HDFC Bank has launched attractive limited-time rewards across several high-value spending categories. This promotion delivers enhanced reward points on select apparel, jewellery and insurance purchases, making it a worthwhile opportunity for cardholders who plan larger transactions.
Offer Details
- Apparel / Jewellery: 5X reward points on eligible transactions (minimum transaction value: Rs. 5,000; maximum cap: 1,000 reward points)
- Insurance spends: 5X reward points on eligible insurance purchases (overall eligible spend: Rs. 20,000; maximum cap: 2,000 reward points)
- Offer period: 19th December 2020 – 31st January 2021
Cardholders of premium HDFC credit cards such as Diners Black or Infinia can benefit significantly from this promotion. For these cards, earning 5X rewards can translate into roughly a 16.5% effective return on qualifying spend, depending on how reward points are valued and redeemed.
The offer covers a range of high-value purchases, so it is particularly useful if you have planned apparel, jewellery or insurance expenses during the promotional window. Note the minimum transaction requirement for apparel and jewellery and the maximum rewards caps to calculate potential gains before making a purchase.
If you’re eligible and expect to meet the thresholds, consider using your HDFC card for these categories within the promotion dates to maximise your rewards.
Are you using the 5X rewards offer on your HDFC credit card? Share your experiences or tips in the comments below.