Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
Know about HDFC Credit Card Reward Points
The card limit of the Diners Premium credit card is given at the discretion of the bank. HDFC Bank takes several factors into consideration before deciding on the limit to be given to the primary applicant. The factors which are majorly considered are the credit score, the credit report of the applicant along with the repayment behaviour of past and current loans.
You can redeem your reward points through online or offline methods. If you wish to do so offline, you can download the rewards redemption form from the HDFC Bank website. The details will need to be filled and sent to the following address:
Rewards Helpdesk,
HDFC Bank Cards Division,
P.O. Box No. 8654,
Thiruvanmiyur, P.O.,
Chennai - 600041.
You can also log in to your Net banking account and redeem your reward points online as well. To do so, here are the steps you need to follow:
| Type of Charge | Amount |
|---|---|
| Annual fee | Rs.2,500 |
| Cash advance limit | 40% of the credit limit |
| Minimum repayment amount | 5% or a minimum of Rs.200 |
| Interest-free period | Up to 50 days |
| Charges on revolving credit | 1.99% per month |
| Additional card fee | Free |
| Cash advance charges | 2.5% of the amount withdrawn or Rs.500, whichever is higher |
| Late payment charges | If the statement balance is less than Rs.100 - Nil Balance between Rs.100 and Rs.500 - Rs.100 Balance between Rs.500 and Rs.5,000 - Rs.500 Balance between Rs.5,001 and Rs.10,000 - Rs.600 Balance between Rs.10,001 and Rs.25,000 - Rs.800 More than Rs.25,000 - Rs.950 |
| Payment return charges | 2% of the payment amount subjected to a minimum of Rs.450. |
| Charges on over limit account | 2.5% of the over limit amount subjected to a minimum of Rs.500 |
| Cash processing fee | Rs.100 |
| Balance transfer processing charges | 1% of the balance transfer amount or Rs.250. The higher amount will be taken. |
| Rewards redemption fee | Rs.99 per redemption request |
| Fuel transaction charges | Rs.500 per statement cycle will be waived off |
| Outstation cheque processing charges |
Cheque value of up to Rs.5,000 - Rs.25 Cheque value of more than Rs.5,000 - Rs.50 |
| Foreign currency transactions | 3.5% |
| Reissue of a stolen, lost or damaged card | Rs.100 |
| Railway ticket purchase fee | 1.8% of the transaction amount + GST |
An applicant can apply for the credit card through offline or online methods. If you wish to apply offline, you will need to visit the bank branch, fill the application form and submit the documents required to apply.
You can also apply for the credit card online from the HDFC Bank website or through BankBazaar. To apply for the card through BankBazaar's website, here are the steps you need to follow:
Each Reward Point will help you earn 0.70 airmiles.
No, you will not be awarded Reward Points on fuel transactions.
If you use the revolving credit facility on your HDFC Bank Diners Club Premium Credit Card and do not pay the total amount due at the end of the billing cycle, then yes you will be charged interest on the total outstanding balance plus on every new transaction that you make using the card. The interest will be charged until you pay back the full amount.
1 Reward Point is equal to Rs.0.75.
To find more information about HDFC Bank Diners Club Premium Credit Card, you have to visit the website of HDFC Bank Diners Club. You can also visit any branch of the bank or contact HDFC Credit Card Customer Care to get details.
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