Credit cards are becoming a vital part of our financial life. They provide us with the ease of cashless transactions and various rewards like benefits, cashback, and discounts. The HDFC Tata Neu credit card, a co-branded card between HDFC Bank and Tata, is one such credit card. This article will review the HDFC Tata Neu credit card’s features, advantages, fees, and eligibility criteria.
WordPress Hosting- Table of Contents
What is HDFC Tata Neu Credit Card?
The HDFC Tata Neu Credit Card is a co-branded credit card issued by HDFC Bank in partnership with Tata Group. This credit card comes in two flavors: Tata Neu Plus HDFC Bank Credit Card and Tata Neu Infinity HDFC Bank Credit Card. This credit card is designed to cater to the needs of frequent shoppers who want to earn rewards for their spending. The card offers many benefits, including reward points, cashback, and discounts. The card offers various benefits such as reward points, fuel surcharge waivers, and dining, shopping, and travel discounts. It is specially designed for frequent shoppers and travelers.
| Key Highlights of Tata Neu HDFC Bank Credit Cards | ||
| Particulars | Tata Neu Plus HDFC Bank Credit Card | Tata Neu Infinity HDFC Bank Credit Card |
| Card Type | Entry-level | Mid-level |
| Best Suited for | Reward Points | Reward Points |
| Joining/Renewal Fee | Rs. 499 + Taxes- (Tata Neu App might give you an offer for 1st Year free or Lifetime free) | Rs. 1,499+Taxes(Tata Neu App might give you an offer for 1st Year free or Lifetime free) |
| Minimum Income Required | Salaried: Rs.25,000 p.m.Self-employed: ITR>Rs.6 lakh p.a. | Salaried: Rs. 1,00.000 p.m.Self-employed: ITR>Rs. 12 lakh p.a. |
| Best Feature | 2% back as NeuCoins on Non-EMI spends on Tata Neu and partner Tata brands | 5% back as NeuCoins on Non-EMI spends on Tata Neu and partner Tata brands |
| Welcome Benefits | Avail Rs. 499 NeuCoins on Tata Neu App (as the reversal of 1st-year membership fees) | Avail Rs. 1,499 NeuCoins on Tata Neu App (as the reversal of 1st-year membership fees) |
Who Should Apply for HDFC Tata Neu Credit Card?
For people who regularly spend money on restaurants, movies, grocery, and retail purchases, the HDFC Tata Neu Credit Card is a fantastic choice. It becomes better if you shop at any of Tata’s websites. The card provides attractive points and bonuses in these categories, making it an excellent choice for consumers looking for ways to maximize their spending. This card will give you rewards in the form of NeuCoin, which you can use on any of the below sites for redemption.
- AirAsia India
- Bigbasket
- Croma, Westside.
- Tata CLiQ, Tata CLiQ Luxury
- Hotel Bookings/Purchases on IHCL
- TATA 1MG
- Qmin
- Titan and Tanishq (only via Tata Neu)
The card comes in both RuPay and Visa association. At the application time you can choose which card you need.
How to Apply for the Tata Neu Credit Card
You can apply for Tata Neu Credit Card in multiple ways like Tata Neu App, HDFC Bank Website, or HDFC Bank Branch.
Benefits of the Tata Neu Credit Card
Rewards Program of the Tata Neu Credit Card
Both credit cards provide reward points like NeuPoints, where 1 NeuCoin equals Re 1. You may use your NeuCoins to buy products from top brands on the Tata Neu App/website. Refer to the table below for further information.
| Tata Neu Plus HDFC Bank Credit Card | Tata Neu Infinity HDFC Bank Credit Card |
| 2% back as NeuCoins on Non-EMI spends on Tata Neu and partner Tata brands | 5% back as NeuCoins on Non-EMI spends on Tata Neu and partner Tata brands |
| 1% back as NeuCoins on Non-Tata brand spends and any merchant EMI spends | 1.5% back as NeuCoins on Non-Tata brand spends and any merchant EMI spends |
| Additional 5% back as NeuCoins on transactions done on Tata Neu App/website, post downloading Tata Neu App, and registering for Tata NeuPass | Additional 5% back as NeuCoins on transactions done on Tata Neu App/Website, post downloading Tata Neu App and registering for Tata NeuPass |
Lounge Access Benefits of Tata Neu Credit Card
| Tata Neu Plus HDFC Bank Credit Card | Tata Neu Infinity HDFC Bank Credit Card |
| 4 Complimentary Domestic Lounge Access per calendar year | 8 Complimentary Domestic Lounge Access per calendar year (2 in a quarter). |
| No International Lounge Access | 4 Complimentary Lounge Access per calendar year (1 per Quarter) |
Insurance Benefits of Tata Neu Credit Card
This Insurance benefits only come with Tata Neu Inifity Credit Card. Below are the benefits.
