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 programs, and travel benefits. HDFC's card offers higher reward points on a wider range of spends and milestone bonuses, while Yes Bank's card provides a lower joining fee and complimentary domestic lounge access. Both cards have fuel surcharge waivers but differ in forex markup fees and reward redemption options.
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 | 4 Reward Points on Every Rs.200 For Offline 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 more rewarding points system with 4 reward points for every Rs.150 spent across categories like insurance, utilities, and education, plus milestone bonuses on annual spends. In contrast, the Yes Bank Select Credit Card provides 4 reward points per Rs.200 on offline shopping and 8 points for online shopping but lacks milestone rewards and welcome benefits. Therefore, for users focused on maximizing reward points and milestone incentives, the HDFC card is more beneficial.
Which is better for travel?
Yes Bank Select Credit Card stands out for travel benefits by offering one complimentary domestic airport lounge access per quarter, which the HDFC Regalia First card does not provide. Both cards allow reward points redemption for travel, but Yes Bank's card also supports conversion to airline miles like Intermiles and Vistara CV points. However, neither card offers international lounge access. Thus, for frequent domestic travelers seeking lounge access and airline mile conversions, the Yes Bank card is preferable.
Which has lower effective cost?
The Yes Bank Select Credit Card has a lower joining and renewal fee of Rs.499 each, compared to Rs.1000 for the HDFC Regalia First card. Additionally, Yes Bank offers a joining fee waiver on spending Rs.10,000, which is easier to achieve than HDFC's renewal fee waiver requiring Rs.1 lakh spend. However, the HDFC card has a higher forex markup fee of 3.5% versus 2.75% for Yes Bank, making Yes Bank more cost-effective for foreign currency transactions. Overall, Yes Bank's card is more beginner-friendly and economical in fees.
Forex Markup Fees
Yes Bank Select Credit Card charges a lower forex markup fee of 2.75% compared to 3.5% on the HDFC Regalia First card, making it more cost-effective for foreign currency transactions.
Reward Redemption Flexibility
Both cards allow reward points redemption for travel, but Yes Bank's card additionally supports conversion to airline miles like Intermiles and Vistara CV points, offering more options for frequent flyers.
Fee Waiver Conditions
Yes Bank offers a joining fee waiver on a relatively low spend of Rs.10,000, whereas HDFC requires a higher spend of Rs.1 lakh annually to waive the renewal fee, impacting cost-effectiveness for lower spenders.
Who should pick HDFC Bank Regalia First Credit Card Visa?
Consider HDFC Bank Regalia First Credit Card Visa if you want a robust rewards program with higher points accrual across diverse spending categories and milestone bonuses. This card suits users who spend significantly and want to maximize reward points redemption value, especially for travel. It is also suitable if you prefer Visa network benefits and can meet the higher spend requirements for fee waivers.
Who should pick Yes Bank Select Credit Card?
Consider Yes Bank Select Credit Card if you prefer a lower joining and renewal fee with an easier waiver condition. It is ideal for frequent domestic travelers who value complimentary airport lounge access and want flexible reward redemption options including airline miles. This card is also suitable for users who want a MasterCard network and moderate rewards on both online and offline shopping.
Frequently Asked Questions
HDFC Bank Regalia First Credit Card Visa has a joining fee of Rs.1000, while Yes Bank Select Credit Card charges Rs.499.
Yes, both cards provide a 1% fuel surcharge waiver on fuel transactions.
Yes Bank Select Credit Card offers 1 complimentary domestic airport lounge access per quarter; HDFC Regalia First does not include lounge access benefits.
HDFC Regalia First Credit Card offers milestone rewards of 5000 and 7500 reward points on spends of Rs.3 lakhs and Rs.6 lakhs respectively. Yes Bank Select Credit Card does not have milestone rewards.
HDFC Regalia First Credit Card charges 3.5% on foreign currency transactions, whereas Yes Bank Select Credit Card charges 2.75%.
Yes, both cards allow redemption of reward points for travel. Additionally, Yes Bank Select Credit Card supports conversion of points to airline miles like Intermiles and Vistara CV points.