Searching for information regarding HDFC credit card rewards point redeem then you have come to the right place. The Housing Development and Finance Corporation (HDFC) was established in 1977.
Its primary objective was to address the housing shortage in India by offering home savings plans and home loans. The bank designed several home saving plans and loans for individuals and builders. In 1994, HDFC became the first private bank that got approval from the Reserve Bank of India (RBI).
From that moment on, HDFC started increasing its operations unabatedly. They now offer retail and wholesale banking services for individuals and organisations. One of the prominent services of HDFC is Credit Card.
A financial tool like a credit card is powerful. It empowers the customer to purchase on credit and pay later. There are various services provided by a credit card like access to lounges in airports, better offers for e-Commerce products, etc.
Also, many banks like HDFC grant loans like auto loans, two-wheeler loans, personal loans against Credit Card eligibility. The idea of having a credit card is that the bank gives you a certain amount of money to make purchases and pay later. It’s merely a reward system to encourage spending.
There is a notion that one must enjoy every moment of life. But sometimes, we face hurdles while following a path like when we are travelling, etc.
A credit card can be useful when you are short on cash without sacrificing the opportunities to taste a good life and pay later to the bank as per your convenience.
You can now go on your dream vacation. You can eat your favourite food in a luxurious restaurant. You can buy lavish gadgets as soon as they are released. You can avail yourself of all the options with HDFC Bank Credit Cards.
These cards have been designed keeping in mind today’s urbanisation and the needs of people. However, there is seldom a chance for us to build a credit that can benefit us.
Therefore, it’s impertinent to be cautious with credit card usage. But reward points of HDFC Bank Credit Cards offer opportunities to have the best of both worlds: build credit and gain advantage from it.
Alston Theodorus rightly said, "Challenge your limits, never miss an opportunity." So, collect the credit card points and enjoy your luxurious rewards experience.
Earning rewards points with HDFC bank is simple. With HDFC credit cards, you earn rewards for your purchases with them. You can redeem them for vouchers, discounts, products, or cashback as you accumulate points.
How to Earn HDFC Credit Card Reward Points
Each bank has various criteria to earn reward points which you can earn in numerous ways. The variation of earning points also ranges from basic credit cards to high-priority credit cards.
So, before you swipe the credit card, you should know where to earn reward points.
1. Motion Picture:
Movies are one of the largest sources of entertainment. People visit cinema halls frequently, especially when we have movie releases every Friday of the week. So, you might be visiting cinema halls frequently. But do you know that you can gain reward points while purchasing movie tickets?
Yes. HDFC credit card holders can avail points if they buy tickets by using these cards. The points vary as per the net amount of movie tickets and the type of card you hold.
2. Perishables:
We shop for vegetables, fruits, bakery products, etc., almost every week. And most of the people living in urban areas visit Supermarkets to buy groceries for the ease of procurement amidst the busy schedule. Now, you can get reward points while grocery shopping with your credit card!
Also, nowadays, many general stores have the facility to accept credit cards. So you can check if your nearby store has a provision, and you can swipe your credit card to earn some points whenever you purchase.
3. Salons:
We often visit salons for hair cuts, spas, manicures, pedicures, etc. Salons are an essential part of our lifestyle. One can even earn credit points for all the salon activities with your credit card. Most salons now accept credit cards. So, when you enjoy a haircut or a spa, your credit card points will increase.
Note: You can confirm at the Salon's reception about the facility of paying bills through credit card.
4. Restaurants:
Almost everybody loves to dine out in excellent, lavish restaurants! But many times, when we are running low financially, it’s challenging to visit restaurants and enjoy your favourite meals, especially when the month is about to end.
But you don’t have to worry if you have a credit card! You can compensate for this indulgence by using a credit card to pay the bill. It will eventually add points to your account, as you can earn HDFC credit card points when dining out and pay later!
5. Cafeteria:
Many people are coffee enthusiasts! They love to visit different cafeterias to enjoy the ambience and finger-licking food with beverages like coffee. Most of us frequently visit cafes for small breaks while working and pay by cash.
