HDFC credit card reward points is a loyalty program that is offered by HDFC bank. It provides rewards to the card holders in the form of points. So, how to use HDFC credit card reward points. Let’s see 5 best ways.
Topics Discussed in This Article:
- How you can claim HDFC credit card reward points
- How much is 1 HDFC card reward point worth
- How to use HDFC credit card reward points
- Can I convert HDFC reward points to cash
- Does HDFC reward points expire
- What is the best possible way to use HDFC credit card points
Points are earned when you use your HDFC credit card for transactions. These points can be redeemed for cash, gift vouchers, and more. The reward points will be credited to your account within 24 hours of making the purchase.
How to Claim HDFC Credit Card Reward Points
A HDFC credit card is a great way to earn rewards points. These points are called HDFC reward points. You can earn these points by using your credit card for different transactions like shopping, paying your bills, making payments and even for paying your taxes.
There are two ways to claim the reward points you have earned. They are as below:
A) Login to your HDFC net banking, select your card and click on redeem reward points and follow the steps there.
B) Another way is to download a form , fill up it and mail it to HDFC bank.
You can also call up customer care if you are having any problem in claiming the reward point.
How Much is 1 HDFC Reward Point Worth
HDFC offers 2 reward points for every RS. 150 you spend and for online transactions, you will get 2x reward points. You will also be eligible for Rs. 500 gift voucher if you spend Rs.50k in a quarter.
The reward points you earn is very less worthy. 100 reward points is equal to 0.20 rupees, but if you spend it on airline programmes, it will worth 0.30.
How to Use HDFC Credit Card Reward Points
The first thing you need to do is to register your card with the bank, which can be done online or by visiting the nearest branch of HDFC Bank. Once registered, you will be able to access your account and track your reward points. The process of registering is simple and doesn’t take more than a couple of minutes.
Once registered, you can start earning rewards points by using your credit card for all transactions such as paying for groceries, clothes or any other purchase that you make on a regular basis. You can also earn rewards points by shopping at certain retail outlets which have partnered.
5 Best Ways to Use HDFC Credit Card Reward Points:
- You can use reward points to shop and buy things online
- You can convert reward points into cash and deposit it into your account
- Credit card reward points can also be used to buy gift cards
- Get discount on airfare and hotels if you use reward points
- Credit card reward points can also be used for donating to charity.
Can I Convert HDFC Reward Points to Cash
Yes, HDFC credit card reward points can also be converted into cash. But, only few card offers this facility. Not all the card’s reward points can be converted into cash. To redeem, you must have at least 500 reward point in the balance.
The process to convert reward points into cash is very simple. When you login to your net banking, select your card and click on redeem option, you will also see an option of cash redemption. Just click on that cash redemption option and follow the process.
Does HDFC reward points expire
The HDFC reward points expire after a certain period of time. The expiry date is not mentioned on their website, but it can be found in the terms and conditions of their rewards program.
According to their terms and condition, rewards points get expired after two years of accrued date. If you have 500 points accrued on 25 may 2020, it will expire on 25 may 2022.
What is the Best Possible Way to Use HDFC Credit Card Points
One of the most common questions people have is “What is the best way to use HDFC credit card points?”
The answer to this question depends on what you want to do with your points.
If you want to save up for a big purchase, it is better to use your points for a flight or hotel rather than on smaller purchases.
This way, you can secure yourself a good deal and save up for something more expensive.
If you are looking at using your HDFC credit card points as an incentive, there are plenty of options available.
You could use them as an incentive in your office or give them away as prizes in a competition.
So, this is all about how to use HDFC credit card reward points. I have tried to cover all the necessary information regarding the topic. If you have any question, please post it below in the box. Thank You!
Read Our Other Articles: