HDFC Bank Business Regalia
KeepA business Regalia at 1% — with the lounge stack the consumer one lost.
a year at ₹40,000 a month, after the fee
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Priced on the everyday mix — 30% groceries · 10% utilities · 20% travel · 6% fuel · 34% everything else — with this card's published category rules applied. Plus milestones, minus the fee. No accelerator credit — and a business card's accelerator is usually the point. This card is not on the board, which ranks personal cards only; it is ranked against other business cards on /best/business, where the tax, GST and vendor-payment rungs ARE credited and its ₹ reads higher.
How these numbers are computed — and why the rankings show a bigger one →
Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →
Pays for itself at ₹21,000 a month
At ₹21,000 a month — ₹2,52,000 a year — on the everyday mix this card returns ₹2,500 gross (earn ₹2,500) against its ₹2,500 fee = ₹0 net — the first rung at or above ₹0. The ladder runs in ₹1,000 steps to ₹1,00,000 a month and ₹10,000 steps to ₹5,00,000; figures are rounded to the hundred, and the accelerator is never credited.
2 notes on the card itself: how it is issued · why it ranks #737
Why #737 The business Regalia, and it earns exactly like the consumer one — 4 Reward Points per ₹200 at half a rupee, so 1%. What set it apart was a genuine lounge stack on a business card: two domestic visits a quarter on spend, plus Priority Pass for six international ones. Withdrawn from sourcing.
HDFC publishes the ladder on the product page: ₹0.50 a point against SmartBuy flights and hotels, 0.50 AirMile on conversion through NetBanking, up to ₹0.35 on products and vouchers, ₹0.15 as statement cashback. The cashback exit is a third of the travel one, so a holder taking statement credit is getting a third of the card. Close the card and the balance survives 30 days, redeemable for products and vouchers only.
The take
Business Regalia is the Regalia a company or a proprietor took out, and on rewards it is the same card: four Reward Points per ₹200 — HDFC's 15 May 2026 revision moved this whole range from a ₹150 divisor to ₹200 — worth ₹0.50 apiece against SmartBuy flights and hotels or half an AirMile on conversion, which is a clean 1%. The interesting part is the lounge arrangement, because it is spend-gated rather than free: two complimentary domestic visits a quarter, unlocked by ₹1 lakh of spend in the PREVIOUS quarter, and since 5 January 2026 those visits arrive as a voucher rather than as a card swipe at the lounge desk — swiping is no longer accepted, which is the single most likely way a holder gets turned away this year. Alongside it, Priority Pass for the primary and add-on member together, applied for after four retail transactions, good for six complimentary international visits a calendar year and US$27 plus GST a visit after that. Note that Priority Pass used in India bills to the card. Foreign spends carry 3.5%. The ₹2,500 waives at ₹3 lakh of annual spend, which a working business clears. HDFC has stopped sourcing it and has posted a change notice effective 15 May 2026; existing holders keep the card.
Your renewal — keep, downgrade or cancel
Here is the fee, the spend that clears it, and everything that has moved under this card since you last decided.
Keep, downgrade or cancel
₹2,500/yr at stake · 5 spend bands
The charge ₹2,500/yr
The waiver ₹3,00,000 of spend in the year before renewal — about ₹25,000 a month — and the renewal fee is not charged.
Break-even ₹21,000 a month — ₹2,52,000 a year — is where this card's value crosses its fee.
At your spend
₹3,000 a year, net of the fee, at ₹3,00,000 of annual spend — this clears the waiver, so no fee is charged
₹6,000 a year, net of the fee, at ₹6,00,000 of annual spend — this clears the waiver, so no fee is charged
₹12,000 a year, net of the fee, at ₹12,00,000 of annual spend — this clears the waiver, so no fee is charged
₹36,000 a year, net of the fee, at ₹36,00,000 of annual spend — this clears the waiver, so no fee is charged
₹60,000 a year, net of the fee, at ₹60,00,000 of annual spend — this clears the waiver, so no fee is charged
Everyday earn plus milestones, minus the fee — the same model as the value panel above, so the two cannot disagree. run your exact spend →
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
HDFC Bank publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and the numbers above are the whole of it.
What has changed under this card
- 23 Sep 2026 Axis EDGE brings Accor back, drops ITC, and adds Cathay, Miles & More and Hilton a program these points reach
- 15 Sep 2026 Wyndham splits its three flat free-night tiers into four a program these points reach
- 8 Sep 2026 Flying Blue splits award tickets into Light / Standard / Flex — a 25% rise for the same product a program these points reach
We price what is in force today — a change that has not happened yet is not in these numbers. the full archive for this card →
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- 4 Reward Points per ₹200 at ₹0.50 apiece on SmartBuy travel — a clean 1%
- 2 complimentary domestic lounge visits a quarter, unlocked by ₹1 lakh of spend in the previous quarter
- Priority Pass for primary and add-on member together — 6 complimentary international visits a calendar year
- ₹2,500 renewal fee waived at ₹3 lakh of annual spend
- Points also convert to AirMiles at 0.50 a point through NetBanking
Watch out
- Withdrawn — HDFC states "Sourcing of this Credit Card has been stopped" and takes no new applications
- From 5 January 2026 the spend-based domestic lounge visit arrives as a VOUCHER — swiping the card at the lounge is no longer accepted
- The domestic lounge benefit is earned by last quarter's spend, so a quiet quarter costs you the next one's visits
- Priority Pass must be applied for, and only after four retail transactions on the card
- Priority Pass used in India is charged to the card, and every international visit past six costs US$27 plus GST
- Statement cashback pays ₹0.15 a point — a third of the SmartBuy travel rate
- Rent has earned nothing since 1 January 2023 and carries a 1% fee from the second transaction of a month; education is excluded across HDFC's business range
- HDFC has posted a change notice effective 15 May 2026 covering this card
What these points actually fly
HDFC Reward Points move to Avianca LifeMiles , Air France-KLM Flying Blue , Etihad Guest , United MileagePlus , Air India Maharaja Points , AirAsia Rewards , SpiceJet SpiceClub , Accor Live Limitless (ALL) , Marriott Bonvoy , Club ITC , IHG One Rewards , Radisson Rewards and Wyndham Rewards — and those price every award dynamically. There is no published chart to quote, so we quote nothing: an estimate is not a seat.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
Does your spend count toward the fee waiver?
