HDFC Regalia Credit Card Vs ICICI Rubyx Credit CardHDFC Regalia Credit Card Vs ICICI Rubyx Credit Card

HDFC Regalia Vs ICICI Rubyx Credit Card

HDFC Regalia and ICICI Rubyx Credit Cards are top contenders in the lifestyle credit card category, distinguished for their exceptional offerings and benefits. Each card features a distinctive Reward Points program; HDFC Regalia Credit Card accumulates HDFC Reward Points with a reward rate reaching up to 1.33%, while ICICI Rubyx Credit Card earns Reward Points with a maximum reward rate of up to 1%. The HDFC Regalia yearly membership costs Rs. 2,500 plus GST, while the ICICI Rubyx charges Rs. 2,000 plus GST annually. However, in the first year, ICICI Rubyx entails an initial fee of Rs. 3,000.

Apart from their Reward Points system, both credit cards provide various extra perks such as free access to airport lounges, discounts at dining establishments, and complimentary insurance coverage. Considering their similar annual fees, reward rates, and additional benefits, it’s crucial to conduct a thorough comparison of the two cards to assess their relative strengths in different areas.

Features and Benefits of HDFC Regalia Credit Card and ICICI Rubyx Credit Card

HDFC Regalia Credit Card:

  1. Popular Lifestyle Card:
    • The HDFC Regalia Credit Card stands out as one of the most sought-after lifestyle credit cards within the Indian financial landscape.
  2. Reward Points:
    • Earn 4 Reward Points for every Rs. 150 spent, with a maximum reward rate of 1.33%.
  3. Membership Fee:
    • For an annual fee of Rs. 2,500, you gain access to a range of perks, such as entry to airport lounges and reduced forex mark-up rates.
  4. Welcome/Renewal Benefits:
    • Receive 2,500 Reward Points on joining and renewal, subject to the fee realization.
  5. Milestone Benefits:
    • Receive 10,000 Bonus Reward Points when you spend Rs. 5 lakhs annually, plus an extra 5,000 points when you reach Rs. 8 lakhs.
  6. Redemption Options:
    • Redeem Reward Points for flights, hotels, products, vouchers, cashback, or transfer as AirMiles.
  7. Complimentary Services:
    • 12 domestic and 6 international airport lounge accesses, Dineout Passport membership, and comprehensive insurance cover.
  8. Concierge Service:
    • Access complimentary 24×7 concierge service for various assistance.
  9. Foreign Transactions:
    • Enjoy a lower mark-up fee of 2% on foreign currency transactions.
  10. Renewal Fee Waiver:
    • Exemption from the yearly renewal charge is granted when a minimum of Rs. 3 lakhs is spent in the previous year.
  11. Eligibility Criteria:
    • Salaried: Minimum income of Rs. 70,000 per month, age 21-60 years.
    • Self-Employed: Minimum income of Rs. 8,40,000 per annum, age 21-65 years.

ICICI Rubyx Credit Card:

  1. Lifestyle Card by ICICI:
    • Rubyx Credit Card stands out as a prominent selection within the realm of lifestyle credit cards in India.
  2. Reward Points:
    • Receive 4 Reward Points for every Rs. 100 spent internationally, and 2 Reward Points for every Rs. 100 spent domestically.
  3. Membership Fee:
    • Rs. 2,000 annual fee (plus GST) with an initial joining fee of Rs. 3,000 for the first year.
  4. Welcome Gift:
    • Receive shopping and travel vouchers worth Rs. 5,000 on joining.
  5. Milestone Benefits:
    • Earn 3,000 Reward Points for the first Rs. 3 lacs spent, additional 1,500 Reward Points for every 1 lac thereafter.
  6. Redemption Options:
    • Exchange accumulated reward points for various options such as merchandise, vouchers, or cashback credited towards reducing the balance on the card’s statement.
  7. Complimentary Services:
    • 2 domestic and 2 railway lounge accesses, movie ticket discounts, golf game benefits, and more.
  8. Insurance Cover:
    • Comprehensive coverage, including personal air accident, credit shield, baggage insurance, and travel-related benefits.
  9. Concierge Service:
    • Access 24×7 concierge service for flight/hotel bookings, table reservations, and gift deliveries.
  10. Partner Discounts:
    • Avail discounts on dining bills at partner restaurants through ICICI Bank’s Culinary Treats Program.

