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Chapter-1 Introduction
A credit card is a payment card issued to users as a system of payment.
It allows the cardholder to pay for goods and services based on the
holder's promise to pay for them. The issuer of the card creates a
revolving account and grants a line of credit to the consumer (or the user)
from which the user can borrow money for payment to a merchant or as a
cash advance to the user.
A credit card is different from a charge card: a charge card requires the
balance to be paid in full each month.
[2]
In contrast, credit cards allow the
consumers a continuing balance of debt, subject to interest being charged.
A credit card also differs from a cash card, which can be used like
currency by the owner of the card.
The size of most credit cards is 85.60 53.98 mm (3
3
/
8
2
1
/
8
in),
[3]
and
conform to the ISO/IEC 7810 ID-1 standard. Credit cards have an
embossed bank card number complying with the ISO/IEC 7812
numbering standard.






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Chapter-2 Background behind using
Credit Card
HI STORY
The concept of using a card for purchases was described in 1887 by
Edward Bellamy in his utopian novel Looking Backward. Bellamy used
the term credit card eleven times in this novel.
The modern credit card was the successor of a variety of merchant credit
schemes. It was first used in the 1920s, in the United States, specifically
to sell fuel to a growing number of automobile owners. In 1938 several
companies started to accept each other's cards. Western Union had begun
issuing charge cards to its frequent customers in 1921. Some charge cards
were printed on paper card stock, but were easily counterfeited.
The Charga-Plate, developed in 1928, was an early predecessor to the
credit card and used in the U.S. from the 1930s to the late 1950s. It was a
2 in 1 in rectangle of sheet metal related to Addressograph and
military dog tag systems. It was embossed with the customer's name, city
and state. It held a small paper card for a signature. In recording a
purchase, the plate was laid into a recess in the imprinter, with a paper
"charge slip" positioned on top of it. The record of the transaction
included an impression of the embossed information, made by the
imprinter pressing an inked ribbon against the charge slip. Charga-Plate
was a trademark of Farrington Manufacturing Co. Charga-Plates were
issued by large-scale merchants to their regular customers, much like
department store credit cards of today. In some cases, the plates were kept
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in the issuing store rather than held by customers. When an authorized
user made a purchase, a clerk retrieved the plate from the store's files and
then processed the purchase. Charga-Plates speeded back-office
bookkeeping that was done manually in paper ledgers in each store,
before computers.
In 1934, American Airlines and the Air Transport Association simplified
the process even more with the advent of the Air Travel Card.
[6]
They
created a numbering scheme that identified the Issuer of card as well as
the Customer account. This is the reason the modern UATP cards still
start with the number 1. With an Air Travel Card passengers could "buy
now, and pay later" for a ticket against their credit and receive a fifteen
percent discount at any of the accepting airlines. By the 1940s, all of the
major domestic airlines offered Air Travel Cards that could be used on 17
different airlines. By 1941 about half of the Airlines Revenues came
through the Air Travel Card agreement. The Airlines had also started
offering installment plans to lure new travelers into the air. In October
1948 the Air Travel Card became the first inter-nationally valid Charge
Card within all members of the International Air Transport Association.
The concept of customers paying different merchants using the same card
was expanded in 1950 by Ralph Schneider and Frank McNamara,
founders of Diners Club, to consolidate multiple cards. The Diners Club,
which was created partially through a merger with Dine and Sign,
produced the first "general purpose" charge card, and required the entire
bill to be paid with each statement. That was followed by Carte Blanche
and in 1958 by American Express which created a worldwide credit card
network (although these were initially charge cards that acquired credit
card features after Bank Americard demonstrated the feasibility of the
concept).
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However, until 1958, no one had been able to create a working revolving
credit financial instrument issued by a third-party bank that was generally
accepted by a large number of merchants (as opposed to merchant-issued
revolving cards accepted by only a few merchants). A dozen experiments
by small American banks had been attempted (and had failed). In
September 1958, Bank of America launched the Bank Americard in
Fresno, California. Bank Americard became the first successful
recognizably modern credit card (although it underwent a troubled
gestation during which its creator resigned), and with its overseas
affiliates, eventually evolved into the Visa system. In 1966, the ancestor
of MasterCard was born when a group of banks established Master
Charge to compete with BankAmericard; it received a significant boost
when Citibank merged its proprietary Everything Card (launched in
1967) into Master Charge in 1969.
Early credit cards in the U.S., of which Bank Americard was the most
prominent example, were mass produced and mass mailed unsolicited to
bank customers who were thought to be good credit risks. But, "They
have been mailed off to unemployables, drunks, narcotics addicts and to
compulsive debtors, a process President Johnson's Special Assistant Betty
Furness found very like 'giving sugar to diabetics'." These mass mailings
were known as "drops" in banking terminology, and were outlawed in
1970 due to the financial chaos they caused, but not before 100 million
credit cards had been dropped into the U.S. population. After 1970, only
credit card applications could be sent unsolicited in mass mailings.
The fractured nature of the U.S. banking system under the GlassSteagall
Act meant that credit cards became an effective way for those who were
traveling around the country to move their credit to places where they
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could not directly use their banking facilities. In 1966 Barclaycard in the
UK launched the first credit card outside of the U.S.
There are now countless variations on the basic concept of revolving
credit for individuals (as issued by banks and honored by a network of
financial institutions), including organization-branded credit cards,
corporate-user credit cards, store cards and so on.
Although credit cards reached very high adoption levels in the US,
Canada and the UK in the mid twentieth century, many cultures were
more cash-oriented, or developed alternative forms of cash-less
payments, such as Carte bleue or the Eurocard (Germany, France,
Switzerland, and others). In these places, adoption of credit cards was
initially much slower. It took until the 1990s to reach anything like the
percentage market-penetration levels achieved in the US, Canada, or UK.
In some countries, acceptance still remains poor as the use of a credit card
system depends on the banking system being perceived as reliable.
Japan remains a very cash oriented society, with credit card adoption
being limited to only the largest of merchants, although an alternative
system based on RFIDs inside cellphones has seen some acceptance.
Because of strict regulations regarding banking system overdrafts, some
countries, France in particular, were much faster to develop and adopt
chip-based credit cards which are now seen as major anti-fraud credit
devices. Debit cards and online banking are used more widely than credit
cards in some countries.
The design of the credit card itself has become a major selling point in
recent years. The value of the card to the issuer is often related to the
customer's usage of the card, or to the customer's financial worth. This
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has led to the rise of Co-Brand and Affinity cards, where the card design
is related to the "affinity" (a university or professional society, for
example) leading to higher card usage. In most cases a percentage of the
value of the card is returned to the affinity group.











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Chapter-3 Features of Credit
Cards
FEATURES

For a fresh applicant card is issued for one year , which is renewed
for 2 year on each expiry therafter.

For photo card rs. 50/- is charged each time the photo is emboseed.

The cheque encashment facility limit is rs. 2,500/- which is free of
charge & available at all branches of central bank of india.

Either you can avail the total amt of rs. 5000 , in one month by way
of signing the chargeslip i.e. through cash advance facility or if you
so desire , you can avail of both the facilities. Then under cheque
encashment you are allowed to have rs. 2,500(maximum) & the
rest through cash advance facility, since the aggregate limit when
taken together is rs. 5000 per month only.

