Best option to redeem the reward points accumulated for HDFC regalia first credit card

flight hotel bookings give the best value. 

Reward Points can be redeemed for:

• Flights and hotel bookings via Smartbuy at a value of 1 RP = Rs 0.5
• Airmiles conversion through netbanking at a value of 1RP = 0.5 airmile
• Products and Vouchers via Netbanking or SmartBuy at a value of 1 RP = upto Rs 0.35
• Cashback at a value of 1 RP = Rs 0.20

karandutta wrote:

flight hotel bookings give the best value. 

Reward Points can be redeemed for:

• Flights and hotel bookings via Smartbuy at a value of 1 RP = Rs 0.5
• Airmiles conversion through netbanking at a value of 1RP = 0.5 airmile
• Products and Vouchers via Netbanking or SmartBuy at a value of 1 RP = upto Rs 0.35
• Cashback at a value of 1 RP = Rs 0.20

kingfish wrote:
Is it better to convert to intermiles and then convert to gift vouchers like amazon..etc

I misread it as Regalia. For regalia first - check the page here . https://www.hdfcbank.com/personal/pay/cards/cre...

• Flights and hotel bookings via Smartbuy at a value of 1 RP = Rs 0.30
• Airmiles conversion through netbanking at a value of 1RP = 0.3 airmile
• Products and Vouchers via Netbanking or SmartBuy at a value of 1 RP = upto Rs 0.25
• Cashback at a value of 1 RP = Rs 0.15​​​​​​​

For Flight and hotel bookings Regalia First Credit card members can redeem up to maximum of 70% of booking value through Reward Points.Rest will have to be paid via Credit Card.

So cashback to statement is just 15% according to their site.. Vouchers will be upto 25%