HDFC UPI RuPay Credit Card

HDFC Bank, India’s largest private sector bank, has introduced an innovative UPI RuPay credit card. It enables cardholders to link their card with a UPI ID for transactions on popular UPI apps like Paytm, Mobikwik, PhonePe, Google Pay, and more. This pioneering card offers the unique ability to link a credit card with UPI for seamless transactions.

HDFC Bank has launched this card with a focus on providing convenience and easy credit to its customers, ensuring secure transactions on BHIM and other UPI apps. The UPI RuPay credit card offers enticing benefits, including up to 3% cashback on specific spend categories, whether through UPI or regular transactions. Notably, this card is entirely virtual, eliminating the need for physical card delivery.

Key Highlights of HDFC Bank UPI RuPay Credit Card

Key Highlights of HDFC Bank UPI RuPay Credit Card:

  1. Unified Payments Interface (UPI) Integration: Seamlessly link your credit card to UPI for convenient and secure transactions.
  2. Cashback Rewards: Earn CashPoints on various transactions, including groceries, dining, utility payments, and more.
  3. Virtual Card: Access your credit card as a virtual card through the HDFC MyCards platform, eliminating the need for a physical card.
  4. Renewal Fee Waiver: Spend Rs. 25,000 or more in the previous calendar year to enjoy a renewal fee waiver of Rs. 250.
  5. Versatile Usage: Use this card for regular spending, UPI payments, and enjoy the benefits of a RuPay credit card from HDFC Bank.
  6. Simplified Banking: Experience the convenience of integrated UPI and credit card services with HDFC’s trusted banking solutions.

Features and Benefits of HDFC Bank UPI RuPay Credit Card

The HDFC Bank UPI RuPay Credit Card offers several features and benefits:

1. UPI Benefits:

  • Earn CashPoints on regular and UPI payments at the same rate as other transactions.
  • Easily link HDFC RuPay Credit Cards to UPI Apps.

2. Cashback Benefits:

  • 3% CashPoints (up to 500 points/month) on PayZapp, groceries, supermarkets, and dining.
  • 2% CashPoints (up to 500 points/month) on utility spends.
  • 1% CashPoints (up to 500 points/month) on other purchases (excludes rent, wallet loads, EMI, fuel, and government spends).
  • Each CashPoint is worth Rs. 0.25.

3. Virtual Card:

  • The card is issued as a virtual card accessible through the HDFC MyCards platform. No physical UPI RuPay card is provided.

4. Fee Waiver:

  • Enjoy a card renewal fee waiver of Rs. 250 by spending equal to or more than Rs. 25,000 in the previous calendar year.

HDFC UPI RuPay Credit Card Fees and Charges

Here are the fees and charges associated with the HDFC UPI RuPay Credit Card:

  1. Joining Fee: Rs. 250
  2. Renewal Fee: Rs. 250 (waived if you spend Rs. 25,000 or more in the previous year)
  3. Supplementary Card Fee: None
  4. Finance Charges: 3.6% per month or 43.2% annually
  5. Late Payment Fee:
  • Less than Rs. 100: Nil
  • Between Rs. 100 to Rs. 500: Rs. 100
  • Between Rs. 501 to Rs. 5,000: Rs. 500
  • Between Rs. 5,001 to Rs. 10,000: Rs. 600
  • Between Rs. 10,001 to Rs. 25,000: Rs. 800
  • Between Rs. 25,001 to Rs. 50,000: Rs. 1,100
  • More than Rs. 50,000: Rs. 1,300

UPI RuPay Credit Card HDFC Eligibility

To qualify for the UPI RuPay Credit Card HDFC, you must adhere to the following conditions:

  1. Age: The primary cardholder should be within the age range of 21 to 65 years.
  2. Income: Applicants should have a regular source of income, which might differ based on the specific card variant. Usually, a minimum income requirement is set.
  3. Credit Score: A good credit score is often required, typically above 750.
  4. Nationality: Generally, the card is available to Indian residents and, in some cases, NRIs may also be eligible.
  5. Employment: You may need to be salaried or self-employed, depending on the specific card.
  6. Address Proof: You’ll need to provide proof of your current address, such as a utility bill or rental agreement.
  7. Identity Proof: A valid PAN card, Aadhar card, or passport is typically required.
  8. Bank Account: You might need an account with HDFC Bank, as this can influence your eligibility.

