HDFC Bank Regalia First Credit Card Visa vs Yes Bank Select Credit Card: Which is Better in 2026?
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The HDFC Bank Regalia First Credit Card Visa and the Yes Bank Select Credit Card cater to different user preferences with distinct fee structures, reward schemes, and travel benefits. While HDFC Regalia First focuses on higher reward points on utilities and milestone bonuses, Yes Bank Select offers better forex rates and quarterly domestic lounge access. Both cards have their unique strengths depending on your spending habits and travel needs.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
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| Feature | HDFC Bank Regalia First Credit Card Visa | Yes Bank Select Credit Card |
|---|---|---|
| Bank | HDFC Bank | Yes Bank |
| Network | Visa | MasterCard |
| Joining fee | Joining Fee of Rs.1000 | Joining Fee of Rs.499 |
| Annual / renewal fee | Renewal Fee of Rs.1000 | Renewal Fee of Rs.499 |
| Annual fee waiver | Spend Rs.1 Lakh For Renewal Fee Waiver | Spend Rs.10000 For Joining Fee Waiver |
| Reward rate (headline) | Earn 4 Rewards Points For Every Rs.150 | 8 Reward Points on Every Rs.200 For Online Shopping |
| Lounge — domestic | — | 1 Complimentary Airport Lounge Access Per Quarter |
| Welcome benefit | Welcome Benefit - Rs.1000 Reward Points | — |
| Milestone benefit | Earn 7500 Reward Points on Spend of Rs.6 Lakhs; Earn 5000 Reward Points on Spend of Rs.3 Lakhs | — |
| Foreign currency markup | 3.50% - Foreign Currency Transactions | 2.75% - Foreign Currency Transactions |
Which is better for rewards?
The HDFC Bank Regalia First Credit Card Visa offers a higher reward rate on utilities, education, and insurance spends with 4 reward points per Rs.150, along with milestone rewards at Rs.3 and Rs.6 lakh spends. It also provides multiple redemption options including travel and cashback. In contrast, the Yes Bank Select Credit Card rewards online shopping more generously with 8 points per Rs.200 but lacks milestone benefits and welcome rewards. Overall, HDFC Regalia First is more rewarding for diverse and high spends, especially on utilities, while Yes Bank Select suits focused online shoppers.
Which is better for travel?
Yes Bank Select Credit Card has an edge in travel benefits by offering 1 complimentary domestic airport lounge access per quarter, which the HDFC Regalia First card does not provide. Both cards offer reward point redemption for air miles, but Yes Bank’s lower forex markup of 2.75% compared to HDFC’s 3.5% makes it more cost-effective for frequent international transactions. However, HDFC Regalia First’s travel redemption options and milestone rewards add value for high spenders who travel frequently.
Which has lower effective cost?
Yes Bank Select Credit Card is more economical with a joining and renewal fee of Rs.499 each, and a relatively low waiver threshold of Rs.10,000 spend for joining fee waiver. HDFC Regalia First charges Rs.1000 for both joining and renewal, with a higher waiver threshold of Rs.1 lakh spend. For users conscious of fees and easier waiver conditions, Yes Bank Select is preferable, while HDFC’s higher fees may be justified by its richer rewards and milestone benefits for heavy spenders.
Forex Markup and International Usage
Yes Bank Select Credit Card offers a lower forex markup of 2.75% compared to HDFC Regalia First's 3.5%, making it more cost-effective for international transactions. This can be an important consideration for frequent travelers or online shoppers making foreign currency purchases.
Fee Waiver Complexity
The fee waiver requirement for Yes Bank Select is significantly lower at Rs.10,000 spend to waive the joining fee, whereas HDFC Regalia First requires Rs.1 lakh spend to waive the renewal fee. This makes Yes Bank Select more accessible for users with moderate spending.
Travel Lounge Access
Yes Bank Select provides 1 complimentary domestic airport lounge access per quarter, enhancing travel comfort for cardholders. HDFC Regalia First does not offer complimentary lounge access, which may be a drawback for frequent domestic travelers.
Who should pick HDFC Bank Regalia First Credit Card Visa?
Consider HDFC Bank Regalia First Credit Card Visa if you prioritize earning higher reward points on utilities, education, and insurance spends, and value milestone bonuses on high annual spends. It is suitable for users who can meet the higher fee waiver threshold and want flexible redemption options including travel and cashback.
Who should pick Yes Bank Select Credit Card?
Consider Yes Bank Select Credit Card if you seek a lower fee credit card with easier fee waiver conditions, better forex rates, and complimentary domestic airport lounge access. It is ideal for online shoppers and those who value quarterly lounge visits and golf-related benefits.
Frequently Asked Questions
HDFC Bank Regalia First Credit Card Visa charges Rs.1000 for both joining and renewal fees, while Yes Bank Select Credit Card charges Rs.499 for each.
HDFC Bank Regalia First Credit Card Visa offers 4 reward points for every Rs.150 spent on utilities and education, which is higher compared to Yes Bank Select's rewards structure.
Yes Bank Select Credit Card provides 1 complimentary domestic airport lounge access per quarter. HDFC Regalia First does not offer complimentary lounge access.
HDFC Bank Regalia First Credit Card Visa charges 3.5% on foreign currency transactions, whereas Yes Bank Select Credit Card charges a lower 2.75%.
HDFC Bank Regalia First Credit Card Visa offers milestone rewards of 5000 points on Rs.3 lakh spend and 7500 points on Rs.6 lakh spend annually. Yes Bank Select Credit Card does not have milestone benefits.
HDFC Regalia First waives the renewal fee if you spend Rs.1 lakh annually. Yes Bank Select waives the joining fee if you spend Rs.10,000.