By Bharti Bisht
Updated On September 3, 2022

After the removal of RBI’s ban, HDFC Bank is continuously adding new credit cards to its portfolio. After the Paytm and Emirates co-branded credit cards, the bank has now partnered with Tata Neu (under Tata Digital) and launched two co-branded credit cards named Tata Neu HDFC Bank Infinity Credit Card, and Tata Neu HDFC Plus Credit Card. The Infinity variant is the premium one and comes with a number of exclusive privileges across different categories. It comes with an annual fee of Rs. 1,499 and welcomes the cardholders with benefits of an equivalent monetary value. With a reward rate of up to 10%, it can be considered one of the best shopping credit cards available in the Indian market.

The benefits of this card are not only restricted to shopping, but you get exciting benefits across several different categories, including travel, insurance, lifestyle, etc. The cardholders get complimentary access to both domestic and international airport lounges. Along with that, you get an air accident insurance cover, card liability cover, and several other benefits with this card. For detailed information about the Tata Neu HDFC Bank Infinity Credit Card, its features, and fees & charges, keep reading:

(4.5/5)

Best Suited For

Shopping |

Joining Fee

Rs. 1,499

Reward Type

Cashback |

Product Details

  • Welcome bonus of 1,499 Neu Coins.
  • Get 10% NeuCoins on your spends on Tata Neu app.
  • Get 5% NeuCoins on Tata’s partner brands and 1.5% Neu coins on other spends.
  • Get complimentary domestic and international lounge access.
  • Low foreign currency markup fee of 2%.
  • 1% fuel surcharge waiver up to Rs. 500 per month.
  • Spend-based waiver of the renewal fee.

Rewards and Benefits

Welcome Benefits

1,499 NeuCoins as a welcome benefit

Movie & Dining

NA

Rewards Rate

10% cashback (in the form of Neucoins) on the Tata Neu app, 5% cashback on Tata partner brands, and 1.5% cashback elsewhere.

Reward Redemption

The earned Neu Coins can be redeemed against Tata partner brands on the tata Neu app at a rate of 1 Neu Coin = Re. 1.

Travel

Complimentary lounge access to domestic and international airport lounges.

Golf

NA

Domestic Lounge Access

8 complimentary domestic lounge access every calendar year

International Lounge Access

4 complimentary international lounge access each year

Insurance Benefits

Insurance cover worth Rs. 1 crore against air accident, cover worth Rs. 15 lakhs against emergency hospitalization, and lost card liability cover worth up to Rs. 9 lakhs.

Zero Liability Protection

The cardholders will not be liable against any fraudulent transactions made on a lost/stolen if they report the loss of their card within 48 hours.

Fees & Charges

Joining Fee

Rs. 1,499

Renewal Fee

Rs. 1,499

Spend based Waiver

The renewal fee is waived off on achieving annual spends of rs. 3 lakhs or more.

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

2% of the total conversion amount.

Interest Rates

3.49% per month, i.e, 41.88% per annum

Fuel Surcharge

1% fuel surcharge waiver for all fuel transactions between Rs. 400 and Rs. 5,000.

Cash Advance Charge

2.5% of the withdrawn amount, subject to a minimum fee of Rs. 500.

Add-on Card Fee

Nil

Tata Neu HDFC Bank Infinity Card Features and Benefits

The TataNeu Infinity Card is a co-branded shopping card recently launched by HDFC Bank in partnership with Tata Neu. With exciting shopping benefits, the card comes with several additional privileges such as complimentary lounge access, insurance cover against air accidents, etc. The detailed benefits and features of the Tata NeuCard Infinity are given below:

Welcome Benefits

  • The cardholders get 1,499 bonus Neu Coins as a welcome benefit, which is equivalent to the joining fee of this card.
  • In order to avail of this welcome benefit, the cardholders need to make at least one transaction using their Tata neu infinity Card within the first 30 days of card issuance.

Travel Benefits

The HDFC Tata Neu Infinity Credit Cardholders also get exciting travel benefits as follows:

  • 8 complimentary domestic lounge access every year (capped at 2 visits per quarter) with both Visa and RuPay variants of the cards.
  • 4 complimentary international lounge visits per year using a priority pass(capped at 1 per quarter) with the RuPay as well as the Visa variant. For all the lounge visits post the complimentary access, you will have to pay a usage fee of $27 per visit.

Insurance Benefits

The insurance benefits offered with the Tata Neu Infinity Card are as follows:

  • Get an insurance cover worth Rs. 1 Crore against accidental air death.
  • Get an emergency overseas hospitalization cover worth Rs. 15 lakhs.
  • Get a lost card liability cover worth Rs. 9 lakhs.

Spend-Based Waiver

The renewal fee of Rs. 1,499 is waived off if the cardholder achieves an annual spend of Rs. 3 lakhs or more in the previous anniversary year.

