Ready to elevate your credit card game? The Tata Neu Infinity HDFC Bank Credit Card might just be your ticket to a world of exclusive rewards and benefits.
This premium card from Tata Neu and HDFC Bank provides lifestyle benefits and financial perks. It offers extra reward points on Tata Neu purchases and free airport lounge access, making your spending more rewarding.
The Tata Neu Infinity HDFC Bank Credit Card is great for shoppers, travelers, or anyone wanting to boost credit card rewards. Here’s why it stands out and how it can benefit your finances.
Fees and Charges of Tata Neu HDFC Credit Card
The Tata Neu Infinity HDFC Bank Credit Card comes with various fees and charges that cardholders should be aware of:
Annual Fee
The card carries an annual fee of ₹1499 + GST plus applicable taxes. But this fee is waived for the first year. For subsequent years cardholders can get the fee waived by spending ₹3 lakh or more annually.
Interest Rates
The interest rate on the Tata Neu Infinity HDFC Bank Credit Card is 3.5% per month (42% per annum). This rate applies to both purchases and cash advances if the outstanding balance is not paid in full.
Cash Advance Fee
For cash withdrawals a fee of 2.5% of the withdrawn amount (minimum ₹500) is charged. This is plus to the applicable interest charges. Cash advance limit is 40%.
Late Payment Fee
| Outstanding Amount | Late Payment Fee |
|---|---|
| Less than ₹500 | NIL |
| ₹100 – ₹500 | ₹100 |
| ₹501 – ₹5,000 | ₹500 |
| ₹5,001 – ₹10,000 | ₹600 |
| ₹10,001 – ₹25,000 | ₹800 |
| ₹25001 to ₹50000 | ₹1,100 |
| Above 50,000 | ₹1,300 |
Foreign Transaction Fee
A fee of 2% is levied on all transactions made in foreign currencies. This includes both in-person transactions abroad and online purchases from international merchants.
Balance Transfer Fee
For balance transfers from other credit cards a fee of 1% of the amount of Rs.250 (whichever is higher)
Overlimit Fee
If the credit limit is exceeded a fee of 2.5% of the overlimit amount (minimum ₹550) is applied.
Card Replacement Fee
In case of loss or damage a fee of ₹100 is charged for replacing the Tata Neu Infinity HDFC Bank Credit Card.
Reward Redemption Fee
While earning rewards is free redeeming them incurs a fee of ₹99 plus taxes per redemption request.
These fees and charges are standard for premium credit cards in India. But the Tata Neu Infinity HDFC Bank Credit Card offers significant value through its rewards program and benefits which can offset these costs for frequent users.
Tata Neu Infinity HDFC Bank Credit Card Rewards
The Tata Neu Infinity HDFC Bank Credit Card has a strong rewards program that benefits cardholders. It is a premium card with a special earning system and redemption options focused on the Tata ecosystem.
Reward Points Earning Structure
Cardholders earn NeuCoins, the reward currency of the Tata Neu platform, at accelerated rates:
| Spending Category | NeuCoins Earned |
|---|---|
| Tata Neu App Purchases | 5% |
| Tata Neu and partner brands on app | 5% |
| Air India mobile and app bookings | 5% |
| Tata CLiQ, Tata CLiQ Luxury | 5% |
| Other Retail Spends | 1.5% |
| Wallet, Gift Vouchers, Fuel, Rent, and Government Transactions | 0% |
This tiered structure incentivizes cardholders to maximize their spending within the Tata ecosystem while still offering competitive rewards on other purchases.
NeuCoins Value and Redemption
Each NeuCoin is valued at ₹1, providing a straightforward conversion for rewards. Cardholders can redeem NeuCoins across various Tata brands and services, including:
- Flight bookings with Air India
- Hotel stays at Taj properties
- Electronics and appliances from Croma
- Fashion and lifestyle products from Westside and Tata CLiQ
This flexibility allows cardholders to extract maximum value from their rewards based on their preferences and needs.
Welcome Benefits
New cardholders receive a generous welcome package:
- Welcome bonus of 1499 Neu Coins, applicable on 1st transaction done within 30 days of card issuance.
