HDFC Credit Card Fees & Charges

Charges for your HDFC credit card apply to all of the services that are available on it, including partial bill payments, cash withdrawals, balance transfers, instant loans, convert your purchases into EMI, and more. Continue reading to learn about all of the fees associated with HDFC credit card including interest rates, cash advance fees, late payment fees, forex markup, and more. To meet the different demands of its customers, HDFC Bank provides several types of credit cards. You can choose a card based on your spending patterns and habits for fuel, travel, shopping, and other expenses. However, there are fees and charges related to HDFC Credit Cards that you must pay in order to receive the benefits. These credit card fees can be relevant based on usage or the relevant terms and conditions. Furthermore, different HDFC credit cards may have different fees and charges, even though some may be the same for all of them.

HDFC Bank Credit Card Annual Fee/Renewal Fee

Depending on the credit card, different HDFC credit cards may have different annual or renewal fees. Entry-level cards have a lower fee, whereas premium category cards have a larger fee. This charge is applied to the credit card account as a joining fee at the time of card issuance and as an annual or renewal fee at the end of the card anniversary year. The annual fee is charged once and appears on the account statement at that time. The majority of cards also have annual fee waiver requirements that must be met when spending the required minimum.

HDFC Credit Card Cash Withdrawal Charges

When you use your credit card to make an ATM cash withdrawal, there are fees associated with your HDFC credit card. A cash withdrawal charge is a one-time expense as opposed to a financing charge. A percentage of the amount withdrawn is charged as a cash withdrawal or cash advance fee. A Withdrawal Charges 2.5% of the amount withdrawn or Rs. 500, whichever is higher.

HDFC Credit Card Interest Rate

If you fail to make the entire balance payment by the due date, the interest rate on your HDFC credit card will be charged. This cost, which is also known as a finance charge, is charged for cash withdrawals, partially paid bills, rolling over unpaid balances into the subsequent billing cycle, and late payments. The interest rates on HDFC credit cards can differ from one credit card to another, however they typically range from 23.88% to 43.2% annually.

HDFC Bank Credit Card Forex Charges

When using a credit card to make an international payment, there is a forex markup or foreign transaction cost. The charge is applicable to retail transactions made outside of India, foreign exchange transactions made online, foreign ATM cash withdrawals, and domestic point-of-sale transactions linked to foreign accounts, such as those made at duty-free stores. The bank charges this cost in order to convert different denominations. A foreign exchange markup fee of 3.5% of the transaction value usually comes with HDFC credit cards.

HDFC Bank Credit Card Late Payment Charges

If you don't make even the the minimum payment by the due date, you will be charged late fees on your HDFC credit card. This fee is a one-time payment that is deducted from the outstanding debt.

Total Outstanding Amount Charge
Less than Rs. 100 Nil
From Rs. 100 to Rs. 500 Rs. 100
From Rs. 501 to Rs. 5,000 Rs. 500
From Rs. 5,001 to Rs. 10,000 Rs. 600
From Rs. 10,001 to Rs. 25,000 Rs. 800
From Rs. 25,001 to Rs. 50,000 Rs. 1,100
More than Rs. 50,000 Rs. 1,300

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HDFC Bank Credit Card Loan Pre-Closure Charges

If you pay off your HDFC Bank credit card loan before the term is up, you'll be charged a pre-closure charge on the remaining principle sum.

HDFC Bank Credit Card Over Limit Charges

If you spend more than the credit limit that has been applied to your HDFC credit card, you will be charged an overlimit fee. With HDFC cards, the overlimit cost is 2.5% of the overlimit amount, with a minimum of Rs. 550. Please take note that HDFC Bank Infinia (metal addition) is exempt from this cost. Furthermore, the Paytm HDFC Bank Digital Credit Card does not offer an over limit feature, so the fees are not relevant.

HDFC Bank Balance Transfer Processing Charges

When you move your outstanding balance from another credit card to your new or existing HDFC credit card, HDFC balance transfer fees are imposed. 1% of the balance transfer amount or Rs. 250, whichever is higher, is the processing fee for balance transfers to HDFC credit cards. The bank determines the balance transfer interest rate in accordance with internal policies.

HDFC Bank Credit Card Cash Advance Charges

You must pay this fee if, in an emergency, you use your HDFC Bank credit card to withdraw cash from an ATM.

HDFC Bank Credit Card Finance Charges

You will be charged finance charges, also known as interest charges, if you do not pay off your entire credit card account from HDFC Bank. This kind of fee is applied on a monthly basis until the entire amount owed is paid. Interest costs are assessed starting on the date of withdrawal for cash advances, but they start to accrue on the first statement production date after the transaction for missed payments.

HDFC Bank Credit Card Returned Payment Charges

If your credit card payment bounces, you are responsible for this fee. This could be the result of closed accounts, frozen accounts, or insufficient money.

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Other Fees & Charges on HDFC Credit Card

Fee Type Amount
Add-on card fee Lifetime free
Payment return charges 2% of payment amount, minimum Rs. 450
Cash processing fee Rs. 100
Rewards redemption fee Rs. 99 per redemption request
Duplicate physical statement charges (excluding Infinia, Infinia (Metal Edition), Diners Black) Rs. 100 per duplicate physical statement
Railway ticket purchase fee 1% of the transaction amount+GST
Rent pay transactions 1% fee on transaction amount
Reissue of lost, stolen or damaged card Rs. 100
Dynamic currency conversion Markup fee 1%

HDFC Credit Card Fees & Charges: FAQs

You have up to 50 days to use your HDFC credit card interest-free between the date of your most recent statement and the current date. Depending on the date of the transaction, this period's length may change. For example, suppose that your statement for the previous month's spending is generated on the 13th of each month and that the bill due date is within the next 20 to 22 days. Purchases made between the 13th and the 12th of the month will receive a significantly smaller number of interest-free days, while purchases made in the later billing cycle weeks (between the 1st and the 12th) would benefit from a 50-day interest-free period.

You are not required to pay the late payment fee if you pay off the minimum amount owed on a credit card. On the outstanding balance amount, though, interest charges will apply.

For HDFC credit cards, the annual interest rate usually ranges between 23.88% and 43.2%. It applies to credit card purchases, cash withdrawals, and missed payments. It also applies to any outstanding balance. The interest rate on credit cards in these circumstances is determined using the daily declining balance technique for both new transactions and the amount carried forward.

Charges such as overlimit, maintenance, and finance fees are associated with having an HDFC Bank credit card and using it. These, however, differ depending on the card. When determining the list of charges you have to make, your card usage patterns also matters.

The fees and charges associated with each HDFC Bank credit card are different. Based on usage, some of these fees are avoidable. Common HDFC credit card fees and charges include cash advance fees, overlimit fees, late payment costs, yearly maintenance fees, and renewal fees, among other things.

Your HDFC credit card's annual fee may differ from one card to another. The amount charged might be as little as Rs. 500 or as much as Rs. 12,500. If you are offered a credit card with a "lifetime free" offer, the annual fee can be none.

Depending on the type of credit facility used, the processing time for HDFC credit cards may change. For your HDFC credit card, the processing charge is Rs. 999+GST for Insta Loan, Jumbo Loan, and Smart EMI. The cost for an EMI balance transfer, however, is 250 rupees or 1% of the loan amount, whichever is larger.

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Please click the links below to find details and instructions related to HDFC Credit Cards that can help you in easily managing your card:

Credit Cards