if i have to redeem points for non partner airlines like indigo, then for me 1rp = 1rs during booking flight, and is there a limit on how many rp can be used in 1 txn or % of total txn that can be redeemed using rp like we have in hdfc?

min. 300, max -- never tested. Also, its 100% as of today but no guarantee after month.

@drsel any idea about max limit for direct booking?

 

[liza10o]

min. 300, max -- never tested. Also, its 100% as of today but no guarantee after month.

@drsel any idea about max limit for direct booking?

But for indigo it seems that hdfc is a better option:

Say for a 5000 spent on flight booking:
Atlas:
5,000÷100×5 = 250 rp = 250 rs
Hdfc:

5,000÷150=33.3
33×4×5×0.5=330 rs

 

[liza10o]

Is 1 mp = 1 rs? Or is it partner specific
If parter specific, then it's good to add that list as well

 

[helloworld]

Is 1 mp = 1 rs? Or is it partner specific
If parter specific, then it's good to add that list as well

1MP = 1 Rs. if booked revenue tickets through travel edge.

1 EM = 2 Miles/Points (MP) except Marriott
2 EM = 1 MP for Marriott

1 EM = 2 MP

for partner transfers..

 

[liza10o]

1MP = 1 Rs. if booked revenue tickets through travel edge.





for partner transfers..

Im sorry but trying to understand, what would be the value of each mp at partner website, like for eg. for a 5k flight, i need 7k mp, for 1 rs i need 2 mp, is these a fixed conversion for this?

 

[liza10o]

But for indigo it seems that hdfc is a better option:

Say for a 5000 spent on flight booking:
Atlas:
5,000÷100×5 = 250 rp = 250 rs
Hdfc:

5,000÷150=33.3
33×4×5×0.5=330 rs

Is this correct?

 

[sourpai]

Is this correct?

It is 5000/150*5*5 = 825 points redeemable for 1:1 on flights and hotels (For Infinia, DCB, DCB metal only)
But for Regalia Gold, 5000/150*4 = 660 points redeemable for 1:0.5 = 330 on flights and hotels

For Atlas, it is
5000/100*5 = 250 points transferable to Airmiles at 1:2 = 500 Airmiles / Accor points

 

[helloworld]

Im sorry but trying to understand, what would be the value of each mp at partner website, like for eg. for a 5k flight, i need 7k mp, for 1 rs i need 2 mp, is these a fixed conversion for this?

1MP = 1Rs. when booked through travel edge, direct flights.. like for 5k flight you'll redeem 5k MP. Its not partner website, its 'traveledge'. (Its like the way you used 0.5 for your hdfc calculation)