Business
HDFC Bank is India’s largest private sector bank by assets and the largest bank in India by market capitalization. With a wide network of over 15,292 ATMs and 5500 branches spread across 2848 cities, HDFC bank has issued over 1.5 crore credit cards as of 2020. This makes HDFC the largest issuer of credit cards in India. More Indians trust HDFC credit cards than any other card as HDFC credit cards offer a host of features and benefits that blend ease of use with great value for money.
Read on to find out more about the various benefits of HDFC Bank credit cards.
Read more about HDFC cards at https://karannegi.wixsite.com/creditguide/post/benefits-of-having-hdfc-credit-cards
Key Features and Benefits of HDFC Credit Cards
1. Great System of Rewards - Every time you use your HDFC credit card for transactions, you earn reward points that can be redeemed for great offers leading to major savings.
2. Interest-free Credit - A great HDFC Bank credit card benefit is that it offers a grace period between a transaction and the repayment date during which no interest is charged by the bank.
3. Complementary Insurance – Another great HDFC card benefit is that you become entitled to accidental death cover as well as burglary and fire cover on certain items that you purchase using your HDFC credit card, as long as certain minimum spending requirements are fulfilled.
4. Great Travel Benefits – With an HDFC credit card, you get a range of travel benefits such as lounge access, baggage allowance, complimentary flight tickets, extra air miles, and much more, making HDFC credit cards especially attractive to frequent travelers.
5. Improve Your Credit Score – Another HDFC Bank credit card benefit is that every time you use your HDFC credit card for a transaction and make your payments on time, your CIBIL score improves. This makes you eligible for cheaper and faster loans besides a host of other offers that banks offer only to customers with a great credit history.
HDFC offers a variety of cards to choose from. Each individual can own a card according to their lifestyle, need, and will. Choosing the correct credit card will always help you save a ton on your expenditure and earn redeemable points to shop on later.