HDFC Bank has revised the eligibility requirements for its premium credit cards, including the Infinia and Diners Club Black cards, to ensure they are issued to customers with optimal spending potential.
Infinia Card Eligibility:
- Salaried Individuals: Monthly income of ₹5 lakh
- Self-Employed: Income Tax Return (ITR) of ₹60 lakh
- Government Employees: Monthly income of ₹3.5 lakh
Diners Club Black Card Eligibility:
- Salaried Individuals: Monthly income of ₹2.5 lakh
- Self-Employed: ITR of ₹30 lakh
- Government Employees: Monthly income of ₹1.75 lakh
Regalia Gold Card Eligibility:
- Salaried Individuals: Monthly income of ₹1.5 lakh
- Self-Employed: ITR of ₹18 lakh
- Government Employees: Monthly income of ₹1 lakh
Key Points:
- The new eligibility criteria are effective immediately for new applications but will not affect renewals.
- These super premium cards are generally offered to customers with excellent credit scores, high incomes, and a solid repayment history.
- Super premium credit cards come with a host of benefits, including higher credit limits, dining discounts, free airport lounge access, and elevated reward points on spending.
- They charge a lower interest rate of 1.99% per month (23.88% annually) compared to regular cards, which charge 3.75% per month (45% annually).
This update reflects HDFC Bank’s commitment to aligning its premium offerings with the right customer profiles, ensuring a better spend-cost ratio for cardholders.