The Tata Neu Infinity HDFC Bank credit card is the premium option among the two co-branded Tata Neu HDFC Bank credit cards. It provides an attractive reward rate ranging from 1.5% to 5%, making it a top choice for UPI spending. This credit card offers a range of benefits, including complimentary access to airport lounges and an impressive 5% rewards rate on Tata Neu purchases. It is undoubtedly a valuable addition to your collection of credit cards. Here’s a comprehensive review of the Tata Neu Infinity HDFC Bank credit card.
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| Joining Fee | Rs 1499 plus taxes |
| Annual Fee | Rs 1499 plus taxes or NIL |
| Best Suited For | Reward Points |
| Best Features | Earn a 5% cashback in the form of NeuCoins when making purchases at Tata Neu and affiliated Tata brand stores, excluding EMI transactions. |
| Reward Points | This card offers a 5% cashback on Tata Neu and partner brand app purchases, as well as Air India mobile bookings and utility bill payments through Tata Pay. All other expenses, including merchant EMI and UPI transactions, earn a 1.5% cashback. |
| Cashback | You can earn cashback rewards with the Tata Neu app: 10% in the form of Neucoins within the app, 5% cashback at Tata partner brands, and 1.5% cashback for all other purchases. |
| Yoindi Rating | 4.5/5 |
| Joining fee | Rs 1499 |
| Annual membership fee | Rs 1499 |
| Finance charges on retail purchases and cash | 3.6% per month |
| Lounge access | You'll receive four complimentary domestic lounge accesses per year, one available every quarter, for both RuPay and Visa cards. There is a nominal fee of Rs.2 for each additional lounge visit. |
| Cash withdrawal fees | 2.5% of the withdrawn amount or a minimum of Rs. 500, depending on which amount is higher. |
| Late payment fee | Late payment charges for the Tata Neu Infinity HDFC Bank Credit Card vary based on the statement balance. For balances less than Rs. 100, there are no late payment charges. The charges range from Rs. 100 to Rs. 1,300 for higher statement balances, with the maximum fee applied to balances over Rs. 50,000. |
| Auto-debit reversal | You'll receive 2% of the total due amount, with a minimum cashback of Rs 450 and a maximum of Rs 1,512. |
| Fuel transaction surcharge | A 1% fuel surcharge is exempted at Indian fuel stations, with transaction limits set between a minimum of Rs. 400 and a maximum of Rs. 5,000. The maximum surcharge waiver within one statement cycle is capped at Rs. 250. |
To be eligible for the Tata Neu Infinity HDFC Bank Credit Card, salaried Indian nationals should have a monthly income of over Rs 1 lakh, with an age range of 21 to 60. Self-employed Indian nationals need to have an annual income exceeding Rs 12 lakhs as per their Income Tax Return (ITR), and their age should fall between 21 and 65.
The Tata Neu Infinity HDFC Bank Credit Card application necessitates specific documents. These include identity proof like Aadhar Card, PAN Card, Voter’s ID, Passport, or a driver’s license. Address proof should be in the form of recent utility bills, rent agreements, Aadhar Card, or Passport. For income verification, applicants can provide the latest bank statements or salary slips. Self-employed individuals should submit their latest audited Income Tax Return (ITR).
To check your Tata Neu Infinity HDFC Bank Credit Card application status:
You can also:
1. Reward Points: When using this card for both ordinary and special category purchases, reward points are usually awarded. You may accumulate these reward points and exchange them for various kinds of products and services, including as gift cards, merchandise, or even bill credit.
2. Lounge entrance: Free entrance to airport lounges is available to cardholders. Offering a calm and cosy area to unwind before or in between flights, this is an excellent perk for regular travellers.
3. Fuel fee Waiver: A fee waiver is applied when you pay for fuel at Indian gas pumps with this card. This lowers the price at which fuel is purchased.
4. Cashback on Selected Purchases: The card frequently offers cashback on certain spending categories. This may assist you save money on these costs by offering cashback on purchases of Tata Neu and partner brand applications, utility bill payments, and other qualifying transactions.
5. Adaptable Repayment Options: Cardholders can choose to split up larger purchases into affordable installments, frequently at a reduced interest rate. This tool can assist you in better managing your finances and creating a budget.
6. No Membership Fee: A number of credit card promotions waive the annual fee, which might save you money when you first apply for the card.
7. Additional cards: You have the option to add more cards, usually at no cost to you, and they will be entitled to the same privileges as the principal cardholder. Sharing card benefits with trusted individuals or family members is made easier by this.
8. Exclusive Offers: In addition to enhancing your overall lifestyle and saving you money, the card may also provide exclusive deals and discounts on dining, shopping, travel, and entertainment.
1. Annual Fees: If the card includes an annual charge and the incentives and advantages do not outweigh the expense, it could be very expensive.
2. Interest Charges: There may be significant interest charges on outstanding balances if you carry a balance from month to every month, which decreases the value of any awards or bonuses.
3. Eligibility Requirements: The card includes age and income restrictions that may prevent some people from applying.
4. Limited Acceptability: When travelling or transacting internationally, the card’s acceptability may be limited in comparison to international credit card networks like Visa or Mastercard.
5. Minimum Spend Requirements: If you have lesser spending habits, you may find that certain cashback or reward features have minimum spending requirements that must be met in order to receive advantages.
6. Cashback Categories: The reward or cashback categories might not match your purchasing patterns, which would make it less helpful for particular costs.
