Freedom Credit Card
Rewards & Benefits
Welcome Benefits
500 CashPoints (applicable only on payment of membership fee).
Milestone Benefits
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%.
Cashback on AirMiles is 0.15%.
10X CashPoints on Big Basket, BookMyshow, OYO, Swiggy & 5X CashPoints on EMI spends at merchant locations Dining Privileges of up to 20% on all restaurant bill payments via Swiggy Dineout.
Movie Benefits
Dining Benefits
Other Benefits
Uber The card comes with lower interest rate of 0.99% for the first 90 days on non-EMI spendings from card issuance date.; This card also provides zero lost Card liability and a revolving credit facility.
Lounge Access
Fees & Charges
Joining Fee
Annual Fee
Cash Advance Fee
Cash advance fee: 2.5% or ₹ 500 whichever is higher.
Interest rate
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/-
दोष
No lounge access facility available.
Welcome Benefit: Users will receive 500 CashPoints (applicable only on payment of membership fee).
Reward System: 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%. Cashback on AirMiles is 0.15%.
Customers can get upto 10X CashPoints on Big Basket, BookMyshow, OYO, Swiggy & Uber, and 5X CashPoints on EMI spends at various merchants.
The card comes with lower interest rate of 0.99% for the first 90 days on non-EMI spendings from card issuance date.
This card also provides zero lost Card liability and a revolving credit facility.
Customers can avail of dining privileges and get up to 20 % savings on all restaurant bill payments via Swiggy Dineout.
पक्ष विपक्ष
Welcome Benefits
500 CashPoints (applicable only on payment of membership fee).
पुरस्कार प्रणाली
अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप
IFM- 3.5%
स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण
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
विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?
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.
सम्पर्क करने का विवरण
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.
खाता खोलने की प्रक्रिया और प्रक्रिया
विशेष विशेषता, पात्रता और लाभ
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Welcome Benefit: Users will receive 500 CashPoints (applicable only on payment of membership fee).
Reward System: 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%. Cashback on AirMiles is 0.15%.
Customers can get upto 10X CashPoints on Big Basket, BookMyshow, OYO, Swiggy & Uber, and 5X CashPoints on EMI spends at various merchants.
The card comes with lower interest rate of 0.99% for the first 90 days on non-EMI spendings from card issuance date.
This card also provides zero lost Card liability and a revolving credit facility.
Customers can avail of dining privileges and get up to 20 % savings on all restaurant bill payments via Swiggy Dineout.
No lounge access facility available.
The Freedom Credit Card by HDFC Bank is a good pick for first-time cardholders. However, it provides very limited benefits to the users. If you love going out for movies or dine-outs, the Freedom Card would be a good choice as it earns you accelerated Reward Points on movies and exciting discounts on dining spends. But it does not provide any travel benefits like lounge access, and insurance benefits.
The Freedom Credit Card by HDFC Bank is a good pick for first-time cardholders. However, it provides very limited benefits to the users. If you love going out for movies or dine-outs, the Freedom Card would be a good choice as it earns you accelerated Reward Points on movies and exciting discounts on dining spends. But it does not provide any travel benefits like lounge access, and insurance benefits.
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
उत्पाद समीक्षा
फीस एवं प्रभार
Joining/Renewal Membership Fee – ₹500/- + 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/-
ईंधन अधिशुक्ल
1% Fuel Surcharge waiver on fuel transactions (Minimum transaction of ₹400, Maximum transaction of ₹5,000 & Maximum waiver of ₹250 per statement cycle)
Billing Cycle
30 Days