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    HDFC Credit Card Cash Withdrawal

    HDFC Credit Card cash withdrawal or cash advance is one of the features available on most of the HDFC Credit Cards. The facility allows the cardholders to use their credit cards to withdraw cash from an ATM.

    The content below discusses about the features, benefits, fees and charges involved and other details about the HDFC cash advance feature.

    What Is HDFC Credit Card Cash Advance Feature?

    Credit card cash advance is the technical term used for the cash withdrawal feature available on credit cards. Unlike regular credit card transactions, which involve swiping the card at the point of sale terminal or using it for online transactions, cash advance feature allows you to withdraw liquid cash from the credit card and pay it later, hence the name cash advance.

    With regards to HDFC cash advance, just like most other banks, HDFC offers cash withdrawal feature on most of its credit cards. While the amount of cash you can withdraw from each type of the card and finance charges may vary, the rest of the components like the advance fee, credit type, etc., remain same across the cards.

    HDFC Credit Card Cash Limit

    Credit card cash limit or cash advance limit is the amount of cash you can withdraw using a credit card. Typically denoted in percentage, the cash limit is a portion of total credit limit on a credit card but not an addition to the limit. For instance, if your credit card’s total credit limit is Rs.1 lakh, the cash limit would typically be 20% to 40% of it. If the cash limit is 20%, you can use up to Rs.20,000 as liquid cash from your credit card. The remaining Rs.80,000 should be spent for card transactions only.

    HDFC typically offers a cash advance limit of 40% on most its credit cards except for corporate credit cards which have a cash withdrawal limit of 30% under individual liability and 40% under corporate liability.

    HDFC Credit Card Cash Withdrawal Fee

    The cash advance or the cash withdrawal feature on credit cards is not free. A transaction fee or a cash advance fee will be charged for every transaction and the same would be added to the bill in the next statement.

    HDFC charges a cash advance fee of 2.5% of the withdrawn amount or Rs.500, whichever is higher. For instance, if you have withdrawn Rs.30,000 from your HDFC credit card account, you will be levied a cash advance fee of Rs.750, similarly, if you have withdrawn Rs.5,000 you will be charged Rs.500 as the cash advance fee. However, the cash advance fee is subject to change at the discretion of the bank. Further, the cash advances do attract a finance charge equal to finance charges on the cash withdrawn and will be charged from the date of withdrawal till the payment is paid in full.

    Interest Charges On HDFC Credit Card Cash Withdrawal

    Cash withdrawals using credit cards do attract interest or finance charges just like the regular payments made using the card. Finance charge or interest will be levied at a monthly percentage rate from the date of withdrawal till the amount is paid back in full. Each credit card has a different rate of interest ranging from 1.99% per month to 3.49%.

    You can check the terms and conditions of your HDFC Credit Card to find out the interest rate specific to your card. For your convenience, we have listed finance charges on a few HDFC Credit Card variants.

    HDFC Credit Card Variant Finance Charge or Interest Rate
    Monthly rate Annual rate
    JetPrivilege Diners Club, JetPrivilege Diners Black and JetPrivilege Infinia Credit Cards 1.99% 23.88%
    Jet World, Jet Signature, Regalia, Business Regalia, Doctors Regalia, Regalia First/Business Regalia First and other cards 3.49% 41.88%
    In case of default 3.5% (Max. interest rate) 42%

    The interest rates are, however, subject to change depending on the spending on the card, payback and card utilization patterns.

    One important thing to know about HDFC cash advances is that there is no interest free period. Interest will be charged from the date of withdrawal till the payment is made in full. The payable finance charges will be added to the cardholder’s account till the amount is paid back in full.

    Reward Points On HDFC Credit Card Cash Withdrawal

    Unlike card transactions, cash withdrawals using HDFC Credit Cards are not eligible for reward points. No matter how much cash you withdraw, you will receive zero reward points for cash advances.

    How To Withdraw Cash Using An HDFC Credit Card?

    Cash from HDFC Credit Cards can be withdrawn at any of the ATMs, not necessarily from HDFC ATMs. And the procedure to withdraw cash is similar to withdrawing cash using a debit card.

    • Visit HDFC ATM kiosk
    • Insert your credit card, enter your PIN
    • Select your preferred language
    • From the options, select ‘Cash withdrawal’
    • Enter the amount and press ‘Confirm’

    However, before withdrawing the cash make sure you have enough cash limit on your card. If you are not aware of the available cash, find the same in your net banking account linked to your credit card or call HDFC customer care centre.

    HDFC Cash Withdrawal Fees And Charges

    A summary of all the charges applicable on HDFC cash advance feature is provided below.