Fuel Surcharge Waiver

With the Tata Neu Infinity Card, you get a 1% fuel surcharge waiver on all fuel transactions worth Rs. 400 and Rs. 5,000. The maximum waiver is capped at Rs. 500 per statement cycle.

TataNeu Infinity HDFC Bank Credit Card Rewards

The HDFC TataNeu Credit Card Rewards you in the form of Tata Neu coins and the reward rates in different categories are as follows:

  • You get 10% NeuCoins on all purchases on the TataNeu app/website (including the 5% additional coins that you get by activating the Neu Pass).
  • You get 5% NeuCoins on partner Tata brands, including AirAsia India, Tata 1mg, Tata Cliq, Croma, cult.fit, Big Basket, Westside, IHCL, and a few more.
  • You get 1.5% NeuCoins on all other spends.
  • No NeuCoins are accrued on wallet reloads, fuel purchases, cash withdrawals, and EMI transactions.
  • The Neu Coins on rent payments are capped at Rs. 1,000 per month.

Reward Redemption

The Neu Coins earned using this credit card can be redeemed against the following brands via the TataNeu app/website:

  • AirAsia India, Bigbasket, Croma, Westside, Tata CLiQ, Tata CLiQ Luxury, Hotel Bookings/Purchases on IHCL, TATA 1MG, and Qmin.
  • The monetary value of 1 Neu Coin = Re. 1.

TataNeu Infinity HDFC Bank Credit Card Fees and Charges

Some of the important fees and charges associated with the HDFC Bank Tata Neu Infinity Credit Card are mentioned below:

  • The joining/annual membership fee of this credit card is Rs. 1,499. The renewal fee (second year onwards) is waived off if the cardholder spends Rs. 3 lakhs or more in the previous year.
  • The interest rate on this credit card is 3.49% per month, i.e, 41.88% per annualized.
  • The cash advance charges on the HDFC Tata Neu Infinity Card are 5% of the withdrawn amount or Rs. 500 (whichever is higher).
  • The foreign currency markup fee on this credit card is 3.5% of the total amount that has been spent in a foreign currency.

Tata Neu HDFC Bank Infinity Credit Card Eligibility Criteria

There are some basic eligibility requirements that you will have to fulfill in order to get approved for the HDFC Bank Tata Neu Infinity Credit card, which are as follows:

  • The age of the applicants should be between 21 years and 65 years.
  • For salaried employees, the minimum eligible income is Rs, 1 lakh per month.
  • For self-employed people, the minimum eligible income is Rs. 12 lakhs per annum.

Documents Required

The documents required to apply for the HDFC Tata Neu Credit Card are listed below:

  • You will have to submit identity proof, such as Aadhar Card, PAN Card, Voter’s Id, Passport, driving license, etc.
  • You also need to submit address proof, such as later utility bills, rent agreement, aadhar card, Passport, etc.
  • As income proof, you can submit the latest bank statements/salary slips, or the latest audited ITR in the case of self-employed people.

How To Apply For The Tata Neu HDFC Bank Infinity Credit Card?

You can apply for the Tata Neu HDFC Bank Infinity Credit Card online as well as offline at your convenience. To apply offline, visit the HDFC Bank branch nearest to you with all the required documents. After that, take the credit card application form from the bank officials, fill in the form carefully and submit it. To apply online, you will have to follow a few simple steps as mentioned below:

  • Visit the HDFC Bank’s official website.
  • Under the ‘Borrow’ section, click on the ‘Credit Cards’ option.
  • You will be redirected to a page where all the HDFC Credit Cards have been categorised based on their features.
  • Under the ‘Lifestyle’ category, select the Tata Neu Infinity Credit Card.
  • Click on apply now option under that.
  • Proceed further accordingly by filling in the digital application form and completing all other required formalities.

You can also apply for this card via the Tata Neu official website or app, where you will find an option to apply for it under the Finance section.

Bottom Line

The Tata Neu Infinity Credit Card offered by the HDFC Bank seems to be a very good option for shopping lovers, especially those who are loyal to the Tata brands. The reward rate offered with this card is really good and the earned Tata Neu coins are redeemable against various brands. The airport lounge access provided by the card at such a nominal annual fee is an additional advantage and this is something that might attract many individuals. You can easily get approved for it if you fulfill the basic eligibility requirements, so if it suits your requirements, you should definitely go for it.

This was the Tata Neu HDFC Bank Infinity Credit Card review from our side. Make sure to let us know your views on this in the comment section below!

FAQs:

The forex markup fee on this cerdit card is 2%, which is much lower than the average fee of 3.5% that is charged by most of the credit cards in the country.

To get 10% NeuCoins on your Tata Neu purchases, activate the Neu Pass on your Tata Neu account and make purchases using the Tata Neu Infinity Card.

Yes, you get 4 complimentary international lounge access (maximum of 1 per quarter) with this credit card.

To get approved for the HDFC Tata Neu Infinity Card, your annual income should be a minimum of Rs. 12 lakhs.

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