HDFC Bank Platinum Edge Credit Card also belongs to the cash back credit card segment of the HDFC Bank. It is one stylish looking credit card which can give you handsome reward points on dining spends.
Salaried: Age: Min 21 years & Max 60 years
Self Employed: Age: Min 21 years & Max 65 years
|Reward type||Cash back|
|Cash advance limit||40% of the credit limit (Credit limit is decided by bank post scrutiny)|
Card features summary
- Earn reward points on retail purchases which can be redeemed as cash back against outstanding balance
- Earn 50% more reward points on dining spends
- 1% fuel surcharge waiver
- Avail up to 50 days interest free period from date of purchase
Issuance and annual fee*
|Issuance charges||Rs. 500|
|Annual charges||Rs. 500 from 2nd year onwards|
|Add-on card issuance charges||Free|
|Add-on card annual charges||Free|
*exclusive of GST
Joining/ Renewal benefits
No joining/Renewal benefits on HDFC Bank Platinum Edge Credit Card.
Condition for waiving off annual fee
Spend Rs.50,000 in a year and get a waiver of next year’s annual membership fee.
- Earn 2 Reward Points for every Rs. 150 you spend on retail purchases except on fuel
- Get 3 Reward Points for every Rs. 150 you spend on dining
- E-wallet loading transactions will not accrue Reward points
- Reward points accrued will be reversed if a retail transaction is converted into EMI
- Reward points accrued for Insurance transactions will have a maximum cap of 2,000 per transaction
Note: Only retail purchases qualify for Reward Points. Cash advance, fees and other charges do not accrue any reward points.
Cash back redemption
Accumulate the reward points and redeem them as cash back against the outstanding amount on your Credit Card. (100 Reward Points = Rs. 10). You have option to Redeem your Reward Points for exciting gifts and air miles from an exclusive rewards catalogue.
Note: Reward points are valid for 2 years from the date of accumulation.
Airport lounge access (India)
There is no airport lounge access offer on HDFC Bank Platinum Edge Credit Card.
Fuel surcharge waiver
1% fuel surcharge waived off on fuel transactions of min. Rs. 400. Maximum cash back limited to Rs. 250 per statement cycle.
If you lose your Card, report it immediately to HDFC’s 24-hour call centre. After reporting the loss, you have a zero liability on any fraudulent transactions made on your card.
|Interest rate||Up to 3.5% Monthly|
|Cash advance||2.50% on withdrawn amount or Rs. 500 whichever is higher|
|Card reissue fee||Rs. 100|
|Foreign currency transactions||Mark-up of 3.5%|
|Over limit charges||2.5% on the over limit amount, minimum of Rs. 500|
Conclusion on HDFC Bank Platinum Edge Credit Card
Go for it factor
If you dine out frequently, this card can get you additional reward points on the same. It might not be the best choice for that factor but it can be the least costliest. Maximum utilization of this card can be made by waiving off annual fee by spending Rs. 50,000 in previous year.
Left out benefits
This section is just to highlight some of the popular benefits across credit cards segment which are missing on this card. All cards will not cover all the benefits and you need to decide whether this credit card suits your lifestyle and needs.
Airport lounge access, insurance and movie booking related offers are left out on this card.