Category Archives: HDFC Bank

6E Rewards Ka-Ching credit cards by HDFC & Indigo

6E Rewards Ka-ching Banner

HDFC & Indigo airlines have launched 2 6E Rewards Ka-Ching credit cards. Ka-Ching??? what’s that? Well, HDFC Bank says it is the sound of cash. Okay, we will take their word for it. 😀  The Ka-Ching credit cards come in 2 variants, 6E Rewards, the base variant (annual fee INR700) and 6E Rewards XL the premium variant (annual fee INR2500).

Let’s see how good the Ka-Ching credit cards are and how they fare with other co-branded airline credit cards.

Forex Cards: Niyo Global vs Other Forex Cards

Forex Cards

Recently, a friend asked me about the best forex cards available in the market. Although I was sure that Niyo Global is the best forex card but just to convince him I did a data comparison on forex cards of major Indian banks.

While the concept of forex cards is simple and straightforward. Their only benefit is the ability to lock the exchange rate. However, banks seem to be making money at every step in this very simple product.

Best Credit Cards for Lounge access in 2020

Best Credit Cards for Lounge Access

I am usually very excited about air travel, maybe the child in me has not grown up yet :D. Apart from the flight, another exciting part of air travel is the airport lounge, where one can relax and grab something to eat and drink, free of course. :D. Well, to get free airport lounge access one needs to have right credit cards.

Here, I have made a detailed list of most credit cards that provide complimentary lounge access. . The post is divided into 2 parts, part one where I list the credit cards on the basis on free lounge access they provide. The second part is my thoughts on how to select the best credit card for lounge access.

Best Travel Credit Cards in India for 2020

Axis Bank Air Vistara Infinite

After writing on Air Vistara credit cards last week, I thought of figuring out the best travel credit cards available in India.  Simply because when we go on vacation or travel, the single largest expense is the flight cost.

While there are only 2 full-service domestic airlines in India that offer air-miles, the travel credit cards space has lot more choices thanks to few international airlines offering co-branded credit cards locally and few card issuers who allow conversion of reward points to air-miles of multiple airlines.

Of all the travel credit cards available in India, I have listed the best 5 cards below. For others, I have made a comparison table to indicate why they did not make the cut.

HDFC Diners Club credit cards – Review

HDFC Diners Club credit cards

It is a well-known fact that HDFC Diners Club offers the best rewards among all Indian credit cards. Their 10x program at present is unbeatable. Recently, HDFC launched a new credit card with Diners Club, the HDFC Diners Club Privilege. This card is a mix of Diners Club Black card and Diners Club Miles. Also, the bank has further enhanced the value proposition of its flagship, the HDFC Diners Club Black card.

Thus, this is an opportune time to compare all the Diners Club cards available here in India to see how they fare with each other.

Best super premium credit cards in India

HDFC Bank Infinia Credit Card

Banks offer a bouquet of credit cards suitable for a wide range of audiences, from entry level cards to super premium credit cards. Well, I did write about a few entry-level credit cards here, it’s now turn to look at the other extreme, the best super premium credit cards available in India.

Banks look to make their super premium credit cards an object of desire or a status symbol and as exclusive as possible. They start with making super premium credit cards available only to HNIs or select customers, high annual fee, high spending limit and exclusive or curated offers & experiences. Another common theme across all super premium credit cards is concierge service. While some concierge such as one from the Amex is way ahead of others, but nonetheless all banks will offer one.

Below is the list of top super premium credit cards available in India. I have ranked the credit cards based on reward points accrual based on a set template of annual spend. The template is spread over various categories, details in footnote.

Axis Flipkart – ICICI Amazon – HDFC Millennia cards comparison

With the launch of HDFC Millennia credit cards, all the top banks have launched cards targeting youth aka millennials. The target segment here is the customer base who tends to shop a lot more online on website such as Flipkart, Amazon, MMT, GoIbibo etc.  Thus, this makes it an apt time to compare the three cards i.e. Axis Flipkart, ICICI Amazon and HDFC Millennia card.

Comparison of Axis Flipkart, ICICI Amazon and HDFC Millennia cards

Axis Flipkart - ICICI Amazon - HDFC Millennia Credit Cards Comparison

Axis Flipkart – ICICI Amazon – HDFC Millennia cards Comparison

So which card is the best?

HDFC Millennia Credit Card: Review

HDFC Bank recently launched Millennia credit card targeting millennials of the country, however, the card is available to every Indian above the age of 21 max up to 60years. ? Millennia Card Image

Millennia card’s launch is an attempt to kill two birds with one stone

  1. Take on ICICI Amazon and Axis Flipkart cards which were launched recently also targeting millennials who prefer to spend online. While ICICI and Axis cards offer higher rewards points on one of the two major portals, HDFC is giving 5%  reward points on both of them. To read the comparison of these 3 cards click here
  2. This card fits well into the HDFC’s aspiration of doubling its credit card base to 25mn users from currently ~12.5mn.