HDFC Bank Credit Card: Know New Reward Points Rules From October 1

HDFC Bank has made changes to its loyalty programme for specific credit cards. The amended rules came into force from October 1, 2024. Regarding this update, the bank has emailed the impacted clients as well. For instance, HDFC Bank has limited the amount of reward points on the Smartbuy platform that may be redeemed for Apple products to one product per calendar quarter.

In addition, starting from October 1, the SmartBuy portal will cap the amount of Reward Points that may be redeemed for Tanishq gift cards to 50,000 per calendar quarter. It is also important to note that only Infinia and Infinia Metal Cards are affected by these changes.

“On the HDFC Bank SmartBuy portal, the redemption of Reward Points for Apple Products is capped at one product per calendar quarter, effective October 1, 2024,” as per the HDFC Bank official website. The definition of the quarters is as follows: April to June, July to September, October to December and January to March.

Furthermore, beginning on October 1, the maximum number of Reward Points that may be redeemed for Tanishq vouchers on the HDFC Bank SmartBuy platform will be 50,000 every calendar quarter. Quarters of the calendar include April through June, July through September, October through December and January through March. Only Infinia and Infinia Metal Cards are covered by this.

Meanwhile, below are the adjustments to your HDFC Bank Credit Card that were applied on and from October 1:

– There will be a cap of 2000 Reward Points each calendar month on Rewards accrued from Utility transactions.

– There will be a cap of 2000 Reward Points per calendar month on Rewards accrued from Telecom and Cable transactions.

– Note that the capping according to the product feature will still be in effect for the following credit cards: Bharat, Millennia, Best Price Save Smart, Paytm, Paytm Business, UPI, BIZ UPI, Swiggy, BIZ First and Paytm.

– Reward Points will not be awarded for payments made for education through third-party apps, such as CRED, Cheq, MobiKwik and others. Reward Points will be accrued, nevertheless, for payments for education made directly through college or school POS systems or websites.