HDFC Regalia Gold vs Axis Atlas

[Manu_CK]

I tried to compare Regalia Gold and Atlas with some numbers (which is derived from my spending pattern) using Chat GPT. My prompt is the following

Can you compare HDFC Regalia Gold and Axis Atlas
- Compare the features
- Compare Exclusions
- Calculate the rewards in INR and reward percentage

My spend details are
- Total 8 lakhs a year
- Minimum 1.5 lakh spends in a calendar quarter
- Airline tickets + Hotel spend → <= 2 Lakhs
- Entertainment + Eating out → <= 1 lakhs
- Fuel → 90000
- Other spends will be → School fees, Insurance Payments, Government Utilities, Miscellaneous

• Consider Reg Gold rewards points at 0.50/-
• Consider the card renewal charges in the calculation. If the fees are waived off, consider it as 0/-
• Consider the normal calculations and ACCOR transfer scenarios both

The answer I got is a bit surprising. For the above numbers, Regalia has the upper hand on Atlas.

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4. Reward Calculation (Normal Value)​

HDFC Regalia Gold (₹0.50 / RP)​

1. Flights + Hotels via SmartBuy (5X)
   
   • Base: (₹2,00,000 ÷ ₹150) × 4 = 5,333 RP
   • 5X = 26,665 RP → Value = ₹13,333
   • (₹1,00,000 ÷ ₹150) × 4 = 2,666 RP → ₹1,333
2. Total Value (before fee) = ₹13,333 + ₹1,333 + ₹5,466 + ₹16,000 = ₹36,132
3. Fee after waiver check → Spend > ₹4L → Fee waived = ₹0
4. Final Value = ₹36,132 (Yield = 4.52%)

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Axis Atlas (₹1 / EM)​

1. Flights + Hotels (5 EM/₹100)
   
   • ₹2,00,000 ÷ ₹100 × 5 = 10,000 EM → ₹10,000
   • ₹1,00,000 ÷ ₹100 × 2 = 2,000 EM → ₹2,000
2. Total Value (before fee) = ₹10,000 + ₹2,000 + ₹8,200 + ₹5,000 = ₹25,200
3. Fee after waiver check → Spend < ₹15L → Fee = ₹5,000 + GST = ₹5,900
4. Final Value = ₹19,300 (Yield = 2.41%)

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5. Reward Calculation (Accor Transfer Scenario)​

Assumptions:

• HDFC Regalia Gold (2 RP = 1 ALL Point ≈ ₹1 → same as ₹0.50/RP)
• Axis Atlas: ₹1.80 / EM when transferred to Accor ALL (1 EM = 2 ALL points, 2 ALL points = €0.04)

HDFC Regalia Gold (₹0.50 / RP)​

• No change from normal: ₹36132 net, 4.52% yield.

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Axis Atlas (₹1.80 / EM)​

• Points from normal calculation: 25,200 EM equivalent
• Value = 25,200 × 2 × ₹1.80 = ₹90720
• Milestones (in EM) already included in above
• Fee = ₹5,900
• Final Value = ₹84820 (Yield = 10.6%)

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6. Summary Table​

Card	Normal Value	Normal Yield	Accor Value	Accor Yield
HDFC Regalia Gold	₹36,132	4.52%	₹36,132	4.52%
Axis Atlas	₹19,300	2.41%	₹84,820	10.60%

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[Aniket Sharma]

I tried to compare Regalia Gold and Atlas with some numbers (which is derived from my spending pattern) using Chat GPT. My prompt is the following

Can you compare HDFC Regalia Gold and Axis Atlas
- Compare the features
- Compare Exclusions
- Calculate the rewards in INR and reward percentage

My spend details are
- Total 8 lakhs a year
- Minimum 1.5 lakh spends in a calendar quarter
- Airline tickets + Hotel spend → <= 2 Lakhs
- Entertainment + Eating out → <= 1 lakhs
- Fuel → 90000
- Other spends will be → School fees, Insurance Payments, Government Utilities, Miscellaneous

• Consider Reg Gold rewards points at 0.50/-
• Consider the card renewal charges in the calculation. If the fees are waived off, consider it as 0/-
• Consider the normal calculations and ACCOR transfer scenarios both

The answer I got is a bit surprising. For the above numbers, Regalia beats Atlas.

