HDFC Platinum Plus Credit Card Review

By | August 27, 2015

HDFC bank Platinum Plus Credit Card Review

Alright, i’m writing this review on HDFC Bank’s Platinum Plus Credit Card not because its a wonderful choice to have one but to warn you not to choose it even if you’re offered for free. At a glance you would be surprised to see its reward points and benefits, but when you compare the card with other similar cards and when you valuate the monetary value of each reward point, you’ll end out knowing that its the least rewarding card you can ever have. Reward points are just imaginary values to lure customers to pick the card, before committing to any credot card, make sure to understand the reward points and cashback algorithm banks generally use. Its not a rocket science, its quite easy to understand.

HDFC Bank Platinum Plus Credit Card Reward Points

It seems that this Platinum Credit card is usually given as a lifetime free card to linked salary accounts. Ofcourse if you are not eligible for any other cards in HDFC Bank, you may opt for this, but i believe that wouldn’t be the case for most of you. Even in such scenario, consider upgrading to a different card as soon as you complete first 6 months with this card. The reason why i say not to choose is that the reward rate that you get from this card is as low as .28% of your spends. While the other cards like Hdfc Bank Money back Credit Card can get you reward rate as high as 1.6% which is quite high in the segment. Note that the terms “Reward Points” and “Reward Rate” are completely different.

Surprisingly, business platinum credit card which is issued only for self employed individuals is a far better variant. Both cards look similar in appearance.

HDFC Platinum Credit Card Reward Points Redemption Catalogue:


HDFC Credit Card Reward Points Redemption Catalogue

In other words, if you spend Rs.1,00,000 on platinum plus credit card you’ll earn Rs.280 worth of reward points, while with Moneyback card, you will get Rs.1,600. That’s a huge difference, isnt it? Not just that, in platinum card, you can only redeem the reward points to equivalent gift vouchers, whereas in Moneyback credit card you can get it as direct cashback to your credit card account which will be adjusted against your next statement outstanding.

To find available redemption options, Check out the updated catalogue from HDFC bank website using navigation as Products> Cards> Credit Card Rewards Program

Features of Platinum Plus Credit Card:

  • CardExpert Rating: 4/10
  • Reward rate: ~ 0.28%  (As Reward points to Catalogue redemption)
  • Accelerated Rewards on Dining: You can earn 50% more Reward points on spends of Rs.50,000 and above per statement cycle, giving you increased net reward rate of upto ~ 0.42%.
  • Complementary Airport lounge access: Nil
  • Fuel Surcharge Waiver: Up to Rs.1500 every year
  • Foreign Exchange Markup fee: 3.5% + Service Tax
  • Special Features: Free Add-on Card, no limits on earning reward points.

That’s all about the card, its the very basic card in the market, probably HDFC issues it just to increase the usage of credit card numbers for the basic advantage of 50 days credit period. As mentioned earlier, if you’re offered for this card, try to ask for Money-back or other cards, or if you already have it, you can always upgrade to a better card anytime with higher reward points. Got doubts? Feel free to drop your comments below, i would be happy to answer them.

32 thoughts on “HDFC Platinum Plus Credit Card Review



    1. Siddharth Post author

      Consider taking multiple sodexo vouchers so you can use in many places. Item Code: GV103 (Rs.1000 Voucher for ~4k points)
      or you can also check other available options under their redemption catalog mentioned on HDFC bank website.

  2. Rahul

    Pleased with in-depth review. I ve been upgraded to HDFC Regalia. How’s the card in your opinion

    1. Siddharth Post author

      @Rahul Regalia is one of the premium cards, best in class, check out our future posts soon for the review on Regalia Credit Card 🙂

  3. RNT

    Hi siddarth,
    My PP card is expiring on jan 16 & I have 14279 reward points in it. Recently got sms stating “Ur Card is due for renewal, it will be replaced with superior Money Back CrCard & sent to ur regd. address”. What is this card ? Are these reward points will forward to next renewal credit card ( superior Money Back CrCard)or not?

    1. Siddharth Post author

      Yes, it will be forwarded to next card. However, cross check with bank whether you’ll get 100% points or lesser.

  4. RNT

    Dear Siddharth,
    What is “superior Money Back CrCard”. Is it better than PP Card

    1. Siddharth Post author

      Its nothing but “Moneyback” card. We’ve reviewed this card on our website. Its great card.

