Best HDFC Bank Credit Cards Of 2024
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The choice of a credit card can be very subjective and depends on what a person is looking to use it for. Since there can’t be a single card for all, we have picked some of the best credit cards from those issued by HDFC Bank to help you understand which ones suit your needs the most.
- Featured Partners
- Best HDFC Bank Credit Cards Of 2024
- HDFC Bank Regalia Credit Card
- INFINIA Credit Card Metal Edition
- Platinum Times Credit Card
- InterMiles HDFC Bank Platinum Credit Card
- Business MoneyBack
- Summary: Best HDFC Bank Credit Cards 2024
- Methodology
- What is APR?
- How to Redeem Reward Points in HDFC Credit Cards?
- Eligibility for HDFC Bank Credit Card
- Documents Required for HDFC Bank Credit Card
- How to Apply for an HDFC Bank Credit Card?
- HDFC Bank Credit Card Fees And Charges
Featured Partners
1
SimplyCLICK SBI Credit Card
Annual Fee
INR 499+ taxes
Welcome Gift
INR 500 worth e-gift card from Amazon
Features
1% Fuel Surcharge Waiver on transactions between INR 500 and INR 3000, Get e-Vouchers worth INR 2000 for annual online spends of 1 Lakh
2
HSBC Cashback Credit Card
Annual fees
INR 999 (which will be reversed if the total annual spend exceeds INR 200,000)
Cashback features
10% accelerated cashback on dining, food delivery and grocery spends (up to INR 1000 per billing cycle); 1.5% unlimited cashback on other spends* (exclusions apply)
Other benefits
4 complimentary domestic lounge visits per year (1 visit per quarter)
3
IndusInd Bank Legend Credit Card
Annual Fee
INR 9,999 + GST
Welcome Benefits
Complimentary Stay at Oberoi Chain of Hotels.
Features
Free Movie Tickets on BookMyShow, 2x Rewards on Weekend spends, Access to 700+ lounges worldwide
4
AU Bank Altura Plus Credit Card
Annual Fee
499 + applicable taxes
Welcome Benefits
Gift vouchers
Features
1.5% Cashback on all POS retail spends, 1% Fuel Surcharge Waiver on transactions between INR 400 and INR 5,000.
5
Standard Chartered Rewards Credit Card
Rewards
4 reward points* per INR 150 on all retail spends (excluding government, insurance and fuel spends)
Joining Fees
Nil (2nd year onwards the annual fees will be reversed on spends of INR 3,00,000+ in the previous year)
Fuel Surcharge Waiver
Upto 1% Fuel Surcharge waiver (terms and conditions apply)
Best HDFC Bank Credit Cards Of 2024
HDFC Bank Regalia Credit Card
Annual Fee
INR 2500 + 18% GST
Annual Fee Spending Waiver
No annual fee on spending INR 3 lakh in one year.
Welcome Benefits
2,500 points
Annual Fee
INR 2500 + 18% GST
Annual Fee Spending Waiver
No annual fee on spending INR 3 lakh in one year.
Welcome Benefits
2,500 points
This premium credit card is ideal for people who travel by air, do online shopping (preferably via foreign websites as it has the lowest foreign currency markup) and like to dine out as the Dineout membership provides a 25% discount in partner restaurants. From time to time it comes up with good offers where one can earn 5X to 10X reward points.
- This card has the lowest foreign currency markup, which is 2%, lower than many other cards in the market that have a foreign currency markup range of 3% to 3.5%.
- Reward Points can be used to book train tickets and make purchases on websites such as Amazon, Flipkart, Redbus, etc.
- Features like emergency overseas hospitalization is a plus.
- Free airport lounge visits.
- Fuel surcharge waiver.
- Reward Points are given only on retail spending.
- You cannot make EMIs payments on the purchase of gold or any kind of jewelry.
- The Dineout Passport Membership card covers only a select few cities in India making it a limited service.
