Marriott Bonvoy HDFC Bank Credit Card
The Marriott Bonvoy HDFC Bank credit card is the first hotel credit card of its kind in India. It has a joining and annual fee of Rs. 3000 plus taxes. The card offers several benefits, especially for frequent Marriott customers. Marriott has over 30 hotel brands worldwide, and the card gives you Silver Elite status, which includes discounts on hotel stays, free stays, dining offers, and more.
As a welcome gift, you get a Free Award Night, valid for one year, and can earn 3 more free nights by meeting certain spending targets.
The card also allows you to earn up to 8 reward points for every eligible purchase, offers free lounge access, free golf rounds, and various insurance benefits.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Before applying for a credit card in India, consider the following factors:
- Eligibility Criteria: Check the age, income, credit score, and employment status requirements set by the bank or financial institution.
- Credit Score: A higher credit score increases your chances of approval and may result in better offers. Ensure your credit score is in good standing.
- Interest Rates and Fees: Compare annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction fees. These can vary significantly between cards.
- Rewards and Benefits: Look for cards that offer rewards, cashback, discounts, or other perks that align with your spending habits.
- Credit Limit: Make sure the credit limit offered is in line with your financial needs. Avoid over-borrowing, which can lead to high-interest charges.
- Repayment Terms: Understand the repayment options, minimum payment amount, and due dates. Consider how easily you can manage timely payments to avoid interest accumulation.
- Card Type and Features: Choose a card type (e.g., standard, premium, travel, etc.) based on your requirements. Some cards offer more benefits for specific categories like travel, shopping, or dining.
- Bank’s Reputation: Opt for a bank with a good track record of customer service and transparency. Read reviews and consider their customer support accessibility.
- Hidden Charges: Be aware of any hidden fees, such as annual fees, balance transfer charges, and cash withdrawal fees.
- Credit Utilization: Ensure you can manage your spending within the credit limit to maintain a healthy credit utilization ratio, which impacts your credit score.
- Long-Term Financial Plans: Think about how the credit card will fit into your long-term financial goals and avoid accumulating unnecessary debt.
What benefits do I get by using the Marriott Bonvoy HDFC Bank credit card?
Using the Marriott Bonvoy credit card gives you a 5% cashback when you shop on Smartbuy, a platform offering various online services and products.
What welcome benefit will I receive with the Marriott Bonvoy HDFC Bank credit card?
Upon paying the joining fee, you’ll receive 1 Free Night Award as a welcome benefit. This is available only to the primary cardholder and is credited within 8 to 12 weeks after payment of the joining fee.
What is the rewards system for the Marriott Bonvoy credit card?
For every eligible purchase you make, you earn Marriott Bonvoy points:
- 8 points per Rs. 150 spent at participating Marriott Bonvoy hotels
- 4 points per Rs. 150 spent on Travel, Dining, and Entertainment
- 2 points per Rs. 150 spent on other qualifying purchases.
Do Marriott Bonvoy points expire?
Marriott Bonvoy points remain valid as long as you engage in qualifying activities (like card spends, hotel bookings, or dining) within the past 24 months. If there is no activity for 24 months, the points will expire.
What milestone benefits are associated with the credit card?
You can earn 3 additional Free Night Awards by reaching spending targets of Rs. 6 Lakhs, Rs. 9 Lakhs, and Rs. 15 Lakhs during your card’s anniversary year. These milestones allow you to enjoy more rewards and benefits with your card.
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