    Description of Charges HDFC Credit Card Cash Advance
    Interest Free Period NIL
    Cash advance fee 2.5% of cash withdrawn or Rs.500 (whichever is higher)
    Minimum repayment amount 5% on the outstanding or minimum Rs.200
    Cash advance limit 40% of credit limit
    Finance charges (on revolving credit) 1.99% - 3.5% per month or 23.88% - 42% p.a.

    Pros And Cons Of HDFC Cash Advance Facility

    Now that we have discussed about the various features available under the HDFC cash advance or cash withdrawal facility, let us look at the advantages and disadvantages of using the facility.

    Benefits Of HDFC Cash Advance Facility

    • Cardholders can withdraw liquid cash in times of cash crunch and when credit card payments are not allowed for a particular transaction.
    • No need to pay any fee if the facility is unused
    • No documentation required
    • No approval from the bank
    • No wait time. Instant money available 24x7
    • Cash can be withdrawn from any bank ATM located in and outside the country

    Drawbacks Of HDFC Cash Advance Facility

    • Attracts a cash advance fee for every withdrawal
    • Interest will be levied from the date of withdrawal
    • No interest free period
    • Not eligible for reward points
    • High interest rate compared to regular card transactions

    Frequently Asked Questions (Faqs) On HDFC Credit Card Cash Advance

    1. Can I withdraw cash from any bank ATM?
    2. Yes, the credit card cash withdrawal facility can be availed at any bank ATM.

    3. Does the cash advance fee get credited to my outstanding instantly?
    4. No, the cash advance fee and other finance charges will reflect in your next billing statement.

    5. How does cash limit impact my credit limit?
    6. Cash limit is a percentage of credit limit. When you withdraw cash using your HDFC credit card, it will get debited from your available cash limit on the card affecting the total credit limit.

    7. Can I increase the cash limit on my HDFC credit card?
    8. You can apply for a cash limit enhancement on your HDFC credit card only after using it for 6-12 months. However, increasing the limit is completely at discretion of the bank. To check the eligibility of your card for limit enhancement, you can call HDFC customer care.

    9. Where can I check the total cash limit and available cash limit on my HDFC credit card?
    10. If your HDFC credit card has a net banking account, you can check your total cash limit and available cash limit on the card by logging in to your account either on online website or HDFC mobile app. Alternatively, you can also call HDFC customer care, provide your credit card details and check your cash limit.

