HDFC Bank Teachers Platinum Credit Card

Interest-free period

• Interest free (grace) period could range from 20 to 50 days, subject to the scheme applicable on the specific Credit Card 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 · MITC – Teachers Platinum Credit Card (Primary/Full version, v2.3 Nov 2024) · 2026-08-03 · source

Fuel surcharge waiver

• 1% fuel surcharge waiver, capped at ₹250 every billing cycle.
• Waiver for transactions between ₹400 and ₹5,000.
• Capped at 1% of eligible fuel transaction amounts.
• GST on fuel surcharge not reversed.

Verified · MITC – Teachers Platinum Credit Card (Primary/Full version, v2.3 Nov 2024) · 2026-08-03 · source

Milestone benefit

500 bonus reward points on Teacher's Day every year (threshold not stated on official source).

Verified · Teachers Platinum Credit Card product page · 2026-08-03 · source

Redemption value

• Rewards Redemption Fee: ₹99 per redemption request.
• Cashback Redemption Charges: ₹50 per cashback redemption.
• Reward Points/CashPoints are valid for only 2 years from the date of accumulation.
• For flight and hotel bookings on SmartBuy, up to a maximum of 50% of booking value can be redeemed through reward points.

Verified · MITC – Teachers Platinum Credit Card (Primary/Full version, v2.3 Nov 2024) · 2026-08-03 · source

Reward cap

• Fair Usage Policy (as of Oct'23): maximum reward points that can be earned in a statement cycle for TEACHERS is 15,000.
• Rent payments earn no reward points.
• Grocery transactions capped at 1,000 reward points per month.
• Insurance transactions capped at 2,000 reward points per day.
• Utility and telecom transactions each capped at 2,000 reward points per calendar month (w.e.f 1st September 2024).
• Credit card purchases via UPI earn up to a maximum of 500 points in a calendar month.

Verified · MITC – Teachers Platinum Credit Card (Primary/Full version, v2.3 Nov 2024) · 2026-08-03 · source

Reward exclusion

• Rent payments earn no reward points (all cards, w.e.f 1 Jan 2023).
• EasyEMI and e-wallet loading transactions do not accrue reward points.
• Reward points reversed if a retail transaction is converted to SmartEMI.
• No reward points if card not used for more than 365 days.
• Reward points earned on insurance transactions capped at 2000 per day.
• Reward points on grocery capped at 1000 per month.
• Utility and telecom capped at 2000 per calendar month each (w.e.f 1 Sep 2024).

Verified · MITC – Teachers Platinum Credit Card (Fees & Charges variant, v2.3 Nov 2024) · 2026-08-03 · source