HDFC Allmiles Credit Card Devalued and other Changes

By | July 22, 2016

Recently i wrote an article about the HDFC Moneyback card devaluation which is a big news for the Moneyback credit card holders. Following that, HDFC Allmiles credit card also gets devalued bigtime along with introduction of some new premium card variants.

HDFC Allmiles Credit Card Benefits Devaluation:

New reward points structure:

While you can earn the same amount of reward points, value of reward points reduced too much and the current earning value dropped from 1.5% to 1% which means, if you you spend 1L on the card, you will get Rs.1000 value of reward points whereas it was Rs.1,500 in the past.

hdfc_allmiles_credit_card

HDFC Allmiles Credit Card

I have no idea while a premium card is getting devalued from lounge access and that too, all-miles is specifically designed for travelers and revoking such benefits is not a good idea. It looks like next to Moneyback card, Allmiles credit card has the next big # of users and HDFC doesnt want to loose a lot of money hence planned the point value reduction.

Apart from these changes, many of our readers have mentioned that HDFC isn’t issuing Priority Pass card since June. While i can see that the benefit is still there as per their website, i see that HDFC doesn’t want Allmiles card users to avail Priority pass easily for obvious reasons.

However, i can confirm that they still have 4 free access on Priority Pass as one of my friend recently used his PP card in 3 lounges and he’s not charged for the same.

New Cards: Regalia First & Doctors Regalia:

Following this, there is a new card called Regalia First & doctors regalia which i noticed recently on their new credit card application form(physical). This stands between Allmiles and regalia credit card and looks like devaluation wont happen on regalia as they may not issue Regalia easily but issue Regalia First instead which has less benefits.

So if you hold Allmiles card, it makes sense to upgrade it to Regalia First which has better benefits and point value. I’ll write about “Regalia First” in detail shortly.

These recent devaluations makes some sense to HDFC bank because they’re recently issuing all cards for Life Time Free and so they don’t make any money from annual card fees and hence they have to do something to make sure they don’t run business in loss. Hence the changes!

What do you think about the recent Allmiles devaluation? Share your views in comments below.

Author: Siddharth

I'm a Credit Card freak minting reward points and cashback for years. Obsessed with aviation, airport lounges and luxury travel at affordable cost.

45 thoughts on “HDFC Allmiles Credit Card Devalued and other Changes

  1. Prashant Agrawal

    HDFC follows a differential point table where the value of points varies according to which card you hold unlike others (like SC?) where the value of point is same across the card portfolio.

    At LittlePixi we cold-value each card to find the card ranking (a feature we are working on), and their points benefit amounts even lower to about Rs. 670 for every Rs. 1L you spend.

    Regalia First seems like a toned down version of Regalia, even though by name I had initially thought that it was a higher version, like Yes Bank First.

    Reply
  2. MANU KUMAR

    With a limit of 1.25l on MoneyBack card.. Which hdfc card should I target for upgrade.

    MoneyBack Card is barely 2 month old and just after applying I had got the good news that the upgrade will only be in name as the card has been devalued..

    How good are the chances for upgradation acceptance

    Reply
    1. Siddharth Post author

      Try for upgrade after 4-6 months.
      Mention the devaluation as reason and if you’re lucky you can get Allmiles or similar card.

      Reply
  3. Vineet Verma

    Hi Siddharth,

    I have applied for All Miles and hdfc was offering me Master Card variant.The application is still in process.
    Now as the card has been devalued and also no lounge access on Master card variant, I am planning to change the card type
    which one should I go for – Ask them for all miles VISA variant OR Diners club Rewardz OR CITIBANK premier miles.
    They initially offered me Diners club rewardz but I got it changed to All miles due to diners acceptance issue.
    My spending includes Groceries shopping , Air travel and train travel, Recharges ?

    Regards,
    Vineet

    Reply
    1. Siddharth Post author

      Ask for Visa Variant, you’ll get within a week. if you want to change card itself, they will ask u to wait 3-6 months.

      Reply
  4. VINEET VERMA .

    But does it hold anymore value now. 1% cashback compared to 1.5% on Diners rewardz and CitiBank Premier miles.??

    Reply
    1. Siddharth Post author

      Lounge access via Priority Pass is worth it. Diners has its own advantages.

      Reply
  5. Biby

    Hi Siddharth,

    Thanks for the article. I used to read your article, which are really informative. I have upgraded to Allmiles card(tried for Regalia through RM, but credit card dept was in the opinion that i should use Allmiles first & later upgrade to Regalia) from Platinum in May. Now since the points are devalued, should I try for an upgrade?

