HDFC Bank Regalia First Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

As a welcome bonus, you will receive 1,000 Reward Points. You will earn 4 Reward Points for every Rs. 150 spent on retail purchases. You will be provided with air accident insurance valued at Rs 50 lakhs. Credit liability cover worth up to Rs 5 lakhs will be included. A 1% fuel surcharge waiver is applicable on fuel transactions. Upon payment of the renewal fee, 1,000 bonus reward points will be given to you.

I recently had the opportunity to review the HDFC Bank Regalia First Credit Card, and I must say, it is a fantastic option for individuals who love to travel and shop.

With a joining fee of just Rs. 1,000 + GST and a renewal fee of the same amount, this card is an affordable choice for those seeking a rewarding credit card experience.

One of the major highlights of the HDFC Bank Regalia First Credit Card is its reward point system.

With every Rs. 150 spent, you earn 4 Reward Points.

These points can be redeemed for a variety of exciting benefits, making your shopping experiences even more enjoyable.

As a welcome benefit, you receive 1,000 Reward Points upon payment of the annual fee.

This is a great way to start off your credit card journey with HDFC Bank and get a taste of its generous rewards program.

For movie and dining enthusiasts, this card offers special offers at premium restaurants through the Good Food Trail dining program across top cities.

This feature allows you to enjoy a fine dining experience while saving some money.

In terms of insurance benefits, the HDFC Bank Regalia First Credit Card provides an air accidental cover of Rs. 50 lakh.

Additionally, you receive an emergency overseas hospitalization cover worth up to Rs. 10 lakh and a credit liability cover worth up to Rs. 5 lakh.

These insurance benefits provide peace of mind during your travels or unforeseen circumstances.

If you are a frequent traveler, however, it is worth mentioning that this card does not offer any specific travel benefits such as lounge access or golf privileges.

But considering the other perks it provides, this may not be a deal-breaker for most.

With a spend-based waiver, the annual fee can be waived off if you spend more than Rs. 1 Lakh using this credit card.

This is a great incentive for individuals who plan on using this card extensively.

The HDFC Bank Regalia First Credit Card does come with a rewards redemption fee of Rs. 99, and a foreign currency markup of 2% on all forex transactions.

These fees should be taken into consideration when using this card for international transactions.

In terms of interest rate, it is important to note that the HDFC Bank Regalia First Credit Card charges 3.6% monthly (or 43.2% annually).

Therefore, it is recommended to pay off your balance in a timely manner to avoid accruing substantial interest.

On a positive note, this card offers a 1% fuel surcharge waiver on all fuel transactions.

This feature adds convenience and savings to your everyday commute.

Lastly, the cash advance fee for this card is 2.5% of the amount withdrawn or Rs. 500, whichever is higher.

It is advisable to use this feature sparingly, considering the associated charges.

Overall, the HDFC Bank Regalia First Credit Card is a fantastic choice for individuals who enjoy travel and shopping.

With its rewarding reward point system, insurance benefits, and special offers at premium restaurants, this card provides a well-rounded experience.

While it may not offer specific travel benefits, the affordable fees and enticing perks make it a top-notch option.

So buckle up and explore a world of rewards with the HDFC Bank Regalia First Credit Card.