last year with my regalia gold, i spent 5L, collected 34k reward points transfered to accor with 17k, monetary value = 30600
plus 2 myntra 1500 voucher + 1 smartbuy flight voucher 5000 + 4 uber vouchers 300 each
all equal to 39800 - 118(redemption fee) = 7.9% reward rate ... for spends around 5L yearly...regalia gold is much better