Business Freedom HDFC Credit Card Review

The hdfc bank business freedom credit card is one of the low-cost business credit cards offered by HDFC bank. A business credit card is helpful in many ways, it helps you to maintain your day-to-day expenses more easily.

Business credit cards often offer some useful tools that can save you a lot of time and effort, and last but not least it offers you easy access to credit which is a very good backup to have. Now let’s take a look at the hdfc freedom credit card details and see how much benefit it can actually offer us?

What are the criteria of HDFC Freedom Credit Card Eligibility?

HDFC bank has not clearly mentioned the credit card requirements to apply for this card. But as per our experience, we can say that it should be like this. 

• Resident Type: Indian
• Employment type: Self-employed. 
• Age: 21 to 65 years. 
• Income: Annual income tax return should be greater than Rs.6 lakh. 
• A good credit score (above 760) is mandatory to get this hdfc freedom credit card.

If you can fulfill the hdfc credit card eligibility criteria, then you can apply for this card from the hdfc credit card apply online portal. If you don’t know how to apply for credit card in hdfc bank, then you can visit our FAQ page for the complete hdfc credit card application process.

What documents are required to apply for an HDFC credit card?

• Photocopy of Address proof (any 1)
  • Last 6 months bank account Statement
  • Aadhar Card
  • Driving License
  • Passport
  • Utility bills
• Photocopy of ID Proof (any 1)
  • Aadhar card
  • Voter Card
  • Passport
  • PAN Card
• Two recent passport-sized photographs
• Proof of income statement:
  • Self-employed person
    • Income tax return of the last year
    • Proof of business

With a successful hdfc credit card new application submission, you will get an application number, you can track your hdfc credit card applications status using this number. The complete hdfc credit card application process is discussed on our faq page.

What are the hdfc bank freedom credit card fees?

• HDFC credit freedom card joining fee: Rs. 500 + GST
• HDFC Freedom Credit Card annual fee: Rs. 500 + GST

What are the HDFC Freedom Credit Card benefits?

• Add more value to your transaction:

This hdfc freedom credit card offers up to 5% cash back on dining, movies, cab rides, bill payments, or on your spending made at supermarkets. 

• Make every transaction rewarding:

Earning hdfc bank card rewards is very easy with this card. You will be rewarded for every Rs.150 spent with this freedom credit card. 

You can see your total earned hdfc bank credit card reward points from your monthly hdfc credit card account statement or from your hdfc credit card online netbanking account. If you don’t know how to get hdfc credit card statement, then feel free to visit our FAQ page.

You can redeem your earned points into cash using your hdfc card netbanking account, or you can use the points to get a product from the hdfc bank credit card reward points redemption catalogue. 

• Get freedom from fuel surcharges:

Use this hdfc credit freedom card to purchase fuel and you will get up to Rs.250 monthly waiver on fuel surcharges. This hdfc credit card offer is applicable to almost all fuel stations in India. The transaction amount should be between Rs.400 to Rs.5000. You will not get any hdfc bank credit card reward points for fuel purchases.

• Opportunity to make your credit card lifetime free:

If you can spend Rs.20,000 with your hdfc freedom card within a year, you will get a complete waiver on your next year’s hdfc credit card annual fee. 

• Enjoy easy bill splitting:

Now you can purchase your office essentials in bulk because, with the EasyEMI feature, you can convert your high-value hdfc credit card purchase into emi. 

If you don’t know how to convert hdfc credit card outstanding into emi, then feel free to visit our FAQ page to know the complete process. You can calculate the applicable hdfc credit card emi interest rate from the HDFC credit card emi calculator.

• Feel more secure with the advanced EMV chip:

This hdfc freedom credit card is equipped with an advanced EMV chip. These chips use a very unique encryption method, which makes your freedom hdfc credit card more secure than before. 

But fraudulent transactions can happen at any time, if you ever notice something unusual with your hdfc credit card account, you should immediately contact the hdfc credit card help line no and report the same. 

If you want then you can also block your credit card account temporarily from your hdfc credit card online net banking account. If you want to know the process of temporarily blocking credit card accounts, then feel free to visit our hdfc bank card FAQ page. 

What are the hdfc freedom credit card charges?

Particulars	Payable Amount
HDFC bank credit card cash withdrawal charge	2.5% against the transaction amount. Make sure to check your hdfc credit card maximum limit before making a withdrawal.
HDFC freedom credit card finance charges	The rate of hdfc credit card interest per month is 3.49% or 41.88% per year. Applicable if hdfc credit card bill payment is not made in time.
HDFC credit card international transaction charge	3.5% against the transaction amount.
HDFC add on credit card fee	Free for a lifetime.

How to Contact HDFC freedom Credit Card customer care number?

• Call the hdfc credit card toll free no: 1800-266-4332 (Toll Free) / 1800-202-6161(Toll Free) or 022-6160-6161
• Write to the hdfc bank credit card customer care email id: customerservices.cards@hdfcbank.com 

100xGain Ratings: 

6.5/10

Pros and cons of the hdfc freedom card:

Pros	Cons
You can earn assured hdfc card rewards with every transaction. This hdfc bank card offers 5% cash back on dining and movie expenses.	There are no travel booking benefits on this freedom card.

If you don’t want to continue with your current HDFC credit card, then you can cancel hdfc credit card account very easily. You can visit our FAQ page to know the complete hdfc credit card cancellation process.

Final Opinion:

The Business freedom hdfc credit card is a basic business credit card, best suited for first-time applicants. As expected from an entry-level card, there is nothing extraordinary on this card. But you will get some good cashback and hdfc bank rewards, handsome fuel surcharge waiver, etc. 

But as said before, there are some major flaws in this HDFC credit card. For example, it does not offer any lounge access or travel-related benefits, both of which are extremely useful for business owners. But if you are a small business owner and you need a credit card just to take care of your financial needs, then you should go for this hdfc freedom card. 

Alternative cards of the freedom hdfc credit card: 

1. HDFC business regalia credit card (Best for lounge and dining benefits)
2. HDFC Distributor Credit Card (Best for its business tools)