    For me also, getting Priority pass was little difficult. Initially customer care told that they have stopped issuing priority pass for Allmiles. Then i had to try through my RM & had to send many mails to Senior credit card grievance cell.. In the end i got the Priority pass by end of May. I have used this week in Abudhabi also. So its working..

    I have titanium royal debit card. Back posted a free upgrade to Jetairways Master card world card ..is it worth?

    Reply
    1. Siddharth Post author

      Use it for 3-4 months and then upgrade to Regalia.
      Yes, Jet debit card gives more # of lounge access in India.

      Reply
  6. Raghu

    Hi Siddharth,
    I have some 10k Allmiles points. HDFC now offering an upgrade to Regalia. Does it make sense to convert the points from Allmiles to Regalia or switch to Jet Miles and then upgrade the card?

    Reply
    1. Siddharth Post author

      Depends on what benefits you’re looking for. JPmiles maynot give you good value unless you’re expert in redeeming them. So u have to do the calculation 🙂

      Reply
  7. Parth

    Between this and Premier Miles by Citibank which one is better? I reckon PremierMiles (especially if I don’t need the priority pass membership). What are your views?

    Thanks!

    Reply
  8. Anand

    If my card gets upgraded from the current allmiles, will the priority pass access be revoked it too?

    Reply
  9. Mohit Jindal

    One of my friend is applying for this card. Just wanted to confirm are these guys still offering priority pass with this card

    Reply
  10. Ashok

    Hi Siddharth,

    I currently have Moneyback card with 1.5L limit. Using HDFC CC for almost 9 years now.
    Now they are offering me All Miles card. But I prefer the Regalia mainly because of the fact that Add on card also has PP access and 2% foreign conversion. Should I take the All miles and use it for few months and then ask for upgrade to Regalia?

    Any other suggestions?

    Reply
    1. Siddharth Post author

      Yes, that would do. Go for Allmiles and then to Regalia after 6 months.

      Reply
  11. Ashok

    Just noticed this on HDFC website.

    “Note : Effective 01st Nov 2016, the redemption value will be up to Rs. 0.25 per Reward Point on AllMiles Credit Card.”

    This would make AllMiles less than Moneyback card. AllMiles would give only 0.75 (3RP per 150)for 150 Rs spent but Moneyback would give 1.2 (4RP per 150) for 150 Rs spent online.

    My basic HDFC debit card gives 1% cashback on any retail and online purchase and 4 lounge access per quarter 🙂

    Reply
    1. Biby

      @Ashok for moneyback. It is 2RP/150. So .6Rs per 150 spend. Its surprising that they devalued allmiles again. Hope they don’t do this to Regalia

      Reply
      1. Ashok

        @Biby : I mentioned 4 RP/150 considering online spends (2X). Yes it is surprising to see AllMiles on par with Moneyback card. Only the Visa Signature status. 🙂

        Reply
        1. Biby

          I didn’t notice the ‘online’ part. Now the only advantage for Allmiles is priority pass. In terms of reward points, it is not at all interesting. Point .5 to .25 was a shocking move. Luckily I already had generated the allmiles voucher as I upgraded to Regalia(didn’t wanted to carry over the points).

          In case any one likes to know :Even after the card upgrade the voucher was working. The voucher value remained the same(.5 per RP) even after the devaluation. So once voucher is generated the value will remain the same. Voucher remained vaild even after the allmiles card got deactivated(Allmiles got deactivated when i swiped Regalia)

          Reply
  12. Apul Agarwal

    How many free visits are allowed with the PP card issued with All miles card. On the website they say that lounge visits are chargeable at $27 per visit.

    Reply
    1. Siddharth Post author

      Pls read the full review of the All-miles card using the link mentioned in the article.

      Reply
  13. Abhishek

    Hi,

    How do i upgrade from AllMiles, i have this credit card variant for more than 3 years now, and call center declined to issue a PP and also asked me to send a request form for Regalia First along with 3 months salary slip. My limit if 1.36L. But i have other cards with more than 3L limits.

    I am not able to get the form which i can send, off late even i felt the points i am earning are less but since i use perfios for all credit card trackign didnt see the statements.

    So what should i do now?

