Upgrade HDFC Millenia to Regalia Rupay for UPI?

[Hisoka]

I rarely use my Millenia card as I’ve other cards like Axis Ace, Magnus, MRCC etc. which fulfil most of my needs.

Is it a good idea to upgrade from Millenia to Regalia Rupay? I can use it through UPI on daily bases and reward system is better than HDFC Tata Neu (which mine recently got approved but I’ll close it if Regalia is better).

Through UPI I can easily spend 3 lacs in a year to waive the renewal fees (by regular scanner payments and transferring to UPI if that’s possible)

I didn’t read any posts about this as everyone was talking about Tata Neu cards only, but I think Regalia is way better than Tata Neu as in regalia we get rewards for flights hotel etc. I’m Tata neu we’ll just get Neu coins which we’ve to spend unnecessarily

 

[Hisoka]

Any insights here?
@Batmanbaba @WhoU @TheMentalist @Wealth is my birth right!

 

[SiddharthR]

Any insights here?
@Batmanbaba @WhoU @TheMentalist @Wealth is my birth right!

You should have tagged @Abhishek012
Anyways wait few seconds, I think he is preparing tasty dish for you

 

[Abhishek012]

Regalia RuPay give you rewards point and milestone benefit using UPI spend.

You can also pay any other banks credit card bill via Amazon using your RuPay Regalia link UPI and also get rewards/milestone benefit.

 

[Hisoka]

You should have tagged @Abhishek012
Anyways wait few seconds, I think he is preparing tasty dish for you

I know only few people here whom everyone tags 😅

I’m open to anyone’s opinion

 

[SiddharthR]

Look, dish ready

I know only few people here whom everyone tags 😅

I’m open to anyone’s opinion

Ok, check his 'Signature'

 

[Hisoka]

Regalia RuPay give you rewards point and milestone benefit using UPI spend.

You can also pay any other banks credit card bill via Amazon using your RuPay Regalia link UPI and also get rewards/milestone benefit.

So is it better than Tata neu infinity Rupay?
Also, are milestone spends counted if I transfer the money to someone?

Because then I can easily achieve 15,000 bonus points milestone by spending 8 Lacs

 

[Hisoka]

Look, dish ready

Ok, check his 'Signature'

Don’t know what you’re saying bro

 

[Slayer]

Don’t know what you’re saying bro

Bottom text

Mine is SBI Cashback Supremacy

 

[Hisoka]

@Abhishek012 just checked your profile. I think you know a lot about Rupay cards.

Can you suggest me the one with best reward rate in general?

 

[yolofino]

I rarely use my Millenia card as I’ve other cards like Axis Ace, Magnus, MRCC etc. which fulfil most of my needs.

Is it a good idea to upgrade from Millenia to Regalia Rupay? I can use it through UPI on daily bases and reward system is better than HDFC Tata Neu (which mine recently got approved but I’ll close it if Regalia is better).

Through UPI I can easily spend 3 lacs in a year to waive the renewal fees (by regular scanner payments and transferring to UPI if that’s possible)

I didn’t read any posts about this as everyone was talking about Tata Neu cards only, but I think Regalia is way better than Tata Neu as in regalia we get rewards for flights hotel etc. I’m Tata neu we’ll just get Neu coins which we’ve to spend unnecessarily

HDFC has capped the maximum points in a month via Rupay credit-UPI to be 500 points per calendar month. So consider that into account.

 

[Slayer]

Well it's time to change it

No more Cashback Supremacy

 

[Hisoka]

HDFC has capped the maximum points in a month via Rupay credit-UPI to be 500 points per calendar month. So consider that into account.

But if I spend 8Lacs in a year then I’ll get 15,000 points in regalia right?

So I can just transfer the money into my bank account. Is there any catch?

 

[Abhishek012]

So is it better than Tata neu infinity Rupay?
Also, are milestone spends counted if I transfer the money to someone?

Because then I can easily achieve 15,000 bonus points milestone by spending 8 Lacs

If you regularly use Tata neu app then apply for Tata neu infinity Rupay but I have also heard that Tata Neu has blocked accounts for bulk ordering.

Credit card link UPI only allowed for Merchant UPI transactions, you can't send money to anyone.

HDFC has capped the maximum points in a month via Rupay credit-UPI to be 500 points per calendar month. So consider that into account.

Ya, monthly capped 500 points per calendar month but currently everyone getting more than 500 reward points. Can't say if any change in future.

@Slayer

But if I spend 8Lacs in a year then I’ll get 15,000 points in regalia right?

So I can just transfer the money into my bank account. Is there any catch?

Yes.

Only Merchant UPI transactions allowed, currently you can pay any other banks credit card bill pay via Amazon using Regalia UPI because cc bill pay also comes under merchant category.

 

[SiddharthR]

So is it better than Tata neu infinity Rupay?Also, are milestone spends counted if I transfer the money to someone?because then I can easily achieve 15,000 bonus points milestone by spending 8 Lacs

RP value=0.20
Means 15K*0.2=3K (0.375% reward)
So, for 8L, Reward percentage=0.375+0.53 = 0.805%
Why do you want this low % reward?

 

[Hisoka]

RP value=0.20
Means 15K*0.2=3K (0.375% reward)
So, for 8L, Reward percentage=0.375+0.53 = 0.805%
Why do you want this low % reward?

You’re talking about Cashback. For flights and hotels reward rate is 0.5Rs per reward point. So 0.805*2.5 = 2%

What makes Tata neu infinity better than regalia if I’ll get 1.5% as neu coins only?

 

[SiddharthR]

You’re talking about Cashback. For flights and hotels reward rate is 0.5Rs per reward point. So 0.805*2.5 = 2%

Not sure, but I saw somewhere that prices on Smartbuy usually higher & they charge 1%+GST on IRCTC (Not sure for Flight & Hotels)

What makes Tata neu infinity better than regalia if I’ll get 1.5% as neu coins only?

You can buy groceries, electronic & many more


Hehe,
You edited that bank transfer part

 

[TheMentalist]

You’re talking about Cashback. For flights and hotels reward rate is 0.5Rs per reward point. So 0.805*2.5 = 2%

What makes Tata neu infinity better than regalia if I’ll get 1.5% as neu coins only?

It totally depends on your spends pattern. If flights/hotels is your main concern, then Tata Neu is of limited use

 

[Hisoka]

It totally depends on your spends pattern. If flights/hotels is your main concern, then Tata Neu is of limited use

It’s not my main concern. I’ve Magnus and Axis Vistara for that

It’s just what’s the use of neu coins? I’ll buy electronics from Amazon or Flipkart as they’re more trusted and offer more discount than Tata neu. So it’s better to opt for regalia. At least it’ll provide something I can use

 

[TheMentalist]

It’s not my main concern. I’ve Magnus and Axis Vistara for that

It’s just what’s the use of neu coins? I’ll buy electronics from Amazon or Flipkart as they’re more trusted and offer more discount than Tata neu. So it’s better to opt for regalia. At least it’ll provide something I can use

You have to check the Tata Neu app then for various options to utilize the neucoins. Brands like Bigbasket & 1MG which I use personally and many others are also available.