HDFC Bank Freedom Credit Card
HDFC Bank
Annual Fee
₹500
Joining Fee
₹500 + GST
Base Reward
1% points
Foreign Markup
3.5% on the conversion amount (plus applicable taxes)
Fee Waiver
Waived on ₹50,000 annual spend
Interest Rate
3.75% per month (45% annually)
Welcome Benefits
500 CashPoints as a welcome benefit.
Product Highlights
- 10X CashPoints on BigBasket, Swiggy, BookMyShow, OYO, and Uber
- 500 bonus CashPoints on card renewal
- 1% fuel surcharge waiver at all filling stations
Rewards
10X CashPoints on BigBasket, Swiggy, BookMyShow, OYO, and Uber. 1 CashPoint for every ₹150 spent on all other purchases.
Redemption
1 CashPoint = ₹0.15 for various redemption options.
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
shopping | 10%(10X CashPoints) | No cap |
dining | 10%(10X CashPoints) | No cap |
Merchant-Specific Rewards
| Merchant | Reward | Context |
|---|---|---|
| BigBasket | 10X CashPoints(2,500 CashPoints/month) | online |
| Swiggy | 10X CashPoints(2,500 CashPoints/month) | online |
| BookMyShow | 10X CashPoints(2,500 CashPoints/month) | online |
| OYO | 10X CashPoints(2,500 CashPoints/month) | online |
| Uber | 10X CashPoints(2,500 CashPoints/month) | online |
Benefits & Features
Domestic: N/A International: N/A No complimentary lounge access provided with this card.
Fees & Charges
Eligibility
Min Age
21 years
Max Age
65 years
Min Income (Salaried)
₹12,000
Min Income (Self-Employed)
₹6,00,000
Available Networks
Pros & Cons
Pros
- Easy redemption of CashPoints against an array of categories
- Up to 20% off on partner restaurants via Swiggy Dineout
Cons
- CashPoints expire after 2 years
- No benefits for entertainment or golf
- No lounge access provided
Additional Info
CashPoints can only be redeemed for cashback if a minimum of 500 CashPoints is available.
You can only use up to 50% of Cash Points to book flights/hotels on SmartBuy; the rest must be paid by credit card.
Maximum redemption of reward points in a calendar month is capped at 50,000.
Maximum 2,500 CashPoints per month on accelerated categories.
Excluded Categories