GLOBAL VALUE PROGRAM

1. What is Global Value Program?

Global Value Program or GVP is a value-added service for HDFC Bank Credit card users who can opt in to get rewards for their International Spends.

2. How to register for GVP?

Customer has to reach out to the phone banking team/customer service and share a consent over mail/call that they understand the benefits & TNCs of GVP.

3. What are the benefits for GVP?

• Welcome Benefit – 500 Bonus reward points on the first International transaction. This benefit can only be availed once per card.
  
  
• Cashback Benefit – 1% cashback up to INR 1,000 per statement cycle on all International transactions done in foreign currency.
  
  
• Milestone Benefit – Upon completion of INR 1,50,000 (1.5 lacs) in a year after activation of GVP, customer receives INR 2,000 worth travel voucher (Make My Trip/Clear Trip/Yatra/Ease My Trip). This is a one time benefit applicable once a year.  

4. What transactions would qualify for GVP benefits?

Only International transactions done in foreign currency and not in INR will qualify for GVP benefits.

5. Is there an enrollment/annual membership fee for GVP?

Yes, there’s an enrollment/annual membership fee of Rs. 199 + GST.

6. How to renew GVP?

Once enrolled, the membership gets auto-renewed every year along with a fee of Rs. 199 + GST.

7. Can we cancel GVP service?

Yes, GVP membership can be cancelled at any point in time. But the membership fees will only be refunded if the customer did not do any International transaction after enrolling/renewal of GVP.