Tata Neu HDFC credit card

HDFC Bank has teamed up with Tata Neu to launch the exciting Tata Neu HDFC Bank credit card. This partnership has resulted in two co-branded credit cards: the Tata Neu HDFC Bank Infinity Credit Card and the Tata Neu HDFC Plus Credit Card.

Both card variants offer exclusive reward points on every purchase in the form of NeuCoins. The Infinity variant stands out as the premium option, providing numerous exclusive privileges across various categories. With an annual fee of Rs. 1,499 plus GST, it welcomes cardholders with benefits equal in value to the fee. Boasting a reward rate of up to 10%, this card ranks among the top shopping credit cards in the Indian market. The Tata Neu Plus card provides up to 7% value back on select Tata Neu purchases, with an annual fee of Rs. 499 plus GST.

Also Read: Exploring the HDFC RuPay Credit Card: Key Benefits and Features You Should Know

Beyond shopping, the card provides additional perks in travel, insurance, and lifestyle categories. Cardholders enjoy free access to domestic and international airport lounges, air accident insurance coverage, card liability protection, and several other benefits. The card also supports fast and easy contactless payments. For detailed information on the features, fees, and charges of the Tata Neu Infinity HDFC Bank Credit Card, please continue reading:

Eligibility

Reward Points

Tata Neu HDFC Credit Cards help you save through rewards in the form of NeuCoins, loyalty points redeemable on Tata Neu and partner brand platforms. You can earn NeuCoins as a welcome bonus and by making purchases with your credit card. In addition to NeuCoins, you benefit from complimentary airport lounge visits and the opportunity to waive your credit card annual fee.

The Tata Neu Plus card offers up to 7% value back on selected Tata Neu purchases, while the Tata Neu Infinity credit card provides up to 10% savings on the same, making both cards highly advantageous for eligible category spending.

The following important points for Tata Neu Card:

• Validity: NeuCoins are valid for 365 days from the date of your last transaction involving an eligible earn or use of NeuCoins.
• Redemption Value: 1 NeuCoin = Rs. 1.
• Redemption Options: Accrued NeuCoins can be redeemed at select partner brand stores and on the Tata Neu mobile app/website via Tata Pay. They can also be used as loyalty points for select categories or brands, including Tata Neu, Air India Express, BigBasket, Croma, IHCL hotels, Tata Cliq, Westside, and Tata 1mg.
• Excluded Categories: NeuCoins cannot be earned on fuel, rental, or government-related spends, voucher purchases, wallet loads, cash advances, outstanding bills or other fee payments, and EMI transactions.

Complimentary Airport Lounge Access

Airport Lounge Access in India: Tata Neu Plus cardholders receive 4 complimentary airport lounge visits per year, limited to 1 visit per calendar quarter. Tata Neu Infinity cardholders enjoy 8 complimentary visits per year, limited to 2 visits per quarter.

Airport Lounge Access outside India: Primary and add-on cardholders with the Visa card variant can avail of up to 4 complimentary Priority Pass visits per year (1 per calendar quarter) outside India. Similarly, those with the RuPay credit card variant also receive 4 complimentary visits per year (1 per quarter) outside India.

Annual Fee Waiver

Both HDFC credit card variants offer annual fee waiver conditions, allowing you to avoid the fee by meeting specific spending thresholds:

• Tata Neu Plus Credit Card: The annual fee is waived upon spending a minimum of Rs. 1 lakh in a year.
• Tata Neu Infinity Credit Card: The annual fee is waived upon spending a minimum of Rs. 3 lakh in a year.

Other Features & Benefits:

Fuel Surcharge Waiver: Both cards offer a 1% fuel surcharge waiver, up to Rs. 500 per statement cycle, at all fuel stations across India on fuel spends ranging from Rs. 400 to Rs. 5,000.

Zero Lost Card Liability: In the event of loss or theft of your Tata Neu HDFC Bank Credit Cards, you can promptly report it to the 24×7 customer care number.

Interest-Free Period: With your Tata Neu Plus HDFC Bank Credit Card, you can enjoy up to 50 days of interest-free period from the date of purchase.

Revolving Credit: This facility is available on your Tata Neu HDFC Bank Credit Cards at a nominal interest rate. For more details, please refer to the fees section.

Optimizing Cashback Benefits on the Tata Neu HDFC Credit Card

While the Tata new HDFC credit card offers an annual fee waiver of Rs 3 lakh/1 lakh spent, it might be more beneficial to focus on maximizing rewards in each category instead.  

Final Thought

Is this credit card the best choice for you? The Tata Neu Infinity Credit Card from HDFC Bank is an excellent option for avid shoppers, particularly those loyal to Tata brands. The card offers an outstanding reward rate, with Tata NeuCoins redeemable across various brands. Additionally, the airport lounge access provided at a nominal annual fee is a significant advantage. Approval is straightforward if you meet the basic eligibility requirements. If this card aligns with your needs, it is a strong choice.

Now that we’ve discussed the Tata Neu HDFC Bank Infinity Credit Card, let us know your thoughts and views in the comment section below!

Frequently Asked Questions

Disclaimer: The views and opinions expressed are solely those of the author and do not necessarily reflect the official policy or position of Finostry. The information provided in this review is for informational purposes only and should not be considered as professional advice.