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| Monthly Spend | ₹5K | ₹10K | ₹20K | ₹50K | ₹100K |
|---|---|---|---|---|---|
| Net Reward Yield | 0.1% | 2.0% | 2.0% | 2.6% | 2.2% |
| Est. Monthly Reward (₹) | 5 | 195 | 405 | 1,285 | 2,235 |
| All-India Rewards Rank* | 144 | 8 | 10 | 6 | 13 |
| Within Bank Rank* | 22 | 4 | 3 | 3 | 2 |
| * Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here. | |||||
The Business Regalia First Credit Card offers an effective reward of 0.8% on all spending and 5% cashback on utility bills, Govt. payments, railway & hotels bookings, dining & taxi bills with a monthly cap ₹500.
Overall, including the value of milestone rewards, we estimate you can earn a net reward yield of 2-2.6% if you spend more than ₹10,000 a month with this card.
The Business Regalia First is only available to self-employed customers and business owners with annual ITR above ₹7.2 lacs.
The HDFC Bank Millennia Credit Card is the best choice for HDFC Bank customers who charge between ₹10,000 – 50,000 a month on their card. The Millennia has a net reward yield of 2.3-2.7% in that range.
The Millennia is only available for customers under 40 years of age. If you’re not eligible for the Millennia, consider the Paytm HDFC Bank SELECT Credit Card, which has net reward yield of 1.5-1.8%.
High spenders looking for an HDFC Bank credit card should choose the 6E Rewards XL – Indigo HDFC Bank Credit Card instead, which has a yield of 2.2% for monthly spending >₹50,000 a month.
If you spend less than ₹10,000 a month on your card, consider the Bharat Credit Card with a net yield of 1.9-2.4%.
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
| Card | Business Regalia First Credit Card |
|---|---|
| Card Type | Reward + Cashback |
| Reward/Cashback Features | 4 Reward points/ ₹150 on all spends
5% Cashback on: |
| Milestone Rewards | – 5,000 Reward Points on annual spends of ₹3Lacs
– 7,500 Reward Points on annual spends of ₹6Lacs |
| Other Rewards | – Complimentary Priority Pass Membership
– 2 Complimentary Domestic Airport Lounge Visits / Qtr |
| Rewards Redemption Fee | ₹99 |
| Reward Caps | – 2,000 reward points on grocery transaction
– ₹500 per statement on Telecom, Electricity, Government/Tax, Railway, Hotels & Dining and Taxi |
| Preferred Redemption Method | Redeem Reward Points instantly against airline ticket booking hotel booking @ ₹0.30 / reward point |
| Card | Business Regalia First Credit Card | |
|---|---|---|
| Joining Fee | ₹1,000 + Taxes | |
| Annual Fee | ₹1,000 + Taxes | |
| Min. Annual Credit Card Spend for Fee Waiver |
₹1 Lacs | |
| Income Criteria | Salaried | N/A |
| Self-employed | ITR>₹7.2 Lacs | |
| Supplementary Card Fee | Free | |
| Interest Rate | 41.90% | |
| Foreign Currency Markup | 2.00% | |
| Cash Advance Charge | 2.50% with a minimum of ₹500 | |
Questions? Suggestions? See a mistake? Write to us!
Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.
2 Free Movie / Stream / Play / Events / Sports / Activities tickets up to ₹250 each and ₹100 off on F&B Spends on BookMyShow tickets.
8 reward points / ₹400 on bill payments & education and 1 point on all other spends. Fuel surcharge waiver of up to ₹100 per month.
