HDFC Bank Credit Card Eligibility

Here are the basic eligibility criteria required to apply for HDFC Credit Cards,

• Applicant should be at least 21 years old and the age of the add-on cardholder must be above 18 years.
• Applicant should be salaried or self-employed.
• The minimum salary is Rs.12,000 per month for a salaried person, while its Rs.2 lakh per annum for self-employed individuals.
• Applicant should have a regular source of income and a good credit score.

Eligibility Criteria for Top HDFC Bank Credit Cards

HDFC Bank Diners Club Black Credit Card

Apply Now

Eligibility Criteria

• Applicant must be between age of 21-60 Years for Salaried.
• Applicant must be age of 21-65 Years for Self Employed.
• The Minimum income salary for this card is Rs.1.75Lakh p.m. for Salaried.
• The Minimum income salary for this card is Rs.21 Lakh p.a for Self Employed.

HDFC Bank Regalia Credit Card

Apply Now

Eligibility Criteria

• Applicant must be between age of 21-60 Years for Salaried.
• Applicant must be age of 21-65 Years for Self Employed.
• The Minimum income salary for this card is Rs.1.20Lakh p.m. for Salaried.
• The Minimum income salary for this card is Rs.12 Lakh p.a for Self Employed.
• The card is offered for Non-Resident (NR) account holders only.

HDFC Bank Regalia First Credit Card

Apply Now

Eligibility Criteria

• Applicant must be between age of 21-60 Years for Salaried.
• Applicant must be age of 21-65 Years for Self Employed.
• The Minimum income salary for this card is Rs.40000 p.m. for Salaried.
• The Minimum income salary for this card is Rs.5 Lakh p.a for Self Employed.

HDFC Bank Diners ClubMiles Credit Card

Apply Now

Eligibility Criteria

• Applicant must be between age of 21-60 Years for Salaried.
• Applicant must be age of 21-65 Years for Self Employed.
• The Minimum income salary for this card is Rs.30000 p.m. for Salaried.
• The Minimum income salary for this card is Rs.3.6 Lakh p.a for Self Employed.

HDFC Bank Bharat CashBack Credit Card

Apply Now

Eligibility Criteria

• Applicant must be between age of 21-60 Years for Salaried.
• Applicant must be age of 21-65 Years for Self Employed.
• The Minimum income salary for this card is Rs.12000 p.m. for Salaried.
• The Minimum income salary for this card is Rs.2 Lakh p.a for Self Employed.

HDFC Bank Freedom Credit Card

Apply Now

Eligibility Criteria

• Applicant must be between age of 21-60 Years for Salaried.
• Applicant must be age of 21-65 Years for Self Employed.
• The Minimum income salary for this card is Rs.12000 p.m. for Salaried.
• The Minimum income salary for this card is Rs.2 Lakh p.a for Self Employed.

HDFC Bank MoneyBack Credit Card

Apply Now

Eligibility Criteria

• Applicant must be between age of 21-60 Years for Salaried.
• Applicant must be age of 21-65 Years for Self Employed.
• Check with the Bank for Minimum Salary Required for this Card.

HDFC Bank Platinum Times Credit Card

Apply Now

Eligibility Criteria

• Applicant must be between age of 21-60 Years for Salaried.
• Applicant must be age of 21-65 Years for Self Employed.
• Check with the Bank for Minimum Salary Required for this Card.

HDFC Bank Titanium Times Credit Card

Apply Now

Eligibility Criteria

• Applicant must be between age of 21-60 Years for Salaried.
• Applicant must be age of 21-65 Years for Self Employed.
• Check with the Bank for Minimum Salary Required for this Card.

HDFC Bank Business MoneyBack Credit Card

Apply Now

Eligibility Criteria

• Applicant must be between age of 21-60 Years for Salaried.
• Applicant must be age of 21-65 Years for Self Employed.
• Check with the Bank for Minimum Salary Required for this Card.

HDFC Bank Platinum Edge Credit Card

Apply Now

Eligibility Criteria

• Applicant must be between age of 21-60 Years for Salaried.
• Applicant must be age of 21-65 Years for Self Employed.
• Check with the Bank for Minimum Salary Required for this Card.

HDFC Bank Titanium Edge Credit Card

Apply Now

Eligibility Criteria

• Applicant must be between age of 21-60 Years for Salaried.
• Applicant must be age of 21-65 Years for Self Employed.
• Check with the Bank for Minimum Salary Required for this Card.

