M16S / HDFC Bank / HDFC Bank UPI RuPay Credit Card
entry · upi, rewards
HDFC Bank UPI RuPay Credit Card
The HDFC Bank UPI RuPay Credit Card costs Rs 99 a year, waived if you spend Rs 25,000 in a year. Its base return is 0.25%. The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 12 Oct 2026.
- Annual fee
- Rs 99+ GST
- Fee waived at
- Rs 25,000annual spend
- Base return
- 0.25%
- Forex markup
- 3.5%
- Interest
- 3.75%a month
What changed on this card
- HDFC Bank adds 1.75% markup on INR spends at overseas merchants, May 2026
From 15 May 2026, a markup fee of 1.75% applies on all transactions in Indian currency at an international location, or at merchants located in India but registered overseas. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank adds 1% fee on wallet loads and gaming above Rs 10,000, Jul 2025
A 1% fee applies on wallet loading (excluding PayZapp) and on online skill-based gaming spends above Rs 10,000 in a calendar month. Each fee is capped at Rs 4,999 per month. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank stops rewards on online skill-based gaming from Jul 2025
Online skill-based gaming transactions no longer earn Reward Points or CashPoints on any HDFC Bank credit card from 1 July 2025. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Rs 99 |
|---|---|
| Annual fee | Rs 99 |
| Annual spend that waives the fee | Rs 25,000 |
| Fee notes | First-year and renewal fee Rs 99 + taxes. Renewal fee waived on Rs 25,000 spend in 12 months (product page). |
Rewards
| Reward currency | CashPoints |
|---|---|
| Base earn | 1% CashPoints on other spends, UPI and regular card spends alike |
| Base return | 0.25% |
| Point value | 1 CashPoint = Rs 0.25 against statement, on SmartBuy, product catalogue and airmiles |
| Accelerated earn | 3% CashPoints on groceries/supermarket (MCC 5411), dining (MCC 5812, 5814) and PayZapp transactions; 2% on utilities (MCC 4900) |
| Caps | 500 CashPoints per calendar month in each tier (3%, 2%, 1%); transactions below Rs 100 earn nothing; SmartBuy spends earn nothing. Flight/hotel redemption capped at 50% of booking value |
| Spends that earn nothing | Fuel, rent, government, wallet/gift/prepaid loads, voucher purchases, all EMI, insurance, cash advances, card fees |
| Points expiry | 2 years from accumulation |
| Reward notes | Redemption fee Rs 99 + GST (MITC); min 500 CashPoints to redeem (product page). base_return_pct = 1 CashPoint per Rs 100 x Rs 0.25 = 0.25%; both figures from the product page. |
Travel and perks
| Domestic lounge | None |
|---|---|
| International lounge | None |
| Forex markupunverified | 3.5% |
| Fuel surcharge waiver | None: no fuel surcharge applies on UPI payments, so no waiver; 1% fee on fuel transactions above Rs 15,000 from 1 Oct 2025 |
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 |
| Eligibility | Issued only as an additional floater card to holders of another HDFC Bank credit card, not as a standalone card; no documents needed |
| Fine-print notes | Virtual-only card, no plastic issued, and only as an add-on to an existing HDFC card. The headline 3%/2%/1% are CashPoints worth Rs 0.25 each, so real returns are 0.75%/0.5%/0.25%. MITC also lists a 'UPI RuPay Mega Saver' variant at 1.99% monthly interest; no details found. Product page read 2026-10-12; forex markup is 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 HDFC Bank UPI RuPay Credit Card?
- Rs 99 a year, before GST. It is waived if you spend Rs 25,000 in a year.
- Does the HDFC Bank UPI RuPay Credit Card give airport lounge access?
- No lounge access is listed for this card.
- What is the forex markup on the HDFC Bank UPI RuPay Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the HDFC Bank UPI RuPay Credit Card?
- Fuel, rent, government, wallet/gift/prepaid loads, voucher purchases, all EMI, insurance, cash advances, card fees