The HDFC Freedom Card is for those individuals who are new to credit cards. It is equipped with benefits and features across a host of categories. Further, HDFC Bank is one of the prominent banking partners that aims to offer financial freedom to customers. Also, whether you are a shopaholic, movie lover, traveler, etc you can find a different credit card for yourself. The HDFC Freedom Card comprises of fuel surcharge, cash points, a welcome benefit, a renewal offer, contactless payment, an interest-free credit period, a dining discount, and among many other benefits. Keep reading to know more about “What is the HDFC Freedom Card?”
Benefits of HDFC Freedom Credit Card
As a welcome benefit, you will get 500 cash points. However, it is applicable only after the payment of joining fees. Further, the renewal fees can be waived by spending INR 50,000 or above in an annual year. Get 10X cash points on your favorite merchants such as Big Basket, BookMYShow, OYO, Swiggy, and Uber. The maximum you can earn in a calendar month is 2500 Cash Points. Furthermore, 5X CashPoints can be earned when spending EMI at merchant locations. A total of 2500 CashPoints can be earned in a calendar month. Moving forward, 1 CashPoint is awarded for every INR 150 spent on all other purchases. It does not, however, include spending on fuel, walled or prepaid card loads, or voucher purchases.
Within the first 90 days of credit card issuance, you will receive a lower interest rate, e.g. 0.99%, on non-EMI spending. It does not, however, apply to Insta loans, Insta Jumbo loans, SmartEMI, EasyEMI, balance transfers, or cash transactions. We enjoy dining out with friends and loved ones the most, especially on weekends. Therefore, those who love doing can benefit from the HDFC Freedom Card. As it offers a 15% discount on partner restaurants. Hence, whenever you plan to dine out you can save up to 15% on your total bill amount. Besides this, through the SmartEMI option, you can easily convert your big spending into easy EMIs. It however helps you to purchase your favorite items easily.
Unfortunate incidents can happen at any point time in our life. Also, there are many cases reported of fraudulent transactions. So to ensure the utmost safe environment the HDFC Freedom Card comes with a zero lost card liability cover. Therefore, if in case your credit card is lost or stolen you wouldn’t be held responsible for any fraudulent transactions. It is because you will have zero liability on any such fraudulent transactions. However, you need to report to the bank immediately about the loss to reap the benefit. In addition, you will get an interest-free period of 50 days from the date of purchase. Enjoy a 1% fuel surcharge waiver at all Indian petrol pumps. The cash points you earn here can be redeemed for travel benefits such as flight and hotel reservations. Furthermore, cash points can be redeemed against the balance i.e. 1 cash point equaling INR 0.15. As a result, you can choose the redemption plan based on your preferences.
Conclusion
The HDFC Freedom Credit Card truly stands out by helping customers to gain financial freedom in their lives. Moreover, it comes with contactless payment technology. Therefore, by using it you can make a fast and secure payment gateway. To obtain this HDFC Credit Card you need to spend INR 500 as joining fees. As per the bank currently, only Indian citizens can apply for the card. However, both salaried and self-employed individuals can apply for the Freedom Card. Salary employees should be between the ages of 21 and 60, and self-employed individuals should be between the ages of 21 and 65.