HDFC Bank Platinum Times Credit Card

The HDFC Platinum Times Credit Card, known as the “Entertainment Card,” is a product offered by HDFC Bank in collaboration with Times Internet. It caters to the lifestyle preferences of the youth, providing various benefits in the realms of movies, dining, and shopping. This co-branded initiative is designed to help young individuals save money and earn rewards through HDFC Bank.

For every dining expenditure of Rs 150 on weekdays, cardholders receive 10 reward points, and for every overall spend of Rs 150, they earn 3 reward points. The accrued reward points can be redeemed by accessing the product catalog through the net banking account.

Key Highlights of HDFC Platinum Times Credit Card

  1. Diverse Gift Vouchers: Explore a range of gift vouchers covering shopping, dining, apparel, and various other categories.
  2. Reward Points: Earn 3 Reward Points for every Rs. 150 spent using the card.
  3. Movie Ticket Discount: Enjoy a 50% discount on BookMyShow movie ticket bookings, with a maximum discount of Rs. 600 per transaction.
  4. Accelerated Reward Points on Dining: Get 10 Reward Points per Rs. 150 spent on dining during weekdays.
  5. Year-Round Offers: Benefit from ongoing offers and discounts throughout the year on travel, shopping, dining, and wellness at specific partner merchants.

Features and Benefits of HDFC Platinum Times Credit Card

The HDFC Platinum Times Credit Card offers several features and benefits:

1. Welcome Benefit: Embark on your journey of entertainment and dining with a diverse range of vouchers covering apparel, shopping, dining, and more, courtesy of the bank.

2. Movie and Dining Benefits:

  • Access a variety of city-specific offers and discounts, including those on dining, movie tickets, and online shopping.
  • Enjoy up to a 25% discount on movie ticket bookings.
  • Indulge in a year-round 20% dining discount at partner restaurants when using your HDFC Times Platinum Credit Card.

3. Fuel Benefits:

  • Receive a 1.5% fuel surcharge waiver for transactions made with the HDFC Times Platinum Credit Card.
  • The maximum waiver per statement cycle is Rs.250.

4. Insurance Benefits:

  • Conduct a minimum of 4 transactions monthly to qualify for complimentary Accidental Death insurance valued at Rs.50 lakh.
  • Safeguard goods over Rs.5,000 with free Fire and Burglary protection for a duration of 6 months.
  • In the event of a lost credit card, promptly report it to HDFC credit card customer care to enjoy zero liability on fraudulent transactions.

5. Reward Point Benefits:

  • Earn 3 reward points for every Rs.150 spent with the HDFC Bank Platinum Times credit card.
  • Gain accelerated rewards of 10 points for every Rs.150 spent on dining during weekdays.
  • Accumulated reward points remain valid for 2 years from the date of accrual.

HDFC Platinum Times Credit Card Fees and Charges

Explore the fee structure for the HDFC Bank Platinum Times Credit Card and discover the financial advantages that come with it.

  1. Annual Fee: Amount: Rs.1,000
  2. Cash Advance: Limit: 40% of the credit limit
  3. Interest-Free Period: Up to 50 days
  4. Minimum Repayment: 5% of the outstanding amount or Rs.200 (whichever is higher)
  5. Charges on Revolving Credit: 3.49%
  6. Charges on Over Limit Account: 2.5% on the over limit amount, with a minimum of Rs.450
  7. Cash Advance Charges: 2.5% on the withdrawn amount or Rs.500 (whichever is higher)
  8. Additional Card Fee: Free
  9. Late Payment Charges:
  • Nil if statement balance is less than Rs.100
  • Rs.100 if statement balance is between Rs.100 and Rs.500
  • Rs.500 if statement balance is between Rs.501 and Rs.5,000
  • Rs.600 if statement balance is between Rs.5,001 and Rs.10,000
  • Rs.800 if statement balance is between Rs.10,001 and Rs.25,000
  • Rs.950 if statement balance is more than Rs.25,000

Eligibility Criteria for HDFC Bank Platinum Times Credit Card

Here are essential criteria for applying for an HDFC Platinum Times Credit Card:

1. Age Requirements:

  • Salaried Employees: Between 21 and 60 years old.
  • Self-Employed Individuals: Between 21 and 65 years old.

