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

HDFC Bank Regalia Gold Credit Card

Introduction

The HDFC Bank Regalia Gold Credit Card is a premium lifestyle card designed for high-spenders, offering a host of exclusive travel and shopping benefits. It comes with an annual fee of ₹2,500 + GST and provides a complimentary MMTBLACK Gold and Swiggy One membership upon meeting a spend threshold. Cardholders can earn 4 Reward Points on every ₹150 spent on retail, with an accelerated 5X Reward Points on purchases at popular brands like Nykaa, Reliance Digital, Myntra, and Marks & Spencer. The card also offers extensive travel perks, including complimentary domestic and international airport lounge access, flight vouchers on achieving spend milestones, and comprehensive insurance coverage.

Welcome Benefits

• Gift Voucher equivalent to the Joining Membership Fee amount, which is ₹2,500.
• Complimentary Swiggy One and MMTBLACK Gold Membership when you spend ₹1 Lakhs and above within 90 days of card issuance.
  • W.e.f 1st Nov'24, Swiggy One replaces Club Vistara Silver Tier.
• Welcome benefits must be claimed within 60 days from the benefit end date.
• Complimentary memberships are valid for one year.

Swiggy One Membership Benefits

• Unlimited free delivery.
• Member-only discounts.
• No surge charges.
• Discounts on Swiggy Genie.

MMTBLACK Gold Membership Benefits

• 10% extra discount on selected hotels.
• Early check-ins, free room upgrades, discounts on beverages and food at specific hotels.
• Earn My Cash on MakeMyTrip for future bookings.

Fees

• Joining Fee: ₹2,500 + Applicable Taxes / GST.
• Renewal Fee: ₹2,500 + Applicable Taxes / GST.
• Spend-Based Waiver: Renewal Fee waived on spending ₹4 Lakhs in an anniversary year (12 billing cycles).
• Rewards Redemption Fee: ₹99 + GST per redemption.
• Foreign Currency Markup: 2% + GST on all foreign currency spends.
• Interest Rates (Revolving Credit): 3.75% per month (45% Annually).
• Fuel Surcharge: Not applicable (N/A).
• Cash Advance Charges: 2.5% of the total amount or ₹500, whichever is higher.

Rewards

Reward Points Accrual

• Earn 4 Reward Points on every ₹150 retail spends, including Insurance, Utilities, and Education.
  • Maximum cap of 2000 RPs per month on grocery transactions.
  • Maximum cap of 2000 RPs per day on insurance transactions.
  • Effective reward rate: Up to ~1.73%.
• Earn 20 Reward Points on every ₹150 retail spends at Marks & Spencer, Myntra, Reliance Digital, and Nykaa.
  • Maximum cap of 5000 RPs across all these brands.
  • Effective reward rate: Up to ~8.6%.

Milestone Benefits

• Get ₹1,500 worth vouchers from Marriott, Myntra, Marks & Spencer or Reliance Digital when you spend ₹1.5 Lakhs in every calendar quarter. You can redeem just one voucher from any merchant per quarter.
• Get ₹5,000 worth flight vouchers when you spend ₹5 Lakhs in an anniversary year.
• Get an additional ₹5,000 worth flight vouchers when you spend ₹7.5 Lakhs in an anniversary year.
• Complimentary flight tickets are offered upon reaching spend milestones.

Lounge Access

• Domestic Lounge Access:
  • 12 complimentary access within India (both at domestic and international terminals) per year using the HDFC Bank Regalia Gold Credit Card.
  • This translates to 3 complimentary domestic airport lounge access every quarter.
  • Swipe your card at the lounge to avail access.
  • Visits exceeding the complimentary quota and lounges not covered under the program will be allowed at the discretion of the lounge and will be chargeable.
  • Add-on cardholders can also access airport lounges.
• International Lounge Access (via Priority Pass):
  • You and your add-on member can together avail up to 6 Complimentary Lounge Access per calendar year, outside India.
  • You can apply for Priority Pass for self and add-on members after completing at least four transactions with your Regalia Gold credit card.
  • If you exceed the 6 complimentary visits, you will be charged at US $27 + GST per visit.
  • If you use your Priority Pass for lounge access within India, you will be charged at US $27 + GST per visit.
  • Guests accompanying the primary cardholder must have an Add-on credit card with their own Priority Pass.

Insurance Benefits

• Accidental air death cover worth ₹1 Crore (USD 125,000).
• Emergency overseas hospitalization cover up to ₹15 Lakhs (USD 18,750).
• Credit Liability cover: Up to ₹9 Lakhs.

Dining Benefits (Good Food Trail Program)

• Enjoy FLAT 10% EXTRA OFF on dining bills at 35,000+ restaurants.
• Get ₹200 Off on Swiggy Dineout twice each month.

