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HDFC Bank will revise credit card terms from July 1, 2025, affecting gaming, wallet loading, utilities, rent, fuel, education, and reward points with new charges and caps.
HDFC Bank Millennia Credit Card: The latest changes primarily affect spending on gaming, wallet loading, utilities, rent, fuel, education, and reward points accumulation.
HDFC Bank has revised key terms and conditions for its credit card users, effective July 1, 2025. These changes primarily affect spending on gaming, wallet loading, utilities, rent, fuel, education, and reward points accumulation. Here’s a breakdown of the changes:
1. Charges Introduced on Online Gaming Spends
Current: No charge
Updated: 1% charge on skill-based online gaming spends above Rs 10,000/month
If you spend over Rs 10,000 a month on platforms like Dream11 or MPL, a 1% fee will be applied, capped at Rs 4,999 per month. These spends will not earn any reward points.
2. Charges Introduced on Wallet Loading
Current: No charge
Updated: 1% charge on wallet loads above Rs 10,000/month
Loading digital wallets like Paytm or Mobikwik using your credit card beyond Rs 10,000 in a month will now attract a 1% fee, also capped at Rs 4,999 per month. No reward points will be awarded on wallet top-ups.
3. Utility Payment Fee Cap Increased
Current: 1% fee above Rs 50,000 (consumer cards), capped at Rs 3,000/month
Updated: Cap increased to Rs 4,999/month
A 1% fee continues on high-value utility bills, but the maximum you could be charged has been raised to Rs 4,999 (previously Rs 3,000). Insurance payments remain excluded from utility charges.
4. Higher Cap on Rent Payment Fees
Current: 1% fee capped at Rs 3,000 per transaction
Updated: Cap raised to Rs 4,999 per transaction
All rent transactions will continue to attract a 1% charge, now with a higher cap of Rs 4,999 per transaction.
5. Fuel Surcharge Cap Increased
Current: 1% fee capped at Rs 3,000 per transaction for spends above Rs 15,000 (consumer cards)
Updated: Cap increased to Rs 4,999 per transaction
Fuel transactions over the threshold will still incur a 1% fee, but the maximum limit has been increased to Rs 4,999.
6. Higher Cap on Education Payment Fees
Current: 1% fee capped at Rs 3,000 per transaction
Updated: Cap raised to Rs 4,999
Education payments via third-party platforms continue to attract a 1% fee, but the maximum charge per transaction is now Rs 4,999. Direct payments to institutions remain exempt.
7. Monthly Limits on Reward Points for Insurance Spends
Reward points on insurance payments will now be tracked monthly, rather than daily:
| Card Type | Previous Limit | New Monthly Limit |
|---|---|---|
| Infinia / Infinia Metal | 5,000 pts/day | 10,000 pts/month |
| Diners Black / Biz Black Metal | 5,000 pts/day | 5,000 pts/month |
| All Other Cards | 2,000 pts/day | 2,000 pts/month |
Reward points on insurance payments will now be calculated on a monthly basis rather than daily. This change allows cardholders to group their insurance payments and still earn points within the updated monthly caps.
Meanwhile, no changes have been made to the existing reward point limits for Millennia, UPI, BIZ UPI, Swiggy, BIZ First, Paytm, Paytm Business, Easy EMI Millennia, Best Price Save Smart, and Bharat credit cards.
Marriott Bonvoy credit cardholders will continue to enjoy unlimited reward points on insurance transactions.
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More
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