HDFC Bank
HDFC Bank Diners Club Black Credit Card
4.5 / 5diners
- Joining fee
- ₹10,000
- Annual fee
- ₹10,000
- Base reward
- 3.33%
- Min income
- ₹25,00,000/mo
- Forex markup
- 2%
- Interest p.a.
- 23.88%
Where it earns
| Category | Rate | Monthly cap |
|---|---|---|
| Everything else | 3.33% | Uncapped |
| Online shopping | 33.33% | Uncapped |
| Travel | 33.33% | Uncapped |
Benefits
- ▸Unlimited complimentary domestic & international airport lounge access at 1300+ lounges for primary and add-on members (Priority Pass)
- ▸6 complimentary golf games per quarter (up to 24 per year) at participating courses
- ▸2X Reward Points on weekend dining
- ▸Reward Points redeemable at up to Rs. 1/RP for flights, hotels and AirMiles via SmartBuy; ~Rs. 0.50/RP catalogue; ~Rs. 0.30/RP cashback
- ▸Lower 2% foreign currency markup versus standard 3.5%
The good
- + Unlimited domestic and international airport lounge access for primary and add-on members
- + High base reward rate of 5 RP per Rs. 150 (up to 3.33% at full RP value)
- + Up to 10X Reward Points on SmartBuy bookings
- + Up to 40,000 bonus Reward Points per year via quarterly spend milestones
- + Low 2% foreign currency markup and 1.99%/month finance charge
The catch
- − Very high income eligibility (ITR/income of Rs. 21-30 lakh+ per annum)
- − No fuel surcharge waiver
- − High Rs. 10,000 + GST joining and annual fee; waiver needs Rs. 8 lakh annual spend
- − Effective reward value drops sharply if points are redeemed for cashback (~Rs. 0.30/RP)
- − SmartBuy accelerated points are capped at ~10,000 RP per month