Axis Burgundy or HDFC Imperia

[gurpreet.9211]

I hold account with axis(8+ years) and have offer to upgrade to Burgundy. Which got me thinking if I should upgrade or switch to HDFC with imperia account.

What are the pros and cons, if someone can share experience.

P.S. : I have Axis Magnus CC

 

[adi]

Get any n block your RM no. (Reason below)
All private banks RM gets huge target from banks to sell (chipka do bs customer ko) policy.

Imo you should only change if you are not satisfied with them.

Sab private banks ka Bura haal hai.

 

[kishorvr]

If it was me, i would take both if both or either one was ltf. If both are chargeable, i would take Infinia.

 

[adi]

If it was me, i would take both if both or either one was ltf. If both are chargeable, i would take Infinia.

Bro padh toh le ek baar

 

[kishorvr]

Bro padh toh le ek baar

Sure

 

[kkk]

If it was me, i would take both if both or either one was ltf. If both are chargeable, i would take Infinia.

He is asking for Saving account. Axis Burgundy vs HDFC Imperia.

 

[kishorvr]

He is asking for Saving account. Axis Burgundy vs HDFC Imperia.

Oops. Pls ignore my post. I replied in sleepy state.

 

[Aryan Malhotra]

I hold account with axis(8+ years) and have offer to upgrade to Burgundy. Which got me thinking if I should upgrade or switch to HDFC with imperia account.

What are the pros and cons, if someone can share experience.

P.S. : I have Axis Magnus CC

Axis Burgundy would be better considering you have magnus which will continue to give good reward rate even after devaluation, benefits are almost same in imperia and burgundy

 

[AritraSaha]

I hold account with axis(8+ years) and have offer to upgrade to Burgundy. Which got me thinking if I should upgrade or switch to HDFC with imperia account.

What are the pros and cons, if someone can share experience.

P.S. : I have Axis Magnus CC

If your experience with axis bank has good so far, then stick to burgundy.
Otherwise can look into different bank.

*they might downgrade you & charges you if u don't maintain TRV

 

[Trust Me]

I hold account with axis(8+ years) and have offer to upgrade to Burgundy. Which got me thinking if I should upgrade or switch to HDFC with imperia account.

What are the pros and cons, if someone can share experience.

From your statement it appears that you're not quite satisfied with your experience with Axis. Otherwise you wouldn't be looking for alternatives!

I have both Burgundy and Imperia. In my considered view Axis are not a professionally run organization. They appear to me to be a disjointed lot of various departments with no functional communication mechanism between them! If some issues appear, your BM (let alone your RM), with all the good intentions, would likely be as helpless as you are, and won't be able to get you a quick resolution. And things are always breaking down! There are many other issues too.

That's why I like to call them the 'As Is' Bank, you take whatever you get.

HDFC, with all their faults, are relatively better. Basic things tend to work there, unlike at Axis.

With Indian private banks, it is a matter of choosing the lesser evil. In my view, HDFC are the lesser evil of the two.

 

[jainsuk]

My 2 cents. It really depends on your luck and the RM you are provided. My experience with Axis Burgundy RM is much better than HDFC Infinia RM (absolutely useless and HDFC also does not seem to care). Considering that Burgundy will continue to provide 5:4 miles transfer it may be a better option.

 

[niks]

From your statement it appears that you're not quite satisfied with your experience with Axis. Otherwise you wouldn't be looking for alternatives!

I have both Burgundy and Imperia. In my considered view Axis are not a professionally run organization. They appear to me to be a disjointed lot of various departments with no functional communication mechanism between them! If some issues appear, your BM (let alone your RM), with all the good intentions, would likely be as helpless as you are, and won't be able to get you a quick resolution. And things are always breaking down! There are many other issues too.

That's why I like to call them the 'As Is' Bank, you take whatever you get.

HDFC, with all their faults, are relatively better. Basic things tend to work there, unlike at Axis.

With Indian private banks, it is a matter of choosing the lesser evil. In my view, HDFC are the lesser evil of the two.

Couldn't agree more. Probably the only downside of HDFC as compared to Axis is that, as compared to Axis, there are more things in HDFC that require visiting the branch instead of using the app (e.g. changing your contact email address). But at least things get done. I have had nothing but poor experience with Axis, whether for my personal account, or for my office related corporate account.

 

[PavanPavan is verified member.]

My 2 cents. It really depends on your luck and the RM you are provided. My experience with Axis Burgundy RM is much better than HDFC Infinia RM (absolutely useless and HDFC also does not seem to care). Considering that Burgundy will continue to provide 5:4 miles transfer it may be a better option.

i am with you MY HDFC RM is Dam useless

 

[Cardmarvel]

Both are pretty much useless. But with Burgundy, you get some benefits such as Golf and BMS offer. Don’t know how much that matter though. I am holding Imperia for 4 years and yet to find out or use one benefit

 

[Trust Me]

Considering that Burgundy will continue to provide 5:4 miles transfer it may be a better option.

What does Burgundy have to do with the 5:4 miles transfer?!

 

[Trust Me]

I am holding Imperia for 4 years and yet to find out or use one benefit

I've recently got a free locker as promised.

 

[CARDBITRAGE]

Burgandy will come in handy(for now) if you have the Axis Magnus.
Imperia offers you a free locker, but I'm finding it very hard to procure one. Apart from that, you can directly connect to the phone banking executive circumventing the IVR. That's the feature I like the most. XD

 

[Trust Me]

Yes, I agree that how good the RM turns out to be depends on the luck of the draw.

But what matters much more to me is the overall culture of the Bank. In my view Axis are not an honorable organization. Just one example (there are more):

1. One that many here can relate to is the reward points system. Both HDFC and Axis ask for 90 to 120 days. HDFC automatically credit mine without fail, usually much earlier too.

On the other hand, Axis typically wait till 120 days or more, and often don't credit the points at all without me having to ask for those. It's so annoying for me having to beg for my entitlement that I've stopped using my Select card (or the DC) unless there is an instant discount.

There are more serious transgressions as well. Axis are a dishonorable organization.

 

[AritraSaha]

From your statement it appears that you're not quite satisfied with your experience with Axis. Otherwise you wouldn't be looking for alternatives!

I have both Burgundy and Imperia. In my considered view Axis are not a professionally run organization. They appear to me to be a disjointed lot of various departments with no functional communication mechanism between them! If some issues appear, your BM (let alone your RM), with all the good intentions, would likely be as helpless as you are, and won't be able to get you a quick resolution. And things are always breaking down! There are many other issues too.

That's why I like to call them the 'As Is' Bank, you take whatever you get.

HDFC, with all their faults, are relatively better. Basic things tend to work there, unlike at Axis.

With Indian private banks, it is a matter of choosing the lesser evil. In my view, HDFC are the lesser evil of the two.

Does it even worth it to have this kind of high end account.

If i don't keep the required mab they will downgrade me & charges me.

What do you think?🧐

 

[Trust Me]

Does it even worth it to have this kind of high end account.

If i don't keep the required mab they will downgrade me & charges me.

What do you think?🧐

These are no high end accounts, -- those are meant for bigger people! 🙂.

For SB accounts I look for the easiest way to get all basic services free of cost (of course, with the expectation of minimum acceptable levels of service).

I find it easier to go the TRV way. That gives me more control, without having to worry about maintaining the AMB all the time. I try to get the highest level consistent with the TRV I can afford. That sometimes gets me useful frills, and sometimes nothing that is of much value to me. But that's how it goes.

If I anticipate a decease in the TRV, I can always downgrade the account to the next lower level (within reason). This way I never have to worry about maintaining the AMB and the consequent charges.