HDFC Regalia vs American Express Membership Rewards Review| Which one is a better credit card?
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HDFC Regalia or American Express Membership Rewards?
Both credit cards fall under the premium category. You pay a handsome joining fee for both of these cards. So, it becomes crucial for you to pick the right credit card. Check out our video for a thorough analysis of both cards.
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Amex MR card is the best in terms of value it returns also the support that amex provides is top notch with absolutely 100% resolution.
Absolutely agree.
Amex MR me toh lounge access bhi nahi hai 🥺
i have been using credit cards since last 10+ years. Never opted for cards with annual fee.
What if tomorrow Amex decides to downgrade reward points..
thumb rule , never go for annual fee cards.
@@CardAcademy lagata he ki Amex card aapke personal favourite hai 🌝
@@commonengineer123 Thats your perspective . All banks have paid cards. If this doesnt suits you then it doesn’t mean its useless card
There is no need to pay 4.5 K as annual fee on MRCC. The card is available for just 1.50 K annual fee if applied through referral link.
Yes, if you know someone who can refer you then you can get the annual fee waived as per the ongoing referral offer.
No need to know anyone. People share their referral link on their TH-cam channels.
@@amitabhmaheshwari hello can you share the referral link?
@@deb_the_mastermind if you still need the referral link, let me know?
Reward Multiplier is a lot better on the gold card. There you get 5X points. In case of MRCC it is only 2X points. At the same time you get reward points on utility bill payments on gold card upto a limit, which you don’t get in MRCC.
Gold is for someone who spends a lot through Reward Multiplier. For most people we believe MRCC would be better.
@@CardAcademyGold signifies exclusivity. It gives great luxury options like access to hotel collection too. MRCC looks so dull in comparison.
@@amitabhmaheshwari Haha in terms of looks, Amex Gold is one of the best cards out there.
@@CardAcademyAmex Gold is in the same category of cards as platinum and centurion. Yes, there is vast difference in status but they all belong to the series of charge cards. Internationally the design is the same.
@@CardAcademyis it metal?
Thank you. I have HDFC Regalia (Lifetime free) and MRCC (referred, hence, 1500 per year, mostly gets waved off for me).
MRCC is much better. I use Regalia only when Amex is not accepted.
2000 points for MRCC are definitely much valuable when converted to Marriot or Hilton points. 0.9-1 conversion rate.
Moreover with Amex referral program continued now, you earn 8000 referral points. Really great!
What is best card for rent payments?
4 transaction Rs .1500/- ka Wallet load kore to 1000 rewards pont mile ga
Amex ki website me to likha hai ki agar 20k ke upar ka transaction hoga to automatically enroll ho jayega 1000 reward ke liye
Kya yeh sahi hai
Acceptability is another big issue in all Amex cards. Better to go with master card or visa, if you can lay your hands on premium cards.
True. Acceptability can be an issue with Amex. But Amex works great as a second card.
@@CardAcademy if it has to work as second card then why one should pay 4500 Fee + GST
i am sure GST will not get waived even if one meets spend targets.
so one still ends up paying 810 Rs as fee.
You're confusing fee waiver with fee reversal. Waived off means you don't have to pay fee + GST. Whereas reversal means that you've paid the fee + GST and then the fee amount is refunded, in such cases usually the GST amount is not refunded.
@@commonengineer123Everything is waived, waived means not levied in the first place. In that case even GST is not levied.
What would be the cheapest credit card to avail unlimited lounge access across the globe?
Bhai, if you travel worldwide so much, aren’t you making enough money to afford card fees?
AMEX mrcc Vs sbi cashback card ka comparison video banao....urgent
Hi i work in amex there is no renewal benefit on MRCC
There is renewal benefit for the first year. If you pay full fee of ₹ 4500 then you get 5000 points. But this is only given on first renewal. No benefits thereafter.
What is the difference between grab deals and gift edge in axis bank cards ?
Gift edge is their instant vouchers platform whereas Grab deals is their affiliate platform akin to SmartBuy of HDFC.
@@CardAcademyNot clear. In Smartbuy too you can buy vouchers just like gift edge.
@@amitabhmaheshwari As in they have branded instant vouchers as gift edge. The other part of Smartbuy that is the affiliate business is what grab deals is.
Amex MRCC gives great value only if you spend in a particular pattern. If you have cards like infibia, DCB or axis Magnus, then MRCC is not that great, especially when wallet uploads through credit cards have become costly. At the same time, there is no concierge access, no lounge access, no golf, no book my show offers on MRCC.
