HDFC Bank Slashes Infinia Credit Card Rewards, SmartBuy Voucher Points Reduced
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News18•15-01-2026, 11:01
HDFC Bank Slashes Infinia Credit Card Rewards, SmartBuy Voucher Points Reduced
- •HDFC Bank's premium Infinia credit card will see reduced rewards starting January 16.
- •The points multiplier on SmartBuy voucher purchases will drop from 5X to 3X, significantly impacting accelerated rewards.
- •Effective return on vouchers will decrease from approximately 16.67% to about 10%.
- •The base earn rate of 5 points per Rs 150 on everyday spending remains unchanged.
- •Other banks like ICICI Bank are also tightening reward programs and introducing new fees, indicating an industry-wide trend.
Why It Matters: HDFC Bank has reduced SmartBuy voucher rewards on its Infinia credit card, reflecting a broader industry trend.
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