HDFC Flipkart Wholesale Credit Card

The key highlights of the HDFC credit card Flipkart are given below:

The main features and benefits of the Flipkart Wholesale HDFC Bank Credit Card are given below:

Welcome Benefit

• Get free subscription vouchers on any one of the following as an early activation benefit::
  • Free subscription of Gaana Plus for 6 months.
  • Free subscription of ZEE5 for 3 months.
  • Free subscription of Shemaroo for 3 months. 
• This Offer is valid till March 31st 2024.

Activation Benefit

• HDFC credit card Flipkart offers Rs. 500 cashback per transaction on first 3 purchases within 90 days of onboarding.
• Offer valid on a minimum transaction of Rs. 2,000 for each transaction.
• Spends are limited to Flipkart Wholesale online platforms only. 

Cashback Benefits

• 5% cashback (up to Rs. 2,000 per month) on Flipkart Wholesale online spending.
• 5% cashback (up to Rs. 250 per month) on telecom, utility, government & tax payments. 
• 1% cashback (up to Rs. 25,000 per month) on all other spends. 
• No cashback will be accrued on rental payments and education spending.
• Accruals on grocery spending will be capped at a cashback of Rs.1,000 per month.
• Redemption of travel reward points will be capped at 50,000 points per month.

Launch Offer

• Additional 5% cashback for the first six months on Flipkart Wholesale online spending. 
• This offer is valid for customers on-boarded within the first 6 months from the card’s launch date).
• Maximum cashback available up to Rs. 3,000 per month. 
• This offer is valid till December 15th 2023.

Fuel Surcharge Waiver

• HDFC credit card Flipkart offers a 1% fuel surcharge waiver on fuel transactions at all fuel stations across India.
• The minimum transaction value should be Rs. 400 and maximum up to Rs. 2,000.
• Maximum waiver available up to Rs. 250 per statement cycle.

Other Benefits

• With SmartPay utility bill payment service, pay all your utility bills on time, conveniently and easily. 
• Zero cost liability on reporting your Flipkart Wholesale HDFC Bank Credit Card loss immediately to HDFC Bank’s 24-hour call centre, on any fraudulent transactions made on the card. 
• Flipkart HDFC bank offers an interest-free credit period of up to 50 days from the date of purchase (subject to submitting the charge by the Merchant).
• With Smart EMI, convert your big spends into EMIs after purchase.

Joining & Annual Fees

• Joining membership fee: Rs. 499 + applicable taxes.
• Renewal membership fee: Rs. 499 + applicable taxes. The renewal fee is waived on spending Rs. 3 Lakhs and above in the previous year.

• No cashback will be accrued on rental payments and education spending.
• Accruals on grocery spending will be capped at a cashback of Rs.1,000 per month.
• Redemption of travel reward points will be capped at 50,000 points per month.
• Only the mentioned categories basis of the Merchant IDs/ Terminal IDs in the list shared by Flipkart Wholesale Partner will be applicable for relevant cashbacks. 
• Cashback accrued per calendar month will be auto-redeemed in successive statements 
• No conditions/thresholds on the minimum cashback balance are required for auto-redemption. 
• If the customer reverses a transaction, the corresponding cashback earned on that transaction will also be reversed.

The Flipkart Wholesale HDFC Bank Credit Card fees and charges are mentioned below in detail:

• Joining fee: Rs. 499 + applicable taxes.
• Annual fee: Rs. 499 + applicable taxes. 
• Add-on card fee: Nil.
• Foreign currency markup: 1% of the transaction value.
• Overlimit penalty: 2.5% of the over-limit amount (minimum Rs. 550).
• Payment return charges: 2% of the payment amount (minimum Rs. 450).
• Late fee of Insta Jumbo Loans: Rs. 500 + GST.
• Cash advance fee: 2.5% or Rs. 500, whichever is higher. 
• Conversion charges - Auto EMI: Interest rate of 20% p.a. & processing fee of Rs. 99 + GST. 
• Cash processing fee: Rs. 100 will be charged for all card payments in HDFC Bank branches or ATMs.
• Rewards redemption fee: Rs. 99 per redemption request.
• Railway ticket purchase fee: 1% of the transaction amount + GST. Reversed after the transaction. 
• Balance transfer processing charges: 1% of the transfer amount or Rs. 250, whichever is higher. 
• Duplicate physical statement charges: Rs. 10 per duplicate physical statement.
• Insta Loan & Jumbo Loan processing fee: Rs. 999 + GST.
• Smart EMI processing fee: Rs. 999 + GST
• Rent pay transaction fee: 1% fee of transaction amount. 
• Insta Loan, Jumbo Loan & Smart EMI pre-closure charges: 3% of the principal outstanding.
• Reissuance of lost/ stolen/ damaged card: Rs. 100
• Finance charges for revolving credit & cash advances: 3.60% p.m. (43.20% p.a.).
• Card validation charges: Rs. 2.
• Outstation cheque processing charge: Rs. 25 for cheque value up to Rs. 5,000 & Rs. 50 for above Rs. 5,000.
• Dynamic currency conversion markup fee: 1%.

Below are the Flipkart Wholesale HDFC Bank Credit Card eligibility criteria:

Eligibility for Salaried Applicant

• The applicant should hold the Flipkart Wholesale/ Best Price membership
• The applicant should be a self-employed Indian national. 
• The applicant must be aged at least 21 years and a maximum of 65 years.
• The Income Tax Returns (ITR) of the applicant should be above Rs. 6 Lakhs per annum.

You need to submit the following documents to apply for a Flipkart Wholesale HDFC Bank Card:

• Identity proof: PAN Card, Aadhar Card, Passport, Driving License, Voter ID Card, etc.
• Proof of residence: Passport, Aadhar Card, Driving License, Voter ID Card, Ration Card, Utility Bill Payment, Bank Account Statement, Property Registration Document, etc.
• Income proof: Last 2 months' salary slips, Form 16, and the previous 3 months' bank account statement.

Flipkart Wholesale HDFC Bank Credit Card is an exclusive credit card offered by HDFC Bank for Flipkart Wholesale customers (especially resellers and wholesalers). If you want the HDFC Bank Flipkart Wholesale Credit Card, you can apply for it on Flipkart Wholesale/ Best Price online platforms.