If you do not pay the card usage within the stipulated due date,
service charges @2.5% per month is levied (computed monthly)
until the outstanding is fully paid off.
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CHAPTER- 4 Types of CREDIT
CARDS
Categories OF CREDI T CARDS
Credit cards have come to the rescue of people with hot pockets. They,
nowadays, put their trust in the innovation of credit cards where they
need not carry large sums of money with them; instead simply carry a
credit card which is linked up with their bank account enabling them to
make payments without batting an eye.
It is a trend, now, to make payments at a hotel, restaurant or a
departmental store/ mall using a credit card. Because of the fear of one's
bank account details being swiped and stolen, more and more credit cards
are made secure so that even if a credit card is stolen, the money in one's
bank account stays safe.
Credit cards now are of various types with different fees, interest rates
and rewarding programs. When applying for a credit card, it is important
to learn of their diverse types to know the one best suited to their lifestyle
and financial status. Different types of credit cards available by banks and
other companies/organizations are briefly described below
Standard Credit Card: This is the most commonly used. One is
allowed to use money up to a certain limit. The account holder has to top
up the amount once the level of the balance goes down. An outstanding
balance gets a penalty charge.
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Premium Credit Card: This has a much higher bank account and
fees. Incentives are offered in this over and above that in a standard card.
Credit card holders are offered travel incentives, reward points, cask back
and other rewards on the use of this card. This is also called the Reward
Credit Card. Some examples are: airlines frequent flier credit card, cash
back credit card, automobile manufacturers' rewards credit card. Platinum
and Gold, MasterCard and Visa card fall into this category.
Secured Credit Card: People without credit history or with tarnished
credit can avail this card. A security deposit is required amounting to the
same as the credit limit. Revolving balance is required according to the
'buying and selling' done.
Limited Purpose Credit Card: There is limitation to its use and is
to be used only for particular applications. This is used for establishing
small credits such as gas credits and credit at departmental stores.
Minimal charges are levied.
Charge Credit Card: This requires the card holder to make full
payment of the balance every month and therefore there is no limit to
credit. Because of the spending flexibility, the card holder is expected to
have a higher income level and high credit score. Penalty is incurred if
full payment of the balance is not done in time.
Specialty Credit Card: is used for business purposes enabling
businessmen to keep their businesses transactions separately in a
convenient way. Charge cards and standard cards are available for this.
Also, students enrolled in an accredited 4-year college/university course
can avail this benefit.
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Prepaid Credit Card: Here, money is loaded by the card holder on to
the card. It is like a debit card except that it is not tied up with a bank
account.
COLLECTI BLE CREDI T CARDS
A growing field of numismatics (study of money), or more specifically
exonumia (study of money-like objects), credit card collectors seek to
collect various embodiments of credit from the now familiar plastic cards
to older paper merchant cards, and even metal tokens that were accepted
as merchant credit cards. Early credit cards were made of celluloid
plastic, then metal and fiber, then paper, and are now mostly polyvinyl
chloride (PVC) plastic.







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Chapter-5 Working of Credit Cards
HOW CREDI T CARDS WORK
Credit cards are issued by a credit card issuer, such as a bank or credit
union, after an account has been approved by the credit provider, after
which cardholders can use it to make purchases at merchants accepting
that card. Merchants often advertise which cards they accept by
displaying acceptance marks generally derived from logos or may
communicate this orally, as in "We take (brands X, Y, and Z)" or "We
don't take credit cards".
When a purchase is made, the credit card user agrees to pay the card
issuer. The cardholder indicates consent to pay by signing a receipt with a
record of the card details and indicating the amount to be paid or by
entering a personal identification number (PIN). Also, many merchants
now accept verbal authorizations via telephone and electronic
authorization using the Internet, known as a card not present transaction
(CNP).
Electronicverification systems allow merchants to verify in a few seconds
that the card is valid and the credit card customer has sufficient credit to
cover the purchase, allowing the verification to happen at time of
purchase. The verification is performed using a credit card payment
terminal or point-of-sale (POS) system with a communications link to the
merchant's acquiring bank. Data from the card is obtained from a
magnetic stripe or chip on the card; the latter system is called Chip and
PIN in the United Kingdom and Ireland, and is implemented as an EMV
card.
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For card not present transactions where the card is not shown (e.g., e-
commerce, mail order, and telephone sales), merchants additionally
verify that the customer is in physical possession of the card and is the
authorized user by asking for additional information such as the security
code printed on the back of the card, date of expiry, and billing address.
Each month, the credit card user is sent a statement indicating the
purchases undertaken with the card, any outstanding fees, and the total
amount owed. After receiving the statement, the cardholder may dispute
any charges that he or she thinks are incorrect (see 15 U.S.C. 1643,
which limits cardholder liability for unauthorized use of a credit card to
$50, and the Fair Credit Billing Act for details of the US regulations).
Otherwise, the cardholder must pay a defined minimum proportion of the
bill by a due date, or may choose to pay a higher amount up to the entire
amount owed. The credit issuer charges interest on the amount owed if
the balance is not paid in full (typically at a much higher rate than most
other forms of debt). In addition, if the credit card user fails to make at
least the minimum payment by the due date, the issuer may impose a
"late fee" and/or other penalties on the user. To help mitigate this, some
financial institutions can arrange for automatic payments to be deducted
from the user's bank accounts, thus avoiding such penalties altogether as
long as the cardholder has sufficient funds.
Many banks now also offer the option of electronic statements, either in
lieu of or in addition to physical statements, which can be viewed at any
time by the cardholder via the issuer's online banking website.
Notification of the availability of a new statement is generally sent to the
cardholder's email address. If the card issuer has chosen to allow it, the
cardholder may have other options for payment besides a physical check,
such as an electronic transfer of funds from a checking account.
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Depending on the issuer, the cardholder may also be able to make
multiple payments during a single statement period, possibly enabling
him or her to utilize the credit limit on the card several times over.
I NTEREST CHARGES
Credit card issuers usually waive interest charges if the balance is paid in
full each month, but typically will charge full interest on the entire
outstanding balance from the date of each purchase if the total balance is
not paid.
For example, if a user had a $1,000 transaction and repaid it in full within
this grace period, there would be no interest charged. If, however, even
$1.00 of the total amount remained unpaid, interest would be charged on
the $1,000 from the date of purchase until the payment is received. The
precise manner in which interest is charged is usually detailed in a
cardholder agreement which may be summarized on the back of the
monthly statement. The general calculation formula most financial
institutions use to determine the amount of interest to be charged is
APR/100 x ADB/365 x number of days revolved. Take the annual
percentage rate (APR) and divide by 100 then multiply to the amount of
the average daily balance (ADB) divided by 365 and then take this total
and multiply by the total number of days the amount revolved before
payment was made on the account.
Financial institutions refer to interest charged back to the original time of
the transaction and up to the time a payment was made, if not in full, as
RRFC or residual retail finance charge. Thus after an amount has
revolved and a payment has been made, the user of the card will still
receive interest charges on their statement after paying the next statement
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in full (in fact the statement may only have a charge for interest that
collected up until the date the full balance was paid, i.e. when the balance
stopped revolving).
The credit card may simply serve as a form of revolving credit, or it may
become a complicated financial instrument with multiple balance
segments each at a different interest rate, possibly with a single umbrella
credit limit, or with separate credit limits applicable to the various
balance segments. Usually this compartmentalization is the result of
special incentive offers from the issuing bank, to encourage balance
transfers from cards of other issuers. In the event that several interest
rates apply to various balance segments, payment allocation is generally
at the discretion of the issuing bank, and payments will therefore usually
be allocated towards the lowest rate balances until paid in full before any
money is paid towards higher rate balances. Interest rates can vary
considerably from card to card, and the interest rate on a particular card
may jump dramatically if the card user is late with a payment on that card
or any other credit instrument, or even if the issuing bank decides to raise
its revenue.
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Chapter-6 Merits of credit card to
different groups:
BENEFI TS TO CUSTOMERS
The main benefit to each customer is convenience. Compared to debit
cards and cheques, a credit card allows small short-term loans to be
quickly made to a customer who need not calculate a balance remaining
before every transaction, provided the total charges do not exceed the
maximum credit line for the card.
Different countries offer different levels of protection. In the UK, for
example, the bank is jointly liable with the merchant for purchases of
defective products over 100.
[8]

