HDFC Bank
HDFC Bank Freedom Credit Card
Annual Fee
₹590₹500 + GSTBase Reward
1% points
Foreign Markup
3.5% on the conversion amount (plus applicable taxes)
Welcome Benefits
500 CashPoints as a welcome benefit.
Product Highlights
- 10X CashPoints on BigBasket, Swiggy, BookMyShow, OYO, and Uber
- 500 bonus CashPoints on card renewal
- 1% fuel surcharge waiver at all filling stations
Category Rewards
shopping
10X CashPoints
10X
dining
10X CashPoints
10X
Fee Waiver
Waived on ₹50,000 annual spend
Merchant-Specific Rewards
1 pt ≈ ₹0.25–₹0.50
BigBasket
10X CashPoints(2,500 CashPoints/month)
Swiggy
10X CashPoints(2,500 CashPoints/month)
BookMyShow
10X CashPoints(2,500 CashPoints/month)
OYO
10X CashPoints(2,500 CashPoints/month)
Uber
10X CashPoints(2,500 CashPoints/month)
Reward Calculator
Earns ₹1,410/year (net)
Modest gain. Solid hold if you like the perks.
₹25K
across all your buckets
2.0K
HDFC CashPoints
₹2.0K
via standard
Effective rate
0.67%
Annual fee
₹590
Year 1 net
+₹1,410
Year 2+ net
+₹1,410
ongoing
Adjust your spend by reward bucket
1 bucketsSurcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Excluded from rewards
fuel, rent, wallet, emi, cash advance, government
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
10X CashPoints on BigBasket, Swiggy, BookMyShow, OYO, and Uber. 1 CashPoint for every ₹150 spent on all other purchases.
- 1 CashPoint = ₹0.15 for various redemption options.
Benefits & Features
Domestic: N/A International: N/A No complimentary lounge access provided with this card.
Pros & Cons
Pros
- Easy redemption of CashPoints against an array of categories
- Up to 20% off on partner restaurants via Swiggy Dineout
Cons
- CashPoints expire after 2 years
- No benefits for entertainment or golf
- No lounge access provided
Additional Info
CashPoints can only be redeemed for cashback if a minimum of 500 CashPoints is available.
You can only use up to 50% of Cash Points to book flights/hotels on SmartBuy; the rest must be paid by credit card.
Maximum redemption of reward points in a calendar month is capped at 50,000.
Maximum 2,500 CashPoints per month on accelerated categories.
Excluded Categories
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Min Age
21 yrs
Salaried
₹0.1L+
Self-Emp
₹6.0L+
Networks
Fee Waiver
Waived on ₹50,000 annual spend