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HDFC Credit Card News - Aug 2022
- 2022-02-02 : HDFC Bank Rationalises Bonus Points on Credit cards
The Bank is removing the 10X earning on Smartbuy flights and Bus bookings and reducing the earning of bonus points on Trains. In September 2021, they had already reduced the number of points one could earn on Instant Vouchers. - 2021-08-27 : HDFC Bank tops credit card by market share
HDFC Bank has come out as the market leader of the credit card market in India. The bank has a 23.61% market share, the share of SBI cards is at 19.17%, while ICICI Bank comes at third with a 17.57% share. Despite the RBI ban on issuing any new card HDFC Bank has been able to maintain leadership status. - 2021-05-28 : HDFC Bank commits Rs 100 cr towards COVID relief in FY22
HDFC Bank committed Rs 100 crore for setting up medical infrastructure for COVID-19 relief in 2021-22. The bank is planning to set up 20 oxygen plants in hospitals besides three 100-bed COVID care facilities as part of the plan. - 2021-05-25 : HDFC Bank deploys Mobile ATM in Bengaluru
HDFC Bank deployed Mobile ATM in Bengaluru to assist customers during the COVID-19 related restrictions. The Mobile ATMs will eliminate the need for the public to move out of their locality to withdraw cash. - 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.
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