HDFC Bank
VISA•••• •••• •••• 4242
HDFC Bank Freedom Credit Card
HDFC Bank Freedom Credit Card
HDFC Bank
Annual Fee
₹500
Effective Rate
0.15%
Network
VISA
Point Value
₹0.15/pt
About HDFC Bank Freedom Credit Card
Entry-level cashback card. 1 pt/₹150 base (0.67/₹100). 10X on BigBasket, BookMyShow, OYO, Swiggy & Uber. 1 RP = ₹0.15 (SmartBuy/cashback/airmiles). 10% off Swiggy Dineout. ₹1,000 PayZapp CashPoints. 1% fuel surcharge waiver. 500 RP welcome bonus.
Best For
Pros & Cons
thumb_upPros
- check_circle10% Off Swiggy Dineout
- check_circleSpending milestone bonuses for high spenders
thumb_downCons
- cancelAnnual fee of ₹500 with no waiver option
- cancelForeign transaction fee applies on overseas spends
- cancelPoints redemption catalog may limit flexibility
Reward Earning Structure
Each point is worth ₹0.15 — an effective return of 0.15% on spend.
| Category | Earn Rate | Per ₹10,000 Spent |
|---|---|---|
| All other spends | 6.7% | 670 pts≈ ₹101 |
| All other spends | 0.67% | 67 pts≈ ₹10 |
Points can typically be redeemed for flight tickets, hotel bookings, cashback, gift vouchers, or merchandise via the HDFC Bank rewards portal. Redemption value may vary by option.
Card Benefits
10% Off Swiggy Dineout
Additional 10% discount on dining via Swiggy Dineout using coupon code HDFCCARDS.
₹1,000 PayZapp CashPoints
₹1,000 CashPoints on in-app shopping across 200+ brands via PayZapp.
~₹1,000/yr value
1% Fuel Surcharge Waiver
1% fuel surcharge waiver at all fuel stations (min ₹400; max ₹250/statement cycle).
Zero Lost Card Liability
Zero liability on fraudulent transactions if reported immediately.
Spending Milestones
Unlock bonus rewards when your annual spend crosses these thresholds.
Spend ₹50,000 (ANNUAL)
Annual renewal fee of ₹500 waived on ₹50,000 annual spend.
Fees & Charges
Key fees at a glance. For the complete schedule refer to the official Key Fact Statement (KFS) on the HDFC Bank website.
| Annual Fee | ₹500 |
| Forex Markup | As per issuer schedule |
| Interest Rate (APR) | Refer to KFS |
| Late Payment Charges | Refer to KFS |
| Cash Advance Fee | Refer to KFS |
Eligibility & Documents Required
Eligibility Criteria
- checkAge: 18–70 years (primary cardholder)
- checkMinimum annual income: As per bank norms
- checkCIBIL score: 750+ recommended
- checkEmployment: Salaried or self-employed Indian resident
Documents Required
- descriptionPAN Card (mandatory)
- descriptionAadhaar / Passport / Voter ID (address proof)
- descriptionSalary slips — last 3 months (salaried)
- descriptionLatest ITR or Form 16 (self-employed / salaried)
- descriptionBank statements — last 3 months
- descriptionPassport-size photograph
Frequently Asked Questions
Common questions about HDFC Bank Freedom Credit Card.
Ready to apply for HDFC Bank Freedom Credit Card?
Apply directly on the HDFC Bank website. Most decisions within 7–10 working days.
Affiliate disclosure: CreditBrain may earn a referral fee if you apply via our link. This does not affect our editorial independence.