Bharat Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
MakeMyTrip ICICI Bank Credit Card
Bank Name :
ICICI Bank
Type :
Travel Credit Card
Interest Rate :
3.40%p.m. 40.80%p.a.
Eligibility :
Salaried
Age: Min 21 yrs & Max 60 Yrs,
Income: Gross Monthly Income> Rs 12,000
Self Employed
Age: Min 21 yrs & Max 65 Yrs,
Income: ITR > Rs 2 Lakhs per annum
Pros
Reward System: In category A: Customers will get 5% monthly cashback when they book tickets through IRCTC. 5% monthly cashback on Fuel expenses and fuel surcharge waiver also available. 5% monthly cashback on spends on groceries. 5% monthly cashback on Bill payment and Mobile recharge. In category B 5% monthly cashback on spends on PayZapp/EasyEMI/SmartBUY.
50-day interest-free period.
Maximum cashback per month for categories A and B is Rs. 300.
Cons
1. No welcome benefit is provided to the customers.
2. No lounge access facility available.
Pros & Cons
Welcome Benefits
N/A
Rewards System
Customers will get 5% monthly cashback when they book tickets through IRCTC.
5% monthly cashback on Fuel expenses and fuel surcharge waiver also available.
5% monthly cashback on spends on groceries.
5% monthly cashback on Bill payment and Mobile recharge.
5% monthly cashback on spends on PayZapp/EasyEMI/SmartBUY.
International Forex Markup
IFM- 3.5%
Welcome Benefits and Reward System
Special Features
Save annually up to Rs 3,600/- by simply using your HDFC Bank Bharat credit card.
Eligibility Criteria
Salaried
Age: Min 21 yrs & Max 60 Yrs,
Income: Gross Monthly Income> Rs 12,000
Self Employed
Age: Min 21 yrs & Max 65 Yrs,
Income: ITR > Rs 2 Lakhs per annum
Benefits
5% cashback on groceries, fuel, IRCTC transactions, mobile recharges, and bill payments.
5% cashback on SmartBuy, EasyEMI, and PayZapp spends.
Up to Rs. 50 lakh complimentary accidental death insurance.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Go to the HDFC Bank website and click on the "Credit Cards" tab.
Select the "Bharat Credit Card" from the list of cards.
Click on the "Apply Now" button.
You will be redirected to a new page where you will need to provide your personal information, such as your name, address, and contact details.
You will also need to provide your employment information and income details.
Once you have submitted your application, HDFC Bank will review your eligibility and get back to you within 7 working days.
Contact Details
1800 202 6161 or 1860 267 6161,
send an SMS to 730 8080 808, or
even use WhatsApp to send a message to 707 0022 222.
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Reward System: In category A: Customers will get 5% monthly cashback when they book tickets through IRCTC. 5% monthly cashback on Fuel expenses and fuel surcharge waiver also available. 5% monthly cashback on spends on groceries. 5% monthly cashback on Bill payment and Mobile recharge. In category B 5% monthly cashback on spends on PayZapp/EasyEMI/SmartBUY.
50-day interest-free period.
Maximum cashback per month for categories A and B is Rs. 300.
1. No welcome benefit is provided to the customers.
2. No lounge access facility available.
As the HDFC Bharat Credit Card is a basic card, you will not get a very high credit limit at the beginning itself. The credit limit may vary for different credit cardholders depending on their credit history, monthly income, and a few other factors. People with higher income or good credit history will get a higher limit as compared to those who have a lower monthly income. However, you may get your credit limit increased with time by using your card in a responsible manner.
HDFC Bank Bharat Credit Card
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining / Renewal Membership Fee – Rs. 500/- Plus Applicable Taxes
Cash advance fee: 2.5% or ₹ 500 whichever is higher.
Interest Rates: 3.60% p.m. 43.20% p.a.
Late Payment Charges: Less than ₹100 = Nil ₹100 to ₹500 = ₹100/- ₹501 to ₹5,000 = ₹500/- ₹5,001 to ₹10,000 = ₹600/- ₹10,001 to ₹25,000 = ₹800/- ₹25,001 to ₹50,000 = ₹1100/- More than ₹50,000 = ₹1300/-
Foreign Currency Transactions Fees: 3.5%.
Reward Redemption Fees: Rs. 99/-
Fuel Surcharge
1% upto Rs. 250 in every billing cycle (Min transaction of Rs. 400)
Billing Cycle
30 Days