Many credit cards offer rewards and benefits packages, such as enhanced
product warranties at no cost, free loss/damage coverage on new
purchases, various insurance protections, for example, rental car
insurance, common carrier accident protection, and travel medical
insurance. Credit cards can also offer reward points which may be
redeemed for cash, products, or airline tickets.
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DETRI MENTS TO CUSTOMERS

High interest and bankruptcy
Low introductory credit card rates are limited to a fixed term, usually
between 6 and 12 months, after which a higher rate is charged. As all
credit cards charge fees and interest, some customers become so indebted
to their credit card provider that they are driven to bankruptcy. Some
credit cards often levy a rate of 20 to 30 percent after a payment is
missed.
[9]
In other cases a fixed charge is levied without change to the
interest rate. In some cases universal default may apply: the high default
rate is applied to a card in good standing by missing a payment on an
unrelated account from the same provider. This can lead to a snowball
effect in which the consumer is drowned by unexpectedly high interest
rates. Further, most card holder agreements enable the issuer to arbitrarily
raise the interest rate for any reason they see fit. First Premier Bank at
one point offered a credit card with a 79.9% interest rate, however they
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pulled the plug on this card in February 2011 because of persistent
defaults.
Complex fee structures in the credit card industry limit customers' ability
to comparison shop, help ensure that the industry is not price-competitive
and help maximize industry profits.
Inflated pricing for all consumers
Merchants that accept credit cards must pay interchange fees and discount
fees on all credit-card transactions. In some cases merchants are barred by
their credit agreements from passing these fees directly to credit card
customers, or from setting a minimum transaction amount (no longer
prohibited in the United States). The result is that merchants may charge
all customers (including those who do not use credit cards) higher prices
to cover the fees on credit card transactions. In the United States in 2008
credit card companies collected a total of $48 billion in interchange fees,
or an average of $427 per family, with an average fee rate of about 2%
per transaction.
Weakens self regulation
Several studies have shown that consumers are likely to spend more
money when they pay by credit card. Researchers suggest that when
people pay using credit cards, they do not experience the abstract pain of
payment. Furthermore, researchers have found that using credit cards can
increase consumption of unhealthy food.
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Grace period
A credit card's grace period is the time the customer has to pay the
balance before interest is assessed on the outstanding balance. Grace
periods may vary, but usually range from 20 to 55 days depending on the
type of credit card and the issuing bank. Some policies allow for
reinstatement after certain conditions are met.
Usually, if a customer is late paying the balance, finance charges will be
calculated and the grace period does not apply. Finance charges incurred
depend on the grace period and balance; with most credit cards there is no
grace period if there is any outstanding balance from the previous billing
cycle or statement (i.e. interest is applied on both the previous balance
and new transactions). However, there are some credit cards that will
only apply finance charge on the previous or old balance, excluding new
transactions.
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BENEFI TS TO MERCHANTS

An example of street markets accepting credit cards. Most simply display
the acceptance marks (stylized logos, shown in the upper-left corner of
the sign) of all the cards they accept.
For merchants, a credit card transaction is often more secure than other
forms of payment, such as cheques, because the issuing bank commits to
pay the merchant the moment the transaction is authorized, regardless of
whether the consumer defaults on the credit card payment (except for
legitimate disputes, which are discussed below, and can result in charges
back to the merchant). In most cases, cards are even more secure than
cash, because they discourage theft by the merchant's employees and
reduce the amount of cash on the premises. Finally, credit cards reduce
the back office expense of processing checks/cash and transporting them
to the bank.
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Prior to credit cards, each merchant had to evaluate each customer's credit
history before extending credit. That task is now performed by the banks
which assume the credit risk. Credit cards can also aid in securing a sale,
especially if the customer does not have enough cash on his or her person
or checking account. Extra turnover is generated by the fact that the
customer can purchase goods and/or services immediately and is less
inhibited by the amount of cash in his or her pocket and the immediate
state of his or her bank balance. Much of merchants' marketing is based
on this immediacy.
For each purchase, the bank charges the merchant a commission
(discount fee) for this service and there may be a certain delay before the
agreed payment is received by the merchant. The commission is often a
percentage of the transaction amount, plus a fixed fee (interchange rate).
In addition, a merchant may be penalized or have their ability to receive
payment using that credit card restricted if there are too many
cancellations or reversals of charges as a result of disputes. Some small
merchants require credit purchases to have a minimum amount to
compensate for the transaction costs.
In some countries, for example the Nordic countries, banks guarantee
payment on stolen cards only if an ID card is checked and the ID card
number/civic registration number is written down on the receipt together
with the signature. In these countries merchants therefore usually ask for
ID. Non-Nordic citizens, who are unlikely to possess a Nordic ID card or
driving license, will instead have to show their passport, and the passport
number will be written down on the receipt, sometimes together with
other information. Some shops use the card's PIN for identification, and
in that case showing an ID card is not necessary.
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Costs to merchants
Merchants are charged several fees for accepting credit cards. The
merchant is usually charged a commission of around 1 to 3 percent of the
value of each transaction paid for by credit card. The merchant may also
pay a variable charge, called an interchange rate, for each transaction.
[13]

In some instances of very low-value transactions, use of credit cards will
significantly reduce the profit margin or cause the merchant to lose
money on the transaction. Merchants with very low average transaction
prices or very high average transaction prices are more averse to
accepting credit cards. In some cases merchants may charge users a
"credit card supplement", either a fixed amount or a percentage, for
payment by credit card. This practice is prohibited by the credit card
contracts in the United States, although the contracts allow the merchants
to give discounts for cash payment.
Merchants are also required to lease processing terminals, meaning
merchants with low sales volumes may have to commit to long lease
terms. For some terminals, merchants may also need to subscribe to a
separate telephone line. Merchants must also satisfy data security
compliance standards which are highly technical and complicated. In
many cases, there is a delay of several days before funds are deposited
into a merchant's bank account. Because credit card fee structures are
very complicated, smaller merchants are at a disadvantage to analyze and
predict fees.
Finally, merchants assume the risk of chargebacks by consumers.
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Parties involved
Cardholder: The holder of the card used to make a purchase; the
consumer.
Card-issuing bank: The financial institution or other organization
that issued the credit card to the cardholder. This bank bills the
consumer for repayment and bears the risk that the card is used
fraudulently. American Express and Discover were previously the
only card-issuing banks for their respective brands, but as of 2007,
this is no longer the case. Cards issued by banks to cardholders in a
different country are known as offshore credit cards.
Merchant: The individual or business accepting credit card
payments for products or services sold to the cardholder.
Acquiring bank: The financial institution accepting payment for the
products or services on behalf of the merchant.
Independent sales organization: Resellers (to merchants) of the
services of the acquiring bank.
Merchant account: This could refer to the acquiring bank or the
independent sales organization, but in general is the organization
that the merchant deals with.
Credit Card association: An association of card-issuing banks such
as Discover, Visa, MasterCard, American Express, etc. that set
transaction terms for merchants, card-issuing banks, and acquiring
banks.
Transaction network: The system that implements the mechanics of
the electronic transactions. May be operated by an independent
company, and one company may operate multiple networks.
Affinity partner: Some institutions lend their names to an issuer to
attract customers that have a strong relationship with that
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institution, and get paid a fee or a percentage of the balance for
each card issued using their name. Examples of typical affinity
partners are sports teams, universities, charities, professional
organizations, and major retailers.
Insurance providers: Insurers underwriting various insurance
protections offered as credit card perks, for example, Car Rental
Insurance, Purchase Security, Hotel Burglary Insurance, Travel
Medical Protection etc.
The flow of information and money between these parties always
through the card associations is known as the interchange, and it
consists of a few steps.
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Chapter-7 Steps involved in Credit
Cards
TRANSACTION STEPS

