HDFC Freedom Credit Card
Fees
₹500 + Taxes
Joining & AnnualReward Rate
10X CashPoints on BigBasket, BookMyShow, OYO, Swiggy & Uber
Welcome Bonus
500 CashPoints on payment of joining fee
Lounge Access
No Lounge Access
FindMyCard Expert Take
The HDFC Freedom Credit Card offers 10X CashPoints on Swiggy, Uber, BigBasket, BookMyShow & OYO with annual fee of ₹500 + Taxes waived on ₹50,000 annual spend.
Pros & Cons
Key Advantages
- 10X CashPoints on popular merchant partners (Swiggy, Uber, BigBasket, BookMyShow)
- 5X CashPoints on EMI spends
- 1% fuel surcharge waiver across all fuel stations
- Low annual spend requirement (₹50,000) for fee waiver
Limitations
- Monthly cap of 2,500 CashPoints on 10X categories
- 1 CashPoint per ₹150 on general retail spends is modest
- CashPoint redemption for statement credit requires minimum 500 points
Editorial Verdict
The HDFC Freedom Credit Card is ideally suited for beginners & daily merchants spends. If you want 10x cashpoints on bigbasket, bookmyshow, oyo, swiggy & uber, this card delivers real value. The ₹500 + taxes is easily offset by the card's perks if you use it regularly. You'll generally need Good (720+) credit to be approved.
Key Perks & Spending Milestones
10X CashPoints on BigBasket, BookMyShow, OYO, Swiggy and Uber (max 2,500 CashPoints/month)
5X CashPoints on EMI transactions at merchant locations (max 2,500 CashPoints/month)
1 CashPoint per ₹150 spent on all other retail transactions
1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 (max ₹250/cycle)
Up to 50 days of interest-free credit period
🚀 Milestone Spends Timeline
Annual fee waived on retail spends of ₹50,000 in a membership year
Fees & Charging Rates
Annual Fee Waivers
₹500 + Taxes
💡 Annual fee waived on ₹50,000 annual retail spends
Regular Interest Charges
3.6% per month (43.2% per annum)
📅 Late Payment Fee Penalty Tiers
| Outstanding Balance Amount | Late Payment Fee Penalty |
|---|---|
| up to 500 | Nil |
| 501 to 1000 | ₹500 |
| 1001 to 5000 | ₹600 |
| 5001 to 10000 | ₹750 |
| 10001 to 25000 | ₹900 |
| 25001 to 50000 | ₹1,100 |
| above 50000 | ₹1,300 |
Insurance & Protection Benefits
air accident cover
Nil
lost card liability
Up to ₹50,000
purchase protection
Nil
emergency medical cover
Nil
Eligibility Criteria
salaried minimum income
₹12,000 per month
self employed ITR
₹6 Lakh per annum
age
21 to 60 years
Compare HDFC Freedom Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| HDFC Freedom Credit Card This Card | ₹500 + Taxes | 10X CashPoints on BigBasket, BookMyShow, OYO, Swiggy & Uber | No Lounge Access | 4.1/5 |
| Tata Neu Infinity SBI Card | ₹1,499 + Taxes | 5% NeuCoins on Tata Neu App/Website + partner brands, up to 10% on... | 2 Domestic/Qtr (₹75K Spend) + 4 Int'l/yr | 4.7/5 |
| American Express Membership Rewards® Credit Card | ₹1,000 + Taxes | 1 Membership Rewards Point per ₹50 spent (excl. fuel, utility,... | No Lounge Access | 4.6/5 |
| IDFC FIRST Business Multiplier Credit Card | ₹2,999 + Taxes | 10 Reward Points per ₹200 spent, up to ₹1 Lakh monthly spend; 5... | 8/yr Domestic + International (₹20K Spend) | 4.6/5 |