If you’re in search of a credit card offering 2% cashback on shopping, consider the Tata Neu Plus HDFC Bank Credit Card. With this card, when you shop on Tata’s Tata Neu app or official website, you’ll receive 2% cashback on Tata purchases, applicable to every product. Additionally, enjoy 1% cashback on UPI payments and other expenditures.
CardType: Cashback, Rupay
- Eligibility:
- Age:- 21 to 60 Years
- Income:- 25000
- Self Employed Person
- Age: 21 to 60 Years
- ITR > Rs 6 Lakhs per annum
Benefits:
- Reward Points:
- 2% NeuCoins: Earn 5% NeuCoins on non-EMI spends on Tata Neu App On partner Tata brands (maximum cap applies).
- 1% NeuCoins: Earn 1.5% NeuCoins on non-Tata brand spend and any merchant EMI spends.
- 1% NeuCoins (up to 500 per month): Earn on UPI spends (including spends on partner Tata brands).
- Additional 5% NeuCoins: Earn through NeuPass membership on selected categories on the Tata Neu app/website (details on the website).
- NeuCoins Benefits: NeuCoins can be redeemed for discounts and purchases on various Tata Neu platform services and partner brands.
Welcome Bonus:
- Get a welcome bonus of 499 NewCoins upon activating your card, which can be redeemed on your first transaction within 30 days of receiving your card.
Other Benefits:
- Contactless payments
- Insurance coverage (details on website)
- ₹250 per statement cycle fuel surcharge waiver
Additional Benefits:
- Complimentary Lounge Access: You get complimentary domestic airport access on the card.
- Fuel Surcharge Waiver: You get 1% fuel surcharge waiver on fuel transactions of Rs 400 to Rs 5000
- Zero lost card liability: You will not be liable for transactions made after reporting the loss of your card to Customer Care.
- Interest-Free Credit Period: You get an interest-free period of 50 days on Tata New Plus Credit Card.
NeuCoins Redemption:
- You can redeem Newkins across all Tata brands.
NeuCoins Validity:
- NeuCoins associated with the Tata Nue HDFC Plus Credit Card expire 365 days after your most recent transaction involving an eligible earn or use of NeuCoins, even if it’s just one NeuCoin earned or used.
Fees:
- Joining/renewal fee: ₹ 499 + applicable taxes (waived if you spend ₹ 1,00,000 lakh or more in a year)
Additional Points:
- NeuCoins are valid for a limited duration and are governed by the terms and conditions of the Tata Neu program.
- Not all transactions earn NeuCoins (e.g., rental payments, government transactions).
Pros & Cons
Pros
- Rewards on Tata Neu and Partner Brands: You can earn 2% cashback on all Tata New partner brands.
- Bonus rewards on the Tata Neu App: You get 5% cashback when you shop on TataNueApp.
- Up to 4 complimentary domestic airport lounge accesses: A good number of cards get you free domestic airport lounge access.
Cons
- Limited benefits compared to premium cards: You are given fewer reward points than premium credit cards.
- Reward redemption limitations: You get this credit card cashback in the form of Neucoins, which you can redeem only on Tata’s Neuapp and Tata brands.
- Potential for an annual fee: Your annual fee will be waived only if you spend Rs 2 lakh in a year.
- Lower rewards on basic spending: You get only 1% cashback on spending on anything other than the Tata brand.
Please Read Our other credit card reviews
Disclaimer
If there is any change in all the card information, CredBanking will not take any responsibility because we have obtained this information from the Internet.