HDFC Bharat CashBack Credit Card is one of the well-known cash back credit card from HDFC bank. The annual fee also is reasonable enough for this card. Do go through review to find out how can you save yourself from paying annual fee.
Salaried: Age: Min 21 years & Max 60 years, Income: Gross Monthly Income> Rs. 12,000
Self Employed: Age: Min 21 years & Max 65 years, Income: ITR > Rs. 2 Lakhs per annum
|Reward type||Cash back|
|Cash advance limit||40% of the credit limit (Credit limit is decided by bank post scrutiny)|
Card features summary
- Enjoy 5% cash back across categories like IRCTC bookings, fuel, bill pay and recharges
- 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 Bharat CashBack Credit Card.
Condition for waiving off annual fee
Spend Rs.20, 000 in a year and get a waiver of next year’s annual membership fee.
Cash back benefits
1) Enjoy 5% Cash back on rail bookings through IRCTC website or mobile app
2) Enjoy 5% Cash back on Fuel Spends
3) Enjoy 5% Cash back on all Bill pay and recharges done using the Bharat CashBack card
4) Additionally enjoy 5% Cash back for all EasyEMI, PayZapp and SmartBUY transactions using the card
Note: Maximum Cash back per month for categories 1, 2 and 3 is Rs.150 (combined) and for category 4 it’s Rs.150 (combined).
Cash back redemption
Cash back will be retained as points and can be redeemed as Cash back on customer request. It can be redeemed online also after logging to HDFC net banking.
Airport lounge access (India)
There is no airport lounge access offer on HDFC Bharat CashBack 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|Cash advance||2.50% on withdrawn amount or Rs. 500 whichever is higher|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 Bharat CashBack Credit Card
Go for it factor
This is a good cash back card to have from HDFC. It provides cash back across various categories as explained above in detail. Along with this enjoy fuel surcharge waiver for up to 250 per statement cycle. And best thing is, if you manage to spend Rs.20000 in a year then subsequent year’s annual fee is waived off. So practically this card can be free of cost.
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.
This card mainly focuses on providing cash back to customer. So it doesn’t have offers related to lounge access or movie bookings. For an annual fee of Rs. 500, it is a good enough deal.