not published — and we say which
₹3,00,000 a year is the bar that waives the ₹2,500 fee. A different question from the one above — earning points and counting toward a threshold are separate rules, and issuers write them separately.
Not published. HDFC Bank states what the HDFC Bank Business Regalia earns, but has not published which spend categories count toward the fee waiver — the ₹3,00,000 bar. We won't guess it from the earn table or from a sibling card: Axis published three cards' rules on one day and all three lists differed. If you hold this card and have it in writing from the issuer, send us the document and we'll source it.
Lounge access
646 of 793 tracked doors
Gate: ₹1 lakh of spend in the previous calendar quarter unlocks that quarter's 2 domestic vouchers; the membership must be applied for after 4 retail transactions
Opens 646 of 793 tracked lounge doors across 251 airports , via Priority Pass Global — see the full map →
Can you get it?
the route in — no cutoffs published
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Closed to new applications — existing cardholders keep the card; there is no way in.
You cannot. HDFC prints "Sourcing of this Credit Card has been stopped. Existing customers of this card will continue to enjoy the benefits", and its FAQ adds "We are currently not accepting new applications for the HDFC Bank Business Regalia Credit Card." HDFC does still serve a set of separate benefit pages for the card under /commercial-credit-cards/ — annual-spends-benefit, best-in-class-rewards-programme, comprehensive-protection and priority-pass-membership — which is where a holder should go to re-check a specific perk.
HDFC Bank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
no MITC row researched for this card yet · filter the board by what you can get →
What's changed for this card
8 dated changes
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 23 Sept 2026Axis EDGE brings Accor back, drops ITC, and adds Cathay, Miles & More and HiltonAccor and Marriott off the grid since 2 April 2026; Club ITC live; no Cathay, Miles & More or Hilton → Accor live at the punished rates; ITC removed; Cathay, Hilton and Miles & More live; Marriott still gone
Axis's own Travel EDGE terms, re-read 25 September 2026, already show the grid that went live on 23 September. Accor ALL is back, and not at the old Atlas 1:2: EDGE Miles convert at 2:1 (Olympus 1:2) and EDGE Rewards at 5:1, with Magnus for Burgundy at 5:2 and only Burgundy Private still at 5:4. Club ITC is off the table. Three partners are new. Cathay Asia Miles sits on that same punished grid. Hilton Honors is the ordinary one: EDGE Miles 1:2, EDGE Rewards 5:2, Burgundy 5:4. Lufthansa Miles & More is the exception on Atlas, which converts 1:1 there while every other standard airline on that card is 1:2; the EDGE Rewards side of Miles & More is the ordinary 5:2. Marriott stays removed. Qatar Privilege Club was already back. Flying Blue, Air India and Qantas moved into Group A, which is the capped group. The Axis Rewards credit card's Amex network is advertised as joining-fee and annual-fee nil for a limited period; there is no separate Amex variant on this board, so that offer is not modelled as a fee change.
- 15 Sept 2026Wyndham splits its three flat free-night tiers into four
- 8 Sept 2026Flying Blue splits award tickets into Light / Standard / Flex — a 25% rise for the same product
- 1 Sept 2026SmartBuy moves Amazon Pay gift cards to 1X under Insta Deals
- 25 Aug 2026Vietnam Airlines Lotusmiles opens a broad SkyTeam status match — up to Elite Plus
- 21 Aug 2026Club ITC pays up to 50,000 bonus Green Points for spreading 10 nights across all five brands
- 20 Aug 2026IHG Hotels & Resorts becomes a Maharaja Club earning and conversion partner
- 18 Aug 2026Amex India re-rates Virgin Atlantic upward — 2:1 becomes 5:4, the first MR buff in years
Every HDFC Bank change we've dated → 37 events since 2001, 23 of them nerfs — worst year 2026.
Verified against HDFC Bank's own documents on · the net-annual-value engine, at our house ₹/point
Every document behind this page — 3 of them, each with the day we read it
- official Business Regalia product page — the sourcing-stopped notice, the ₹0.50 redemption ladder, the spend-gated domestic lounge benefit and its 5 January 2026 switch to vouchers
- official HDFC's 15 May 2026 rewards, fees and charges update — the revised accrual table that sets "Business Regalia" at 4 Reward Points per ₹200
- official Fees and charges — ₹2,500 joining and renewal, waived on ₹3 lakh of spend in a calendar year, with 3.5% forex