7. Late Payment Fees: If you fail to make a payment on time, the card may charge you late fees and penalties. These can be expensive and have an adverse impact on your credit report.
8. Annual Percentage Rate (APR): Having balances on the card can be costly due to the comparatively high APR for the revolving credit on the card.
9. Supplementary Card Fees: Adding more cardholders may incur additional costs, regardless of the convenience that supplementary cards provide.
10. Foreign Transaction Costs: The cost of purchases made with the card abroad may increase if foreign currency costs are applicable.
For those who meet the following requirements, the Tata Neu Infinity HDFC Bank Credit Card is very appropriate:
1. Frequent Travellers: The free lounge access offered by this card can be an excellent benefit if you frequently travel by air and value access to airport lounges.
2. Tata Neu and Partner Brand Shoppers: The 5% cashback on purchases made at partner Tata brand retailers and on the Tata Neu app could result in significant savings if you shop there frequently.
3. High Monthly Income: Those with a comparatively high net monthly income (usually more than Rs 1 lakh for those in salaried employment) are the target audience for this card. It is suitable for people who can easily make the required income.
4. Strong Credit History and Score: To be eligible, one must have both a strong credit history and score. Acceptance for this premium credit card is more likely for those with a good credit history.
5. Economy and luxury Users: Those seeking a balance between economy perks (such waived fuel surcharges and payback on energy bills) and luxury perks (like lounge access and rewards) might want this card.
6. Reward Enthusiasts: The card’s reward points system, that allows you to accrue prizes for a variety of purchasing activities, may appeal to you if you enjoy accumulating and receiving rewards.
7. Conscientious Cardholders: In light of the possible drawbacks, it is ideal for people who can properly manage their credit, make on-time bill payments, and stay away from high-interest revolving credit.
Make sure the Tata Neu Infinity HDFC Bank Credit Card fits your needs and offers enough value to offset any fees or charges by carefully assessing your spending patterns, way of life, and financial status before applying. To ensure you make the best choice possible, it’s also critical to check the card’s most recent terms and conditions and evaluate it against other credit card possibilities.
Credit cards with features that combine rewards, cashback, and travel perks, like the Tata Neu Infinity HDFC Bank Credit Card, could be:
1. HDFC Bank Regalia Credit Card: This card comes with an array of travel and lifestyle perks, such as free Club Vistara Silver membership, reward points, and access to airport lounges.
2. SBI Elite Credit Card: This card offers incentives, a full insurance programme, and free access to both domestic and international lounges. It is appropriate for people who travel regularly and are searching for incentive programmes.
3. Axis Bank Magnus Credit Card: This high-end card provides rewards points, lounge access, and a range of dining and retail discounts, in addition to travel and leisure perks.
4. ICICI Bank Sapphiro Credit Card: This card comes with a number of perks, such as free use of airport lounges, restaurant discounts, and spending rewards.
5. American Express Platinum Travel Credit Card: This credit card is great for travellers as it provides special bonuses, points for reward, and a range of travel and hotel promotions.
6. Standard Chartered Ultimate Credit Card: This card stresses travel and offers lounge access, perks, and airline discounts.
7. Citi PremierMiles Credit Card: This travel-oriented credit card offers reward points that may be applied on hotel and airfare reservations. It also offers advantages for lounge access.
Generally, you have the following options when it comes to activating your Tata Neu Infinity HDFC Bank Credit Card:
1. Using Online Banking:
A new credit card can be activated via the procedures.
2. Using Mobile Finance:
3. By Telephone:
4. Using an ATM:
There are ATMs operated by HDFC Bank
5. Activation of SMS:
You may use the following methods to get in touch with the Tata Neu Infinity HDFC Bank Credit Card customer service:
1. Helpline for Customer Service:
2. Email Assistance:
3. Pay a Branch Visit:
4. Chat online:
5. Mail via Post:
Visit the official HDFC Bank website or consult the contact information on your credit card statement or other documentation for the most current and correct information regarding how to get in touch with the Tata Neu Infinity HDFC Bank Credit Card customer care.
You can apply for both variants of Tata Neu HDFC Bank Credit Cards either online or offline. To apply online, visit the official HDFC Bank website. If you prefer the offline route, you can go to the nearest HDFC Bank branch and complete a physical application form.
The foreign currency markup fee for Tata Neu Infinity HDFC Bank Credit Card is 2% on all foreign currency transactions.
Yes, if you surpass the limit of 4 complimentary lounge visits with the Tata Neu Infinity HDFC Bank Credit Card, you will incur a charge of US $27 plus GST per visit per guest.
No, only the Tata Neu Plus HDFC Bank Credit Card provides insurance benefits, including accidental air death cover up to Rs.1 crore, emergency overseas hospitalization coverage of up to Rs. 15 lakhs, and a lost card liability cover of up to Rs. 9 lakhs.
NeuCoins will not be earned for specific types of transactions, which include fuel spends, wallet loads, gift or prepaid card loads, voucher purchases, cash advances, payment of outstanding balances, payment of card fees and other charges, and Smart EMI or Dial an EMI transactions.
There are no fees associated with add-on cards for Tata Neu HDFC Bank Credit Cards.
To check your credit card statements online, log in to your HDFC Bank account on their official website. Navigate to the ‘Cards’ section and select the ‘Enquire’ option to view your statement. You can also use the HDFC mobile banking app to download your card statement.
