M16S / HDFC Bank / Flipkart Wholesale HDFC Bank Credit Card
entry · business, cobrand, cashback
Flipkart Wholesale HDFC Bank Credit Card
The Flipkart Wholesale HDFC Bank Credit Card costs Rs 499 a year, waived if you spend Rs 3,00,000 in a year. Its base return is 1% (1% cashback on all other spends). Accelerated earn: 5% cashback on Flipkart Wholesale online spends; 5% on telecom, utility, government and tax payments. The forex markup is 3.5%. Read from the issuer's documents and an aggregator on 31 Oct 2026.
- Annual fee
- Rs 499+ GST
- Fee waived at
- Rs 3,00,000annual spend
- Base return
- 1%
- Forex markup
- 3.5%
- Interest
- 3.75%a month
Apply on hdfc.bank.inOpens the bank’s own page.
Fees
| Joining feeunverified | Free |
|---|---|
| Annual feeunverified | Rs 499 |
| Annual spend that waives the fee | Rs 3,00,000 |
| Fee notes | The product page does not print the fee amounts (it links out to them). Earlier data: first year free, Rs 499 from year 2. Renewal fee waived on Rs 3 lakh spend in the previous year (product page; MITC). |
Rewards
| Welcome benefit | Rs 500 cashback per transaction on the first 3 Flipkart Wholesale online purchases of Rs 2,000+ within 90 days of onboarding |
|---|---|
| Reward currency | Cashback (statement credit) |
| Base earn | 1% cashback on all other spends |
| Base return | 1% |
| Point value | Cashback accrued in a calendar month is auto-redeemed in the following statement |
| Accelerated earn | 5% cashback on Flipkart Wholesale online spends; 5% on telecom, utility, government and tax payments |
| Caps | Flipkart Wholesale Rs 2,000 per month; telecom/utility/government/tax Rs 250 per month; 1% category capped at 25,000 per month; grocery 1,000 points per month |
| Spends that earn nothing | Rent and education transactions earn nothing (product page, from 1 Jan 2023); EMI transactions (earlier data) |
| Points expiry | Unredeemed points lapse after 2 years |
| Reward notes | base_return_pct = 1% cashback credited to the statement; rate stated on the product page. |
Travel and perks
| Forex markup | 3.5% |
|---|---|
| Fuel surcharge waiver | 1% on txns Rs 400-5,000, cap Rs 250 per statement cycle (MITC) |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | On outstanding balance: up to Rs 100 nil; 101-500 Rs 100; 501-1,000 Rs 500; 1,001-5,000 Rs 600; 5,001-10,000 Rs 750; 10,001-25,000 Rs 900; 25,001-50,000 Rs 1,100; above 50,000 Rs 1,300 (MITC) |
| Cash advance fee | 2.5% of amount, min Rs 500 |
| Eligibilityunverified | Self-employed Indian nationals, age 21-65, ITR above Rs 6 lakh a year (product page). Flipkart Wholesale / Best Price membership requirement per aggregator |
| Fine-print notes | For kirana and small retailers who buy from Flipkart Wholesale. Cashback applies only at merchant/terminal IDs on Flipkart Wholesale's list. Product page read 2026-10-12; fee amounts, network, lounge and forex markup are not on it. Bank-wide charges per MITC: 1% fee on rent payments (cap Rs 4,999/txn); 1% on utility spends above Rs 50,000/month (Rs 75,000 on business cards); 1% on wallet loads above Rs 10,000/month (PayZapp exempt); 1% on fuel spends above Rs 15,000/month (Rs 30,000 business); 1% on online skill gaming above Rs 10,000/month; 1% on education paid via third-party apps; 1% + GST on railway tickets; 1.75% markup on INR transactions at overseas merchants from 15 May 2026. Points lapse if the card is unused for 365 days. |
Questions
- What is the annual fee of the Flipkart Wholesale HDFC Bank Credit Card?
- Rs 499 a year, before GST. It is waived if you spend Rs 3,00,000 in a year.
- What is the forex markup on the Flipkart Wholesale HDFC Bank Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Flipkart Wholesale HDFC Bank Credit Card?
- Rent and education transactions earn nothing (product page, from 1 Jan 2023); EMI transactions (earlier data)