  5. Mithun

    Hi Sid,

    Right now I have around 25K reward points in my Plat Plus card. Is it better to redeem the points or upgrade the card. For upgrade they are availing Moneyback or AllMiles with 70% and 40% reward points carry forward to the upgraded card.
    Which will be the better choice?

    1. Siddharth Post author

      Upgrade to Moneyback and convert Points to cash credit. You’ll get approx Rs.7000 (25000*.70 conversion rate *.40 point value) credited to your statement.
      else you can also choose allmiles if u are okay with redeeming on Allmiles portal.


    Sir,Presently I am having 15354 reward points on my HDFC ALLMILES credit card, Can you please suggest me how
    best I can encash them.

    1. Siddharth Post author

      Redeem it for recharge/bill pay or on flight tickets.

  7. ashok

    Hi Siddarth,
    I have applied hdfc credit card(jet titanium) recently.
    They offer one more complementary card(dinners club). In the brochure form anual fee is 500 for jet titanium and 1500 for dinner club card. But they life time free.
    Shall I trust them regarding LTF. I’m new person to use credit card. Will those two cards useful for me?. They said “try two cards, if u don’t want simply deactivate when u want”. Bt I have some article that says, hdfc credit card staff does not respond properly to deactivate the card.

    Please suggest me
    Thanks in advance.

    1. Siddharth Post author

      If they said as LTF, just go with it upon email confirmation from bank. Everything should be fine.

  8. Dipti Bhushan

    I have a platinum plus credit card no 4050 XXXX
    But some how I lost my pin no that’s y I could nt use my card. Plz issue me a new pin no so that I can use my card.
    Thanking u
    Dipti Bhushan

    1. Siddharth Post author

      You’ve to contact bank for the same.

  9. Hari Prasad Goda

    I had a diners rewardz card, but since many merchants dont accept it, i have applied for an upgradation for ALLMILES card.But with out prior information, the bank downgraded and issued a platinum plus card.What iam supposed to do to get upgraded to ALL MILES card.thanks in advance

    1. Siddharth Post author

      That shouldn’t generally happen. Get in touch with Bank.


    Platinum plus card 4040 28xx xxxx 5494 card hold ravi verma’s address has changed.

  11. mehul shah

    I have early pp hdfc cc with 11760/- rp, now they upgraded my card name money back ,now new statement comes show that nill opening rp, earned 15244 , adjusting rp3516,closing balance of rp is 11728, is this rp is true, also in telephonic conversation they said personal health Insurance free on this card is it true

    1. Siddharth Post author

      Some dilution in points is normal and i think everything is fine with mentioned numbers.
      Simply redeem it for cash credit that will give you around ~3,000 INR

      No health insurance are there, just make sure you’re not charged for anything.
      If charged, call immediately and ask to reverse.

      1. mehul shah

        But one not understand why earned rp 15244, adjusting 3516, they giving additional rp while upgraded cards bcaz my last Card rp is 11760

  12. aditya


    Thanks for the nice review! 🙂

    I have used Platinum Plus credit card for a while but now not using it since a long time. When I saw the points, I do have 283 points available. Could you please tell me how to redeem them?

    1. Siddharth Post author

      Ah, its too low to be redeemed anywhere. Check the catalog though.

  13. Narayanan

    can i know the Max amount of debit limit on HDFC credit card. can i know ..if various bank various cards differ the debit account. Mobile : 848986XXXX

  14. Anil chandak

    My email id wrongly mentioned by bank. Whereas i have photocopy of form and mentioned correct in that form .what i do

    1. SriKrsna

      The best way to tackle this issue is to write an email to talktous [at] hdfcbank [dot] com and mention in the information in detail like account number/card number.

  15. R.ANAND


    I am using Platinum plus credit card. Please confirm this card comes under which group in the HDFC redeem catalog ( like A,B,C,D,E, F,G,H)

  16. shilpa

    Hi Siddharth,
    I am looking for a credit card for minimum usage. And also which fulfills below scenario –
    If I use the card for say 1 lakh and on the due date I pay back half of it say 50000/- then it should charge interest on the remaining amount only and not on the total outstanding. Also it should not charge interest on the new swipes I do on the card in the subsequent month until I pay the entire remaining amount. Please suggest such a card.


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