Compare HDFC Millennia Vs. HDFC Regalia

As you can see in the above table that HDFC Regalia does not offer any welcome benefits, whereas with HDFC Millennia, you will get 1,000 Cash Points (reward points) as a welcome benefit after the payment of the joining fee. Hence, the welcome benefit provided by HDFC Millennia justifies the joining fee of Rs. 1,000.

However, HDFC Regalia comes with a high joining fee as compared to Millennia and still does not offer any welcome benefits, this might turn away a lot of users. Overall, in terms of welcome benefits, HDFC Millennia would be a better choice rather than HDFC Regalia, as you will receive the welcome benefits worth the joining fee.

Both HDFC Millennia and HDFC Regalia work on a different model, Millennia is a cashback credit card, whereas Regalia lets you earn reward points on every purchase. With HDFC Millennia, you can earn up to 5% cashback on your purchases at Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato. For all other categories and expenses, you can avail 1% cashback via this credit card. Also, this cashback is offered in the form of Cash Points, which you can later redeem against your statement balance and you are restricted to avail a maximum cashback of Rs. 1,000 in a month.

On the other hand, HDFC Regalia rewards its users with 4 reward points on every Rs. 150 spent on the retail category. You can redeem your earned reward points for flight or hotel bookings, Airmiles conversion, products and vouchers via net banking. Additionally, you can also redeem your reward points against cashback at the value of 1 Reward Point = Re. 0.20, which is lower as compared to the direct cashback offered by some of the best cashback credit cards.

In general, if you want to avail cashback instead of reward points then Millennia would be a right choice for you. However, the drawback might be that this cashback is offered in the form of Cash Points, but you can redeem Cash Points at the value of 1 Cash Point = Re. 1, against your statement balance. Alternatively, if your goal is to earn reward points along with premium benefits, then you can go for HDFC Regalia Credit Card. Both the cards work on a different model, you can opt for any one of them based on your requirements.

When it comes to lounge access, both credit cards offer complimentary lounge access to their users. With HDFC Millennia Credit Card, you can avail 8 complimentary domestic airport lounge access every year, with a maximum limit of 2 visits per quarter. However, Rs. 2 or Rs. 25 will be charged per swipe on your Millennia Credit Card towards lounge access, depending upon your card type (Visa, RuPay, Mastercard or Diners).

If we look at HDFC Regalia Credit Card, it gives you complimentary domestic as well as international lounge access every year. You can avail 12 complimentary domestic airport lounge access every year at both domestic and international terminals. Additionally, after completing 4 retail transactions, you can apply for Priority Pass Membership with Regalia Credit Card. Using this, you can avail up to 6 complimentary international airport lounge access every year for you and your add-on member.

Apart from the international lounge access, HDFC Regalia also wins in terms of foreign currency transaction fees. Regalia charges a low foreign currency markup fee, which stands at 2% as compared to 3.5% for HDFC Millennia. Overall, in terms of travel benefits, HDFC Regalia is definitely a winner for international travelers as it offers both domestic and international lounge access along with a low forex markup fee. However, if you are not a frequent international traveler and looking for a credit card that offers domestic lounge access, then you can opt for HDFC Millennia Credit Card.

Suggested read: Best Travel Credit Cards in India

HDFC Regalia and HDFC Millennia offer milestone benefits in terms of bonus reward points and gift vouchers, respectively. With HDFC Millennia Credit Card, you can avail gift vouchers worth Rs. 1,000 on spending Rs. 1 lakh in a calendar quarter. However, Regalia lets you earn 10,000 bonus reward points on spending Rs. 5 lakh in an anniversary year. Apart from this, you can also earn additional 5,000 bonus reward points on spending Rs. 8 lakh in an anniversary year via this credit card.

In general, the milestone benefits provided by both credit cards are significant as compared to the annual fee. However, for people, who do not frequently travel or shop, it might be difficult to achieve spending milestones set by the bank. Therefore, if you are sure that you can achieve the spending milestone to avail such benefits, then you can opt for any of these credit cards based on your spending pattern.

There are a few similar benefits that are offered by both credit cards, such as fuel surcharge waiver, renewal fee waiver and more. Here are some of them:

Renewal Fee Waiver: HDFC Regalia Credit Card offers a renewal fee waiver on spending Rs. 3 lakh in a year. With HDFC Millennia Credit Card, you can avail annual fee waiver on spending Rs. 1 lakh in a year. As the annual fee charged by both credit cards is different, therefore, the spending milestone for renewal fee waiver varies for both of them.

Fuel Surcharge Waiver: Both credit cards offer a 1% fuel surcharge waiver on your transactions between Rs. 400 and Rs. 5,000. However, with HDFC Millennia, you can avail a maximum waiver of Rs. 250 per statement cycle. On the other hand, HDFC Regalia caps the maximum waiver at Rs. 500 per statement cycle.

Smart EMI: HDFC Regalia and HDFC Millennia, both of them offer the facility of converting big-ticket purchases into EMIs. The categories that come under this facility, include Insurance, Groceries, Medical, Petrol, Utility, Apparel, Education, Electronics and Travel.

HDFC Regalia offers benefits on multiple categories, including travel, shopping, lifestyle, dining and more. However, being a premium credit card, certain benefits are restricted to HDFC Regalia, which are mentioned below:

Insurance Benefits: You can avail insurance cover worth Rs. 1 crore as per the below details:

• Air accident death cover of Rs. 1 crore
• Emergency overseas hospitalization cover of Rs. 15 lakh
• Credit liability cover worth Rs. 9 lakh

Concierge Services: 24×7 concierge services for a convenient travel experience.

Both credit cards offer decent benefits and cater to the needs of different customers. HDFC Regalia is designed for people who frequently travel domestically as well as internationally and want to earn reward points. On the other hand, HDFC Millennia provides cashback to its users and privileges on domestic travel.

Also, it is much easier to apply for HDFC Millennia as it has low-income eligibility as compared to HDFC Regalia. The minimum monthly income requirement to apply for HDFC Millennia is Rs. 35,000 per month, whereas your monthly income must be more than Rs. 1 lakh to apply for HDFC Regalia Credit Card.

You should opt for HDFC Millennia Credit Card if:

• You want to avail cashback instead of reward points
• You frequently travel within India
• You are looking for a credit card that offers welcome benefits

You should consider getting HDFC Regalia Credit Card if:

• You want to avail reward points on your transactions
• You are a frequent traveler
• You are ready to pay a high annual fee
• You are a high spender and can achieve Rs. 5 lakh and Rs. 8 lakh milestones

The choice of a right credit card depends on your spending habits and repayment capacity. However, if you are looking for a cashback credit card that offers multiple benefits and don’t want to pay a high annual fee, then you can choose HDFC Millennia. Besides this, if you are a frequent traveler and can afford to pay a high annual fee, then HDFC Regalia would be a right choice for you.

Both credit cards are one of the popular and best credit cards in India, hence, choosing any of them would be a great choice, provided that it meets your requirements.