HDFC Bank starts credit cards — ₹15,000 minimum limit
HDFC Bank started its credit card business in 2001 with limits of ₹15,000 to ₹3 lakh. This has no impact on current cardholders, who can continue using their cards as usual.
HDFC Bank launched its credit card business in Chennai in December 2001 with Silver and Gold cards. The cards had limits of ₹15,000 to ₹3 lakh. This marked the beginning of HDFC Bank’s credit card business, which would eventually grow to include popular cards like the Infinia Metal and Diners Club Black Metal. Our take: this historical fact is irrelevant to current cardholders, who should continue to use their cards as usual, keeping in mind the current benefits and rewards structures of their respective cards.