| Card Name | Equitas Excite Credit Card by HDFC Bank |
| Issuer | HDFC Bank |
| Other Names | HDFC Bank Excite Credit Card, Equitas Excite HDFC Bank Credit card. |
| Card Network | VisaMaster Card |
| Rewards | | Online | You can earn 2 reward points for every INR 150 spent.
You can earn 3X reward points on Utility bills, IRCTC and Tax payments at a maximum of 500 reward points per month.
You can get cashbacks at the rate of 0.39% on Utility bills and 0.13% on general spendings. | | Offline | You can earn 2 reward points for every INR 150 spent.
You can earn 3X reward points on the purchase of fuel and grocery at a maximum of 500 reward points per month.
You can get a cashback at the rate of 0.39% on grocery. | | Other Rewards | 1. You can get 3X Rewards on Fuel & Grocery at a maximum of 500 Reward Points per Month.
2. You can get 3X Rewards on Utility Bills, IRCTC & Tax Payments at a maximum of 500 Reward Points Per Month.
3. You can receive 500 Bonus Reward Points on spending INR 20,000 per month.
4. You can receive 2500 Bonus Reward Points on spending INR 1,80,000 per year.
5. Extended cashback rates mentioned above, and 3X rewards also applicable for spending at supermarkets and departmental stores
| | Domestic Lounges | Not Applicable | | International Lounges | Not Applicable | | Fuel Surcharge Waiver | 1% on the purchase of fuel between INR 400 to INR 5000 at any station across India.
You can get a cashback of maximum INR 250 at each statement cycle. | | Reward Rate | 2 reward point on every INR 150 spent, where 1 reward point means INR 0.2
General Cashback is 0.39% on Utility bills and 0.13% on grocery. | | Redemption Process | You can redeem via HDFC NetBanking:
Select “Cards,” then click on “Redeem Reward Points,” and proceed with the redemption options available, like Product catalog, Insta Vouchers, Cash, Airmiles.
Exclusions –
No reward points on rental and government-related transactions.
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| Fee | | Joining Fee | INR 500 | | Renewal Fee | INR 500 | | Fee Waiving | Annual fee can be waived off on spending INR 1 Lakh.
Joining fee can be waived off on spending INR 20,000 within 90 days of issuing the card. | | Forex Markup | 2% | | Cash Advance Charges | Higher of INR 500 or 2.5% of the amount withdrawn. | | Reward Redemption Fee | INR 99 | | Interest Rates | 3.75% | | Cash Withdrawal Fee | Higher of INR 500 or 2.5% of the amount withdrawn. | | Over Limit Penalty | Higher of INR 550 or 2.5% of the overlimit amount. | | Card Replacement Fee | INR 100 | | Min. Repayment Amount | Higher of 200 or 5% of the outstanding balance. | | Late Payment Fee | Up to INR 100: Nil
INR 101 to INR 500: INR 100
INR 501 to INR 1,000: INR 500
INR 1,001 to INR 5,000: INR 600
INR 5,001 to INR 10,000: INR 750
INR 10,001 to INR 25,000: INR 800
INR 25,001 to INR 50,000: INR 1,100
More than INR 50,000: INR 1,300. | | Reward Points Cap | 500 Reward Points per month | | Cash Advance Limit | 40% of the credit limit |
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| Pros | 1. You can get Bonus Rewards on reaching expenditure limits.
2. You can get 3X Accelerated Rewards on specific categories.
3. You can get a cashback with elimination of fuel surcharge.
4. Smart EMI option available for the cardholders.
5. Beneficial for the users looking for a reward credit card.
6. Suitable for individuals trying to build their credit score.
7. You get to enjoy Co-branded benefits, offering best-in-class services from HDFC and Equitas Bank.
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| Cons | 1. You do not get any reward points on rental and government-related transactions.
2. Reward points are capped on monthly basis.
3. Finance charges are high at 3.75% per month.
4. The information regarding forex markup percentage and joining fee is not clear.
5. You do not get the benefit of international or domestic airport lounge access.
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| Welcome Benefits |
- You can earn 2 Reward Points for every INR 150 spent.
- You can earn 2x Reward Points on all online transactions.
- Joining fee can be waived off on spending INR 20,000 within 90 days of issuing the card.
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| How to Apply |
- Visit the Equitas Small Finance Bank website and click on the “Apply for Credit Card” tab
- Select the Equitas Excite credit card and click on “Apply Now”
- Fill out the online application form and submit it
- Upload required documents and latest salary slip
Mandatory Documents:
- PAN Card
- Aadhaar Card
- Latest Salary Slip
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| Eligibility |
- Equitas Small Finance Bank customers.
- Salaried: Net Monthly income INR 24,000 and above.
- Self Employed: ITR of ₹6 Lakhs per annum or above.
- Age Group : Minimum 21 years – Maximum 65 years.
- Minimum Credit Score: 700
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| Documents and Links | |
| Customer Care | |
