Quick Verdict

  • The Axis Bank Select Credit Cardⓘ wins for everyday spend with a higher base reward rate and strong category returns on grocery and online shopping.
  • The Eazydiner Indusind Bank Credit Cardⓘ excels for dining enthusiasts due to its 10% reward rate and complimentary EazyDiner Prime membership.
  • The Axis Bank Select card is cheaper to hold if you can meet its high waiver spend of Rs 10 lakh annually; otherwise, the IndusInd card’s lower waiver threshold of Rs 2 lakh is easier to achieve.
  • Choose Axis Bank Select if you value travel benefits, domestic and international lounge access, and golf perks; pick Eazydiner IndusInd for dining discounts and moderate spend requirements.

Side by Side

DetailAxis Bank Select Credit CardⓘEazydiner Indusind Bank Credit Cardⓘ
Annual feeRs 3,000Rs 2,999
Joining feeRs 3,000Rs 2,999
Fee waiver on spendRs 10.00 lakhRs 2.00 lakh
Reward rate1% base, 4% grocery, 2% online0.7% base, 10% dining
Reward typepointspoints
Domestic lounge8 per year4 per year
International lounge4 per yearNone
Forex markup1.5%3.5%
Best suited forrewards, grocery, lounge, travel, shoppingdining, rewards, lounge, travel

Rewards Compared

Spending Rs 10,000 on the Axis Bank Select Credit Cardⓘ earns Rs 100 back at the base rate, with elevated returns of Rs 400 on grocery and Rs 200 on online shopping. This makes it a strong contender for everyday and category-focused spenders who shop frequently in these segments. The card’s reward points can be particularly valuable for those who maximize grocery and online purchases.

In contrast, the Eazydiner Indusind Bank Credit Cardⓘ offers Rs 70 back at the base rate, which is lower than Axis Bank Select’s base rate. However, it shines in the dining category with a 10% reward rate, translating to Rs 1,000 back on Rs 10,000 spent dining out. This makes it ideal for food lovers who want to maximize rewards on dining expenses. The card also offers 10 reward points per Rs 100 on hotels, travel, entertainment, and shopping, enhancing its appeal for lifestyle spenders.

Fees Compared

The Axis Bank Select Credit Cardⓘ charges a joining fee and annual fee of Rs 3,000 each, but these fees can be waived by spending Rs 10 lakh annually, which breaks down to about Rs 83,333 per month. This is a high threshold, suitable for heavy spenders who can justify the fees through rewards and benefits. To cover the annual fee with base rewards alone, you need to spend around Rs 3 lakh annually.

The Eazydiner Indusind Bank Credit Cardⓘ has a slightly lower joining and annual fee of Rs 2,999 each, with a much more achievable waiver spend of Rs 2 lakh annually or about Rs 16,667 per month. The base rewards cover the fee only after spending approximately Rs 4.28 lakh annually, which is higher than Axis Bank Select but easier to waive due to the lower threshold.

In head-to-head terms, the Axis Bank Select card’s higher base rate justifies the Rs 1 extra annual fee compared to IndusInd, requiring only an additional Rs 333 spend to cover the rate gap.

Which One Should You Pick

Choose the Axis Bank Select Credit Cardⓘ if you are a high spender who shops frequently in grocery and online categories and values premium travel perks. Its domestic and international lounge access, golf benefits, and high reward rates make it a premium choice for lifestyle and travel enthusiasts who can meet the waiver threshold.

The Eazydiner Indusind Bank Credit Cardⓘ suits moderate spenders focused on dining and lifestyle rewards. Its 10% dining rewards, complimentary EazyDiner Prime membership, and dining discounts make it perfect for foodies who want to save on meals and enjoy curated experiences without needing to spend heavily elsewhere.

Skip the Axis Bank Select card if you cannot meet the high waiver spend or if you do not prioritize travel lounges. Avoid the IndusInd card if you rarely dine out or want international lounge access and lower forex markup.

What to Check Before You Apply

  • Confirm the spending caps on category rewards to ensure your typical expenses qualify fully.
  • Check the redemption value and options for reward points to maximize benefits.
  • Understand the waiver math carefully; high waiver thresholds can negate fee savings if you under-spend.
  • Consider the forex markup if you travel abroad frequently; Axis Bank Select’s 1.5% is more economical than IndusInd’s 3.5%.
  • Verify the domestic lounge access criteria, especially the Rs 50,000 annual spend gate for Axis Bank Select lounges.

FAQ

What is the difference in forex markup between these two cards?+
The Axis Bank Select Credit Cardⓘ charges a forex markup of 1.5%, which is significantly lower than the 3.5% charged by the Eazydiner Indusind Bank Credit Cardⓘ. This makes the Axis Bank Select card more cost-effective for foreign currency transactions.
How many lounge visits are included with each card?+
Axis Bank Select offers 8 domestic and 4 international lounge visits annually, subject to Rs 50,000 annual spend on domestic lounges. IndusInd’s Eazydiner card includes 4 domestic lounge visits per year but no international lounge access.
Can the annual fee be waived on both cards?+
Yes, but the waiver thresholds differ widely. Axis Bank Select requires Rs 10 lakh annual spend, while IndusInd Eazydiner requires Rs 2 lakh. Meeting these thresholds waives the joining and annual fees.
Which card is better for dining rewards?+
Eazydiner Indusind Bank Credit Card is superior for dining with a 10% reward rate and additional dining discounts via EazyDiner Prime membership, ideal for frequent diners.
Is the welcome benefit significant on either card?+
Both cards offer attractive welcome benefits: Axis Bank Select gives 10,000 EDGE Reward Points worth Rs 2,000, while IndusInd Eazydiner offers 2,000 bonus points, complimentary EazyDiner Prime membership, and a hotel stay voucher worth Rs 7,500, adding value beyond points alone.