Now, you can use this opportunity to earn HDFC credit card points on purchasing a coffee. So paying bills in the cafeteria is equivalent to earning credit card points.
6. Railway Tickets:
Travelling on vacation through trains can be a fantastic experience. You can win this fantastic experience in the form of points, provided you purchase the tickets through your HDFC credit card only.
Also, HDFC credit card often offers massive discount on travel booking. So, check out those and avail yourself of the services!
7. Taxi Expenditure:
We often take cabs and taxis to travel short distances. Nowadays, almost all taxi services accept card payments. So, you can attach your HDFC Credit card in the digital wallets and pay while earning reward points! This approach leads to a growth in credit card points.
8.PayZapp:
Everyone is living in a digital world. Many transactions, viz., electricity bill payment, phone recharge, online shopping, etc., take place through internet banking.
PayZapp is an application by HDFC bank. Using this app, you can pay all kinds of bills, purchase movie tickets, send money, etc. By completing transactions through PayZapp, you can earn HDFC credit card points.
9. SmartBuy:
It is a sister website of HDFC bank. You can check the latest offers only for HDFC credit card customers on this page.
Here, you have recommendations to purchase products by using a credit card. Using SmartBuy, you can grab offers and earn points simultaneously.
How to Redeem HDFC Credit Card Reward Points
After a while once you have collected enough HDFC credit card points, you can choose to redeem the points. Follow the rules mentioned below to claim the points:
After a while, once you have collected enough HDFC credit card points, you can choose to redeem the points. Follow the rules mentioned below to claim the points:
1. Via Internet Banking
Use your HDFC internet banking username and password to log into your account.
Select the tab “Credit Card” on the left side of the display.
For a first-time user, you need to register your credit card.
You need to enter all your card details like the credit card number, expiry date, name of the cardholder, and CVV number.
Once you complete the details, you will have an OTP in your registered mobile number.
Enter the OTP in the display where the site will authenticate the transaction.
Now, your credit card has been registered and ready to use.
Now, click on the Redeem Points tab from the navigation tab at the left.
You can see the total points earned to date on credit card details.
Select the range of points you wish to redeem per your wish.
Next, you can use Catalogue to view items and products available in the selected credit points range.
Add the items to your shopping cart.
Once you have finished adding all items to the cart, you can click View Items to check or modify selected items.
Read the stated terms and conditions mentioned by HDFC bank and check the acceptance button.
Portal will display your registered email address and contact number to share details. You can check and confirm.
In case of any required changes, contact HDFC customer care.
After confirming, the portal will generate the Redemption Number. Kindly note that number.
HDFC Bank will also send you the redemption details via email and text message.
2. By Customer Care Support
Dial HDFC Customer Care phone number.
Press the button mentioned during the call to learn about your credit card points.
Select the button mentioned to redeem points of the credit card.
You will be directed to the HDFC customer care agent.
Answer the questions asked by the agent.
Follow the steps stated by the agent to redeem points.
Once you claim the points successfully, you will get redemption details via email and text.
3. Through Post
Download the Credit Card Redemption Points Form and print it.
You can also get the Redemption Points Form at the HDFC bank branches.
You need to fill out the credit card and points details in the form.
You must then post this form to the HDFC Bank Credit Card Customer Care address.
You will get rewards as soon as your form is verified.
Things to Keep in Mind
As said, “Credit Card is the right card every time.” You should take care of the following things to use your credit card appropriately and make the maximum benefit of it:
1. Criteria:
Always check the requirements for the application of a credit card. First, check if you need to have a specific minimum account balance. So apply if you are eligible for a credit card. Applying for a credit card when not fulfilling the eligibility criteria will cause unnecessary rejection of your application.
For instance:
If your monthly salary is a minimum of Rs. 50,000/- then you can apply for a credit card at HDFC.
You can apply for a credit card if your credit score is better than your monthly salary.
You can also check through internet banking which credit card is available per your monthly account balance.
2. Selecting cards as per your spending pattern:
Each individual has a different spending pattern. Apply for a credit card that suits your expenditure.
