Quick Answer: How Does HDFC Cash Back Work?

What is HDFC cashback?

HDFC MoneyBack Credit Card is suitable for shopping as cardholders get cashback in the form of reward points on their purchases.

The earned cashback can be utilised for further shopping or can also be converted into direct statement credit..

What is the value of HDFC reward points?

Value of 1 Reward Point in Rupees of All the BanksBank’s NameReward Point NameValue in RupeesHDFC Bank Credit CardReward PointsINR 0.30HDFC Bank Credit CardAll MilesINR 0.50ICICI Bank Credit CardPAYBACK PointsINR 0.25RBL Bank Credit CardReward PointsINR 0.255 more rows

What is HDFC 10x reward points?

HDFC 10X rewards is an accelerated rewards program that gets you 10X times more rewards than usual that you would get otherwise. The program has set of partners only through which you can get 10X rewards and not with every merchant.

How do you turn points into cash?

How to Redeem SBI Credit Card Reward Points?Step 1- Login to SBI Card portal using your customer ID and Password.Step 2- Go to the ‘Rewards’ section and click on ‘Redeem Rewards’.Step 3- Filter the Reward Points, City and Category.Step 4- Check the items on ‘Rewards Catalogue’and select one as per your choice.More items…•

How can I redeem HDFC cashback?

Log into to your NetBanking Portal/Account on HDFC Bank website. Then click on the ‘Enquire’ tab in the Debit Card section. Once you are taken to the next page, click on the ‘Cashback Enquiry and Redemption’ tab. Select the account number for which you want to redeem the points and Voila!

How does HDFC credit card cash back work?

Earn 2 Reward Points for every purchase worth ₹ 150. With the accumulated Reward Points, you can easily redeem them as CashBack against the outstanding amount on your Credit Card. … You can also redeem your Reward Points for exciting gifts, air miles and attractive offers from an all exclusive gifts catalogue of HDFC.

How does cash back offers work?

What is cashback? When you buy something, you get a percentage of the amount it cost paid back to you. This means cashback is a way of getting money off things you buy – think of it like a reward or incentive. It’s normally a feature of credit cards, but some current accounts also have cashback.

Can HDFC reward points be converted to cash?

Yes, you can convert your HDFC Bank credit card reward points to cash, but it is not available on all cards. … The amount will be added to your credit card account, which can be used to pay the outstanding principal. You must also remember that for each redemption, the bank charges a fee of Rs. 99.

Which is best credit card in HDFC?

Top 10 HDFC Credit Cards in India for 2020Credit CardAnnual Fee (in Rs.)Best Suited ForHDFC Regalia Credit Card2,500Shopping & TravelHDFC MoneyBack Credit Card500Rewards & ShoppingHDFC Millennia Credit Card1,000CashbackHDFC Titanium Times Credit Card500Movies & Dining6 more rows•Dec 24, 2020

How can I redeem my debit card cashback points?

Promotional Cashback PointsHow to Redeem-Through Netbanking : Login to netbanking>Cards>Debit Cards>Request>Cashback redemption>Cashback will be credited into account within 48 Hours.More items…

How do you use cash back on a credit card?

Make sure you can use the cash back how you want to. Check in the fine print to make sure you can receive the cash back in the form that you want. Many cards offer cash back as a statement credit, a gift card, or simply a check.