HDFC Business Regalia Credit Card – Benefits, Fees & Eligibility

HDFC Business Regalia Credit Card

Introduction

The HDFC Business Regalia Credit Card is a premium offering designed for business professionals, providing a suite of luxury benefits across travel, shopping, and dining. It aims to support both business and personal transactions with an attractive reward structure, offering 4 Reward Points on every ₹150 spent. Cardholders can also benefit from an interest-free credit period of up to 50 days, making it easier to manage business expenses. The card integrates features like HDFC Bank's SmartPay for utility bills and comprehensive security measures such as Zero Lost Card Liability and EMV chip technology, ensuring a secure and convenient experience.

Welcome Benefits

• Welcome benefits are not explicitly mentioned for this card.

Fees

• Joining Fee: ₹2,500 + Applicable Taxes (GST)
• Renewal Fee: ₹2,500 + Applicable Taxes (GST)
• Spend-Based Waiver: The renewal fee is waived off if you spend more than ₹3 Lakhs in the previous anniversary year.
• Rewards Redemption Fee: ₹99 + GST
• Foreign Currency Markup: 3.5% on all foreign currency spends.
• Interest Rates: 3.75% per month (45% per annum) on outstanding amounts if not paid by the due date.
• Fuel Surcharge: 1% fuel surcharge waiver at all fuel stations across India.
  • Applicable on transactions between ₹400 and ₹5,000.
  • Maximum cashback/waiver of ₹500 per statement cycle.
• Cash Advance Charges: 2.5% of the transaction amount or ₹500, whichever is higher.

Rewards

• General Rewards Rate: Earn 4 Reward Points on every ₹150 spent on all retail spends, including Insurance and Utilities.
  • Exclusions (Effective 1st January 2023): Rent payment and Education-related transactions will not earn reward points.
  • Capping (Effective 1st January 2023): Reward points earned on Grocery transactions are capped to 2,000 per month.
  • Maximum 50,000 Reward Points can be earned in a statement cycle.
• Milestone Benefits:
  • Earn 10,000 Bonus Reward Points on annual spends of ₹5 Lakhs in an anniversary year.
  • Earn an additional 5,000 Bonus Reward Points on annual spends of ₹8 Lakhs in an anniversary year.
  • EMI spends do not count towards the calculation of milestone spends.
• Dining Benefits:
  • Enjoy FLAT 10% EXTRA OFF on dining bills at 35,000+ restaurants with Swiggy Dineout.
  • Save up to 20% on dining bills with Swiggy Dineout.
• Business Essential Spends Cashback:
  • Previously, up to 5% monthly cashback was offered on Business Essential Spends such as electricity bills, telephone & internet bills, Government & Tax Payments.
  • (Maximum cashback of Rs.500 per statement on minimum monthly spends of Rs.20,000. Applicable only in 1st year.)
  • Update (As of April 2023): This additional cashback benefit for certain categories has been discontinued for Current & Merchant account holders.
• Domestic Lounge Access:
  • Currently: 12 complimentary airport lounge access per calendar year within India (both at domestic and international terminals). Swipe your HDFC Bank Regalia Credit Card to avail.
  • For RuPay Customers: 12 Complimentary Airport Lounge Access within India using their RuPay card.
  • For Diners Club Card: 12 Complimentary Airport Lounge Access within India using Diners Club card.
  • Upcoming Revision (Effective April 1st, 2025): The domestic lounge access feature will be revised. Eligible cardholders will enjoy 8 complimentary domestic lounge visits per calendar year (2 per calendar quarter). A minimum spend of ₹1 Lakh in the previous calendar quarter will be required to be eligible for these complimentary lounge accesses.
  • Visits exceeding the complimentary quota will be allowed at the discretion of the lounge and will be chargeable.
  • Visa Customers will be charged a transaction fee of ₹2.
  • Mastercard customers will have ₹25 debited for authorization, which will be reversed.
• International Lounge Access (PRIORITY PASS):
  • You can apply for Priority Pass for yourself and add-on members once you complete a minimum of 4 retail transactions on your HDFC Bank Regalia Credit Card.
  • Using Priority Pass, you and your add-on member can together avail up to 6 Complimentary Lounge Access per calendar year, outside India.
  • If you exceed the 6 Complimentary visits, you will be charged at US $27 + GST per visit.
  • Diners Club and RuPay cardholders do not require a Priority Pass to access the 6 complimentary international lounge accesses, they can use their respective cards directly.
  • Priority Pass in India will attract charges on your Credit Card.
• Insurance/Comprehensive Protection (with upcoming changes):
  • Air Accidental death cover up to ₹1 Crore.
  • Emergency Overseas Hospitalization protection worth up to ₹15 Lakhs against any medical emergency when travelling outside your home country.
  • Flight Delay cover of up to ₹25,000 available to the primary cardholder.
  • Missing of Connecting International Flight cover of up to ₹25,000 available to the primary cardholder.
  • Important (Effective 1st April 2025): Comprehensive Protection Benefit offers will be discontinued.
• Lifestyle Benefits:
  • Exclusive 24/7 Concierge Services: Accessible 24x7, English and multilingual support via toll-free on 1860 425 1188 (India) or Email ID: regalia.support@smartbuyoffers.co.
• EMI Options:
  • Convert all your big spends into EMI after purchase (Smart EMI).
  • Easy EMI options to buy interiors, furniture, electronics, ACs and more in bulk for your business.

