HDFC Regalia vs SBI Elite Credit Card

Last updated: 2026-04-20· By PointsWallah Editorial

Our Verdict

The Regalia gives a consistent 4x on everything. The SBI Elite gives 5x on dining/grocery/departmental stores but only 2x on everything else. If 60%+ of your spending is on dining and groceries, the SBI Elite earns more points. If your spending is more varied (online shopping, travel, bills), the Regalia's flat 4x wins decisively. The Regalia also has a cheaper fee (2,500 vs 4,999) and easier waiver (3L vs 10L). For most people with varied spending patterns, the Regalia is the better card. The SBI Elite only wins for heavy dining/grocery spenders.

FeatureHDFC RegaliaSBI Elite Credit Card
BankHDFC BankSBI Card
NetworkVisaVisa
Annual Fee₹2,500₹4,999
Fee WaiverSpend 3L in a yearSpend 10L in a year for 5,000 bonus points (effectively offsets fee)
Income Required12L/year12L/year
Base Reward Rate4 Points/₹1002 Points/₹100
Lounge Access12 domestic, 6 intlunlimited domestic, 6 intl
Fuel Surcharge WaiverYesYes

Reward Rates Compared

HDFC Regalia

HDFC Reward Points

  • All spends4x
  • SmartBuy portal10x
Caps: Max 15,000 points/month via SmartBuy

SBI Elite Credit Card

SBI Reward Points

  • Dining5x
  • Grocery5x
  • Departmental stores5x
  • All other spends2x

Our Analysis

HDFC Regalia

The Regalia is arguably the best value-for-money premium card in India. The 2,500 annual fee is easily waived at 3L annual spend (25K/month — most working professionals hit this). You get 4x on everything, which isn't far behind the Infinia's 5x, but at a fraction of the income requirement. The 10x SmartBuy rate is identical to Infinia. Where it loses out is lounge access (capped at 12+6 vs unlimited) and the slightly lower base earn rate. For anyone earning 12-30L, this is THE card to get before you can graduate to Infinia.

SBI Elite Credit Card

The SBI Elite is a strong card if your spending aligns with its accelerated categories (dining + groceries). At 5x on these categories, someone spending 20K/month on food and groceries earns 1,000 points/month on these categories alone. The unlimited domestic lounge access is a genuine premium perk at this price point. Where it falls short: the 2x base rate means non-category spends earn poorly, and the 10L milestone for fee offset is unrealistic for most cardholders. Compare this honestly with HDFC Regalia's 4x on everything — for most people, a flat 4x beats a 5x on two categories + 2x on everything else.

Pros & Cons

HDFC Regalia

Pros

  • + 4 reward points per 100 on all spends — strong flat rate
  • + 10x on SmartBuy — great for flight bookings
  • + 12 domestic + 6 international lounge visits
  • + Low fee with easy 3L waiver threshold

Cons

  • - Lounge visits are capped unlike Infinia's unlimited
  • - Points per 100 slightly lower than Infinia's 5x
  • - Reward point redemption value varies — catalog items give poor value

SBI Elite Credit Card

Pros

  • + 5x on dining, grocery, and departmental stores — great for daily spends
  • + Unlimited domestic lounge access
  • + 6 international lounge visits
  • + Club Vistara Silver membership (complimentary upgrade, priority boarding) — note: Vistara merged into Air India in late 2024; this benefit is transitioning to Air India's Flying Returns programme

Cons

  • - 2x base rate on non-category spends is low for a 5K fee card
  • - 10L spend required to offset annual fee through milestone — very high
  • - SBI reward point redemption options are limited compared to HDFC
  • - Category benefits have caps that aren't always clearly communicated

Who Should Pick What?

Pick HDFC Regalia if you:

  • varied spending patterns
  • lower fee
  • easier fee waiver
  • smartbuy users

Pick SBI Elite Credit Card if you:

  • heavy dining spenders
  • heavy grocery spenders
  • sbi banking customers

Frequently Asked Questions

Is HDFC Regalia better than SBI Elite Credit Card?

The Regalia gives a consistent 4x on everything. The SBI Elite gives 5x on dining/grocery/departmental stores but only 2x on everything else. If 60%+ of your spending is on dining and groceries, the SBI Elite earns more points. If your spending is more varied (online shopping, travel, bills), the Regalia's flat 4x wins decisively. The Regalia also has a cheaper fee (2,500 vs 4,999) and easier waiver (3L vs 10L). For most people with varied spending patterns, the Regalia is the better card. The SBI Elite only wins for heavy dining/grocery spenders.

What is the annual fee difference between HDFC Regalia and SBI Elite Credit Card?

HDFC Regalia has an annual fee of ₹2,500 (waiver: Spend 3L in a year). SBI Elite Credit Card has an annual fee of ₹4,999 (waiver: Spend 10L in a year for 5,000 bonus points (effectively offsets fee)).

Which card has better lounge access — HDFC Regalia or SBI Elite Credit Card?

HDFC Regalia offers 12 domestic and 6 international visits. SBI Elite Credit Card offers unlimited domestic and 6 international visits.

Disclaimer:This comparison is for informational purposes only and does not constitute financial advice. Card features, fees, and reward structures may change without notice. Please verify all details on the respective bank's website before applying. We may earn a commission if you apply through our links — this does not affect our editorial recommendations.