Head-to-head · 🇮🇳 India

SBI Cashback vs HDFC Regalia

Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.

IN
SBI Card
SBI Cashback
VISA
Wins 7 of 10
IN
HDFC Bank
HDFC Regalia
VISA
Wins 2 of 10
Verdict

SBI Cashback wins 7-2. Pure online cashback — 5% on any online merchant, no partner restrictions. HDFC Regalia is still the right call if mid-tier travel without the regalia gold price tag..

Side-by-side

CriterionSBI CashbackHDFC Regalia
Annual fee
₹999
·
₹2,500
Joining fee
₹999
·
₹2,500
Top reward rate
5% (shopping)
·
2.7% (general)
Base reward rate
·
1%
2.7%
Forex markup
·
3.5%
2%
Welcome bonus
=
Cashback offsets joining fee on first ₹999+ spend
=
2,500 reward points on first 90-day spend
Fee waiver threshold
₹200,000 / yr
·
₹300,000 / yr
Min income
₹360,000
·
₹1,200,000
Min credit score
750
·
770
Editorial rating
4.6/5
·
4.3/5

Benefits compared

SBI Cashback

  • 5% cashback on ALL online spends (not just listed merchants) — capped ₹5,000/month
  • 1% cashback on offline spends
  • Auto-credited within 2 days of statement
  • 1% fuel surcharge waiver

HDFC Regalia

  • 4 reward points per ₹150
  • 12 domestic + 6 international lounge visits/year
  • Low forex markup 2%
  • Buy-1-get-1 BookMyShow tickets
  • Milestone reward points at ₹1L, ₹5L

FAQ

SBI Cashback vs HDFC Regalia: which is better?

SBI Cashback wins on more dimensions (7 vs 2). But the right answer depends on your specific spending pattern — see the calculator below.

Can I get both?

Yes — if your credit profile supports it, holding both is the optimal play. Use SBI Cashback for online shopping, HDFC Regalia for its best categories. Just watch the combined annual fees against your spend.

Which one has the better welcome bonus?

SBI Cashback: Cashback offsets joining fee on first ₹999+ spend. HDFC Regalia: 2,500 reward points on first 90-day spend.