HDFC Bank INFINIA Metal Credit Card
Gaurav
The HDFC Bank INFINIA Metal Credit Card and Diners Club Black credit card are two of the most popular cards in India. Even though there have been some changes, they still offer a reward rate that few other cards can match. The HDFC Bank Infinia card gives 5 reward points for every Rs 150 spent on retail purchases. When you use these points for flights, it gives a great 3.3% return on all your spending. Additionally, HDFC Bank SmartBuy offers the best rewards for Infinia, with a 16% reward rate for buying gift vouchers and booking flights. Infinia also stands out by offering unlimited free access to both domestic and international airport lounges. This review highlights why the HDFC Bank Infinia credit card remains one of the best in India.
Rewards and Benefits
Rewards Rate
Earn 5 reward points for every Rs. 150 spent, with a reward rate of up to 3.3%.
Reward Redemption
Reward Points (RPs) can be redeemed for flight and hotel bookings through SmartBuy (1 RP = Re. 1). You can also convert RPs to Airmiles via net banking (1 RP = 1 Airmile), or use them for products and vouchers via SmartBuy or net banking (1 RP = Rs. 0.50). RPs can be redeemed for Apple and Tanishq vouchers (1 RP = Re. 1), or for cashback (1 RP = Rs. 0.30).
Movie & Dining
Get a free buffet for one when you buy one at ITC Hotels and enjoy 15% off with Swiggy Dineout.
Travel
Complimentary Priority Pass Membership
Golf
offers unlimited free golf games and coaching at top courses in India and abroad.
Domestic Lounge Access
Enjoy unlimited free access to domestic airport lounges.
International Lounge Access
Unlimited Complimentary International Lounge Access for Primary and Add-On Cardholders Across the Globe with a Priority Pass
Insurance Benefits
Get insurance coverage of Rs. 3 crores for accidental air death, Rs. 50 lakh for medical emergencies during international flights, and Rs. 9 lakh as credit shield cover.
Fees & Charges
Interest Rates
1.99% per month or 23.8% annualized
Spend-Based Waiver
On spends of Rs 10 Lakh in a membership year
Rewards Redemption Fee
Nil
Cash Advance Charges
NIL (Interests charges applicable)
Foreign Currency Markup
2.00% +GST
Fuel Surcharge
1% fuel surcharge waiver up to Rs. 1,000 each month
What should you consider before applying for a credit card in India?
Key Considerations Before Applying for a Credit Card in India:
- Eligibility Criteria: Ensure you meet the eligibility requirements, which typically include age, income, credit score, and employment status as defined by the issuing bank or financial institution.
- Credit Score: A strong credit score can significantly improve your chances of approval and result in more favorable terms, such as lower interest rates or higher credit limits. Verify that your credit score is healthy before applying.
- Interest Rates and Fees: Compare the annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction charges associated with various cards. These costs can vary widely and impact the overall value of the card.
- Rewards and Benefits: Evaluate the rewards, cashback, discounts, or other perks offered by the card to ensure they align with your spending patterns. Some cards may provide better benefits in specific categories, such as travel, shopping, or dining.
- Credit Limit: Review the credit limit offered by the card to ensure it meets your financial needs. Avoid applying for cards with excessive limits if you are concerned about managing debt, as this can lead to higher interest charges.
- Repayment Terms: Understand the repayment structure, including the minimum payment amount, payment due dates, and any associated penalties. Being clear about these terms can help you manage payments effectively and avoid interest buildup.
- Card Type and Features: Choose a card type that matches your specific needs—whether standard, premium, or specialized cards like those offering travel rewards or dining privileges. Ensure the features of the card align with your lifestyle and spending habits.
- Bank’s Reputation: Opt for a financial institution with a proven reputation for customer service and transparency. Consider researching customer reviews and assessing their support channels to ensure reliable service.
- Hidden Charges: Be aware of any hidden fees, including annual fees, balance transfer charges, foreign transaction fees, or cash withdrawal charges. These can add up over time and affect the overall cost-effectiveness of the card.
- Credit Utilization: Maintain a balance within your credit limit to avoid high credit utilization ratios, which can negatively impact your credit score. Responsible use of credit is essential for maintaining financial health.
- Long-Term Financial Plans: Consider how the credit card fits into your overall financial strategy. Avoid accumulating unnecessary debt and choose a card that supports your long-term financial goals without adding financial strain.
FAQs:
How long is the interest-free period on my card?
You get an interest-free period of up to 50 days with your Infinia Credit Card.
Can I withdraw cash from my Infinia Credit Card?
Yes, you can withdraw up to 40% of your credit limit from your Infinia Credit Card.
Can I earn Reward Points on online purchases with my Infinia Credit Card?
Yes, you can earn Reward Points on eligible online purchases, but not for EasyEMI or e-wallet loading.
Do I earn Reward Points for EasyEMI transactions?
No, you won’t earn Reward Points on EasyEMI transactions or when you load your e-wallet.
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