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​

4. Reward Calculation (Normal Value)​

HDFC Regalia Gold (₹0.50 / RP)​

1. Flights + Hotels via SmartBuy (5X)
2. • Base: (₹2,00,000 ÷ ₹150) × 4 = 5,333 RP
   • 5X = 26,665 RP → Value = ₹13,333
3. Entertainment + Dining (Base Rate)
4. • (₹1,00,000 ÷ ₹150) × 4 = 2,666 RP → ₹1,333
5. Other Spends (Base Rate)
6. • (₹4,10,000 ÷ ₹150) × 4 = 10,933 RP → ₹5,466
7. Milestones
8. • ₹1,500 × 4 quarters = ₹6,000 vouchers
   • ₹5,000 @ ₹5L + ₹5,000 @ ₹7.5L = ₹10,000
9. Total Value (before fee) = ₹13,333 + ₹1,333 + ₹5,466 + ₹16,000 = ₹36,132
10. Fee after waiver check → Spend > ₹4L → Fee waived = ₹0
11. Final Value = ₹36,132 (Yield = 4.52%)

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Axis Atlas (₹1 / EM)​

1. Flights + Hotels (5 EM/₹100)
2. • ₹2,00,000 ÷ ₹100 × 5 = 10,000 EM → ₹10,000
3. Entertainment + Dining (Base 2 EM/₹100)
4. • ₹1,00,000 ÷ ₹100 × 2 = 2,000 EM → ₹2,000
5. Other Spends (Base Rate)
6. • ₹4,10,000 ÷ ₹100 × 2 = 8,200 EM → ₹8,200
7. Milestones
8. • ₹3L spend → 2,500 EM = ₹2,500
   • ₹7.5L spend → 2,500 EM = ₹2,500
   • Total = ₹5,000
9. Total Value (before fee) = ₹10,000 + ₹2,000 + ₹8,200 + ₹5,000 = ₹25,200
10. Fee after waiver check → Spend < ₹15L → Fee = ₹5,000 + GST = ₹5,900
11. Final Value = ₹19,300 (Yield = 2.41%)

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​

5. Reward Calculation (Accor Transfer Scenario)​

Assumptions:

• HDFC Regalia Gold: ₹0.80 / RP when transferred to Accor ALL
• Axis Atlas: ₹1.80 / EM when transferred to Accor ALL (1 EM = 2 ALL points, 2 ALL points = €0.04)

HDFC Regalia Gold (₹0.80 / RP)​

• Points from normal calculation: 36,265 RP equivalent
• Value = 36,265 × ₹0.80 = ₹29,012 (points only)
• Milestones = ₹16,000 vouchers (same as before)
• Total = ₹45,012 → Fee waived
• Final Value = ₹57,813 (Yield = 7.22%)

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Axis Atlas (₹1.80 / EM)​

• Points from normal calculation: 20,200 EM equivalent
• Value = 20,200 × ₹1.80 = ₹36,360 (points only)
• Milestones (in EM) already included in above
• Fee = ₹5,900
• Final Value = ₹39,460 (Yield = 4.93%)

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6. Summary Table​

Card	Normal Value	Normal Yield	Accor Value	Accor Yield
HDFC Regalia Gold	₹36,132	4.52%	₹57,813	7.22%
Axis Atlas	₹19,300	2.41%	₹39,460	4.93%

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Ideally on the Accor transfer, Atlas should have had the upper hand. Am I going wrong somewhere?

Attaching the details along with this post.