2. Income Criteria (as per ITR):

  • Salaried Employees: Minimum annual income of Rs 4,20,000.
  • Self-Employed Individuals: Minimum annual income of Rs. 6,00,000.

Documents Required for HDFC Times Platinum Credit Card

To apply for the HDFC Times Platinum Credit Card, you will typically need to provide the following documents:

1. Identity Proof:

  • Aadhar Card
  • Voter’s ID
  • PAN Card
  • Passport
  • Driving License

2. Address Proof:

  • Latest month’s electricity/water bills
  • Aadhar Card
  • Passport

3. Income Proof:

For Salaried Individuals:

  • Latest bank statements
  • Salary slips

For Self-Employed Individuals:

  • Latest audited Income Tax Return (ITR)

How To Apply for HDFC Platinum Times Credit Card?

Follow these steps to apply for the HDFC Platinum Times Credit Card online:

  1. Go to HDFC Bank’s official website.
  2. Navigate to the ‘Pay’ section and select ‘Cards.’
  3. Click on ‘Credit Cards’ in the submenu.
  4. Look for the Platinum Times Credit Card under the ‘Others’ category.
  5. Choose the ‘Apply Now’ option associated with the Platinum Times Credit Card.
  6. Carefully enter your details as you proceed with the application.

Frequently Asked Questions (FAQs) –

1. What is the HDFC Platinum Times Credit Card?

The HDFC Platinum Times Credit Card is a premium credit card offering a range of benefits and rewards, tailored for those who appreciate lifestyle privileges.

2. What are the key features of the HDFC Platinum Times Credit Card?

Some key features include accelerated rewards on lifestyle spends, dining benefits, airport lounge access, and exclusive offers on entertainment.

3. How can I apply for the HDFC Times Platinum Credit Card?

You can apply for the card by visiting the official HDFC Bank website, navigating to the ‘Pay’ section, selecting ‘Cards,’ then ‘Credit Cards,’ and choosing the Platinum Times Credit Card under the ‘Others’ category. Click on ‘Apply Now’ to initiate the application.

4. What are the eligibility criteria for HDFC Times Platinum Credit Card?

Eligibility criteria typically include age, income, and credit score requirements. Check the specific criteria on the HDFC Bank website or contact the bank for detailed information.

5. What are the rewards and benefits offered by the Platinum Times Credit Card?

The card offers rewards in the form of accelerated reward points on lifestyle and entertainment spends, dining discounts, complimentary airport lounge access, and exclusive discounts on partner brands.

6. How does the rewards program work?

The rewards program allows you to earn points for every eligible transaction made with the card. These points can be redeemed for a variety of rewards, including merchandise, gift vouchers, and more.

7. Are there any annual fees associated with the HDFC Times Platinum Credit Card?

Check the latest fee structure on the HDFC Bank website as it may be subject to change. Some credit cards may have an annual fee, but it could be waived based on certain conditions.

8. Can I track my credit card transactions and statements online?

Yes, HDFC Bank provides online banking services that allow you to easily monitor your credit card transactions, check statements, and manage your account.

9. What is the credit limit offered with the HDFC Times Platinum Credit Card?

The credit limit is determined based on various factors, including your credit history, income, and other financial considerations. Contact HDFC Bank for specific details regarding your credit limit.

10. How can I contact customer support for queries related to the Platinum Times Credit Card?

You can reach HDFC Bank’s customer support through their helpline or visit a nearby branch. Additionally, many queries can be addressed through online banking services and the official HDFC Bank website.