HDFC Bank Freedom Credit Card
A ₹500 card paying CashPoints worth ₹0.15 each: 10 per ₹200 at BigBasket, BookMyShow, OYO, Swiggy and Uber (up to 2,500 a month) and 1 per ₹200 elsewhere, with the fee waived on ₹50,000 of annual spend. Every figure below is copied from HDFC Bank’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Fees and charges
| Joining fee | ₹500 plus GST Product page |
|---|---|
| Annual fee | ₹500 plus GST Fee schedule |
| Annual fee waiver | On ₹50,000 of spend in the year Fee schedule |
| GST on fees | As applicable (18% assumed in calculations) |
| Foreign-currency markup | 3.5% of the transaction, plus GST Terms |
| Reward redemption fee | ₹50 plus GST MITC |
Rewards
Reward points, ₹0.15 each when redeemed as stated Terms.
| Spend | Earns | Cap |
|---|---|---|
| Swiggy (one of five 10X merchants: BigBasket, BookMyShow, OYO, Swiggy, Uber) | 10 points per ₹200 Terms | up to 2,500 points a month Terms |
| UPI spends on the RuPay variant | 1 point per ₹200 Terms | up to 500 points a month Terms |
| Other spends | 1 point per ₹200 Terms | no cap on record |
CashPoints accrue on multiples of ₹200; at most 15,000 a statement cycle, 1,000 a month on groceries and 2,000 a month on utilities. Statement-credit redemption needs at least 3,334 CashPoints and carries a ₹50 + GST fee.
No rewards on
Benefits
Also on this card
Quoted from HDFC Bank; not counted in the net value.
- 10 CashPoints per ₹200 at BigBasket, BookMyShow, OYO and Uber as well as Swiggy (2,500 a month in all) Terms
- 500 CashPoints each year the renewal fee is paid Terms
- 10% extra off on Swiggy Dineout with code HDFCCARDS Product page
Eligibility
- Age 21 or above Product page
- Salaried: age 60 or below Product page
- Self-employed: age 65 or below Product page
- Indian nationality Product page
- Salaried: net monthly income above ₹12,000 Product page
- Self-employed: income tax return above ₹6 lakh a year Product page
Not published by HDFC Bank in the documents read
- the card network of the standard (non-RuPay) Freedom card
- a lounge benefit
- a rupee value for the welcome CashPoints
Where HDFC Bank’s documents differ, and what is used
- Other spends: HDFC Bank's RuPay credit card page still says 1 CashPoint per ₹150 and 5X CashPoints on EMI spends; the card's terms of 15 May 2026 give 1 CashPoint per ₹200 and say the EMI feature was removed from 1 September 2024. The terms are used.
- Interest: the fees page says 3.49% a month; the terms give finance charges of 3.75% a month.
The quotes behind the figures
39 figures, each copied from an official HDFC Bank document.
Show every quote and source
“Joining/Renewal Membership Fee - ₹500/- + Applicable Taxes”
“If annual spending falls below ₹50,000, you can renew your card for a nominal fee of ₹500.”
“Spend ₹50,000 in a year to enjoy a waiver of the next year's annual membership fee.”
“If you make an International / Cross currency transaction, a 3.5% markup fee will be applicable.”
“The redemption against the statement balance will be at the rate of 1 CashPoint = 0.15, and can be done via Net Banking login, Phone Banking, or physical redemption form”
“Earn 10X CashPoints* i.e., 10 CashPoints per 200 spent on -- BigBasket, BookMyShow, OYO, Swiggy & Uber”
“The Cardholder can earn up to 2,500 CashPoints under the 10X CashPoints feature in a calendar month”
“For Rupay Credit Cardholders, all UPI spends ( Excluding fuel, Wallet / Prepaid Card loads or Voucher Purchases ) will earn 1 RP for every Rs.200 spent and is capped at 500 reward points in a calendar month.”
“Earn 1 CashPoint per 200 spent on other spends**”
“1 Reward Point for every ₹200 spent on other spends”
“Effective 1st September 2024, Wallet loading and Easy EMI transactions will NOT earn Reward Points. Wallet MCC: 6540”
“**Except Fuel, EMI, Rent payments, Govt Related Transactions and Wallet / Gift / Prepaid Card loads & Voucher Purchase transactions.”
“Effective 1st September 2024, Education payments made through third-party apps will NOT earn Reward Points. However, education payments made directly through college/school websites or their POS machines will earn Reward Points.”
“Spend over ₹50,000 in a year before renewal to get your Credit Card fee waived”
“CashPoints can also be used for redemption against travel benefits like Flight & Hotel bookings and Rewards Catalogue at the SmartBuy Rewards Portal, at a value of 1 CashPoint = 0.15”
“Effective 1st August 2024, if you redeem your rewards towards statement credit (CashBack), a 50 redemption fee will be charged.”
“The minimum CashPoints balance required for redemption against the statement balance is 3,334 CashPoints or equivalent of 500”
“Minimum transaction of 200 and multiples of 200 is considered for CashPoints posting”
“The maximum reward points that can be earned in a statement cycle is 15,000.”
“With effect from 1st January 2023, Reward points earned on Grocery transactions will be capped per month to 1,000 reward points”
“Effective 1st September 2024, Reward Points earned on Utility transactions will be capped at 2000 Reward Points per calendar month.”
“1% fuel surcharge waiver at all fuel stations across India (on minimum transaction of ₹400 & maximum transaction of ₹5,000. Maximum waiver of ₹250 per statement cycle)”
“Unredeemed CashPoints will expire/lapse after 2 years of accumulation”
“Earn 1 CashPoint for every ₹150 on other spends (excluding fuel, Wallet / Prepaid Card loads or Voucher Purchases).”
“Monthly interest rate of 3.49% will be charged for any outstanding amount beyond the bill due date”
“finance charges of 3.75% (per month) will be applicable from the transaction date till the outstanding balance is paid in full”
“g. Cashback Redemption Charges: A Processing fee of Rs. 50 + GST will be charged per cashback redemption request.”
“1% Fuel Surcharge waiver on fuel transactions (Minimum transaction of 400, Maximum transaction of 5,000 & Maximum waiver of 250 per statement cycle).”
“Welcome Benefit of 500 CashPoints will be given to the cardholder if the joining membership fee is paid”
“Renewal Benefit of 500 CashPoints will be given to the cardholder if the renewal membership fee is paid”
“10% additional discount on Swiggy Dineout using coupon code HDFCCARDS”
“Popular Freedom Credit Card”
“Age : Min 21 yrs. & Max 60 Yrs.”
“Age: Min 21 yrs. & Max 65 Yrs.”
“Indian nationality.”
“Income : Net Monthly Income> ₹12,000”
“Income: ITR > ₹6.0 Lakhs per annum”
“You can choose any of the following easy options to apply for your HDFC Bank Credit Card:”
“HDFC Bank Freedom RuPay Credit Card Freedom to take charge of your finances”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with HDFC Bank or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is HDFC Bank’s own file from its website, unaltered, fetched 2026-10-15. Methodology