iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

HDFC Bank and Marriott Bonvoy Collaborate to Launch India's First Co-Branded Hotel Credit Card

25 Aug 2023 , 12:40 PM

HDFC Bank introduced the ‘Marriott Bonvoy HDFC Bank Credit Card’ in partnership with Marriott Bonvoy. The card is co-branded and features Diners Club, a part of the Discover Global Network, as the network partner. The new card offers a range of travel benefits and privileges to consumers, combining the strengths of both brands.

Cardholders gain Silver Elite Status with Marriott Bonvoy, including priority late checkout, member-exclusive rates, and bonus points. Parag Rao, Country Head of Payment Business at HDFC Bank, highlights the card’s launch as ideal due to increased ‘revenge spending’ post-pandemic, focusing on travel experiences.

Benefits include a one-year redeemable free night award valued at up to 15,000 points at participating Marriott Bonvoy hotels worldwide.

Cardholders receive ten elite night credits annually for Silver Elite Status and up to three additional free nights upon meeting specific spending thresholds. Earning potential includes eight Marriott Bonvoy points for every Rs 150 spent at participating Marriott Bonvoy hotels and four points for eligible travel, dining, and entertainment transactions.

Cardholders can earn two Marriott Bonvoy points per Rs 150 on other eligible purchases, except fuel, wallet reload, and rentals. The card offers complimentary access to domestic and international lounges, along with personal air accident insurance coverage.

Parag Rao sees significant growth potential due to HDFC Bank’s customer base of over 100 million and 17-18 million credit cardholders. HDFC Bank recently launched the Swiggy HDFC Bank co-branded credit card in collaboration with Swiggy, hosted on Mastercard’s payment network.

For feedback and suggestions, write to us at editorial@iifl.com

 

HDFC Bank and Marriott Bonvoy Collaborate to Launch India

Related Tags

  • Credit Card
  • HDFC Credit card
  • Marriott Bonvoy
  • Mastercard
  • Swiggy
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.