HDFC Credit Card Fees & Charges

Depending on the credit card, different HDFC credit cards may have different annual or renewal fees. Entry-level cards have a lower fee, whereas premium category cards have a larger fee. This charge is applied to the credit card account as a joining fee at the time of card issuance and as an annual or renewal fee at the end of the card anniversary year. The annual fee is charged once and appears on the account statement at that time. The majority of cards also have annual fee waiver requirements that must be met when spending the required minimum.

When you use your credit card to make an ATM cash withdrawal, there are fees associated with your HDFC credit card. A cash withdrawal charge is a one-time expense as opposed to a financing charge. A percentage of the amount withdrawn is charged as a cash withdrawal or cash advance fee. A Withdrawal Charges 2.5% of the amount withdrawn or Rs. 500, whichever is higher.

If you fail to make the entire balance payment by the due date, the interest rate on your HDFC credit card will be charged. This cost, which is also known as a finance charge, is charged for cash withdrawals, partially paid bills, rolling over unpaid balances into the subsequent billing cycle, and late payments. The interest rates on HDFC credit cards can differ from one credit card to another, however they typically range from 23.88% to 43.2% annually.

When using a credit card to make an international payment, there is a forex markup or foreign transaction cost. The charge is applicable to retail transactions made outside of India, foreign exchange transactions made online, foreign ATM cash withdrawals, and domestic point-of-sale transactions linked to foreign accounts, such as those made at duty-free stores. The bank charges this cost in order to convert different denominations. A foreign exchange markup fee of 3.5% of the transaction value usually comes with HDFC credit cards.

If you don't make even the the minimum payment by the due date, you will be charged late fees on your HDFC credit card. This fee is a one-time payment that is deducted from the outstanding debt.

If you pay off your HDFC Bank credit card loan before the term is up, you'll be charged a pre-closure charge on the remaining principle sum.

If you spend more than the credit limit that has been applied to your HDFC credit card, you will be charged an overlimit fee. With HDFC cards, the overlimit cost is 2.5% of the overlimit amount, with a minimum of Rs. 550. Please take note that HDFC Bank Infinia (metal addition) is exempt from this cost. Furthermore, the Paytm HDFC Bank Digital Credit Card does not offer an over limit feature, so the fees are not relevant.

When you move your outstanding balance from another credit card to your new or existing HDFC credit card, HDFC balance transfer fees are imposed. 1% of the balance transfer amount or Rs. 250, whichever is higher, is the processing fee for balance transfers to HDFC credit cards. The bank determines the balance transfer interest rate in accordance with internal policies.

You must pay this fee if, in an emergency, you use your HDFC Bank credit card to withdraw cash from an ATM.

You will be charged finance charges, also known as interest charges, if you do not pay off your entire credit card account from HDFC Bank. This kind of fee is applied on a monthly basis until the entire amount owed is paid. Interest costs are assessed starting on the date of withdrawal for cash advances, but they start to accrue on the first statement production date after the transaction for missed payments.

If your credit card payment bounces, you are responsible for this fee. This could be the result of closed accounts, frozen accounts, or insufficient money.

Please click the links below to find details and instructions related to HDFC Bank Credit Cards that can help you in easily managing your card: