HDFC Bank is one of the leading banks in the Private banking sector of the country. It brings different types of credit cards to meet the varying requirements of the customers. Let’s learn about the best Credit Card from HDFC Bank.
Regalia HDFC credit card:
Regalia HDFC credit card is a super-premium card that best suits the premium lifestyle. HDFC offers enriched features with this card. If you are looking for a credit card to get maximum benefits on luxury and travel with high rewards, Regalia HDFC credit card will best suit your needs. HDFC equips contactless technology with this card allowing fast and convenient payments ensuring high security.
On availing the Regalia HDFC credit card, you get a welcome gift of 2, 500 reward points. HDFC also offers 2, 500 reward points on card renewal. The cardholder won’t get the welcome gift if the bank waives off the renewal fees or the cardholder doesn’t pay the membership fees. On spending more than five lakhs annually, you will earn 10000 reward points. You will get additional 5000 reward points if the total amount spent annually is equal to or more than Rs 8 lakhs. You don’t require entering the PIN while purchasing the retail terminals. You can simply wave the card in front of the reader machine and complete the transaction. To access the contactless feature, you must at least make a transaction of Rs 2000 for transaction less than the amount you can use the PIN.
The Regalia HDFC credit card offers include exclusive dining privileges at more than 3000 selected restaurants across India. The cardholders can avail a discount of up to 15% on the bill every time. You will earn four reward points on every Rs 150 you spend. You can redeem the reward points for travel bookings or can convert it to AirMiles for leading national or international airlines or for purchasing gifts from the HDFC reward catalog. With the card, you can avail fuel surcharge-waiver on purchasing fuel worth Rs 400-5000. If you use the Regalia HDFC credit card abroad, the bank will charge less foreign currency markup fee, i.e., 2%. The interest-free period for the cardholders is 50 days. If you exceed the grace-period, the bank will charge 3.49% per month.
Regalia HDFC credit card brings complimentary Club Vistara Silver Membership. The members will get priority check-in, additional baggage allowance, and waitlist clearance facilities. Apart from these facilities, the members will earn 9 Club Vistara Points on every Rs 100 spend using the card. The cardholders also get complimentary airport lounge access to more than 1000 airports worldwide. HDFC Regalia Card lounge access is for cardholders signing up for membership.
The primary member, as well as an add-on credit cardholder, can avail six complimentary visits to the lounges in abroad in one year. The cardholders will also get complimentary access to travel concierge services. Accessing this service the cardholders can customize their travel experience with an airline reservation, movie ticket bookings, hotel room bookings, and much more services. The card comes with free insurance cover for the cardholder that protects from different traveling risks. The air accident insurance cover is of Rs 1 crore, and emergency hospitalization cover for abroad is Rs 15 lakhs. The cardholders also get a credit liability cover of Rs 9 lakhs.
The first year membership fee and renewal membership fee for Regalia HDFC credit card is Rs 2500 + applicable taxes. The cardholders will get 40% credit limit on the cash advance. The revolving credit charge is 3.49%/month or 41.88%/annum. The applicable charge for cash advance and over the limit is 2.5%. HDFC will charge Rs 99 for every redemption request. You can replace damaged/stolen/lost card paying Rs 100.
You must fulfill the eligibility criteria before you apply to avail the card! The age limit for salaried is 21-60 years, and the income limit should be more than 1.2 Lakh/month. The age limit for self-employed applicants is 21-65, and the annual income should be more than Rs 12 Lakhs.