HDFC Bank UPI RuPay Credit Card
Joining Fee: ₹99 + GST
Renewal Fee: ₹99 + GST
Reward Type: Reward Points
Rewards Structure
3% Cashpoints: On grocery, supermarket, dining, and PayZapp spends, capped at 500 Cashpoints per month.
2% Cashpoints: On utility spends, capped at 500 Cashpoints per month.
1% Cashpoints: On all other eligible spends, capped at 500 Cashpoints per month.
Reward Exclusions
Cashpoints are not earned on:
Fuel spends
Rent payments and government-related transactions
Wallet loads, gift or prepaid card loads, and voucher purchases
Cash advances
Payment of outstanding balances, card fees, and other charges
EMI transactions
Reward Redemption
Statement Balance: Redeem Cashpoints against the card statement balance at a rate of 1 Cashpoint = Rs. 0.25, with a minimum redemption of Rs. 500. The maximum redemption per month is 50,000 Cashpoints.
Travel and Other Redemptions: Redeem Cashpoints for flight/hotel bookings or gift vouchers/products at Smartbuy. For flights/hotels, up to 50% of the booking value can be redeemed, and for products/vouchers, up to 70% of the value can be redeemed. Maximum redemption per month for these categories is 50,000 Cashpoints.
Spend-Based Waiver
Renewal Fee Waiver: Achieved by spending Rs. 25,000 or more in the previous year.
Finance & Forex Charges
Foreign Currency Markup: 3.5% of the transaction amount
Interest Rates: 3.6% per month (43.2% per annum)
Cash Advance Charges: 2.5% of the withdrawn amount or Rs. 500, whichever is higher
Rewards Redemption Fee: Rs. 99 + taxes
Card Features
Virtual Card: Issued only virtually. Accessible via the HDFC Bank MyCards section.
UPI Integration: Link with UPI apps like Paytm, PhonePe, Mobikwik, etc., using the card’s PIN to make UPI payments and earn Cashpoints.
Summary
The HDFC Bank UPI RuPay Credit Card, with a joining and renewal fee of Rs. 99 plus GST, is designed for UPI users and everyday spenders. It offers 3% Cashpoints on grocery, dining, and PayZapp spends (capped at 500 Cashpoints per month), 2% on utilities, and 1% on other purchases (also capped at 500 Cashpoints per month). Cashpoints can be redeemed for statement balances, travel bookings, and gift vouchers, with caps of 50,000 Cashpoints per month. The renewal fee is waived with an annual spend of Rs. 25,000. Key features include UPI integration with apps like Paytm and PhonePe, a virtual card, and a foreign currency markup fee of 3.5%. Interest rates are 3.6% per month, and cash advance charges are 2.5% or Rs. 500, whichever is higher. This card suits frequent UPI users seeking a blend of rewards and flexibility.