How Many Types Of Credit Cards Are There In HDFC Bank?

How many types of credit cards are there?

There are seven major types (not including airline miles / frequent flier cards, which we’ll discuss a bit later).Cash back credit cards.

General reward points credit cards.

Hotel or travel points credit cards.

Retail rewards credit cards.

Gas cards with points or rebates..

What is the most powerful credit card?

American Express Centurion CardThe most exclusive credit card is the American Express Centurion Card, also known as the Amex Black Card. It is reportedly reserved for people who spend at least $100,000 per year, and an application is needed to apply.

Can I have 2 HDFC credit cards?

Trick to get 4 Credit Cards from HDFC Bank: To be more clear, Yes, you can have four credit cards “theoretically” as per CIBIL records. But, No, you can’t have 4 different HFC cards in reality.

What are the 2 types of credit?

The different types of credit There are three types of credit accounts: revolving, installment and open. One of the most common types of credit accounts, revolving credit is a line of credit that you can borrow from freely but that has a cap, known as a credit limit, on how much can be used at any given time.

What are the disadvantages of credit card?

Disadvantages of using credit cardsEstablished credit-worthiness needed before getting a credit card.Encouraging impulsive and unnecessary “wanted” purchases.High-interest rates if not paid in full by the due date.Annual fees for some credit cards – can become expensive over the years.Fee charged for late payments.More items…

How many types of credit cards are there in HDFC?

Best HDFC Credit Card OnlineHDFC Bank Credit CardsCategoryMonthly Interest ChargeDiners Club Premium CardPremium3.25%Doctors Superia CardPremium2.95%Freedom CardCashback, Rewards3.40%Infinia CardLifestyle, Premium, Rewards, Travel and Airline1.99%14 more rows

Which is best debit card in HDFC?

Jet Privilege HDFC Bank World Debit Card.EasyShop Platinum Debit Card.HDFC Bank Rewards Debit Card.Rupay Premium Debit Card.Millenia Debit Card.EasyShop Imperia Platinum Chip Debit Card.EasyShop Business Debit Card.EasyShop Woman’s Advantage Debit Card.

What are the 5 C’s of credit?

The system weighs five characteristics of the borrower and conditions of the loan, attempting to estimate the chance of default and, consequently, the risk of a financial loss for the lender. The five Cs of credit are character, capacity, capital, collateral, and conditions.

Which bank card is best?

Best Credit Cards Based on Top CategoriesCredit CardBest ForIndusInd Bank Platinum Credit CardLifetime Free CardIndianOil Citi Platinum Credit CardFuelAxis Bank Neo Credit CardCashback, Hotel, MoviesHDFC Bank Diners ClubMiles CardLounge Access9 more rows

What are 3 different types of credit cards?

There are three types of credit card accounts: bank-issued credit cards (such as Visa and MasterCard), store/priority cards (such as the Bay and Sears) and travel/entertainment cards, also called charge cards (such as American Express or Diner’s Club).

What is HDFC millennia debit card?

The HDFC Bank Millennia Debit Card is enabled for contactless payments, facilitating fast, convenient and secure payments at retail outlets. *To see if your Card is contactless, look for the contactless network symbol on your Card.

What are the four different types of credit cards?

The four major credit card networks are American Express (Amex), Discover, Mastercard, and Visa.

Which is the best HDFC credit card in India?

Top 10 HDFC Credit Cards in India for 2020Credit CardAnnual Fee (in Rs.)Best Suited ForHDFC Regalia Credit Card2,500Shopping & TravelHDFC MoneyBack Credit Card500Rewards & ShoppingHDFC Millennia Credit Card1,000CashbackHDFC Titanium Times Credit Card500Movies & Dining6 more rows•Dec 3, 2020

Is HDFC debit card free?

150 + applicable taxes. **For HNW Customers (Classic, Preferred & Imperia), the Debit Card will be free, as long as the customer is part of the respective program. For Corporate Salary customers, the charges will be as per corporate eligibility, as long as the customer is part of the respective corporate.

Is HDFC credit card free?

Lifetime Free Credit Card – Get Credit Cards with No Annual Fee | HDFC Bank.