The Tata Neu super app has become quite popular after its launch. It gets access to most of the Tata Group services, has good offers, and lets users earn and redeem NeuCoins. So, it was just a matter of time before we had Tata Neu co-branded credit cards. HDFC and Tata Neu have now come together to launch the Tata Neu Plus and Tata Neu Infinity HDFC Bank credit cards. The two new co-branded credit cards offer good rewards on the Tata Neu super app with other benefits. Here is a quick review of the two cards – the Tata Neu Plus HDFC Bank credit card and the Tata Neu Infinity HDFC Bank credit card.
Fees and Charges
| TATA NEU PLUS HDFC BANK CREDIT CARD | TATA NEU INFINITY HDFC BANK CREDIT CARD | |
|---|---|---|
| Joining and Annual Fee | Rs 499+GST | Rs 1499+GST |
| Welcome Benefit | 499 NeuCoins | 1499 NeuCoins |
| Annual Fee Waiver | Spend Rs 1 Lakh in a membership year | Spend Rs 3 Lakhs in a membership year |
The welcome benefit is applicable only if the joining fee is paid. It will not be available for FYF and LTF cards. We have to do a transaction within 30 days of card issuance to avail of the welcome benefit. The card is issued on both Visa and Rupay platforms.
Rewards
| PURCHASE CATEGORY | TATA NEU PLUS HDFC BANK CREDIT CARD REWARDS | TATA NEU INFINITY HDFC BANK CREDIT CARD REWARDS |
|---|---|---|
| Tata Neu and partner brands | 2% | 5% |
| Utility Bill Payments and Recharges with Tata Pay | 2% | 5% |
| All other spends (including merchant EMI) | 1% | |
| Tata NeuPass Benefit (applicable on all cards) | 5% | 5% |
- Partner brands include 1MG, BigBasket, Croma, Air Asia, Tata CliQ, IHCL, Westside, Qmin, Tata Play, and Cult
- No upper cap for NeuCoins earned on transactions
- Fuel spends, wallet loads, and Smart EMI transactions will not get any NeuCoins
- Property management services transactions including rent will have a cap of 1000 NeuCoins/month
The rewards are good for the Tata Neu Infinity credit card variant when it comes to Tata Neu spending. The Tata Neu Plus variant gets just 2% on partner spending which is not that great when we see other entry-level cards.
HDFC Bank SmartBuy Offers for Tata Neu Credit Cards
The Tata Neu credit cards do not get the 5% cashback or 5X rewards benefits on SmartBuy like other HDFC Bank credit cards. Instead, we get bonus NeuCoins for SmartBuy transactions at a much lower rate. We can earn a maximum of 1000 bonus NeuCoins per calendar month through SmartBuy.
Rewards Redemption
Earned NeuCoins will be automatically transferred to the Tata Neu app. They can be used on any of the partner brands for purchases. 1 NeuCoin = Rs 1 for all brands.
Complimentary Airport Lounge Access
| TATA NEU PLUS HDFC BANK CREDIT CARD | TATA NEU INFINITY HDFC BANK CREDIT CARD | |
|---|---|---|
| Airport Lounge Access in India | 1 visit/quarter | 2 visits/quarter |
| Airport Lounge Access outside India | Not Available | 2 visits/quarter |
- Airport lounge access in India will be with Visa or Rupay based on card variant. The service is provided by DreamFolks.
- Airport lounge access outside India will be with Priority Pass for Visa and directly on the card for Rupay variants.
- Check this link for the list of eligible airport lounges in India for Tata Neu HDFC Bank credit cards
- Check this link for the list of eligible airport lounges outside India for Tata Neu Infinity HDFC Bank Rupay credit card
Key Benefits
- Fuel Surcharge Waiver: 1% waiver for transactions between Rs 400 and Rs 5000. Maximum waiver of Rs 500 per statement.
- Foreign Currency Markup: 2% for the Infinity variant and 3.5% for the Plus variant
Final Thoughts
The Tata Neu Plus variant is somewhat disappointing. Rather than 2% rewards on Tata Neu, we would be better off using other cashback credit cards. Even Amex MRCC, and Flipkart Axis Bank credit cards are better choices.
The Tata Neu Infinity credit card is somewhat good. 5% rewards on Tata Neu and partner brands and 1.5% elsewhere are pretty good for a co-branded card. We also get international airport lounge access on both Visa and Rupay variants.
