Marriott Bonvoy HDFC Credit Card
Product Details
Credit Card Name :
Marriott Bonvoy HDFC Credit Card
Bank Name :
HDFC Bank
Type :
Lifestyle Credit Card
Interest Rate :
3.6% per month (i.e., 43.2% per annum)
Eligibility :
Salaried Indian National:
Age: Min 21 years & Max 60 Years
Net Monthly Income> Rs 1,00,000
Self-Employed Indian National:
Age: Min 21 years & Max 65 Years
Income: ITR > Rs 15 Lakhs per annum.
Pros
Welcome Benefit: Complimentary Marriott Bonvoy Silver Elite Status, and 1 Free Night Award plus 10 Elite Night Credits on the first spend transaction.
Milestone Benefit: 1 Free Night Award on Eligible Spend of INR 6 lakhs in an Anniversary Year, 1 Free Night Award on Eligible Spend of INR 9 lakhs in an Anniversary Year, and 1 Free Night Award on Eligible Spend of INR 15 lakhs in an Anniversary Year.
Rewards: Earn 8 Marriott Bonvoy Points per Rs. 150 spent at Marriott Bonvoy, Earn 4 Marriott Bonvoy Points per Rs. 150 spent on travel, dining & entertainment, and Earn 2 Marriott Bonvoy Points per Rs. 150 spent on all other applicable purchases. 1 RP= INR 0.30 Effective Cashback Rate: 3.6%
Other Benefits: Complimentary Golf Access 2 per quarter across the world, 12 complimentary lounge access within India and outside India.
Cons
High Annual Fee: The card comes with a relatively high annual fee compared to other travel cards in the market. This fee needs to be offset by the benefits and rewards you plan to utilize to make the card worthwhile.
Limited Reward Earning Outside Travel: The card offers a lower reward rate for non-travel categories compared to some travel cards, making it less beneficial for everyday spending.
Pros & Cons
Welcome Benefits
Welcome Benefit: Complimentary Marriott Bonvoy Silver Elite Status, and 1 Free Night Award plus 10 Elite Night Credits on the first spend transaction.
Rewards System
Earn 8 Marriott Bonvoy Points per Rs. 150 spent at hotels participating in Marriott Bonvoy
Earn 4 Marriott Bonvoy Points per Rs. 150 spent on travel, dining & entertainment
Earn 2 Marriott Bonvoy Points per Rs. 150 spent on all other applicable purchases
1 RP= INR 0.30
Effective Cashback Rate: 3.6%
International Forex Markup
IFM: 2.5%
Welcome Benefits and Reward System
Special Features
1 Free Night Award and 10 Elite Night Credits on first spend transaction
Eligibility Criteria
Salaried Indian National:
Age: Min 21 years & Max 60 Years
Net Monthly Income> Rs 1,00,000
Self-Employed Indian National:
Age: Min 21 years & Max 65 Years
Income: ITR > Rs 15 Lakhs per annum.
Benefits
Free hotel stay
Golf and lounge access facility
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Visit the HDFC Bank website: https://www.hdfcbank.com/
Go to the "Credit Cards" section and select "Marriott Bonvoy Credit Card".
Click on "Apply Now".
Fill out the online application form with your personal details, income information, and employment details.
Upload the required documents (PAN card, address proof, income proof, etc.).
Submit the application and wait for a response from HDFC Bank.
Contact Details
18003093100
support@marriotthdfcbank.com.
Account Opening and Procedure
Marriot Bonvoy HDFC Credit Card
The HDFC Bank Marriott Bonvoy Credit Card shines for frequent Marriott travelers seeking rewards and benefits within the Marriott Bonvoy program. The welcome bonus, free night stay, and potential for elite status can be valuable for those who regularly stay at Marriott properties. However, for individuals who don't prioritize Marriott stays or seek broader travel flexibility, the high annual fee and limited benefits outside the Marriott Bonvoy program make this card less appealing.
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. 3000 + Applicable Taxes
Cash Advance Charges: 2.5% or ₹500 whichever is higher
Interest Rate: 3.6% per month (i.e., 43.2% per annum)
Late Payment Fees: Ranges from INR 100 to INR 1300.
Foreign Exchange Mark-up fees: 2.55
Fuel Surcharge
N/A
Billing Cycle
30 Days