HDFC Bank is the best Indian choice bank of all time and its credit cards are also very popular. Now the bank is updating some earning and rewards for credit cards, if you are using HDFC bank credit card, you need to know the new year 2023 updates
Cashback redemption update
- This will be effective from 1st February 2023, we will have a cap on Reward Points that can be redeemed
- 3,000 reward points on Millennia, Bharat, Pharmacy and Paytm cards
- and 50,000 on other cards
HDFC Bank Credit Card Rewards Redemption for Flights and Hotels
HDFC Bank has put a cap on how many reward points can be redeemed for flights and hotels on SmartBuy bookings. Limit available on per month basis.
- HDFC Bank Infinia Credit Card – 1.5 lakh reward points
- HDFC Bank Diners Club Black Credit Card – 75,000 reward points
- HDFC Bank All Other Credit Cards – 50,000 reward points
Gift Voucher Redemption Using HDFC Credit Card
Now we can redeem 70% of the reward points against the total value except for Infinia and DCB and the remaining 30% we have to pay using the same card.
Using Infinia card only on Tanishq voucher redemption
You can redeem 50,000 reward points per month for Tanishq vouchers using the Infinia card. This doesn’t affect much as we can redeem the deposits for big purchases every month.
Educational Payments, Rent and Other Services
We will only earn reward points on government related transactions using these cards: Business Regalia, Business Regalia First, Business Money Back, CSC Small Business Moneyback, Paytm Business, Flipkart Business, Retlio, Best Price Save Smart, Best Price SaveMax and PinLabs.
And we will not earn points on Business Regalia, Business Regalia First, Business Money Back, CSC Small Business MoneyBack, Paytm Business, Flipkart Business, Retlio, Best Price Save Smart, Best Price Save Max and PinLab.
And we also do not earn reward points using any HDFC credit card
Grocery transaction rewards points
- You can use these cards to earn 2,000 reward points per month on spends: Infinia, Diners Black, Regalia, Regalia Gold, Regalia First, Business Regalia, Business Regalia First, Diners Privilege, Diners Premium, Diners ClubMiles, Tata New infinity card
- And on all other cards we can avail 1,000 reward points only
We charge some extra charges on some transactions
1% of the total transaction amount when we pay fares through third party merchants
In case of international location or with a merchant based in India but registered overseas, we will have to pay a fee of 1% on the total amount.
There are many e-commerce platforms which are registered in foreign countries. If we use that merchant platform then we have to pay 1% charge, for this the question is why do we use HDFC credit card?
My Thoughts
My view is HDFC is making changes but it will not like for us Indians we prefer Axis bank credit card if you like them. For this we have to use Valuable like Axis Bank Magnus