HDFC Bank has recently updated the eligibility criteria for two of its most prestigious credit cards which are ‘Infinia’ and ‘Diners Club Black’. These updates raise the bar for both salaried and self-employed individuals who wish to apply for these super premium credit cards.

HDFC Bank now requires salaried private sector employees to earn at least Rs 5 lakh per month for the Infinia credit card. Self-employed individuals must show an annual ITR of Rs 60 lakh. Government employees have a slightly lower income threshold of Rs 3.5 lakh per month.

Similarly, for the HDFC Bank Diners Club Black credit card, private-sector employees need to earn Rs 2.5 lakh monthly, and government employees must have a monthly salary of Rs 1.75 lakh. Self-employed applicants must file an ITR showing an annual income of Rs 30 lakh to qualify for this card. These new rules are now effective, so anyone applying for these cards must meet the updated requirements.

Why did HDFC Bank make these changes?

HDFC Bank implemented these changes to make sure they issue super-premium credit cards to the right customer profiles. The bank believes this will balance customer spending with the costs of providing premium benefits.

Additionally, this move won’t affect the renewals of existing cardholders, but new applicants must now meet the revised income criteria.

Super-premium credit cards like ‘Infinia’ and ‘Diners Club Black’ are well known for their exclusive benefits. These cards offer exclusive perks like higher credit limits, dining discounts, complimentary airport lounge access, and significant rewards on spending. Cardholders can even redeem rps to book flight tickets, making these cards favorite for high-income individuals who often travel.