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HDFC Credit Limit

HDFC Credit Card Limit

Last Updated 26th Nov 2020

HDFC credit card limit is the maximum amount that you can spend with your HDFC credit card.

HDFC Credit Card Limit Types
  • Total Credit Limit
  • Available Credit Limit
  • Cash Limit
HDFC Credit Card Limit Factors
  • Credit Score
  • Income-Debt Ratio
  • Other Credit Cards
HDFC Credit Card Limit Check
  • Mobile/Internet Banking
  • Customer Care
  • Visiting HDFC Bank
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HDFC Credit Card Limit

A HDFC credit card offers too many benefits to be ignored. From purchasing expensive gadgets to making our dream trips to fulfilling our basic needs such as shopping online, settling utility bills, HDFC credit card is one of the most convenient methods of making payments. To make any transactions against your HDFC credit card, you need to have an eligible credit limit for your cards. HDFC credit card limit is the maximum amount that you can spend with your HDFC card and is dependent on various factors such as income, previous credit cards, repayment capacity etc.

Types of HDFC Credit Card Limit

These are 3 types of HDFC credit card limit that you can get with your HDFC credit card.

HDFC Card Total Credit Limit

HDFC Bank card total credit limit is the maximum credit amount that you can spend with your HDFC credit card. The total credit limit reduces as you make any transactions against your HDFC Bank credit card and similarly also gets restored as you make credit card bill payment.

For instance, if the total credit limit against your HDFC card is ₹ 1 Lakh, then it means that you can spend up to ₹ 1 Lakh against your HDFC credit card.

HDFC Card Available Credit Limit

HDFC card available credit limit is the credit limit on the specified date. For instance, if the available credit limit against your HDFC card is ₹ 1 Lakh, and you have spent ₹ 60,000, then the HDFC card available credit limit is ₹ 40,000.

HDFC Card Cash Limit

HDFC card cash limit is a component of total credit limit that can be withdrawn as cash for emergency use. However, it attracts the applicable HDFC Bank Credit Card Cash withdrawal charge and fee.

For instance, if the available credit limit against your HDFC card is ₹ 1 Lakh, then the HDFC Bank generally provides 20%-40% cash limit, depending on your profile and type of credit card that you have availed.

Factors that Decide HDFC Bank Credit Card Limit

Below mentioned are the factors based on which HDFC Bank determines your credit card limit:

  • Credit history: The first and foremost factor that HDFC Bank evaluates as it receives your credit card application is your credit history. If you have a good credit score, it signifies that you can repay the credit on time and hence you will be provided with a higher credit limit and similarly vice-versa. Borrowers with no credit history also get lower credit limits against their HDFC credit cards.
  • Income and Debts: The debt-income ratio is another crucial factor that HDFC Bank evaluates before determining the credit limit. The amount of existing debts and how you manage with your income sources helps in deciding the HDFC credit limit. The lower your debt-income ratio is, the higher will be your credit limit and similarly vice-versa.
  • Limits on other credit cards: HDFC Bank also determines the credit card limit based on other credit cards. For instance, you have a platinum credit for another bank. It is quite apparent that you have a high credit limit as available against regular credit cards.

How to check HDFC Credit Card Net Banking Credit Card Limit?

If you want to check your eligibility on HDFC credit card, you can log in your HDFC net banking account or HDFC mobile application and can check the credit card limit on the dashboard. However, if you don’t have a mobile banking or internet banking account, you can also check your HDFC credit card limit by calling HDFC customer care or either you can visit the nearest HDFC Bank .

How to Increase HDFC Credit Card Limit?

Once you have checked your eligibility and want to increase credit card limit on your HDFC card, you can either avail HDFC ‘Limit Enhancement’ feature on your existing card, or else you can upgrade to another HDFC credit card through ‘Card Upgrade’ feature. In case, you want to assure your eligibility for the credit limit on your card; you can also provide additional information to HDFC Bank. HDFC Bank allows for an annual increase in credit limit if you have repaid all your dues on time and have a good credit score.

