All cards / HDFC Bank
HDFC Freedom Card
An entry-level card for first-time cardholders — a low, easily-waived ₹500 annual fee and strong 10X accelerated rewards on a handful of popular apps, but a low 1 CashPoint/₹150 base rate elsewhere and an above-average forex markup.
Rates and fees last verified 19 July 2026.
Annual fee
₹500
Joining fee
₹500
Reward type
cashback
Base reward rate
0.67%
Card network
Visa
Card tier
Entry
Reward rates by category
- Other6.67% (capped ₹3,750/monthly)
Eligibility
- Minimum credit score: 650
- Minimum monthly income: ₹12,000
- Employment: salaried, self-employed
- Age: 21–60
Benefits
- 1% fuel surcharge waiver on transactions of ₹400–₹5,000, capped at ₹250/statement cycle
- 10X CashPoints (10 CashPoints per ₹150) on BigBasket, BookMyShow, OYO, Swiggy and Uber, capped at 2,500 bonus points/month
- 5X CashPoints on EMI spends at merchant locations
- Up to 15% discount at partner restaurants via Dineout
Pros
- + Low, easily-waived annual fee (₹50,000 spend or ₹500 renewal)
- + 10X CashPoints on BigBasket, Swiggy, Uber, OYO, BookMyShow
- + Accessible income eligibility for first-time applicants
Cons
- − Low 0.67% base reward rate outside bonus categories
- − Above-average 3.5% forex markup
Applying takes you to HDFC Bank's site. We may earn a commission if you're approved — see our disclaimer. Final terms and approval are solely at the issuer's discretion.