    Reply
    1. Siddharth Post author

      First,
      If they deny PP on Allmiles, Hang up the phone and call again or simply ask them to connect to their supervisor. They have to issue.
      Try sending Upgrade+LE for Regalia First. It has to pass through.

      Reply
      1. Apul Agarwal

        I called them up today for issuing the PP. They are straightaway saying that now all the PP linked to this card stands withdrawn.
        I called up twice and got the same answer

        Reply
  14. sravan

    Hi,

    Since this card is devalued, which card do you suggest for having a good reward rate with minimum annual fees

    Reply
    1. Siddharth Post author

      This or Regalia is good. They’re running 5X points and 2X points these days which still makes these cards a good one.

      Reply
  15. sudipt123

    Hi Siddharth,

    Just started following this site recently after I got a Amex gold charge card, now I’ve using the HDFC ALLMILES Card for 3 to 4 years, was never aware of the Priority Pass membership (I am not a FF) Now was planning a trip and called CC to get a PP, they simply denied saying it’s stopped. I have about 24K miles which i want to redeem. Any suggestions if to upgrade to Regalia?

    Reply
    1. Siddharth Post author

      Ask CC guy to transfer call to supervisor and it should work. Yes, you can very well upgrade to Regalia depending on your credit limit.

      Reply
  16. Prashant Gupta

    priority pass withdrawn:
    “The priority pass membership on AllMiles Credit Card has been withdrawn and new membership issuance or renewal will not be processed. For the customers already holding Priority Pass, their membership will cease to exist w.e.f. 1st March’2017”

    So what thiscard will be called now: No Miles Card 🙂

    Reply
  17. Jithu Ajayan

    I also got the message. Now after devaluation this is a useless card.

    I am unable to request for upgrade via netbanking. When i called customer care they told to give a application in bank and asked for an upgrade to jet privilege worldncard.

    I spend around 5 lakh last year on my all miles. So ideally i should be getting an upgrade right?

    Reply
    1. Prashant Gupta

      U can easily get upgrade to regalia. Fill the form in any branch and put ut in the dropbox there.

      Reply
  18. Jithu Ajayan

    Currently i have a credit limit of 185000 in all miles and they are only ready to give their insta loan not any upgrade

    Reply
  19. Ram

    Hi Siddharth.. I hold the HDFC Allmiles CC now. How can I apply for the Priority pass for free lounge access?

    and is HDFC Diners CC is better than Allmiles CC?

    Reply
    1. Siddharth Post author

      PP is now withdrawn on Allmiles card. Diners is better than Allmiles.

      Reply
  20. Captain Bishuddha Bharatiya

    Now we get only 0.5 % value back on our spends. which is absolutely useless. Thankfully I redeemed my 24000 points for 3 flight tickets. If I would have redeemed now than I would have got only 1 ticket.
    1. My latest ITR is of Rs. 3.2 lakhs and asked ( from phone banking ) to upgrade it to Regalia or Regalia First but they say that here is no offer. They say to send Limit enhancement and upgradation form to Chennai office. My CIBIL is 783, All Miles VISA catd has 1.5 lakhs limit and I have spend around 7 lakhs in last 12 months . Should I ask for limit enhancement only or both enhancement and upgradation ?
    2. Should I ask for Regali or Regalia first ?
    3. If they decline my card upgradation request than will I still be getting limit enhancement ?
    4. If card upgradation request gets denied than will it affect my CIBIL negatively ?

    Reply
    1. Siddharth Post author

      Ask for Regalia,
      You might get it (likely, due to high spend) or atleast Regalia First in rare case.
      Always do Update+LE
      CIBIL is not affected, check my recent article on Amex Credit limit Enhancement, i’ve mentioned about this in detail 🙂

      Reply
      1. Captain Bishuddha Bharatiya

        Its an unbelievable day for me. I talked to customer care and they said that my Regalia First is on the way with limit enhanced to Rs. 1.8 lakhs.
        It has became possible only and only because of you. 100% credit goes to you Siddharth . You are great and you have much more knowledge than HDFC employees. My branch told me don’t ask for card upgrade and limit enhancement as my annual income is very low but here I am . I got both because of you. Thanks a million.

        Reply
        1. Siddharth Post author

          Congrats!!
          I’m more than happy that i was able to help you 🙂

          Reply
          1. Captain Bishuddha Bharatiya

            After 6 months I will show annual income of Rs. 4.1 lakhs in my ITR. Should I ask for original Regalia at that time ?

Leave a Reply

Your email address will not be published. Required fields are marked *