For someone who has Magnus, DCB etc, MRCC would not make any sense.
@CardAcademy That is incorrect. Even with DCB, MRCC still makes sense for payments where you can't use voucher or voucher from smartbuy and amex gyftr has 2x extra rewards. Do the math, for 1.5k×4 payments per month for both card and see the difference in return.
Hello @Card Academy, I have 162500 points in Regalia card. What would be the best way to get maximum benefits of this points?
Best way would be to redeem them for flights/hotels on Smartbuy platform.
I am getting HDFC Regalia credit card with 3 lakh approved limit so should i get regalia or this MRCC card? or hdfc dinners privilage card with same limit both hdfc credit card are LTF for me which card should i get
Hi Niraj,
We wish to inform you that application for credit card will be considered in line with the bank's internal credit policy (which is based on a combination of financial and related criteria and/or statistically determined scores to assess credit eligibility) and operating/credit processes (which include a combination of verifications, credit bureau reports and document verifications). We request you to visit the below link to apply for HDFC Bank credit card. leads.hdfcbank.com/applications/new_webforms/apply/credit-card/Index.aspx?promo=P4_hp_Expando_HNET5915_CC&_ga=2.101515521.1808608554.1517828162-1922673401.1513759867 -Varun, Service Manager
Amex without a doubt, better rewards & redemptions, additional points and MRCC at 65% discount for life after First year free on using my referral, let me know if you want
If you travel more get regalia as it gives lounge benefits and reward points can be used to book flights and hotels. One added benefit is upgrade to Infinia though that is not certain. If you don’t travel much go for MRCC.
HDFC Regalia should rename itself as HDFC Chudaalia. 😂
Haha
Please do a comparison on Amex MRCC and Amex Platinum Travel and who should use the respective cards.
Sure. We will do that soon.
Acceptability is a big issue with amex card...sply in class b/c town
I already have an lifetime free regalia card, should I apply for this card ?
Did you get Regalia Card life time free in some offer or do you have bank account with HDFC?
Yes, if you are looking for a new card and wish to get good returns you should apply for MRCC. But also please go through more of our videos to make the right choice.
Yes go for amex without a doubt, better rewards & redemptions, additional points and MRCC at 65% discount for life after First year free on using my referral, let me know if you want
@@commonengineer123 I do have an account since last 7 years, it’s even my current salary account
They were giving Life Time Free CC sometime back. Not sure if the offer is still there. I do not have any relationship with HDFC still I got the LTF regalia card.
Hi, Can you suggest any better credit card apart from regalia for International loungue access for both Primary and Add-on members.
I have never face any acceptable issue in Ahmedabad Gujarat I use this card last 2 months even all petrol pumps also accepted Amex card easily Amex Mrcc is really good card and costomer service is great 👍
I think Amex has a tie up with HP coz I keep seeing most HP fuel pumps accept Amex and also seen a few advertisements for Amex a few months ago (some opt-in offer to get cashback on fuel spend).
Can we do 4 Amazon wallet loads each Rs 1500 with MRCC card to get the reward points.
Yes
I have Regalia First and MRCC, but i rarely use Regalia 🙏
Can we purchase 4 Amazon gift cards each Rs 1500 with MRCC card to get the reward points.. Is gift card purchase or Amazon wallet load counted for points calculation..
Yes you can. They are calculated.
Madam please compare HDFC regalia vs sbi Prime
Yes that will be a nail biting contest.
@@pallabbiswas2726 more like a one sided battle. SBI prime is nowhere close to regalia in rewards.
@@Fintechno Not at all. PRIME gives more variety of rewards however REGALIA is way ahead in LOUNGE FACILITIES.
Sbi aurum ka batao
Big fan ma’am ❤
Kuch Middle class logo ke credit card ke videos bhi karo. Yeh sab HNI k cards he
12 lakh annual salary is not HNI :)
These cards are not for HNIs. These cards are for people with annual salary of 8 lakh+. We have done a lot of videos which are entry level. Please check the channel.
@@commonengineer123You don’t need to. Fee would be waived if spends are 1.50 L ands halved if spends are just 90K. In fact the fee can be reduced to 1.5 K if you apply through referral link.
It is very common to have multiple cards hence though 1.5/2 lacs spends seems reasonable, it is not possible to achieve every time.
My thumb rule is go for Life time free card over such premium cards
I am still waiting for @cardacademy to upload videos on IDFC Credit Card which are life time free and providing good benefits
@@ashwani1305 HNIs hi credit cards annual fee pay karke lete he.. Middle class to life time free wale option hi dekhta hain