Overview
HDFC and TATA recently launched TATA Neu Infinity Credit Card and an entry-level TATA NeuCard Plus Credit Card. This is a step by TATA to step up its eCommerce game of promoting its TATA Neu platform by providing lucrative credit card offers by tying up HDFC, which already has the largest number of credit card users in India. This co-branded card by TATA and HDFC is available on Visa and RuPay platforms.
Fees
| Joining Fees | Rs. 1499 + GST |
| Joining Bonus | 1499 Neu Coins |
| Renewal Fees | Rs. 1499 + GST |
| Renewal Benefit | NA |
| Renewal Fee Waiver Criteria | Annual spending of Rs. 3,00,000 |
When routed through the traditional offline route, this card will have a joining fee of Rs. 1499 + GST, but there are a few ongoing promotional offers for existing TATA Neu app users wherein this card can be availed First Year Free.
To avail of the joining bonus, a transaction must be made within 30 days of the HDFC TATA NeuCard Infinity Credit Card issuance.
Rewards
This card can be utilised fully when used on the TATA Neu super app, which has a list of the TATA group of companies giving an additional 5% reward in the form of Neu Coins. Apart from this, the card has a base reward point of 1.5% on all other transactions, excluding a few.
| Spend category | Rewards |
|---|---|
| Tata Neu Partner brands | 5% |
| Recharge and Utility bill payments through TATA Pay | 5% |
| All other spends | 1.5% |
| Excluded categories | Fuel, Wallet load, Smart EMI, Rental and Government transactions |
| Reward Redemption Charges | NIL |
Partner Brands: 1Mg, BigBasket, Croma, Air Asia, Tata Cliq, IHCL, Westside, Qmin, Tata Play and Cult
Usage from TATA Neu App gives 5% Neu Coins on all transactions irrespective of payment method. Payment through HDFC TATA Neu Infinity Credit Card would give an additional 5% Neu Coins.
Reward points are valid for one year from the date of the transaction.
There is no monthly capping on reward points earned.
Airport Lounges
Domestic: Eight (8) complimentary lounge access annually capped at 2 per quarter.
International: Four (4) complimentary lounge access capped at 1 per quarter.
Check lounge access in your existing cards from here
Benefits
- Forex Markup: 2% + GST
- Fuel surcharge waiver: 1% waiver for transactions between Rs. 500 to Rs. 4000. Maximum fuel surcharge waiver of Rs. 500 per statement. However, this would not give any reward points.
Application Process
As I was a frequent shopper of the Big Basket, thanks to IndusInd Bank’s Exclusive debit card that gives a flat 20% discount on purchases at Big Basket, I got an SMS that I am preapproved for TATA Neu Credit card with zero joining fees making my card first year free. On opening the link, available card variants, TATA Neu Plus or TATA Neu Infinity, were available to choose from.
I applied for HDFC TATA Neu Infinity Credit Card and, within no time, got an approval SMS.
HDFC bank sales executives are still unsure whether a customer can simultaneously possess an HDFC bank credit card. I already have HDFC bank diners black credit card, and TATA Neu Infinity Credit Card is my second active HDFC bank credit card. The limit in both cards would be shared.
Final Thoughts
HDFC TATA NeuCard Infinity Credit Card
Summary
Keeping aside TATA Neu app benefit of 10% on this credit card, this credit card categorised as premium gives a reward of a mere 1.5%, which currently most basic cards such as axis bank Flipkart credit card, axis bank Ace credit card gives happily. The card has skipped TATA partners that may have higher order value, such as Vistara, and Titan brands, such as Titan, Tanishq, Fastrack and Eyeplus. Tata insurance companies such as Tata AIG and Tata AIA are also missing. The card is only good when the spending of Rs. 25,000 per month on partner brands is done else SBI Cashback credit card, which already gives 5% on Amazon Vouchers, should be a wise choice over HDFC TATA NeuCard Infinity Credit Card.
Pro Tips for TATA Neu Infinity Credit Card
- This card, as of date, also gives Neu Coins on EMI transactions. Neu Coins would be calculated based on the EMI paid. This can be clubbed with HDFC Bank offers unless mentioned in the terms and conditions for excluding co-branded credit cards.
- The RuPay variant in HDFC TATA Neu Infinity Credit Card is RuPay select, the highest on the RuPay platform. The visa variant would e Visa Infinite, which can be easily obtained with an IDFC WOW! credit card with a fixed deposit of only Rs. 5000.
- Income eligibility criteria for this card is Rs. 1,00,00 per month and above, so when applying through SMS/email offer, only select TATA NeuCard Infinity Credit Card if your existing HDFC bank credit card variant is regalia and above.
I perhaps shall keep silent
🙂
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