Discover the top NRI credit cards for 2023 to effectively manage finances and investments across borders.
Numerous banks in India cater to the financial needs of Non-Resident Indians (NRIs) by offering them credit cards.
These NRI Credit Cards are designed to facilitate convenient payments for individuals, whether they are abroad or in India.
They are provided explicitly to Indians who have settled overseas and fall under the status of an NRI.
NRI Credit Cards operate similarly to regular credit cards.
They allow NRIs to make travel bookings, purchases, online payments, and bill settlements.
What sets them apart is the avoidance of currency conversion hassles, as NRIs can make payments in Indian rupees.
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Steps for Online NRI Credit Card Application
Step 1:
Visit the website of the desired bank and initiate the credit card application process.
This can be done by providing essential details like your name, email ID, contact number, income, and address.
Step 2:
Expect a call from a bank representative who will guide you through the application procedure.
Step 3:
A representative will visit your location to collect the required documents.
Steps for Offline NRI Credit Card Application
Step 1:
Visit the bank’s nearest branch and inquire about the NRI credit card options available.
Step 2:
The bank representative will assist you in selecting a card that aligns with your requirements.
Step 3:
Fill out the application form and then submit essential documents.
To apply for any NRI credit card, you will need to submit the following documents:
⁃ KYC documents, including PAN, address proof, and ID proof.
⁃ A photograph.
⁃ Salary slip or Form 16.
Additional documents may be necessary depending on the bank’s specific requirements.
Key Considerations
Selecting the right credit card as a Non-Resident Indian (NRI) can be overwhelming due to the multitude of options available.
Here are some key considerations to help you make an informed choice:
Benefits and Rewards
Determine if you prefer lifestyle rewards, travel perks, or cashback incentives.
Explore the various benefits and perks that align with your preferences and purchases.
This makes your travel more comfortable or provides savings through local cashback offers.
Interest Rates
Pay attention to the interest rate, particularly if you feel that you may have to carry a balance on your card.
Ensure you are comfortable with the interest rate terms, as it can impact your finances significantly.
Card Fees
Know that most NRI credit cards come with annual/joining fees, although these fees are often waived with sufficient spending.
Be aware of additional charges such as processing, ATM withdrawal, and overseas transaction fees.
These fees are typically detailed in the terms and conditions, so review them carefully.
Currency Conversion Markup
Given that international transactions may be a part of your spending as an NRI, assess the impact of currency conversion on your expenses.
Many cards apply a currency conversion markup, which deducts a portion of each transaction converted to your home currency.
Be aware of the costs.
Now, let us take a look at the best credit cards available for NRIs in India.
Kotak NRI Royale Signature Credit Card (Best Pick)
Below are the exclusive features and benefits of the Kotak NRI Royale Signature Credit Card.
Rewards on International Spending
When you use the card for purchases outside India, you earn two reward points for every Rs. 200 spent.
Additionally, you earn one extra reward point for every Rs. 200 spent within India.
Accumulate these reward points, which can be redeemed for various options, including movie tickets, airfare, cash, and more.
Each reward point is equivalent to Rs. 1.
Convenience of INR Transactions
You can avoid the mark-up fee typically charged on credit cards issued outside India when traveling to India.
You can also avoid the inconvenience of currency exchange.
Enjoy the convenience of making payments for your purchases, travel expenses, and dining in Indian Rupees.
Fuel and Railway Surcharge Waivers
The card offers a fuel surcharge waiver on transactions ranging from Rs. 500 to Rs. 3000.
The maximum fuel surcharge waiver is Rs. 3500 per calendar year.
You can benefit from a railway surcharge waiver for transactions on www.irctc.co.in and at Indian Railways Booking Counters.
This comes with a maximum waiver of Rs. 500 per calendar year.
Gift an Add-On Card
Extend the advantages of the NRI Royale Card to your loved ones by gifting them an add-on card.
This card can be issued to your spouse, parents, or children above 18, regardless of location or citizenship status.
A one-time fee of Rs. 599/- applies to each add-on card.
Travel Comfortably
Enjoy the perks of airport lounge access with two complimentary visits every quarter to Dream Folks Lounges within India.
Revel in amenities like gourmet meals, comfortable seating, widescreen TVs, newspapers, magazines, and free Wi-Fi.