Bro change black font color, black on black isn't visible

 

[HumorSimpson]

Bro change black font color, black on black isn't visible

Seems another @D₹V (Da₹k Version) user.

 

[Amit_1]

Seems another @D₹V (Da₹k Version) user.

Same here ..

 

[Manu_CK]

Changed the font color

 

[Manu_CK]

Detailed Comparison → with and without Accor

Verdict
☼ HDFC Regalia Gold wins in raw returns hands down
☼ Axis Atlas wins in case of Accor conversions
☼ HDFC Regalia Gold's milestones are easier to achieve because of lesser exclusions
☼ The entire game of Atlas is risky because it is based on one relation and one equation i.e., 1:2 conversion rate. As Axis is unpredictable this can get devalued anytime. The day it get devalued, Atlas will be rendered useless.

Edit on 8/27/2025
One thing that I missed in the calculations. Reg Gold gives a ₹ 300/- Uber voucher for every ticket (max two tickets for a quarter) that you purchase through SmartBuy. This increases the raw returns of Regalia Gold

 

[hellowo₹ld]

Thread 'AXIS Atlas vs HDFC Regalia Gold vs AXIS Horizon vs HSBC TravelOne'

May 11, 2024

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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Spoiler: 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...

• hellowo₹ld
• Replies: 77
• Forum: Credit Card Comparison

• 
• 
• 

: )

 

[Manu_CK]

Thread 'AXIS Atlas vs HDFC Regalia Gold vs AXIS Horizon vs HSBC TravelOne'

May 11, 2024

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.

---

​

Spoiler: 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...

• hellowo₹ld
• Replies: 77
• Forum: Credit Card Comparison

• 
• 
• 

: )

I knew this compare buddy. Infact, this was my inspiration to do a comparison myself; limiting to only 2 cards.

What I found is Regalia Gold beats Atlas handsdown on raw rewards. Only Accor tilts the game in favour of Atlas; The day Accor is devalued, we will be back to square one.

Cheers'

 

[cardio_guycardio_guy is verified member.]

Thanks, @Manu_CK This helps.

Some questions/suggestions.
1. How does RG give reward point for fuel? Through fuel vouchers?
2. There is a chance many people are getting RG FYF. In that case, I think they don't get any joining benefit.
3. Can you share an excel sheet where we can enter our personal numbers and compare the returns? (Just make only inputs as editable)
4. If someone has both RG and Atlas, how to plan the spends and which card to use where. If the excel sheet can capture this it would be great.

 

[Manu_CK]

Thanks, @Manu_CK This helps.

Some questions/suggestions.
1. How does RG give reward point for fuel? Through fuel vouchers?
2. There is a chance many people are getting RG FYF. In that case, I think they don't get any joining benefit.
3. Can you share an excel sheet where we can enter our personal numbers and compare the returns? (Just make only inputs as editable)
4. If someone has both RG and Atlas, how to plan the spends and which card to use where. If the excel sheet can capture this it would be great.

Thanks

1. Well caught; it doesn't give you reward points on fuel but it is considered for milestone spends. For Atlas, it neither gives EdgeMiles nor considered towards milestones. I will update. n.b. Through fuel vouchers both cards gives you rewards.
2. For RG, I didn't consider any renewal bonus.
3. I can do
4. Tough.. On the same boat... will try.. I myself have an annual spends around 10L and got Atlas last month. Give me some time to think over the spread and device a strategy. Probably we will have to do a X + 3 spread, where Atlas takes 3L spends where ever there are not exclusions and the rest goes to RG.

 

[cardio_guycardio_guy is verified member.]

Thanks

1. Well caught; it doesn't give you reward points on fuel but it is considered for milestone spends. For Atlas, it neither gives EdgeMiles nor considered towards milestones. I will update. n.b. Through fuel vouchers both cards gives you rewards.
2. For RG, I didn't consider any renewal bonus.
3. I can do
4. Tough.. On the same boat... will try.. I myself have an annual spends around 10L and got Atlas last month. Give me some time to think over the spread and device a strategy. Probably we will have to do a X + 3 spread, where Atlas takes 3L spends where ever there are not exclusions and the rest goes to RG.

