Tata Neu Plus HDFC Bank
Annual Fee
₹499
Rewards/₹100 ⓘ
₹1.00 - ₹4.00
Normalized to balance base rate with bonus categories
Interest Rate
42.00%
Credit Score
700+
Quick Details
Annual Fee
₹499
#75
Joining Fee
₹499
#78
Interest Rate
42.00% p.a.
#108
Forex Markup
3.50%
#75
Rewards/₹100
₹1.00 - ₹4.00
#37
Reward Type Reward Points
Reward Currency Points
Domestic Lounge Visits
2/year
#92
Min Credit Score
700+
#54
Min Monthly Income ₹25
Network RUPAY
Late Payment Fee
Cash Advance Fee 2.50% (min ₹500)
Fee Waiver on Spend ₹1,00,000/yr
Reward Structure
Base
All Spends
₹1.00 /₹100
Partner
Tata Neu Transactions
₹2.00 /₹100
Partner
Select Tata Neu (with Neu Pass)
₹7.00 /₹100
Cat
UPI Spends
₹1.00 /₹100
Reward Calculator
₹
Allocate by Category100%
Your Rewards
Points Earned1,355
Cash Value₹1,355
Breakdown
Tata Neu Transactions400
Select Tata Neu (with Neu Pass)875
UPI Spends5
Other Spends75
Total Value₹1,355
Quick amounts:
Milestone Benefits
Welcome Bonus
499 NeuCoins on first transaction within 30 days of card issuance
₹499
value
Airport Lounge Access
Domestic Free
2
visits per quarter
Lounge voucher on Rs 50,000+ spend in calendar quarter.
Insurance Coverage
Lost Card
₹0
Zero liability.
Fraud
₹0
Zero liability.
Quick Analysis
Tata Neu Plus HDFC Bank Credit Card is an affordable entry into the Tata ecosystem with up to 7% value back on Tata purchases. Ideal for budget-conscious Tata shoppers with low fee waiver threshold.
Pros
- Up to 7% NeuCoins on select Tata Neu purchases with Neu Pass
- 2% NeuCoins on Tata Neu transactions
- 1% NeuCoins on all other spends
- 1 NeuCoin = Rs 1 (excellent redemption value)
- RuPay variant available for UPI credit card
- Low joining/annual fee of Rs 499
- Fee waiver at just Rs 1L annual spend
- 1% fuel surcharge waiver (capped Rs 250/cycle)
- Welcome benefit of 499 NeuCoins offsets joining fee
- NeuCoins redeemable across Tata brands (BigBasket, Air India, etc.)
- Earn on UPI spends (up to 500 NeuCoins/month)
Cons
- Higher forex markup of 3.5%
- No international lounge access
- Domestic lounge requires Rs 50K quarterly spend
- Grocery NeuCoins capped at 1,000/month
- Utility/Telecom NeuCoins capped at 2,000/month each
- No rewards on fuel, rent, govt, EMI transactions
- NeuCoins expire in 12 months
- Lower reward rates than Infinity variant
Best For
Budget Tata ecosystem users, BigBasket shoppers, entry-level card seekers
Not Ideal For
International travelers, premium seekers, high spenders
Frequently Asked Questions
What are the fees for Tata Neu Plus HDFC Bank Credit Card?
The Tata Neu Plus HDFC Bank Credit Card has a joining fee of Rs 499 and annual fee of Rs 499. The annual fee can be waived on spending Rs 100,000 in the previous year.
What is the eligibility criteria for Tata Neu Plus HDFC Bank Credit Card?
To be eligible for the Tata Neu Plus HDFC Bank Credit Card, you need a minimum monthly income of Rs 25,000-50,000/month, age between 21-65 years, and a credit score of 700+. HDFC Bank customers with existing relationships may get preferential treatment.
What rewards does Tata Neu Plus HDFC Bank Credit Card offer?
The Tata Neu Plus HDFC Bank Credit Card earns reward points on all spending. Each reward point is valued at approximately Rs 1.00. Points can be redeemed for vouchers, merchandise, or travel bookings through the HDFC Bank rewards portal.
Does Tata Neu Plus HDFC Bank Credit Card offer airport lounge access?
Yes, the Tata Neu Plus HDFC Bank Credit Card provides complimentary airport lounge access. Please check the lounge access section above for detailed information on domestic and international lounge visits.
How can I apply for Tata Neu Plus HDFC Bank Credit Card?
You can apply for the Tata Neu Plus HDFC Bank Credit Card through HDFC Bank official website, mobile app, or by visiting your nearest HDFC Bank branch. Existing customers can also apply through net banking.
User Reviews
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