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HDFC Bank Equitas Elegance Credit Card

Visa

HDFC Bank Equitas Elegance Credit Card

The higher of HDFC Bank's two Equitas co-brand cards, Elegance targets Equitas customers wanting a credit limit above ₹2 lakh with stronger grocery and travel multipliers. Fees are still modest relative to HDFC's own mid-tier cards, but the card is only open to Equitas SFB customers.

Annual fee

₹1,000

Joining fee

₹1,000

Reward type

points

Base reward rate

1.33%

Card network

Visa

Card tier

Mid

Who this card fits

Best suited to applicants with a credit score of roughly 700+ whose spend is concentrated in groceries, travel. Its annual fee waives if you can comfortably clear the spend threshold.

Rewards & benefits

  • Rewards rate: 1.33% base rate

Benefits by category

  • 🛒 Groceries

    6.67% reward rate

  • ✈️ Travel

    2.67% reward rate

  • 🏨 Hotel

    2 reward points per ₹150 spent; 2x points on flights and hotels, 5x points on grocery, supermarket and department stores.

  • 🌍 Forex / international spend

    3.5% forex markup on international transactions

Eligibility

  • Minimum credit score: 700
  • Minimum monthly income: ₹25,000
  • Employment: salaried, self-employed
  • Age: 2160

Fees & charges

  • Spend-based waiver: Waived on annual spend of ₹2,00,000
  • Foreign currency markup: 3.5%
  • Interest rate: 3.75% p.a.

Benefits

  • 2 reward points per ₹150 spent; 2x points on flights and hotels, 5x points on grocery, supermarket and department stores.
  • 1,500 bonus points on ₹50,000 monthly spend; 10,000 bonus points on ₹5 lakh annual spend.
  • Joining fee waived on ₹50,000 spend within 90 days.

Pros

  • + 5x points on grocery and department-store spends
  • + Higher credit limit band than Excite
  • + Joining fee waiver reachable within 90 days

Cons

  • Only available to Equitas Small Finance Bank customers
  • 3.5% forex markup with no travel-card waiver
  • Interest rate on revolved balances is on the higher side
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