If you don't own a vehicle, do not apply for a credit card that provides points on fuel expenditure. If you are a person who prefers carrying out online shopping, then apply for a card that avails discounts or rewards for online spending. So choose a credit card wisely.
Example: With a monthly income of Rs. 50,000/- and the desire to have a luxurious lifestyle, you can apply for the "Millennia Credit Card," which provides discounts on online shopping, travel tickets, and gift vouchers on every purchase.
3. Expenditure:
Various cards allow you to choose according to your monthly expenditure. Always select a card with a budget per your expenditure and avail your cashback. Suppose you pick a credit card with a specific budget. Then ensure that it should have cashback in a similar percentage so that you save a certain amount throughout the year.
Example: You can opt for the Indian Oil HDFC Credit Card if you have daily fuel expenses. It gives you 50 litres of free Fuel annually, 5% fuel points at Indian Oil outlets, and one point for every 150 rupees spent while waiving 1% of fuel surcharges.
4. The credit limit on a card:
This aspect signifies the amount credited to your card. This limit depends upon your income and account balance. You do not need to spend all the money on your credit card. You can use it in case of any emergency.
Example: In the case of having a credit card with a maximum limit of Rs. 60,000/- and spending Rs. 20,000/- from that limit, your available credit limit would be Rs. 40,000/-.
5. Charges:
You must pay back a credit card limit with a certain interest. These charges vary as per the credit card and depend on the bank. You need to pay it back as per the scheduled date, which you can set per your preference.
If you cannot pay back in time, the card provided will raise the interest on that amount. That interest amount is automatically detected from your account during a renewal of your credit card.
So pay your credit card bill in time. Use your credit card where it is necessary. Avoid unnecessary usage of credit limits. Pay the dues on time to avoid interest deductions from your account.
Example: An outstanding balance usually carries an interest rate of 3% to 4%per month. For instance, if the due balance is over Rs. 10,000/-, the late fee is Rs. 300. Your late fee can vary depending upon the credit card you use.
6. Supplementary perks:
A credit card comes along with numerous privileges and facilities. You might get joining bonus points on your credit card.
Credit cards might also avail you of travelling expenditure points, EMI options, fuel expenses points, etc. It can also provide you discounts on products or promotional offers on a few services.
So choose a card which benefits you most. It isn't easy to pick a card with all the best facilities for you. So select a credit card that has the maximum privilege.
For example, Your HDFC credit card might award you 250-500 points as a joining reward. However, the number of points varies according to the credit card.
How to Earn Reward Points
Generally, you might be thinking about how you can earn reward points on a credit card. Earning points also vary between various credit cards of the same bank. Moreover, each bank has credit cards ranging from essential to premium credit cards.
You can earn reward points in the following ways:
1. Joining rewards:
The credit card provider always welcomes you to the credit card holders' families by providing joining points. This aspect makes a good start to earning points on your credit card. These joining rewards differ as per the bank and category of the card. Welcome points can be per your credit limit, card type, or account balance.
2. Routine points:
You will earn points if you use your credit card for daily necessities. The number of points you earn will vary. With an INR 500 purchase, you may receive points between 1 and 10 or more. Reward points correspond to spending between INR 100 - 1000 per day on basic daily expenses.
3. Special rewards:
You can earn extra points when you pay bills at shopping centres, dining areas, cafeterias, etc. Many banks have partnerships with specific shopping malls and restaurants. If you make purchases over there, you earn a special reward.
You gain special rewards if you buy train or flight tickets with your credit card. These special rewards increase the number of points on your credit card.
4. Valued purchase rewards:
You earn these rewards when you make jewellery purchases, book destination holidays, etc., by using your credit card. So, high-value purchases allow you to gain valued purchase rewards from your credit card.
5. Aboard expenditure rewards:
These points are earned when you make purchases abroad using your credit card. Usually, the credit card offers more reward points for abroad expenditures! It adds a significant number of rewards to your credit cards.
6. Bonus points:
When you spend more than the credited amount, you earn double the reward for general expenditure. Your points get doubled for every amount spent more than the credit limit spent.
Occasionally, credit card companies reward specific categories with higher rewards than usual. The rewards, however, are usually based on spending limits. Usually, these limits are applied annually or quarterly.