    HDFC Credit Card Cash Withdrawal Reviews

    • HDFC Bank Credit Card
      "Good in all"
      0.5 5.0/5 "Blown Away!"
      HDFC Bank has offered me a credit card and the customer services are good. They also provide me with good offers and a very good credit limit. It is a smooth process while using the card, I never faced any hassles in the overall process till date.
      Was this review helpful? 0
      , kolkata
      Reviewed on Mar 22, 2019
    • Citibank Credit Card
      "Experience is good"
      0.5 5.0/5 "Blown Away!"
      Citibank has been overall good in the customer services. The online banking is good and the credit card offers are also good. The statements are also good and the billing is also in a timely manner. The credit limit is also fine and there are no charges taken for the card.
      Was this review helpful? 0
      , kolkata
      Reviewed on Mar 22, 2019
    • ICICI Bank Credit Card
      "Average"
      0.5 3.5/5 "Pretty good"
      I have been using ICICI Platinum card for more than 1.5 years. The credit limit is low which they need to increase. IVR takes longer time for the connectivity also they need to improve the service. There is no annual charge for this credit card.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 22, 2019
    • RBL Bank Credit Card
      "Good card for the withdrawal"
      0.5 5.0/5 "Blown Away!"
      From RBL I have et money card it gives the flexibility of taking the cash without any interest. I can withdraw the maximum of 100%, the credit limit is also satisfactory with RBL card. One month back I got the card, the due date is convenient for me.
      Was this review helpful? 0
      , pune
      Reviewed on Mar 22, 2019
    • HDFC Bank Credit Card
      "Recommendable Card"
      0.5 5.0/5 "Blown Away!"
      I get 10x points from HDFC card based on the spends, In fact the cash back is also excellent. The customer support is good for the credit card queries, but there is a long queue to connect with the executive. They don't have direct contact no, first I need to verify my details in IVR, then again the executive verify it, therefore the process should be simple.
      Was this review helpful? 0
      , pune
      Reviewed on Mar 22, 2019
    • Citibank Credit Card
      "Good card for all transaction"
      0.5 5.0/5 "Blown Away!"
      I have reward points from CITI bank, I get more bonus points on the transactions, they give cash back offers for some transaction, I don't what to call them everything is prefect, the interest is also reasonable, I am using life time free credit card.
      Was this review helpful? 0
      , pune
      Reviewed on Mar 22, 2019
    • HDFC Bank Credit Card
      "Need to increase the limit"
      0.5 5.0/5 "Blown Away!"
      I have HDFC Bharath credit card and using it for past 1.5years. The service is excellent and they are not charging high for the late payments. The credit limit is average and they need to enhance the limit. It is a life time free credit card. There was no much offers.
      Was this review helpful? 0
      , vadodara
      Reviewed on Mar 22, 2019
    • Bank Bazaar Credit Card
      "Simple method for getting credit card "
      0.5 5.0/5 "Blown Away!"
      Through Bank bazaar it is a simple process of getting the credit card in quick time .It hardly took 1 week of time in Online method . I came to know bank bazaar through SMS . Customer executive guided about the various credit card in online . Mobile app is also user-friendly .
      Was this review helpful? 0
      , kolkata
      Reviewed on Mar 22, 2019
    • Axis Bank Credit Card
      "Good card"
      0.5 4.0/5 "Great!"
      Axis Bank has offered NEO credit card and am using it for past 6 months. The credit limit is sufficient for the beginner, its 40K. The rate of interest is too high for late payment charges which they need to reduce. It is a life time free credit card.
      Was this review helpful? 0
      , vadodara
      Reviewed on Mar 22, 2019
    • IndusInd Bank Credit Card
      "Online shopping and EMI is major advantage"
      0.5 5.0/5 "Blown Away!"
      I recently applied for the Indusind bank credit card in the on-line method . Within 10 days of time ,I got a good response till the time of dispatchement of my card . No annual fees for this card . The main plus point with Indusind bank credit card is the on-line shopping .
      Was this review helpful? 0
      , kolkata
      Reviewed on Mar 22, 2019
    • Kotak Credit Card
      "Good Card with Kotak"
      0.5 5.0/5 "Blown Away!"
      I am using Kotak Mahindra card for around two years, I have salary account hence everything is fine for me. The credit limit is not good because they gave only Rs.22,000, they need to enhance the card limit. I have master card and the accessibility is great.
      Was this review helpful? 0
      , faridabad
      Reviewed on Mar 22, 2019
    • RBL Bank Credit Card
      "Average Credit card"
      0.5 5.0/5 "Blown Away!"
      Almost it is going to be 3 months since I started to use this RBL credit card . Normally I will do most of the shopping Off-line .Offers are on-line and it is up to the expectation . RBL mobile app is very easy for making the payment and downloading the statement .
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Mar 22, 2019
    • Axis Bank Credit Card
      "Credit limit is not sufficient "
      0.5 5.0/5 "Blown Away!"
      For the past 6 months, I am using the AXIS bank credit card . My credit limit is around 25 k only . But this credit limit is very insufficient to use .I am not getting any notification about the various offers in on-line . Annual fees is around 499 - .
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Mar 22, 2019
    • Axis Bank Credit Card
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I have been using the credit card with the AXIS BANK the card is user friendly to use. The credit limit with this card is satisfactory added on that the offers with this card is good. I am using it from last few years with this card. There is a EMI conversion option but there is no balance transfer option with this card.
      Was this review helpful? 0
      , bhopal
      Reviewed on Mar 22, 2019
    • ICICI Bank Credit Card
      "BETTER"
      0.5 3.5/5 "Pretty good"
      I am not satisfied with the credit card that i am using it with the ICICI BANK because the credit limit with this bank card is not satisfactory also there are no offers available with this credit card. There is a EMI conversion option with this credit card which is good also it is easy to convert.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 22, 2019
    • HDFC Bank Credit Card
      "BETTER"
      0.5 3.5/5 "Pretty good"
      I have a credit card with the HDFC BANK the credit limit with this bank they have offered is average and i am not getting any offers with this bank. There is a EMI conversion option with this bank it is good and easy to convert with this bank credit card.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 22, 2019
    • ICICI Bank Credit Card
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It has almost been ten months since i am using this credit card and the services which they had provided me has been pretty good. But the credit limit with the card has been less and there has not been any annual charges with this card. I had been using this credit card for all sort of purposes.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 22, 2019
    • HDFC Bank Credit Card
      "Excellent card"
      0.5 5.0/5 "Blown Away!"
      HDFC has given me a Money Back credit card and using it for past three years. I am happy with the credit limit. There was no annual charges and am paying monthly due. The charges are reasonable for EMI conversion. I got reward points but my sister use to redeem so have no idea.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 22, 2019
    • IndusInd Bank Credit Card
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I am just using this credit card for the last one week and the services which they had provided so far has been pretty good. They had given me with a good credit limit and it does not have any sort of annual charges. I am using this credit card for all sort of purposes.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 22, 2019
    • RBL Bank Credit Card
      "Good for all transaction"
      0.5 4.0/5 "Great!"
      I am holding RBL bajaj credit card, features are like the monthly benefits which they give like surcharges on the products, extra points on the shopping with the air lounges. The limit is very satisfied with RBL credit card, I am happy with it.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 22, 2019
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