Documents Required for HDFC UPI RuPay Credit Card

To apply for an HDFC UPI RuPay Credit Card, you will typically need the following documents:

1. Identity Proof:

  • PAN Card
  • Aadhar Card
  • Passport
  • Voter ID
  • Driver’s License
  • Any other government-issued photo ID

2. Address Proof:

  • Aadhar Card
  • Passport
  • Utility Bills (electricity, gas, water, or landline telephone bills)
  • Bank Account Statement
  • Rental Agreement
  • Voter ID
  • Driver’s License

3. Income Proof:

  • Salary Slips (for salaried individuals)
  • Form 16 (for salaried individuals)
  • Income Tax Returns
  • Bank Statements
  • Business Financial Statements (for self-employed individuals)

4. Passport-sized Photographs: You may be asked to provide a few recent passport-sized photographs.

5. Duly Filled Application Form: Complete the credit card application form provided by HDFC Bank.

6. Bank Account Proof: Proof of an existing bank account, preferably with HDFC Bank, such as a bank statement.

7. Employment Proof: Depending on your employment status, you may need to provide employment verification, like an offer letter (for salaried individuals) or business ownership documents (for self-employed individuals).

8. Credit Score: HDFC Bank may check your credit score as part of the application process. A good credit score is often a requirement for credit card approval.

How to apply for HDFC Bank UPI RuPay Credit Card

To apply for an HDFC Bank UPI RuPay Credit Card, you can follow these general steps:

1. Check Eligibility:

  • Ensure you meet the eligibility criteria, which typically include factors like age, income, and credit score. Refer to the HDFC Bank website for specific eligibility requirements for the UPI RuPay Credit Card.

2. Gather Required Documents:

  • Collect the necessary documents, including identity proof, address proof, income proof, and any other documents as specified by the bank. Refer to the previous response for a list of commonly required documents.

3. Visit HDFC Bank Website:

  • Go to the official HDFC Bank website.

4. Navigate to the Credit Cards Section:

  • Locate the credit cards section on the HDFC Bank website. You can usually find this in the “Products” or “Credit Cards” section.

5. Select the UPI RuPay Credit Card:

  • Browse the credit card options and select the UPI RuPay Credit Card that you want to apply for.

6. Click on the “Apply Now” or “Apply Online” Button:

  • Click the relevant button to initiate the application process.

7. Fill Out the Online Application Form:

  • Complete the online application form with your personal and financial information. Make sure to provide accurate and up-to-date details.

8. Upload Required Documents:

  • Scan and upload the necessary documents, including your identity proof, address proof, and income proof.

9. Submit the Application:

  • Review the application for accuracy and then submit it.

10. Application Processing:

  • After submitting your application, HDFC Bank will review your information and documents. They may also conduct a credit check.

11. Wait for Approval:

  • You will be notified of the status of your application, whether it is approved or declined. This may take some time, so be patient.

12. Receive Your UPI RuPay Credit Card:

  • If your application is approved, HDFC Bank will send you the UPI RuPay Credit Card to your registered address.

Frequently Asked Questions (FAQs)

1. What is HDFC Bank UPI RuPay Credit Card?

HDFC Bank UPI RuPay Credit Card is a credit card that is linked to your UPI (Unified Payments Interface) account. It allows you to make credit card transactions seamlessly through the UPI platform.

2. How do I apply for HDFC Bank UPI RuPay Credit Card?

You can apply for the HDFC Bank UPI RuPay Credit Card through the HDFC Bank website or by visiting a branch. The application process typically involves filling out an online form, submitting necessary documents, and meeting the eligibility criteria set by the bank.

3. What are the key features of HDFC Bank UPI RuPay Credit Card?

Key features include seamless integration with UPI, contactless payments, rewards program, cashback offers, and easy tracking of transactions through the HDFC Bank mobile app.

4. How does the UPI integration work with the credit card?

The UPI integration allows you to link your credit card to your UPI ID, enabling you to make payments directly from your UPI account. This provides a convenient and secure way to manage your credit card transactions.

5. Can I use HDFC Bank UPI RuPay Credit Card for online transactions?

Yes, you can use the HDFC Bank UPI RuPay Credit Card for online transactions. Simply enter your credit card details during the payment process on websites or mobile apps that accept RuPay cards.

6. What security features are in place for HDFC Bank UPI RuPay Credit Card?

The card comes with advanced security features such as EMV chip technology, PIN protection, and secure encryption to ensure the safety of your transactions.

7. How can I check my HDFC Bank UPI RuPay Credit Card statement?

You can check your credit card statement through the HDFC Bank mobile app, internet banking, or by receiving monthly statements via email. The statement provides a detailed overview of your transactions, outstanding balance, and due dates.

8. Is there a rewards program associated with HDFC Bank UPI RuPay Credit Card?

Yes, HDFC Bank UPI RuPay Credit Card often comes with a rewards program. You can earn reward points for every transaction and redeem them for a variety of benefits, including cashback, merchandise, or travel vouchers.

9. What should I do if my HDFC Bank UPI RuPay Credit Card is lost or stolen?

In case of loss or theft, immediately contact HDFC Bank’s customer service to report the incident. The bank will take necessary measures, such as blocking the card, to prevent unauthorized transactions.

10. Are there any charges associated with HDFC Bank UPI RuPay Credit Card?

The charges may include annual fees, interest rates on outstanding balances, and other applicable fees. It’s important to review the terms and conditions provided by HDFC Bank and be aware of any associated charges.