The HDFC Millenia Credit Card is a cashback-based card That offers its users reward on shopping online on sites like Amazon, Flipkart, Swiggy, and Uber. It is one of the best options for users who require high cashback on day-to day spends and also have limited budgets. On the other hand, the HDFC Bank Regalia Gold Credit Card is a premium product that offers greater reward points, travel privileges, and lifestyle privileges. It is best for frequent flyers and people who desire luxury privileges, including lounge privileges, reduced forex fees, and concierge facilities. Since the two cards are for different reasons, your selection should be based on whether you prefer cashback savings or top rewards and travel benefits. this article help you to decide HDFC Millennia vs Regalia Gold which is better.
Table of Contents
Rewards & Cashback Benefits
The Millennia Credit Card is known for its simple cashback structure. It offers 5% cashback on select brands, including Amazon, Flipkart, Swiggy, and Uber. For all other spending categories, it provides 1% cashback (excluding fuel, EMI, rent, and wallet loads). There is a monthly cap of ₹2,250 on cashback earnings, making it a great option for everyday expenses.
The Regalia Gold Credit Card, on the other hand, follows a reward points system. It gives 4 reward points per ₹150 spent on general transactions and 5X reward points on brands like Myntra, Nykaa, Marks & Spencer, and Reliance Digital. These reward points can be redeemed for travel, luxury products, and gold catalog items, making it more appealing to those who like accumulating points for high-value redemptions.
If you prefer instant cashback with no complications, the Millennia Card is ideal. But if you enjoy collecting reward points for premium redemptions, the Regalia Gold Card will serve you better.
Travel Benefits & Lounge Access
The Millennia Credit Card does not offer any airport lounge access or exclusive travel benefits. This makes it more suitable for domestic users who are focused on savings rather than luxury travel.
In contrast, the Regalia Gold Credit Card is packed with travel perks. It provides complimentary access to over 1,000 airport lounges worldwide, making it an excellent choice for frequent travelers. Additionally, cardholders receive Club Vistara & MakeMyTrip Black Memberships, which offer extra travel discounts and privileges. The forex markup fee is also lower at 2%, making international spending more affordable.
If you are someone who travels frequently, the Regalia Gold Credit Card is the clear winner in this category. However, if you rarely travel, you may not find these features useful.
Additional Perks & Discounts
Both cards offer dining discounts, allowing users to save up to 20% at 20,000+ restaurants via Swiggy Dineout. This makes both options attractive for those who enjoy eating out frequently.
Beyond dining, the Millennia Credit Card includes a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000. While this is a useful feature, it doesn’t add significant value for high spenders.
The Regalia Gold Credit Card, on the other hand, includes 24/7 concierge services, assisting cardholders with hotel bookings, reservations, and travel planning. Additionally, its lower foreign exchange markup makes it more cost-effective for international travelers.
If you are looking for a basic credit card with essential discounts, the Millennia Card does the job. But if you appreciate premium lifestyle benefits, the Regalia Gold Card offers more value.
Eligibility & Fees
The Millennia Credit Card comes with a ₹1,000 annual fee, which gets waived if you spend ₹1 lakh in a year. It is available for those with a minimum annual income of ₹6 lakh, making it a beginner credit card.
On the other hand, the Regalia Gold Credit Card has a higher annual fee of ₹2,500, but this fee is waived if you spend ₹3 lakh annually. Though HDFC Bank doesn’t explicitly mention the income requirement, it is targeted toward premium users who meet a higher spending threshold.
If you prefer a low-maintenance credit card with easy fee waivers, the Millennia Card is the better choice. However, if you are a high spender who can meet the waiver conditions, the Regalia Gold Card offers more valuable benefits.
Reward Redemption Options
The Millennia Credit Card keeps things simple by automatically crediting cashback to the cardholder’s account. There is no need to redeem points, making it an effortless experience for those who want direct savings.
In contrast, the Regalia Gold Credit Card provides flexibility in reward redemption. Cardholders can use their points for gold catalog items, travel bookings, and even airmiles. The redemption value varies, with 1 RP = ₹0.65 for the gold catalog and 1 RP = ₹0.50 for travel redemptions.
If you prefer hassle-free savings, the Millennia Card is a better choice. However, if you like maximizing points for luxury redemptions, the Regalia Gold Card offers superior options.
Case Study: Sushant’s Annual Spendings
Sushant spends a total of ₹1,50,000 per year, distributed as follows: ₹50,000 on online shopping, ₹20,000 on food delivery, ₹10,000 on travel (such as Uber), and ₹70,000 on other expenses. We’ll examine how much he saves using the HDFC Bank Millennia Credit Card and the HDFC Bank Regalia Gold Credit Card both without and with the HDFC SmartBuy platform, which offers enhanced rewards on select transactions.
HDFC Bank Millennia Credit Card Savings
| Category | Without SmartBuy | With SmartBuy (Enhanced Cashback) |
|---|---|---|
| Online Shopping | 5% of ₹50,000 = ₹2,500 | 10% of ₹50,000 = ₹5,000 |
| Food Delivery | 5% of ₹20,000 = ₹1,000 | 10% of ₹20,000 = ₹2,000 |
| Travel | 5% of ₹10,000 = ₹500 | 5% of ₹10,000 = ₹500 (unchanged) |
| Other Expenses | 1% of ₹70,000 = ₹700 | 1% of ₹70,000 = ₹700 (unchanged) |
| Total Savings | ₹4,700 per year | ₹8,200 per year |
Without SmartBuy, Sushant saves approximately ₹4,700 per annum. By using his online purchase and food ordering through SmartBuy assuming increased cashback rates, savings come close to doubling to approximately ₹8,200 per annum.
HDFC Bank Regalia Gold Credit Card Savings
| Category | Without SmartBuy (Approximate Reward Value) | With SmartBuy (Assumed Accelerated Rewards) |
|---|---|---|
| Online Shopping | Reward points ≈ ₹1,200 | Enhanced rewards ≈ ₹2,400 |
| Food Delivery | Reward points ≈ ₹266.50 | Enhanced rewards ≈ ₹533 |
| Travel | Reward points ≈ ₹133.50 | Reward points ≈ ₹133.50 (unchanged) |
| Other Expenses | Reward points ≈ ₹933.50 | Reward points ≈ ₹933.50 (unchanged) |
| Total Value | Approximately ₹2,533.50 per year | Approximately ₹4,000 per year |
Without SmartBuy, the Regalia Gold card yields an estimated reward value of approximately ₹2,533 per annum. With the boosted rewards accruing through SmartBuy, the value rises to approximately ₹4,000 per annum.
HDFC Millennia vs Regalia Gold Which Is Better?
The HDFC Bank Millennia Credit Card is perfect for individuals who primarily spend on online shopping and daily expenses. It provides direct cashback, making it ideal for those who want straightforward savings without dealing with reward points. The lower annual fee and simple fee waiver conditions make it a great option for first-time credit card users.
On the other hand, the HDFC Bank Regalia Gold Credit Card is best suited for premium users and frequent travelers. It comes with luxury travel benefits, premium memberships, and higher reward points. The ability to redeem points for travel, airmiles, and luxury items makes it more attractive to high spenders who want value beyond cashback.
If your primary goal is to save money on daily spending, Millennia is the better option. However, if you are looking for a premium experience with exclusive travel perks, Regalia Gold is the clear winner.
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