HDFC Bank Regalia First Credit Card – Benefits, Fees & Eligibility

Introduction

The HDFC Bank Regalia First Credit Card is a popular offering from HDFC Bank's Regalia Credit Card range, known for its various travel and lifestyle privileges. It provides Reward Points on all purchases, including retail, utility bills, and rent, along with dining benefits through the Good Food Trail Program. Cardholders can earn significant bonus rewards of up to 8,500 Reward Points annually through renewal and milestone benefits. The annual fee can also be waived if annual spends exceed Rs. 1 lakh. Beyond rewards, the card offers insurance covers, a fuel surcharge waiver, and cashback opportunities.

Welcome Benefits

• 1,000 Reward Points on successful payment of the annual fee.

Fees

• Joining Fee: Rs. 1,000 + GST
• Renewal Fee: Rs. 1,000 + GST
• Spend-Based Waiver: The renewal fee of Rs. 1,000 is waived off if an amount exceeding Rs. 1 Lakh is spent using the credit card in the anniversary year.
• Rewards Redemption Fee: Rs. 99
• Foreign Currency Markup:
  • 2% on all forex transactions.
  • 3.5% of the transaction amount for international transactions (as per FAQ).
• Interest Rates: 3.6% monthly (equivalent to 43.2% annually) on the overdue amount.
• Fuel Surcharge: 1% fuel surcharge waiver on all fuel transactions between Rs. 400 and Rs. 5,000 at all fuel stations in India. The waiver amount is capped at Rs. 500 per billing cycle.
• Cash Advance Charges:
  • 2.5% of the amount withdrawn or Rs. 500, whichever is higher.
  • 2.5% of the transaction amount subject to a minimum of Rs. 600.

Rewards

• Rewards Rate: Earn 4 Reward Points for every Rs. 150 spent on all retail purchases, including Insurance Transactions, Utility bills, Education, and Rent Bills.
• Milestone Benefits:
  • 5,000 Reward Points on annual spends of Rs. 3,00,000 or more every anniversary year.
  • Additional 2,500 Reward Points on annual spends of Rs. 6,00,000 or more every anniversary year, bringing the total milestone bonus to 7,500 Reward Points.
• Bonus Rewards: Up to 8,500 bonus reward points can be earned annually under the renewal and milestone benefits.
• Dining: Special offers at premium restaurants with The Good Food Trail dining program across top cities.
• Insurance Benefits:
  • Air accidental cover amounting to Rs 50 lakhs.
  • Emergency overseas hospitalization cover worth up to Rs 10 lakhs.
  • Credit liability cover worth up to Rs 5 lakhs.
• Renewal Benefits: Earn 1,000 bonus Reward Points upon payment of the annual renewal fee. This bonus is not applicable if the renewal fee is waived.
• Fuel Surcharge Waiver: Enjoy a 1% fuel surcharge waiver on fuel transactions between Rs. 400 and Rs. 5,000 at all fuel stations in India, capped at Rs. 500 per billing cycle.
• No Reward Points: No reward points are earned on fuel transactions.
• Travel: Reward points can be redeemed for flight and hotel bookings.
• Domestic Lounge Access: Not Available.
• International Lounge Access: Not Available.
• Golf: Not Available.

Rewards Redemption Guide

• Flights and Hotel Bookings via SmartBuy: 1 Reward Point = Re. 0.30.
• Airmiles Conversion through Net Banking: 1 Reward Point = 0.30 Airmile.
• Products and Vouchers via Netbanking or SmartBuy: 1 Reward Point = up to Re. 0.25.
• Cashback (adjustment against the card’s statement balance): 1 Reward Point = Re. 0.15.
• SmartBuy Portal Cashback: Earn 5% cashback on travel and shopping spends on HDFC’s exclusive SmartBuy portal.
• Booking Limit: Cardholders can redeem a maximum of up to 70% of the booking value on flights and hotel bookings; the remaining amount must be paid with the credit card.

Card Eligibility Criteria

• Minimum Age: The primary applicant must be a minimum of 21 years old.
• Minimum Income: The applicant should earn a minimum of Rs. 30,000 per month.
• Credit Score: Applicants should have a decent credit score.

