How has the HDFC Bank Regalia Credit Card changed over time?

The Value Timeline tracked on this page logs 10 changes to the card going back to 2011 — 8 of them devaluations, none an improvement, with the remainder being neutral events like launches or restructuring. Most recently, the earn basis was rebased from per-₹150 to per-₹200 on 15 May 2026. Every entry links back to a source document, so figures here can be cross-checked against what the issuer has published.

Has the HDFC Bank Regalia Credit Card been devalued recently?

Yes. In the past 24 months, our records show 5 devaluations on this card, the latest being the 15 May 2026 rebasing of the earn formula — the rate moved from 4 Reward Points per ₹150 (about 1.33% at 50 paise a point) to 4 Reward Points per ₹200 (about 1.00% at the same valuation). A complete, dated breakdown of what changed and where it's sourced from sits in the Value Timeline further down this page.

When did the HDFC Bank Regalia Credit Card's fees last change?

On 15 May 2026, the dynamic currency conversion markup went up from 1% to 1.75%. You'll find the current fee schedule in the fees table above, while the Value Timeline captures every earlier fee revision we've recorded for this card.

How did the HDFC Bank Regalia Credit Card change in 2026?

Two changes landed in 2026, both cuts: the dynamic currency conversion markup rose to 1.75% and the base earn formula was rebased from per-₹150 to per-₹200, both effective 15 May 2026. The larger of the two in impact was the earn-rate rebase — going from 4 Reward Points per ₹150 (about 1.33% at 50 paise a point) to 4 Reward Points per ₹200 (about 1.00%). Full details on every dated, sourced change are available in the Value Timeline on this page.

HDFC BankPREMIUM

HDFC Bank Regalia Credit Card

4.3 / 5SarvCred Editorial Review

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HDFC Bank

HDFC Bank Regalia Credit Card

Name: HDFC Bank Regalia Credit Card
Brand: SarvCred
Rating: 4.3 (1 reviews)

PremiumFee variesRewardsTravel

HDFC no longer issues the original Regalia to new customers — anyone who already holds one can continue using and renewing it, but the bank has shifted its premium Regalia positioning over to the Regalia Gold. A rebasing that took effect on 15 May 2026 changed the earn formula from 4 reward points per ₹150 to 4 reward points per ₹200 (roughly 1.00% back at ₹0.50 a point) on general spending, and HDFC's own notice names the classic Regalia specifically, meaning current cardholders were not exempted from the cut. Benefits still include Priority Pass access covering 6 international lounge visits annually alongside domestic lounge entry that now depends on quarterly spend, plus a bonus of 10,000 points once annual spend reaches ₹5 lakh and another 5,000 at ₹8 lakh — all on a ₹2,500 fee that's waived once ₹3 lakh is spent in the year.

View HDFC Regalia Gold Credit Card →

Key features

What this card is built to do — the highlights that actually matter.

🎁

Welcome Benefit

~₹1,250 in vouchers, points or cashback on card activation

⭐

1% on Other

4 reward points per ₹200 (~1.00% at ₹0.50/point) — rebased from 4 RP/₹150 on 15 May 2026. Grocery, utility, telecom and insurance each cap at 2,000 RP a calendar month.

⭐

1% on Travel

4 reward points per ₹200 on travel — the base rate, since HDFC publishes no travel accelerator beyond SmartBuy. Booking flights, hotels and vouchers through HDFC SmartBuy earns up to 5X instead.

✈

️ Airport Lounge Access

2 complimentary visits per quarter at domestic and international airport lounges

💳

Annual Fee Waiver

Fee of ₹2,500 + 18% GST (₹2,950 all-in)/yr fully waived when you spend ₹3,00,000/year

🎯

Milestone Bonus

~₹5,000 in bonus rewards on hitting annual spend milestones

🛡

️ Insurance Cover

Accidental air death cover of ₹1 crore, emergency overseas hospitalisation up to ₹15 lakh, and lost-card liability cover up to ₹9 lakh. The travel cover is international-only, capped at a 30-day trip, and is not valid for procuring a visa.

Full reward structure

Category	Type	Rate	Monthly cap
Other	reward points	1%	—
Travel	reward points	1%	—

Fees & charges

Charge	Amount
Annual fee (incl. 18% GST)	₹2,950
Joining fee (incl. 18% GST)	₹2,950
Finance charge (APR)	3.75% p.m.
Forex markup	3.5%

Perks & benefits

Estimated annual value beyond rewards — ~₹18,100/yr in total.

⛽

fuel waiver ~ ₹600 /yr

1% fuel surcharge waiver on transactions of ₹400–₹5,000, capped ₹500 per statement cycle; fuel spends themselves earn no reward points

🛡

️ insurance ~ ₹2,000 /yr

🎯

milestone bonus ~ ₹5,000 /yr

10,000 bonus reward points on ₹5 lakh of spend in an anniversary year

🎯

milestone bonus ~ ₹2,500 /yr

A further 5,000 bonus reward points on ₹8 lakh of spend in the same anniversary year

✈

️ lounge access ~ ₹8,000 /yr

Priority Pass for international lounges (6 complimentary visits a year); since Dec 2023 domestic lounge access is spend-gated — ₹1 lakh spend/quarter unlocks up to 2 domestic visits that quarter. Cash advances, card fees and all EMI spends do not count toward that gate.

Milestone ladder

1₹5,00,000 a year₹5,000 of value
2₹8,00,000 a year₹2,500 of value

Should you get it?

Best for: Existing Regalia holders who are satisfied and have no reason to switch, Salaried professionals at ₹1L+/month who qualify but prefer Regalia brand over Gold

Premium tier — a solid all-rounder for steady monthly spend.

Strongest value if you spend heavily on Other ( 1% back).

Frequent travellers benefit from the included airport lounge access.

✓ Pros

Priority Pass membership — 6 complimentary international lounge visits/year
Annual fee waived at ₹3L spend — achievable for most professionals
10,000 bonus reward points at ₹5 lakh of annual spend, plus 5,000 more at ₹8 lakh
1% fuel surcharge waiver + air accident insurance

✕ Cons

Closed to new applicants — HDFC's premium accelerators have moved to the Regalia Gold
Priority Pass visits capped at 6/year — frequent flyers will exceed this, then pay US$27 + GST a visit
Base earn was rebased from 4 RP/₹150 to 4 RP/₹200 on 15 May 2026, cutting the return to ~1.00%
3.5% forex markup
Redemption is capped at 70% of a booking's value, and at 50,000 reward points a calendar month
Grocery, utility, telecom and insurance each stop earning at 2,000 reward points a month
Fuel, rent, government payments, wallet loads and EMI conversions earn nothing at all

Eligibility & documents

Min. income

₹1,00,000 /mo

How to redeem rewards

Ways to convert what you earn into real value.

🎁 SmartBuy flight and hotel bookings at ₹0.50 a point — the best route, but capped at 70% of the booking value and at 50,000 reward points a calendar month

🎁 Products and vouchers from the rewards catalogue, also capped at 70% of the total value

🎁 Statement credit, worth materially less than the travel route

🎁 Airmiles conversion

🎁 Maximum 50,000 reward points can be EARNED in a statement cycle

What your HDFC Reward Points are worth

Realistic value per point by redemption route — the difference is what most people leave on the table.

Statement credit / catalogue Standard catalogue & cashback

₹ 0.30 /pt

Gift vouchers (SmartBuy) Brand & e-gift vouchers

₹ 0.30 /pt

SmartBuy flights & hotels BEST Up to ₹0.50/pt on travel via SmartBuy

₹ 0.50 /pt

Airmiles transfer BEST Premium cards (Infinia/Diners Black) — best value

₹ 0.50 /pt

✈ Transfer partners ✈ Singapore Airlines KrisFlyer ( 2:1 ) Value your balance: HDFC Reward Points ✈ Singapore Airlines KrisFlyer ( 2:1 ) ₹ 5,000 vs. typical redemption ₹ 3,000 Direct transfers from this card only, ranked by what a point is worth in the destination programme . Full calculator, every currency → The concern Regalia Gold is where HDFC has moved the premium line: partner-brand accelerators, SmartBuy multipliers and better lounge terms on the same ₹2,500 fee. It is not better on every metric though — the Gold's fee waiver is higher at ₹4 lakh (₹3 lakh here). But the 15 May 2026 rebase hit both: the Gold now earns 5 RP per ₹200 (~1.25%) against this card's 4 RP per ₹200 (~1.00%), so the classic has gone from marginally ahead to clearly behind. If you are applying fresh, go Gold — the classic Regalia is closed anyway.

The bottom line

New applicants simply can't get the original Regalia anymore, since HDFC now directs them toward the Regalia Gold instead. Those who already hold the classic version still get a reasonably capable premium card — around 1.00% back plus lounge access — though it's worth recognising that the bank's attention, and its better terms, now sit with the Gold.

Sources & verification

Fees, reward rates, and benefits for the HDFC Bank Regalia Credit Card are taken from HDFC Bank 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 5 Aug 2026 . Reviewed by Devchandra Sah . Always confirm current details on the issuer's site before applying. How we research →

Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for HDFC Bank . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.

Value timeline

Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.

Tracking since 2011 · 10 changes · last change May 2026

▲ Revaluation ▼ Devaluation ◆ Neutral / reversed

2026 2 changes — 2 cuts

▼ Reward Effective 15 May 2026

Base earn rebased from per Rs150 to per Rs200

4 Reward Points per Rs150 (~1.33% at 50p/point) → 4 Reward Points per Rs200 (~1.00% at 50p/point)

HDFC's change notice effective 15 May 2026 states "Earlier, Reward Points were accrued on spends in multiples of Rs 150. This will now be revised to multiples of Rs 200", and its table lists the classic Regalia by name ("Regalia | 4 | 200") alongside Regalia Gold and Diners Privilege. The exemption list covers only Infinia, Infinia Metal, Diners Black, Diners Black Metal and BizBlack - the classic Regalia was NOT spared, contrary to what our own review previously stated. The card's product page carries a banner linking the notice. A ~25% cut to effective earn for existing holders.