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HDFC Bank Freedom Credit Card – Review, Details, Offers, Benefits

HDFC Bank Freedom Credit Card will get you some additional benefits and discounts.

Note: HDFC is currently are not accepting new applications for Freedom Credit Card. However existing Freedom Credit Card holders will continue to enjoy the benefits available on the card. You should look at other similar variant from HDFC – HDFC Moneyback credit card.

HDFC Freedom Credit card Benefits


Cashback Offers

    • Get a welcome and renewal benefit of 500 reward points on fee realization
    • Get gift voucher worth 1000 on annual spends of 90,000 and higher

Dining Benefit: Enjoy amazing dining benefits with Good Food Trail program (T&C)

You can get complimentary Dineout passport membership (different criteria for different credit cards – full detail in the link below)

        • Assured flat 25% off at 2000+ premium restaurants
        • 1+1 on buffet at 200+ restaurants
        • 1+1 on Food / Drinks on select restaurants
        • Zero convenience fee
        • Early access to events and festivals such as GIRF

Get upto 20% off on all your bill payments via Dineout Pay (10k + restaurants)

See full details of HDFC DineOut Passport offer and DineOut pay discount details.


Fuel fees Waiver:

    • 1% Fuel Surcharge waived off on fuel transactions ( Minimum transaction of INR 400, Maximum Cashback of INR 250 per statement cycle).

Rewards Collection


  • 1 Reward Point on Rs. 150 spent.
  • Earn 25X reward points on your birthday spends# (#Capped into 3000 reward points)
  • upto 5% cashback on HDFC SmartBuy Site (on Flights, Hotels, Rail, Amazon, Flipkart, Instant Vouchers etc)

Other Offers:

  • 500 Cash Points (applicable only on payment of membership fee)
  • Get gift voucher worth 1000 on annual spends of 90,000 and higher

Rewards Redemption


  • Redeem Reward Points as CashBack against outstanding amount on your Credit Card (1 point = 10p)
  • Redeem points against the rewards catalogue  (approx 1 points =  Rs 15p)
  • Flight and Hotels on Smartbuy (1 point = 10p),  where Credit Card members can redeem up to a maximum of 50% of the booking value through Reward Points
    • Approx. cashback of 0.10% on normal spending and  Approx. cashback of 2.5% on birthday spend,
    • Cashback of of 5% on SmartBuy spending
    • Additional 1.1% in form of e-voucher if you hit the annual spending

HDFC Freedom Card Eligibility :  


Eligibility for HDFC Bank Freedom Card is reasonable.

  • For Salaried :  Gross Monthly Income> ₹12,000
  • For Self Employed : Income: ITR > ₹2.0 Lakhs per annum

Fees


  • Joining / Annual renewal membership fee is Rs 500 
  • Spend ₹50,000 and above in the first year and get renewal membership fee waived off
Summary

This card is a good entry level card (as eligibility is only Rs 12000 monthly income) and offers 5% cashback on Smartbuy, 1.20% cashback on spend & 2.50 % cashback on birthday spending. 

HDFC Millenia Card has similar features but it also has free lounge access. So, you should also look at the HDFC Millenia features.  HDFC Moneyback card annual fees is waived off if you spend Rs 50000 annually, but the HDFC Millenia Card fees will be waived off if you spend Rs 1 lakh annually. So depending on your spend, you can choose HDFC Moneyback card or HDFC Millenia Card.

 

Also Read:   HDFC Ka-Ching 6E Rewards - IndiGo HDFC Bank Credit Card

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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.

HDFC Bank Freedom Credit Card will get you some exclusive features and benefits around entertainment

Features

  • Multiple reward points for spending on Movies, Dining, Groceries, Travel etc.
  • 1% Fuel Surcharge waived off on fuel transactions ( Minimum transaction of INR 400, Maximum Cashback of INR 250 per statement cycle).
  • Get gift voucher worth Rs.1000 on annual spends of Rs.90,000 and above
  • 15% off on 3000+ restaurants
  • Other exclusive offers on HDFC Credit Cards

In addition to HDFC Freedom card, you can also look at the benefits of HDFC MoneyBack Credit card and HDFC Bharat Credit card.

Reward Points Collection

  • 1 reward point for every Rs.150 spends (Upto maximum reward points of 1,500 per statement cycle )
  • Earn 5X reward points on Movies/Dining/Groceries/Railways & Taxis spends  (Upto maximum reward points of 1,500 per statement cycle)
  • Earn 10X reward points on PayZapp & SmartBUY spends (Upto maximum reward points of 1,500 per statement cycle)
  • Earn 25X reward points on your Birthday spends (( Upto maximum reward points of 3000)
  • 10X reward points on HDFC SmartBuy Site

Exceptions:  EasyEMI and e-wallet loading transactions will not accrue Reward points.Reward points accrued will be reversed if a retail transaction is converted into SmartEMI.  Reward points accrued for Insurance transactions will have a maximum cap of 2,000 per transaction.

Reward Points Redemption

  • Redeem Reward Points as CashBack against outstanding amount on your Credit Card (100 Reward Points = Rs. 10)
  • Reward Points against air miles of Jet Airways (Jet Privilege Miles) and Singapore Airlines (KrisFlyer Miles).
  • Redeem points against the rewards catalogue  (approx 100 points =  Rs 15 )

Points Value / Cashback equivalent based on redemption

1 point = Rs 0.10

  • Approx. cashback of 0.07% on normal spending and  
  • Approx. cashback of 0.70% on specialised spending,
  • Approx. cashback of of 1.70% on B’day spending

Additional 1.11% in form of gift voucher if you hit the annual spending

Fees:   First year fee and Annual Fees – Rs 500

  • Welcome Benefit of 500 reward points on fee realization only
  • First year fee waived off if you spend Rs 10000 in first 90 days
  • Spend Rs 60,000 in a year and get a waiver of next year’s annual membership fee

Eligibility:

  • Salaried:  Rs 12000 per month salary
  • Self Employed: Rs 2 lakh per annum

Summary

This card offers extra points for entertainment expenses and Rs 1000 gift voucher when spending hits Rs 90K in a year. 

In fact, I would rather go for HDFC Bank Regalia First Credit Card or HDFC Bank Diners Club Miles Credit 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.

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