HDFC Freedom Card
Last Updated : Nov. 17, 2023, 4:51 p.m.
Have you heard about the HDFC Freedom Card? It’s pretty cool! You get all sorts of rewards and benefits that match your lifestyle. From cashback deals to personalized reward programs, this credit card lets you choose how you want to be rewarded. It’s all about giving you the freedom to spend, save, and earn in ways that work best for you. So, if you’re looking for an HDFC credit card that understands and adapts to your unique needs, you should definitely check out the HDFC Freedom Card.
HDFC Freedom Card – Benefits
| Reward Category | Reward Rate | Maximum Monthly Earnings |
|---|---|---|
| Favorite merchants (Big Basket, BookMyShow, OYO, Swiggy & Uber) | 10X CashPoints | 2,500 CashPoints |
| EMI spends | 5X CashPoints | 2,500 CashPoints |
| Other spends (excluding fuel, wallet/prepaid card loads, voucher purchases) | 1 CashPoint per ₹150 | No limit |
| Lower interest rate on non-EMI spends for first 90 days | 0.0099 | N/A |
| Discount on partner restaurants via Swiggy Dineout | Up to 20% | N/A |
Other Features
| Feature | Description |
|---|---|
| Zero Lost Card Liability | No liability for fraudulent transactions after reporting lost card to the 24-hour call center. |
| Interest-Free Credit Period | Up to 50 days of interest-free credit from the date of purchase. |
| Revolving Credit | Enjoy revolving credit at nominal interest rates. |
| Exclusive Dining Privileges | Save up to 20% on restaurant bills via Good Food Trail and Swiggy Dineout. |
| Fuel Surcharge Waiver | 1% fuel surcharge waiver on fuel transactions between ₹400 and ₹5,000. |
| Welcome/Renewal Benefit | Receive 500 CashPoints upon payment of the membership fee. |
| Renewal Offer | Get renewal membership fee waived off by spending ₹50,000 or more in a year. |
Redeeming CashPoints on HDFC Bank Freedom Credit Card – Easy Steps:
- Make regular transactions using your HDFC Bank Freedom Credit Card to accumulate CashPoints based on your spending.
- Keep track of your CashPoints balance, which can be viewed on your monthly credit card statement or through Net Banking.
- Decide how you want to redeem your CashPoints – statement balance, travel benefits, or exciting products from the Rewards Catalogue.
- Access the flexibility to redeem CashPoints through the convenience of Net Banking, Phone Banking, or redemption form.
- Enjoy the freedom to use CashPoints for Flight & Hotel bookings through the SmartBuy Rewards Portal. Get up to 50% of the booking value covered with CashPoints.
- Be aware of the monthly redemption limits introduced from 1st January 2023, ensuring you stay within the capped limits. Applicable for flights, hotels, and CashBack.
- Take advantage of the enhanced flexibility as of 1st February 2023, allowing cardmembers to redeem up to 70% of the product/voucher value using Reward points.
- If opting for CashBack, make sure you have a minimum of ₹500 equivalent in CashPoints.
- Stay informed about the validity of your CashPoints, as they are valid for a period of 2 years from the date of the transaction.
- Utilize the Rewards Value Table to understand the equivalent value of 1 Reward Point across various redemption categories, including the Product Catalogue, Unified SmartBuy (Flights/Hotels), Cashback, and Airmiles.
By following these steps, you can effortlessly unlock the full potential of your HDFC Bank Freedom Credit Card and make the most of your earned CashPoints.
Fees & Charges
| Joining/Renewal Membership Fee | Applicable Taxes | Renewal Offer |
|---|---|---|
| ₹500/- | Applicable | Spend ₹50,000 or more in a year and get your renewal fee waived off |
Conclusion
In conclusion, the HDFC Bank Freedom Credit Card not only offers the freedom to spend but also CashPoints. From statement balance reductions to exciting travel benefits and an extensive Rewards Catalogue, this card ensures flexibility and value. With monthly redemption limits, enhanced voucher redemption flexibility, and a straightforward process, it is a rewarding financial companion.
