The question I’ve been asked a lot over the past month has been about HDFC Bank Diner Club’s new 10x Partners. As a recap for those who don’t know yet, HDFC Bank issued Diners Club credit cards offer partners where you practically get one-third of your cash spent back as points. Here is how you get more points back than ever before:
- Rewardz: Regular spend earns 3 points/INR 150; 10x partners spend earns 30 points/INR 150
- Premium: Regular spend earns 4 points/INR 150; 10x partners spend earns 40 points/INR 150
- Black: Regular spend earns 5 points/INR 150; 10x partners spend earns 50 points/INR 150
Since I have the Black variant, that means, I can book travel tickets on a 10X partner, and for every 150 INR I spend, I get 50 points back. That is practically a 33% cashback since the points for Black are 1 point = 1 INR. However, they are worth much more when you transfer them to a partner airline such as American Airlines AAdvantage or a hotel partner such as Hyatt Gold Passport. Check my redemption story at Hyatt.
Moving on, last year, HDFC Bank Diners Club offered 10x points for a 6 month period, and then in April 2016, renewed the list for a month. People were worried about what next? So, last night, HDFC Bank updated the list of 10x partners:
This list of partners is valid from May 1, 2016 through April 30, 2017, which is the first time the Bank has given a year long list of partners.
Like I’ve always said, they have a good list of partners for the time being, only if they could make redemption easier now.
What do you think guys about the new list of partners from HDFC Diners Club? I am pretty excited that I can continue to get an outsized value from this card going forward.