HDFC Bank is offering a complimentary upgrade to their Credit Cardholders who are alumni of select premier institutes in the country. Under this exclusive upgrade offer, alumni of select institutes who hold any of the HDFC Bank Credit Cards can get a complimentary upgrade to lifetime free HDFC Diners Club Black Credit Card.

HDFC Diners Club Black Alumni Offer lifetime free upgrade

Who Are Eligible?

This HDFC Diners Club upgrade offer is exclusive for HDFC Credit Cardholders (except obviously Diners Club Black Credit Cardholders), who are alumni of any of the following premier institutes in India-

IIM Calcutta FMS Delhi
IIM Bangalore Jamnalal Bajaj(JBIMS)
IIM Lucknow MDI Gurgaon
IIM Ahmedabad IIFT Delhi & Kol
IIM Ranchi SP Jain Mumbai
IIM Indore ISB Hyderabad & Mohali
IIM Shillong XLRI Jamshedpur
IIM Trichy NITIE Mumbai
IIM Raipur Symbiosis (SIBM) Pune
IIT Mumbai SCMHRD Pune
IIM Kozhikode IIT Delhi

and currently have a minimum monthly income of Rs. 1.75 lacs. Alumni of a few other premier institutes (not mentioned in the above list) are also eligible for the offer.

How Are Reward Points Transferred?

The Reward Points accumulated on the existing HDFC Credit Card are transferred to the upgraded HDFC Diners Club Black Credit Card on a pro-rata basis- with a certain deduction. The Reward Point transfer ratio of different HDFC credit cards to HDFC Diners club Black Credit Card is as per the following table-

Credit Cards Reward Points Transfered
HDFC Silver/Gold/Titanium/Titanium Edge/Platinum Edge/Platinum Credit Cards 10%
HDFC IOCL Credit Card 20%
HDFC Easy EMI/Millennia Credit Cards 100%
HDFC Visa Signature/Superia/Master Card World/ Freedom Credit Cards 15%
HDFC Diners Premium/Diners Club Miles/ Diners Privilege/ Regalia Credit Cards 50%
HDFC Moneyback/Solitaire/SolitairePremium Credit Cards 25%
HDFC Regalia First/DinersRewardz /All Miles Credit Cards 30%

For example, if the cardholder had, say, 20,000 Reward Points on their existing Diners Club Premium Credit Card, they will get only 10,000 Reward Points on their new upgraded HDFC Diners Club Black Credit Card- this is because the Reward Points on HDFC Diners Club Black Credit Card are worth twice the monetary value (approx.) of the Reward Points on HDFC Diners Club Premium Credit Card.

Bottom Line

HDFC Bank is the only card issuer in the country that issues Diners Club credit cards. Earlier also in 2019, HDFC came up with a very similar upgrade offer for alumni of select premier institutes in the country. The best part about this upgrade offer is that the cardholders not only get a complimentary upgrade along with the transfer of Reward Points (on a pro-rata basis), the new Diners Club Black Credit Card is issued as an LTF (lifetime free) credit card.

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