HDFC Bank is offering an attractive festival season waiver on annual fees for select credit cards, valid through December 31. Here’s a breakdown:
1. Eligible Cards: Swiggy HDFC, Tata Neu Plus, Tata Neu Infinity, Freedom, and BizFirst credit cards.
2. Conditions: Only the joining/annual fee is waived, and spending requirements must be met annually to avoid renewal fees. For example, Tata Neu Plus has a ₹499 fee, while Tata Neu Infinity is ₹1499—both waived if thresholds are met.
3. Lifetime Free Options: Certain customers with high creditworthiness may receive Lifetime Free (LTF) offers.
4. Other Fees: These cards may still carry fees for specific services, like cash withdrawals, over-limit charges, and interest on unpaid balances. Using your card within limits and paying on time can help keep costs low.
5. Key Benefits: During festival season, new cardholders can enjoy credit cards with waived joining fees, while loyal customers with a good track record may secure LTF cards.
Apply now: HDFC Credit Cards
While annual fees may be waived, HDFC’s “lifetime free” cards are typically for high-income earners or longstanding customers. For others, hitting the required spend is essential for maintaining the waiver.