HDFC Biz Black Metal vs HDFC Regalia Gold (2026)

Same points, same partner board — 1 live transfer route each, so this one is decided on earn and fee, nothing else: 3.3% at ₹10,000/yr against 1.6% at ₹2,500/yr.

The call

HDFC Biz Black Metal takes it — #13 to HDFC Regalia Gold's #14 on our board. HDFC Biz Black Metal takes 5 of the 7 rounds we can score.

HDFC Biz Black Metal out-earns HDFC Regalia Gold at every spend level we model, from ₹25k to ₹5L a month.

Both card records were last re-verified against their issuers' own documents on 2026-08-01.

₹1,87,292 ranking value a year at ₹3L/month

₹83,997 ranking value a year at ₹3L/month

2 of 7 rounds won

Full review →

Head to head

HDFC Biz Black Metal versus HDFC Regalia Gold, metric by metric. The metric runs down the centre; each card's values face it from its own side, and a gold edge on the centre line marks the round winner.
HDFC Biz Black Metal	Metric	HDFC Regalia Gold
#13 — wins this row	Our rank	#14
₹10,000/yr	Fee — joining · annual (+ GST)	₹2,500/yr — wins this row
₹7,50,000 spend	Fee waiver	₹4,00,000 spend
2% + GST (KFS v3.9, Apr-2026); DCC markup a further 1%	Forex markup	2% + GST
1.99%/mo (23.88%/yr) — BizBlack sits in the Infinia/DCB premium tier	APR	3.75%/mo (45%/yr)
3.3% — wins this row	Headline earn rate	1.6%
HDFC Reward Points	Currency	HDFC Reward Points
₹1.00/pt	House value	₹1.00/pt †
Club Marriott Annual Membership + a ₹5,000 Taj Stay voucher on ₹1.5L spend in the first 90 days	Welcome benefit	Complimentary Swiggy One + MMT Black Gold memberships, on ₹1L spend in the first 90 days
91 of 789	Lounge doors opened	731 of 789 — wins this row
Not offered — business card for the self-employed/proprietors	Income — salaried	₹1.5L+/month net (private); ₹1L+/month (govt)
ITR above ₹30L/yr, applying on ITR or GST returns (HDFC's own product page)	Income — self-employed	ITR ₹18L+/yr

† HDFC Regalia Gold: One catch on that ₹1.00: Regalia Gold can't reach it. Its points cap out at ₹0.65 (Gold Catalogue) or ₹0.50 (flights/hotels) — a 35–50% haircut vs the HDFC house value. Our 1.6% reward rate already prices that in.

Gold marks the better side of a row. House value is our ₹-per-point mark for each card's currency — the full valuation index →

Ranking-value face-off

Everyday spend at each card's base rate plus a realistic ~20% at its best accelerator (less for narrow or capped boosters) — milestones, fee waivers and the redemption haircut all at our house ₹/point. That's why the biggest headline rate doesn't automatically win. This is the ranking model, the one that orders the board; each card page prints the earn-rate-only net annual value instead, which reads lower for any card with an accelerator (both models, side by side). Tune it to your own spend in the calculator.

HDFC Biz Black Metal HDFC Regalia Gold

at ₹1L/month

₹65,764 wins

₹38,666

at ₹3L/month

₹1,87,292 wins

₹83,997

at ₹5L/month

₹2,98,820 wins

₹1,29,328

HDFC Biz Black Metal out-earns HDFC Regalia Gold at every spend level we model, from ₹25k to ₹5L a month.

How the gap moves with spend

HDFC Biz Black Metal leads at all 20 steps, but not by the same amount: ₹775 at ₹0.25L a month, ₹1,69,492 at ₹5L — the gap fans out with spend, widest at ₹5L (₹1,69,492).

HDFC Biz Black Metal draws above the line, HDFC Regalia Gold below · ₹0.25L to ₹5L a month, step by step

