FinTown Rating: 3.5 / 5

Review Summary:

The HDFC Regalia Credit card is targeted at premium customers that want travel benefits. Although the diversity of the spend benefits is very low, the travel benefits with airport lounge access are some of the best in the segment. This card is targeted at those who primarily want to use it for airport lounges as opposed to rewards points. It’s also a great value for those who fly frequently on Air Vistara with the Regalia offering one a complementary Club Vistara membership.

Pros:

  • Excellent travel benefits
    • Priority Pass membership: 6 complimentary access passes to international airport lounges per year
    • Visa/MasterCard  Lounge Access: 2 domestic lounge passes per quarter
    • Club Vistara Membership: 9 Club Vistara points for every Rs. 100 spent on Vistara flights
  • Overseas transaction fee of 2%
  • Joining benefit of 2500 Reward Points

Cons:

  • Very minimal rewards program
  • No rewards and benefits outside travel category
  • No rewards for spend milestones

HDFC Regalia Credit Card: Fees & Charges:

  • Annual Fee: Rs. 2500 + GST
    • Spend Rs. 3L in 12 Months and get Renewal Fee waived for next renewal year.
  • Joining Fee: Rs. 2500 + GST
  • Annual Percentage Rate (Annual Interest Rate): 35.4%
  • Cash Advance Fee: 2.5% or Rs. 300, whichever is higher
  • Overseas Transaction Fee: 2%
  • Late payment fee: Rs. 100 – Rs. 700 (depends on amount due)

HDFC Regalia Credit Card: Eligibility Criteria

  • Salaried: Gross Monthly Income of at least Rs. 120,000, Ages between 21 and 60
  • Self-employed: ITR Income of at least Rs.12,00,000, Ages between 21 and 60

What is the value of the HDFC Regalia Credit Card?

Some of the benefits of the HDFC Regalia Credit Card are:

  • Travel Benefits:
    • 6 complimentary access passes to international airport lounges per year
    • Visa/MasterCard  Lounge Access: 2 domestic lounge passes per quarter
  • Rewards: For Rs. 75,000 spend in other reward categories, cardholders make 3 rewards points for every Rs. 150 spent. So, one will make about 1500 rewards points which can be redeemed for approximately Rs. 500 in Amazon vouchers.
  • Joining benefit:
    • 2500 Reward Points
    • Spend INR 3 Lakhs to get annual renewal fee waived off for next year
  • Comprehensive Protection
    • In case of Air accident death, the nominated person will receive INR 1 Crore
    • Medical Emergency protection up to INR 15 lakhs outside home country
    • Credit Liability cover of upto INR 9 Lakhs

Which other cards should you look at?

Another great option comparable to the HDFC Regalia Credit card is the SBI Prime card. The SBI Prime Card has an annual fee of Rs. 2999 and has an excellent rewards program with air lounge access, Vistara Silver Membership, and Trident Privilege Red Tier Membership included. The rewards program covers spend across utility payments, shopping, groceries, dining, and retail.

Final Verdict:

If you are looking at an entry level premium credit card with excellent travel benefits with airport lounges, then the HDFC Regalia is for you. However, if you are looking to earn travel rewards and you do not care for the Priority Pass membership or Club Vistara membership, you may find other cards that have better rewards programs.

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