HDFC Bank Doctor’s Regalia Credit Card – Benefits, Fees & Eligibility

HDFC Bank Doctor’s Regalia Credit Card

Introduction

The HDFC Bank Doctor’s Regalia Credit Card is exclusively designed for doctors, aiming to complement their lifestyle by providing attractive travel benefits and features. This card rewards users with points not only on retail spends but also on rent and utility bill payments. Cardholders can enjoy luxurious travel through extensive airport lounge access across the globe with a Priority Pass membership. Addressing the international travel needs of doctors, the card features a low Foreign Currency Markup fee of 2%. It is a reward-based card that offers 4 Reward Points on every Rs. 150 spent on retail purchases, including payments for rent and utility bills. The annual membership fee is Rs. 2,500, with a provision for waiver based on the previous year's spending.

Welcome Benefits

• You receive 2,500 Reward Points as a welcome gift.

Fees

• Joining Fee: Rs. 2,500 + GST
• Renewal Fee: Rs. 2,500 + GST
• Spend-Based Waiver:
  • The renewal fee of Rs. 2,500 can be waived off upon spending Rs. 3 Lakhs or more in the previous year.
• Rewards Redemption Fee: Rs. 99 (plus applicable taxes)
• Foreign Currency Markup: 2% (plus applicable taxes) on all foreign currency spends.
• Interest Rates: 3.49% per month (equivalent to 41.88% annually).
• Fuel Surcharge:
  • Enjoy a 1% fuel surcharge waiver at all fuel stations across India.
  • Applicable on transactions between Rs. 400 and Rs. 5,000.
• Cash Advance Charges: 2.5% of the amount withdrawn or Rs. 500, whichever is higher.

Rewards

• General Rewards Rate:
  • Earn 4 Reward Points on every Rs. 150 spent on all retail transactions.
  • This includes spends on Insurance, Utilities, Education, and Rent Pay.
• Annual Spends Benefit:
  • Earn Bonus 10,000 Reward Points when you spend Rs. 5 Lakhs in the anniversary year.
  • Earn an additional 5,000 Reward Points when you spend Rs. 8 Lakhs in the anniversary year.
• Domestic Lounge Access:
  • Receive 12 complimentary lounge accesses per calendar year within India (at both domestic and international terminals) using your HDFC Bank Regalia Credit Card.
  • Swipe your Regalia credit card at the lounge to avail the complimentary access.
  • Visits exceeding the complimentary quota will be allowed at the discretion of the lounge and will be chargeable.
• International Lounge Access (Priority Pass Membership):
  • You can apply for Priority Pass for yourself and add-on members after completing a minimum of 4 retail transactions on your HDFC Bank Regalia Credit Card.
  • You and your add-on members can together avail up to 6 complimentary lounge accesses per calendar year, outside India.
  • If you exceed the 6 complimentary visits, you will be charged US $27 + GST per visit.
  • Priority Pass usage in India will attract charges on your Credit Card.
  • To know your lounge access history, email pp@prioritypass.com.hk with your name, complete 18-digit Priority Pass number(s), and state that the PP Membership is via the HDFC Bank program.
• Dining Benefits:
  • Exclusive complimentary Dineout Passport Membership, which offered:
    • Assured flat 25% off at 2000+ premium restaurants.
    • 1+1 on buffet at 200+ restaurants.
    • Additional 5% off and Rs. 0 Convenience fee.
    • Early access to events and festivals such as Gourmetlicious.
  • Note: Dineout Passport Membership was not applicable after December 31, 2021.
• Insurance Benefits:
  • Professional Indemnity Insurance:
    • Provides protection worth up to Rs. 20 Lakh against costs arising due to professional negligence.
    • Covers bodily injury and/or death of any patient caused by error, omission, or negligence in professional service rendered.
    • Covers legal costs and Defence expenses.
    • Any One Accident: Rs. 4 Lakh & Deductible: Rs. 25,000 for each & every claim.
    • This benefit is applicable w.e.f. September 1, 2019, only.
  • Comprehensive Protection:
    • Accidental air death cover worth Rs. 1 Crore.
    • Emergency overseas hospitalization up to Rs. 15 Lakhs in case of emergency.
    • Credit Liability cover of up to Rs. 9,00,000.
• Travel Concierge Services:
  • Access 24 X 7 Travel Concierge assistance to customize your travel, shopping, and business experiences.
  • Toll-Free No.: 1860 425 1188
  • Email ID: regalia.support@smartbuyoffers.co

