Tata Neu Infinity HDFC Bank Credit Card (RuPay)

The Tata Neu Infinity HDFC Bank Credit Card (RuPay) is a premium co-branded offering specifically designed for individuals who frequently transact within the vast Tata ecosystem. Given its RuPay network affiliation, this card’s core unique selling proposition is the ability to link it to the Unified Payments Interface (UPI), allowing cardholders to earn rewards on low-value, day-to-day purchases via UPI that would otherwise typically not accrue points. 

It is particularly well-suited for users who: 

• Regularly shop on the Tata Neu App and partner brands such as bigbasket, Croma, Tata CLiQ, Tata 1mg, and IHCL (Taj Hotels). 

• Prioritise earning value on UPI spends at merchant outlets. 

• Seek complimentary airport lounge access, both domestically and internationally. 

• Are high spenders who can comfortably meet the ₹3,00,000$ annual spending threshold to secure the fee waiver. 

Overview 

• Global Acceptance: Cardholders can use the card at millions of merchant locations worldwide. 

• Zero Lost Card Liability: In the unfortunate event of the card being lost or stolen, cardholders have zero liability on any fraudulent transactions made on the Credit Card, provided the loss is immediately reported to the 24-hour call centre. 

• Revolving Credit: The facility for revolving credit is available, allowing cardholders to manage outstanding balances at a nominal interest rate, details of which can be found in the Schedule of Charges. 

• Contactless Payment: The card is enabled for contactless transactions, facilitating fast and secure payments. Contactless payments are permitted up to ₹5,000 without a PIN. 

• Insurance Benefits: The card includes several comprehensive insurance covers for enhanced security and protection: Accidental Air Death Cover worth ₹1 Crore, Emergency Overseas Hospitalisation up to ₹15 Lakh, and Lost Card Liability Cover up to ₹9 Lakh. 

Rewards and Benefits 

The card rewards cardholders with NeuCoins, where 1 NeuCoin is equivalent to ₹1 upon redemption across the Tata Neu ecosystem. 

Earning Cash Rewards 

• Up to 10% NeuCoins: Earn 10% value back as NeuCoins on eligible Non-EMI Spends on the Tata Neu App. This is inclusive of the 5% additional NeuCoins benefit provided via the NeuPass membership on selected categories. 

• 5% NeuCoins: Accumulate 5% back as NeuCoins on Non-EMI Retail Spends across partner Tata Brands. 

• 1.5% NeuCoins: Earn 1.5% back as NeuCoins on Non-Tata Brand Spends, as well as on any Merchant EMI Spends. 

• 1.5% NeuCoins on UPI Spends: Cardholders can earn 1.5% back as NeuCoins on eligible UPI transactions, including spends on partner Tata Brands.  

Redeeming Cash Rewards 

Cardholders can redeem their accumulated NeuCoins for a variety of options within the Tata ecosystem: 

• Tata Neu App/Website Purchases: Exchange points for products or services from partner brands such as Air India Express, bigbasket, Croma, Tata CLiQ, Tata 1mg, Qmin, and IHCL Hotels. 

Generous Welcome Bonus 

• NeuCoins Voucher: Cardholders receive 1,499 NeuCoins on the Tata Neu App as a reversal of the first year's membership fee. 

• Applicability: The benefit is applicable upon the first transaction being completed within 30 days of card issuance. 

Milestone Benefits 

• Annual Fee Waiver: The Renewal Fee of ₹1,499 + Applicable Taxes is automatically waived upon achieving a minimum annual spend of ₹3,00,000 or more in the year preceding the card renewal date. 

Fuel Surcharge Waiver 

• 1% Waiver: A 1% fuel surcharge waiver is available at all fuel stations across India. 

• Transaction Limits: The waiver applies to transactions between a minimum of ₹400 and a maximum of ₹5,000. 

• Maximum Benefit: The maximum waiver is capped at ₹500 per statement cycle. 

Disclaimer: The card features, benefits, application process, and other details mentioned above are accurate at the time of writing but may change without prior notice.