To increase your credit card limit through any of the features as mentioned earlier, you can apply for the same by the following methods:

  • Apply through Net Banking
  • Call HDFC Bank Customer Care
  • Visit HDFC Bank nearest branch
  • HDFC Bank approaches you

HDFC Credit Card Limit Increase via Net Banking

To increase HDFC credit card limit via net banking, you need to follow the below-mentioned steps:

  • Login to your HDFC net banking account. On the homepage of your credit card, click ‘Credit Card- Card Upgrade with Enhancement’.
  • Choose your HDFC card and click on the ‘Continue’ button.
  • If your card is eligible for enhancement, you will find a pop-up message displaying the applicable credit limit.
  • Once you know all the details, you can check about the features of the new credit card if you are eligible for the same and can upgrade your card.
  • Finally, the lender will approve your card and the same will be dispatched to your registered address within 7 to 10 working days.
  • All the rewards, dues and transactions, etc., will finally be transferred to the new card. However, in the case of only limit enhancement, the limit will be extended for the same card.

HDFC Credit Card Limit Increase by calling Customer Care

If you don’t have a HDFC Bank net banking account, you can also request for HDFC Bank credit limit increase by calling HDFC Bank customer care on the number mentioned below. The number is available 24*7 including on Sundays and Bank holidays.

HDFC Bank Customer Care number is . 1800-258-3838

FAQs

How can I know my HDFC credit card limit?

If you want to check your eligibility on HDFC credit card, you can log in your HDFC net banking account or HDFC mobile application. In case you don’t have a mobile banking/ internet banking account, you can check your HDFC credit card limit by calling HDFC customer care.

How can I increase my HDFC credit card limit?

You can increase your HDFC credit card limit by applying for Limit Enhancement/Card Upgrade through the methods mentioned below:

  • Apply through Net Banking
  • Call HDFC Bank Customer Care
  • Visit HDFC Bank nearest branch
  • HDFC Bank approaches you

How is the credit limit calculated?

HDFC Bank calculates credit card limit by evaluating your credit history based on your credit score, your debt-income ratio and other credit cards that you have availed.

Can I spend more than the limit?

No, you can only spend up to the total credit card limit of your HDFC card. However, HDFC Bank may approve your over-the limit transaction if you have a good credit history and repayment track record.


HDFC Credit Card News - Nov 2020
  • 2020-09-11 : Credit card EMIs at an all-time high
    HDFC Bank reported that the number of customers preferring to buy high-value products through instalments stood at an all-time high during the coronavirus pandemic. Further, The bank noted that the trend is visible across all segments of cardholders, including the newly launched millennia cards targeted for the younger users.
  • 2020-06-25 : HDFC Bank introduced co-branded credit card with IndiGo
    HDFC Bank partnered with the country largest airline IndiGo to launch a co-branded credit card, which will effectively work like a loyalty programme for the carrier. Named as Ka-ching, the card will offer multiple benefits like complimentary air tickets, lounge access, 5 % cashback or reward points on Indigo bookings, and 3% cash back on dining, grocery and entertainment.
  • 2020-06-05 : HDFC Bank introduced summer treats
    HDFC Bank introduced summer treats, under this Bank will offer no-cost EMI and no down payment for large appliances, discounts and cashback on select brands. In addition to this, 50% extra reward points on online spend using credit cards. It will also have exclusive offers on the Bank lending products as well as additional rewards on online spends via Debit Card Credit Card or Payzapp.
  • 2019-12-03 : HDFC Bank launches a co-branded credit card with Walmart India
    HDFC Bank launched a credit card exclusive to ‘B2B Cash and carry stores’ customers, that offers free credit up to 50 days. The card can be used in all 26 B2B stores in the country. The card was launched to enable small businesses like Kirana stores to prosper well. Further, the card brings along cashback and rewards and can be used both online and at the stores.
  • 2019-09-02 : HDFC Bank launches its new millennia cards
    In a bid to engage the young customers, HDFC Bank launched its new range of millennia cards. These debits and credit cards come with variant features like 5 percent cash back on shopping, discounts and also a 1 percent waiver on the fuel charge. These cards are available in four variants Millennia Credit Card, Millennia easy EMI card, Millennia Debit card, and Millennia Prepaid card.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More
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