Welcome Benefits:
- 2,500 points
Ongoing Benefits:
- Rewards:
1. 4 Reward Points on every INR 150 spent on all retail spends including insurance, utilities, education and rent pay.
2. 10,000 Reward Points on annual spends of INR 5 lakh.
3. Additional 5,000 Reward Points on annual spends of INR 8 lakh.
- APR: 41.88%
- 12 free airport Lounge visits.
- 1% fuel surcharge waiver at all fuel stations in India.
- 25% discount at partner restaurants.
- 1+1 on buffet at selective restaurants.
- Insurance/Comprehensive Protection
1. Accidental air death cover of INR 1 crore.
2. Emergency overseas hospitalization cover of up to INR 15 lakh.
3. Lost card liability cover of INR 9 lakh.
- 24/7 concierge services.
- Lowest foreign currency mark-up fee on international transactions of 2%.
INFINIA Credit Card Metal Edition
Annual Fee First Year
INR 12,500 + 18% GST
Annual Fee Spending Waiver
On spending INR 10 lakh in one year.
Welcome Benefits
Complimentary Club Marriott membership 12,500 Reward Points (for one year only).
Annual Fee First Year
INR 12,500 + 18% GST
Annual Fee Spending Waiver
On spending INR 10 lakh in one year.
Welcome Benefits
Complimentary Club Marriott membership 12,500 Reward Points (for one year only).
The card is reward-point based and one can even get reward points on paying rent, for insurance and education. It provides unlimited access to golf and airport lounges for frequent travelers and golf enthusiasts.
- There is no cap on cash Reward Points.
- No cap on airport lounge access (even for a secondary card holder).
- Complimentary nights and weekend buffet at participating ITC Hotels.
- Foreign currency markup is 2% (which is around 3.5% in general).
- Unlimited golf privileges.
- Unlimited airport lounge visits.
- Fuel surcharge waiver available.
- No pay points back on fuel transaction (fuel here means petrol and diesel) as this is an ultra premium credit card.
- Club Marriott membership is only for the first year.
- To get the accidental air death cover, one will have to purchase their flight tickets with the help of this credit card only.
- No Reward Point if the fee has not been paid.
Welcome Benefits:
- Complimentary Club Marriott membership 12,500 Reward Points (for one year only).
Ongoing Benefits:
- Lowest foreign currency mark-up fee on international transactions of 2%.
- Up to 50 days of interest-free period on your HDFC Bank Infinia credit card from the date of purchase.
- 5 Reward Points for every INR 150 retail spend including insurance, utilities, education and rent payment.
- 10 times Reward Points on your travel and shopping spends on Smartbuy.
- APR: 23.88%
- Unlimited airport lounge visits.
- 1% fuel surcharge waiver on transactions between INR 400 and INR 1,00,000
- 1+1 weekend buffet offers at ITC Hotels.
- Dineout Passport membership for a year that offers:
1. 20% off at 2,000 + premium restaurants 1+1 on Buffet at 200+ restaurants
2. 1+1 on food, drinks at partner restaurants.
3. 15% discount on bill payment via Dineout Pay.
- Accidental air death cover of INR 3 crore.
- Emergency overseas hospitalization up to INR 50 lakh.
- Unlimited complimentary golf games at select golf courses in India and abroad.
- Zero lost card liability.
Platinum Times Credit Card
Annual Fee
INR 1,000 + 18% GST
Annual Fee Spending Waiver
On spending INR 2 lakh 50 thousand in one year.
Welcome Benefits
Gift vouchers
Annual Fee
INR 1,000 + 18% GST
Annual Fee Spending Waiver
On spending INR 2 lakh 50 thousand in one year.
Welcome Benefits
Gift vouchers
The card provides various offers round the year on dining, shopping, wellness etc.
One can get many online and offline offers with the help of the Times Card app specific to the location of that person at times providing 10%, 15%, 25% discounts to users.
- Zero lost card liability.