Fees
This card has no joining fees, but the annual fee is Rs. 1,000.
Interest rate: 37.2% p.a.
You should note that the fees and interest rates are subject to change as per the terms and conditions of Kotak Mahindra Bank.
You should follow up with the bank to get accurate details regarding the fees associated with this card.
HDFC Bank Regalia
Given below are some of the exclusive offers provided with the HDFC Regalia Card
Joining Perks
When you apply for the HDFC Regalia Credit Card, you can enjoy various joining benefits.
Notably, you receive 2,500 reward points upon paying the joining fee.
Reward Points
This card offers 4 points for every 150 rupees spent using the card, which can be redeemed at a rate of 0.5 rupees per 1 point.
Complimentary Zomato Gold Membership
If you spend ₹75,000 within the first three months of receiving your card, you’ll receive a free Zomato Gold membership.
This gives you exclusive dining privileges when using Zomato for your dining expenses in India.
Lifetime Free Card
You can obtain a lifetime free card by completing four transactions of ₹500 or more monthly for the first three consecutive months.
International and Domestic Lounge Access
Cardholders benefit from 6 international lounge visits per year through Priority Pass membership.
They also get 12 domestic lounge accesses via the Regalia Visa/Mastercard Lounge program.
Rewards on Anal Spends
For annual spending exceeding ₹8 lakhs, you can earn 15,000 reward points every year.
Fuel-Surcharge Waiver
Enjoy a fuel-surcharge waiver, ensuring savings every time you refuel your vehicle.
Discounts at Restaurants
Avail of up to 15% discounts at over 3,000 restaurants, which makes dining out more enjoyable and cost-effective.
Travel Concierge Services
Access personalized travel concierge assistance to enhance your travel experiences.
Insurance Coverage
Cardholders are eligible for several insurance benefits, including:
⁃ Air accident death cover
⁃ Emergency overseas hospitalization cover
⁃ Credit liability cover
Anniversary Year Rewards
Spend ₹5 lakhs or more in an anniversary year, and adding to that, you can earn an additional 10,000 reward points.
Fees
The fee structure for the HDFC Bank Regalia Credit Card is as follows:
1st Year: ₹2,500
2nd year Onwards: ₹2,500
Lifetime Free Card: Achievable by completing four transactions of ₹500 or more monthly for the first three consecutive months.
The renewal fee can be avoided if you spent over ₹3 lakhs during the previous year.
HDFC Bank Times Titanium
Below are the offers and primary features of the HDFC Bank Times Titanium credit card.
Year-round Discounts
Enjoy fantastic discounts and exclusive offers on movies and dining at select outlets throughout the year.
GPS-Based Offers: Access real-time GPS location-based offers online or offline using the Times Card app.
Annual Fees
Pay an annual fee of INR 500 for the first year and subsequent years.
However, this fee is waived if your annual spending exceeds INR 1.5 lakhs.
Other Features
One of the top entertainment credit cards with year-long discounts on movie and dining expenses.
The renewal fee can be avoided by spending INR 1.5 lakh or more annually.
Accelerated rewards are made available on dining expenses during weekdays.
Enjoy discounts on movie tickets when booking through select websites or theaters.
You have the possibility of earning two reward points for every INR 150 spent on retail purchases.
On weekdays (Monday to Friday), enjoy a higher rate of 5 points for every Rs. 150 spent on dining.
These points are valid for two years from the date of accumulation.
If your card is lost or stolen, report it within 24 hours to benefit from zero liability on fraudulent transactions.
Fees
Joining Fee: Rs. 500
Annual Fee: Rs. 500 (waived if annual spending exceeds Rs. 1.5 lakhs)
Interest Rate (APR): 40.8% per annum
Interest-Free Period: Up to 50 days
Please note that these fees are subject to change and may vary depending on the terms and conditions set by HDFC Bank.
Checking the latest fee schedule before applying for the card or making transactions is advisable.
HDFC Bank Times Platinum
Below are the exclusive features and fees of the HDFC Bank Times Platinum credit card.
Welcome Gift Vouchers:
Enjoy a generous 25% discount on movie ticket bookings.
Delight in a 20% discount on dining at over 1,000 partner restaurants.
Earn accelerated reward points for dining during weekdays.
The renewal fee is waived if your annual expenditure exceeds Rs. 2,50,000.
