HDFC Bank Freedom Credit Card

Interest-free period

• Interest free (grace) credit period could range from 20 to 50 days, subject to the scheme and submission of claims by the merchant.
• Not applicable if previous month's balance is not cleared in full or if cash has been availed from ATM.

Verified · Key Fact Statement cum Most Important Terms & Conditions (MITC) - Freedom Credit Card · 2026-08-02 · source

Fuel surcharge waiver

• 1% Fuel Surcharge waiver on fuel transactions (Minimum transaction of ₹400, Maximum transaction of ₹5,000 & Maximum waiver of ₹250 per statement cycle).
• GST on fuel surcharge will not be reversed.

Verified · harvested from product page · 2026-08-02 · source

Milestone benefit

Renewal Benefit of 500 CashPoints given to the cardholder if the renewal membership fee is paid.

Verified · harvested from product page · 2026-08-02 · source

Redemption value

• CashPoints redeemable against statement balance (CashBack) at 1 CashPoint = ₹0.15.
• Minimum balance required for statement redemption is 3,334 CashPoints (equivalent of ₹500).
• Also redeemable for Flight & Hotel bookings and Rewards Catalogue on SmartBuy at 1 CashPoint = ₹0.15 (max 50% of booking value via CashPoints for flights/hotels).
• CashBack redemption fee: ₹50 per redemption (w.e.f 1st Aug 2024).
• Reward catalogue redemption handling charge: ₹99 + Taxes.
• Unredeemed CashPoints expire/lapse after 2 years of accumulation.

Verified · harvested from product page · 2026-08-02 · source

Reward cap

• 10X CashPoints capped at 2,500 CashPoints per calendar month.
• Maximum reward points that can be earned in a statement cycle is 15,000.
• Utility transactions capped at 2000 RP/month.
• Telecom & Cable capped at 2000 RP/month.
• Grocery transactions capped at 1,000 RP/month.
• UPI spends (RuPay) capped at 500 RP/month.

Verified · harvested from product page · 2026-08-02 · source

Reward exclusion

Verified · harvested from product page · 2026-08-02 · source