Tata Neu Plus HDFC Bank Credit Card

Tata Neu Plus HDFC Bank Credit Card is a co-branded card launched by Tata Group and HDFC Bank. Individuals who are dedicated to Tata Brands and HDFC Bank can profit greatly from using this credit card. When you shop at Tata Brands, you will receive NeuCoins equal to 2% of the total transaction amount. As of this year, well-known brand names include Tata 1MG, Croma, Air Asia, Titan, Tanishq, and many more.

Additionally, when you use this credit card to make purchases from non-Tata brands, you will earn 1% cashback. Bonus NeuCoins will be given to cardholders as a welcome benefit. With a fantastic start offer, cardholders can earn extra NeuCoins while making transactions on the Tata Neu website or mobile app.

In addition to NeuCoins, cardholders will receive free access to domestic airport lounges, waivers of fuel surcharges, spend-based renewal fee waivers, zero liability protection, and other advantages. Overall, this credit card is a fantastic introduction with some unique features.

Continue reading this post to known about all the amazing advantages of the Tata Neu Plus HDFC Bank Credit Card.

Joining Fees: | Annual Fees:

Rs. 499+GST | Rs. 499+GST

Reward Type:

Reward Points

Suited For:

Shopping

Issued on:

Visa | RuPay

Rating:

4.6/5

Apply Now

Fees and Charges

Fees: - Joining/Annual 499+GST
Best Suited For: - Shopping
Reward Type: - Reward Points
Welcome Benefits: - NeuCoins 499 on Tata Neu app
Fee on Reward Redemption: - Rs. 99 par redemption request
Interest Rates: - 3.75% per month (45% annually)
Spend Based Waiver: - If you spent at least Rs. 1 Lakh or more in the past year, the renewal fee 499 +GST is waived.
Fuel Surcharge: - Waiver of 1% fuel surcharge for fuel transactions in India between ₹400 to ₹5000.
Foreign Currency Markup: - 3.5% of the total transaction amount (plus applicable taxes)
Cash Advance Charges: - 2.5% (Min. Rs. 500) of the withdrawn amount.
Add-on Card Fee: - Nil

Reward and Benefits

Movie & Dining: - NA
Rewards Rate: - The Tata Neu app offers 5% cashback (in the form of Neucoins), 2% cashback on Tata partner brands, and 1% cashback everywhere.
Rewards Redemption: - Earned Neu Coins can be redeemed for Tata partner brands on the Tata Neu app at a 1:1 ratio (1 Neu Coin = Re. 1).
Travel: - Access complimentary to domestic airport lounges
Domestic Lounge Access: - 4 complimentary domestic airport lounge access limited to 1 par quarter
International Lounge Access: - NA
Insurance Benefits: - NA
Golf: - NA
Zero Liability Protection: - If a card is reported lost or stolen within 7 days, the cardholders won't be held responsible for any fraudulent transactions done using the card.

Product Details

499 Neu Coins as a welcome bonus.
Get 5% in NeuCoins when you use card on the Tata Neu app or website after registered to TaraNeu pass.
Get 2% in NeuCoins when you shop at Tata brands.
Get 1% NeuCoins on non tata brand purchases.
Get complimentary access to domestic loungess.
Spend-based renewal fee waiver.
1% of fuel surcharges are waived up to 250 a month.

Pros/Cons

Pros

As a welcome bonus, complete a transaction within the first 30 days after the card's issuance to receive 499 NeuCoins.
At ₹1 lakh spent in a calendar year, the renewal fees are waived.
Save big on Tata brands such as Tanishq and Cult.Fit with the Tata New Plus HDFC Card, whether you're a fitness fanatic or looking for jewelry.

Cons

This is a huge letdown for travelers because there is no access to an international lounge.
One big disadvantage of the Tata Neu Plus HDFC Bank Credit Card is that it does not offer any movie or dining benefits.
NeuCoins are only valid for 365 days.

HDFC Tata Neu Plus Credit Card Features and Benefits

Let's take a look at all of the exciting features and perks provided by the innovative Tata Neu Plus HDFC Credit Card. You'd be happy to choose a card known for its large rewards.

Welcome Benefits:

As a welcome bonus, cardholders receive 499 bonus Neu Coins, which is equal to the card's joining fees.
Within the first 30 days of the card's issuance, cardholders must use their Tata Neu Plus Credit Card for at least one transaction in order to qualify for this welcome benefit.
First Year Free and Lifetime Free credit cards are not eligible for welcome benefit.

First-Time Offer:

Once you download the Tata Nue application and sign up for the Tata NuePass, you can spend money on the Tata Neu application or website and earn an extra 5% of the amount transacted back in the form of NeuCoins.

Travel Benefits:

Also, holders of the HDFC Tata Neu Plus Credit Card enjoy the following wonderful travel benefits:

4 complimentary domestic lounge visits per year (limited to 1 per quarter) are offered to cardholders who use both the Visa and RuPay versions.

Spend-based waiver:

The renewal charge for the Tata Neu Plus HDFC Bank Credit Card will be waived if the credit cardholder spends Rs. 1 lakh or more on his credit card in an anniversary year.

Fuel surcharge waiver:

Cardholders will receive a 1% fuel surcharge waiver on all fuel transactions that vary between Rs. 400 to Rs. 5,000 at all petrol stations across India.
The maximum surcharge amount is Rs. 250 every statement cycle.

