Teachers Platinum Credit Card

• • Reward Points valid for 2 years from accumulation (standard). Infinia/Diners Black/BizBlack: 3 years. Easy EMI/PhonePe HDFC Bank Ultimo/Uno: 1 year. If card unused 365+ days, points nullified.
• • Redemption fee: ₹99

• 500 Reward Points on Teacher's Day (05th September) every year

Joining fee

₹500

Annual / renewal fee

₹500 plus GST annually

Annual fee waiver

Starting from February 15, 2019, with the Teachers Platinum Credit Card, if you spend ₹50,000 annually, you will receive a waiver on the annual fee for the following year

Add-on card fee

Up to 3 lifetime free Add-on Credit Cards

Interest rate

An interest rate of 3.49% per month will be applied to any outstanding balance carried beyond the due date indicated on the bill. Effective September 1, 2020, a monthly interest rate of 3.6% (equivalent to an annual rate of 43.2%) will be levied on any unpaid balance remaining beyond the bill's due date

Interest-free period

50 days

Cash advance fee

Transaction fee of 2.5% (Excluding Infinia, Infinia Metal Edition) or ₹500 whichever is higher on ATM withdrawals. Cash withdrawal limit: 40% of credit limit.

Overlimit fee

2.5% of overlimit amount subject to minimum of ₹550. Not applicable for Infinia, Infinia Metal Edition, PhonePe HDFC Bank Ultimo/Uno Credit Card (no overlimit facility).

Payment dishonour

2% of Payment amount subject to minimum of ₹450. Capping of ₹4999 for Infinia & Infinia Metal Credit Card. Applicable for cheque payment return or unsuccessful autopay.

Forex markup

3.5% on all foreign currency transactions

DCC markup

3.50%

Reward redemption

₹99 per redemption

Fuel surcharge

1% waiver, on ₹400–₹5000 txns, max ₹250/cycle

Card management via MyCards.