Quick Verdict

  • The HDFC Bank BizBlack Metal Edition Credit Card ⓘ wins for everyday spending with a higher base reward rate of 3.33% compared to 1.5% on the Mayura Credit Card ⓘ.
  • For travel and lounge access, the BizBlack card also leads with unlimited international lounge visits and a superior travel reward rate of 16.67%, versus Mayura’s 3% travel rewards and limited 8 international lounge visits annually.
  • The Mayura Credit Card ⓘ is cheaper to hold, with half the joining and annual fees, and a lower forex markup of 1.5% compared to BizBlack’s 2%.
  • Choose BizBlack if you are a premium business or frequent traveler seeking top-tier rewards and unlimited lounges. Pick Mayura if you want a more affordable premium card with good rewards on dining, travel, and online spends, plus golf access.

Side by Side

DetailHDFC Bank BizBlack Metal Edition Credit Card ⓘMayura Credit Card ⓘ
Annual feeRs 10,000Rs 5,999
Joining feeRs 10,000Rs 5,999
Fee waiver on spendRs 7.50 lakhNot recorded
Reward rate3.33% base, 16.67% travel, 3.33% utilities1.5% base, 3% dining, travel, online
Reward typepointspoints
Domestic loungeUnlimitedUnlimited
International loungeUnlimited8 per year
Forex markup2%1.5%
Best suited forbusiness, premium, travel, lounge, rewardspremium, travel, lounge, rewards, forex, shopping
Golf accessNot listedYes

Rewards Compared

Spending Rs 10,000 on the HDFC Bank BizBlack Metal Edition Credit Card ⓘ earns Rs 333 in rewards at the base rate. This jumps significantly for travel expenses, where the card offers a 16.67% reward rate, translating to Rs 1,667 back per Rs 10,000 spent. Utilities spend earns the base rate of 3.33%, same as the general category. This makes BizBlack a highly rewarding card for travel and business expenses.

In contrast, the Mayura Credit Card ⓘ delivers Rs 150 per Rs 10,000 spent as a base reward, half of BizBlack’s base rate. However, it shines in select categories like dining, travel, and online shopping, all offering 3% rewards or Rs 300 per Rs 10,000 spent. While not as lucrative as BizBlack’s travel rate, Mayura’s category rewards provide a balanced return across lifestyle spends, especially for premium users who value diverse rewards.

Fees Compared

The BizBlack card demands a hefty Rs 10,000 joining fee and an equal annual fee, but these can be waived with an annual spend of Rs 7.50 lakh, which breaks down to Rs 62,500 per month. This waiver threshold is quite high, meaning most users will pay the fees unless they spend extensively. The base reward rate covers the fee with a spend of about Rs 3.00 lakh annually, which is lower than the waiver threshold but still a significant amount.

Mayura requires a much lower Rs 5,999 joining and annual fee, with no stated fee waiver on spend. The base rate needs about Rs 4.00 lakh in annual spend to cover the fee cost. This makes Mayura more accessible for users unwilling or unable to meet a steep waiver threshold, though the fees must be considered as a fixed cost for moderate spenders.

Comparing these, BizBlack’s extra Rs 4,001 annual fee demands an additional Rs 2.19 lakh of spend for its higher reward rate to offset the cost difference. So, only high spenders or those maximizing travel benefits will find BizBlack’s fees justified.

Which One Should You Pick

The HDFC Bank BizBlack Metal Edition Credit Card ⓘ suits affluent business users or premium travelers who spend heavily on travel and utilities and value unlimited lounge access, including international lounges. If you consistently spend over Rs 7.50 lakh annually and want top-tier rewards and benefits, this card justifies its high fees and joining cost.

The Mayura Credit Card ⓘ is ideal for moderate to high spenders seeking a premium card with decent rewards on dining, travel, and online shopping, plus golf access and a lower forex markup. Its lower fees make it suitable if you do not meet BizBlack’s high waiver threshold but still want some travel and lounge perks.

In conclusion, choose BizBlack if you are a heavy spender and frequent traveler prioritizing rewards and lounge access. Skip it if your spend is below Rs 3 lakh annually or you want lower fees. Opt for Mayura if you want a mid-tier premium card with reasonable fees and decent rewards, but consider skipping it if you demand unlimited international lounge access or higher travel rewards.

What to Check Before You Apply

  • Confirm the exact monthly spending needed to waive fees, especially for BizBlack’s Rs 7.50 lakh annual spend requirement.
  • Understand the redemption process and value of points since both cards use points but reward rates differ drastically by category.
  • For foreign travel, check the forex markup cost: BizBlack charges 2% while Mayura is cheaper at 1.5%.
  • Verify whether the unlimited lounge access includes all lounges you frequent, and note Mayura’s 8 international lounge visits per year limit.

FAQ

What are the joining and annual fees for each card?+
The HDFC Bank BizBlack Metal Edition Credit Card has a Rs 10,000 joining fee and Rs 10,000 annual fee, both potentially waivable with Rs 7.50 lakh annual spend. The Mayura Credit Card charges Rs 5,999 for both joining and annual fees without a stated waiver.
Which card offers better rewards for travel spending?+
BizBlack offers an exceptional 16.67% reward rate on travel spends, significantly higher than Mayura’s 3%, making it the better choice for frequent travelers seeking maximum rewards.
How many airport lounge visits do I get with these cards?+
BizBlack provides unlimited domestic and international lounge access, while Mayura offers unlimited domestic lounges but limits international lounge visits to eight per year.
What is the forex markup on foreign currency transactions for these cards?+
BizBlack charges 2% forex markup, whereas Mayura has a lower 1.5% markup, making Mayura more cost-effective for foreign currency spends.
Is there any golf access benefit with these cards?+
Golf access is available only with the Mayura Credit Card, adding value for users who enjoy golfing privileges.