Welcome Benefit: Users will receive 500 CashPoints (applicable only on payment of membership fee).
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HDFC Bank Freedom Credit Card
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will receive 500 CashPoints (applicable only on payment of membership fee).
Milestone Benefits
None.
Cashback Rate
Users will get 1 reward point for every INR 100 spent.
1 CashPoint = Rs. 0.15 for redemption against product catalogue, SmartBuy, and cashback. Effective cashback rate: 0.15%.
1 RP for product catalogue 0.15. Effective cashback rate: 0.15%.
For unified SmartBuy (Flights/Hotels), the effective cashback rate is 0.15%.
10X CashPoints on Big Basket, BookMyshow, OYO, Swiggy & Uber. Special cashback rate 1.5%.
Movie Benefits
10X CashPoints on Big Basket, BookMyshow, OYO, Swiggy & Uber. Special cashback rate 1.5%.
Dining Benefits
Customers can avail 10% discount on restaurant bill payments via Swiggy Dineout (only partner restaurants).
Other Benefits
The card comes with lower interest rate of 0.99% for the first 90 days on non-EMI spendings from card issuance date.
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will receive 500 CashPoints (applicable only on payment of membership fee).
Milestone Benefits
None.
Cashback Rate
Users will get 1 reward point for every INR 100 spent.
1 CashPoint = Rs. 0.15 for redemption against product catalogue, SmartBuy, and cashback. Effective cashback rate: 0.15%.
1 RP for product catalogue 0.15. Effective cashback rate: 0.15%.
For unified SmartBuy (Flights/Hotels), the effective cashback rate is 0.15%.
10X CashPoints on Big Basket, BookMyshow, OYO, Swiggy & Uber. Special cashback rate 1.5%.
Movie Benefits
10X CashPoints on Big Basket, BookMyshow, OYO, Swiggy & Uber. Special cashback rate 1.5%.
Dining Benefits
Customers can avail 10% discount on restaurant bill payments via Swiggy Dineout (only partner restaurants).
Other Benefits
The card comes with lower interest rate of 0.99% for the first 90 days on non-EMI spendings from card issuance date.
Lounge Access
None.
Fees & Charges
Joining Fee
INR 500/- + Applicable Taxes
Annual Fee
N.A.(Not Applicable)
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 – ₹500/- + Applicable Taxes | Reward Redemption Fees: Rs. 99/-
Fees & Charges
Joining Fee
INR 500/- + Applicable Taxes
Annual Fee
N.A.(Not Applicable)
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 – ₹500/- + Applicable Taxes | Reward Redemption Fees: Rs. 99/-
Special Features
None
Eligibility Criteria
Salaried
Indian nationality. Age: Min 21 yrs. & Max 60 Yrs.,
Income: Gross Monthly Income> ₹12,000
Self Employed
Indian nationality. Age: Min 21 yrs. & Max 65 Yrs.
Income: ITR > ₹6.0 Lakhs per annum
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Go to the HDFC Bank website. Click on the "Credit Cards" tab.
Click on the "Apply for a Credit Card" button.
Select the "Freedom Credit Card" from the list of cards.
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 card offers low cashback rate. The card also provides standard value add features.
The card offers low cashback rate. The card also provides standard value add features.
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