Thanks bro. I am also in the same situation. I have many cards, but last month I got Atlas, and all of my core spends are now moved to Atlas.
With my relationship with HDFC I think I will get RG FYF sometime this year. (Or at the best DCB, but chances are less)
I am planning to consolidate my card strategy with these 2 core cards alone.

I will write a detailed post on how I will use these two cards.
(Only now, after spending 2-3 years + using so many cashback and LTF cards, only now I got some clarity on how to consolidate and move forward).
One good thing I realized is that we need to take cards as per our spend categories and where/how we need returns, and not anything else.

 

[Aniket Sharma]

Thanks bro. I am also in the same situation. I have many cards, but last month I got Atlas, and all of my core spends are now moved to Atlas.
With my relationship with HDFC I think I will get RG FYF sometime this year. (Or at the best DCB, but chances are less)
I am planning to consolidate my card strategy with these 2 core cards alone.

I will write a detailed post on how I will use these two cards.
(Only now, after spending 2-3 years + using so many cashback and LTF cards, only now I got some clarity on how to consolidate and move forward).
One good thing I realized is that we need to take cards as per our spend categories and where/how we need returns, and not anything else.

Right that's the reason I also sorted my cards portfolio to 4 now.

DCBM for offline & smartbuy
Apay for Amazon only
Sbi Cashback for all online shopping
Sbi Aurum for wherever DCBM doesn't work and on petrol pumps.

 

[HumorSimpson]

Right that's the reason I also sorted my cards portfolio to 4 now.

DCBM for offline & smartbuy
Apay for Amazon only
Sbi Cashback for all online shopping
Sbi Aurum for wherever DCBM doesn't work and on petrol pumps.

Does sbi aurum participate in instant discounts of fk/az sales ?

 

[Wealth is my birth right!]

Right that's the reason I also sorted my cards portfolio to 4 now.

DCBM for offline & smartbuy
Apay for Amazon only
Sbi Cashback for all online shopping
Sbi Aurum for wherever DCBM doesn't work and on petrol pumps.

Offline dcbm getting accepted like mc/visa?
Fuel no rewards right dcb…only milestones counted?

 

[hellowo₹ld]

Offline dcbm getting accepted like mc/visa?

not that much but better than amex due to rupay collaboration.

Fuel no rewards right dcb…only milestones counted?

yes

 

[hellowo₹ld]

Does sbi aurum participate in instant discounts of fk/az sales ?

only sbi cashback excluded rest 80+ variants eligible for sales.

 

[hellowo₹ld]

Some questions/suggestions.
1. How does RG give reward point for fuel? Through fuel vouchers?

milestone benefits

2. There is a chance many people are getting RG FYF. In that case, I think they don't get any joining benefit.

joining benefits avaialble after achieving specific spends at that time.

3. Can you share an excel sheet where we can enter our personal numbers and compare the returns? (Just make only inputs as editable)
4. If someone has both RG and Atlas, how to plan the spends and which card to use where. If the excel sheet can capture this it would be great.

Regalia and then Atlas, IMO. Atlas required constant attention unless one can't spend atleast 5L on it, its not that useful and in that it needs atleast 60% spends on traveledge for better. But for 5L regalia gold is better with multiple redemption options and accelarated benefits for online shopping/grocery/offline shooping vouchers through gyftr.

 

[Aniket Sharma]

Does sbi aurum participate in instant discounts of fk/az sales ?

Yes, it does

 

[Aniket Sharma]

Offline dcbm getting accepted like mc/visa?
Fuel no rewards right dcb…only milestones counted?

Yeah almost wherever RUPAY is accepted, it also works.

Yes, that's why using aurum for fuel also no waiver of surcharge on dcbm.