Anisha Kumari | Mar 28, 2025 |
Tata Neu HDFC Bank Credit Card Crosses 2 Million Issuances; Know Key Features and Benefits
The Tata Neu HDFC Bank Credit Card has crossed 2 million issuances, a remarkable milestone that signifies the card’s increasing popularity. It has contributed over 13% to net new credit card issuances during Q3 FY25, according to figures from the Reserve Bank of India (RBI).
The credit card provides a rewarding experience through its rewards system based on NeuCoins. Members get NeuCoins for a vast majority of Tata brands, which includes everyday and lifestyle spends such as grocery shopping, medicines, bill payments, UPI payments, fashion, electronics, travel, and entertainment.
With a strong presence in online transactions, the card logs more than 12 million UPI transactions per month, with overall spending crossing Rs.800 crore per month. The most significant spending categories are groceries, fuel, and utilities, which collectively represent close to 30% of total expenses made using the card.
Furthermore, the card can be availed of by a wider segment of customers, such as students, retirees, homemakers, and self-employed persons. Even new customers to the bank can avail of it by collateralizing the card against a fixed deposit.
The Tata Neu HDFC Bank Credit Card offers various advantages, such as up to 10% back in the form of NeuCoins on purchases made through the Tata Neu app. Members are also provided with a backup of 5% on Tata partner brands and 1.5% on all non-Tata expenses.
The other perks are complimentary access to domestic airport lounges and IHCL Silver Membership, further complementing the cardholder’s benefit. The credit card is also available in both RuPay and Visa flavours, providing flexibility in usage.
With its high returns, mass popularity, and special advantages, the Tata Neu HDFC Bank Credit Card still has the potential to entice a large number of customers, making it one of the market’s leading favourites.
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