Authorization: The cardholder presents the card as payment to
the merchant and the merchant submits the transaction to the
acquirer (acquiring bank). The acquirer verifies the credit card
number, the transaction type and the amount with the issuer (Card-
issuing bank) and reserves that amount of the cardholder's credit
limit for the merchant. An authorization will generate an approval
code, which the merchant stores with the transaction.
AUTHORIZATION
BACHING
CLEARING &
SETTELMENT
FUNDING
CHARGEBACKS
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Batching: Authorized transactions are stored in "batches", which
are sent to the acquirer. Batches are typically submitted once per
day at the end of the business day. If a transaction is not submitted
in the batch, the authorization will stay valid for a period
determined by the issuer, after which the held amount will be
returned to the cardholder's available credit (see authorization
hold). Some transactions may be submitted in the batch without
prior authorizations; these are either transactions falling under the
merchant's floor limit or ones where the authorization was
unsuccessful but the merchant still attempts to force the transaction
through.
Clearing and Settlement: The acquirer sends the batch
transactions through the credit card association, which debits the
issuers for payment and credits the acquirer. Essentially, the issuer
pays the acquirer for the transaction.
Funding: Once the acquirer has been paid, the acquirer pays the
merchant. The merchant receives the amount totaling the funds in
the batch minus either the "discount rate," "mid-qualified rate", or
"non-qualified rate" which are tiers of fees the merchant pays the
acquirer for processing the transactions.
Chargebacks: A chargeback is an event in which money in a
merchant account is held due to a dispute relating to the
transaction. Chargebacks are typically initiated by the cardholder.
In the event of a chargeback, the issuer returns the transaction to
the acquirer for resolution. The acquirer then forwards the
chargeback to the merchant, who must either accept the chargeback
or contest it.
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Chapter -8 CREDIT CARD
ISSUING BANKS IN INDIA
If you are planning to get a credit, the first thing you should know is
which are the credit card issuing banks in India. There are several banks
which provide credit cards in India. Given below is a list of Credit Card
service providing banks along with the various types of Credit Cards they
offer.
Indian Banks offering Credit Card facility to its
customers are:
Axis Bank
Bank of Baroda
Canara Bank
Corporation Bank
HDFC
ICICI Bank
Indian Overseas Bank
Kotak Mahindra.
Punjab National Bank
SBI
Syndicate Bank
Union Bank of India
Vijaya Bank

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Chapter-9 Types of Credit Cards
1.)SUPER PREMI UM
INFINIA

LOW-COST PRIVILEGES. ALWAYS.


With the HDFC Bank Infinia Credit Card, you can access the best things
in life at the lowest cost of ownership possible. Low-cost benefits that
come with this card are:
Low interest rate: You can enjoy upto 50 days of interest-free
credit period* with the HDFC Bank Infinia Credit Card. You also
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have the convenient option of managing your payments according
to your requirement. If you choose to carry forward your balance to
the next month, an unbelievably low interest rate of 1.99% per
month is applicable.
No cash withdrawal fee: Withdraw cash of upto 40% of your credit
limit without any cash withdrawal charges.
Lowest foreign currency markup fee: We understand that
international travel is an essential part of your life and hence your
HDFC Bank Infinia Credit Card offers you the lowest markup fee
of 2% on all foreign currency transactions.
No fuel surcharge: Enjoy 0% surcharge on all your fuel purchases
above Rs 400 across numerous fuel stations.

UNRESTRAINED SPENDING POWER


Shop without worrying about credit or spending limits. The HDFC Bank
Infinia Credit Card comes with a minimum credit limit of Rs 10 lakh and
the unique NPSL* (No Pre-set Spending Limit) feature. Whats more,
your card is safeguarded against fraudulent transactions, so that your
interests are protected, always.
DONT LOSE SLEEP OVER A LOST CARD
If you lose your HDFC Bank Infinia Credit Card, do not worry. All you
need to do is report the loss to us by calling our 24-hour call centre or the
dedicated customer care number. We will immediately block all
transactions on your card and deliver a new card at a nominal charge.
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Moreover, any fraudulent transactions after report of the loss will be
covered by insurance.
CARDS FOR YOUR ENTIRE FAMILY
The benefits of your HDFC Bank Infinia Credit Card can be utilized by
your family members too. You can avail of upto 3 add-on cards for your
spouse, parents, siblings, son and/or daughter (over 18 years and not >70
years).
2.)REGELIA CARD

ou will get some exclusive features and benefits with your HDFC Bank
Regalia Card
WELCOME BENEFIT
Get 10000 Reward Points and a renewal benefit with 2500 reward
points
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TRAVEL & ENTERTAINMENT PORTAL
Find the best prices and super deals on your flight tickets, hotel
bookings and movie tickets with ease on our online Travel &
Entertainment Portal.
Visit www.hdfcbankregalia.com and earn 8 Reward Points for
every Rs. 150 spent on this portal. Redeem your reward points
against Regalia Vouchers on airline tickets, hotel bookings or
movie tickets with your HDFC Bank Regalia Credit Card.

COMPLIMENTARY TAJ EPICURE PLUS
MEMBERSHIP

Enjoy a complimentary Taj Epicure Plus Membership Card that
entitles you to some very exquisite benefits* at Taj Hotels and
Resorts. With the Gold level status at the TajInnerCircle you earn
2.5 Epicure Points (each point worth Rs. 10) for every Rs. 100
spent on food and beverages at participating restaurants in India.
You can redeem your points for meals and holidays at the Taj or
simply use them to pay your dining and hotel room bills. Two
certificates for 50% off on the rack rate during weekends at select
Taj hotels (Check-in on a Friday or Saturday and check-out on a
Saturday or Sunday).

A certificate for 50% off on a buffet lunch at a Taj Coffee Shop
between Monday and Saturday.
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A voucher for a complimentary round of drinks at participating
bars and restaurants on any evening of the week.

Stay benefits such as: Reward Points each time you stay, 10%
discount on the rack rate at Taj Leisure Hotels in India, 10%
discount on telephone and fax usage charges, 15% discount on
laundry and 20% discount on business centre services.

