HDFC Bank Credit Card Interest Rates

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Interest Rate on HDFC Bank Credit Cards

If you have an outstanding amount left from a previous credit card bill, you need to pay HDFC credit card interest rate as per the applicable rate. This rate varies based on your card variant. Some variants of HDFC Bank credit cards have much lower rates, but these reduced rates can still contribute substantially to your overall credit card bill.

Additionally, you also have to pay interest when you use a credit card to withdraw cash from the ATM. Hence, as a cardholder, it is best to know the details of your credit card, especially the finance charges and interest rates.

HDFC Bank Credit Card Interest Rates for 2025

HDFC Bank offers a wide variety of credit card variants. The interest rates on each of these vary according to the specific card type, credit limit, and the customer's usage.

Here are the applicable interest rates on different HDFC Bank credit cards:

HDFC Bank Credit Cards	Interest Rate
HDFC Bank Regalia Credit Card	3.75% p.m. or 45% p.a.
HDFC Bank MoneyBack Credit Card	3.75% p.m. or 45% p.a.
HDFC Bank Times Platinum Credit Card	3.75% p.m. or 45% p.a.
HDFC Diners Club Black Credit Card	1.99% p.m. or 23.88% p.a.
HDFC Bank Titanium Edge Credit Card	3.75% p.m. or 45% p.a.
HDFC Bank Millennia Credit Card	3.75% p.m. or 45% p.a.
HDFC Bank Diners Clubmiles Credit Card	3.75% p.m. or 45% p.a.

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

HDFC Bank Credit Card Transactions that Attract Interest Charges

HDFC credit card interest charges typically apply to transactions with outstanding balances that are not paid in full by the due date.

Here are the instances where interest is chargeable:

If you do not pay the total amount due by the payment due date, interest will apply to the outstanding balance
Even if you pay the minimum amount due by the payment date, interest will be charged on the remaining balance, including new purchases
Until the entire overdue balance is cleared, interest will apply to all new transactions
For cash withdrawals, interest is applicable from the date of the transaction until full repayment, along with a cash advance fee

Other Charges Associated with HDFC Bank Credit Cards

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

Type	Details
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 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	October 10, 2024
Transaction Amount	₹15,000
Transaction Date	October 15, 2024
Transaction Amount	₹6,000
Statement Generation Date	October 18, 2024
Total Amount Due	₹21,000
Partial Payment Date	November 12, 2024
Partial Payment Amount	₹2,000
Transaction Date	November 14, 2024
Transaction Amount	₹2,000
Payment Due Date	November 15, 2024
Card Payment Amount	₹15,000
Statement Generation Date	November 18, 2024

You can calculate the interest charges on the 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 (October 19, 2024 to November 11, 2024): (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 (November 12, 2024 to November 14, 2024): (13,000*3.6%*12*3)/365 = ₹46.16

Interest on ₹6,000 for 26 days (October 19, 2024 to November 14, 2024): (6,000*3.6%*12*26)/365= ₹184.63

The total amount pending on the card on November 15, 2024, 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 (November 15, 2024 to November 18, 2024: (4,000*3.6%*12*4)/365= ₹18.93

Interest on ₹2,000 for 5 days (November 14, 2024 to November 18, 2024): (2,000*3.6%*12*5)/365= ₹11.83

Total interest charged on November 18, 2024= ₹ 669.88 (₹11.83 + ₹18.93 + ₹184.63 + ₹46.16 + ₹408.33)

HDFC Bank Credit Cards’ Interest-free Period

The time between the date of an HDFC Bank credit card transaction and the payment due date is called the interest-free period or grace period. This period varies with each purchase made using your HDFC Bank credit card.

HDFC Bank credit card generally offers up to a 50-day interest-free period. If you make the payment within this timeframe, before the due date, no interest will be charged. This means you have utilised the interest-free credit facility.

Everything You Need to Know About HDFC Credit Card

HDFC Bank Credit Cards	HDFC Bank Credit Cards Eligibility Criteria	HDFC Bank Credit Cards Fees & Charges	HDFC Credit Card Limit
HDFC Bank Credit Card Cash Withdrawal Charges	HDFC Bank Credit Card Application Status	HDFC Bank Credit Card Payment

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DISCLAIMER

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.

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.

When does the interest charged on an HDFC Bank credit card 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 have up to 50 days of interest-free period. Remember, if you pay the total outstanding bill within the credit card payment due date, you will not have to pay any interest.