What is the annual fee of the HDFC Teachers Platinum Credit Card?

Rs 500 a year, before GST. It is waived if you spend Rs 50,000 in a year.

What is the forex markup on the HDFC Teachers Platinum Credit Card?

3.5% of each foreign-currency transaction, before GST.

Which spends earn no rewards on the HDFC Teachers Platinum Credit Card?

No Reward Points or CashPoints on rent, from 1 Jan 2023 (MITC)

M16S / HDFC Bank / HDFC Teachers Platinum Credit Card

entry · rewards

HDFC Teachers Platinum Credit Card

HDFC BankLast checked 31 Oct 2026closed to new applicants

The HDFC Teachers Platinum Credit Card costs Rs 500 a year, waived if you spend Rs 50,000 in a year. It earns Page says only 'Up to 3X Reward Points on spends of Rs 200'; the base rate is not stated. The forex markup is 3.5%. Read from the issuer's own documents on 31 Oct 2026.

Annual fee: Rs 500+ GST
Fee waived at: Rs 50,000annual spend
Base return: —
Forex markup: 3.5%
Interest: 3.75%a month

Fees

Annual fee	Rs 500
Annual spend that waives the fee	Rs 50,000
Fee notes	Annual/renewal fee Rs 500 + taxes; waived for the following year on Rs 50,000 annual spend (from 15 Feb 2019). Joining fee not stated separately.

Rewards

Reward currency	Reward Points
Base earnunverified	Page says only 'Up to 3X Reward Points on spends of Rs 200'; the base rate is not stated
Caps	3X Reward Points capped at 2,400 RP a year
Spends that earn nothing	No Reward Points or CashPoints on rent, from 1 Jan 2023 (MITC)
Milestone benefits	500 Reward Points on Teacher's Day (5 September) every year
Reward notes	Earn rate and point value are not stated clearly on the page, so base return not computed.

Travel and perks

Forex markup	3.5%
Fuel surcharge waiver	1% on txns Rs 400-5,000, cap Rs 250 per cycle
Other freebies	Up to 3 lifetime-free add-on cards; up to 50 interest-free days; Rs 1,000 PayZapp cashback offer

Charges and eligibility

Interest per month	3.75%
Eligibility	Closed to new applicants; designed for teachers
Fine-print notes	Legacy card: 'Sourcing of this Credit Card has been stopped.' All fields from the HDFC product page read 2026-10-12. Page gives interest as 3.49%, then 3.6% a month from 1 Sep 2020; the bank's current MITC rate recorded on other entries is 3.75%, so treat it as possibly stale. Forex markup, point value, expiry and networks are not on the page.

Questions

What is the annual fee of the HDFC Teachers Platinum Credit Card?: Rs 500 a year, before GST. It is waived if you spend Rs 50,000 in a year.
What is the forex markup on the HDFC Teachers Platinum Credit Card?: 3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the HDFC Teachers Platinum Credit Card?: No Reward Points or CashPoints on rent, from 1 Jan 2023 (MITC)