Is HDFC Credit Card Good Or Bad ?
HDFC Credit Card Good Or Bad
Users of HDFC Bank Credit Card think it offers great benefits.They are impressed with the credit limit this card offers. While many of them are happy with the bank’s Cash back offers, there are some who love the lifetime free Cards. They also think that the fuel surcharge waiver offered by the Card is great.
Almost everyone today has a bit rectangular plastic in their wallets or purses.That’s the credit card or debit card.A few years ago, hardly anyone had a credit card.Today, nobody thinks twice about paying for their purchase with a card.It’s not uncommon for people to have several cards.It’s not hard to figure out why.The credit cards benefits are too greet to ignore.Plus with more banks offering them: the process has become more straightforward, and there are vast variety of options to suit every life style and spending tendency.
The Benefit Of Having A Credit Card :
Well they are numerous.Weather it’s booking a car ride or a movie ticket, purchasing expensive gadgets or a cool fashion accessory, shopping online or a neighbourhood store, recharging your mobile or settling the utility bills, a credit card is one of the most convenient method of making payments.
Key HDFC Credit Card Benefits!
Why carry lots of cash around when you pay with a simple swipe of your card.A credit card is one of the simplest way to pay for anything, no more counting out change or writing cheques.Just present the plastic,you can even link your card to your digital wallet, which allows you to scan and pay without even having to carry your card in your wallet
While Credit Cards are great for one time payments, you can also set it up to automatically make recurring payments, such as your phone, electricity or gas bills. No more will there be a chance of forgetting to pay bills on time and facing penalties or disconnection.
Recharge And Tickets:
One of the biggest credit card benefits over cash is the ability to pay for a wider range of online services.For example , you can’t buy flight tickets or recharge your mobile phone with cash on delivery.You can easily pay for them through a credit card.
Interest Free credit !
A credit card comes with a grace period. Between purchase and payments; could be up to
50 days.During this time bank does not charge any interest. This is a perfect example of buy now pay later.
Every time you pay using HDFC bank credit card, you earn reward.You can redeem these rewards for exciting gifts and vouchers such as free shopping trips or even free flight ticket.
Cash Back Discounts !
From fuel surcharge waivers to great online shopping deals.Your HDFC bank credit card opens the doors to a host of cash back offers and rewards point especially with selected online and offline merchants.
Travel In Style !
The HDFC credit card makes your travel a more pleasant experience with free access to airport lounges, priority check in and boarding, extra luggage allowance, etc.
Expense Tracker !
Credit card statements are a great way to track your expense every month since it provides you with an itemised account of your expenditure.
One of the benefits of credit card is that it’s much safer than carry large amounts of cash around. You don’t have to worry about dropping the money somewhere or having your pocket picked.If you loose the card , you can get a replacement after you notify your bank.
Credit Score !
Most people are not aware of this, but a credit card benefits your credit score.Organisations give credit score to individuals depending on how prompt they have been in their payments.Using a credit card and repaying on time provides a boost to your credit score.A good credit score means you will be able to obtain loans and credit cards quickly in the future.It’s one of the credit cards benefit cash or cheques cannot offer.
HDFC Credit Card Can Use Internationally:
You can do so easily by enabling international usage service on your credit card. If you hold an HDFC Bank Credit Card, you can activate the card for international use in a variety of different ways.
You can activate international usage by logging into their net banking website or by calling customer care. The joining and annual fees for HDFC Bank international Debit Cards vary depending on your account, Debit Card type, etc.
HDFC believe that you deserve to have a hassle-free banking experience.Therefore, to ensure that you are aware of your Credit Card application status, HDFC introduced a simple process to track the progress of your application.
How can I check my HDFC credit card status ?
To check the status, click on the link and provide your mobile number along with any one of these three details – Application Reference Number OR Application Form Number OR date of birth. You could also visit your nearest branch or call on customer care to check the status of your credit card application.
How can I check my credit card status online ?
Steps to check credit card status online
- Visit the bank’s official website where the credit card application was originally made.
- Look for ‘track application status’ or ‘check application status on the website.
- Provide the details required for tracking application status before submitting a request.
How do I know if my HDFC credit card application is approved?!
- Check your HDFC Credit Card Status through Mobile Number
- Visit https://apply.hdfcbank.com/Vivid/trackapplication#. Enter Your Mobile Number and click on ‘Proceed’. Enter OTP and press Submit.
How long does it take for my HDFC credit card to be processed and issued?
Upon successful application completion, it takes about 21 business days for the credit card to be issued, printed and dispatched to you. However, in most cases, you will receive the card before 21 days.
How can I track my HDFC credit card delivery?
To track your credit card offline, you can call the 24*7 customer care number and present your issue. You can also track your credit card if you have your e-reference number by walking into the nearest HDFC Bank branch.
How can i get my HDFC credit card statement?
Via The Mobile App
- Download the app and log in to your account.
- Select ‘Credit Card’.
- Choose ‘Download Billed Statement’.
- Select the period to download the statement.
How to check the status of my credit card?
- You can check if your HDFC cheque has been cleared or not through SMS.
- You will need to register for HDFC Banking by sending an SMS. …
- You will need to send “CST<6 digit cheque number>” for Cheque Status Enquiry to 99223300004. The bank will share the cheque status via SMS right away.
What is the credit score for HDFC card?
The bank executive will run a background search on your CIBIL score and convey the parameters for approval. It is therefore ideal to maintain a minimum CIBIL score of 750 in order to get better offers on Credit Cards and a quicker approval.
Do you need to open an account for HDFC credit card?
No, not necessary. You can apply for an HDFC Bank credit card even if you are not an existing customer.
Can you have 2 credit cards from HDFC Bank?
Yes, because holding an additional credit card has several benefits. If one of your credit cards is stolen or damaged and you need to make some purchases urgently, your second card will function as back-up. Hence you can keep your second credit card in a separate wallet or at home.
High Debt-to-Income Ratio:
If you have applied for multiple loans, or have multiple credit cards issued against your name, or are paying a very large portion of your monthly income as EMI for a loan, your debt-to-income ratio is likely to be high, resulting in HDFC credit card rejection.
What is the minimum amount for HDFC Bank credit card?
For example, if the outstanding balance on your Credit Card is ₹20,000, and the minimum due percentage is 5% of this total outstanding amount, then the minimum amount due would be ₹20,000 x 0.05 which translates to ₹1,000.
Is HDFC credit card easy to get ?
You will need to have a regular income and provide proof of the same. Income requirement varies depending on the Credit Card being applied for. You can either be a salaried employee, or self-employed and managing your own business. Credit history – A good credit history is proof that you can manage your credit well.
How can I increase my credit card limit?
- Tips to raise the Credit Card limit.
- Boost Your Credit Score. …
- Repay dues on time. …
- Be careful about the Credit Utilisation Ratio. …
- Show proof of increase in income. …
- Reduce the financial obligations you have.