Travel Rewards
For frequent travelers, the card offers:
- Complimentary domestic airport lounge access (8 visits per quarter)
- 5% rewards on Air India bookings
- Travel insurance coverage
These benefits enhance the travel experience and provide additional value for cardholders who frequently fly or stay at hotels.
The Tata Neu Infinity HDFC Bank Credit Card’s rewards program combines high earning rates, versatile redemption options, and valuable travel perks. This comprehensive approach to rewards positions the card as a compelling choice for consumers deeply engaged with the Tata ecosystem and those seeking a premium credit card experience.
Fair Usage Policy: Caps on Tata Brand Merchants Rewards
The Tata Neu Infinity HDFC Bank Credit Card offers generous rewards for purchases made within the Tata ecosystem. But, cardholders should be aware of the fair usage policy that places caps on rewards earned from Tata brand merchants.
Monthly Reward Limits
For purchases made at Tata brand merchants, the following monthly limits apply:
| Merchant Category | Monthly Reward Limit (NeuCoins) |
|---|---|
| Tata Neu App | 5,000 |
| Westside | 2,500 |
| Croma | 2,500 |
| Air India | 5,000 |
Once a cardholder reaches these limits, additional purchases in the respective categories will earn rewards at the standard rate of 1.5% in NeuCoins.
Impact on High-Value Purchases
This fair usage policy particularly affects high-value purchases. For example, a customer buying a ₹1,00,000 television from Croma would earn:
- 2,500 NeuCoins (capped reward at 5%)
- 1,462 NeuCoins (1.5% on the remaining ₹97,500)
Total: 3,962 NeuCoins, equivalent to ₹3,962 in value
Without the cap, the same purchase would have earned 5,000 NeuCoins (₹5,000 value).
Strategies for Maximizing Rewards
To make the most of the Tata Neu Infinity HDFC Bank Credit Card’s rewards program:
- Spread large purchases across months to avoid hitting caps
- Use the card for non-Tata brand purchases to earn 1.5% consistently
- Time significant Tata brand purchases early in the month
By understanding these limitations, cardholders can strategically plan their spending to optimize their rewards earnings while still benefiting from the card’s enhanced rates within the Tata ecosystem.
HDFC Bank SmartBuy Offers for Tata Neu Infinity Credit Card
The Tata Neu Infinity HDFC Bank Credit Card unlocks exclusive access to HDFC Bank’s SmartBuy platform enhancing the card’s value proposition. SmartBuy offers cardholders a range of deals and discounts across various categories including travel electronics and lifestyle products.
Key SmartBuy benefits for Tata Neu Infinity Credit Card holders include:
- Travel Deals: Cardholders enjoy up to 15% off on domestic and international flight bookings through SmartBuy. This benefit complements the card’s existing travel perks such as airport lounge access and Air India rewards.
- Hotel Discounts: SmartBuy offers up to 20% off on hotel bookings worldwide. This adds value for frequent travelers who already benefit from the card’s travel insurance coverage.
- Electronics and Gadgets: Cardholders receive up to 10% cashback on electronics purchases through SmartBuy. This is plus to the accelerated rewards earned at Croma using the Tata Neu Infinity Credit Card.
- Lifestyle Products: SmartBuy provides discounts of up to 12% on fashion home decor and beauty products. This benefit extends the card’s value beyond the Tata ecosystem.
- Dining Offers: Cardholders can avail up to 15% off at select restaurants through SmartBuy complementing the card’s rewards on dining expenses.
| Category | SmartBuy Discount |
|---|---|
| Travel | Up to 15% off |
| Hotels | Up to 20% off |
| Electronics | Up to 10% cashback |
| Lifestyle | Up to 12% off |
| Dining | Up to 15% off |
These SmartBuy offers significantly enhance the overall value of the Tata Neu Infinity HDFC Bank Credit Card. By combining these discounts with the card’s existing rewards structure cardholders can maximize their savings and benefits across a wide range of purchases.
