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December 11, 2020

HDFC Bank offers 2X reward points on Diners Club online usage

By Mohamed Dabo

Mumbai-based HDFC bank is offering the opportunity to earn 2x points on select transactions made with HDFC Bank Diners Club Credit Cards through January 2021.

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  • Uncovers the main risks that consumers expose themselves to when borrowing with BNPL
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HDFC Bank has partnered with select brands for 2X points between December 2020 and January 2021.

Every time a cardmember makes an online purchase with the brand directly, they will get double points, up to a maximum of 2000 bonus points per calendar month across all partners:

  • NoBroker
  • Spicejet
  • Ferns N Petals
  • Tanishq
  • Adani Electricity

Maximum cap on the incremental 1X Rewards on Partner Brands in a calendar month is 2000 points. To be eligible for the offer, pay using your HDFC Bank Diners Club Credit Card at the merchant website/app at checkout.

Payment has to be done directly using the HDFC Bank Diners Club Credit Card. The offer does not extend to the brand products available offline or at any other online retailers and domains.

The 2X Reward Points offer applies to

  • HDFC Bank Diners Club Black
  • HDFC Diners Club Privilege
  • HDFC Bank Diners ClubMiles
  • HDFC Bank Diners Club Premium
  • HDFC Bank Diners Club Rewardz Credit Cards

The offer is not applicable on corporate cards, commercial cards, Diners Millennia or InterMiles Diners Credit cards.

Strategic partnership entering its 10th year

Since 2011, HDFC Bank, the second largest private bank in India, and Diners Club International have maintained a strategic alliance whereby HDFC Bank issues Diners Club International credit cards in India.

The bank also provides merchant acquiring services, thereby creating more acceptance opportunities for the Diners Club brand in India.

Free Report
img

What does the future hold for BNPL market?

The global Buy Now Pay Later (BNPL) market is estimated at a massive $120 million in 2021 – representing just less than 3% of the global ecommerce market. Yet the user-base is massive, with leading provider, Klarna, alone reportedly having 87 million users in 2021. This market is only expected to grow, with established companies like Apple and Goldman Sachs moving into the BNPL sector in bids to capitalize on this trend. To help you make the most of this growing market, GlobalData’s Buy Now Pay Later in 2022 and Beyond report provides detailed insight into the BNPL sector. This report:
  • Discusses the disruptive potential of the BNPL sector on the payments industry
  • Identifies the leading companies that are driving sector growth and the benefits this new payments solution provides to both merchants and consumers
  • Analyzes the consumer’s risk of using BNPL loans and government attempts at introducing regulations to the sector
  • Uncovers the main risks that consumers expose themselves to when borrowing with BNPL
Download this free report to get to know where this developing market is headed, and how you can reshape your strategies.
by GlobalData
Enter your details here to receive your free Report.

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