HDFC Bank partners with Tata Neu to launch rewarding co-branded credit cards

25 Aug 2022 , 01:52 PM

Tata Neu and HDFC Bank has announced a partnership to launch one of India’s most rewarding co-branded credit cards. This card will be launched in two variants: Tata Neu Plus HDFC Bank Credit Card and Tata Neu Infinity HDFC Bank Credit Card. 

Tata Neu customers can apply for the credit card with the help of Tata Neu app and access key details of the card through the app. Both variants of the card will be available on both RuPay and Visa network systems.

The new cards will enable customers to earn rewards on all spends, both online and in-store in the form of NeuCoins (1 NeuCoin = Re 1). 

Customers will earn 2% NeuCoins with Tata Neu Plus HDFC Bank Credit Card, and 5% NeuCoins with Tata Neu Infinity HDFC Bank Credit Card on all purchases on partner Tata brands, both online and in-store. For domestic and international purchases outside of partner Tata brands, the customers will earn 1% and 1.5% NeuCoins on the respective co-branded card variants. 

These cards will further boost existing rewards for Tata Neu customers on every purchase made through Tata Neu. Combined with existing Tata Neu benefits of 5% NeuCoins, a customer can earn a total of 7% or 10% of the value of their spending criteria on the Tata Neu app depending on the card variant. 

"The Tata Neu HDFC Bank Credit Card resonates with the core proposition of Tata Neu— simplifying the lives of Indian consumers. We expect the card to further enhance the Tata Neu experience and have a wide appeal among our target audiences across the nation", said Modan Saha, CEO, Financial Services, Tata Digital.

At around 1:39 PM, HDFC Bank Ltd is currently trading at Rs1,483.35 per share up by Rs12.05 or 0.82% from its previous closing of Rs1,471.30 per share on the BSE.

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