For example a cardholder booking a domestic flight through SmartBuy can save 15% on the ticket price while also earning 5% in NeuCoins if booked through Air India. This dual benefit structure makes the Tata Neu Infinity Credit Card particularly attractive for those who frequently travel.
It’s important to note that SmartBuy offers are subject to change and may have specific terms and conditions. Cardholders should regularly check the SmartBuy platform for the latest deals and promotions to make the most of their Tata Neu Infinity HDFC Bank Credit Card.
Rewards Redemption
The Tata Neu Infinity HDFC Bank Credit Card offers a straightforward and flexible rewards redemption process, making it easy for cardholders to maximize the value of their earned NeuCoins. Here’s how the redemption system works:
NeuCoin Value and Redemption Options
NeuCoins from the Tata Neu Infinity HDFC Bank Credit Card are worth ₹1 each. This clear conversion rate makes it easy for cardholders to understand and calculate their rewards. Cardholders can redeem their NeuCoins across various Tata brands and services, including:
- Tata Neu App
- Westside
- Croma
- Air India
- BigBasket
- Tata CLiQ
- Tata 1mg
Redemption Process
To redeem NeuCoins, cardholders follow these steps:
- Log in to the Tata Neu App or website
- Navigate to the rewards section
- Select the desired Tata brand or service
- Choose the amount of NeuCoins to redeem
- Apply the NeuCoins at checkout
The redemption process is instant, allowing for immediate use of rewards during purchases.
Minimum Redemption Threshold
The Tata Neu Infinity HDFC Bank Credit Card needs at least 50 NeuCoins, which is equal to ₹50, for redemption. This low limit allows users to use their rewards easily, even if they have small amounts.
Expiration Policy
NeuCoins from the Tata Neu Infinity HDFC Bank Credit Card do not expire if the card account is active. This allows cardholders to collect rewards for bigger purchases without worrying about expiry.
Partial Redemptions
The card lets users redeem part of their NeuCoins, so they can use some rewards and pay the rest with their card or other methods. This is helpful for expensive purchases where users want to reduce the cost with rewards.
Transfer Options
NeuCoins can only be used within the Tata ecosystem and cannot be transferred between accounts or converted to cash.
The Tata Neu Infinity HDFC Bank Credit Card offers an easy redemption process and many options within the Tata ecosystem, making it rewarding for cardholders who often use Tata brands and services.
Complimentary Airport Lounge Access
The Tata Neu Infinity HDFC Bank Credit Card enhances travel with free airport lounge access. This benefit is great for frequent flyers and business travelers who appreciate comfort and convenience.
Cardholders can access over 1000 airport lounges globally, both domestic and international. The card offers eight free lounge visits each year, resetting on the card’s anniversary. This allows cardholders to relax before their flights throughout the year.
In India cardholders can access lounges at major airports including:
- Delhi (DEL)
- Mumbai (BOM)
- Bangalore (BLR)
- Chennai (MAA)
- Kolkata (CCU)
- Hyderabad (HYD)
Internationally the card grants access to lounges in popular destinations such as:
- Singapore Changi Airport (SIN)
- Dubai International Airport (DXB)
- London Heathrow Airport (LHR)
- New York John F. Kennedy International Airport (JFK)
To use this benefit cardholders simply need to present their Tata Neu Infinity HDFC Bank Credit Card along with a valid boarding pass at the lounge reception. The lounge staff will swipe the card to register the visit and grant access.
Lounges typically offer amenities such as:
- Comfortable seating
- Complimentary refreshments and snacks
- Free Wi-Fi
- Charging stations for electronic devices
- Shower facilities (at select locations)
- Business centers with computers and printers
It’s important to note that accompanying guests are not covered under the complimentary access and may be subject to additional charges set by the lounge.
For travelers who exceed the eight complimentary visits the card still provides a discounted rate for subsequent lounge access ensuring continued value throughout the year.
The airport lounge access benefit improves the travel experience for Tata Neu Infinity HDFC Bank Credit Card users by offering a quiet and comfortable place to work, relax, or freshen up before flights. This feature distinguishes the card in the premium credit card market and provides great value for frequent travelers.