FANTASTIC REWARDS

Celebrate the power of unparalleled rewards exclusively on your
Visa Regalia Credit Card. Now with every Rs. 150 that you spend,
you get:
8 Reward Points on all purchases at www.hdfcbankregalia.com
6 Reward Points on all your dining spends
4 Reward Points on all other spends

3.)SUPER PROTECTION BENEFITS
We provide you excellent insurance cover
Accidental Death: In case of death in an air accident, your
nominated next of kin will receive a compensation of Rs. 1 Crore.
Emergency Hospitalization: Protection of up to Rs. 12 Lakhs
against any medical emergency when you are travelling abroad.
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ROCK BOTTOM INTEREST RATES

Enjoy up to 50 days of interest free credit and manage your
payments at your convenience. You can choose to pay only the
minimum amount due (5% of total amount due subject to a
minimum of Rs. 200) or any portion of the total amount due that is
greater than the minimum amount due, whichever is convenient for
you. You can carry forward the balance amount to next month at an
extremely low interest charge of just 1.99% per month.
SPECIAL OFFERS

Get an exclusive offer from Matrix Cellular on HDFC Bank
Premium Credit cards. For other similar offers visit HDFC Bank
SmartBuy.
4.)JETPRIVILEGE HDFC BANK WORLD
CREDIT CARD

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ELIGIBILITY
You are eligible for a JetPrivilege HDFC Bank World Credit Card based
on the following
FOR SALARIED
Minimum Age 21 years
Maximum Age 60 years
FOR SELF-EMPLOYED
Minimum Age 21 years
Maximum Age 65 years
You will get the following exclusive features and benefits with your
JetPrivilege HDFC Bank World Credit Card

WELCOME BENEFIT

1. Embark on your exciting journey with one complimentary Jet
Airways


2. Avail of up to 10,000 Bonus Miles, which includes,
o 5,000 Bonus JPMiles on the first swipe of your card within
90 days of card setup
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o 5,000 Bonus JPMiles on the total retail spends of Rs. 75,000
and above, within 90 days of the card setup

3. Experience luxury and savings with a discount voucher* worth
Rs 750/- to be availed for booking a return ticket on
www.jetairways.com or www.jetkonnect.com
*Terms and Conditions apply, kindly click here for Base Fare
Waived complementary Ticket TnC and click here for discount
voucher TnC
JPMILES REWARD PROGRAM
o Enjoy 6 JPMiles on every Rs. 150 spent on retail expenses
with your HDFC Bank World MasterCard Credit Card.
o Get 3 times more than you ask for with the 'triple reward' on
every flight ticket booked on www.jetairways.com or
www.jetkonnect.com.
Note: Only retail purchases qualify for JPMiles. Cash advance,
fees and other charges do not accrue any JPMiles. Transaction
amounts less than Rs. 150 will not accrue any JPMiles.
TIER POINTS

Get one 'Tier Point' in your JetPrivilege Frequent Flier
Membership on every Rs. 2,00,000/- spend (retail) on your card.

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PRIVILEGES ON JET AIRWAYS AND JET
KONNECT
o Avail of a 5% discount* on all domestic air ticket (revenue
flights) bookings, made on www.jetairways.com or
www.jetkonnect.com
o Enjoy premier check-in for all domestic flights of
JetAirways and JetKonnect
o Benefit from a 10 kg additional baggage allowance on all
domestic JetAirways flights
*Terms and Conditions apply, kindly click here to read through the
terms and conditions
PRIORITY PASS MEMBERSHIP
Your HDFC Bank JetPrivilege World Credit Card offers you a
complimentary Priority Pass membership* that allows you
preferential access# to more than 600 airport lounges around the
world, no matter which airline or class you fly. It offers you well
deserved rest, refreshment and the use of business facilities like
phones, fax, internet access and conference rooms. You will surely
find it useful to relieve travel fatigue and escape airport chaos.
* Priority Pass membership worth $99 per annum is
complimentary.
A usage fee of up to $27 per person per visit (including any
accompanying guest) will be charged to the Card Account. The
above fee is indicative and usage charges may vary from lounge to
lounge.
Please visit www.prioritypass.com for more details.
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MASTERCARD LOUNGE PROGRAM

Be greeted with luxury each time you travel, with access to select
lounges at airports in India under the MasterCard Lounge Access
Program*
* MasterCard Feature
FUEL SURCHARGE WAIVER

Enjoy complete freedom from fuel surcharge when you purchase
fuel between Rs. 400 and Rs. 5000 across all fuel stations..
ZERO LIABILITY ON LOST CARD

If you lose your Card, report it immediately to our 24-hour call
centre. After reporting the loss, you have a zero liability on any
fraudulent transactions made with your card.
REVOLVING CREDIT
Enjoy Revolving Credit on your Credit Card at an interest rate of
3.05% per month.
INTEREST FREE CREDIT
Avail up to 50 interest free days from the date of purchase (subject
to the submission of the charge)
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5.)JETPRIVILEGE HDFC BANK PLATINUM
CREDIT CARD

ELIGIBILITY
You are eligible for a JetPrivilege HDFC Bank Platinum Credit Card
based on the following
FOR SALARIED
Minimum Age 21 years
Maximum Age 60 years
FOR SELF-EMPLOYED
Minimum Age 21 years
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Maximum Age 65 years
You will get some exclusive features and benefits with your JetPrivilege
HDFC Bank Platinum Credit Card
WELCOME BENEFIT

1. Embark on your exciting journey with one complimentary Jet
Airways Ticket* (Base Fare Waived)


2. Avail of up to 4,000 Bonus Miles, which includes,
o 2,000 Bonus JPMiles on the first swipe of your card within
90 days of card setup
o 2,000 Bonus JPMiles on the total retail spends of Rs. 50,000
and above, within 90 days of the card setup

3. Experience luxury and savings with a discount voucher* worth
Rs 750/- to be availed for booking a return ticket on
www.jetairways.com or www.jetkonnect.com
*Terms and Conditions apply, kindly click here for Base Fare
Waived complementary Ticket TnC and click here for discount
voucher TnC


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JPMILES REWARD PROGRAM
o Enjoy 5 JPMiles on every Rs. 150 spent on retail expenses
with your JetPrivilege HDFC Bank Platinum Credit Card.
o Get 3 times more JPMiles on every flight ticket booked on
www.jetairways.com or www.jetkonnect.com.
Note: Only retail purchases qualify for JPMiles. Cash advance,
fees and other charges do not accrue any JPMiles. Transaction
amounts less than Rs. 150 will not accrue any JPMiles.
PRIVILEGES ON JET AIRWAYS AND JET
KONNECT
o Avail of a 5% discount* on all domestic air ticket (revenue
flights) bookings, made on www.jetairways.com or
www.jetkonnect.com
*Terms and Conditions apply, kindly click here to read through the
terms and conditions
MASTERCARD LOUNGE PROGRAM

Be greeted with luxury each time you travel, with access to select
lounges at airports in India under the MasterCard Lounge Access
Program*
* MasterCard Feature


CREDIT CARD INDUSTRIES IN INDIA

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FUEL SURCHARGE WAIVER

Enjoy complete freedom from fuel surcharge when you purchase fuel
between Rs. 400 and Rs. 5000 across all fuel stations..
ZERO LIABILITY ON LOST CARD

If you lose your Card, report it immediately to our 24-hour call
centre. After reporting the loss, you have a zero liability on any
fraudulent transactions made with your card.
REVOLVING CREDIT

Enjoy Revolving Credit on your Credit Card at an interest rate of
3.05% per month.
INTEREST FREE CREDIT

Avail up to 50 interest free days from the date of purchase (subject
to the submission of the charge by the Merchant).