- Transactions as a result of the payment of insurance are also rewarded.
- No lounge visits available.
- No insurance covers available.
Welcome Benefits:
- Gift vouchers across shopping, apparel, dining and many more categories
Ongoing Benefits:
- Utility bill payment via SmartPay.
- 25% off on movie tickets on BookMyShow.
- Discount offers are available from time to time on dining, wellness, shopping and travel.
- Rewards:
1. 3 Reward Points for spending INR 150 every time.
2. 10 Reward Points on every spent of INR 150 for dining during weekdays.
3. Transactions as a result of paying the insurance are also rewarded.
- APR: 43.20%
- 1% fuel surcharge waiver on transaction between INR 400 and INR 5,000. Max waiver of INR 500 per statement cycle.
- Insurance/ Comprehensive Protection
1. Zero lost card liability
2. Interest-free credit period
3. Revolving credit
InterMiles HDFC Bank Platinum Credit Card
Annual Fee
INR 1,000 + 18% GST
Annual Fee Spending Waiver
On spending INR 2 lakh 50 thousand in one year.
Welcome Benefits
3,000 Bonus InterMiles.
Annual Fee
INR 1,000 + 18% GST
Annual Fee Spending Waiver
On spending INR 2 lakh 50 thousand in one year.
Welcome Benefits
3,000 Bonus InterMiles.
This card facilitates travelers to book hotels and flights online. One can avail discounts of around 5% on Etihad Airlines and bonus points at the same time. It is noteworthy that subscribers get the InterMiles gold membership for the first year. One can make full use of it by taking that membership the year one has plans to travel frequently.
- Dineout membership available.
- Value of the welcome benefits at INR 53,000 is attractive.
- Unlimited domestic airport visits.
- No insurances available (as the fee of the card is quite nominal).
- InterMiles gold membership is only available for the first year.
- Lounge visits could have been more for international airports.
Renewal Benefits
- 1,500 InterMiles upon spending INR 3,000 within the first 30 days of the Anniversary date.
- Flight Discount voucher worth INR 500
- Hotel Discount voucher worth INR 1000
All Welcome Benefits:
- 3,000 Bonus InterMiles.
- 1,500 InterMiles on spending INR 3,000 within the first 30 days of setting the card.
- 1,500 InterMiles on total retail spends of INR 50,000 and above, within the first 90 days.
- Flight Discount voucher worth INR 500 for the first year
- Hotel Discount vouchers worth INR 1000 for the first year
Ongoing Benefits
- 5% discount on Etihad Airways economy class tickets.
- 2.5X InterMiles for Etihad Airways tickets booked.
- Rewards:
1. 4 InterMiles on every INR 150 spent on retail spend.
2. 8 InterMiles on every INR 150 spent on every flight ticket.
3. 8 InterMiles on every INR 150 spent in a hotel.
- APR: 43.20%
- 2 international airport lounge visits per quarter that makes it 8 lounge visits per year.
- Unlimited domestic airport lounge visits.
- 1% fuel surcharge waiver on minimum transaction of INR 400, waiver capped at INR 250 every billing cycle.
- 20% discount on dining bills paid through Dineout Pay.
- Zero lost card liability
- Interest-free credit period
- Revolving credit
Business MoneyBack
Annual Fee
INR 500 + 18% GST
Annual Fee Spending Waiver
On spending INR 50,000 in one year.
Welcome Benefits
Nil
Annual Fee
INR 500 + 18% GST
Annual Fee Spending Waiver
On spending INR 50,000 in one year.
Welcome Benefits
Nil
One can get cash back of 5% and Reward Points at the same time. There is a cap on cash back of INR 250 per billing cycle but no cap on Reward Points.
The annual fee is just INR 500 so if one could get a cash back of even INR 250 in a month the fee amount can be realized in just two months.
There are better facilities for the current account holders for the first year and from the second year it is the same for all. The card also provides the facility of POS reversal as well. This card is beneficial if the user has to pay bills costing more than INR 10,000.
