HDFC Bank Caps SmartBuy Voucher Rewards at 3,000 Points Monthly From July 1
HDFC Bank limits reward points on SmartBuy gift vouchers to 3,000 per month across premium cards from July 1, cutting effective reward value on Amazon, Flipkart, Swiggy, Zomato, BigBasket and Blinkit purchases. Infinia caps at 15,000, Diners Black 10,000 and Regalia Gold 4,000.
HDFC Bank caps SmartBuy brand voucher rewards at 3,000 points monthly from July 1, reducing reward value on gift vouchers for Amazon, Flipkart, Swiggy, Zomato, BigBasket and Blinkit purchases via premium cards.
Why this matters
HDFC Bank leads India's credit card market with 22% share, but the SmartBuy reward cap trims value for high-spending premium cardholders on major e-commerce and quick-commerce platforms.
Retail-brand signals steady at 2,245 over the last 90 days.