HDFC Bank Credit Card Limit

When you get your HDFC Credit Card, you will be able to see 3 types of credit limits mentioned on your welcome document- Total Limit, Available Limit and Cash Limit.

HDFC Card Total Credit Limit

The total credit limit is the maximum limit you can avail on your HDFC Credit Card. Every time you make a transaction, the limit will be deducted by the amount of purchase and it will be restored as and when you pay credit card bills.

HDFC Card Available Credit Limit

The available credit limit is the credit amount that is available for purchases as on the specified date. 

For example, if the total credit limit on your HDFC Card is Rs.1 lakh and you make a purchase of Rs. 30,000, then the available credit limit will be Rs. 70,000.

HDFC Card Cash Limit

The cash limit is the amount included in the credit limit assigned to your credit card account that can be withdrawn as cash. It is to be noted that credit card cash withdrawal attracts applicable interest charges and cash withdrawal fee. 

For example, if the credit limit of your card is Rs. 2 lakh, the cash advance limit on it would generally vary between 20%-80% of the same. If the cash limit is 20%, you can withdraw Rs. 40,000 as cash by using your credit card.

Our Advice Credit Card Cash Advance may look like the most convenient way of getting some cash at your disposal but it is also the most expensive one. Cash advances should not be used unless there is no other way out. It is advised not to use your credit card for cash as it has extremely high-interest charges, unless an emergency.

While applying for an HDFC Bank credit card, many documents need to be submitted based on which bank decides the credit limit of your card. However, the other factors that decide HDFC Bank credit card limit are listed below-

Factors That Decide HDFC Bank Credit Card Limit

1. Credit History- Credit usage and repayment pattern indicate your creditworthiness. Timely payment of loans and managing the debts well create a good credit history which entitles for a better credit limit for the credit card. 2. Credit Score- A good credit score means you are good with handling credit and could give you a higher credit limit, with other factors remaining constant 3. Income- Higher the income, better the chance of getting a higher credit limit. However, this is subjected to your debt to income ratio. 4. Outstanding Debts/Loans/EMI Payable- Higher your debt amount, the higher the EMI payment. This reduces your credit limit significantly.

Also Read: How Banks Determine the Limit on your Credit Card

If you are using HDFC Internet Banking, you can log in to your account and check your credit limit. You can also do the same via HDFC Mobile App. In both these methods, the credit limit will be displayed on your dashboard.

Checking HDFC Credit Card Limit via SMS

To know your available credit limit, send SMS in a predefined format to the below-mentioned number. Send- 

CCACL XXXX to 5676712

XXXX stands for the last 4 digits of your HDFC Credit Card number. The SMS must be sent from the mobile number registered with the bank.

Following are the few ways to increase your Credit Card limit-

Ways To Increase Your Credit Card Limit
Apply for a New Card	Applying for a new and upgraded card may give you a limit increase. You can choose from a wide variety of cards offering additional benefits compared to your existing card
Request for increased limit on existing card	Increasing the limit on your existing card is another option. If requested, HDFC Bank can increase the credit limit on the existing card based on your credit score and payment history
Provide more information	Sometimes banks may be unaware of any change in your financial status that could make you eligible for a higher credit card limit
Annual increase	Many banks offer an annual increase in credit limit if you have paid the balance on time. You can check with your bank regarding the same
Improve your credit score	Banks consider credit score while setting credit limits, it’s better to ensure that you have a good score. You can do so by paying all your dues including EMIs in full and on time

You can also apply for credit card limit enhancement via HDFC Net Banking. Follow the below mentioned steps for the same-

Step 1- Click here to visit the HDFC Net Banking portal.

Step 2- Login using your Login ID and Password.

Step 3- Click on the “Cards” option from the menu.

Step 4- Now click on the “Request” option and then select the “Credit limit enhancement” option.

Step 5– Enter your Credit Card Number and proceed further.

The bank will verify your application and contact you regarding further processing.

You can also request for a credit limit increase by contacting HDFC Customer Care on the below mentioned number. Dial-. 

61606161 / 6160616 / 1800 266 4332

The service is available 24 hours on all days including Sundays and Bank holidays.

How can I increase my HDFC credit card limit?

You can visit the net banking portal of HDFC and choose to increase your credit limit. Alternatively, eligible users can also SMS ‘CCACL XXXX (last 4 digits of your card number) to 5676712’ from the mobile number registered with the bank.

What is my credit card outstanding balance?

Your credit card outstanding balance is an aggregate of unpaid charges billed to your HDFC Card account during a particular month. It consists of the following-

• Purchases
• Purchase Returns
• Payments
• Insurance Premiums
• EMIs
• Interest
• Fees and other charges

Can I spend more than my HDFC credit limit?

Credit limit is the maximum spending limit given on credit cards. For example, if the credit card has a credit limit of Rs. 25,000 then you can spend and use only Rs. 25,000 and not beyond that.

How is the credit limit calculated?

Most companies check your credit reports and gross annual income level to determine your credit limit. Factors that issuers like to consider include your repayment history, the length of your credit history and the number of credit accounts on your report, etc.

What happens if I don’t pay the HDFC credit card bill?

If you fail to pay even the minimum amount due on your HDFC credit card, you will be charged a late payment fee that would be added to your next credit card statement. The late payment charge depends on the total outstanding on the card. Finance charges will also start accruing on the unpaid balance untill you make the payment in full. Also any reward points that you have accrued on your card may also be suspended by the bank.

Does the credit limit increase automatically?

Many credit card issuers review accounts periodically and automatically offer an increased credit limit to the cardholders who meet their defined criteria. However, cardholders need to approve the limit increase in order for it to be added to their existing limit.