Enjoy a 1.5% fuel surcharge waiver on fuel transactions with a maximum waiver per statement cycle of Rs. 250.
Conduct at least four monthly transactions to avail of free Accidental Death insurance worth Rs. 50 lakhs.
Receive complimentary Fire and Burglary protection for goods exceeding Rs. 5,000 for six months.
In case of card loss, report it to HDFC credit card customer care to enjoy zero liability on fraudulent transactions.
Earn three reward points for every Rs. 150 spent and an impressive ten reward points for every Rs. 150 spent on dining during weekdays.
Accumulated reward points remain valid for two years from the date of purchase.
Online redemption involves selecting items from the rewards catalog and completing the process on the website.
Fees
Annual Fee: Rs. 1,000
Cash Advance Limit: 40%
Minimum Repayment Amount is 5% or a minimum of Rs. 200
Interest-Free Period: Up to 50 days
Charges on Revolving Credit: 3.49% per month.
Note that these fees are subject to change and may differ depending on the terms and conditions set by HDFC Bank.
Checking the latest fee schedule before applying for the card or making transactions is advisable.
HDFC Bank Diners ClubMiles Card
Below are the features and fees related to the HDFC Bank Diners ClubMiles card.
Lifetime Free Access
Experience lifetime free access by conducting just four monthly transactions for the first three consecutive months. The minimum transaction value is Rs. 500.
Rewarding Points System
Earn four reward points for every Rs. 150 spent on your card.
Airport Lounge Access
Enjoy the luxury of up to 6 complimentary lounge visits at over 700 lounges across India and abroad.
Best-in-class Miles Exchange Program
Exchange 1 reward point for one airmile with leading airlines and hotels.
Redeem your reward points for miles, making your travel experiences even more rewarding.
Easy Documentation
Additional Features
A first-year fee of Rs. 1,000 is waived on conducting two monthly transactions for the first three consecutive months.
It can also be waived off by spending Rs. 30,000 within 90 days.
Second year onwards, the fee is Rs. 1,000 and can be waived on spending Rs. 1 lakh within 12 months.
You can receive 1,000 reward points as a welcome gift, credited once the joining fee is paid.
Also, earn 1,000 reward points as a renewal bonus for every card renewal.
Redeem reward points for air miles with partner airlines and hotels, including:
⁃ British Airways
⁃ Jet Airways
⁃ Singapore Airlines
⁃ Trident Hotels
⁃ Club Vistara
One reward point equals one air mile.
Points can also be converted at the HDFC Bank Diners Club website, with one reward point equal to Re. 0.50.
Enjoy a 15% discount and other benefits at some of the finest restaurants in your city.
You can also access a 24/7 concierge service for all your travel needs.
Fees
Joining Fee: Rs. 1,000
Annual Fee: Rs. 1,000
Interest Rate: 3.49% per month
The fees and interest rates are subject to change, so it is wise to contact the bank regarding those details.
Axis Neo
The Axis Bank Neo Credit Card offers a plethora of benefits and privileges, making it a valuable addition to your wallet.
Some of its notable features include:
Welcome Offer
Cardholders can enjoy welcome offers from Amazon, cashback offers, gift vouchers, and entertainment deals upon card activation.
Lost Card Liability Insurance
Axis Bank offers lost card liability insurance.
This ensures cardholders are protected against unauthorized transactions if the card is lost or stolen.
Lifestyle Benefits
The Neo Credit Card extends lifestyle benefits across various categories, including dining, movies, and shopping.
Dining Delights
Cardholders can enjoy appealing dining benefits at partner restaurants in India as part of the Axis Bank Dining Delights program.
Shopping Perks
The card entitles users to various shopping discounts and cashback offers.
This includes discounts on Myntra.com and BigBasket purchases.
Cashback on mobile recharge transactions is also made via the Freecharge app or website.
Movie Vouchers
Neo Credit Cardholders receive movie vouchers to enhance their entertainment experiences.
Rewards Program
Under the eDGE Loyalty Program, cardholders earn two reward points for every Rs.200 spent using the Axis Bank Neo credit card.
These reward points can be redeemed from an exclusive catalog on the Axis Bank website.
EMI Facility
Cardholders can convert high-value purchases into equated monthly installments (EMIs).
The EMIs can be set with flexible tenure options ranging from 6 to 24 months.
