Points redemption on HDFC business Regalia credit card

[Jeet2]

I have around 12 k points expiring within a month on my Hdfc Business Regalia Credit Cards.

Asking since i have never redeemed any points yet!

What’s the best use case of these points?

Vouchers?
Statement credit? ( preferred)

Also are there any charges associated with redemption?

 

[ChinmayG]

You can redeem your Reward Points on Smartbuy or Netbanking. Reward Points can be redeemed for:

• Exclusive Gold Catalogue on select Premium brands via Smartbuy at a value of 1 RP = Rs 0.65
• Flights and hotel bookings via Smartbuy at a value of 1 RP = Rs 0.5
• Airmiles conversion through Netbanking or SmartBuy at a value of 1RP = upto 0.5 airmiles
• Products and Vouchers via Netbanking or SmartBuy at a value of 1 RP = upto Rs 0.35
• The redemption against the statement balance will be at the rate of 1 RP = Rs 0.20

The bank charges a reward redemption fee of Rs. 99 from its customers. However, this fee will not be applicable if you want to redeem your reward points as cashback.

 

[ChinmayG]

You can redeem your Reward Points on Smartbuy or Netbanking. Reward Points can be redeemed for:

• Exclusive Gold Catalogue on select Premium brands via Smartbuy at a value of 1 RP = Rs 0.65
• Flights and hotel bookings via Smartbuy at a value of 1 RP = Rs 0.5
• Airmiles conversion through Netbanking or SmartBuy at a value of 1RP = upto 0.5 airmiles
• Products and Vouchers via Netbanking or SmartBuy at a value of 1 RP = upto Rs 0.35
• The redemption against the statement balance will be at the rate of 1 RP = Rs 0.20

The bank charges a reward redemption fee of Rs. 99 from its customers. However, this fee will not be applicable if you want to redeem your reward points as cashback.