Ranking value for each card at every ₹25,000 step of monthly spend, with the gap between them and the card in front at that level.
Monthly spend	HDFC Biz Black Metal	HDFC Regalia Gold	In front
₹0.25L	₹3,941	₹3,166	HDFC Biz Black Metal by ₹775
₹0.5L	₹22,882	₹22,333	HDFC Biz Black Metal by ₹549
₹0.75L	₹46,823	₹32,999	HDFC Biz Black Metal by ₹13,824
₹1L	₹65,764	₹38,666	HDFC Biz Black Metal by ₹27,098
₹1.25L	₹84,705	₹44,332	HDFC Biz Black Metal by ₹40,373
₹1.5L	₹98,646	₹49,998	HDFC Biz Black Metal by ₹48,648
₹1.75L	₹1,17,587	₹55,665	HDFC Biz Black Metal by ₹61,922
₹2L	₹1,31,528	₹61,331	HDFC Biz Black Metal by ₹70,197
₹2.25L	₹1,45,469	₹66,998	HDFC Biz Black Metal by ₹78,471
₹2.5L	₹1,59,410	₹72,664	HDFC Biz Black Metal by ₹86,746
₹2.75L	₹1,73,351	₹78,330	HDFC Biz Black Metal by ₹95,021
₹3L	₹1,87,292	₹83,997	HDFC Biz Black Metal by ₹1,03,295
₹3.25L	₹2,01,233	₹89,663	HDFC Biz Black Metal by ₹1,11,570
₹3.5L	₹2,15,174	₹95,330	HDFC Biz Black Metal by ₹1,19,844
₹3.75L	₹2,29,115	₹1,00,996	HDFC Biz Black Metal by ₹1,28,119
₹4L	₹2,43,056	₹1,06,662	HDFC Biz Black Metal by ₹1,36,394
₹4.25L	₹2,56,997	₹1,12,329	HDFC Biz Black Metal by ₹1,44,668
₹4.5L	₹2,70,938	₹1,17,995	HDFC Biz Black Metal by ₹1,52,943
₹4.75L	₹2,84,879	₹1,23,662	HDFC Biz Black Metal by ₹1,61,217
₹5L	₹2,98,820	₹1,29,328	HDFC Biz Black Metal by ₹1,69,492

Transfer reach

Both cards earn HDFC Reward Points, so the partner list is identical — 1 live transfer routes each. The ratios are not: see below.

Both reach

Singapore Airlines KrisFlyer 1:1 vs 2:1

Only HDFC Regalia Gold

Finnair Plus (Avios)
Qatar Airways Privilege Club (Avios)
The British Airways Club (Avios)

Full route maps on each card page, best ₹/point routes on the optimizer →

What to watch out for

HDFC Biz Black Metal · 3 more →

Transfers reach ONE program: KrisFlyer at 1:1 via NetBanking — no Avios, Flying Blue or hotel partners
HDFC names no transfer partner anywhere it publishes — its own page says only 'Airmiles conversion via Netbanking, 1000 RP = 1000 Airmiles'
5X bonus capped at 7,500 RP/cycle and needs ₹50k/cycle in the accelerated categories to trigger

HDFC Regalia Gold · 4 more →

Cashing out to your statement fell from ₹0.20 to ₹0.15 a point in Jul-2026 — unannounced, and HDFC's own page still says ₹0.20 in one place
Jul-2026: 3 domestic lounge visits/quarter now need ₹60k prior-quarter spend
May 2026 cut lowered the effective earn ~6%

The call

For the ₹1L/month spender, HDFC Biz Black Metal nets ₹65,764 against ₹38,666 — a ₹27,098 gap. At ₹5L/month, HDFC Biz Black Metal nets ₹2,98,820 against ₹1,29,328 — a ₹1,69,492 gap. Lounge chasers: HDFC Regalia Gold opens 731 of 789 tracked doors to HDFC Biz Black Metal's 91.

Our standing verdicts: HDFC Biz Black Metal — Keep; HDFC Regalia Gold — Keep. On our board, HDFC Biz Black Metal sits at #13 to HDFC Regalia Gold's #14 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →

Straight answers

Which is better, HDFC Biz Black Metal or HDFC Regalia Gold?

HDFC Biz Black Metal. It sits at #13 on our board to HDFC Regalia Gold's #14. HDFC Biz Black Metal takes 5 of the 7 rounds we can score. HDFC Biz Black Metal out-earns HDFC Regalia Gold at every spend level we model, from ₹25k to ₹5L a month.

HDFC Biz Black Metal or HDFC Regalia Gold — which earns more at ₹3L a month?

At ₹3L a month, HDFC Biz Black Metal nets ₹1,87,292 against ₹83,997 — a ₹1,03,295 gap. Those are ranking-value figures: everyday spend at the card's base rate plus a realistic slice at its best accelerator, net of the fee.

Which costs less to hold, HDFC Biz Black Metal or HDFC Regalia Gold?

HDFC Regalia Gold — ₹2,500/yr against ₹10,000/yr. HDFC Biz Black Metal waives its fee at ₹7,50,000 of spend; HDFC Regalia Gold at ₹4,00,000 of spend.

Which gets you into more airport lounges, HDFC Biz Black Metal or HDFC Regalia Gold?

Lounge chasers: HDFC Regalia Gold opens 731 of 789 tracked doors to HDFC Biz Black Metal's 91. Visit quotas, guest charges and spend gates are per card — the lounge map carries each one.

How current is this comparison?

Both card records were last re-verified against their issuers' own documents on 2026-08-01. Every figure on this page — the ranking values, the fee rows, the lounge counts, the transfer ratios — is recomputed from those records each time the site builds, so a devaluation changes the call the day we log it.