InterMiles HDFC Bank Platinum Credit Card – Benefits, Fees & Eligibility

InterMiles HDFC Bank Platinum Credit Card

Introduction

The InterMiles HDFC Bank Platinum Credit Card is a co-branded travel and lifestyle credit card issued by HDFC Bank in partnership with InterMiles.com. Designed primarily for travelers, it allows cardholders to earn InterMiles on various spends, which can then be redeemed for flight and hotel bookings. This card offers substantial welcome benefits including bonus InterMiles and discount vouchers for flights and hotels. It also provides complimentary domestic lounge access, exclusive dining benefits, and the opportunity to waive off the renewal fee based on annual spending. The new features and the InterMiles program became applicable from September 25, 2020, replacing the former JPMiles.

Welcome Benefits

• Embark on your journey of privileges by availing up to 3,000 Bonus InterMiles.
• 1,500 InterMiles upon spending Rs. 3,000 within the first 30 days of card setup.
• 1,500 InterMiles on total retail spends of Rs. 50,000 and above, within the first 90 days.
• Rs. 500 Flight Discount vouchers for the first year.
• Rs. 1,000 Hotel Discount vouchers for the first year.
• *Note: These discount vouchers are only applicable upon the realization of the membership fee.

Fees

• Joining Fee: Rs. 1,000 + GST.
• Renewal Fee: Rs. 1,000 + GST.
• Spend-Based Waiver: The renewal fee can be waived off if you spend Rs. 2.5 Lakhs or more on your InterMiles HDFC Bank Platinum Credit Card within 12 months of the Card setup date or within 12 months of the Card renewal date.
  • *Note: In case of a fee waiver, the member will not receive Flight/Hotel discount vouchers.
• Rental Transaction Fee: 1% fee will be applicable on rental transactions from the second rental transaction of the calendar month.
• Dynamic Currency Conversion (DCC) Markup: 1% mark-up will be applicable on DCC transactions.
• Foreign Currency Markup: 3.5% (plus applicable taxes).
• Interest Rates: 3.6% per month (or 43.2% annually). This rate became effective from September 1, 2020.
• Fuel Surcharge Waiver:
  • 1% fuel surcharge waiver at all fuel stations across India.
  • Applicable on a minimum transaction of ₹400.
  • Waiver capped at ₹250 every billing cycle.
  • GST charges on fuel surcharge are non-refundable.
• Cash Advance Charges: 2.5% of the amount withdrawn or Rs. 500, whichever is higher.

Rewards

• InterMiles Accrual Programme

  • Earn 4 InterMiles on every Rs. 150 spent on retail transactions.
  • Earn 8 InterMiles on every Rs. 150 spent on flight tickets booked on https://flights.intermiles.com.
  • Earn 8 InterMiles on every Rs. 150 spent on hotel bookings made on https://interbook.intermiles.com/.
  • Only retail purchases above Rs. 150 qualify for InterMiles.
  • Cash advance, fuel transactions, fees, and other charges do not accrue any InterMiles.
  • EasyEMI and e-wallet loading transactions will not accrue InterMiles.
  • InterMiles accrued will be reversed if a retail transaction is converted into SmartEMI.
  • InterMiles accrued for Insurance transactions will have a maximum cap of 2,000 per Day.
  • Grocery transactions have a capping of 1,000 InterMiles (Reward Points) in a month.

• Renewal Benefits

  • Continue the exciting journey with 1,500 InterMiles upon spending Rs. 3,000 within the first 30 days of the Anniversary date.
  • Rs. 500 Flight Discount voucher.
  • Rs. 1,000 Hotel Discount voucher.
  • *Note: These Renewal benefits are only applicable upon the realization of the membership fee.

• Travel

  • Domestic Lounge Program:
    • Avail 8 complimentary visits per year (2 per quarter) to select lounges at airports in India.
    • Accessible through the VISA Lounge Program or MasterCard Lounge Program.
    • Present your InterMiles HDFC Bank Platinum Credit Card along with your Boarding Pass for access.
    • Lounges might charge a nominal fee for card validation depending on the network program.
  • Privileges on Etihad Airways:
    • Avail 5% discount on Etihad Airways Economy class tickets booked on http://flights.intermiles.com.
    • Earn 2.5X InterMiles for Etihad Airways tickets booked on https://flights.intermiles.com.

• Dining

  • Save up to 20% on dining bills paid through Dineout Pay via your InterMiles HDFC Bank Platinum Credit Card. This includes a 15% Dineout Discount + an Additional 5% HDFC Bank Discount.
  • Maximum discount per transaction capped at Rs. 1,000.
  • Maximum discount per customer per month capped at Rs. 1,000.

Rewards Redemption Guide

• The InterMiles earned can be redeemed via www.InterMiles.com.
• InterMiles are primarily redeemable against flight and hotel bookings made through intermiles.com.
• InterMiles once credited to the customer’s InterMiles account cannot be converted to Reward Points.

Card Eligibility Criteria

• For Salaried Indian Nationals

  • Age: Minimum 21 years and Maximum 60 years.
  • Net Monthly Income: Greater than Rs. 30,000.

• For Self-Employed Indian Nationals

  • Age: Minimum 21 years and Maximum 65 years.
  • Income: Income Tax Return (ITR) greater than Rs. 6 Lakhs per annum.

Card Review

The InterMiles HDFC Bank Platinum Credit Card is highly beneficial for travelers, offering complimentary lounge access and exciting offers on hotel and flight bookings. With InterMiles earnings on retail transactions, attractive dining offers, and decent welcome and renewal benefits, it stands as a good choice. The card comes with an affordable annual fee that can also be waived off by achieving the stipulated milestone spend. It is a suitable option for individuals seeking significant travel benefits combined with dining perks. If these features align with your needs, this credit card is a recommended option.

Important Product Details

• This is a Travel and Lifestyle credit card.
• Offers welcome benefits of up to 3,000 InterMiles and discount vouchers for hotel and flight bookings.
• Provides 4 InterMiles on every Rs. 150 spent on retail purchases, and 8 InterMiles for every Rs. 150 spent on booking flights and hotels through the InterMiles website.
• Includes complimentary domestic lounge visits (8 per year, 2 per quarter) via the VISA or MasterCard Lounge Program.
• Allows for a spend-based waiver of the annual renewal fee by spending Rs. 2.5 Lakhs annually.
• Effective January 1, 2023, there will be capping on rewards offerings for certain payments made using InterMiles Credit Cards.
• Grocery transactions have a capping of 1,000 InterMiles (Reward Points) in a month.
• Offers up to 50 days of interest-free credit period from the date of purchase (subject to the submission of the charge by the Merchant).
• Provides zero liability on lost cards if the loss is reported immediately to the 24-hour call center.
• You can avail up to 3 Add-on Cards for your immediate family members (over 18 years).
  • *Note: All card features on the InterMiles HDFC Bank Credit Card are applicable for the Primary Card Holder only and are not applicable for Add-On Card Holders.

Other Details

• The InterMiles HDFC Bank Co-brand Credit Card program introduced new features effective September 25, 2020.
• Upon renewal, existing MasterCard variants of the card will be issued on the VISA franchisee (effective for card renewals from October 1, 2017).
• For a seamless experience, kindly ensure your contact details are updated in the Bank records at all times.
• The card facilitates safe and secure transactions; you can DIP your Chip Card at any Chip-enabled POS or swipe your Card at any non-chip POS.