HDFC UPI RuPay Credit Card
Product Details
Credit Card Name :
HDFC UPI RuPay Credit Card
Bank Name :
HDFC Bank
Type :
General Credit Card
Interest Rate :
3.6% per month (i.e., 43.2% per annum)
Eligibility :
Age: 18 and 65 years old
Resident of India
For salaried individuals, the minimum monthly income required is ₹20,000.
For self-employed individuals, the minimum annual income (ITR) should be ₹6,00,000
Pros
Rewards: 3% Cashpoints on Groceries, SuperMarket & Dining spends & PayZapp transactions. (A maximum of 500 Points can be earned in a calendar month), 2% Cashpoints on Utility spends (A maximum of 500 Points can be earned in a calendar month), and 1% Cashpoints on other spends.
Other Benefits: Get renewal membership fee waived off by spending ₹25,000 and above in an annual year
Cons
Very basic credit card
Low reward rate
No travel or other premium features available
Pros & Cons
Welcome Benefits
None
Rewards System
3% Cashpoints on Groceries, SuperMarket & Dining spends & PayZapp transactions. (Maximum of 500 Points can be earned in a calendar month)
2% Cashpoints on Utility spends (Maximum of 500 Points can be earned in a calendar month)
1% Cashpoints on other spends
1 RP= 0.25 paisa.
International Forex Markup
IFM: 3.5%
Welcome Benefits and Reward System
Special Features
UPI Transactions can be made through this Credit Card
Eligibility Criteria
Age: 18 and 65 years old
Resident of India
For salaried individuals, the minimum monthly income required is ₹20,000.
For self-employed individuals, the minimum annual income (ITR) should be ₹6,00,000
Benefits
UPI transactions via credit card
Cashpoints on every spent
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Offered to existing customers with RuPay credit cards.
Contact Details
1800 1600 / 1800 2600
Account Opening and Procedure
HDFC UPI RuPay Credit Card
This card can be a decent choice for those who prioritize UPI payments and cashback on groceries, dining, and supermarkets. However, the low redemption value of cashback points and monthly caps mean you might not earn significant rewards unless you spend a lot. Also, it seems HDFC has stopped offering new applications for this card. Check their website for updates on new credit card offerings or contact their customer service to see if there are alternatives.
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 - ₹99/- + Applicable Taxes.
Interest Rates: 3.6% per month (i.e., 43.2% per annum)
Foreign Currency Mark-up Fees: 3.5%
Cash Advance Charges: 2.5% or ₹500 whichever is higher.
Late Payment Charges: Ranges from INR 100 to INR 1300
Fuel Surcharge
N/A
Billing Cycle
30 Days