- One gets Reward Points as well as cash back.
- POS Rental Reversal
- No insurance (as the fee is nominal)
- There is a cap on the 5% cashback that one gets on paying bills.
- Maximum discount capped at INR 1,000 per month on making payment through Dineout Pay.
- No lounge benefit as the card serves a different domain altogether.
Ongoing Benefits:
- 5% Cashback on Telecom, Utility, Govt & Tax Payments.
- Terms for cashback: Maximum cashback of INR 250 per statement on minimum monthly spends of INR 10,000 (here it means that to avail this 5% cashback, which can go a maximum to INR 250, one will have to have a minimum spend of INR 10,000).
- Rewards:
1. Earn Reward Points for every spend of INR 150.
2. 4 Reward Points on online spends.
3. 2 Reward Points on all other expenses.
- For Current Account Holders:
1. Double cashback on all business essentials such as telecom, utility, government and tax payments only up to INR 500 per statement. This will be the same as above from the second year onwards (maximum cashback of INR 250 per statement on minimum monthly spends of INR 10,000. Here it means that to avail this 5% cashback, which can go maximum to INR 250, one will have to have a minimum spend of INR 10,000).
2. Cashback exchange rate for cash is 100 Reward Points = INR 20
3. POS Rental Reversal: On spending INR 30,000 on your credit card and monthly volume of INR 25,000 on HDFC POS machine capped at INR 1000 per month.
- What is POS Rental?
Merchants have to pay a small percentage of the transaction (about 2%) as rental fee to the bank whenever the POS machine is used. These charges are waived off and the merchant will not have to pay it, if the merchant satisfies the above condition.
- APR: 43.20%
- Lounge Benefit (Y/N): N
- Fuel Benefit Description: 1% fuel surcharge waiver on transaction between INR 400 and INR 250 per statement cycle.
- Dining Benefit Description: Discount of 20% on making payments via Dineout Pay(Maximum discount capped at INR 1,000 per month).
- Insurance/ Comprehensive Protection (Y/N): N
Other Benefits:
- Zero lost card liability
- Interest-free credit period
- Revolving credit
Summary: Best HDFC Bank Credit Cards 2024
Methodology
We analyzed up to 50 credit cards issued by the HDFC Bank and selected the best among them based on some basic criteria:
- Value for money: This was the most important factor that has been taken into consideration. The cards that provide maximum benefits made it to our list.
- Cash back: Half a star to credit cards providing cash backs and half a star where the system of credit is not complicated and easy for the customers to understand.
- Annual Fee and joining fee: Half a star to credit cards without any annual fee and half for no joining fee. Any credit card without any annual fee and joining fee will get a full star, but a joining fee of INR 500 has been considered equivalent to no annual fee.
- Availability for all income groups: Half a star if the services of the credit card are available for all income groups, and another half if services extend to multiple geographies and not just major cities.
- Welcome gifts: Half a star for welcome gifts and half a star for easy usage of those gifts. Here if the intrinsic value of the usable gift at least covers the annual fee, the credit card will get a full star.
- Additional benefits: Half a star to credit cards providing additional benefits and half to the credit cards in which these additional benefits are more user-friendly. For example, if a card offers a fee waiver to a user who will spend INR 3 lakh in one year, it is unlikely all cardholders may want to spend that much in one year. This makes the feature redundant for certain cardholders.
What is APR?
The value of APR or the annual percentage rate is the interest rate one pays for borrowing money with the help of credit cards. This interest is applied on the total loan borrowed in a year and hence is called the annual percentage rate.
This interest rate can be charged if you have not paid the card bill every month. Lesser the APR, lesser interest you pay in case of any delay or default in the payment of bill or incase of borrowing.
How to Redeem Reward Points in HDFC Credit Cards?
The reward point system is a little complicated as the value of these reward points differs, unlike cash-back credit cards, but overall one gets the value for their money.
