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You pay interest on an HDFC Bank Credit Card if you have an outstanding amount left from a previous bill. Here, the rate applicable varies based on your card variant and some have a much lower rate. You also pay interest when you use a credit card to withdraw cash from the ATM. Hence, it is best to know the details for your credit card.

HDFC Bank Credit Card Interest Rates

HDFC Bank offers a wide variety of credit cards and the finance charges on each variant varies. Here are details of applicable finance charges on HDFC Bank credit card variants:

HDFC Bank Credit Card Variant

Interest Rate

HDFC Bank Regalia Credit Card

3.6% p.m. or 43.2% p.a.

HDFC Bank MoneyBack Credit Card

3.6% p.m. or 43.2% p.a.

HDFC Bank MoneyBack Credit Card

3.6% p.m. or 43.2% p.a.

HDFC Bank Times Platinum Credit Card

3.6% p.m. or 43.2% p.a.

HDFC Diners Club Black Credit Card

1.99% p.m. or 23.88% p.a.

Disclaimer: The interest rates provided above are subject to change at the issuer’s discretion.

Other Charges Associated with HDFC Bank Credit Cards

Credit cards by HDFC Bank have certain other charges, including the following:



Joining/Annual Fees

Between ₹0 and ₹12,500, depending on the variant

Foreign Currency Transaction Fee

Up to 3.5% of the transaction value

Cash Advance Fee

2.5% of the transaction amount or ₹500 (whichever is higher)

Loan, Smart EMI

Up to ₹999, excluding GST (Up to ₹299 for Easy EMI Processing)

Rewards Redemption Fee

₹99 per redemption request

Disclaimer: The charges and their specifics are subject to change as per HDFC Bank’s policies. 

How to Calculate Interest on an HDFC Bank Credit Card

Consider the following example to understand how to compute the interest payable on an HDFC Bank Credit Card:

HDFC Bank Credit Card Rate of Interest

3.60% p.m.

Transaction Date

May 10, 2023

Transaction Amount


Transaction Date

May 15, 2023

Transaction Amount


Statement Generation Date

May 18, 2023

Total Amount Due


Partial Payment Date

June 12, 2023

Partial Payment Amount


Transaction Date

June 14, 2023

Transaction Amount


Payment Due Date

June 15, 2023

Card Payment Amount


Statement Generation Date

June 18, 2023

You can calculate the interest charges on HDFC Bank Credit Card using the following formula: (outstanding amount * interest rate per month * 12 * number of days) / 365

  • Interest on ₹15,000 for 23 days (May 19, 2023 to June 11, 2023): (15,000*3.6%*12*23)/365 = ₹408.33


Once the payment of ₹2,000 is made, the amount pending is ₹13,000 (₹15,000 - ₹2,000).

  • Interest on ₹13,000 for 3 days (June 12, 2023 to June 14, 2023): (13,000*3.6%*12*3)/365 = ₹46.16

  • Interest on ₹6,000 for 26 days (May 19, 2023 to June 14, 2023): (6,000*3.6%*12*26)/365= ₹184.63


The total amount pending on the card on June 15, 2023, is ₹19,000 (₹13,000 + ₹6,000). With the card payment of ₹15,000 made against the credit card bill, the outstanding balance is ₹4,000.

  • Interest on ₹4,000 for 4 days (June 15, 2023 to June 18, 2023): (4,000*3.6%*12*4)/365= ₹18.93

  • Interest on ₹2,000 for 5 days (June 14, 2023 to June 18, 2023): (2,000*3.6%*12*5)/365= ₹11.83


Total interest charged on June 18, 2023= ₹ 669.88 (₹11.83 + ₹18.93 + ₹184.63 + ₹46.16 + ₹408.33) 


The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort.

The information including interest rates or fees and charges with regard to any credit card, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, trade names, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.

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Frequently Asked Questions

What is the interest rate on HDFC Bank credit cards?

The interest rate on an HDFC Bank Credit Card is a fee that the bank charges on the total outstanding amount of your credit card bill. The bank calculates the interest charges at a fixed rate on the balance and the new purchases till you clear the outstanding in full.

How can I calculate the interest rate on HDFC Bank credit cards?

The interest charges on the HDFC Bank Credit Card are calculated using the following formula:

(outstanding amount*interest rate per month* 12 *no of days) / 365

Are there any charges other than HDFC Bank Credit Card interest rates?

Apart from the interest charges on HDFC Bank Credit Card, the bank may levy some other charges on your card. However, the same depends on the card variant and the usage pattern. For example, a Foreign Currency Transaction Fee of up to 3.5% of the transaction value is charged for most variants.

What is the minimum balance for HDFC Bank credit cards?

In general, the minimum amount due is computed as a percentage of your total outstanding balance. Typically, HDFC Bank considers around 5% as the minimum amount that you are required to pay to avoid interest charges and penalties.

How long does it take to get an HDFC Bank Credit Card?

It may take a few weeks for the bank to process and deliver your credit card once they receive your application. If any particulars are missing in the application, the process may take longer.

When does the HDFC Bank Credit Card interest charge stop?

HDFC Bank will stop levying interest charges once you pay the total outstanding amount before the due date. Any amount carried to the next billing cycle will automatically attract interest charges.

How can I avoid paying interest on my HDFC Bank Credit Card?

You can avoid paying interest on your HDFC Bank Credit Card by paying any outstanding amounts before the due date in full. Additionally, you can avoid withdrawing cash using your credit card.

When is the HDFC Bank Credit Card interest rate applicable?

HDFC Bank Credit Card interest is applicable on the outstanding balance. This is in case you miss paying your credit card bill on the payment due date or pay only the minimum due amount. Interest is also charged for using the HDFC Bank Credit Card for cash withdrawals.

What is the HDFC Bank Credit Card interest-free period?

This is the period between your last credit card statement generation date and the current due date. During this period, HDFC Bank charges no interest on the bill due. You can enjoy up to 50 interest-free days. Remember, if you pay the total outstanding bill within the credit card payment due date, you will not have to pay any interest.

Which HDFC Bank Credit Card transaction attracts interest charges?

You won’t incur any interest charges if you are responsible with your finances, and pay the total amount due before the due date. If the cardholder does not pay the total outstanding amount before the due date, the overdue amount will attract a late payment interest penalty. If the cardholder pays the minimum amount due, they will still incur interest charges on the amount carried to the next billing cycle. If the cardholder uses their credit card to withdraw cash from the ATM against their credit limit, they will incur a cash advance fee

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