Any purchase exceeding Rs.2,500 can be converted into monthly installments.
Fees
Joining Fees: Rs.250 (waived off if Rs.2,500 is spent within 45 days)
Annual Fees: Rs.250
The fees and interest rates are subject to change per the terms and conditions of Axis Bank.
Following up with the bank is suggested to get accurate details regarding the fees involved.
ICICI Bank NRI Coral Credit Card
The ICICI Bank NRI Coral Credit Card offers benefits designed to enhance the cardholder’s experience:
Security
The card has a Chip-and-PIN security system to protect against fraud and card duplication.
Complimentary Lounge Visits
Cardholders can enjoy two complimentary lounge visits each quarter, adding a touch of luxury to their travel experiences.
UBER Vouchers
Cardholders receive three complimentary UBER vouchers valued at Rs.100 for convenient and cost-effective transportation.
BookMyShow Offer
Cardholders can get one free ticket under the buy-one-get-one plan when booking through BookMyShow.
Cardholders can also get up to 2 complimentary movie tickets per month, with each ticket priced at up to Rs.250.
Dining Discounts
Enjoy a 15% or higher discount at more than 2,500 restaurants across 12 major cities in India.
This is availed through the Culinary Treats Program by ICICI Bank.
MasterCard Moments
Cardholders can take advantage of the MasterCard Moments program.
This provides access to a range of enriching experiences and exclusive offers.
Fuel Surcharge Waiver
Cardholders receive a 1% waiver on fuel surcharge every time they purchase petrol or diesel.
This is valid on a maximum transaction of Rs.4,000 at all HPCL petrol pumps.
Fees
Joining Fee: Rs.1,000 plus GST
Annual Fee: Rs.500 plus GST (waived off from the second year if annual spending exceeds Rs.1,50,000 per year)
Please note that charges may be subject to change per the bank’s terms and conditions.
Verifying the current fee structure with ICICI Bank for the most up-to-date information is advisable.
ICICI Bank NRI Sapphiro Credit Card
Listed below are the exclusive benefits and offers provided by the ICICI Bank NRI Sapphiro Credit Card
Benefits of Reward Points
Earn two PAYBACK Points for every Rs.100 spent on domestic purchases.
Receive 1 PAYBACK point for every Rs.100 spent on utilities and insurance payments.
Entertainment Perks
Enjoy up to Rs.500 off on your second movie ticket when you purchase one (twice a month for tickets booked through www.bookmyshow.com).
Golf Privileges
Avail up to 4 complimentary rounds of golf every month at your chosen golf course.
Dining Advantages
Enjoy a minimum savings of 15% on dining expenses through the ICICI Bank Culinary Treats Programme.
Airport and Lounge Benefits
Receive four free domestic airport lounge visits every quarter, courtesy of Mastercard.
Enjoy two free domestic airport spa visits annually through the Dreamfolks Membership Programme.
How to Redeem PAYBACK Points
You can redeem your PAYBACK Points as cash, with each PAYBACK Point equivalent to Rs.0.25.
To redeem, call 080-4014644, and then the equivalent cash gets credited to your account within seven working days.
If you prefer redeeming points for gifts, you can contact PAYBACK at 1860-258-5000 or make an online request through www.payback.in.
Additional Card Usage
The ICICI Bank NRI Sapphiro Credit Card is valid for domestic transactions.
Credit card bill payments should be set up for automatic debit from the NRE/NRO Account.
Value of PAYBACK Points
Each PAYBACK Point holds a value of Rs.0.25.
Dining Benefits
This card offers a minimum discount of 15% on dining bills through the ICICI Bank Culinary Treats Programme.
Fees
Joining Fee: Rs.6,500
Annual Fee: Rs.3,500
Several Indian banks offer credit cards tailored to meet the financial requirements of Non-Resident Indians (NRIs).
These NRI Credit Cards are designed to facilitate convenient transactions, whether NRIs reside abroad or in India.
They are intended explicitly for Indians who have settled overseas and hold the status of NRI.
NRI Credit Cards function like regular credit cards, allowing NRIs to make travel bookings, purchases, online payments, and settle bills.
What sets them apart is the hassle-free avoidance of currency conversion, enabling payments in Indian rupees.
