HDFC Bank Diners Club Rewardz Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

Earn 3 Reward Points for every Rs. 150 spent. Earn 10 times the Reward Points when shopping with partner brands. Receive up to 5% cashback on purchases made through SmartBuy. Receive 1000 bonus Reward Points as a welcome gift with the HDFC Diners Club Rewardz Credit Card. Redeem your accumulated Reward Points for flight/hotel bookings, Air Miles, or various other products. Receive a Renewal Bonus of 1000 Reward Points annually. Have your renewal fee waived based on your spending. Enjoy a 1% fuel surcharge waiver. Access 24/7 concierge services.

Credit Card Review: HDFC Bank Diners Club Rewardz Credit Card The HDFC Bank Diners Club Rewardz Credit Card is a solid option for avid travelers, offering various benefits and rewards catered towards this specific lifestyle.

With a joining fee of Rs. 1,000 + GST, and a renewal fee of Rs. 1,000 + GST, this card is relatively affordable, considering the potential benefits it provides.

One of the key features of this card is the reward type - Reward Points.

With every Rs. 150 spent on shopping, you can earn 3 Reward Points (RPs).

Additionally, when using partner brands, you can earn a whopping 10x RPs.

Accumulated Reward Points can be redeemed for hotel and flight bookings on Smartbuy, making it convenient for your travel needs.

To sweeten the deal even further, the card offers a welcome benefit of 1,000 Reward Points upon joining.

However, it's worth noting that there is a redemption fee of Rs. 99 (plus applicable taxes) on every rewards redemption request, which may come as a minor inconvenience.

For those who frequently utilize their credit cards for fuel expenses, this card offers a 1% fuel surcharge waiver for transactions falling between Rs. 400 and Rs. 5,000.

This can provide significant savings over time.

However, it lacks specific benefits such as movie dining, domestic and international lounge access, and golf privileges.

Renewal fee can be waived off by spending Rs. 1 lakh or more in the previous year, providing an incentive for active cardholders.

On the downside, the foreign currency markup stands at 3% (plus applicable taxes), which might not be ideal for international travelers.

Regarding financial aspects, the interest rate on this card is 3.6% per month (43.2% annually), which is relatively high.

Cash advances attract a charge of 2.5% of the amount transacted or a minimum of Rs. 500.

In conclusion, the HDFC Bank Diners Club Rewardz Credit Card is a suitable choice for frequent travelers who are seeking rewards and benefits primarily focused on travel-related expenses.

With its attractive rewards structure, redemption options, and fuel surcharge waiver, this card can be a valuable companion.

However, it's important to consider the associated fees and interest rates before making a decision.