Investment for HDFC Regalia Gold Credit Card

[lakshay]

Hi,
I currently hold HDFC moneyback LTF (not moneyback+) since 8 years which I got when I opened my salary account. Now I wanted to upgrade to Regalia Gold but it shows no offer. My RM told that I meet the salary criteria but not spend criteria which is 3L in last 6 months (This is because I use my axis ace for almost all my spends) but I can get it as LTF if I make some investment of 1.5L in some wierd insurance policy. I dont want that policy at all, but without that the RM is not budging at all.

I wanted to know is this a usual or fair ask or I can do something about it?

Also can someone recommend a similar card to Regalia Gold. My usual spends are in utility, department store, blinkit, amazon, offline shopping, domestic travel, ott, fuel.
Currently I hold:
HDFC Moneyback LTF
Axis Ace
Axis Rewards(converted from citi)
IDFC first select LTF
CSB edge LTF Rupay (jupiter)

 

[TaxWiser]

Hi,
I currently hold HDFC moneyback LTF (not moneyback+) since 8 years which I got when I opened my salary account. Now I wanted to upgrade to Regalia Gold but it shows no offer. My RM told that I meet the salary criteria but not spend criteria which is 3L in last 6 months (This is because I use my axis ace for almost all my spends) but I can get it as LTF if I make some investment of 1.5L in some wierd insurance policy. I dont want that policy at all, but without that the RM is not budging at all.

I wanted to know is this a usual or fair ask or I can do something about it?

Also can someone recommend a similar card to Regalia Gold. My usual spends are in utility, department store, blinkit, amazon, offline shopping, domestic travel, ott, fuel.
Currently I hold:
HDFC Moneyback LTF
Axis Ace
Axis Rewards(converted from citi)
IDFC first select LTF
CSB edge LTF Rupay (jupiter)

Investing in FDs will make more sense instead of Insurance(mostly ULIPS) for getting a credit card.
Reverify the same info via HDFC customer care both via Call or mail
As per my knowledge, insurance offered by bank executive are SCAMs

Given your spending habits, here are some alternative credit cards that offer similar benefits to the HDFC Regalia Gold:

• SBI Card ELITE
• Axis Bank Magnus Credit Card
• ICICI Bank Sapphiro Credit Card
• American Express Membership Rewards Credit Card

You already have a good mix of cards:

• HDFC MoneyBack LTF: Basic rewards on all spends.
• Axis Ace: Great for cashback on utility and bill payments.
• Axis Rewards: Good for general spending.
• IDFC First Select LTF: Offers rewards on all spends.
• CSB Edge LTF Rupay: Basic rewards and benefits.

If you can leverage the strengths of each card, you might not need an upgrade immediately. However, if you still prefer the benefits of a premium card like Regalia Gold, consider the alternatives mentioned above.