Welcome Benefit: Users will get 500 cash points (applicable only on payment of membership fee).
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Easy EMI Card
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get 500 cash points (applicable only on payment of membership fee).
Milestone Benefits
Cashback Rate
Users will get 1 reward point for every INR 100 spent.
The redemption against the statement balance will be at the rate of 1 Cashpoint = ₹1. Effective cashback rate of 1%.
Cashpoints can also be used for redemption against travel benefits like Flight & Hotel bookings and the Rewards catalogue at the SmartBuy Rewards Portal, at a value of 1 Cashpoint = Upto INR 0.30.;
Customers can get 5% cashback on Amazon, Flipkart, Flight, and hotel bookings on shopping via PayZapp and SmartBuy (minimum transaction size of INR 2000, Max ₹1000 cashback per calendar month in first 6 months, Max ₹ 750 cashback post 6 months from card issuance).;
2.5% cashback on all online spends (minimum transaction size of ₹2000, maximum cashback = INR 750/calendar month).
1% cashback on all offline spends and Wallet reloads (Minimum transaction size of INR 100, maximum cashback = ₹750/calendar month).
Movie Benefits
None.
Dining Benefits
None.
Other Benefits
If the user spends ₹20000 & above in the first 90 days, the first-year membership fee is waived.
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get 500 cash points (applicable only on payment of membership fee).
Milestone Benefits
Cashback Rate
Users will get 1 reward point for every INR 100 spent.
The redemption against the statement balance will be at the rate of 1 Cashpoint = ₹1. Effective cashback rate of 1%.
Cashpoints can also be used for redemption against travel benefits like Flight & Hotel bookings and the Rewards catalogue at the SmartBuy Rewards Portal, at a value of 1 Cashpoint = Upto INR 0.30.;
Customers can get 5% cashback on Amazon, Flipkart, Flight, and hotel bookings on shopping via PayZapp and SmartBuy (minimum transaction size of INR 2000, Max ₹1000 cashback per calendar month in first 6 months, Max ₹ 750 cashback post 6 months from card issuance).;
2.5% cashback on all online spends (minimum transaction size of ₹2000, maximum cashback = INR 750/calendar month).
1% cashback on all offline spends and Wallet reloads (Minimum transaction size of INR 100, maximum cashback = ₹750/calendar month).
Movie Benefits
None.
Dining Benefits
None.
Other Benefits
If the user spends ₹20000 & above in the first 90 days, the first-year membership fee is waived.
Lounge Access
None.
Fees & Charges
Joining Fee
Rs. 500/- + Applicable Taxes
Annual Fee
Nil
Cash Advance Fee
Cash advance fee: 2.5% or ₹ 500 whichever is higher.
Interest rate
Interest Rates: 3.60% p.m. 43.20% p.a.
Late Payment Fee
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 Fee
Foreign Currency Transactions Fees: 3.5%.
Other Fees
Joining/ Renewal Membership Fee – Rs. 500/- + Applicable Taxes | Reward Redemption Fees: Rs. 99/- | EMI processing fees: ₹99 + GST
Fees & Charges
Joining Fee
Rs. 500/- + Applicable Taxes
Annual Fee
Nil
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Interest Rates: 3.60% p.m. 43.20% p.a.
Late Payment Fee
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 Fee
Foreign Currency Transactions Fees: 3.5%.
Other Fees
Joining/ Renewal Membership Fee – Rs. 500/- + Applicable Taxes | Reward Redemption Fees: Rs. 99/- | EMI processing fees: ₹99 + GST
Special Features
None
Eligibility Criteria
For Salaried Indian National:
Age: Min 21 years to Max 60 Years,
Net Monthly Income> Rs 10,000
For Self Employed Indian National:
Age: Min 21 years & Max 65 Years
Annual Income: ITR > Rs 6 Lakhs per annum
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Go to the HDFC Bank website. Click on the "Loans" tab.
Click on the "EasyEMI" link.
Select the "EASYEMI on Debit Card" option.
Enter your personal information, such as your name, address, and income.
Enter your PAN number and credit score.
Click on the "Submit" button.
A HDFC Bank representative will contact you to verify your details and complete the application process.
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
The credit card offers low cashback rate and below par value add features. Overall the credit card has limited appeal.
The credit card offers low cashback rate and below par value add features. Overall the credit card has limited appeal.
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