#1-₹8,920/yr
HDFC Diners Club Black Metal
10X points · Premium Metal
Best net value on this list — about -₹8,920/yr in your pocket after fees on typical spends.
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Age 21–60 · From ₹1,00,000/mo income · Unsecured
Premium Metal·HDFC Bank
Invitation-only tier for high spenders and frequent travellers.
Age 21–60 · From ₹1,00,000/mo income · Unsecured
Key Benefits
All 12 benefits →All spends
5 RP/₹150
≈3.3% value at 1:1 redemption
SmartBuy travel
10X points
SmartBuy vouchers
GyFTR/Woohoo sub-cap
3,000 accelerated pts/mo
Lounge
Domestic + international
₹60,000 prior-quarter spend from Jul 2026
High annual fee — may not pay off at moderate spend
At ₹31,000/mo (our moderate profile), net value is -₹8,246/yr after fees. Rewards alone turn positive around ₹70,299/mo in similar category spends.
Model your spends in the calculator →Zero sales calls. Ever.
Caps & exclusions verified · 2026-06-12
On the bank's site: You'll apply on the bank's website. They may ask for contact details and follow up on your application.
We earn commission if approved — at no cost to you.
Issuer updates and CardHungry deep-dives that affect this card.
19 Jul 2026
HDFC Infinia Cancellation / Downgrade Calls: Why You're Being Asked to Spend ₹18L or Lose the Card
Cardholders are posting about the calls on X and Reddit today. Here's what's actually behind them.
11 Jul 2026
Every Credit Card Benefit Cut in India: 2025–2026 Tracker (HDFC, SBI, Axis, ICICI, Amex)
Banks didn’t tweak rewards — they capped, gated, and thinned them. Here’s what changed at the five big issuers, who loses ₹, and what still works.
Rewards, lounge rules, fee perks, and extras — sourced from public issuer information.
Source: HDFC Infinia T&Cs (Jul 2026 lounge & SmartBuy voucher revision)
High income, metal cards, max perks
Source: HDFC Infinia T&Cs (Jul 2026 lounge & SmartBuy voucher revision)
All spends
≈3.3% value at 1:1 redemption
5 RP/₹150
SmartBuy travel
10X points
SmartBuy vouchers
ChangedFrom Jul 2026 — inside overall SmartBuy cap See what changed
GyFTR/Woohoo sub-cap
Cap: 3,000 accelerated pts/mo
Lounge
Changed₹60,000 prior-quarter spend from Jul 2026 See what changed
Domestic + international
Fee waiver at
₹10,00,000 annual spend
Lounge access
Domestic + international (Priority Pass) — spend-gated from Jul 2026
Spend criteria: From Jul 2026: ~₹60,000 spend in the previous calendar quarter required for domestic lounge; international per PP rules — verify MITC
See worked examples of how points convert to cash value
travel — 5 pts per ₹150 spend
You spend
₹10,000
You earn
333 pts
Worth ≈
₹333.33
@ ₹1/point
all — 3.3 pts per ₹150 spend
You spend
₹10,000
You earn
220 pts
Worth ≈
₹220
@ ₹1/point
Redemption reality: Point value varies — cashback redemption is typically lower than travel partner transfers. We use a conservative ₹1/pt in calculations.
Based on moderate spend for this market
Est. net annual
-₹8,246
per year
Annual fee
₹14,750
per year
Effective return
-2.2%
of spend
Rewards minus annual fee on your spend profile
Annual fee ₹12,500 · Forex 2% on international transactions — tap for full fees
Joining fee
Charged in first year
₹12,500
Annual / renewal fee
Waived on ₹10,00,000 annual spend
₹12,500
Forex markup
2% on international transactions
Finance charges
≈3.5–3.75% per month (42–45% p.a.) if you revolve balance — pay in full to avoid
Late payment fee
₹400–₹1,300 depending on statement balance — always pay on time
Reward redemption fee
Usually ₹0 for cashback cards; points cards may have ₹99+ redemption fee
Example: moderate user · Steady year
Signup bonus is excluded here — switch to Year 1 on the hero or open the calculator for first-year value.
Formulas and assumptions: How we calculate NAV
21–60 years · ₹1,00,000/mo — tap for full criteria
Important: These are indicative eligibility bands from issuer websites. Actual approval depends on the bank's internal score, existing relationship, and current portfolio policy. CardHungry shows bands, not guarantees.
At moderate spend (₹31,000/mo), gross rewards are about ₹6,744/year. After the ₹12,500 annual fee, net value is approximately -₹8,246/year. Use the calculator above to model your own spends.
₹1,00,000/month for salaried applicants (indicative — bank decides).
EMI transactions, Fuel, Rent, Wallet top-ups.
Deeper rankings and comparisons for similar use cases.
HDFC Diners Club Black Metal
10X points · Premium Metal
Best net value on this list — about -₹8,920/yr in your pocket after fees on typical spends.
Axis Bank Magnus Credit Card
12 Edge Miles/₹200 · Premium Metal
Strong runner-up at -₹11,102/yr net — roughly ₹2,182 behind #1 on the same spend mix.
ICICI Bank Emeralde Private Metal Credit Card
4X reward points · Premium Metal
Worth a look — -₹11,808/yr net, still ahead of 0 other eligible cards.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
