If you also use HDFC Bank’s credit card, then be careful. It is possible that the use of HDFC Bank Credit Card may become expensive for you in the new year. Some customers have also received SMS regarding this.
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Largest private sector banks in the country HDFC Bank Of credit card Can be expensive in the new year. Some customers have also received SMS in this regard from the bank. It has been said in these that the fee structure of some credit cards of the bank is going to change from January 1, 2023. You also check whether your card is not included in this…
HDFC Bank changed the fee structure
HDFC Bank has revised the fee structure for paying rent through third-party merchants. According to the bank’s website, now 1 percent of the total amount of the transaction will be charged as a fee for such payment. This charge will be taken from the rental transaction of the second month.
Along with this, the bank has also made changes in the reward point system and international transaction charges.
This charge will be applicable on international transactions
Now if you do any store or online transaction in Indian rupees at an international location, you will have to pay a conversion fee at the rate of 1 percent. This fee will also be applicable for transactions with merchants based in India who are registered in any other country.
There will be a change in the reward system of these cards
HDFC Bank has introduced the reward point system of its different credit cards. (HDFC Bank Credit Card Reward Points) Changes have also been made in For example, Infinia card holders can redeem only 1.5 lakh points in a month on the bank’s reward point portal SmartBuy.
Whereas for Diners Black card holders this limit is 75,000 while for others it is 50,000. While Infinia card holders can redeem a maximum of 50,000 points in a month on Tanishq vouchers.
Cashback redemption on the bank’s Millennia, Easy EMI Millennia, Bharat, Pharmeasy and Paytm cards has been capped at 3000 points in a month. While on other cards it will be 50,000 points. However, this change will happen from February 1.
English Headline: HDFC Bank revised fee structure reward point system for some Credit Cards effective from 1st January 2023.
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