HDFC Freedom Credit Card is best suited for first-time credit card users. Cardholders get bonus reward points on birthday, dining, groceries and so on. Get to know more about this credit card below.
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Best Suited For – Regular spends, Fuel and Rewards
*Offers are from Paisabazaar's partner Banks & NBFCs.
HDFC Freedom Credit Card is best suited for first-time credit card users. Cardholders get bonus reward points on birthday, dining, groceries and so on. Get to know more about this credit card below.
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Customers get to avail the following features on their HDFC Freedom Credit Card:
Welcome Benefit – Get 500 Reward Points
Renewal Benefit – Get 500 Reward Points on Payment of Renewal Fee
Reward Points – Get 25x reward point on birthday spends. Earn 10x reward points on PayZapp and SmartBUY spends. 5x reward points are earned on Dining, Movies, Groceries, Railways, Taxi payments
Redemption – Earned reward points can be redeemed through catalogue purchases or cash back
Fuel Surcharge Waiver – Avail up to Rs. 250 off on fuel surcharge per statement cycle
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The benefits that users of HDFC Freedom Credit Card can avail are:
Gift Voucher – Get a gift voucher worth Rs. 1000 on reaching an annual spend of Rs. 90,000
Annual Fee Waiver – No need to pay an annual fee if spends cross Rs. 50,000 in a year
Accidental Death Insurance Cover – Avail this benefit by using the card at least 4 times in a month. The primary cardholder is insured up to Rs. 50 lakh
Fire and Burglary Protection – Get this protection on all goods worth more than Rs.5000 for 180 days
The fees and charges associated with HDFC Freedom Credit Card are:
Type of Fee or Charge | Amount |
Annual/Renewal Fee | Rs. 500 |
Cash Advance Fees | 2.5% of the amount/Min. Rs. 500 |
Late Payment Charges | For Statement Balance Less Than Rs. 100 – Nil Rs. 100 to Rs. 500 – Rs. 100 Rs. 501 to Rs. 5000 – Rs. 500 Rs. 5000 to Rs. 10000 – Rs. 600 Rs. 10001 to Rs. 25,000 – Rs. 800 Amount over Rs. 25,000 – Rs. 950 |
Additional Card Fee | Nil |
Charges on Revolving Credit | 3.49% per month or 41.88% p.a. |
Over limit Account Charge | 2.5% of amount/ Min. Rs. 500 |
Payment Return Fee | 2% of amount/ Min. Rs. 450 |
Cash Processing Fee | Rs. 100 |
Reward Redemption Fee | Rs. 99 per request |
Balance Transfer Processing Charge | 1% of BT amount / Min. Rs. 250 |
Reissue of Credit Card | Rs. 100 |
Foreign Currency Mark-up Fee | 3.5% of the amount |
Applicants must meet the following requirements if they want to successfully apply for this credit card:
Key documents such as identity proof, residence proof and income proof, PAN Card are required for verification by HDFC Bank at a later stage
Apply for this credit card by following the below-laid steps:
Freedom Credit Card can also be applied through HDFC Bank’s website or by visiting the nearest HDFC Bank branch.
What is the Joining fee and Renewal Fee on this credit card?
The Joining Fee and Renewal Fee on this HDFC Bank credit card are Rs. 500.
What eligibility criteria must the applicant meet when applying for this credit card?
The eligibility criteria for this credit card are:
For Salaried Individuals
Minimum Age – 21 Years/ Maximum Age – 60 Years
Gross Monthly Income – Must be above Rs. 12,000
Minimum Age – 21 Years/ Maximum Age – 65 Years
Income Tax Returns must be above Rs. 2 lakhs per annum
Can users get a waiver on annual fees?
If users manage to spend Rs. 60,000 in a year then they can get an annual fee waiver
Credit Card | Annual Fee | Reward Points | Net Savings |
HDFC Freedom Credit Card | Rs.500 | Earn 500 reward points as a welcome gift and 500 reward points on payment of renewal fee | Rs. 1,744* Rs. 2,488** |
Standard Chartered Super Value Titanium Credit Card | Rs.750 | Earn 1 reward point for every Rs. 150 spent | Rs. 9,834* Rs.12,930** |
ICICI Bank Coral Contactless Card | Rs.500 | Earn 2 PAYBACK points per Rs. 100 spent | Rs.10,636* Rs. 15,772** |
Yatra SBI Card | Rs. 499+ Taxes | Earn 6 reward points on every Rs. 100 spent on departmental stores, grocery, dining, movies, entertainment, and international spends and 1 reward point on every Rs. 100 spent on all other categories | Rs. 13,451* Rs. 19,151** |
HSBC Smart Value Credit Card | Rs. 499 | Earn 1 reward point for every Rs. 100 spent and 3X accelerated reward points on online, dining, and telecom categories | Rs. 7,174* Rs. 10,662** |
*On spending Rs.2 lakh annually
**On spending Rs.4 lakh annually
People also looked for the following reward credit cards:
Credit Card | Annual Fee | Key Feature | Paisabazaar Rating |
Rs. 1,000 | Earn 1 reward point for every Rs. 125 spent Earn 10X reward points on apparel and departmental store spends | 4.2/5 | |
Rs. 250 | Earn 5X reward points on dining and fuel spends Earn 1 reward point on every spending of Rs. 150 on all the other categories | 3.5/5 | |
Rs. 350 | Earn 3 reward points on every Rs. 100 spent on Grocery and Supermarket spends Earn 2 reward points are earned per Rs. 100 spent on other categories | N/A | |
Rs.1,000 | Earn 1000 Reward Points on successful sign-up Earn 3 Reward Point per Rs. 150 spent on retail | N/A |
Paisabazaar had my credit card issued in just 5 days. Love them.
Paisabazaar had my credit card issued in just 5 days. Love them.
Thank you Paisabazaar for being so humble and helping me find a great scheme.
Thank you Paisabazaar for being so humble and helping me find a great scheme.
Thank god for such a brilliant association. Love the schemes and benefits.
Thank god for such a brilliant association. Love the schemes and benefits.
HDFC is the portal, I have trusted all my life. It is great.
HDFC is the portal, I have trusted all my life. It is great.
I am glad I chose to get my credit card from HDFC. They are the best.
I am glad I chose to get my credit card from HDFC. They are the best.
HDFC literally is one portal that gives you rewards on everything, It is the best
HDFC literally is one portal that gives you rewards on everything, It is the best
Shopping is now so much more cheaper. Thanks to the rewards I get with HDFC.
Shopping is now so much more cheaper. Thanks to the rewards I get with HDFC.
HDFC is extremely generous with offers. I enjoy regular offers on movies, taxis and dining.
HDFC is extremely generous with offers. I enjoy regular offers on movies, taxis and dining.