Redemption of reward points varies from case to case in general following is the value of HDFC reward points in general.
Reward Points can be redeemed for:
- For flight and hotel bookings via Smartbuy: 1 RP = INR 1
- For Apple products and Tanishq vouchers via Smartbuy: 1RP = INR 1
- For Airmiles conversion through netbanking: 1RP = 1 air mile
- For products and vouchers via Netbanking or SmartBuy: 1 RP = up to INR 0.50
- For cashback: 1 RP = INR 0.30
- From the date of accumulation HDFC Reward Points are valid for two years.
Eligibility for HDFC Bank Credit Card
Following are the things taken into consideration by HDFC Bank before issuing a credit card to the customer:
Residential Status: The applicant must be an Indian citizen.
Minimum Age: The applicant should be 18 years old.
Maximum Age: Maximum age for the issuance of a credit card is 70 years.
Income Requirement: Every card has a different income requirement, some credit cards require an income of just INR 25,000 a month and some require an income of at least a lakh.
Bank Account: Applicant must have a savings account or salary account.
Credit Score: Must have a good credit score. For more about the credit score please read,” CIBIL Score Check: How Does Credit Score Work?”.
Documents Required for HDFC Bank Credit Card
The following documents are required for you to avail a credit card:
- PAN card photocopy
- Form 60
One of the following as the proof of income
- Bank statement for three months.
- Form 16
- IT return copy as proof of income
One of the following the proof of residence
- Passport
- Ration Card
- Utility bills dispatched within the last three months
One of the following for Identity proof
- Passport
- Driving license
- PAN card
- Aadhaar card
- Voter ID
How to Apply for an HDFC Bank Credit Card?
One can apply for an HDFC Credit Card in the following ways:
Visiting The Branch: You can visit the branch for ordering a desired credit card.
Calling the Customer Care: You can also apply by calling HDFC’s customer care and ordering for the credit card.
Ordering on a sales call: You can also order a credit card on a sales call from the bank. They can take an order on the call, but it is advisable to ask them to come home for the KYC if you are not very tech savvy.
Generally for an existing customer they will ask to download the mobile app and order it from there. You can also take a photo of the agent who is coming to your house to do the KYC to be precautious.
How to Apply for an HDFC Bank Credit Card Apply Online?
One can apply online through the HDFC website, which has a dedicated section for credit card applications. One can find the credit card of his choice, and apply for it by selecting apply. This will lead you to a page asking for some basic information like phone number, name, etc.
Once you fill in the basic information it will send an OTP number to the entered phone number which you will have to enter in a pop up in the screen you are working on. After entering this OTP number there it will ask you to enter more specific details, like your location, etc. Once entered you can submit this application and the bank will arrange an agent to speak to you on a video call or come to your house.
How to Apply for an HDFC Bank Credit Card Offline?
Every HDFC Branch has agents dealing with credit cards, one can visit any of these branches and with the KYC documents mentioned by us and apply for any credit card, after checking their eligibility. Your KYC will be done by the branch and after seven to twenty business days you will get the credit card by mail at your residential address.
HDFC Bank Credit Card Fees And Charges
Cash Advance Charges: These charges are levied when the users take out money with the help of their ATM card at the time of need. This amount will be 2.5% or INR 500 whichever is greater. This money can be played in the very next due date of your credit card bill.
Late Payment Charges: Late payment charges will be on users not paying their dues on time as per the below table:
Credit Card Overlimit: Overlimit means the spends exceeding the limit of a particular credit card. In such a case there will be a penalty of 2.5% and a minimum of INR 550.
Payment Return Charges: This is charged when a customer’s cheque bounces, and it will be 2% and a minimum of INR 450.
Cash Processing Fee: Cash processing fee is charged when a person pays the credit card bill in cash, and it is INR 100 each time.
Reward Redemption Fee: Reward redemption fee is charged when the customer redeems the reward points and it will be INR 99 each time.
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