Steps for Online NRI Credit Card Application
Step 1:
Visit your preferred bank’s official website and initiate the credit card application process.
This can be done by providing essential details like your name, email ID, contact number, income, and address.
Step 2:
Expect a call from a bank representative who will guide you through the application procedure.
Step 3:
A bank representative will visit your location to collect the required documents.
Steps for Offline NRI Credit Card Application
Step 1:
Visit the bank’s nearest branch and inquire about the available NRI credit card options.
Step 2:
A bank representative will assist you in choosing a card that aligns with your requirements.
Step 3:
Fill out the application form and submit the necessary documents.
To apply for any NRI credit card, you will typically need to provide KYC documents (including PAN, address proof, and ID proof), a photograph, and a salary slip or Form 16. Additional documents may be required based on the bank’s specific criteria.
When selecting the right credit card as a Non-Resident Indian (NRI), the abundance of options can be overwhelming.
Key Considerations
Here are key factors to help you make an informed decision:
– Determine whether you prefer lifestyle rewards, travel benefits, or cashback incentives.
– Explore the various perks and benefits that align with your preferences and spending patterns.
– This will enhance your travel experience or provide savings through local cashback offers.
– Pay close attention to the interest rate, especially if you carry a balance on your card.
– Ensure you are comfortable with the interest rate terms, which can significantly impact your finances.
– Be aware that most NRI credit cards come with annual or joining fees, although these fees are often waived with sufficient spending.
– Take note of additional charges, such as processing, ATM withdrawal, and overseas transaction fees.
– Most fees are typically outlined in the terms and conditions, so review them carefully.
– Since international transactions may be a part of your spending as an NRI, evaluate the impact of currency conversion on your expenses.
– Many cards apply a currency conversion markup, which deducts a portion of each transaction when converted to your home currency.
Now, let us look at some of the best NRI credit cards available.
Standard Chartered Priority Visa Infinite
Below are the exclusive benefits and features of the Standard Chartered Priority Visa Infinite Credit Card.
Complimentary for Priority Clients
The benefits of the Priority Visa Infinite credit card come at no cost for our Priority Banking customers.
Unique Rewards Program
You can earn five reward points if you spend Rs. 150 on international transactions or retail fashion.
Gain 2x reward points for all other expenditures.
Airport Lounge Access
Revel in the luxury of four complimentary visits to domestic airport lounges every quarter, courtesy of your credit card.
Priority Pass Membership
Access international airport lounges globally at a nominal fee with your Priority Pass membership.
Complimentary Overseas Insurance
Safeguard yourself with complimentary overseas air accident coverage worth INR 1 Crore and medical insurance valued at USD 25,000.
Fees
This credit card has no joining or annual charges (as listed on the website), and the APR is 45% (3.75% per month).
ATM withdrawals cost around Rs. 100 to Rs. 800 based on the outstanding balance.
SBI Card Elite
Below are some of the exclusive benefits and features of the SBI Card Elite.
Welcome Gift
This card offers a generous e-gift Voucher valued at Rs. 5,000 as a welcome benefit.
Choose from a selection of travel and lifestyle brands, including:
⁃ Yatra
⁃ Hush Puppies
⁃ Bata
⁃ Pantaloons
⁃ Aditya Birla Fashion
⁃ Shoppers Stop
Complimentary Movie Tickets
Enjoy Free Movie Tickets worth Rs. 6,000 annually.
This offer is valid for at least two tickets per booking per month, with a maximum discount of Rs. 250 per ticket for two tickets.
Convenience Fee may apply.
Milestone Privileges
Earn up to 50,000 Bonus Reward Points, equivalent to Rs. 12,500 annually.
Obtain 10,000 bonus Reward Points upon achieving annual spending milestones of Rs. three lakhs and four lakhs.
ELITE Rewards
Receive 5X Reward Points on Dining, Departmental store purchases, and Grocery spending.
Earn two Reward Points for every Rs. 100 spent on all other transactions, excluding fuel.
International Lounge Program
You can enjoy a complimentary membership to the Priority Pass Program valued at $99.
Receive six complimentary Airport Lounge visits per calendar year outside India (maximum of 2 visits per quarter).
Access over 1000 Airport Lounges worldwide.
Domestic Lounge Program
Benefit from 2 complimentary Domestic Airport Lounge visits every quarter in India.
