gilforchrist65
New member
TL;DR: Great for those who spend money online and would like rewards against statement balance and simple conversion
Rewards:
Fuel Surcharge Waiver: 1% fuel surcharge waiver at all fuel stations across India (on minimum transaction of ₹400. Max CashBack of ₹250 per statement cycle)
Annual Fee: ₹1000 – Waived on spending ₹100000 in a quarter
Bottom line: HDFC credit cards are attractive due to the high frequency of online merchant offers. This is a good semi premium card especially for online spends. But the rules and regulations on redemption and cap on monthly limits dampen the appeal. It is a good match for me as I don’t spend a lot of money offline(especially due to Covid). Since I already have other co-branded cards, the option to redeem 1:1 against statement balance is also a big plus.
Another reason why I am not currently upgrading is the offer ongoing in NoBroker. You can use the card to pay rent and get 10% PayZapp cashback upto ₹1200. For those who don’t know, PayZapp is a wallet app from HDFC and PayZapp balance can be used across all websites like a prepaid card.
Rewards:
- 5% CashBack on Amazon, Flipkart, Flight & Hotel bookings on shopping via PayZapp and SmartBuy (minimum transaction size of ₹2000) – Max points 750/cycle
- 2.5% CashBack on all online spends (minimum transaction size of ₹2000) – Max points 750/cycle
- 1% CashBack on all offline spends and Wallet reloads (Minimum transaction size of ₹100) – Max points 750/cycle
- Redeem CB against statement balance ₹1:1 point (min 2500). Other redemption options at 0.35:1. 1 year validity of reward points
Fuel Surcharge Waiver: 1% fuel surcharge waiver at all fuel stations across India (on minimum transaction of ₹400. Max CashBack of ₹250 per statement cycle)
Annual Fee: ₹1000 – Waived on spending ₹100000 in a quarter
Bottom line: HDFC credit cards are attractive due to the high frequency of online merchant offers. This is a good semi premium card especially for online spends. But the rules and regulations on redemption and cap on monthly limits dampen the appeal. It is a good match for me as I don’t spend a lot of money offline(especially due to Covid). Since I already have other co-branded cards, the option to redeem 1:1 against statement balance is also a big plus.
Another reason why I am not currently upgrading is the offer ongoing in NoBroker. You can use the card to pay rent and get 10% PayZapp cashback upto ₹1200. For those who don’t know, PayZapp is a wallet app from HDFC and PayZapp balance can be used across all websites like a prepaid card.