Key Benefits
The Tata Neu Infinity HDFC Bank Credit Card offers a range of compelling benefits that make it stand out in the premium credit card market. Here are the key advantages cardholders enjoy:
1. Accelerated Rewards Earning
- 5% NeuCoins on Tata Neu App, Westside, Croma, and Air India purchases
- 1.5% NeuCoins on all other retail spends
- Each NeuCoin is valued at ₹1, providing substantial returns on everyday spending
2. Welcome Bonuses
- 1,499 NeuCoins upon on one transaction done within 30 Days of card issuance.
3. Airport Lounge Access
- Eight complimentary visits per year to over 1,000 lounges worldwide. (2 in a quarter, Rs. 2 will be charged at airport lounge)
- Includes major Indian airports and international locations
4. Travel Benefits
- Comprehensive travel insurance coverage
- Enhanced rewards on Air India bookings
5. HDFC SmartBuy Access
- Exclusive deals and discounts on travel, electronics, and lifestyle products
- Up to 15% off on flight bookings and 20% off on hotel bookings
6. Flexible Rewards Redemption
- NeuCoins redeemable across various Tata brands and services
- Minimum redemption of 50 NeuCoins (₹50)
- No expiration on NeuCoins for active accounts
7. Annual Fee Waiver
- ₹1,499 annual fee waived for the first year
- Subsequent years waived for spending ₹3 lakh or more in the year
8. Tata Ecosystem Integration
- Seamless integration with Tata Neu App for easy tracking and redemption
- Enhanced benefits across Tata brands and services
These benefits position the Tata Neu Infinity HDFC Bank Credit Card as a valuable tool for frequent shoppers within the Tata ecosystem and travelers alike. The card’s robust rewards program, coupled with premium travel perks and exclusive access to deals, offers significant value to cardholders who maximize its features.
Frequently Asked Questions
What is the annual fee for the Tata Neu Infinity HDFC Bank Credit Card?
The annual fee for the Tata Neu Infinity HDFC Bank Credit Card is ₹1,499. But, this fee is waived for the first year. Also, cardholders who spend ₹3 lakh or more in the previous year also get the fee waived.
How many NeuCoins can I earn with this card?
Cardholders earn NeuCoins at different rates:
Tata Neu App, Westside, Croma, Air India– 5%
Other retail spends– 1.5%
New cardholders receive 5,000 bonus NeuCoins upon activation and an additional 5,000 NeuCoins for spending ₹2 lakh within 90 days.
Are there any caps on earning NeuCoins?
Yes, there is a fair usage policy that caps rewards earned from Tata brand merchants:
Tata Neu App- ₹25,000
Westside- ₹25,000
Croma- ₹25,000
Air India- ₹1,00,000
How can I redeem my NeuCoins?
NeuCoins can be redeemed across various Tata brands and services. The minimum redemption threshold is 50 NeuCoins, which equals ₹50. NeuCoins do not expire as long as the card account remains active.
Does Tata Neu Infinity Credit Card offer airport lounge access?
Yes, cardholders get complimentary access to over 1,000 airport lounges worldwide. The benefit includes 8 visits per year.
Is there a joining fee for the Tata Neu Infinity HDFC Bank Credit Card?
No, there is no joining fee for this card. The only fee is the annual fee of ₹1,499, which is waived for the first year and for high spenders of 3L anually.
Can I use Tata Neu Infinity Credit Card for international transactions?
Yes, the Tata Neu Infinity HDFC Bank Credit Card can be used for international transactions. But, foreign transactions fee incur a markup fee of 2% + GST.
Final Thoughts
The Tata Neu Infinity HDFC Bank Credit Card is a top choice for those who use Tata services often. It has great rewards, travel perks, and special benefits, making it a strong option in the premium credit card market.
Although the annual fee is there, smart spending can balance this out with valuable rewards. For regular Tata shoppers and travelers, this card provides excellent value and enhances their credit card experience with its easy use and generous rewards.
Manish Sharma
https://financex.inI'm tech-savvy, loves to write about saving, investing and proper financial planning. Also, I am a blogger, share everything with 100% transparency and the best of my knowledge.