Using HDFC Bank Credit Cards for More Expenses from August 1

HDFC Bank credit card users must note that using credit cards for transactions will become a tad more expensive from August 1. The fee will be levied on all rental transactions made through third-party payment apps like CRED, Paytm, Mobikwik and Freecharge, with a cap of Rs 3,000 per transaction.

These new rules will go into effect on August 1. Additionally, education payments will become more expensive, as a 1 percent fee will now apply to payments made through third-party apps. However, there will be no fees for transactions made through college or school websites, their POS terminals, or for international education payments.

For fuel payments, if the amount is less than Rs 15,000 and made through HDFC Bank Credit Card, no additional charge will be levied. For payments exceeding Rs 15,000, a charge of 1 percent will be levied, capped at Rs 3,000 per transaction. For utility bill payments through HDFC Bank Credit Card, no additional charge will be levied for transactions below Rs 50,000. For payments above Rs 50,000, a charge of 1 percent will be levied, capped at Rs 3,000 per transaction. The late payment fee structure has been revised based on the outstanding amount, which will range from Rs 100 to Rs 300.

If you are a Tata Neu Infinity HDFC Bank Credit Card or Tata Neu Plus HDFC Bank Credit Card user, there are some important things you should know. From August 1, there will be significant changes in the cashback structure for UPI payments made using these credit cards.

Specifically, if you make UPI payments by linking these credit cards to the Tata Neu app, you will get enhanced benefits in the form of higher cashback rates or additional rewards. This change is aimed at encouraging users to use the Tata Neu app for transactions, thereby improving the app ecosystem and providing better value to its users.

On the other hand, if you choose to link your Tata Neu Infinity HDFC Bank or Tata Neu Plus HDFC Bank credit card with other UPI apps, you will get lesser benefits. This means that the cashback rates or rewards you earn will be lower compared to what you earn through the Tata Neu app. The alignment is aimed at driving users towards the Tata Neu app, probably as part of a broader strategy to consolidate user engagement and loyalty within the Tata Neu ecosystem.