Comparison between HDFC Regalia Credit Card and ICICI Rubyx Credit Card

HDFC Regalia Credit Card:

  1. Reward Rate
    • 4 Reward Points per Rs. 150 spent
    • 4 Reward Points per Rs. 100 on international spends
    • Earn 2 Reward Points for every Rs. 100 spent on domestic purchases, except for fuel, utilities, and insurance transactions.
    • 1 Reward Point per Rs. 100 on utility and insurance spends
  2. Reward Redemption
    • 1 RP = Rs 0.5 for flights and hotel bookings
    • 1 RP = Rs 0.35 for products and vouchers
    • One Reward Point (RP) is equivalent to 20 paise for cashback or can be converted to 0.5 air miles.
    • 1 RP = Rs. 0.25 for purchasing products/vouchers from the Reward’s catalog
  3. Welcome/Renewal Benefits
    • 2,500 Reward Points on joining
    • Shopping and travel vouchers worth Rs. 5,000 as a welcome benefit
    • Milestone benefits based on annual expenditure
  4. Additional Benefits
    • 12 complimentary domestic lounge access per annum
    • Complimentary Priority Pass membership with 6 international lounge access
    • Complimentary insurance cover and 24×7 concierge service
    • Lower mark-up fee of 2% on foreign currency transactions
  5. Membership Fee
    • You’ll receive a discount of Rs. 2,500 if your annual expenditures reach Rs. 3,00,000.
  6. Eligibility
    • Salaried: Minimum income of Rs. 70,000 per month, age 21 to 60 years
    • Self-employed: Minimum income of Rs. 8,40,000 per annum, age 21 to 65 years

ICICI Rubyx Credit Card:

  1. Reward Rate
    • 4 Reward Points per Rs. 100 on international spends
    • Earn 2 Reward Points for every Rs. 100 spent on domestic purchases, excluding fuel, utility payments, and insurance transactions.
    • 1 Reward Point per Rs. 100 on insurance and utility spends
  2. Welcome Benefits
    • Shopping and travel vouchers worth Rs. 5,000 on joining
    • Milestone benefits based on annual expenditure
  3. Additional Benefits
    • Complimentary lounge access, golf games, and discounts on dining
    • Comprehensive insurance cover and 24×7 concierge service
  4. Membership Fee
    • Rs. 2,000 per year (Rs. 3,000 for the first year)
  5. Eligibility
    • Salaried: Minimum income of Rs. 50,000 per month, age 21 to 61 years
    • Self-employed: Minimum income of Rs. 5.5 lakhs per annum, age 21 to 65 years

Which credit card suits you best?

  • The HDFC Regalia and ICICI Rubyx Credit Cards offer attractive reward rates alongside a range of valuable supplementary perks.
  • Value-added benefits include complimentary domestic and international airport lounge access and railway lounge access (international lounge access only with Regalia, and railway lounge access only with Rubyx).
  • Additional perks encompass complimentary comprehensive cover, dining and movie discounts, among others.
  • One key distinction is the complimentary lounge access: Regalia offers international airport lounge access, while Rubyx provides access to select railway stations across the country.
  • Starting from the second year, the yearly charge for the Regalia Credit Card exceeds the ICICI Rubyx Credit Card’s fee by Rs. 500.

Frequently Asked Questions (FAQs)

Q1: What sets apart HDFC Regalia Credit Card from ICICI Rubyx Credit Card?

A1: HDFC Regalia offers international airport lounge access, while ICICI Rubyx provides access to select railway stations. Additionally, there’s a disparity in annual fees.

Q2: What additional perks come with both credit cards?

A2: HDFC Regalia and ICICI Rubyx Credit Cards offer rewards, complimentary airport lounge access, insurance coverage, dining discounts, and more.

Q3: Do both cards offer international airport lounge access?

A3: Yes, HDFC Regalia offers international airport lounge access, whereas ICICI Rubyx focuses on select railway station lounges nationwide.

Q4: How do the annual fees compare between HDFC Regalia and ICICI Rubyx Credit Cards?

A4: HDFC Regalia’s annual fee, starting from the second year, is Rs. 500 higher than that of ICICI Rubyx Credit Card.

Q5: Are there specific discounts available with these cards?

A5: Yes, both cards offer dining and movie discounts among their perks.

Q6: Can I choose a card based on my preference for airport or railway lounge access?

A6: Yes, if you prefer international airport lounge access, go for HDFC Regalia. For railway lounge access, ICICI Rubyx is the better choice.

Q7: Are there limitations on railway lounge access with ICICI Rubyx Credit Card?

A7: ICICI Rubyx Credit Card’s railway lounge access is restricted to select stations nationwide.

Q8: Do these cards have any hidden fees?

A8: Check the terms and conditions of both cards to understand any additional charges or fees.

Q9: How can I compare their reward programs?

A9: Compare reward rates, redemption options, and special promotions to evaluate the value of each card’s rewards program.

Q10: Can I upgrade or downgrade my card based on changing preferences?

A10: Credit card issuers typically offer options for upgrades or downgrades. Contact the respective banks for information on procedures and possibilities.

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