Document Required to Apply for HDFC Credit Cards

The following are the basic documents required to apply for any HDFC Credit Cards,

• KYC-PAN, Address proof and ID Proof
• One photograph, Salary slip/Form 16

Factors that affect your HDFC Bank Credit Card Eligibility

There are several factors that have a considerable impact on your eligibility for an HDFC Bank credit card. A few of these are

• Age: It’s one of the most basic factors that you need to consider before applying for an HDFC Bank credit card. In most cases, you need to be in the age bracket of 21 – 60 years (65 for self-employed persons). If you are too young, it may actually work against you since you are unlikely to possess a healthy credit history and therefore, a good credit score - a criterion that is crucial for you in securing a credit card.
• Credit score: This is the most important thing that the bank will look for as soon as you apply for a credit card. Maintaining a healthy credit score is of primary importance for getting a credit card. The credit score is a reflector of your credit worthiness and it depends on your credit history. Generally, lenders prefer individuals who have a credit score of over 750.
• Existing credit card balance: Having two or three credit cards can actually work in your favour since it suggests that you have the ability to manage the debts comfortably. However, you must ensure that you use them with discretion and do not miss out on repaying the debts on your existing credit card(s) because that might be a red signal for the bank when it judges your worthiness for the new credit card.
• Job stability: While it’s very important to have a source of regular income to get a credit card, the stability of your job can also be a determining factor for you. If you keep on switching jobs frequently, it may have a negative impact on your credit score.
• Settled accounts: If you don’t repay the entire outstanding amount on your existing credit card, in certain cases the credit card provider may settle the case with you by accepting less than the total amount that you owe. However, as a consequence, your credit report will certainly take a hit, and you will face difficulty in getting a loan or a credit card in the future.

How to improve your HDFC Bank Credit Card Eligibility

If you don’t fulfil some of the criteria or if your application for the credit card has been rejected by the bank, you always have a second chance to avail your HDFC credit card. For this, you need to improve your creditworthiness and there are several ways to do it. A few of them are as follows:

• Maintain a low number of credit card applications: You may not be aware of this but it’s not a healthy practice for you to raise too many credit card inquiries with multiple credit card providers. This is particularly true if you have already applied for a credit card with one of the card issuers.
• Pay your outstanding balance on time: Ensure that you pay all your bills – credit card(s) and otherwise, before or at least on their due date. This is because the credit companies carry out a thorough investigation of your credit repayment history before approving your request for a new credit card.
• Mention all your income source in your application: Because credit card issuers need you to have a regular source of a decent income, you need to include all your extra income sources (if you have any) in addition to your primary source. This will help you achieve a desirable debt-to-income ratio that would, in turn, help you get your credit card. However, avoid overstating your income or else it will have an adverse impact on your chances.

FAQs on HDFC Bank Credit Card Eligibility

1. Am I eligible for a lifetime free HDFC Bank credit card?

   HDFC Bank offers a number of credit cards which can be availed by a customer under the lifetime free scheme. If you are eligible for a lifetime free credit card from HDFC Bank, the same will be communicated to you through SMS, phone call, or email.

2. I am a salaried individual. Which HDFC credit card will I be eligible for?

   HDFC Bank will offer the credit cards on the basis of your eligibility. You can get in touch with the bank or just visit the official website of the bank to check the benefits and eligibility criteria of the cards and choose the best card for yourself accordingly.

3. Can I avail cash advance on my HDFC Bank credit card? Is there a fee charged against the same?

   Yes, you can avail cash advance facility on your HDFC Bank credit cards. You can use the card at ATMs in India and across the globe to withdraw cash. A fee of 2.5% of the withdrawn amount is charged for the same.

4. Why did my credit card application with HDFC Bank get rejected?

   There might be a number of reasons behind the rejection of a credit card application. The most common reason is non-compliance of the eligibility criteria and the mismatch of documents provided for the verification process. You can get in touch with the bank directly to find out the status and know the exact reason behind the rejection of the application.

5. Should I apply for a credit card again right after my first application is rejected?

   Ideally, it is advisable to wait for some time before applying for another credit card with any bank. Too many applications for credit cards will be reflected under your credit history. This portrays you as a credit hungry individual. This, in turn, will affect your credit score as well. Moreover, if there is an enquiry on your account, the credit score is expected to take a hit.

6. What is the minimum salary required for applying for a HDFC credit card?

   The average annual income requirement for salaried individuals and self-employed individuals is between Rs.1,44,000 and Rs.25,00,000.

7. Can I get a credit card without a salary slip?

   Yes. You can get a credit card without a salary slip.

8. What is an HDFC credit card limit?

   HDFC credit card limit varies based on the income and credit score of a cardholder.

9. Is credit card good or bad?

   A credit card offers discounts, offers, and deals that are unmatched by any other financial goods. However, if used improperly or if you spend more than you can afford to pay back when the bill arrives, credit cards can turn into debt traps.