Documents Required

• PAN Card
• Proof of Identity: Aadhaar Card, Driving License, or Voter ID Card.
• Proof of Income: Salary slips for the last three months, bank statements for the last three months, ITR, or Form 16.

Card Review

The HDFC Bank Regalia First Credit Card is a solid option that delivers on its promise of lifestyle privileges, including dining offers, a robust Reward Points program, fuel surcharge waivers, insurance covers, and cashback. The annual bonus of up to 7,500 Reward Points from milestone and renewal benefits is a significant highlight. This card is particularly well-suited for individuals who frequently travel and seek added benefits to enhance their journey.

Pros

• Earn 5,000 Reward Points on annual spends of Rs. 3 Lakhs or more.
• Accumulate up to 7,500 bonus Reward Points annually through milestone benefits.
• Features comprehensive insurance covers, including air accidental, emergency hospitalization, and credit liability.

Cons

• A reward redemption fee of Rs. 99 is applicable.
• Does not offer specific entertainment benefits.
• Lacks complimentary domestic and international lounge access.

Important Product Details

• Welcome bonus of 1,000 Reward Points.
• Earn 4 Reward Points for every Rs. 150 spent on retail purchases.
• Includes air accident insurance worth Rs 50 lakhs.
• Provides credit liability cover worth up to Rs 5 lakhs.
• Offers a 1% fuel surcharge waiver on fuel transactions.
• Receive 1,000 bonus Reward Points upon payment of the renewal fee.
• Zero Liability Protection: Protects cardholders from fraudulent transactions on a lost or stolen card, provided it is reported to the bank promptly.
• Best Suited For: Travel, Shopping.

Other Details

How to Apply

• Online: Click the "Apply Now" button (if available on the bank's portal), which redirects to HDFC Bank’s official website. Fill in the required details and submit the application.
• Offline: Visit your nearest HDFC Bank branch to apply for the credit card.

Application Status

• You can check the status of your HDFC Regalia First Credit Card application via the HDFC Bank’s application tracking page by entering your mobile number, application number, and captcha.

Activation and PIN Generation

• Via ATM: Visit any HDFC Bank ATM, select the option to generate or change the credit card PIN from the main menu. A registered mobile number is required for this process.
• Via Internet Banking: Log in to your HDFC Credit Card internet banking account, navigate to the ‘Manage Your Card’ section, and easily change or generate your credit card PIN.

Credit Limit

• Customers generally receive a credit limit of Rs. 1 lakh or higher.
• The actual credit limit depends on your past payment behavior and credit score.
• Requests for a credit limit increase can be made by contacting customer care or visiting a branch.

Bill Payment Methods

• HDFC Bank Bill Desk: Use the online bill desk by entering your credit card number, registered email ID, and the amount to be paid.
• Internet Banking: Log in to your HDFC Bank internet banking account, go to the ‘Credit Cards’ section, click on ‘Credit Card Payment’, and proceed.
• NEFT: Payments from accounts in banks other than HDFC Bank can be made via NEFT, using your credit card number as the account number.
• Digital Wallet Apps: Pay through popular digital wallet applications such as Paytm, PhonePe, Cred, etc.
• Offline Payments:
  • Drop a cheque at an HDFC Bank ATM Dropbox.
  • Pay the bill via cash or cheque at your nearest HDFC Bank branch.

Internet Banking Registration

• Visit the official website of HDFC Bank.
• Scroll down and click on ‘Ways to Bank’.
• Choose ‘Online banking’.
• Select ‘Credit Card Internet Banking’ and then ‘Register Online’.
• Fill in the required details and submit.

How to Block HDFC Regalia First Credit Card

• Via Internet Banking: Log in to your HDFC Bank internet banking account, find the ‘credit Card host listing’ section, select the option to block your card, and provide the required details and reason.
• Via Customer Care: Contact HDFC Bank Credit Card customer care, who will verify details and block your card instantly.
• Via Branch: Visit your nearest HDFC Bank branch (this is generally the most time-consuming method).

HDFC Bank Customer Care

• 24/7 Helpline Number: 1800 266 4332.
• Email: customerservices.cards@hdfcbank.com for queries and complaints.