HDFC Bank
HDFC Bank UPI RuPay Credit Card
3.5 / 5rupay
- Joining fee
- ₹99
- Annual fee
- ₹99
- Base reward
- 0.25%
- Min income
- ₹12,000/mo
- Forex markup
- —
- Interest p.a.
- 45%
Where it earns
| Category | Rate | Monthly cap |
|---|---|---|
| Groceries | 0.75% | ₹125 |
| Dining | 0.75% | ₹125 |
| Utilities & bills | 0.5% | ₹125 |
| UPI spends | 0.25% | ₹125 |
Benefits
- ▸Pay directly from the credit card via UPI by linking it to UPI apps (e.g. PayZapp, Google Pay, PhonePe).
- ▸Earn CashPoints on both UPI spends and regular online/POS spends, subject to per-category caps.
- ▸1 CashPoint = Rs. 0.25 redemption value; minimum 2,000 CashPoints (Rs. 500) required to redeem; unredeemed CashPoints lapse after 2 years.
The good
- + Very low joining and renewal fee of Rs. 99, waived on Rs. 25,000 annual spends.
- + Lets you make UPI payments directly from a credit card by linking it to UPI apps.
- + Earns CashPoints on UPI/scan-and-pay spends, which most credit cards exclude.
- + 3% CashPoints tier (0.75% value-back) on everyday groceries, supermarket and dining spends.
- + 2% CashPoints (0.50% value-back) on utility bill payments, which many cards exclude.
The catch
- − Per-category monthly caps of 500 CashPoints (Rs. 125) sharply limit total rewards.
- − Low CashPoint value (Rs. 0.25) makes headline percentages much smaller in effective value-back.
- − No airport lounge access or fuel surcharge waiver.
- − Many common categories (rent, fuel, insurance, education, wallet loads, EMI, government) are excluded from rewards.