When it comes to credit cards, HDFC is one the largest player in the credit card marketplace that exists in the country. All the cards offered by the bank are laced with varied features and benefits depending on the type of the customers that they are catering to.
The Diners ClubMiles credit card offered by HDFC is a semi-premium credit card which targets the medium income individuals. The card enable individuals to enjoy rewards for all spends, which can be converted into air-miles. For every spend on the card, the cardholder can avail reward rates upto 13.33 percent. Apart from earning more than decent reward rate, cardholders can also avail all the features that are common with other Diner Club credit cards of HDFC bank.
The features that an individual can access on availing the HDFC Diners Clubmiles credit card. They are:
Welcome Gift: As a welcome gift, 1000 reward points as well as renewal benefit of 1000 reward points are provided to the cardholder. However to avail the reward points, the membership fee is needed to be paid. Moreover, the annual or renewal fee must not be waived off.
Annual Fee Waiver: The annual fee can be waived off if the cardholder spends Rs.1 lakh or more in 12 months while using the credit card. It needs to be mentioned that when the spends on the card are calculated, the below mentioned transactions are exempted:
Rewards Programme: Rewards Programme: Individuals can earn four reward points for every Rs.150 spent. The reward points can be redeemed for exclusive gifts listed on the reward redemption catalogue as well as for booking domestic and international air tickets and hotels. In a month, the cardholder can avail a maximum of 5000 reward points for all the spends made using the HDFC Diners ClubMiles credit card. Under this program, 1 reward point is equal to Rs.0.50.
Miles Exchange: Cardholders can avail benefits at leading airlines and hotels by exchanging 1 reward point for 1 Air Mile. The Miles Exchange program enables cardholders to elevate their travel experiences and unravel a whole new array of opportunities. The opportunities are like booking flight tickets and hotels using every reward point that is transferred to air miles. The air miles can be redeemed by booking air tickets and hotel rooms while travelling in the companies partnered with the card like British Airways, Jet Airways, Kris Flyer, Trident Hotels and Club Vistara.
Fine Dining Offers: Individuals can relish 15% discount or other benefits at some of the finest restaurants in India. Along with that, the cardholders can also avail exclusive offers and rewards, gifts for himself/herself as well as for the family. In addition to the domestic dining offers, cardholders can also avail international offers in dining, travel and entertainment.
Travel Benefits: The cardholders also gets 6 complimentary access to 25+ domestic lounges within the country and 700+ lounges worldwide in a period of 12 months.
Fees and Charges HDFC Diners ClubMiles Credit Card
|Fees and Charges||Amount|
|Annual/Renewal Fee||Rs.1000 (waived off if the yearly spends on the card is Rs.1 lakh or more)|
|Supplementary card joining fee||NIL|
|Supplementary card annual fee||NIL|
|Cash Processing Fees||Rs.100|
|Cash Withdrawal Fees||2.5% of the amount withdrawn or Rs.500, whichever is higher|
|Card Replacement Fee||Rs.100|
|Minimum Repayment Amount||5% or minimum Rs.200|
|Late Payment fee||
|Penalty for overlimit||2.5% of the overlimit amount, subject to a minimum of Rs.500|
|Cash Advance Limit||40% of the credit limit|
|Cash Advance Charges||2.5% of amount withdrawn or Rs.500 whichever is higher|
|Charges of Revolving Credit||3.49% per month (41.88% annually)|
|Purchase charges of railway tickets||1.8 percent of the transaction amount + GST|
|Fuel transaction Charges||Rs.500 every billing cycle (GST applicable)|
|Payment Return Charges||2% of payment amount subject to minimum of Rs.450|
|Rewards Redemption Fee||Rs.99 per redemption request|
|Balance Transfer Processing Fee||1% of Balance Transfer amount or Rs.250 whichever is higher|
|Loan Processing Fee||
|Loan Pre-Closure charges||3% of the balance principal outstanding|
|Outstation Cheque Processing Charge||
|Foreign currency transactions||3.5%|
The HDFC Diners ClubMiles card is offered by the bank to both salaried and self employed individuals. The eligibility criteria is different for both the type of customers.
Yes, the reward rates that the cardholder is eligible for is different for both the credit cards offered by HDFC.
An individual has to be of minimum 18 years of age.
No, an individual can avail additional cards without paying any fees.
Rs. 99 is the fee for reward redemption.
No, it is available for both salaried and self employed individuals.
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