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6.)JETPRIVILEGE HDFC BANK TITANIUM
CREDIT CARD


ELIGIBILITY
You are eligible for a JetPrivilege HDFC Bank Titanium Credit Card
based on the following
FOR SALARIED
Minimum Age 21 years
Maximum Age 60 years
FOR SELF-EMPLOYED
Minimum Age 21 years
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Maximum Age 65 years
You will get some exclusive features and benefits with your JetPrivilege
HDFC Bank Titanium Credit Card
WELCOME BENEFIT

1. Avail of up to 2,000 Bonus Miles, which includes,
o 1,000 Bonus JPMiles on the first swipe of your card within
90 days of card setup
o 1,000 Bonus JPMiles on the total retail spends of Rs. 25,000
and above, within 90 days of the card setup

2. Experience luxury and savings with a discount voucher* worth
Rs 750/- to be availed for booking a return ticket on
www.jetairways.com or www.jetkonnect.com
*Terms and Conditions apply, kindly click here for Base Fare
Waived complementary Ticket TnC and click here for discount
voucher TnC
JPMILES REWARD PROGRAM
o Enjoy 4 JPMiles on every Rs. 150 spent on retail expenses
with your JetPrivilege HDFC Bank Titanium Credit Card
o Get 3 times more JPMiles on every flight ticket booked on
www.jetairways.com or www.jetkonnect.com.
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Note: Only retail purchases qualify for JPMiles. Cash advance,
fees and other charges do not accrue any JPMiles. Transaction
amounts less than Rs. 150 will not accrue any JPMiles.
MASTERCARD LOUNGE PROGRAM

Be greeted with luxury each time you travel, with access to select
lounges at airports in India under the MasterCard Lounge Access
Program*
* MasterCard Feature
FUEL SURCHARGE WAIVER

Enjoy complete freedom from fuel surcharge when you purchase
fuel between Rs. 400 and Rs. 5000 across all fuel stations..
ZERO LIABILITY ON LOST CARD

If you lose your Card, report it immediately to our 24-hour call
centre. After reporting the loss, you have a zero liability on any
fraudulent transactions made with your card.
REVOLVING CREDIT

Enjoy Revolving Credit on your JetPrivilege HDFC Bank Titanium
Credit Card at an interest rate of 3.15% per month.
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INTEREST FREE CREDIT

Avail up to 50 interest free days from the date of purchase (subject
to the submission of the charge by the Merchant).
7.)PLATINUM PLUS CREDIT CARD

ELIGIBILITY
You are eligible for a Platinum Plus Credit Card based on the following:
SALARIED EMPLOYEE
Minimum Age 21 years
Maximum Age 60 years
SELF EMPLOYED
Minimum Age 21 years
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Maximum Age 65 years
You will get some exclusive features and benefits with your HDFC Bank
Platinum Plus Credit Card
ATTRACTIVE REWARD POINTS

Earn 2 Reward Points on every Rs. 150 for spends up to Rs. 50,000
per statement cycle. For incremental spends above Rs. 50,000 in a
statement cycle, earn 50% more Reward Points i.e. 3 Reward
Points per Rs. 150.
0% FUEL SURCHARGE

Enjoy complete freedom from fuel surcharge when you purchase
fuel between Rs. 400 and Rs. 5,000 with your Platinum Plus Credit
Card.
ZERO LIABILITY ON LOST CARD

If you lose your Credit Card, report it immediately to our 24-hour
call centre. After reporting the loss, you carry zero liability on any
fraudulent transactions made with your card.
INTEREST FREE CREDIT FACILITY

Avail of up to 50 days interest free from the date of purchase
(subject to the submission of the charge by the Merchant).
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REVOLVING CREDIT FACILITY

Enjoy the Revolving Credit facility on your Platinum Plus Credit
Card at an interest rate of 3.15% per month.
FREE ADD-ON CARD

Share the excellent features of your Platinum Plus Credit Card with
your loved ones. Get up to 3 lifetime free add-on cards, which you
can give to your spouse, children (above 18 years of age), parents,
brothers or sisters.
UTILITY BILLS PAYMENTS

Register your Platinum Plus Credit Card with SmartPay, HDFC
Bank's Utility Bill payment service. You can then ensure that all
your utility bills are paid on time, conveniently and easily.
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8.)TITANIUM CREDIT CARD


ELIGIBILITY
You are eligible for a Titanium Credit Card based on the following:
SALARIED EMPLOYEE
Minimum Age 21 years
Maximum Age 60 years
SELF EMPLOYED
Minimum Age 21 years
Maximum Age 65 years
You will get some exclusive features and benefits with your HDFC Bank
Titanium Credit Card
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TITANIUM REWARDS

Earn 2 Reward Points for every Rs.150 when you spend up to Rs.
35,000 per statement cycle. For incremental spends above Rs.
35,000 in a statement cycle, earn 50% more Reward Points (i.e. 3
Reward Points per Rs. 150).
ZERO PETROL SURCHARGE

Enjoy the benefit of zero fuel surcharge when you purchase fuel
between Rs. 400 and Rs. 5,000 with your Titanium Credit Card.
ZERO LIABILITY ON LOST CARD

If you lose your Card, report it immediately to our 24-hour call
centre. After reporting the loss, you carry zero liability on any
fraudulent transactions made with your card.
INTEREST-FREE CREDIT FACILITY

Avail of up to 50 interest free days from the date of purchase
(subject to the submission of the charge by the Merchant).
REVOLVING CREDIT FACILITY

You can enjoy the Revolving Credit facility that comes with your
Titanium Credit Card at an interest rate of 3.15% per month.
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9.)GOLD CREDIT CARD

ELIGIBILITY
You are eligible for a Gold Credit Card based on the following:
SALARIED EMPLOYEE
Minimum Age 21 years
Maximum Age 60 years

SELF EMPLOYED
Minimum Age 21 years
Maximum Age 65 years

You will get some exclusive features and benefits with your HDFC Bank
Gold Credit Card
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ATTRACTIVE REWARD POINTS

Earn 1 Reward Point for every Rs.150 for spends up to Rs. 20,000
per statement cycle. For incremental spends above Rs. 20,000 in a
statement cycle, earn 50% more Reward Points i.e. 1.5 Reward
Points per Rs. 150.
REDEMPTION OF REWARD POINTS

After earning all those reward points on your HDFC Bank Gold
Credit Card, redeem them for exciting gifts and services! You
could even convert them to airline miles with India's leading
airlines through the MyRewards program.
ACCEPTED WORLDWIDE

Your Gold Credit Card is accepted at over 23 million Merchant
Establishments around the world, including 110,000 in India.
REVOLVING CREDIT

Pay a minimum amount, which is 5% (subject to a minimum
amount of Rs.200) of your total bill amount or any higher amount
whichever is convenient and carry forward the balance to a better
financial month. For this facility you pay a nominal charge of just
3.25% per month (39.0% annually).
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FREE ADD-ON CARD

We offer you the option of an add-on card for your spouse,
children or parents at no extra cost.
INTEREST FREE CREDIT

Avail up to 50 interest free days from the date of purchase (subject
to the submission of the charge by the Merchant).
ZERO LIABILITY ON LOST CARD

If you lose your Card, report it immediately to our 24-hour call
centre. After reporting the loss, you carry zero liability on any
fraudulent transactions made with your card.
10.)WOMEN GOLD CREDIT CARD

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ELIGIBILITY
You are eligible for a Womens Credit Card based on the following:
SALARIED EMPLOYEE
Minimum Age 21 years
Maximum Age 60 years
SELF EMPLOYED
Minimum Age 21 years
Maximum Age 65 years
You will get some exclusive features and benefits with your HDFC Bank
Womens Gold Credit Card
ATTRACTIVE REWARDS PROGRAMME

Earn 1 Reward Point for every Rs. 150 spent up to Rs. 20,000 per
statement cycle. For any incremental amount spent above Rs.
20,000 in a statement cycle, earn 50% more Reward Points (i.e. 1.5
Reward Points per Rs. 150).
TONS OF REDEMPTION CHOICES

MyRewards gives you an array of redemption opportunities for
your points; from microwaves to refrigerators, from Barbie dolls to
the latest fashion labels. Thats not all; you can also redeem your
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53
accumulated reward points for air miles on leading airlines
including Jet Airways, Air India and Kingfisher Airlines.
REVOLVING CREDIT FACILITY

Pay a minimum amount, which is 5% (subject to a minimum
amount of Rs. 200) of your total Credit Card bill or any higher
amount as per your convenience and carry the balance forward to
the following months. Pay a nominal charge of 3.25% per month
(39% annually) for revolving credit.
INTEREST FREE CREDIT

Avail of up to 50 interest free days from the date of purchase
(subject to the submission of the charge by the Merchant).
WORLDWIDE ACCEPTANCE

Accepted at over 23 million merchant establishments around the
world, including 110,000 merchant establishments in India.
ZERO LIABILITY ON LOST CARD

If you lose your Card, report it immediately to our 24-hour call
centre. After reporting the loss, you carry zero liability on any
fraudulent transactions made with your card.
FREE ADD-ON CARD
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We offer you the option of an add-on card for your spouse,
children or parents at no extra cost.

