HDFC Bank revises reward point program for these cardholders

• From January 1, 2023, the country's largest lender HDFC Bank has revised its reward points program and fee structure for select reward points.

From January 1, 2023, HDFC Bank, the country's largest lender, has revised its reward points program and fee structure for select reward points. The Bank has modified the Reward Points program so that payment of fares will not earn Reward Points on all cards, when redeeming points for flight and hotel reservations, Tanishq vouchers, statement balance (cashback redemption), or certain products and vouchers. is used for.

hdfc bank new reward point program

HDFC Bank has said in a notice that "with effect from January 1, 2023, the Reward Points Program on your HDFC Bank Credit Card has been revised." , which cardholders should be aware of.

1. Redemption of Reward Points for flight and hotel bookings on the HDFC Bank SmartBuy portal is capped at 1,50,000 Reward Points for Infinia, 75,000 Reward Points for Diners Black and 50,000 Reward Points for all other cards per calendar month Will be

2. The maximum limit for redemption of Reward Points for Tanishq Vouchers on the HDFC Bank SmartBuy portal will be 50,000 Reward Points per calendar month for Infinia Cards.

3. Redemption of Reward Points against statement balance (cashback redemption) will be capped at 3,000 Reward Points per calendar month for Millenia, Easy EMI Millenia, Bharat, Pharmacy and Paytm cards and 50,000 Reward Points for all other cards. With effect from 1 February 2023.

4. For select products and vouchers, the redemption of Reward Points will be capped at 70% of the total value. The balance amount should be paid using the same credit card from 1 February 2023 onwards. This is not applicable for Infina & Diners Black cards.

5. a. Fare payment will not earn reward points on all cards. B. Government related transactions will not earn reward points on all cards except Business Regalia, Business Regalia First, Business Money Back, CSC Small Business MoneyBack, Paytm Business, Flipkart Business, Retailio, Best Price Save Smart, Best Price Save Max and Pinlabs. C. Education related transactions will not earn reward points on Business Regalia, Business Regalia First, Business Money Back, CSC Small Business MoneyBack, Paytm Business, Flipkart Business, Retelio, Best Price Save Smart, Best Price Save Max and PinLab.

6. Reward Points earned on grocery transactions per calendar month will be capped at: a. 2000 reward points for Infinia, Diners Black, Regalia, Regalia Gold, Regalia First, Business Regalia , Business Regalia First, Diners Privilege, Diners Premium, Diners Clubmiles, Tata Neu Infinity card and, b. 1000 reward points for rest of the cards.


Revision of fee structure from 1st January 2023 as per HDFC Bank official website

1. For rent payments made through third party merchants, a fee of 1% of the total transaction amount will be levied from the second rent transaction of the calendar month.

2. If you transact (in-store or online) in Indian currency at an international location or with a merchant based in India but registered overseas, a dynamic and fixed conversion markup of 1% will be charged.

As on June 30, 2022, the bank had a national distribution network of 6,499 branches and 18,868 ATMs in 3,226 cities and towns.