Offer Fulfilled! HDFC Forex Card Load 5X Reward Points Offer

5X Reward Points Offer

Make every online load and reload on your HDFC Bank ForexPlus Card more rewarding! Use your HDFC Bank Credit Card and activate the power of 5X Reward Points Multiplier on every transaction.

5X Reward points offer details

• Customers can earn 5X Reward Points for every Forex Card load/reload transaction made using eligible HDFC Bank Credit Cards.
• Minimum Transaction Value: Rs15,000 per transaction.
• Maximum Reward Points (RP): Customers can earn a maximum of 15,000 Reward Points per calendar month during the offer period.

• Offer Period:​

  The 5X Reward Points Offer is valid for load / reload transactions settled between 1st January 2025 and 31st March 2025.
• https://offers.smartbuy.hdfcbank.com/offer_details/5x-rewards-points-offer/26166/Z2mkmWk%3D

• Card Type​	Base Earn Rate (1X)​	Additional 4XRP Capped at 15,000 RPs​	Total: 5X RP​	Max Spends for 5X​
  HDFC Bank Regalia First​	3RP/Rs.150​	12RP/Rs. 150​	15 RP/ Rs. 150​	187500​
  HDFC Bank Regalia​	4RP/Rs.150​	16RP/Rs. 150​	20 RP/ Rs. 150​	140625​
  HDFC Bank Regalia Activ​	4RP/Rs.150​	16RP/Rs. 150​	20 RP/ Rs. 150​	140625​
  HDFC Bank Regalia Gold​	4RP/Rs.150​	16RP/Rs. 150​	20 RP/ Rs. 150​	140625​
  HDFC Bank Diners Privilege/ HDFC Biz Power​	4RP/Rs.150​	16RP/Rs. 150​	20 RP/ Rs. 150​	140625​
  HDFC Bank Diners Black​	5RP/Rs.150​	20RP/Rs. 150​	25 RP/ Rs. 150​	112500​
  HDFC Bank Diners Black Metal/HDFC Biz Black Metal​	5RP/Rs.150​	20RP/Rs. 150​	25 RP/ Rs. 150​	112500​
  HDFC Bank Infinia​	5RP/Rs.150​	20RP/Rs. 150​	25 RP/ Rs. 150​	112500​
  HDFC Bank Infinia Metal​	5RP/Rs.150​	20RP/Rs. 150​	25 RP/ Rs. 150​	112500​

• The offer is applicable exclusively for load / reload of HDFC ForexPlus Cards done using an HDFC Bank Credit Cards: HDFC Bank Regalia First, HDFC Bank Regalia, HDFC Bank Regalia Activ, HDFC Bank Regalia Gold, HDFC Bank Diners Privilege, HDFC Bank Diners Black, HDFC Bank Diners Black Metal, HDFC Bank Infinia and HDFC Bank Infinia Metal Credit Card
• 5X reward points will be credited as: 1X reward points + additional 4X Reward Points. Additional 4X reward points are capped at 15,000 reward points per calendar month. 1X reward points will continue as is without any capping
• A minimum spend of Rs. 15,000 per transaction is required to be eligible for additional 4X reward points
• The limits are over and above the limits of HDFC SmartBuy

Issuance Fee Waiver Offer
There is another offer running on the issuance of an HDFC ForexPlus card where the joining fees get waived if you load a minimum of 1,000 USD or equivalent value of another currency. Check this out.

https://offers.smartbuy.hdfcbank.com/offer_details/forex-card-offers/10366/ZmOmmWk%3D

My Experience
Since I have an international trip planned next month to Japan I tried to apply HDFC ForexPlus Card (multicurrency card) and load some 2,00,000 Yen to the card to compare the actual reward rate. While Google is showing the exchange rate of 2L Yen equal to 112150 INR, HDFC is charging me some 1,16,695 INR including loading charges of around 195. It equates to a direct loss of approximately 4.01% since HDFC has higher Forex rates. But with a 16.66% (5X) reward rate on my Diners Club Black credit card, this deal is too good since it would leave me a net reward rate of 12.65% which handsomely beats even the reward rates of Axis Olympus and Axis Reserve. This is a good offer especially if you hold Diners Black or above credit cards.

Loading in USD is proving to be much cheaper since only approximately 2% charge is being applied so if you want to get a card then go for Regalia Plus Forex card since although it can be loaded only in USD but can be used to pay in any currency worldwide since it has zero cross currency markup charges.

 

[Avatar Aang]

Is this loading forex card 5x offer still running?

31st March was the last day.

 

[djsingh313]

Is this loading forex card 5x offer still running?

No, over on 31st March

 

[ashwinsid]

I took the HDFC Regalia Forex card and loaded Rs.90,000 last month. And now saw the statement where it says 12,020 reward points fro for forex card reload. I think the base reward for this 90,000 loading is missing right? Or am I missing something? (Serial Number 5 smartbuy is Amazon vouchers if I am not mistaken).

