In this paper, we investigate the Hölder regularity of solutions to the time fractional Schrödinger equation of order 1<α<2, which interpolates between the Schrödinger and wave equations. This is inspired by Hirata and Miao's work which studied the fractional diffusion‐wave equation. First, we give the asymptotic behavior for the oscillatory distributional kernels and their Bessel potentials by using Fourier analytic techniques. Then, the space regularity is derived by employing some results on singular Fourier multipliers. Using the asymptotic behavior for the above kernels, we prove the time regularity. Finally, we use mismatch estimates to prove the pointwise convergence to the initial data in Hölder spaces. In addition, we also prove Hölder regularity result for the Schrödinger equation.