HDFC Bank Bharat Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

You can receive a 5% monthly cashback on purchases in Category A, which includes fuel expenses, ticket bookings through IRCTC, groceries, bill payments, and mobile recharges. Furthermore, you can also earn a 5% monthly cashback on payments made through PayZapp, EasyEMI, or SmartBUY, which fall under Category B. The cashback amount will be retained as reward points. Additionally, you can enjoy a 50-day interest-free period.

The HDFC Bank Bharat Credit Card is an excellent choice for avid shoppers looking to maximize their savings.

With a joining fee of just Rs. 500 + GST and an equal renewal fee, this card offers great value for money.

When it comes to rewards, the Bharat Credit Card offers Reward Points as its reward type.

While there are no welcome benefits or movie dining perks, the card compensates with a fantastic shopping cashback offer.

Cardholders can avail a 5% cashback every month on their bill payments, mobile recharge, as well as fuel and railway ticket bookings made through IRCTC.

Additionally, customers can enjoy a 5% cashback every month when paying through popular platforms like PayZapp, EasyEMI, and SmartBuy.

This makes the Bharat Credit Card a versatile option that caters to various spending needs.

While it may not offer travel-related benefits like lounge access or golf privileges, the card does provide a noteworthy accidental death cover of up to Rs. 50 Lakhs.

This insurance coverage is definitely a valuable inclusion for cardholders.

For those concerned about the renewal fee, there is a spend-based waiver.

By spending Rs. 20,000 in the previous year, customers can waive off the renewal fee entirely.

However, there is a rewards redemption fee of Rs. 99.

It is important to note that the HDFC Bank Bharat Credit Card charges a foreign currency markup of 3.5%, which could be a drawback for international travelers.

Additionally, the card carries a high interest rate of 3.6% per month (43.2% per annum).

On the bright side, the card offers a fuel surcharge waiver of 1% on a minimum transaction of Rs. 400.

The waiver is capped at Rs. 250 per billing cycle.

As for cash advances, customers can withdraw cash with a fee of 2.5% or Rs. 500, whichever is higher.

In summary, the HDFC Bank Bharat Credit Card is a solid option for shoppers who value cashback rewards and insurance benefits.

With its reasonable joining and renewal fees, as well as attractive cashback offers, this card provides good value for money.

While it may not cater to frequent travelers due to its foreign currency markup and lack of travel perks, it remains a reliable choice for those seeking shopping-related benefits.