Other Features

• Zero Lost Card Liability: In case of card loss, report immediately to the 24-hour call centre (Toll-free numbers 1800 1600/1800 2600; Overseas: 022-61606160) for zero liability on fraudulent transactions.
• 24/7 Concierge Services: Exclusive 24/7 Concierge Services available at toll-free 1860 425 1188 (India) or Email ID: regaliagold.support@smartbuyoffers.co.
• Smart EMI: Option to convert big spends into EMI after purchase.
• Contactless Payment: Enabled for fast, convenient, and secure payments. Contactless payments up to ₹5000 per transaction are allowed without a PIN in India; higher amounts require a PIN.

Rewards Redemption Guide

• You can redeem your Reward Points on Smartbuy (offers.reward360.in/v1/regaliagold) or Netbanking.

Reward Point Redemption Values

• Exclusive Gold Catalogue: On select Premium brands via Smartbuy, 1 RP = ₹0.65.
• Flights and Hotel Bookings: Via Smartbuy, 1 RP = ₹0.50.
• Airmiles Conversion: Through Netbanking or SmartBuy, 1 RP = up to 0.5 airmiles.
• Products and Vouchers: Via Netbanking or SmartBuy, 1 RP = up to ₹0.35.
• Cashback against Statement Balance: 1 RP = up to ₹0.20.
  • The maximum cashback redemption cap is 50,000 RPs per month.

Card Eligibility Criteria

For Salaried (Non-Government)

• Age: Minimum 21 years & Maximum 60 Years.
• Net Monthly Income: Greater than ₹1,50,000.

For Self-Employed (Non-Government)

• Age: Minimum 21 years & Maximum 65 Years.
• Income: ITR greater than ₹18 Lakhs per annum.

For Salaried (Government)

• Age: Minimum 21 years & Maximum 60 Years.
• Net Monthly Income: Greater than ₹1,00,000.
• Applicants must also have a good credit score and credit history to be approved for the credit card.

Card Review

The HDFC Regalia Gold Credit Card is a highly sought-after offering from HDFC Bank, providing some of the best-in-class travel and lifestyle privileges. It's particularly well-suited for high-spenders who utilize their credit card for the majority of their purchases, allowing them to maximize the value from earned reward points.

Who Should Apply

• Individuals who plan to spend significantly and wish to accumulate reward points for redemption against premium brands, travel, or other benefits.
• Frequent travelers will find significant value through complimentary flight vouchers on achieving spend milestones and extensive domestic and international lounge access.
• Responsible credit card users will find the excellent benefits and reward program highly rewarding.

Pros

• Access to exclusive 24/7 concierge service.
• Generous lounge access with 12 complimentary domestic visits per year and 6 international visits via Priority Pass for primary and add-on cardholders.
• Strong reward rates, especially the 5X accelerated points on preferred partner brands.
• Flexible reward redemption options, including flights, hotels, airmiles, exclusive catalogue products, and cashback.
• Comprehensive insurance benefits covering air accidents, overseas hospitalization, and credit liability.
• Beneficial welcome and milestone rewards, including gift vouchers and flight vouchers.
• Low foreign currency markup fee of 2%.

Cons

• A reward redemption fee of ₹99 + GST is applicable.
• The annual renewal fee waiver requires a relatively high spend of ₹4 Lakhs in a year.

Important Product Details

• Complimentary MMTBLACK Gold and Swiggy One membership on spending over ₹1 Lakh within 90 days of card issuance.
• ₹1,500 worth of vouchers from Marriott, Myntra, Marks & Spencer, or Reliance Digital on spending ₹1.5 Lakhs each quarter.
• ₹5,000 worth of complimentary flight vouchers on spending ₹5 Lakhs in the card anniversary year, with an additional ₹5,000 voucher on spending ₹7.5 Lakhs.
• Earn 4 Reward Points on every retail spend of ₹150, and 5X accelerated Reward Points (20 RPs/₹150) on purchases at M&S, Nykaa, Myntra, and Reliance Digital.
• 12 complimentary lounge access visits in India (domestic and international terminals) every year.
• Six complimentary international lounge access visits through Priority Pass (for both primary and add-on cardholders).
• Air death cover up to ₹1 Crore, emergency overseas hospitalization cover up to ₹15 Lakhs, and credit liability cover up to ₹9 Lakhs.
• Renewal fee waiver on spending ₹4 Lakhs in the card anniversary year.
• Low foreign currency markup fee of 2%.
• Enjoy flat 10% extra off on dining bills at 35,000+ restaurants and ₹200 off on Swiggy Dineout (twice monthly).
• Zero lost card liability upon immediate reporting.
• 24/7 Concierge Services available.
• Option to convert large purchases into Smart EMIs.
• Contactless payment enabled for quick and secure transactions.

Other Details

• Card Type: Reward Points.
• To know your lounge access history for Priority Pass, email pp@prioritypass.com.hk and provide your name, complete 18-digit Priority Pass number, and state that the PP Membership is via the HDFC Bank program. If there is more than 1 Priority Pass number (belonging to add-on PP holders), provide all numbers.
• Reward Points are earned on international/foreign currency spends at a rate of 4 Reward Points per ₹150, in addition to the 2% foreign currency markup fee.