Rewards Redemption Guide

• Reward points can be redeemed for:
  • Flight and Hotel Bookings.
  • Premium Products & Vouchers.
  • Curated Global Experiences.
• For flight and hotel bookings, Regalia Credit Card members can redeem up to a maximum of 70% of the booking value through Reward Points. The remaining amount will have to be paid via Credit Card (effective from November 25, 2019).
• An exclusive travel portal, https://offers.smartbuy.hdfcbank.com/regalia, is available for Regalia credit cardholders to instantly redeem Reward Points against airline ticket bookings and hotel bookings.
• Each Reward Point is worth 50 paise (Rs. 0.50) when redeemed on the exclusive travel portal https://offers.smartbuy.hdfcbank.com/regalia or through HDFC Smartbuy Offers.
• Reward Points can also be redeemed for cash, where 1 Reward Point is worth 20 paise (Rs. 0.20).
• A fee of Rs. 99 (plus applicable taxes) is charged for reward point redemptions.

Card Eligibility Criteria

• For Salaried Individuals: Minimum income requirement is Rs. 1,20,000 per month.
• For Self-Employed Individuals: Minimum income requirement is Rs. 12 Lakhs or more per annum.

Card Review

The HDFC Bank Doctor’s Regalia Credit Card is a premium offering specifically tailored for doctors, providing unique benefits and exciting travel offers. Its core value lies in complementing the professional lifestyle of medical practitioners. The card provides a good reward rate of 4 Reward Points per Rs. 150 spent on retail, including specific categories like insurance, utilities, education, and rent, making it valuable for regular expenses. Key advantages include substantial annual spend benefits, comprehensive domestic and international airport lounge access, and a competitive low foreign currency markup of 2%. Furthermore, the card offers robust insurance benefits, including professional indemnity coverage of up to Rs. 20 Lakhs and a Rs. 1 Crore air accidental death cover, which are significant for its target audience. While the card offers dining benefits, it's important to note the Dineout Passport Membership benefit was not applicable after December 31, 2021. Overall, it's a strong choice for doctors seeking a credit card that aligns with their travel, lifestyle, and financial protection needs.

Important Product Details

• 2,500 Reward Points as a welcome benefit.
• Earn 4 Reward Points on every Rs. 150 spent on all retail transactions, including insurance, utilities, education, and rent pay.
• Bonus 10,000 Reward Points on spending Rs. 5 Lakhs in an anniversary year.
• Additional 5,000 Reward Points on spending Rs. 8 Lakhs in an anniversary year.
• 12 complimentary airport lounge accesses per calendar year within India.
• Complimentary Priority Pass membership offering 6 complimentary international lounge visits per calendar year for self and add-on members. Subsequent international visits are charged at US $27 + GST.
• Low foreign currency markup fee of 2% (plus applicable taxes).
• Protection worth up to Rs. 20 Lakhs against costs arising due to professional negligence, including legal costs and defence expenses (effective from September 1, 2019).
• Accidental air death cover worth Rs. 1 Crore.
• Emergency overseas hospitalization cover up to Rs. 15 Lakhs.
• Credit Liability Cover of up to Rs. 9,00,000.
• 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 5,000.
• Rewards redemption options include flight/hotel bookings, premium products, vouchers, and cash.
• Each Reward Point is worth 50 paise when redeemed on the exclusive travel portal or through HDFC Smartbuy Offers for airline/hotel bookings.
• A fee of Rs. 99 (plus applicable taxes) is charged for rewards redemption.
• The renewal fee of Rs. 2,500 + GST can be waived off on spending Rs. 3 Lakhs or more in the previous year.

Other Details

• Contactless Payment Technology: The card is enabled for contactless payments for fast, convenient, and secure transactions.
  • In India, contactless payments are allowed for a maximum of Rs. 5,000 for a single transaction without a PIN.
  • For transactions higher than or equal to Rs. 5,000, the cardholder must enter the Credit Card PIN for security reasons.
• Reward Point Terms and Conditions:
  • Only valid Retail purchases qualify for Reward points.
  • Reward points will not be accrued for fuel transactions.
  • Reward points are valid only for 2 years from the date of accumulation (e.g., points received in April 2019 expire in April 2021).
  • EasyEMI and e-wallet loading transactions will not accrue Reward points.
  • Reward points accrued will be reversed if a retail transaction is converted into SmartEMI.
  • If the Credit Card is not used for more than 365 days, Reward Points accrued will be nullified.
  • Reward points accrued for Insurance transactions will have a maximum cap of 2,000 per day.