Rewards Redemption Guide

• Reward Points Accrual:
  • Earn 4 Reward Points on every ₹150 spent on all retail* spends including Insurance, Utilities.
  • Earn 10,000 Reward Points on annual spends of ₹5 Lakhs.
  • Earn additional 5,000 Reward Points on annual spends of ₹8 Lakhs.
  • The maximum 50,000 Reward Points can be earned in a statement cycle for your Business Regalia Credit Card.
• Capping on Earning Reward Points (Effective 1st January 2023):
  • Rent payment and Education-related transactions will not earn reward points.
  • Reward points earned on Grocery transactions will be capped to 2,000 per month.
• Reward Point Redemption Options: You can redeem your Reward Points on Smartbuy or Netbanking.
  • Flights and Hotel Bookings via Smartbuy: 1 Reward Point = ₹0.50
  • Airmiles Conversion (through Netbanking): 1 Reward Point = 0.5 Airmile
  • Products and Vouchers (via Netbanking or SmartBuy): 1 Reward Point = up to ₹0.35
  • Cashback Against Statement: 1 Reward Point = Up to ₹0.20 (Minimum 2500 Reward Points required to redeem as cashback).
• Capping on Redemption (Effective 1st January 2023):
  • Redemption of Travel Reward Points will be capped at 50,000 points per month for Flight/Hotel bookings via Smartbuy.
  • Redemption against statement balance is also capped at 50,000 points per month.
• Reward points are generally valid for two years from the accrual date.
• You can redeem up to 70% of Reward Points on travel bookings (flights, hotels, and experiences), with the remaining balance payable by credit card.

Card Eligibility Criteria

• Work Status: Self Employed Indian Citizen.
• Age: Between 21 years to 65 years.
• Income: Annual ITR above ₹12 Lakhs.
• Application Documents: Customers can apply using ITR, GST returns, Bank Statements, and Merchant payment reports.

Card Review

The HDFC Business Regalia Credit Card is an excellent choice for business professionals seeking a luxury card that offers substantial benefits across various spending categories, including travel, shopping, and dining. It provides a competitive reward rate of 4 Reward Points per ₹150 spent, which includes insurance and utility payments. The card is particularly beneficial for those who frequently travel, offering 8 complimentary domestic lounge accesses per year (with a spend-based criterion of ₹1 Lakh per quarter starting April 1, 2025) and 6 international lounge accesses via Priority Pass. Additionally, the 1% fuel surcharge waiver, zero lost card liability, 24/7 concierge services, and flexible EMI options add significant value. While some cashback benefits for business essential spends have been discontinued, and insurance benefits are slated for discontinuation from April 1, 2025, the card remains a strong contender for managing business expenses and enjoying premium lifestyle perks. It's well-suited for individuals looking for a comprehensive card that rewards both business and personal transactions.

Important Product Details

• Card Type: Reward Point + CashBack.
• Interest-Free Credit Period: Up to 50 days.
• Zero Lost Card Liability: In the unfortunate event of losing your HDFC Bank Business Regalia credit card, report it immediately to the 24-hour call center. After reporting the loss, you have zero liability on any fraudulent transactions made on your card. However, the bank is not liable for transactions before the loss is reported.
• EMV Chip Card: The card is equipped with an EMV chip for enhanced security against counterfeiting and skimming, making transactions more secure, especially during international travel.
• Revolving Credit: Enjoy revolving credit on your credit card at a nominal interest rate.
• Contactless Payments: The card is enabled for contactless payments for fast, convenient, and secure transactions. In India, payments up to ₹5,000 can be made without a PIN; amounts equal to or higher than ₹5,000 require a PIN.
• Upcoming Changes:
  • Effective April 1st, 2025:
    • Comprehensive Protection Benefit (Insurance) offers will be discontinued.
    • Domestic airport lounge visits will be revised from 12 to 8 per year (2 per calendar quarter).
    • A minimum spend of ₹1 Lakh in the previous calendar quarter will be required to be eligible for complimentary domestic airport lounge access.
  • Effective April 2023: Additional cashback benefit offers on Business Essential Spends (like electricity, telephone & internet bills, Government & Tax Payments) have been discontinued for Current & Merchant account holders.

Other Details

• Utility Bill Payments (SmartPay): Register your Credit Card with SmartPay, HDFC Bank's Utility Bill payment service, to ensure all utility bills are paid on time. Get assured cashback up to ₹1,800 in the first year and exciting e-vouchers worth up to ₹800 for adding 2 or more bills on SmartPay.
• Pre-approved Loans and Cash Withdrawal: Get pre-approved instant loans and a cash withdrawal facility on your Business Credit Card.
• Card Controls: As per RBI guidelines, usage on Online Transactions / Contactless Transactions / International Transactions may be temporarily disabled for inactive customers (prior to 31st July 2020) or new cards (post 5th February 2021). These services can be enabled using MyCards / EVA / WhatsApp Banking / NetBanking.
• PIN Setting Process:
  • By using IVR: Call 1860 266 0333 from the registered mobile number, key in the last 4 digits of your card, validate with OTP, and set a 4-digit PIN.
  • By using Netbanking: Log in to Netbanking, click on "Cards," visit the "Request" section, choose "Instant Pin generation," select the card number, and enter your 4-digit PIN.
• Manage Your Card on the Go (MyCards Platform): Access your HDFC Bank Business Credit card 24/7.
  • Enable online & contactless usage.
  • View transactions, reward points, statements & more.
  • Manage online usage, contactless usage, set limits, enable & disable features.
  • Check credit card outstanding, due date, and more.
• Lounge Access History: To know your lounge access history, write an email to pp@prioritypass.com.hk, providing your name, complete 18-digit Priority Pass number(s), and state that the PP Membership is via the HDFC Bank program.
• Priority Pass Dispute: Any dispute on Priority Pass needs to be raised within 6 months of the visit.
• Best Suited For: Travel, Dining, Shopping, Business Expenses.