How to apply for HDFC Freedom Card?- One of the best credit cards on the market is the HDFC Freedom Credit Card, which offers rewards. This is an entry-level credit card with a lot of benefits, like fuel benefits, dining benefits, bonus reward points on groceries and other categories, and more. If you’re new to credit and planning to start your credit journey, this is a good companion. To help you decide if the HDFC Freedom Credit Card is right for you, here is our in-depth review:
How to apply for HDFC Freedom Card?
The HDFC Bank Freedom Credit Card is a basic entry-level credit card for first-time cardholders that is offered by HDFC Bank. It has a low membership fee of just Rs and is based on Reward Points. 500 annually. You can also get rid of the renewal fee for as little as Rs. 50,000 in a year of celebration. You get one Cash Point for every Rs. With this card, you can spend $150 and get extra cash points at BookMyShow, OYO, BigBasket, and other well-known brands. In addition, the card comes with a remarkable introductory benefit that provides a low interest rate of 0.9 percent only for the first ninety days following the activation date. Continue reading to learn more about HDFC’s entry-level product.
How to apply for HDFC Freedom Card Overview
| Name Of Article | How to apply for HDFC Freedom Card? |
| How to apply for HDFC Freedom Card? | Click Here |
| Category | How to guides |
| Official Website | Click Also |
Key Highlights of the Freedom Credit Card
- Spending on dining, grocery, train, taxi, and movie tickets will earn you five times as many reward points.
- Take advantage of your birthday by earning 25 times as many reward points on all purchases made with the card.
- Receive ten times as many reward points for all of your SmartBUY and PayZapp purchases.
- When you spend more than Rs. 90,000 in a year, you get a Rs. 1,000 gift card.
- If annual expenditures exceed Rs.50,000, the renewal fee is waived.
- A period of up to 50 days without interest.
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Features and Benefits of the Freedom Credit Card
Annual and Renewal Benefits
- Get a Rs.1,000 gift certificate for every year you spend Rs.90,000.
- If you spend Rs.60,000 on your card during the year, you won’t have to pay a membership fee for the following year.
Fuel Benefits
- Your fuel purchases between Rs. 400 and Rs. 5,000 will not be subject to a fuel surcharge of one percent, with a maximum of 250 per statement cycle.
Reward Point Benefits
- 500 reward points, a welcome bonus.
- 25X reward points can be earned for birthday purchases.
- With your credit card, you can get 5X reward points for spending on movies, grocery shopping, dining, taxis, and trains.
- Receive ten times as many reward points for all of your SmartBUY and PayZapp purchases.
- Get 500 reward points as a renewal bonus when you pay the renewal fee.
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HDFC Bank Freedom Credit Card Limit
The credit furthest reaches of the HDFC Opportunity card is totally at the watchfulness of the bank. The bank thinks about specific elements prior to doling out a credit limit. The FICO assessment of the candidate, the credit report is checked alongside reimbursement propensities for past and progressing advances are likewise thought about.
Reward Point Benefits of the HDFC Bank Freedom Credit Card
- Receive 1 reward point for every 150 rupees spent.
- Get 25X reward points for every birthday purchase you make.
- Get accelerated reward points of 5X on movie, restaurant, grocery, train, and taxi reservations, and 10X on PayZapp and SmartBUY purchases.
- Receive 500 reward points as a bonus when you pay your renewal fee.
- A nice bonus of 500 points when you pay your annual fee.
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Fees and Charges on the HDFC Bank Freedom Credit Card
| Type of Charge | Amount |
| Annual fee | Rs.500 |
| Interest-free period | Up to 50 days |
| Minimum repayment amount | 5% or a minimum of Rs.200 |
| Charges on revolving credit | 3.49% per month |
| Cash advance limit | 40% of the credit limit |
| Late payment charges | · If the statement balance is less than Rs.100 – Nil · Balance between Rs.100 and Rs.500 – Rs.100 · Balance between Rs.500 and Rs.5,000 – Rs.500 · Balance between Rs.5,001 and Rs.10,000 – Rs.600 · Balance between Rs.10,001 and Rs.25,000 – Rs.800 · More than Rs.25,000 – Rs.950 |
| Additional card fee | Free |
| Payment return charges | 2% of the payment amount subjected to a minimum of Rs.450. |
| Rewards redemption fee | Rs.99 per redemption request |
| Charges on over limit account | 2.5% of the over limit amount subjected to a minimum of Rs.500 |
| Cash advance charges | 2.5% of the amount withdrawn or Rs.500, whichever is higher |
| Balance transfer processing charges | 1% of the balance transfer amount or Rs.250. The higher amount will be taken. |
| Outstation cheque processing charges | Cheque value of up to Rs.5,000 – Rs.25 Cheque value of more than Rs.5,000 – Rs.50 |
| Cash processing fee | Rs.100 |
| Reissue of a stolen, lost or damaged card | Rs.100 |
| Railway ticket purchase fee | 1.8% of the transaction amount + GST |
| Foreign currency transactions | 3.5% |
| Fuel transaction charges | Rs.250 per statement cycle will be waived off |
Eligibility Criteria for the HDFC Bank Freedom Credit Card
- The primary cardholder must be between the ages of 21 and 60 in order to be a salaried individual. His or her monthly gross income must exceed Rs. 12,000
- The applicant must be between the ages of 21 and 65 in order to be a self-employed individual.
- His or her annual income tax returns must exceed Rs. 2 lakh.
- The primary applicant must be an Indian citizen or non-resident.
- The holder of the add-on card must be at least 15 years old.
Documents required for applying for the HDFC Bank Freedom Credit Card
- Form 60 copy and PAN card.
- Complete application form
- Income documentation, such as a copy of your most recent Form 16 or IT returns.
- Two colored photographs in the size of a passport.
- Proof of your address, such as a copy of your electricity bill, passport, or PAN card.
- An identity document, such as a driving license, PAN card, or Aadhaar card.
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How to redeem reward points earned on the HDFC Bank Freedom Credit Card?
Reward points can be exchanged in person or online. You will need to download the rewards redemption form from the HDFC Bank website if you want to do this offline. Please fill out the information and send it to the following address:
- First of all, Log in to your HDFC credit card net banking account.
- Select the tab labeled “credit cards.”
- After registering your card, select “continue” from the drop-down menu under “redeem reward points.”
- You will then be redirected to the rewards redemption page on the website.
- “Redeem Reward Points” will appear.
- Select the item’s category from the drop-down menu.
- Select the points range to evaluate the various products after that.
- The items can be selected and added to your shopping cart for purchase.
- Click “view your shopping cart” after selecting the items.
- Check the box after reading the terms and conditions.
- Click “redeem” after you’re done. It is necessary to record the redemption order number for future reference.
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