HDFC Bank Platinum debit card is unarguably the most popular debit card from HDFC Bank. It comes at a joining and annual fee of ₹ 750+GST but is issued free for Classic, Preferred and Imperia banking customers. We get 0.5% to 1.% cashback on spends along with up to 10% cashback on SmartBuy spends. Read on to find out what makes the Platinum debit card popular.
Overview
- Joining Fee: ₹ 750+GST
- Annual Fee: ₹ 750+GST
- Issued free (without any annual fee) for Classic, Preferred and Imperia customers
- Payment Network: Visa, Mastercard
HDFC issues the Platinum DC in different variants – EasyShop Imperia Platinum Chip Debit Card, EasyShop Preferred Platinum Debit Card, Easyshop Classic Platinum Debit Card and EasyShop Platinum Debit Card. All of these variants have the same fee and reward structure.
How To Apply for HDFC Bank Platinum Debit Card
We can apply for HDFC Bank Platinum debit card from HDFC Bank Netbanking. The navigation is Cards -> Debit Cards -> Transact -> Debit Card Upgrade.
Cashback on Transactions
| Spend Category | Cashback |
|---|---|
| Shopping via PayZapp or SmartBuy | 5% |
| Telecom and Utilities | 1% |
| Groceries, Supermarkets, Restaurant, Apparels and Entertainment | 0.5% |
- Maximum cap on SmartBuy cashback is ₹ 1000/calendar month
- Maximum cashback per month for other spends is ₹ 750/calendar month
- Any other category transactions except the ones listed above will not get any cashback
The utilities category covers ALL spends done using the debit card on the ‘BillPay and Recharge’ facility on HDFC Bank Netbanking.
Cashback Redemption
Cashback can be redeemed from HDFC Bank Netbanking in multiples of Rs 250. The navigation to redeem is Cards –> Debit Cards –> Enquire –> Cash Back Enquiry and Redemption. Cashback is valid for 12 months from date of credit.
Smartbuy Rewards
SmartBuy has always been a key advantage for HDFC Bank credit cards. SmartBuy also supports accelerated cashback for debit cards like Millennia. The cap for SmartBuy cashback is ₹ 1000 per calendar month for Platinum debit card. If you have exhausted the SmartBuy cap on HDFC Bank credit cards, this is a good second option.
| Shopping Category | Cashback on Millennia Debit Card |
|---|---|
| IGP.com | 10% |
| Flights | 5% |
| Hotels | 5% |
| IRCTC | 5% |
| RedBus | 5% |
| Instant Vouchers | 5% |
| Apple Tresor | 5% |
| Zoom Car | 5% |
| Nykaa | 5% |
| Jockey | 10% |
| MMT Holiday Packages | 5% |
Complimentary Airport Lounge Access
- Domestic Airport Lounge Access: 8 visits/year capped to 2 visits/quarter
- Spend Requirements for Airport Lounge Access: Spend at least ₹ 5000 in the previous calendar quarter to get complimentary visits in the current calendar quarter.
Check this list of eligible airport lounges to get complimentary access on HDFC Bank Platinum debit card.
Final Thoughts and Platinum vs Millennia Debit Card
We can get upto Rs 1750 cashback per month on the Platinum debit including SmartBuy and regular cashback. This is higher than what we get on the Millennia debit card. But Millennia gets higher cashback per transaction and that too on all spends. On Platinum, we get it only for selected categories.
If you want a debit card gives you cashback on all categories then go for Millennia. Opt for Platinum debit card if there are more spends on HDFC Bank BillPay and Recharge facility. If you are an account holder with HDFC Bank, then there is no reason to choose any other debit card except Platinum and Millennia.
Frequently Asked Questions
HDFC Bank Platinum Debit Card
5 thoughts on “HDFC Bank Platinum Debit Card Review”
Preferred variant also has lounge access
Does hdfc visa platinum card have lounge access?
The card covered in this review is also a Visa Platinum card and has lounge access. What is the exact variant name you are looking at?
I am at airport ahmedabad at terminal 1 domestic ..and going for lounge as I have hdfc platinum card for breakfast but they told me this card is stop by bank …
Why you people not informed to your consumers…Pl reply. 9825279379
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