You must use your SBI Card ELITE at the respective lounges to avail of this offer.
Club Vistara Membership
Delight in a complimentary Club Vistara Silver membership.
Receive one complimentary upgrade voucher. You can also earn 9 Club Vistara Points if you spend Rs. 100 on Vistara flights.
Trident Privilege Membership
Enjoy a complimentary Trident Privilege Red Tier membership.
Receive an exclusive 1,000 Welcome Points upon registration.
Get 1,500 Bonus Points on your first stay and an additional Rs. 1,000 hotel credit for extended night stays.
Lowest Forex Markup
Experience the privilege of the lowest Foreign Currency Mark-up Charge, at just 1.99% on International usage.
You can earn 2 Reward Points if you spend Rs. 100 on International transactions.
Exclusive Concierge Service
Access dedicated assistance for Flower Delivery, Gift Delivery, and Online Doctor Consultation.
Fees
Annual Fee: Rs. 4,999 + Taxes
Renewal Fee: Rs. 4,999 + Taxes (per year)
American Express Platinum Travel
The exclusive benefits and features of the American Express Platinum Travel Credit Card are given below.
Welcome Offer
Receive a Welcome Gift of 10,000 Membership Rewards points.
You can redeem for either a Flipkart voucher or utilize it through the Pay with Points option in Amex Travel Online, valued at Rs. 3,000.
This offer has been effective since January 22, 2021.
Reward Earn Rate
You can earn 1 Membership Rewards® Point for every Rs. 50 spent.
This excludes transactions related to Fuel, Insurance, Utilities, Cash Transactions, and EMI conversions at the Point of Sale.
Travel Vouchers
Spend Rs. 1.90 Lacs within a Cardmembership year to receive a Flipkart voucher or Travel benefits valued at Rs. 4,500.
This offer has been effective since January 22, 2021.
Additional Travel Vouchers
By spending Rs. 4 Lacs in a Cardmembership year, you can also earn an additional Flipkart voucher or Travel benefits worth Rs. 7,500.
This offer has been effective since January 22, 2021.
Airport Lounge Access
Enjoy eight complimentary visits per year to airport lounges across India, with a limit of two complimentary visits per quarter.
Taj Experiences E-Gift Card
Receive a Taj Experiences E-Gift Card valued at Rs. 10,000, valid for use at the Taj, SeleQtions, and Vivanta Hotels.
Fees
First Year Fee: Rs. 3,500 plus applicable taxes
Second Year Onwards: Rs. 5,000 plus applicable taxes
HDFC Moneyback Card
The exclusive benefits and features of the HDFC Moneyback Card are provided below.
Earning Reward Points
Acquire 2 Reward Points for every Rs. 150 spent, except for fuel transactions, wallet loads, prepaid card loads, and voucher purchases.
Earn 2X Reward Points, which equals 4 Reward Points for every Rs. 150 spent online.
Receive a gift voucher worth Rs. 500 every quarter for spends totaling Rs. 50,000.
You can accumulate up to Rs. 2,000 in gift vouchers annually.
(Starting from July 15, 2020, customers can earn a maximum of 500 Reward Points per statement cycle for online spending under the 2X RP feature.)
As of January 1, 2023, Reward Points will not be earned for rent payments and government-related transactions.
Also, effective from January 1, 2023, points on grocery transactions will be capped at 1,000 monthly reward points.
Zero Lost Card Liability
In the unfortunate event of losing your card, you are not liable for fraudulent transactions when immediately reported.
Interest-Free Credit Period
Enjoy an interest-free period of up to 50 days from the date of purchase.
This is subject to the submission of the charge by the Merchant.
Exclusive Dining Privileges
Delight in exceptional dining benefits with the Good Food Trail program.
Receive up to 20% savings on all your restaurant bill payments via Swiggy Dineout (20k + restaurants).
This offer includes Restaurant and Swiggy Discount, valid only for payments made via the Swiggy App.
Fuel Surcharge Waiver
You get a 1% fuel surcharge waiver on fuel transactions.
The minimum transaction is ₹400, the maximum transaction is ₹5,000, and the complete waiver of ₹250 per statement cycle.
Welcome Benefit
Receive 500 Cash Points (applicable only upon membership fee payment).
Annual Spend-based Benefit
If you spend ₹50,000 and above each calendar quarter, you receive ₹500 gift coupons.
