HDFC Diners Club Rewardz Credit Card is a premium credit card by HDFC Bank that provides many benefits around travel and dining.
HDFC Diners Club Rewardz Credit card Benefits
Complimentary International & Domestic Airport Lounge Access: Unfortunately, this card dooes not give any complementary access to lounges.
Min 15% off at restaurants: As an HDFC Bank Diners Club Rewardz Credit Card holder, you are entitled to Exclusive Dining Privileges at the finest hotel chains in India – with minimum discount of 15% across 3000+ restaurants
Rewards Collection
1. 10X reward points: Get 10x Rewards points while you use your HDFC Diners Club Rewardz Credit for travel, shopping, entertainment or groceries, Offer valid till 30th September 2018. Maximum reward points earned per month is 2,000
- Enjoy 10X Reward Points on all purchases in Smartbuy while you Compare and Shop, Compare and Fly and with brands like Flipkart, Cleartrip & Yatra, etc
- Also, 10X points on selected partners – Treebo Hotels, Tata CLiQ, Zomato, BigBasket, Uber, BookMyshow, Swiggy, Redbus
2. Enjoy 10X Reward points on all International Spends : (Offer Validity: September 1st,2017 to September 30th, 2018)
Maximum reward points earned per month under this program as below: HDFC Bank Diners Premium Card – 2500 points
3. Earn 3 Reward Points for every Rs. 150/- spend
Exceptions: Reward points will not be accrued for EasyEMI and e-wallet loading transactions, SmartEMI, Insurance transactions more than Rs 2000
https://www.hdfcbankdinersclub.com/privilege
Rewards Redemption
You can redeem reward points at
- Travel bookings (Flights & Hotels) on www.hdfcbankdinersclub.com ( 1 reward point = Rs 0.30)
- Redeem Reward Points on exclusive reward redemption catalogue for HDFC Bank Diners Club Premium Credit Cards. ( Electronics, evouchers for shopping, restaurants etc) ( 1 reward point = approx Rs 0.35)
- Redeem Reward Points for Miles with leading International and Domestic airlines and hotels (1 Reward Point = 0.30 AirMile) – Partners – Jet Airways, and Singapore Airlines (Kris Flyer)
HDFC Diners Club Rewardz points value – Based on the reward points and redemption value (HDFCBank Diners site) – you will get a cashback of 0.67% on normal spending and 6% on SmartBuy spending and selected partners.
Insurance included in the credit card
- Unfortunately it does not offer any insurance benefits)
HDFC Diners Club Premium Credit Card Eligibility : The HDFC Diners Club Premium Card is available for following:
- Salaried: Net Monthly Income > Rs 30000 per month
- Self Employed: ITR > Rs 3.60 Lakhs per annum
Fees
First year fee is Rs 1000 and Annual renewal membership fee is Rs 1000
Welcome Benefit of 1000 Reward Points and renewal benefit of 1000 Reward Points (so effectively the card is costing Rs 700 to you)
Spend Rs. 1L in 12 Months and get Renewal Fee waived for next renewal year.
Summary
This card will be useful for the people are travelling frequently (or book flights / hotels for family) as the best value on reward points redemption is on flight and hotel booking. However, I believe the HDFC Diners Club Miles Credit card offer better benefits with less effective annual fees.
For some spending, you get 10X reward points (i.e 30 reward points for Rs 150 spend – making the 6% rewards cashback. Redemption value is equivalent to a cashback of 0.67% on normal spending and 6% on SmartBuy spending and selected partners.
I will write another post to compare the benefits of HDFC Diners Club Premium Credit card against HDFC Diners Club Miles Credit card, HDFC Diners Club Black Credit card, HDFC Regalia First credit card, HDFC Regalia Card, HDFC Infinia Card, and Amex Platinum card.
There are many credit cards offered by HDFC bank with different features including discount on movies, groceries, dining as well as air travel and hotels, free international and domestic lounge access. Some of the cards offers redemption rewards equivalent to 13%-33% cashback, that’s pretty amazing. See list of all credit cards offered by HDFC Bank and check which one you should go for.