|HDFC All Miles Credit Card Rating|
|Reward Points ★★★
Travel Benefits ★★
Annual Fee ★★
Offers & Discounts ★★
Additional Benefits ★★★
|Paisabazaar’s Rating ★★★|
HDFC All Miles Credit Card lets you earn reward points on every purchase you make. The accumulated points can then be converted to air miles, which can then be used to book flight tickets in the future. This card accelerates reward earning rate thereby facilitating redemption of rewards for air miles. If you are a frequent traveller, this card can be the right choice for you. Hence to make the decision a lot easier for you, we have given a detailed review of the card that will help to decide if this card suits your needs or not.
Key Highlights of HDFC All Miles Credit Card
Earn Reward Points on every transaction
Save as you travel, shop, dine and more with the HDFC All Miles Credit Card. Here’s what you get with this card-
●3 reward points for every Rs.150 you spend
●2X reward points on hotel bookings, mobile recharge, shopping etc
●Double reward points on transactions made via All Miles website
All the eligible retail transactions let you earn reward points on every purchase made. In this way, you can surely earn rewards at a faster pace. All the accumulated points can then be redeemed and further converted to air miles for future bookings. It can be said that the card is indeed offering decent reward points when compared to other similar cards.
Read more about HDFC Bank Credit Card Reward Points
With this card you can get 1% fuel surcharge waived off on all fuel transactions. For this-
- Minimum transaction of Rs.400 is required
- You can get a maximum cashback of Rs.500 per statement cycle
A majority of cards nowadays offer benefits of fuel surcharge waiver. However if you are exclusively looking for fuel benefits, you should look for other cards that prioritise fuel discounts.
Get your Annual Fee waived off
Just by spending Rs.15,000 within the first 90 days of your card opening, you can get your 1st year’s annual fee waived off. You have the option to renew your membership for free just by spending Rs.1 lakh in a year. This is one of the great benefits that this card provides you with.
Enjoy 50 days of interest-free credit
With this card you can enjoy 50 days of interest-free credit period. However interest rate of 3.49% will be charged on any outstanding amount carried beyond the bill due date.
Avail zero lost card liability facility
If your card is missing or has been stolen, you need to immediately contact your bank’s customer care for card blocking. Once you report the issue, you will not be held responsible for any unauthorized or fraudulent transactions made using your card.
Is Rs.1000 Annual Fee Justified?
Well it is true to say that if you compare the benefits that the card offers to other similar cards having the same annual fee, this card surely lacks behind. The reward points offered are good but fails to justify the Rs.1000 annual fee. However, for your reference we have listed below the other fees and charges related to this card.
|Primary Features||Fees / Charges|
|Interest Rate||3.49% per month (41.88% p.a.)|
|Rewards redemption fee||Rs.99 per request|
|Cash advance fee||Rs.2.5% of the amount withdrawn subject to a minimum of Rs.500|
|Late Payment Charges||Less than Rs.100: Nil
Rs.100 to Rs.500: 100
Rs.501 to Rs.5,000: Rs.500
Rs.5,001 to Rs.10,000: Rs.600
Rs.10,001 to Rs.25,000: Rs.800
Greater than Rs.25,000: Rs.950
|Minimum repayment amount||5% of the outstanding balance or Rs.200, whichever is higher|
|Reissue of Credit Card||Rs.100|
Should you go for this card?
The first question that will come to your mind will be whether you should or should not opt for this card. Hence for your convenience, we have laid down certain points that might help you decide whether this card is the best choice for you. The card is best for you if-
- You frequently book air tickets online
- You are more inclined towards earning reward points than availing cashback
- You are not looking for any category specific discount
- You are not interested in putting major expenses on your card
- You are not looking for any welcome bonuses
If the above listed points match your requirements, undoubtedly this card is best for you. If the card fails to match your needs, you can look for other similar rewards credit cards with more benefits and comparatively lower annual fee like American Express Membership Rewards, Citi Rewards Domestic and Standard Chartered Landmark Rewards
Limitations of HDFC All Miles Credit Card
Although the card provides certain benefits to you in the form of reward points and air miles, there are certain drawbacks attached to it. Some of the limitations of this card are-
- The reward points are not that great as compared to other HDFC Credit Cards.
- The annual fee is not justified in terms of what all benefits the card provides.
- There are no discounts on entertainment, shopping or movies.
- If you are a shopaholic, this card is definitely not the one for you.
- The card does not offer any milestone reward.
- No lounge access is provided by the card.
- It does not provide any exclusive discount on air ticket bookings.
Overall, this card is surely not amongst the best credit cards in the market. Although the card offers decent reward points, it still fails to justify the Rs.1000 annual fee. The card does fall behind to provide any category specific discount to you, however the air miles facility is an added advantage. You can surely go for this card if you are a frequent flyer however there are many cards that comparatively provide more benefits that too at the same annual fee.
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