The HDFC Bharat CashBack Credit Card is exclusively designed for users who happen to drive a lot and have just begun their careers with an annual income between Rs.2 lakh and Rs.4 lakh. The credit card is an outcome of the tie-up between the HDFC Bank and the Bharat Petroleum (BP) Group.
The benefits, features, fees, and other information of this card are mentioned below.
The card offers better benefits on fuel purchases and other day-to-day payments.It provides 5% cashback on all fuel transactions, given that they are only made at BP fuel stations. It offers an additional cashback of 5% on all the IRCTC bookings, bill payments, and mobile recharges.
Moreover, it has a low annual fee, which can be waived off easily if you spend at least Rs.20,000 in the previous year.
Rewards of HDFC Bharat CashBack Credit Card
There is no reward program for this credit card.
|Type of fee||Charge|
|Annual/renewal fee||Rs.500. This fee is waived if you spend Rs.20,000 in a year.|
|Interest-free period||Up to 50 days from the date of purchase|
|Interest rate||3.49% per month (41.88% per annum)|
|Over-limit fee||2.5% of the over-limit amount|
|Reward redemption fee||Rs.99|
|Cash advance fee||2.5% of the withdrawn amount|
|Late payment charges||Nil if the bill amount is less than Rs.100 A penalty of Rs.100 if it is from Rs.100 to Rs.500 A penalty of Rs.400 if it is from Rs.501 to Rs.5,000 A penalty of Rs.500 if it is from Rs.5,001 to Rs.10,000 A penalty of Rs.750 if the bill amount exceeds Rs.10,001|
|Payment return fee||2% of the payment amount|
|Cash processing fee||Rs.100|
|Balance transfer processing fee||2% of the balance transfer amount|
|Cash advance limit||40% of the credit limit|
|Call-a-draft fee||2.5% of the draft amount (minimum of Rs.300)|
|FTF (Foreign Transaction Fee)||3.5% of the transaction amount|
|Add-on card charges||Free|
|Payment return charges||2% of the payment amount, which is subject to a minimum of Rs.450|
|Cheque return fee||Rs.500|
|The surcharge on purchases/cancellation of railway ticket||IRCTC service fee + transaction charge of the respective payment gateway|
|Railway ticket fee||1.8% of the actual transaction amount + GST|
|Fuel benefits||5% cashback on fuel|
|Fee for the outstation cheque processing||Rs.25 for a cheque value up to Rs.5,000 Rs.50 for a cheque value that exceeds Rs.5,000|
For salaried employee:
Here are a few frequently asked questions, which you might want to read before applying for the card.
You can avail this credit card if:
Try to make as many payments as you can in the categories listed below:
You will receive a maximum cashback of Rs.150 on these categories for a month.
If you spend Rs.20,000 in a year, the annual fee is waived. With this, if the credit card is used correctly, you can save about Rs.2,160 every year.
You can use this credit card on any petrol pump in India. The fuel rewards apply to all the fuel stations. There are no restrictions on that.