HDFC Tata Neu Plus Credit Card Review

HDFC Tata Neu Plus Credit card is a co-branded credit card launched by Tata Group (Tata Neu app) and HDFC Bank. There are two variants – Infinity and Plus and both these cards give good reward rates on spending on Tata brands

Tata Neu plus is the lower variant of the Tata Neu co-branded credit cards but had its own features which can make you take this card if you are not eligible for the higher variant.

Let’s go into more details.

Fee and Charges

Joining FeeRs 499 + GST
Welcome benefit499 Neu coins (equal to Rs 499)
Annual FeeRs 499+GST
Fee waiverSpend Rs 1 Lac in anniversary year for fee waiver
The fee of 499 is there but there are people who are getting these cards first year free (FYF) or Lifetime free (LTF) without the welcome benefits.

Rewards Rate

The rewards are offered in the form of Neu coins which is the loyalty reward points usable on Tata Neu app.

  • Value of 1 Neu coin = Rs 1
  • Expiry of 1 Neu coin = 1 year

Since its a Tata co-branded card, the reward rate on Tata products would naturally be higher than at other brands.

CategoryEarning rate
Tata brands (non EMI) offline2%
Tata brands (non EMI) on Tata Neu app*7% (2%+5%)
Non Tata brands & merchant EMIs (any brand)1%
UPI Spends on Rupay Card1% **
*Tata Neu offers 5% Neu coins on all transactions done through Tata Neu App
** Neu coins earned through UPI payments are capped at 500 Neu coins per calendar month

Additional Cappings
Grocery Spends – Capped at 1,000 NeuCoins/month
Insurance spends – Capped at 2000 NeuCoins/day
NeuCoins will be calculated and posted on nearest round integer, for example Rs 140 transaction will be
calculated as (130*1% = 1.3 NeuCoins = 1 NeuCoin (round to nearest integer)

NeuCoins will not be accrued for the following spends/transactions on the card
o Fuel Spends
o Wallet loads / Gift or Prepaid Card load/ Voucher purchase
o Smart EMI / Dial an EMI transaction
o Rental and Government related transactions

Brands covered
– Tata 1MG
– Bigbasket
– Croma
– Air Asia
– Tata CliQ
– IHCL (TAJ group of Hotels)
– Westside
– Qmin
– Tata Play
– Cult
– Titan
– Tanishq

Lounge Benefit
The card offers 1 domestic lounge/quarter on Visa/Rupay network (For list of lounges, please click here

Eligibility Criteria

For Salaried Indian national
Age: Min 21 years & Max 60 Years
Net Monthly Income > ₹25,000

For Self Employed Indian national
Age: Min 21 years & Max 65 Years
ITR > Rs 6 Lakhs per annum

Rewards Redemption

The card statement will show the Neucoins earned per transaction. And the earned neu coins are transferred within 7 days to your linked Tata Neu account. You can redeem these coins through the Neu app or through brand websites or physical store.

As mentioned above, The value of 1 Neu coin = Rs 1

My Final Words

Regarding this Neu plus card, I will say there are better cards but the Tata Neu card is good for you if you are starting out with your credit card journey as its a beginner card. If you are eligible for the higher variant – Neu Infinity, then I will suggest you to take higher variant but if not then this card can also work out well for you.

One, it is entry level card and easy to get through Tata Neu app. Lot of people got this pre-approved basis their Tata Neu spending.

This card can also be good for you if you are frequent shopper on Tata Brands and use Tata Neu app since it gives 2% cashback.

Third and major benefit for this card is the Rupay network (if you opt) where in you can link your Rupay credit card to your UPI account and make the payment in same manner as you use google pay or Paytm UPI by scanning QR code.
Please note that since UPI and the Rupay card are linked through the same mobile numbers and while physical card you can give to your family member for swiping, but UPI /Rupay card is linked to your phone number and non transferable for use.

I personally think that using this card on UPI is the best thing for you since you get the 1% cashback on UPI payments which you normally wouldnot have got. For this purpose, I got this card under a family members name so they can also get the UPI Cashback since they can’t use my card on their phone app.

if you are planning to apply for this card, please use my referral code – TARU238 to apply.

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