The Tata Neu Infinity HDFC Bank RuPay Credit Card might be a good choice if you want a credit card that gives you great points and discounts on a lot of different things. This card, which works with RuPay, lets you get up to 5% back in NeuCoins when you shop at Tata Neu and partner Tata brands like Tanishq, Westside, Star Bazaar, Croma, Taj Hotels, and more. There is also a 1.5% NeuCoin reward for all other qualified transactions, such as UPI and merchant EMI transactions. NeuCoins are points that you can use on the Tata Neu website or app to get coupons, goods, or services. One NeuCoin is equal to INR 1.
Features and Benefits of Tata Neu Infinity HDFC Bank Credit Card
Here are some of the key features and benefits of this card that make it an attractive option for shoppers and travelers:
Welcome Benefit: If a user makes their first purchase within 30 days of the card being issued, they will receive 499 NeuCoins on the Tata Neu app. These can be claimed within 60 days of the transaction.
Reward Benefit: You get a free NeuPass membership that lets you earn an extra 5% NeuCoins on certain purchases made through the Tata Neu app or website. These purchases can be for things like groceries, medicines, clothes, gadgets, travel, and more. You will also get 1.5% back in NeuCoins on purchases made with any seller EMI and brands that are not Tata.
UPI Benefit: Users can link their RuPay credit card directly to their UPI app and can earn an additional 1.5% back as NeuCoins on any eligible UPI payments by using Tata Neu UPI ID on this card. Total NeuCoins earned on all UPI payments are be capped at 500 NeuCoins per calendar month.
Airport Lounge Access: You get 8 complimentary domestic airport lounge access and 4 complimentary international airport lounge access per calendar year using your RuPay card or Priority Pass, respectively. You can enjoy free Wi-Fi, refreshments, newspapers, and magazines at the lounges.
Fuel Surcharge Waiver: You get a 1% fuel surcharge waiver on fuel transactions between Rs. 400 and Rs. 5,000 at all petrol pumps in India. The maximum waiver amount is Rs. 500 per statement cycle.
Zero Lost Card Liability: You get a zero liability cover for any fraudulent transactions made on your card after you report the loss of your card to the 24-hour customer care center.
Foreign Currency Markup: You get a low foreign currency markup of 2% on all your international transactions, which is lower than the industry average of 3.5%.
Revolving Credit: You get the option to pay only the minimum amount due on your card and carry forward the balance at a nominal interest rate.
Fees and Charges of Tata Neu Infinity HDFC Bank RuPay Credit Card
The fees and charges of this card are as follows:
Joining Fee: Rs. 1,499 (currently waived off as a limited period offer)
Renewal Fee: Rs. 1,499 (waived off if you spend Rs. 3 lakh or more in the preceding year)
Interest Rate: Up to 3.6% per month (43.2% per annum)
Cash Advance Fee: 2.5% of the amount withdrawn or Rs. 500, whichever is higher
Late Payment Fee: Rs. 100 to Rs. 950 depending on the statement balance
Overlimit Fee: 2.5% of the overlimit amount or Rs. 500, whichever is higher
Cheque Return Fee: Rs. 550 per cheque
Payment Return Fee: 2% of the payment amount or Rs. 450, whichever is higher
Cash Processing Fee: Rs. 100 per statement.
Rewards Redemption Fee: Rs. 99 per redemption request.
How to Apply for Tata Neu Infinity HDFC Bank RuPay Credit Card
You can apply for this card online by visiting the HDFC Bank website or the Tata Neu website and filling out the application form with your personal and professional details. You will also need to upload some documents such as your identity proof, address proof, income proof and PAN card. Alternatively, you can visit your nearest HDFC Bank branch and submit your application along with the required documents.
You will need to meet the following eligibility criteria to apply for this card:
- You should be an Indian citizen
- You should be at least 21 years old
- You should have a good credit score and history
- You should have a stable source of income
Conclusion
People who want to save money and get points on a wide range of purchases should get the Tata Neu Infinity HDFC Bank RuPay Credit Card. This card is especially good for people who buy Tata Neu and partner Tata brands. The card has other benefits too, like access to airport lounges, fuel surcharges waiver, no responsibility for lost cards, and a low markup on foreign currencies. The yearly fee for the card is fair, and you can get it waived if you meet certain spending requirements. The card does have some problems, though. For example, it has a high interest rate, a fee to cash in rewards, and only a few partner names. So, before you get this card, you should think about its pros and cons.
If you want to read a more detailed review of this card and find out its AI-powered unbiased rating, click here
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