HDFC Bank Pine Labs Credit Card

Renewal fee

₹499 a year.

Joining fee

₹499 + GST

Fee waiver rule

Renewal Fee waived upon spending ₹50,000 (Non-EMI Spends) in the 12 months period.

Add-on card fee

₹0

Reward rate

2 Reward Points for every ₹150 spent on all POS spends (except EMI spends, fuel and wallet load transactions)

Online earning

4 Reward Points per ₹150 spent on e-commerce, excluding EMI, fuel, and wallet load transactions

Rent earning

Rent payments will not earn Reward Points /CashPoints.

Utilities earning

5% CashBack on business essentials like Utility, Telecom, IRCTC, Govt, and tax payments (₹250 monthly cap)

Reward exclusions

No Reward Points accrual on Spends made on Rental and Education category payments.

Reward caps

Accrual of Reward Points on Grocery Spends will be capped at 1000 points per month per customer.

Cashback redemption

CashBack 0.2

Catalogue redemption

Product Catalogue Up to 0.25

Flight redemption

Capped at 50,000 reward points per calendar month.

Hotel redemption

Up to a maximum of 50% of booking value

Redeeming points for travel

Smartbuy Travel 0.2

Voucher and product redemption

CashBack can be redeemed for vouchers using Pine Labs' outward payment platform.

Point expiry

Valid only for 2 years

Airline and hotel partners points may move to

Airmiles 0.25

Milestone benefits

2,500 Bonus Reward Points on yearly spends of ₹1.8 Lakh (Non-EMI Spends)

Fuel surcharge waiver

1% fuel surcharge waiver on minimum transaction of ₹400

Surcharge on railway tickets

1%

Air accident cover

Personal Accidental Death Cover of ₹30 Lakh.

Balance transfer terms

1% of BT amount or ₹250, whichever is higher.

Purchase to EMI conversion

No Cost & Low cost EMI options on your Credit Card.

Forex markup

3.5% on foreign currency transactions.3.50% of transaction value

Dynamic currency conversion markup

1.75%

Cash advance fee

2.5% of amount withdrawn or ₹500 whichever is higher.

Cash advance interest

All cash advances also carry a finance charge equal to charges on revolving credit.

Cash withdrawal limit

Cash withdrawal limit: 40% of the Credit Limit.

Interest on unpaid balance

3.75% per month (i.e., 45% per annum)

Late payment fee

Nil to ₹1,300 (excl. GST), by bill amount

Over-limit fee

2.5% of the overlimit amount subject to minimum of ₹550

Payment return or dishonour fee

2% of the payment amount (minimum ₹450)

Statement or duplicate statement fee

Duplicate physical statement charges: ₹10 per duplicate physical statement.

Card replacement fee

₹199 for non-metal cards; ₹3,500 for metal cards (reissue of lost, stolen or damaged card)

Cash payment / cash deposit fee

₹100 (for all card payments made by depositing in HDFC Bank branches or ATMs)

Education / school fee charge

1% fee will be levied on Education transactions done through third party applications.

Fee on online skill-based gaming spends

1% fee will be levied on Online Skill based gaming spends exceeding ₹10,000 in a calendar month.

Reward redemption fee

₹99 + GST per catalogue redemption request

Wallet load charge

1% fee will be levied on Wallet loading spends exceeding ₹10,000 in a calendar month.

Rent transaction fee

1% fee on transaction amount will be levied on rental transactions.

GST note

GST applicable on all Fees, Charges and Interest transactions effective 1st July 2017

Grace days after the due date

Up to 50 days of interest free credit

Minimum amount due

Total GST + EMI amount + 100% of Fees/Charges + 5% of (Finance Charge + Retail Spends + Cash Advance); if that 5% is less than the Finance Charge, 100% of Finance Charges + 5% of (Retail Spends + Cash Advance); plus Overlimit Amount (if any)