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Tata Neu Infinity HDFC Bank Credit Card
- Joining Fee: Rs. 1,499
- Renewal Fee: Rs. 1,499 + GST
- Best Suited For: Shopping
- Reward Type: Reward Points
- Welcome Benefites: 1,499 NeuCoins on Tata Neu App
HDFC Bank has collaborated with Tata Neu to introduce the thrilling Tata Neu Infinity HDFC Bank credit card. The bank has unveiled two co-branded credit cards, namely the Tata Neu HDFC Bank Infinity Credit Card and the Tata Neu HDFC Plus Credit Card. The Infinity variant is the premium one and comes with many exclusive privileges across different categories. It comes with an annual fee of Rs. 1,499 and welcomes the cardholders with benefits of an equivalent monetary value. With a reward rate of up to 10%, it can be considered one of the best shopping credit cards available in the Indian market. The card offers benefits beyond shopping, including travel, insurance, and lifestyle perks. Additionally, cardholders receive free access to domestic and international airport lounges. You also get an air accident insurance cover, card liability cover, and several other benefits with this card. You can make fast and easy contactless payments with this card. For detailed information on the features, fees, and charges of the Tata Neu Infinity HDFC Bank Credit Card, please keep reading:
New Features
Spend Based Waiver
The renewal fee is waived off on achieving annual spends of Rs. 3 lakhs or more.
Interest Rates
3.49% per month, i.e, 41.88% per annum
Add-on Card Fee
Nil
Rewards Redemption Fee
Nil
Fuel Surcharge
1% fuel surcharge waiver for all fuel transactions in India between ₹400 and ₹5,000.
Foreign Currency Markup
2% of the total transaction amount.
Cash Advance Charges
2.5% of the withdrawn amount, subject to a minimum fee of Rs. 500.
Movie & Dining
NA
Travel
NA
International Lounge Access
4 complimentary international lounge access each year
Rewards Rate
10% cashback (in the form of Neucoins) on the Tata Neu app, 5% cashback on Tata partner brands, and 1.5% cashback elsewhere.
Golf
NA
Insurance Benefits
Insurance cover worth ₹1 crore against air accidents, cover worth ₹15 lakhs against emergency hospitalization and lost card liability cover worth up to ₹9 lakhs.
Reward Redemption
The earned Neu Coins can be redeemed against Tata partner brands on the tata Neu app at a rate of 1 Neu Coin = Re. 1.
Domestic Lounge Access
8 complimentary domestic lounge access every calendar year
Zero Liability Protection
The cardholders will not be liable for fraudulent transactions made on a lost/stolen card if they report it within 48 hours.
Pros
10% cashback on the Tata Neu app. Low foreign currency markup of 2%.
Cons
NeuCoins expire after a period of one year. The minimum spend for the annual fee waiver is at a high price of ₹3 Lakhs.