HDFC Bank Doctor’s Superia Credit Card – Benefits, Fees & Eligibility

HDFC Bank Doctor’s Superia Credit Card

Introduction

The HDFC Bank Doctor’s Superia Credit Card is a reward-based card exclusively designed to complement the hectic life of doctors, offering accelerated reward points on various spends. It provides significant benefits for those who travel often, allowing reward points to be converted into AirMiles for over 20 international or any major domestic airline. Cardholders can also enjoy special dining perks with extra reward points and benefit from an insurance cover worth up to Rs. 20 Lakhs against professional negligence, securing them in unforeseen circumstances. The card comes with a joining and renewal fee of Rs. 1,000 plus GST, which can be waived based on annual spending.

Welcome Benefits

• Enjoy 1,000 Reward Points as a welcome benefit.
• This welcome benefit is subject to the payment of the joining fee.

Fees

• Joining Fee: Rs. 1,000 + GST
• Renewal Fee: Rs. 1,000 + GST
• Spend-Based Waiver: The annual membership fee of Rs. 1,000 can be waived if you spend Rs. 1 Lakh or more in the previous year.
• Rewards Redemption Fee: No specific rewards redemption fee is mentioned.
• Foreign Currency Markup: 3.5% on all international transactions.
• Interest Rates: 3.6% per month (equivalent to 43.2% per annum) on revolving credit.
• Fuel Surcharge: 1% fuel surcharge waiver at all fuel stations across India.
  • Applicable on transactions between ₹ 400 and ₹ 5,000.
  • Maximum waiver is capped at ₹ 250 per statement cycle.
• Cash Advance Charges: 2.5% of the amount withdrawn.
  • Subject to a minimum charge of Rs. 500.
• Add-on Card Fee: No add-on fee is charged for supplementary cards.

Rewards

• General Reward Rate: Earn 3 Reward Points for every Rs. 150 you spend.
  • Only retail purchases qualify for Reward Points.
  • Cash advance, fees, and other charges do not accrue any reward points.
  • Transaction amounts less than Rs. 150 will not accrue any Reward Points.
• Dining Benefits (Power Dining): Enjoy 50% more Reward Points when you dine out.
  • This benefit is offered only on transactions classified under the 'Restaurant' Merchant Category Code (MCC) as defined by VISA/MasterCard.
  • Merchant Category Codes classified under 'Hotel' categories will not qualify for 50% more Reward Points.
• Insurance:
  • Professional Indemnity Insurance: Protection worth up to Rs. 20 Lakh against costs arising due to professional negligence.
  • This policy covers:
    • Bodily injury and/or death of any patient caused by error, omission, or negligence in professional service rendered.
    • Legal costs and Defence expenses.
  • Coverage limits: Up to Rs. 4 Lakh for any one accident.
  • Deductible: Rs. 25,000 for each and every claim.
  • This benefit is applicable w.e.f. 1st September 2019.
• Zero Lost Card Liability: If you lose your card, report it immediately to the 24-hour call centre. After reporting the loss, you have zero liability on any fraudulent transactions made with your card.
• Interest Free Credit: Avail up to 50 interest free days from the date of purchase (subject to the submission of the charge by the Merchant).
• Renewal Benefit: Receive 1,000 Reward Points every time your HDFC Bank Doctor’s Superia Credit Card is renewed.
• Best Suited For: Dining, Shopping.

Rewards Redemption Guide

• AirMiles Conversion: Accumulate Reward Points and redeem them for air miles on more than 20 international airlines or any major domestic airline.
  • Conversion rate: 667 Reward Points = 100 AirMiles.
• Rewards Catalogue: You can also redeem your Reward Points for exciting gifts from an exclusive rewards catalogue.
• Redemption Process: Reward Points can be redeemed by logging in to your internet banking account via HDFC Bank’s official website.
• Reward Points Validity: Reward points are valid for 2 years from the date of accumulation. For example, if you receive reward points in May 2015, they will expire in May 2017.

Card Eligibility Criteria

• The applicant must be an Indian Doctor.
• For salaried doctors: The applicant must be between 21 to 60 years of age.
• For self-practicing doctors: The applicant must be between 21 to 65 years of age.

Card Review

The HDFC Bank Doctor’s Superia Credit Card is a comprehensive credit card solution tailored for doctors, offering a suite of features designed to enhance their lifestyle, especially in travel and dining. Its customized benefits make it a preferred choice for many medical professionals.

Pros

• The card has an affordable annual fee of Rs. 1,000.
• Bonus points are offered not just in the first year (welcome benefit) but every year on card renewal.
• Accelerated reward points are offered on dining spends, providing more value for restaurant transactions.
• No add-on fee is charged for supplementary cards.

Cons

• There is no free airport lounge access benefit with this card.
• The reward points conversion rate to AirMiles is relatively low (667 Reward Points = 100 AirMiles).

Who Should Apply

This card is ideal for Indian doctors, both salaried and self-practicing, who seek a credit card that offers robust reward benefits on everyday spending, especially dining, and provides significant insurance coverage against professional negligence. It's suitable for those who can leverage the AirMiles conversion feature for their travel needs.

Important Product Details

• Welcome benefit of 1,000 Reward Points.
• Renewal benefit of 1,000 Reward Points.
• Reward Points are redeemable against Airmiles for several Airlines.
• 50% more reward points are credited to your account on dining spends.
• Professional Indemnity Insurance coverage up to Rs. 20 Lakhs.
• Up to 50 interest free days from the date of purchase.
• 1% fuel surcharge waiver at all fuel stations across India.
• Zero Lost Card Liability ensures protection against fraudulent transactions after reporting card loss.

Other Details

• Revolving Credit: Enjoy Revolving Credit on your Credit Card at nominal interest rates.
• Goods and Services Tax (GST):
  • Effective 1st July 2017, GST at 18% replaced Service Tax, KKC & SBC of 15%.
  • The applicable GST depends on the place of provision (POP) and place of supply (POS). If POP and POS are in the same state, CGST and SGST/UTGST apply; otherwise, IGST applies.
  • GST for fee & charges / interest transactions billed on the statement date will reflect in the next month's statement.
  • GST levied will not be reversed on any dispute regarding fee & charges / interest.