HDFC Tata Neu Plus Credit Card Fees/Charges

Here are a few important fees and charges related to the HDFC Bank Tata Neu Plus Credit Card:

This credit card has an annual/joining fee of Rs. 499. For the second year onwards, there is no renewal fee if the cardholder spent at least Rs. 1 lakh in the previous year.
This credit card has an interest rate of 3.75% every month, or 45% annually.
With the HDFC Tata Neu Plus Credit Card, the cash advance fee is 2.5% of the amount withdrawn, up to a maximum of Rs. 500.
This credit card has a foreign currency markup fee of 3.5% of the entire amount spent overseas.

HDFC Tata Neu Plus Credit Card Rewards

You can earn Tata Neu coins as a reward with the Tata Neu Plus HDFC Credit Card. The reward rates for the various categories are as follows:

7% NeuCoins on the TataNeu app/website (including 5% coins earned when taking the NeuPass)
2% of the total amount was returned in the form of NeuCoins for non-EMI transactions from partner Tata brands.
1% of the total amount transacted is returned in NeuCoins for merchant EMI transactions and transactions of non-Tata products.
Transactions made for rent, fuel, wallet loads, and smart EMI will not accrue NeuCoins.
Grocery transactions can earn you up to 1000 NeuCoins every month.

Spends / NeuCoins:

Spends with Tata Brands - 2%
Spends with non-Tata Brands - 1%
Spends with l UPI - 1%
Marchant Emi Spends - 1%

Reward Redemption:

NeuCoins got with the Tata Neu Plus HDFC Bank Credit Card can be exchanged for Tata 1mg, Air India Express, Croma, Westside, Bigbasket, Tata CLiQ, Tata CLiQ Luxury, Hotel Bookings/Purchases on IHCL, Titan, Tanishq, and Qmin, among other Tata-partnered brands, on the Tata Neu Application or Website.
1 Neu Coin is worth Re. 1 in terms of money for redemption purposes.
You can choose Tata Pay as the payment method while purchasing things on the Tata Neu.
NeuCoins are valid for one year from the date of the transaction in which you earned them.

HDFC Tata Neu Plus Credit Card Eligibility Criteria

You must meet the following basic requirements for eligibility in order to be granted approval for the HDFC Bank Tata Neu Plus Credit card:

For self-employed applicants the age range should be 21 to 65 years old, and for salaried applicants, it should be 21 to 60 years old.
The monthly minimum eligible income for salaried employees is Rs. 25,000.
The minimum annual income requirement for people who are self-employed is Rs. 6 lakhs.

Required Documents:

The following list of documents is required in order to apply for the Tata Neu Plus HDFC Bank Credit Card:

Identity documents such as an Aadhar card, PAN card, voter ID, passport, driver's license, etc. must be submitted.
Additionally, you must provide documents of your address, such as recent utility bills, a rental agreement, an Aadhar card, a passport, etc.
You can provide the most recent salary slips and bank statements, or in the case of self-employed individuals, the most recent audited ITR, as evidence of your income.

Apply for the HDFC Bank Tata Neu Plus Credit Card

You can apply for the Tata Neu Plus HDFC Bank Credit Card both online and offline at your convenience. To apply offline, bring all of the necessary documents to the nearest HDFC Bank branch. After that, get the credit card application form from the bank officials, carefully fill it out, and submit it.

To apply online with CREDBANK, simply click the "Apply now" button to start your online application, then complete the remaining requirements and submit your application to finish the process.

To apply online, you must complete a few basic processes, as detailed below:

Go to the official HDFC Bank website.
Select the "Credit Cards" option located under the "Borrow" section.
Once on this page, you will see that all of the HDFC Credit Cards have been categorized according to their features.
Choose the Tata Neu Plus Credit Card under the "Lifestyle" category.
Under that, select the "apply now" option.
Fill out the online application and finish the remaining necessary formalities to proceed in the right manner.

Review of the Tata Neu Plus Credit Card

Tata Neu Plus HDFC Bank Credit Card provides excellent deals to committed HDFC Bank and Tata clients. Following the Flipkart Axis Bank Credit Card and the Amazon Pay ICICI Bank Credit Card, this card could become one of the top shopping credit cards in the country. You can earn NeuCoins by shopping not only Tata brands, but also non-Tata brands.

Aside from that, you will receive more NeuCoins as a welcome incentive. This credit card is also an excellent choice for individuals who frequently fly domestically, as it includes free entry to domestic lounges. As a result, this card is ideal for an applicant who has an HDFC bank account and frequently spends at Tata brands.

Now we know about the Tata Neu HDFC Bank Plus Credit Card. Share your thoughts and opinions about this credit card in the comments box below!

FAQs:

Is there any lounge access with this credit card?

Yes, this credit card provides 4 complimentary domestic lounge access per calendar year, with a restriction of one per quarter.

How can NeuCoins be redeemed?

NeuCoins can be redeemed when making purchases for particular Tata brands through the Tata Nue Website or Application.

Is it possible to waive the renewal fee?

Yes, if the cardholder uses the credit card for at least Rs. 1 lakh during the anniversary year, the Rs. 499 renewal charge for the Tata Neu Plus HDFC Bank Credit Card will be waiv

Do you get a waiver on fuel surcharges with this credit card?

You are eligible for a 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 4,000 at all petrol stations in India, up to a maximum of Rs. 250 each billing cycle.

Tata Neu Plus HDFC Bank Credit Card
Rating: 4.6/5