11.)SILVER CREDIT CARD


With your Silver Credit Card you can enjoy a ton of features and benefit:
ALL-PURPOSE CREDIT CARD

Your HDFC Bank Silver Credit Card can be used for all your
expenses including shopping, eating out, holiday, fuel, railway
ticket reservations and lots more.

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EARN WHILE YOU SPEND*

Money spent is money earned. For every Rs. 200 you spend with
your card, you earn 1 Reward Point. You can redeem the Reward
Points you accumulate for exciting gifts and offers from our
exclusive rewards program.
ADD-ON CARDS

Get up to 3 add-on cards for your spouse, parents, brothers or
sisters, sons and daughters (over 18 years) and allow them to enjoy
the same privileges you do.
ZERO LIABILITY ON LOST CARD

If you lose your card, report it immediately to our 24-hour call
centre. After reporting the loss, you carry zero liability on any
fraudulent transactions made with your card.
WIDELY ACCEPTED

Your card is accepted at over 110,000 merchant establishments
across India and Nepal and close to 18 million merchant
establishments around the world.

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Chapter -10 Credit Cards for
Professionals
PROFESSIONAL
1.)DOCTORS SUPERIA CREDIT CARD

ELIGIBILITY
You are eligible for a Doctors Superia Credit Card based on the following
SALARIED DOCTORS
Minimum Age 21 years
Maximum Age 60 years

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SELF-PRACTICING DOCTORS
Minimum Age 21 years
Maximum Age 65 years
You will get some exclusive features and benefits with your HDFC Bank
Doctors Superia Credit Card
WELCOME BENEFIT
Renewal Benefit: 2000 reward points
DOCTORS SUPERIA TRAVEL CLUB
o 1) International Miles - Enjoy redemption of Reward Points
at over 20 international airlines through KrisFlyer -
Singapore Airline's Frequent Flyer Program. You can enroll
for a KrisFlyer membership by registering at
www.krisflyer.com.
o 2) India Miles - Enjoy redemption of Reward Points against
air miles on Jet Airways, Kingfisher Airlines and Air India.
You can also redeem your Reward Points against Air
Vouchers of other leading domestic airlines.
DOCTORS SUPERIA REWARDS

Enjoy spending on your HDFC Bank Doctors Superia Credit Card
with 3 Reward Points for every Rs. 150 you spend. Accumulate
Reward Points and redeem them for air miles on more than 20
international airlines or on any major domestic airline. (100
Reward Points = 70 air miles / Rs. 70 Air Voucher)
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You can also redeem your Reward Points for exciting gifts from an
exclusive rewards catalogue, at the applicable redemption rate.
Please click here for further details.
Only retail purchases qualify for Reward Points. Cash advance,
fees and other charges do not accrue any reward points.
Transaction amounts less than Rs. 150 will not accrue any Reward
Points.
POWER DINING

Your HDFC Bank Doctors Superia Credit Card gives you tons of
reasons to dine out. Enjoy 50% more reward points* when you
dine. Now every meal will be more rewarding.
* 50% more Reward Points are offered to the Cardholders only on
those transactions which are classified under the 'Restaurant'
Merchant Category Code (MCC) as defined by VISA/ MasterCard.
Merchant Category Code (MCC) classified under 'Hotel' categories
will not qualify for 50% more Reward Points.
PRIORITY PASS MEMBERSHIP

Your HDFC Bank Doctors Superia Credit Card offers you a
complimentary Priority Pass membership* that allows you
preferential access# to more than 600 airport lounges around the
world, no matter which airline or class you fly. It offers you well
deserved rest, refreshments and the use of facilities like phones,
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59
fax, internet access and conference rooms. You will surely find it
useful to relieve travel fatigue and escape airport chaos.
* Priority Pass membership worth $99 per annum is
complimentary.
A usage fee of up to $27 per person per visit (including any
accompanying guest) will be charged to the Card Account. The
above fee is indicative and usage charges may vary from lounge to
lounge.
Please visit www.prioritypass.com for more details.
FUEL SURCHARGE WAIVER

Enjoy complete freedom from fuel surcharge when you purchase
fuel between Rs. 400 and Rs. 5000 across all fuel stations..
SAFE & SECURE TRANSACTIONS

DIP your Chip Card at any Chip enabled POS or swipe your card at
any non-chip POS (Regular POS).
ZERO LIABILITY ON LOST CARD

If you lose your Card, report it immediately to our 24-hour call
centre. After reporting the loss, you have a zero liability on any
fraudulent transactions made with your card.

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60
REVOLVING CREDIT

Enjoy Revolving Credit on your Doctors Superia Credit Card at an
interest rate of 3.05% per month.
INTEREST FREE CREDIT

Avail up to 50 interest free days from the date of purchase (subject
to the submission of the charge by the Merchant).
SPECIAL OFFERS

Exclusive offer from Matrix Cellular on HDFC Bank Premium
Credit cards.
For more such offers visit HDFC Bank SmartBuy.
2.)DOCTOR'S PLATINUM CREDIT CARD

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61
ELIGIBILITY
You are eligible for a Doctor's Platinum Credit Card based on the
following
SALARIED DOCTORS
Minimum Age 21 years
Maximum Age 60 years
SELF-PRACTICISG DOCTORS
Minimum Age 21 years
Maximum Age 65 years
You will get some exclusive features and benefits with your HDFC Bank
Doctor's Platinum Credit Card
WELCOME BENEFIT

Welcome Benefit: 2000 Reward Points

Renewal Benefit: 1000 reward points
DOCTOR'S PLATINUM TRAVEL CLUB

India Miles - Redeem Reward Points against air miles on Jet
Airways, Kingfisher Airlines and Air India. Also, redeem your
Reward Points against Air Vouchers on other leading domestic
airlines.
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DOCTOR'S PLATINUM REWARDS

Enjoy spending on your HDFC Bank Doctor's Platinum Credit
Card with 3 Reward Points for every Rs. 150 you spend.
Accumulate the Reward Points and redeem them against air miles
on all the major domestic airlines. (100 Reward Points = 70 air
miles / Rs. 70 Air Voucher). Redeem your Reward Points for
exciting gifts from an exclusive rewards catalogue, at the
applicable redemption rate. Please click here for further details.
Only retail purchases qualify for Reward Points. Cash advance,
fees and other charges do not accrue any reward points.
Transaction amounts less than Rs. 150 will not accrue any Reward
Points.
POWER DINING

Your HDFC Bank Doctor's Platinum Credit Card gives you tons of
reasons to dine out. Enjoy 50% more reward points* when you
dine. Now every meal will be more rewarding.
* 50% more Reward Points are offered to the Cardholders only on
those transactions which are classified under the 'Restaurant'
Merchant Category Code (MCC) as defined by VISA/ MasterCard.
Merchant Category Code (MCC) classified under Hotel
categories will not qualify for 50% more Reward Points.