Renewal Offer
Spend ₹50,000 and above in the first year and have the renewal membership fee waived.
Smart EMI
The HDFC Bank MoneyBack Credit Card converts significant expenses into EMIs after purchase.
Reward Points Accrual
Reward Points accumulated on the HDFC Bank MoneyBack Credit Card can be redeemed against your statement balance at 1 RP = ₹0.20.
To redeem against the statement balance, Cardholders must have a minimum of 2,500 Reward Points.
Fees
Joining Fee/Annual Fee: Rs. 500/- + Applicable Taxes
The fees and interest rates are subject to change; therefore, it is better to check the bank’s website for details.
HDFC Bank Regalia Gold
The HDFC Bank Regalia Gold Credit Card provides the following benefits and features.
Welcome Benefits
You can receive a complimentary Club Vistara Silver Tier and MMT Black Elite membership.
Obtain vouchers worth ₹1,500 upon quarterly spending of ₹1.5 lakh.
Earn flight vouchers valued at ₹5,000 for annual spends of ₹5 lakh, with an additional coupon of ₹5,000 for spends of ₹7.5 lakhs.
Earn 5X Reward Points on purchases at Marks & Spencer, Myntra, Nykaa & Reliance Digital.
Enjoy complimentary lounge access at over 1,000 airports.
4 Reward Points for every Rs. 150 on retail purchases.
Additional Features
Zero Lost Card Liability
You won’t be held responsible for fraudulent transactions if you lose your HDFC Bank Regalia Gold Credit Card.
Foreign Currency Markup
A 2% charge is applied to all foreign currency expenditures.
Revolving Credit
Benefit from Revolving Credit on your HDFC Bank Regalia Gold Credit Card at a nominal interest rate.
Concierge
Access exclusive 24/7 Concierge Services by calling toll-free at 1860 425 1188 (India) or emailing regaliagold.support@smartbuyoffers.co.
Lounge Access
Enjoy 12 complimentary visits within India (domestic and international terminals) using the HDFC Bank Regalia Gold Credit Card.
Simply swipe your card at the lounge to access it.
Priority Pass
Utilize Priority Pass to avail yourself of up to 6 Complimentary Lounge Access visits per calendar year outside India.
This is available for both yourself as well as add-on members.
You get access to a priority pass for yourself and add-on members after completing a minimum of 4 retail transactions on your card.
Exceeding the 6 Complimentary visits will result in a charge of US $27 + GST per visit.
Using your Priority Pass for lounge access within India will also be charged US $27 + GST per visit.
Please note that Priority Pass usage in India incurs charges to your Credit Card.
Visit www.prioritypass.com for a complete list of lounge details.
Welcome Benefit
Pay the Joining Membership Fee and receive a Gift Voucher equivalent to the Fee Amount of Rs. 2,500.
Complimentary Club Vistara Silver Tier and MMT Black Elite Membership
Earn these memberships when you spend Rs. 1 lakh and above within 90 days of card issuance.
Good Food Trail Program
Enjoy dining benefits with the Good Food Trail program.
Save up to 20% on all restaurant bill payments via Swiggy Dineout (20k+ restaurants).
This offer covers Restaurant and Swiggy Discounts and is valid only for payments made via the Swiggy App.
Milestone Benefit
Obtain ₹1,500 vouchers from Marriott, Myntra, Marks & Spencer, or Reliance Digital when you spend Rs. 1.5 lakhs in every calendar quarter.
Earn ₹5,000 flight vouchers when you spend Rs. 5 lakhs in an anniversary year.
Get an additional ₹5,000 worth of flight vouchers when you spend Rs. 7.5 lakhs in an anniversary year.
Annual Spend-based Benefit
Spend Rs. 4 lakhs in an anniversary year (12 billing cycles) to have the Renewal Fee waived for the next renewal year.
Terms & Conditions Apply.
Smart EMI
The HDFC Bank Regalia Gold Credit Card allows you to convert significant expenses into EMIs after purchase.
Other Features
Accidental air death cover worth INR 1 Crore is offered with this card.
Emergency overseas hospitalization coverage of up to Rs. 15 lakhs.
A credit liability cover of up to Rs. 9 Lakhs.
Earn four reward points for every Rs. 150 spent on retail purchases, including Insurance, Utilities, and Education.
