HDFC Infinia Credit Card’s minimum spend limit set at ₹18 lakh for continued access

HDFC Bank has set the minimum spend limit at ₹18 lakh for continued access to the Infinia credit card. Alternatively, they must maintain a relationship value of ₹50 lakh with the bank.

Relationship value (RLV) of ₹50 lakh means maintaining an average balance across your savings, current, FD and recurring deposit accounts (combined).

One social media influencer, Ravi Sutanjani, called this step a ‘surgical strike’ on many credit card users.

The email sent by HDFC Bank reads - “as part of our commitment to offering you a truly elevated experience, continued access to the Infinia programme will be aligned to a minimum card spend or relationship value as outlined below:

Infinia Card Spends - 18 lakh (primary + add-ons) OR 

Relationship Value (RLV) - ₹50 lakh"

What is Infinia Card?

This invite-only card offers 5 reward points on every ₹150 spent. As part of the welcome benefits, cardholders are entitled to a complimentary Club Marriott membership for the first year and 12,500 reward points.

The bank's website states that the card's joining and renewal fee is ₹12,500 plus taxes. To claim a fee waiver, the cardholder must spend ₹10 lakh or more in a year before the renewal date.

The card also offers unlimited complimentary global golf lessons and games, a round-the-clock global personal concierge for customised bookings and assistance. You can also book a 3-night stay at participating ITC hotels for only 2 nights.

Interestingly, HDFC Bank introduced a change w.r.t. the Infinia credit card in January (to cut the Smartbuy Gyftr voucher from 5X points to 3X points), but rolled back those changes soon after. The changes before being rolled back were supposed to come into force on 16 January this year. 

Disclaimer: MintMoney has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit score. MintMoney does not promote or encourage taking credit, as it comes with a set of risks, such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.

To apply for credit card, visit here