HDFC Bank Diners Club Black Credit Card Review

The HDFC Bank Diners Club Black credit card offers a range of welcome benefits and rewards including complimentary annual memberships to subscription platforms, vouchers for select brands, and 5 Reward Points for every Rs. 150 spent. Cardholders can...

HDFC Bank Diners Club Black Credit Card Review


General Information

Our Rating: 10/10

Joining Fee: Rs. 10,000 + GST

Annual Fee: Rs. 10,000 + GST

Best For: Travel Dining Shopping

Rewards and Benefits

Type of Rewards: Reward Points

Welcome Offers: Get complimentary annual membership of Forbes, Club Marriott, Times Prime, MMT Black, Amazon Prime, and Swiggy One (3 Months) on spending Rs. 1,50,000 or more in the first 90 days of card issuance

Entertainment and Dining: 2X Reward Points on weekend dining

Shopping Perks: 5 Reward Points on every spend of Rs. 150. 10x Reward Points on SmartBuy and 2x Reward Points on weekend dining

Travel Benefits: Complimentary lounge access at 1,000+ airports in India and abroad, Reward Points redeemable for flight and hotel bookings on SmartBuy (1RP = Re. 1).

Domestic Lounge Access: Unlimited complimentary access to the domestic lounges

International Lounge Access: Unlimited complimentary access to the international lounges

Golf Benefits: 6 complimentary golf games per quarter at some of the most premium golf destinations around the world.

Insurance Coverage: Travel-related insurance benefits including an air accident cover worth Rs. 2 crores, emergency overseas hospitalization cover worth Rs. 50 Lakhs, and a credit liability cover worth up to Rs. 9 lakh.

Fees and Charges

Waiver on Spend: Waiver of renewal fee on spending Rs. 5,00,000 in the previous year.

Redemption Fee: Nil

Foreign Transaction Fee: 1.99

Interest Rate: 1.99% per month (or 23.88% annually)

Fuel Surcharge Waiver: 1% fuel surcharge waived (max waiver capped at Rs. 1,000/month and min transaction of Rs. 400 required).

Cash Advance Fee: Higher of 2.5% of the amount withdrawn or Rs. 500.

Summary

As a Welcome Benefit, HDFC Bank Diners Club Black credit card offers a complimentary annual membership of subscription platforms such as Amazon Prime, Zomato Gold, Times Prime, and more. These memberships can be renewed by spending Rs. 8,00,000 in the anniversary year. Additionally, cardholders can enjoy complimentary Ola Select, TataCliQ, BookMyShow, and cure.fit Live vouchers when they spend over Rs. 80,000 each month. The card offers 5 Reward Points for every Rs. 150 spent, which translates to a Reward Rate of 3.3%. There are also 10X Reward Points available on select brands and 2X Reward Points on weekend dining expenses. Furthermore, cardholders can enjoy 6 complimentary golf games per quarter at premium golf destinations worldwide. Other benefits include a low foreign currency markup fee of 1.99%, unlimited lounge access at over 1,000 airport lounges in India and abroad, and travel insurance benefits, including an air accident cover worth Rs. 2 crore.

Our Review

I recently applied for and obtained the HDFC Bank Diners Club Black Credit Card, and I must say, it has exceeded my expectations in terms of benefits and rewards.

With a joining fee of Rs. 10,000 + GST and a renewal fee of Rs. 10,000 + GST, this card is ideal for someone who enjoys traveling, dining, and shopping.

One of the best features of this card is its reward program.

With every spend of Rs. 150, you earn 5 reward points, which can be redeemed for various purposes.

Additionally, on weekend dining and movie expenses, you can earn 2x reward points, allowing you to accumulate points at a faster rate.

Moreover, for purchases made on SmartBuy, you can earn 10x reward points, making it even more rewarding to shop online.

In terms of welcome benefits, HDFC Bank offers a fantastic package.

By spending Rs. 1,50,000 or more within the first 90 days of card issuance, you will receive complimentary annual memberships for Forbes, Club Marriott, Times Prime, MMT Black, Amazon Prime, and Swiggy One for 3 months.

This is a great way to kickstart your membership with privileges and benefits.

The travel benefits of the HDFC Bank Diners Club Black Credit Card are exceptional.

With complimentary lounge access at over 1,000 airports in India and abroad, you can relax and enjoy your time at the airport before your flight.

Additionally, the card provides unlimited access to both domestic and international lounges, making your travel experience even more comfortable.

For golf enthusiasts, this card offers 6 complimentary golf games per quarter at premium golf destinations worldwide.

This is a fantastic perk for those who enjoy spending time on the greens.

The insurance benefits provided by this card are extensive.

You are covered with an air accident insurance worth Rs. 2 crores, emergency overseas hospitalization cover worth Rs. 50 lakhs, and a credit liability cover worth up to Rs. 9 lakhs.

Knowing that you are protected in case of unexpected events provides peace of mind while traveling.

HDFC Bank also offers a spend-based waiver, where the renewal fee of Rs. 10,000 + GST can be waived if you spend Rs. 5,00,000 or more in the previous year.

This is a great advantage for regular card users.

Unlike some other credit cards, there is no rewards redemption fee associated with this card.

This means that you can redeem your reward points without any additional charges.

In terms of fees, this card has a foreign currency markup of 1.99%, which is relatively low compared to other similar cards.

The interest rate stands at 1.99% per month (or 23.88% annually), which is standard for credit cards.

Additionally, the fuel surcharge of 1% is waived, up to a maximum of Rs. 1,000 per month, with a minimum transaction of Rs. 400.

Lastly, for cash advances, the card charges the higher of 2.5% of the amount withdrawn or Rs. 500.

It's advisable to use this feature sparingly due to the associated charges.

Overall, the HDFC Bank Diners Club Black Credit Card is a fantastic choice for individuals who enjoy traveling, dining, and shopping.

With its extensive rewards program, welcome benefits, travel perks, insurance coverage, and exemptions on fees, this card provides great value for its users.

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