Earn 20 Reward Points for every Rs. 150 spent on retail purchases at Marks & Spencer, Myntra, Reliance Digital, and Nykaa.
Redeem your points on Smartbuy or Netbanking.
Reward Points can be redeemed for:
⁃ Exclusive Gold Catalogue on select Premium Brands via Smartbuy at 1 RP = Rs 0.65.
⁃ Flights and hotel bookings via Smartbuy at 1 RP = Rs. 0.5.
⁃ Airmiles conversion through Netbanking or SmartBuy at 1 RP = up to 0.5 air miles.
⁃ Products and Vouchers via Netbanking or SmartBuy at a value of 1 RP = up to Rs. 0.35.
⁃ Redemption against the statement balance at the rate of 1 RP = Rs. 0.20.
Fees
Joining Fees/Renewal Fees: Rs. 2,500 + Taxes
The fees and interest rates are subject to change; therefore, it is better to check the bank’s website for details.
HDFC Bank Diners Club Black
Below are some of the features and benefits the HDFC Bank Diners Club Black card offers.
You get complimentary annual memberships of Club Marriott, Forbes, Amazon Prime, Swiggy One (3 months), and MMT BLACK.
You can get these by spending 1.5 lakhs within the first 90 days or upon paying the first-year fee on card
Additionally, you get complimentary Ola cabs, cult.fit Live, BookMyShow, and TataCliQ vouchers when you spend over Rs. 80,000 monthly.
5 Reward Points for every INR 150 spent.
Gain up to 10X Rewards Points via SmartBuy and 2X on weekend dining.
Enjoy complimentary golf at the finest courses globally, with six games per quarter.
Additional Features
Access travel benefits for booking flight tickets and hotels across 150+ airlines and hotels (Domestic and international) at https://offers.smartbuy.hdfcbank.com/diners.
Exclusive discounts are available at spas, salons, gyms, and wellness retreats.
2X Reward Points on weekend dining.
Benefit from an interest-free credit period of up to 50 days from the date of purchase (subject to charge submission by the Merchant).
Credit liability cover of Rs. 9 lakh.
Foreign currency markup of 2% on all foreign currency spends.
Revolving credit is available at a nominal interest rate.
Enjoy exclusive 24/7 Concierge Services on your HDFC Bank Diners Club Black Credit Card.
Unlimited airport lounge access with 1000+ lounges in India as well as other countries (for primary and add-on card members).
Avail of a 1% fuel surcharge waiver at all fuel stations across India (on a minimum transaction of ₹400, with a maximum cashback of ₹1000 per statement cycle).
The HDFC Bank Diners Club Black Credit Card allows you to convert significant expenses into EMI after purchase.
Air accident insurance cover worth INR 2 crore.
Emergency overseas hospitalization coverage of Rs. 50 lakhs.
Travel insurance covering up to INR 55,000 is available on baggage delay (capped at $10 per hour, restricted to 8 hours).
Redeem reward points for flight tickets and hotels across airlines and hotels (Domestic and international) at https://offers.smartbuy.hdfcbank.com/diners (1 Reward Point = 1 Rupee).
Redeem Reward Points for AirMiles across InterMiles, Singapore Airlines (KrisFlyer Miles), Club Vistara (1 Reward Point = 1 Airmile).
Please complete frequent flyer registration before attempting Airmiles redemption in Net Banking.
Redeem Reward Points on an exclusive HDFC Bank Diners Club Black Credit Cards redemption catalog.
For flight and hotel bookings, card members can redeem up to 70% of the booking value through Reward Points.
The rest must be paid via Credit Card.
Fees
This card’s joining fees and renewal fees are incredibly high, set at Rs. 10,000 + Taxes.
If you spend Rs. 5 lakhs within 12 months, the renewal fees in the following year are waived.
Bottom Line
Disclaimer
You should note that the article is strictly provided for informational purposes and should be treated that way.
I am not affiliated with any of these credit cards, and neither do I endorse them.
You have come to the right place if you require investment or wealth management services targeted at expats.
I’ve covered some of the best NRI credit cards in this article and intend to cover some more in another article.
I concentrate on providing best-in-class financial solutions to my clients so that they can achieve financial freedom.
That being said, I strongly hope the information provided in this article was helpful.
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