Reward points update on HDFC

abhi2992 · Dec 2, 2022

currently hold HDFC Regalia and got this update yesterday

Revision in the Reward Points Program & Fee structure on your HDFC Bank Credit Card xx1935 w.e.f 1st January 2023.

Dear Customer,

We have an important update for you.

There is a revision in the Reward Points Program on your HDFC Bank Credit Card as below, w.e.f 1st January 2023:

1.	On the HDFC Bank SmartBuy portal, the redemption of Reward Points for flights & hotel bookings will be capped at 50,000 Reward Points per calendar month.
2.	Redemption of Reward Points against statement balance (CashBack redemption) will be capped at 50000 Reward Points per calendar month w.e.f 1st February 2023.
3.	For select Products & Vouchers, the redemption of Reward Points will be capped at 70% of the total value. The remaining amount must be paid using the same Credit Card w.e.f 1st February 2023.
4.	Rent payments and Government transactions will NOT earn Reward Points.
5.	Reward Points earned on grocery transactions will be capped at 2000 Reward Points per calendar month.

Revision in the Fee structure w.e.f 1st January 2023:

1.	For rent payments made through third-party merchants, a fee of 1% of the total transaction amount will be levied from the second rental transaction of the calendar month.
2.	If you conduct a transaction (in-store or online) in Indian currency at an international location or with a merchant located in India but registered overseas, a dynamic & static conversion markup fee of 1% will be charged.