HDFC Bank Freedom Credit Card

Name: HDFC Bank Freedom Credit Card
Brand: HDFC Bank
Price: 500 INR
Availability: InStock

Updated 3 Jul 2026Source-linked

The HDFC Bank Freedom Credit Card is a entry credit card from HDFC Bank, with a joining fee of ₹500 + GST.

It earns up to 10 pts per ₹200 (≈0.8% value) on select merchants spends in the form of cashpoints (points).

Welcome benefit: 500 CashPoints.

HDFC Bank Freedom Credit Card

Joining Fee₹500
Annual Fee₹500
Best Suited ForEveryday spends
Reward TypeCashPoints (points)

Rewards Rate

10 pts per ₹200 on select merchants (cap 2500 points / monthly)
Base 0.07% on other spends

Welcome Benefits

500 CashPoints
500 CashPoints

Data verified 3 Jul 2026 — see our methodology

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Rewards and Benefits

Rewards Rate

10 pts per ₹200 on select merchants (cap 2500 points / monthly)

Base 0.07% on other spends.

Reward Redemption

Redeem at ₹0.15 per unit.

Welcome Benefits

500 CashPoints

Milestone Rewards

N/A

Domestic Lounge Access

N/A

International Lounge Access

N/A

Travel

N/A

Movie & Dining

N/A

Golf

N/A

Insurance Benefits

N/A

Other Benefits

N/A

See the math — accelerations & caps

What you'd realistically keep — caps applied, channel premiums cut when you don't route through them, realized redemption value.

Online shoppingGroceriesDining & food deliveryFuelTravel & hotelsUtilities & billsRentInternational / forex

No accelerated categories apply to the spend you entered — everything earns the base rate.

Base-rate spend

Non-accelerated spend, summarized at this card's base rate.

Online shopping₹15,000 · 0.1% = ₹11/mo
Groceries₹8,000 · 0.1% = ₹6/mo
Groceries — earns base; accelerated rate needs booking via bigbasket, bookmyshow, oyo, swiggy, uber
Dining & food delivery₹8,000 · 0.1% = ₹6/mo
Dining & food delivery — earns base; accelerated rate needs booking via bigbasket, bookmyshow, oyo, swiggy, uber
Fuel₹4,000 · 0.0% = ₹0/mo
Travel & hotels₹10,000 · 0.1% = ₹8/mo
Travel & hotels — earns base; accelerated rate needs booking via bigbasket, bookmyshow, oyo, swiggy, uber
Utilities & bills₹5,000 · 0.1% = ₹4/mo

Est.net rewards for this spend, realistic

₹414/yr

₹414 rewards − ₹0 annual fee. Estimate for the spend you entered.

Fees & Charges

Spend-Based Waiver

₹50,000 in the preceding year

Rewards Redemption Fee

N/A

Foreign Currency Markup

3.50%

Interest Rates

3.75% per month (45.0% annualised)

Fuel Surcharge Waiver

1.0% waiver on transactions between ₹400 and ₹5,000, capped at ₹250 per statement.

Cash Advance Charges

2.5% or ₹500 (whichever is higher)

Product Details

entry card issued by HDFC Bank.
Joining / annual fee of ₹500 + GST, waived on annual spends of ₹50,000.
Available on the Visa network.

Pros & Cons

Pros

Annual fee waivable on ₹50,000 spend.

Cons

Standard forex markup of 3.50% — suboptimal for international spend.
No rewards on fuel spends.
No complimentary airport lounge access.

₹75 welcome benefit

500 CashPoints
Joining membership fee paid
500 CashPoints
Renewal membership fee paid

Accelerated rewards

10 pts per ₹200 on select merchants (cap 2500 points / monthly)
Merchants: bigbasket, bookmyshow, oyo, swiggy, uber
10X CashPoints on Big Basket, BookMyShow, OYO, Swiggy & Uber (capped 2,500 CashPoints/month).

Capping rules

Utility MCC 4900 capped at 2,000 CashPoints/month.
Telecom & Cable MCCs 4812, 4814, 4899 capped at 2,000 CashPoints/month.

Exclusions

The following spend categories earn no rewards on this card:

fuel
wallet loads
rent
insurance premiums
emi

Fuel surcharge waiver

1.0% waiver on fuel transactions between ₹400 and ₹5,000, capped at ₹250 per statement.

Sources

: www.hdfc.bank.in · retrieved 3 Jul 2026

Last verified 3 Jul 2026. Verify with the issuer before applying.

Eligibility

Age: 21–60
Credit score: 700+
Income (salaried): ₹1,20,000 p.a.
Income (self-employed): ₹2,40,000 p.a.

Tagsentry points lowest tier