Example: The card gives you 1 point for one purchase made by credit card, but 2 points for travelling as travel falls under the bonus category.
7. Loyalty points:
These points are earned when you renew your credit card. After a particular term, renewing a credit card adds loyalty points to your account.
8. Additional cards:
You can purchase additional or supplementary cards under the same credit card for your family members. They can make purchases using that card, and points will keep adding to the main credit card. The only criteria are that your family member should be above 18 years.
hdfc reward points catalogue
The below products are included in the HDFC credit card reward catalogue. You can redeem them by using your reward-earned points.
Category | Products |
Electronic Gadgets | Cell phones, amplifiers, headsets, storage devices, etc. |
Travel Luggage | Rucksack, Backpacks, Suitcase, etc. |
Self Care | Perfumes, Shampoos, Hairdryers, Trimmer, etc. |
Home and Kitchen appliances | Induction cooker, Mixer, Blender, Juicer, Chopper, Kettle, Electric Kettle, Iron, Cordless phone, Oven, Microwave, Refrigerator, Storage cupboards or Boxes, Dinner sets, Tea sets, Cutlery, etc. |
redemption of hdfc credit card points/HDFC regalia credit card reward points redemption catalogue
The best privilege of HDFC bank credit cards is that you can convert the earned credit card reward points into Cashback. If you do not want to purchase any product using points, you can Cashback your earned points.
Following are the steps through which you can convert credit card points into cashback:
Open HDFC bank's official website.
Use your username and password login into your HDFC bank account.
Select Cards from your Home screen tabs.
Choose the Enquire tab from the Cards section.
Click on Cashback Enquiry and Redemption from the Enquire section.
Select your account number to receive the cashback of credit card points.
You will receive an email and text about the redemption process.
Your account will receive a cashback of credit card points.
I hope you liked our article on How to Redeem HDFC Credit Card Reward Points, if you have any comments or suggestions do share them in the comments below.
Frequently Asked Questions
1. What is the hdfc reward points value of 1 reward point?
Different banks have different reward point valuations. HDFC bank has numerous types of credit cards. Each card has different redemption values. Generally, the HDFC credit card value of 1 reward point is Rs. 0.30/-. It changes as per basic to premium cards.
2. How do you redeem credit card cash points?
Redeeming your credit card cash points with HDFC is easy-peasy. Just follow the steps below, and you are good to go.
- You need to log in to the bank’s official website.
- Select your credit card.
- Then click on Cashback Enquiry and Redemption.
- Further, you need to select your account where you need cashback.
By this procedure, you can redeem credit card points as Cash Points.
3. What is the value of 1 reward point?
Reward points vary from bank to bank. Typically, one reward point of a credit card is redeemed as Rs. 0.25/- i.e., INR 25 paise. This value may be different for different banks. Also, it might change from basic cards to premium cards.
4. Do we get reward points on HDFC debit cards?
Yes. This is a unique feature provided by HDFC bank. They provide reward points on debit cards too. You can avail those reward points in the following ways.
- You can save 5% if you shop every day with HDFC partners.
- HDFC partners are available in Grocery, Fuel, Pharmacy, Rails and Online shopping merchandise.
- For groceries, you can visit the nearest Big Bazaar store and grab rewards by paying through a debit card.
- BPCL is a partner for Fuel. You can unleash the rewards by refilling your vehicle tank at BPCl.
- You can shop online from Snapdeal for getting rewards on HDFC debit cards.
- One can use Payzapp to complete the payment through HDFC debit cards.
- IRCTC helps with railway booking and the addition of reward points on your debit card.
- Apollo Pharmacy is a medical partner of HDFC bank, which gives you excellent rewards by purchasing medicines through a debit card.
- Smart Buy is a website where you can purchase products and gain more rewards.
- Thus, by daily purchase at HDFC partner, you will earn 2000+ reward points.
5. How much are 100000 points worth?
Generally, one reward point is equivalent to INR 25 paise only. If we consider this conversion, then 10,0000 reward points will be equal to INR 25,000 only.