It is indeed a superpower to have a credit card that matches your financial needs best credit cardsand habits. But with so many options available in the market it becomes hard to choose a credit card that matches your financial needs and habits. Very often people land on the two best choices of credit cards in the end and then find it difficult to choose one. But don’t worry, if you are confused between Regalia Credit Card and IDFC First Millennia Credit Card, one of the best credit cards present in the market, then we have got you all covered. Our aim is not only to compare the key benefits or features but also to talk about the drawbacks of both the cards giving you a broader view of which one to choose. Do you have trouble getting your credit card due to low credit score, check why did your credit score drop and increase your credit score to scale up your score and apprly for a credit card So, let’s start:
Difference Between HDFC Regalia Credit Card and IDFC First Millennia Credit Card
1. Joining Fees
● HDFC Regalia Credit Card:
The joining fee is quite high, i.e. Rs 2,500.
● IDFC First Millennia Credit Card:
The joining fee is quite high, i.e. Rs 0.
2. Benefits
● HDFC Regalia Credit Card
➔ Airport Lounge Access:
You get airport lounge access within and outside India. ➔ Delicacies: At premium restaurants across top cities you get to enjoy unique delicacies through Good Food Trail Dining.
➔ Reward Points:
On every Rs150 you retail spends on insurance, utilities,
education, and Rent Pay you earn 4 reward points.
➔ Additional Reward Points:
After you achieve annual spending of Rs 8 Lakh you earn additional 5,000 reward points.
➔ Emergency Overseas Hospitalization:
For emergencies, you get emergency overseas hospitalization up to Rs 15 lakh.
➔ Accidental air death cover:
You get an accidental air death cover worth Rs1 Crore.
➔ Fuel Surcharge Waiver:
A fuel Surcharge waiver is offered with the card.
● IDFC First Millennia Credit Card
➔ Welcome Benefits:
Vouchers worth Rs 500 are awarded on spending Rs15000 within 90 days as a part of welcome benefits.
➔ Cashback:
5% cashback is awarded on making the first EMI transaction within 90 days.
➔ Reward Points:
On all transactions above Rs 20,000 you can avail of 6X reward points. On online spending, you can avail of 6X Reward Points and 3X offline
spending.
➔ Discount on movie tickets:
25% discount on movie tickets up to Rs 100, once a month.
➔ Personal Accidental Cover:
Personal Accidental Cover worth Rs 2Lakh,
➔ Attractive Discounts:
On 1500+ restaurants you can avail 20% discount and on 3000+ Health and Wellness Outlets you can avail 15% discount.
➔ Free Roadside Assistance(RSA):
You get free Roadside Assistance (RSA) worth Rs 1399.
➔ Fuel Surcharge Waiver:
At any fuel station in India you get a 1% fuel surcharge up to Rs 200 every month.
➔ Birthday Offer:
On all your spending done on your birthday you get 10X reward points.
➔ NIL Overlimit fees:
The card charges no over-limit fees.
➔ NIL Addon Charges:
The card charges no Addon charges.
➔ Railway Lounge Access:
Complimentary railway lounge access is offered with the card.
3. Drawbacks
● HDFC Regalia Credit Card :
➔ Annual Fees:
The card has slightly high annual fees.
● IDFC First Millennia Credit Card :
➔ Milestone benefits:
The card has No milestone benefits.
➔ Welcome Gift Voucher:
The voucher for the welcome gift is only provided on spending Rs 15000 within 90 days of card set-up.
➔ Airport Lounge Access:
No airport lounge access is offered with the card. All cards come with amazing benefits designed to target the needs of a particular type of customer. It’s when the needs of customers and the features of the particular credit card match we call it a perfect match. Not only do you need to access the features of the credit card you are going to invest in but also your own financial habits and needs. Like, if you are an avid airport traveler then you should not go for IDFC First Millenia Credit Card and are investing in a credit card for lounge access facility. But, if you are looking for the best credit cards with amazing benefits like railway lounge access on a tight budget then you should surely invest in IDFC First Millennia Credit Card. It’s time for you to get the superpower of a credit card by making the right decision. All the best!
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