HDFC Bank EasyEMI Credit Card

HDFC Bank · Closed to new applicants

HDFC's EMI-first cashback card: 5% on Amazon, Flipkart, flights and hotels through PayZapp and SmartBuy, 2.5% on online spends and 1% on offline spends and wallet reloads (cashback capped at ₹750 for each of the last two), with spends above ₹10,000 turned into 9-month EMIs automatically, for ₹500 a year. Closed to new applicants.

Annual fee
₹500 + GST a year
Joining fee
₹500 + GST
Fee waiver
Annual fee waived on ₹50,000 spend per card year
Base rate
1% on offline spends of ₹100 or more, up to ₹750 cashback: 1% in CashPoints (about 1% at cash value)
Lounges
None on record
Forex markup
3.5%
Data
From bank documents, checked 24 Oct 2026

Main earn rates

  • 5% on flights and hotels bought through SmartBuy, up to ₹750 a month with the Amazon/Flipkart line: 5% in CashPoints (about 5% at cash value)
  • 5% on Amazon and Flipkart through SmartBuy, up to ₹750 a month with the travel line: 5% in CashPoints (about 5% at cash value)
  • 2.5% on online spends of ₹2,000 or more, up to ₹750 cashback: 2.5% in CashPoints (about 2.5% at cash value)

Earns nothing on

  • No cashback on fuel
  • No cashback on rent or government payments (from 1 January 2023)
  • No cashback on education fees paid through third-party apps (from 1 September 2024)
  • No cashback on online skill-based gaming (from 1 July 2025)

Where the sources disagree

  • joining and renewal fee: The key fact statement v2.4 of 14 January 2025 shows Easy EMI with ₹250 in its merged fee table, while the card page, the March 2025 key fact statement v2.5 and MITC v4.15 give ₹500. The merged cells make the older table ambiguous; ₹500 is used.
  • cashback redemption eligibility: The page gives a ₹1 cashback value and a 2,500 CashPoint minimum. HDFC's rewards redemption form (September 2026) does not name the EasyEMI card; the MITC v4.15 cashback-minimum table (whose ₹2,500 row reads "Bharat Card/ Easy EMI Millennia/IOCL", and which says cashback is eligible "only for above mentioned card variants") names it as Easy EMI Millennia, read as this card (see not_modelled). The page is used.
  • cashback on wallet reloads: The page FAQ and HDFC's EasyEMI feature sheet give 1% on wallet reloads; MITC v4.15 clause I(b) says "EasyEmi and e-wallet loading transaction will not accrue Reward Points" (a general clause that speaks of Reward Points, not CashPoints). The card's own terms are used.

Terms the calculator does not value

  • The card is closed to new applicants; the calculator values it as if issued today. HDFC gives no closing date.
  • Every transaction of ₹10,000 or more (except fuel, gold and jewellery) is converted to a 9-month EMI automatically at 20% a year with a ₹99 + GST fee (MITC v4.15); the interest and fee are not in the calculator. HDFC's EasyEMI feature sheet says "ALL CASHBACK BENEFITS ARE ALSO APPLICABLE ON EASYEMI TRANSACTIONS", so all spend is treated as earning.
  • The "launch offer" of gift vouchers worth ₹1,000 on spends of ₹1,00,000 or more (the feature sheet: in each calendar quarter, first year only) is not valued; the page gives no end date.
  • HDFC's 2019 feature sheet gives 500 CashPoints as a "Welcome Benefit/Renewal Benefit ... applicable only on payment of membership fee"; the current page names only the welcome CashPoints "on card issuance". A renewal benefit is not modelled.
  • Utilities and telecom: the MITC's clause n caps (utility and telecom Reward Points "capped at 2000 Reward Points per calendar month", from 1 September 2024) do not apply to this card: "Please note: For Millennia, UPI, BIZ UPI, Swiggy, BIZ First, Paytm, Paytm Business, Easy EMI Millennia, Best Price Save Smart and Bharat credit cards, the capping as per the product feature will continue to be applicable." "Easy EMI Millennia" is read as this card: the MITC fee table has one "Easy EMI" row, the card's page and feature sheet sit under HDFC's millennia-cards paths, and the MITC's clause j cap for "Easy Emi millennia" (3,000 points a month) and its "Bharat Card/ Easy EMI Millennia/IOCL" ₹2,500 cashback minimum match the page. The product capping is the feature sheet's: "Maximum CashBack of Rs.750 per month" on the 1% spends and "up to a maximum of Rs 750 per month" on the 2.5% online spends.
  • Insurance and groceries: no separate cap is applied. The MITC caps "Reward Points accrued for insurance transactions" at "2000 per month for all other credit cards" (clause e, from 1 July 2025) and "Reward Points earned on Grocery transactions" at "1000 reward points for the rest of the cards" (clause m, from 1 January 2023). Both speak of Reward Points, where the MITC writes "Reward Points/CashPoints" for terms that cover the cashback cards (clauses g and l), and the card's own terms set no insurance or grocery cap. Insurance and grocery spend earn the 1% offline or 2.5% online rate inside the ₹750 monthly caps; the insurance cap (2,000) is above any one of them, and a 1,000 grocery cap could bind only with both ₹750 caps reached on groceries alone.

Sources

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