NEWS & ADVICE : CREDIT CARDS
Health rewards credit cards in India: A review
By Vaibhav Aggarwal
Print    Email    RSS   

HDFC Health Plus Credit Card

This health reward credit card from HDFC comes with a free cashless Mediclaim cover of Rs.50,000 plus a critical illness cover of Rs.1.5 lakhs. The critical illness cover includes open heart surgery, cancer, kidney failure and vascular stroke. You can avail cashless mediclaim facility at any of more than 3000 networked hospitals of the Third Party Administrator (TPA) across the country. HDFC has a tie-up with TTK Health care services for this purpose. The hospitalization benefits viz. the Rs. 50,000 Mediclaim and the critical illness cover of Rs.1.5 lakhs can be extended to 2 add-on card holders and thus can be used to cover your near and dear ones also. The add-on cardholders can also avail the discounts at participating hospitals.

Every Rs. 150 spent on this credit card earn you 1 reward point, which can be redeemed for exciting gifts and offers from the credit card provider. The credit card holders can also avail a 30 percent cash back on all domestic airline ticket bookings on Cleartrip.com up to 25 December 2007. This cash back offer is valid on a maximum base fare of Rs.3500.

The HDFC Health Plus credit card has an interest rate of 2.95 percent per month. A joining fee of Rs.300 and an annual fee of Rs.700 is charged on this credit card.

Health reward credit cards are a great way to put that plastic pay for your healthcare needs. However, as it with all other reward credit cards, the terms and conditions, especially pertaining to the reward programs, their eligibility, limitations, preferred partners and way the rewards can be redeemed should be given special attention and all the facts should be clarified before you start using the credit card. As the variety of offerings increase with increasing competition, we should expect a number of banks coming up with more health and fitness related credit cards.


Page    | 12 |
(Comments Posted : 2) Post Your Comments
1. I had no idea my credit was bad. The guys at Credit Sudhaar analysed my report. The process took some time but my credit was restored, enhanced and protected. I have no reason for complaints.
Sukhvindar singh (Posted: Jul 5, 2013)
2. Talking about Online Loan and credit cards, I think you should see this Payday Loans Online site, which offers all sorts of personal loans for your needs. It is a personal loan resources and financial services portal plus an online directory for financial products and services. Through OnlineLoanResources.com, Obtaining personal loans or financial services is as easy as 1 - 2 - 3.
James Smith (Posted: Jan 14, 2008)
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
WorldMiles credit card - just another...
Know if you are in CIBIL’s list of...
A chronicle of excesses by loan recovery...
How to Manage Multiple Credit Cards?
The ABN AMRO One Card


Daawat*Call giℛℒ escort In ZiRaKpUr OOOOOOOOOO...
Good Morning, i forgot my FCMB Account Number and...
Radhey@09646870399 @Escoℛts In#Chandigarh...

NEWS THIS WEEK
91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive