Detailed Review: HDFC Bank Diners Club Black Credit Card
HDFC Bank Diners Club Black Credit Card
- Introduction
- What are the eligibility criteria for the card?
- What are the documents required for the card?
- Fees & Charges
- Benefits of the HDFC Bank Diners Club Black Credit Card
- Welcome Benefits
- Airport Lounge Access
- Milestone Benefits
- Insurance/Comprehensive Protection
- Fuel Surcharge Waiver
- Reward Point/CashBack Redemption
- Good Food Trail Program
- How to Use the Card in a Better Way
- Drawbacks of HDFC Bank Diners Club Black Credit Card
- Comparison to Other Cards
- Conclusion
- FAQs
Introduction
HDFC Bank Diners Club Black is a credit card that offers several benefits and features. It comes with many privileges such as unlimited golf games, complimentary airport lounge access, and much more.
This article will look at the HDFC Bank Diners Club Black Credit Card and its features to determine if it’s the right card for you.
What are the eligibility criteria for the card?
The HDFC Bank Diners Club Black Credit Card is a premium credit card that offers its cardholders a host of benefits and features. Some of the essential eligibility criteria for this credit card are as follows:
| Description | Eligibility Criteria |
|---|---|
| For Salaried Indian national | Age: Min 21 yrs & Max 60 yrs |
| Income: Net Monthly Income > Rs 1.75 Lakhs per month | |
| For Self Employed Indian national | Age: Min 21 yrs & Max 65 yrs |
| Income: ITR > Rs 21 Lakhs per annum for self-employed customers |
What are the documents required for the card?
To apply for the HDFC Bank Diners Club Black Credit Card, you will need to submit the following documents:
Fees & Charges
| Description | Fees & Charges |
|---|---|
| Joining Fee | Rs 10,000 + Applicable taxes |
| Renewal Fee | Rs 10,000 + Applicable taxes ( Spend Rs 5 Lakhs in 12 months to get fee waiver for the next year ) |
| Additional Card Fee | Lifetime Free |
| Charges on Revolving Credit | 1.99% per month i.e. 23.88% annually |
| Cash Advance Charges | 2.5% of amount withdrawn or Rs 500 whichever is higher |
| Railway Ticket Purchase Fee | 1% of the transaction amount + GST (Refer IRCTC website for detailed fee structure) |
| Card Validation charges - Lounge | Rs 2 and will not be reversed by the bank |
| Foreign Currency Transactions | 2% ( Currency conversion rate is applicable as on the date of settlement ) |
Benefits of the HDFC Bank Diners Club Black Credit Card
The HDFC Bank Diners Club Black Credit Card is one of India’s most prestigious credit cards.
It comes with many benefits that make it an ideal choice for high-spending individuals. Some of the key benefits of the card include:
HDFC Bank Diners Club Black Credit Card
- Complimentary access to airport lounges: The cardholder can enjoy complimentary access to over 850 airport lounges worldwide.
- Complimentary golf games: The cardholder can enjoy up to 4 complimentary green fees at select golf courses worldwide.
- Reward points: The cardholder can earn 5 reward points for every Rs. 150 spent on the card.
- Fuel surcharge waiver: The cardholder can avail of a fuel surcharge waiver of up to Rs. 500 per month.
- Cash advance: The cardholder can avail of a cash advance of up to 50% of the credit limit.
- Easy payment options: The cardholder can choose from various easy payment options such as auto-debit, ECS, and more.
Welcome Benefits
Apart from these regular benefits. HDFC card has one of the most exciting welcome benefits of any credit card in the Indian market.
Complimentary Annual Memberships
- Club Marriott
- Forbes
- Amazon Prime
- Zomato Pro
- MMT BLACK
- Times Prime
You can avail yourself of Complimentary Annual memberships of Club Marriott, Forbes, Amazon Prime, Zomato Pro, MMT BLACK and Times Prime by spending Rs 1.5 Lakhs within the first 90 days or upon first-year fee realization on your card.
With effect from 1st June 2023, Times Prime Smart membership will not be offered as an option for Welcome or Annual Benefits as the issuance of new Times Prime Smart memberships has been discontinued.
Airport Lounge Access
Key Feature
HDFC Bank Diners Club Black Credit Card gives unlimited Airport lounge access to 1000+ Lounges in India and worldwide for primary and add-on card members.
Milestone Benefits
HDFC Bank Diners Club Black Credit Cardholders have the option to choose 2 benefits after spending Rs. 80,000.
| Milestone Vouchers | Vouchers Value |
|---|---|
| Cult.fit Live 1-month membership | Rs 500 |
| BookMyShow vouchers | Rs 500 |
| TataCLiQ vouchers | Rs 500 |
| Ola Cabs vouchers | Rs 500 |
Insurance/Comprehensive Protection
Fuel Surcharge Waiver
There is a 1% fuel surcharge waiver for all transactions made at fuel stations across India.
This offer is applicable to transactions with a minimum amount of Rs 400 and a maximum cashback of Rs 1000 per statement cycle.
Reward Point/CashBack Redemption
Reward Point Accrual
How to earn Reward Point?
- Earn 5 Reward Points for every ₹150 retail spent.
- Get up to 10X Reward Points on SmartBuy purchases.
How to Redeem Reward Point?
| Reward Point Type | Reward Point Value |
|---|---|
| Flight Tickets Booking | Rs 1 |
| Hotels (Domestic & International) | Rs 1 |
Airmile Conversion
| Airmile Type | Airmile Value |
|---|---|
| InterMiles | 1 RP = 1 Airmile |
| Singapore Airlines (KrisFlyer Miles) | 1 RP = 1 Airmile |
| Club Vistara | 1 RP = 1 Airmile |
Please complete the frequent flyer registration before attempting Airmiles redemption in NetBanking.
In summary,
1 Reward Point equal to
| Reward Point Type | Reward Point Value |
|---|---|
| SmartBuy (Flights/Hotels) | Rs 1 |
| AirMiles | 1 AirMile |
| Product Catalogue (vouchers/products) | up to Rs 0.50 |
| Cash back | Rs 0.30 |
Good Food Trail Program
Get up to 25% savings on all restaurant bill payments via Swiggy Dineout (20k+ restaurants). This offer includes both Restaurant and Swiggy discounts and is valid for payments made only through the Swiggy App.
How to Use the Card in a Better Way
The HDFC Bank Diners Club Black Credit Card is a great way to earn rewards and save money on your everyday purchases. Why don’t we take a look?:
By following these tips, you can make the most out of your HDFC Bank Diners Club Black Credit Card and enjoy its benefits!
Drawbacks of HDFC Bank Diners Club Black Credit Card
HDFC Bank Diners Club Black Credit Card
- The joining fee is on the higher side.
- There is no provision for a joining fee waiver.
- Accepting a Diners Club card works fine in metro cities, but as you move to Tier -2 & 3 cities, you will face difficulties.
- Most of the online platforms support it ( few exceptions are there ). But, during offline transactions, you need to carry a backup card as most of the time, it would not work.
Comparison to Other Cards
The HDFC Bank Diners Club Black Credit Card definitely has some competition when it comes to high-end rewards credit cards. Like the American Express Platinum Card and the Citi Prestige Card, other cards offer similar rewards and perks. So, how does the HDFC Bank Diners Club Black Credit Card stack up?
The HDFC Bank Diners Club Black Credit Card offers a few unique benefits in terms of rewards.
- Cardholders earn 5 points for every Rs. 150 spent on dining, shopping, and travel. That’s a good return, especially if you spend a lot in those categories.
- Cardholders can earn up to 10% cash back on select merchants.
The HDFC Bank Diners Club Black Credit Card offers a few solid ones when it comes to perks. Cardholders get free access to over 600 airport lounges worldwide, significantly benefiting travellers.
Additionally, cardholders get complimentary hotel night stays and other travel discounts.
Overall, the HDFC Bank Diners Club Black Credit Card is a solid choice for people looking for a high-end rewards credit card. The card offers good rewards and perks, and it’s definitely worth it.
Conclusion
The HDFC Bank Diners Club Black Credit Card is a good choice for those who spend a lot on their credit card. It offers a high credit limit, rewards points, and a 0% intro APR on balance transfers and purchases. However, there is an annual fee, and the interest rate is on the high side.
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FAQs
What is the HDFC Bank Diners Club Black Credit Card?
The HDFC Bank Diners Club Black Credit Card is a reward credit card that offers users the ability to earn points on their everyday spending. Cardholders can redeem their points for various rewards, including travel, merchandise, and cash back. The card provides several other benefits, such as exclusive access to airport lounges and 24/7 concierge service.
How do I earn points with the HDFC Bank Diners Club Black Credit Card?
There is a facility to earn unlimited points with the card. You will earn 5 points for every Rs. 150 spent on the card, except for fuel purchases, which earn 1 point per Rs. 150 spent.
How do I redeem my points?
Points can be redeemed for various categories, including travel, merchandise, and cash back. You can redeem rewards for the travel category for flights, hotel stays, and more. Merchandise rewards can be redeemed for various items, including electronics, home goods, and more. Cash back rewards are credited directly to your credit card account.
Does the HDFC Bank Diners Club Black Credit Card have an annual fee?
Yes, the HDFC Bank Diners Club Black Credit Card has an annual fee of Rs 10,000 + Applicable taxes.