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FUEL SURCHARGE WAIVER

Enjoy complete freedom from fuel surcharge when you purchase
fuel between Rs. 400 and Rs. 5000 across all fuel stations..
SAFE & SECURE TRANSACTIONS

DIP your Chip Card at any Chip enabled POS or swipe your card at
any non-chip POS (Regular POS).
ZERO LIABILITY ON LOST CARD

If you lose your Card, report it immediately to our 24-hour call
centre. After reporting the loss, you have a zero liability on any
fraudulent transactions made with your card.
REVOLVING CREDIT

Enjoy Revolving Credit on your Doctor's Platinum Credit Card at
an interest rate of 3.15% per month.
INTEREST FREE CREDIT

Avail up to 50 interest free days from the date of purchase (subject
to the submission of the charge by the Merchant).

CREDIT CARD INDUSTRIES IN INDIA

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SPECIAL OFFERS

Exclusive offer from Matrix Cellular on HDFC Bank Doctor's
Platinum Credit cards.

For more such offers visit HDFC Bank SmartBuy.








CREDIT CARD INDUSTRIES IN INDIA

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Chapter -11 Credit Cards used by
corporate sectors:

CORPORATE PLATINUM CREDIT CARD

With a Corporate Platinum Credit Card you can enjoy a ton of features
and benefits:

CORPORATE FEATURES
24x7 online MIS
Upto 60 MIS reports for better informed business decisions
o Spending Analysis by category
o Expense reports
o Cost allocation details & summary
o Merchant summary & details
o Account management for detailed transaction information at
employee level
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Substantial savings for the business through better negotiations
with airlines, hotel chains and other service providers.
Streamlined accounting procedures by consolidating transaction
data from around the world.
Help in integrating with the existing accounting systems.
Help in minimising paperwork and simplifying reconciliation and
compliance tasks.

CARDHOLDER BENEFITS
MY REWARDS
Earn up to 2 reward points for every Rs. 150 spent on your card.
PETROL SURCHARGE WAIVER
0% surcharge on petrol transactions between Rs. 400 to Rs. 5,000
only, across all petrol pumps.
REVOLVING CREDIT
Up to 50 interest free days on your card.
PROTECTION THROUGH INSURANCE
To show how much we care, we provide you accident insurance
cover up to 10 lakhs on air travel and 3 lakhs on rail or road travel.
Click here for more details

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EXCLUSIVE LOUNGE ACCESS
Unique offer only for our corporate card customers get access to
airport lounges at select airports.
If you hold a MasterCard Corporate Platinum Card - Click here for
details.
If you hold a Visa Corporate Platinum Card - Click here for details.

CORPORATE WORLD MASTERCARD
CREDIT CARD

Features and benefits of a Corporate World MasterCard Credit
Card
CORPORATE FEATURES
24x7 online MIS
60 MIS reports for better informed business decisions
o Spending Analysis by category
o Expense reports
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o Cost allocation details & summary
o Merchant summary & details
o Account management for detailed transaction information at
employee level
Substantial savings for the business through better negotiations
with airlines, hotel chains, etc.
Streamlining accounting procedures by consolidating transaction
data from around the world.
Integrating with the existing accounting systems.
Minimising paperwork and simplifying reconciliation and
compliance tasks.

CARDHOLDER BENEFITS
MY REWARDS
Earn up to 2 reward points for every Rs. 150 spent on your card.
PETROL SURCHARGE WAIVER
0% surcharge on petrol transactions between Rs. 400 to Rs. 5,000
only, across all petrol pumps.
REVOLVING CREDIT
Up to 50 interest free days on your credit card


CREDIT CARD INDUSTRIES IN INDIA

69
PROTECTION THROUGH INSURANCE
To show how much we care, we provide you accident insurance
cover up to 10 lakhs on air travel and 3 lakhs on rail or road travel.
Click here for more details
EXCLUSIVE LOUNGE ACCESS

Unique offer only for our Corporate World MasterCard Credit
Card customers get access to airport lounges at select airports.
Click here for details.
CORPORATE VISA SIGNATURE CREDIT
CARD

features and benefits of a Corporate Visa Signature Credit Card

CORPORATE FEATURES
CREDIT CARD INDUSTRIES IN INDIA

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24x7 online MIS
60 MIS reports for better informed business decisions
o Spending Analysis by category
o Expense reports
o Cost allocation details & summary
o Merchant summary & details
o Account management for detailed transaction information at
employee level
Substantial savings for the business through better negotiations
with airlines, hotel chains, etc.
Streamlining accounting procedures by consolidating transaction
data from around the world.
Integrating with the existing accounting systems.
Minimising paperwork and simplifying reconciliation and
compliance tasks.

CARDHOLDER BENEFITS
My rewards
Earn up to 2 reward points for every Rs. 150 spent on your card.
PETROL SURCHARGE WAIVER
0% surcharge on petrol transactions between Rs. 400 to Rs. 5,000
only, across all petrol pumps.
REVOLVING CREDIT
Up to 50 interest free days on your credit card.
CREDIT CARD INDUSTRIES IN INDIA

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PROTECTION THROUGH INSURANCE

Stay protected with accident insurance cover up to 10 lakhs on air
travel and 3 lakhs on rail or road travel. Click here for more details
PRIVILEGES
Complementary membership to Priority Pass usage will be charged

CORPORATE CREDIT CARD


With a Corporate Credit Card you can enjoy a ton of features and
benefits:

CORPORATE FEATURES
24x7 online MIS
Upto 60 MIS reports for better informed business decisions
o Spending Analysis by category
CREDIT CARD INDUSTRIES IN INDIA

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o Expense reports
o Cost allocation details & summary
o Merchant summary & details
o Account management for detailed transaction information at
employee level
Substantial savings for the business through better negotiations
with airlines, hotel chains, etc.
Streamlining accounting procedures by consolidating transaction
data from around the world.
Integrating with the existing accounting systems.
Minimising paperwork and simplifying reconciliation and
compliance tasks.
CARDHOLDER BENEFITS
MY REWARDS

Earn up to 1 reward points for every Rs. 150 spent on your card.
PETROL SURCHARGE WAIVER

0% surcharge on petrol transactions between Rs. 400 to Rs. 2,500
only, across all petrol pumps.
REVOLVING CREDIT

Up to 50 interest free days on your card along with an interest rate
of 3.25% per month.
CREDIT CARD INDUSTRIES IN INDIA

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PROTECTION THROUGH INSURANCE
To show how much we care, we provide you accident insurance
cover up to 10 lakhs on air travel and 3 lakhs on rail or road travel.
Click here for more details
Unique offer only for our corporate card customers get access to

CONCLUSION
A credit card is a payment card issued to users as a system of payment.
It allows the cardholder to pay for goods and services based on the
holder's promise to pay for them. The issuer of the card creates a
revolving account and grants a line of credit to the consumer (or the user)
from which the user can borrow money for payment to a merchant or as a
cash advance to the user.
Hdfc bank issued different types of credit card for customer & it is useful
for customer to there day to day life . gold credit card,women gold credit
card,or silver credit card,commercial credit card ,jet privilege credit card
& so on this type of credit card issue hdfc bank .provide better service to
there customer.