50% Cashback on Forex Markup Fee with HDFC Credit Cards

By | February 11, 2020

If you’re into Foreign Currency spends (online/offline), here’s a cashback offer from HDFC Bank Credit Cards that’s worth exploring.

Offer Details

  • Offer: 50% Discount on FCY Mark Up Fee
  • Offer period: 4 February 2020 to 29 February 2020
  • Type: Targeted – Cardholder is eligible for this offer, only upon receiving a communication from HDFC.
  • Max. Cashback: Rs.1000
  • Applicable on: Both International Online and In-store merchants
  • Fulfilment: By 31st May 2020
  • Source

This reduces the markup fee on all HDFC cards from 3.5% to less than 2% and if you are availing the HDFC Global Value Program, you save extra 1% on top of it.

But remember, you get this offer only if you’ve received the above communication from the Bank via email/SMS.


A very good offer indeed and if you avail this on Infinia or Diners Black, you get amazing returns on forex spends. Good thing is, its not just limited to in-store transactions but also applicable on online spends.

Did you receive this FCY markup fee offer from HDFC Bank? Feel free to share your thoughts in the comments below.

Author: Siddharth

Helping Indians to choose right credit cards, pick right offers and enjoy luxury vacations for less. Day & night exploring the spiritual reality of our human existence.

13 thoughts on “50% Cashback on Forex Markup Fee with HDFC Credit Cards

  1. Varun arya

    Hi Siddharth,
    I am an Infinia credit card holder.
    I got a mail from Hdfc bank but the terms are a little different from the one you mentioned.
    The one I received, the terms are
    1. 5x reward points on international spends to a cap of 5000rps
    2. Upto 29-02-2020

    5X Rewrad Point on International Spends.

    How to avail

    Spend on International Online and In-store merchants to avail the offer. 

    Terms and conditions

    * Waiver amount would be posted as in customer account within 90 days.
    * Offer applicable on retail transactions done between 4 February 2020 to 29 February 2020 (both days included) on HDFC Bank Credit Card
    * Offer not applicable on Cash, EasyEMI transactions. Offer not applicable on SmartEMI, Insta Loan, Insta Jumbo loan, Balance transfer on EMI bookings
    * Maximum of 5000 Reward Points is applicable.
    * Cardholder is eligible for this offer, only upon receiving a communication from HDFC.
    * Returned purchases, disputed or unauthorized/fraudulent transactions, EMI’s and card membership fees will not be considered for this offer.
    * For eligible customers offer benefit will be credited by 31st May 2020.
    * Corporate Cards, Purchase Cards, Dealer Cards, Distributor Cards, Value Plus Cards and Staff Cards are excluded from the promotion. 
    * Card Holder/s whose account has been classified as delinquent before or during the currency of the Program, or when the gift is to be collected, will not be eligible for the benefits of the Program.
    * If a card member has more than 1 (one) HDFC Bank Credit Card, spends on the cards cannot be clubbed by the card member in order to qualify for the said offer.
    * This offer cannot be clubbed with any existing offer.
    * HDFC Bank Cardholders are not bound in any way to participate in this offer. Any participation is voluntary and the offer is being made purely on a ‘best effort’ basis.
    * This offer is non-cashable, not extendable and non-negotiable.
    * All queries with regards to the Offer will be valid/open for escalation only up to 60 days from the offer end date – post which the Bank is not liable for any Reward point’s postings.
    * This Offer shall be subject to all applicable laws, rules and regulations which are in existence and which may be promulgated anytime by any statutory authority.
    * HDFC Bank is not making these offers and neither warrant nor guarantees the delivery, quality, merchantability or suitability of products/services availed of by the HDFC Bank Credit Card members under this offer and the member shall be solely responsible for all effects and consequences therefrom.
    * Any disputes as regards delivery, quality, warranty, merchantability or suitability of products/services availed of under this offer must be strictly addressed by the HDFC Bank Credit Card members in writing to the merchant directly and HDFC Bank will not entertain any communication in this regard.
    * HDFC Bank shall not be liable for any loss or damage whatsoever or for any personal injury that may be suffered, by a HDFC Bank Credit Card member, directly or indirectly, by use or non-use of products/services availed of under this offer
    * Cards which Do not have RP feature would not be eligible for the offer

    1. Murad

      Yes, I received same offer and it confused me because of 5X International spends as well FCY Marck Up Fee waiver will be refunded. I have forwarded the email to Infinia and waiting for their response.

  2. Tejpartap Dhami

    I received a similar offer for 5X reward points on international spend. Maximum 5000 RP. I hold DCB.

    1. Sanchit

      I hope that this is not the beginning of the transition from 10x rewards to 5x from next FY. 🙁

  3. Sameer Valecha

    I never receive any offers from HDFC. Is there any way to enroll myself in the offers list or something.

  4. Rishabh Mangal

    Received offer email today for 5X reward points on International Txns max cap 5000 points. Both Offline & Online Txns Included. Valid tell Feb end.

  5. Jatin Chopra

    I got the offer of 5x RP on my DCB capped to 5000 points till feb dnd. Offer valid on both in store and online transactions.

  6. Hrishig

    No offer for me. But if you have to spend forex anyway , how about reloading forex card with dcb , get .20 paisa better rate and 5k points ? Will the offer become equivalent ?

    1. Shivi

      You need to spend on International Online and In-store merchants to avail the offer. Reloading forex card is not spending.

  7. Rohit roy

    Is this offer not applicable for people who got their cards few months back. I get no mails on offers except got that bmw offer.


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