- Accidental air death cover worth ₹1 Crore
- Emergency overseas hospitalization: up to ₹15 lakhs
- Lost Card Liability Cover: Up to ₹9 lakhs
Fees and Charges Associated with the Tata Neu Credit Card
The HDFC Tata Neu credit card comes with some fees as alike other cards. Lets look at them one by one:
- Joining Fee: The card comes with a joining fee of Rs. 499 and 1499, But if you are a regular user of the Tata Neu App, you might get the 1st Year Fee Waiver Offer on the card, and In that case, you might not need to pay this charge. But even if you pay this charge, You will get it back once you spend using the card in 30 days of card activation in and this you can claim in Tata Neu apps.
- Renewal Fee: The card comes with a yearly fee of Rs. 499 and 1499, But if you are a regular user of the Tata Neu App, you Might get a lifetime free card, and in that case, this card will always be free to you. Again, the annual fee will be waived if the cardholder spends Rs. 1,00,000 and Rs. 3,00,000 for Plus and Infinity cards respectively.
- Finance Charges: Finance charges apply if the outstanding cash is not paid in full by the due date. Finance rates range from 1.99% to 3.5% each month, depending on the amount owed.
- Late Payment Fee: If the minimum amount due is not paid by on the due date, late payment fee is charged. The fee varies from Rs. 100 to Rs. 1300, depending on the outstanding amount.
- Over-Limit Fee: If the credit limit is exceeded, an over-limit fee is charged. The fee varies from Rs. 500 to Rs. 1,000, depending on the outstanding amount.
- Cash Advance Fee: A cash advance fee is charged if the cardholder withdraws cash using the credit card. The fee is 2.5% of the amount withdrawn, subject to a minimum of Rs. 500.
- You can find all the details about charges here: Click Here
Tata Neu Credit Card Customer Service and Support
You can connect to HDFC Card customer care. You can visit https://www.hdfcbank.com/personal/need-help/customer-care anytime to see the contact details.
Tata Neu Credit Card Security Features
You can have all the card controls in Tata Neu App. Below are the card controls which you can use from Tata Neu App
- Domestic and Internation Online and Offline Limit
- ATM Withdrawal Limit
- Contactless Payment Enablement and Limit
Conclusion
In conclusion, the HDFC Tata Neu credit card offers many features and benefits, making it an attractive choice for customers. The card provides welcome benefits, a rewards program, a fuel surcharge waiver, contactless payment, airport lounge access, discounts on dining, and insurance coverage. The card has no annual charge, making it an affordable option for clients. However, there are other fees and charges associated with the card. The user must meet certain eligibility criteria to be eligible for the card.
Thus, the HDFC Tata Neu credit card is a great option for those searching for a credit card that provides a variety of advantages at a low rate. Our Verdict for this card is Yes. If you want, apply using the below link.
Tata Neu Credit Card FAQs
What is HDFC Tata Neu Credit Card?
The HDFC Tata Neu Credit Card is a co-branded credit card provided by HDFC Bank in collaboration with the Tata Group.
How can I apply for HDFC Tata Neu Credit Card?
You can apply for HDFC Tata Neu Credit Card through the Tata Neu App, Tata Digital Website, Hdfc Website and HDFC Branch.
What are the annual fees and charges for HDFC Tata Neu Credit Card?
The annual fee for HDFC Tata Neu Plus Credit Card is Rs. 499, and HDFC Tata Neu Infinity Credit Card is 1499. However, the annual fee will be waived if the cardholder spends Rs. 1,00,000 and Rs. 3,00,000 for Plus and Infinity cards respectively.
What should I do if I lose my HDFC Tata Neu Credit Card?
If you lose your HDFC Tata Neu Credit Card, you should immediately inform the bank and request a card replacement.
What is the credit limit for HDFC Tata Neu Credit Card?
The credit limit for HDFC Tata Neu Credit Card is determined based on the individual’s credit score, income, and credit history.