Or is the reward points properly credited?

 

[Avatar Aang]

I took the HDFC Regalia Forex card and loaded Rs.90,000 last month. And now saw the statement where it says 12,020 reward points fro for forex card reload. I think the base reward for this 90,000 loading is missing right? Or am I missing something? (Serial Number 5 smartbuy is Amazon vouchers if I am not mistaken).

Or is the reward points properly credited?

View attachment 92120

Those are bonus points. Base points must be there along side the transaction.

 

[vishalgupta2]

Is this loading forex card 5x offer still running?

Please check the link in the first post in the thread

 

[ashwinsid]

Those are bonus points. Base points must be there along side the transaction.

No points shown for the 90,177 transaction for loading the forex card

 

[djsingh313]

No points shown for the 90,177 transaction for loading the forex card

View attachment 92178

Did you contact customer care?

 

[nomad47]

No points shown for the 90,177 transaction for loading the forex card

View attachment 92178

Look at the other pages of your statement where bonus reward points are mentioned. It will be mentioned there. For some reason, HDFC has mentioned both the normal and bonus reward points in the table below.

 

[salisburry44]

Hdfc taking back points for those who took back amount to account.

 

[thanix]

Hdfc taking back points for those who took back amount to account.

If this is true, absolutely loving it. But my mind is unable to accept that HDFC has system that tracks and acts so quickly, given their past history.

 

[jamesdolan]

Well done to hdfc. Loss of 5 to 10k for people who thought they would act smart , 😭 😭 😭 😭 😭 😭

 

[cardio_guycardio_guy is verified member.]

HDFC Rocked, Looters Shocked 😀 😛 😉

 

[mgforce]

Well done to hdfc. Loss of 5 to 10k for people who thought they would act smart , 😭 😭 😭 😭 😭 😭

I would say learning for future, with small loss 🙂

 

[amitamit is verified member.]

Offer Clawbacked : HDFC Forex Card Load 5X Reward Points Offer​

 

[jamesdolan]

It isn't claw backed. I have my points in tact as I actually used the forex. Fraudsters who rotated money have been caught. That's all

 

[bargainHunter]

Someone from HDFC mentioned that this campaign was massively helpful to them given
- Gave confirmed usd passive flows so thier treasury team could take positions knowing the side of the flow
- Balance sheet as of 31 March had more deposits which helped them in balance sheet ratios

So even without the reversal, they were very happy. With reversal, they are partying!

 

[sunit123]

Someone from HDFC mentioned that this campaign was massively helpful to them given
- Gave confirmed usd passive flows so thier treasury team could take positions knowing the side of the flow
- Balance sheet as of 31 March had more deposits which helped them in balance sheet ratios

So even without the reversal, they were very happy. With reversal, they are partying!

It was helpful to them but at a cost (genuine buyers)...Their profit will come at the cost of fools (Who bought blindly without applying their mind)...I am assuming 10% were genuine buyers and 90% were fools so HDFC bank had last laugh in this scheme.

 

[Avatar Aang]

It was helpful to them but at a cost (genuine buyers)...Their profit will come at the cost of fools (Who bought blindly without applying their mind)...I am assuming 10% were genuine buyers and 90% were fools so HDFC bank had last laugh in this scheme.

Please elaborate how 90% were fool? Genuine buyers and others bought USD and got the bonus points. Those who thought they can outsmart HDFC by just taking back the money to bank account might reconsider it.

 

[sunit123]

Please elaborate how 90% were fool? Genuine buyers and others bought USD and got the bonus points. Those who thought they can outsmart HDFC by just taking back the money to bank account might reconsider it.

just check this thread and read all comments...You can find out, how many bought based on need and how many only for rewards

If someone didn't need it, have no option but to unload may be not today but after 1 year so rewards will be clawed back...

People gave false information of foreign travel to get rewards....

Biggest issue is for those who already used rewards...Now HDFC उनकी अच्छे से बैंड बजाएगा जैसे axis ने बजाई थी

 

[Avatar Aang]

just check this thread and read all comments...You can find out, how many bought based on need and how many only for rewards

If someone didn't need it, have no option but to unload may be not today but after 1 year so rewards will be clawed back...

People gave false information of foreign travel to get rewards....

Biggest issue is for those who already used rewards...Now HDFC उनकी अच्छे से बैंड बजाएगा जैसे axis ने बजाई थी

Now that HDFC is reversing points, I don't think people will transfer the unused USD to bank account. IMO most of those who bought USD were DCB/Infinia holders who can possibly hold 1200-1300 USD for much longer period. People will even consider giving their card to friend relatives instead of transferring the money back to account