Unlocking Financial Freedom: A Comprehensive Guide to HDFC Freedom Credit Card Benefits and Features

HDFC Freedom is a primary entry-level credit card that is aimed at new cardholders. It is a reward points-based card having low membership fees of INR 500 per year. The renewal charges can be reduced if there is an annual spending of INR 50,000 or more in the initial year. This card allows users to earn 10X reward points at select merchants. One of the greatest features is that it allows users to earn reward points on EMI spending that is generally not available for entry-level cardholders. It is a basic credit card with a low-interest rate of 0.99% for the first 90 days once the card gets activated.

Features and Benefits

Mentioned below are the features and benefits of applying for an HDFC Freedom Credit Card:

  1. Attractive Rewards:
  • Get 500 reward points on successful credit card payment of joining fees.
  • Get 1 reward point on every INR 150 spent.
  • Get 5X reward points on all expenditures on your birthday
  • Get 10X reward points on PayZap and SmartBUY spends
  • Get 5X reward points on movies, dining, groceries, railways, and taxi spending
  • Get 500 reward points on successful payment of renewal fees
  1. Fuel Surcharge Waiver:
  • Get a 1% fuel surcharge waiver on all transactions between INR 400 and INR 5000 capped up to a maximum of INR 250.
  1. Annual Expenditure Benefit:
  • Get gift vouchers worth INR 1000 on an annual expenditure of INR 90,000 and above.
  • Get a waiver of annual fees for next year on an expenditure of INR 60,000 or more.
  1. Interest Free Credit:
  • Get 50 days of interest-free period from the date of purchase.
  1. Contactless Technology:
  • Its feature of making contactless payments ensures faster and secure payments maximum payment of INR 2000 is allowed. 

Fees and Charges

Mentioned below are the fees and charges to apply for HDFC Freedom Credit Card:

Fees and ChargesAmount
Joining FeeINR 500
HDFC Freedom Credit Card Charges for RenewalINR 500
Interest Rate3.6% p.m. (43.2% p.a.)
Late PaymentLess than INR 100: Nil INR 100 to INR 500: INR 100 INR 501 to INR 5,000: INR 500 INR 5,001 to INR 10,000: INR 600 INR 10,001 to INR 25,00: INR 800 INR 25,001 to INR 50,000: INR 1,100 Over INR 50,000: INR 1,300

Eligibility Criteria

Mentioned below are the eligibility criteria for applying for the HDFC Freedom Credit Card:

  • An applicant shall be either Self-employed or a Salaried Employee.
ParticularsEligibility Criteria
In the case of salaried EmployeesThe minimum age of an applicant should be 21 years. The maximum age of an applicant should be 60 years. The minimum income in the case of salaried employees should be INR 12,000 p.m.
In the case of Self-Employed IndividualsThe minimum age of an applicant should be 21 years. The maximum age of an applicant should be 65 years. The minimum income in ITR in the case of self-employed applicants should be more than INR 6 lakhs p.a.

Documents Required

Mentioned below are the documents required to apply for HDFC Freedom Credit Card:

Proof of IdentityPAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI, or any other government-approved photo ID proof
Proof of AddressAadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government-approved address proof
Proof of IncomeLatest one or 2 salary slips (not more than 3 months old), Latest Form 16, Last 3 months’ bank statement

How to check the Application Status of an HDFC Freedom Credit Card?

There are many different ways available to check the application status of a credit card. However, below mentioned information should be kept readily available before checking the credit card application status:

  • Credit Card application number
  • Credit Card Reference Number (If applicable)
  • PAN Card/ Mobile Number
  • Date of Birth 

In previous times, credit cards used to be a novelty no one knew about the ways to track application status. But now things have changed as banks have gone digital, they have been able to track application status through advanced technology. Earlier if someone wanted to know the application status he had to chase a bank executive and do multiple visits to the bank. But nowadays, you can track your application status irrespective of your location without wasting time and energy. For example, if you want to check your HDFC Credit Card Application Status then you can check the same easily through any of the means below:

  • Via Net banking – The user has to open the official website of the bank, where he/ she can click on the option available i.e. “Track My Credit Card Application Status”. A form will then open requesting the user to enter the Credit Card Application/ Reference Number, Mobile Number, or Date of Birth/ PAN Card. Lastly, click on Check Credit Card Application status to know the current status of your credit card.

Once approved by the bank, the Bank dispatches the card to your registered mailing address within a couple of working days.

  • Through Bank’s Customer Care Representative – If you don’t want to check the application status online then offline method is available, in which you have to call Bank Representative. Provide your application number/ reference number, mobile number, and date of birth for identification purposes. Lastly, the representative will check the system for the current status and provide the same.

  • Via SMS Alerts – If you have registered yourself for SMS banking, then banking will send you an SMS when it will dispatch the credit card. You can get information about the delivery agent/courier and the Airway Bill (or Tracking) number. Once approved by the bank, it will send your credit card to your registered mailing address within a couple of days.
  • By visiting the nearest bank branch – One canvisit the nearest branch with his/ her card application number. The bank representative will check the status online and will tell you the card status. Most of the bank services and solutions have been designed and customized, keeping end customers in mind. In this era, we have a lot of bank branches that are easily accessible to everyone. So it’s a very good option as it is empowered with technology offering convenience, efficiency, and security.

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