Planning to apply for the HDFC Bank Freedom Credit Card? Here’s a breakdown of its standout features, benefits, and eligibility criteria to help you decide:
Key Features
1. Reward Points
- Earn 10X CashPoints on popular merchants: Bigbasket, BookMyShow, OYO, Swiggy, and Uber.
- Get 1 CashPoint per ₹150 on other spends (excluding fuel and wallet loads).
- Note: Grocery transactions are capped at 1,000 reward points/month (from Jan 1, 2023).
2. Dining Discounts
- 20% off at partner restaurants via Swiggy Dineout.
- Additional benefits under the Good Food Trail program.
3. Annual Fee
- ₹500 + taxes.
- Spend ₹50,000/year to get the renewal fee waived.
Additional Features
1. Zero Lost Card Liability
- Report loss immediately via HDFC’s 24x7 call center to avoid liability on fraudulent transactions.
2. Interest-Free Credit Period
- Up to 50 days from the purchase date (subject to merchant submission).
3. Revolving Credit
- Flexible payment options with a nominal interest rate.
4. Exclusive Swiggy Dineout Savings
- Enjoy up to 20% savings on restaurant bills paid via the Swiggy app.
Eligibility Criteria
1. For Salaried Individuals
- Age: 21–60 years.
- Minimum monthly income: ₹12,000.
2. For Self-Employed Individuals
- Age: 21–60 years.
- ITR requirement: ₹6 lakh+.
Maximize your spends with HDFC Freedom Credit Card.