IN
HDFC Bank
HDFC Smart Pay
🇮🇳 India · HDFC Bank

HDFC Smart Pay

Lowest-fee credit card from HDFC, utility-only.

3.8 / 5
Joining fee
₹199
Annual fee
₹199
Top reward
1%
Min income
₹180,000

External link to HDFC Bank’s own application page.

The HDFC Smart Pay costs ₹199 a year, waived at ₹20,000 annual spend. It earns 1% on all spends. Forex markup is 3.5%. These figures are from our catalog and have not yet been re-verified against the issuer.

5-year value calculator

How much HDFC Smart Pay actually pays you over time, net of annual fees.

50,000

Includes 40% in this card's boost category, 60% general spend.

Annual rewards6,000
Annual fee0 (waived ✓)
Cumulative net value
+30,000
over 5 years
Year 1
6,000
+6,000/yr
Year 2
12,000
+6,000/yr
Year 3
18,000
+6,000/yr
Year 4
24,000
+6,000/yr
Year 5
30,000
+6,000/yr
Year 1 (with bonus)
6,000
Year 2+ (steady state)
6,000/yr

Estimates use the card's published rates and a 40/60 boost-vs-general split. Real returns vary with how tightly your spend matches each card's boost categories.

What does the HDFC Smart Pay earn?

What you earn back, by category.

Everything else
1%
📈
🎁
Welcome bonus

500 CashPoints on activation

What do you get with the HDFC Smart Pay?

  • 1 CashPoint per ₹150 on retail
  • 1% fuel surcharge waiver
  • Auto-pay reminders
  • Contactless payments

Who qualifies for the HDFC Smart Pay?

These are guidelines, not hard cutoffs. Banks frequently approve below the listed income if your credit is healthy.

Min annual income
₹180,000
Min credit score
700+
Self-employed
Eligible

HDFC Smart Pay FAQ

What is the HDFC Smart Pay annual fee?

The annual fee is ₹199. It is waived if you spend ₹20,000 in a year.

What does the HDFC Smart Pay earn?

It earns 1% on all spends.

What is the HDFC Smart Pay forex markup?

The HDFC Smart Pay charges 3.5% forex markup on foreign-currency spends.

What income do you need for the HDFC Smart Pay?

The stated minimum income is ₹1,80,000 a year. Banks treat this as a guideline, not a hard cutoff.

What is the HDFC Smart Pay welcome bonus?

500 CashPoints on activation.

Are these HDFC Smart Pay figures verified?

These figures are from our catalog and have not yet been re-verified against the issuer.