HDFC Freedom Credit Card

The HDFC Freedom Credit Card is a great choice for first-time users. It offers bonus reward points on various categories like groceries, movies, and food orders. One of its standout features is the option to convert earned reward points into cashback for your credit card bill. If you’re looking for a credit card that gives you flexibility and rewards on everyday expenses, the HDFC Freedom Credit Card is worth considering.

Key Highlights of HDFC Freedom Credit Card

  • Get up to 3 add-on credit cards for free with Freedom Credit Card HDFC.
  • 1% fuel convenience fee waiver.
  • This card is chip-enabled ensuring safe & secure transactions.
  • Zero liability on lost credit card if reported immediately
  • HDFC Bank Freedom Credit Card is a contactless credit card, facilitating fast, convenient & secure payments at retail outlets.
  • Get the next year’s annual membership waived off on spending Rs. 50,000 or more in a year.

Features and Benefits of HDFC Freedom Credit Card

  1. Interest-Free Credit Period: You can enjoy up to 50 days of interest-free period on your purchases from the date of purchase. This applies if the merchant submits the charge within that time.
  2. Revolving Credit: You have the option to enjoy revolving credit on your card at a nominal interest rate. Check the Fees and Charges section for more details.
  3. Exclusive Dining Privileges: Get amazing dining benefits with the Good Food Trail program. Save up to 20% on restaurant bills when you pay via the Swiggy Dineout option (available at 20k+ restaurants) through the Swiggy App.
  4. Welcome/Renewal Benefit: On payment of the membership fee, you get 500 CashPoints. Also, you can have the renewal membership fee waived off by spending ₹50,000 or more in an annual year.
  5. Smart EMI: After making a big purchase, you have the option to convert it into an EMI for easier payments.

HDFC Freedom Credit Card Fees and Charges

  1. Joining Fee: Rs. 500 + taxes
  2. Renewal Fee: Rs. 500 + taxes
  3. Spend-based Waiver: Renewal fee waived off if you spend a minimum of Rs. 50,000 in the previous year.
  4. Rewards Redemption Fee: Rs. 99 per redemption request + taxes.
  5. Foreign Currency Markup: 3.5% on the converted amount + taxes.
  6. Interest Rates: 3.6% per month (or 43.2% per year), 0.99% for the first 90 days.
  7. Cash Advance Charge: 2.50% of the withdrawn amount or Rs. 500 (whichever is higher).

HDFC Freedom Credit Card Eligibility

For Salaried Individuals:

  • You must be an Indian citizen.
  • Minimum age: 21 years
  • Maximum age: 60 years
  • Your gross monthly income should be more than ₹12,000.

For Self-Employed Individuals:

  • You must be an Indian citizen.
  • Minimum age: 21 years
  • Maximum age: 65 years
  • Your annual Income Tax Return (ITR) should be more than ₹6.0 Lakhs.

Documents Required for HDFC Freedom Credit Card

To apply for the HDFC Bank Freedom Credit Card, you need to submit:

  1. Identity Proof: Aadhar Card, Voters ID, PAN Card, Passport, Driving License, etc.
  2. Address Proof: Aadhar Card, Passport, Voters’ ID, Utility bills, etc.
  3. Proof of income: Latest salary slips/bank statements or latest audited ITR.

How to apply for HDFC Freedom Credit Card?

To apply for an HDFC Bank credit card, you have two options – online and offline. Here’s how to do it:

Offline Application:

  1. Visit your nearest HDFC Bank branch.
  2. Fill in the physical application form.
  3. Submit it along with the required documents to the bank staff.
  4. The bank will process your application and conduct a credit check to determine your eligibility for the HDFC Freedom Credit Card. This process may take a few days to a couple of weeks.
  5. If your application is approved, you will receive your HDFC Freedom Credit Card at the mailing address provided in the application form.

Online Application:

  1. Go to the HDFC Bank’s official website.
  2. Click on “Cards” under the Personal Banking section.
  3. Select “Credit Cards.”
  4. You’ll be taken to the credit cards page where they are categorized.
  5. Under “Other Credit Cards,” choose the HDFC Freedom Credit Card.
  6. Click on “Apply Now” to start the online application process.

Frequently Asked Questions (FAQs)

1. What is HDFC Freedom Credit Card?
The HDFC Freedom Credit Card is a co-branded credit card that offers a range of benefits, rewards, and discounts on various lifestyle categories such as dining, shopping, and entertainment.

2. How can I apply for an HDFC Freedom Credit Card?
You can apply for the HDFC Freedom Credit Card through the official HDFC Bank website or by visiting a nearby HDFC Bank branch. Online applications usually require you to fill out a form with your personal and financial details.

3. What are the key features of the HDFC Freedom Credit Card?
The key features include cashback rewards, reward points on spending, fuel surcharge waiver, and discounts on partner merchants. It is designed to provide benefits across different spending categories.

4. What is the annual fee for the HDFC Freedom Credit Card?
The annual fee for the HDFC Freedom Credit Card varies, and some variants may have no annual fee. It’s advisable to check the specific terms and conditions at the time of application.

5. How can I check the status of my HDFC Freedom Credit Card application?
You can check the status of your credit card application by visiting the HDFC Bank website and navigating to the ‘Track Your Credit Card’ section. Alternatively, you can contact the HDFC customer care helpline for assistance.

6. What is the interest-free period on HDFC Freedom Credit Card?
The interest-free period on the HDFC Freedom Credit Card is typically up to 50 days, provided you pay the outstanding balance in full by the due date.

7. Can I convert my purchases into EMI on HDFC Freedom Credit Card?
Yes, HDFC Freedom Credit Cardholders can convert their high-value purchases into easy monthly installments (EMI) using the bank’s EMI conversion facility.

8. How do I redeem reward points earned on my HDFC Freedom Credit Card?
You can redeem your HDFC Freedom Credit Card reward points through the HDFC Bank net banking portal or by contacting the HDFC customer care. Redemption options include merchandise, gift vouchers, and statement credit.

9. Is there a foreign currency markup fee for transactions made using the HDFC Freedom Credit Card abroad?
Yes, there is a foreign currency markup fee applicable for international transactions. The exact percentage may vary, so it’s recommended to check the terms and conditions provided by HDFC Bank.

10. How can I contact HDFC customer care for queries related to my Freedom Credit Card?
You can contact HDFC customer care through their helpline number, which is usually printed on the back of your credit card. Additionally, you can visit the official HDFC Bank website for alternative contact options such as email and chat support.