InterMiles HDFC Bank Signature Credit Card
The InterMiles HDFC Bank Signature Credit Card is a travel-focused credit card by HDFC Bank in partnership with InterMiles (intermiles.com). It offers many benefits like 16 free visits to domestic airport lounges every year and 5 free international lounge visits through Priority Pass. You also get a free Dineout Passport membership, which gives you great dining discounts. With a joining fee of ₹2,500, you can earn up to 8,000 bonus InterMiles based on how much you spend. The card also comes with other perks like a fuel surcharge waiver and a renewal fee waiver if you spend enough in a year.
This card is great for people who travel often, as it gives 12X InterMiles on flight and hotel bookings through the InterMiles website. You can also get discounts on Etihad Airways bookings. However, the reward points can only be used on the InterMiles platform. So, if you frequently book flights and hotels using InterMiles, this card can help you save a lot while also enjoying extra travel and dining benefits.
Rewards and Benefits
Fees & Charges
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.
What are the perks of the InterMiles HDFC Bank Signature Credit Card?
The card offers several benefits including up to 8,000 InterMiles as an activation reward, 12 InterMiles per spend, exclusive discounts up to 10% on Etihad Airways bookings, and free access to airport lounges.
How can I use my InterMiles?
You can redeem your InterMiles for flight bookings on the InterMiles website. If you book with Etihad Airways, you'll also receive additional discounts and accelerated rewards.
Is the JetPrivilege program still running?
No, the JetPrivilege program has been replaced by the InterMiles Program by Etihad Airways.
What should I do if I lose my InterMiles credit card?
Report the loss to the customer helpline immediately. Once reported, you will not be liable for any fraudulent transactions on your card.
How do I access the Priority Pass membership?
As an InterMiles HDFC Bank Signature Credit Card holder, you will receive a Priority Pass membership with 5 complimentary visits per year.
Does this card offer dining benefits?
Yes, the card provides special dining deals and a Dineout Passport membership, which gives you access to exciting restaurant offers.
Are there any discounts on hotel bookings with this card?
Yes, you’ll receive hotel discount vouchers worth Rs. 2,000 in the first year, and Rs. 1,000 from the second year onward.
What are the renewal benefits of this credit card?
The renewal benefits include 6,000 bonus InterMiles and complimentary flight and hotel discount vouchers.
Does this card have both a magnetic strip and an EMV chip?
Yes, the InterMiles HDFC Bank Signature Credit Card is equipped with both a magnetic strip and an EMV chip for added security.
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