CheQ AU vs Tata Neu Infinity HDFC Bank

Reviewed by Chandan Kumar Dash

CheQ AU has the lower annual fee (Free against ₹1,499). CheQ AU has no spend waiver; Tata Neu Infinity HDFC Bank waives its fee on ₹3,00,000 of spend a year. For spends abroad, Tata Neu Infinity HDFC Bank charges the lower forex markup (2% plus GST). On all three sample spends below, CheQ AU comes out ahead after fees. The Saifu app works it out on your own spends, on your phone.

Feature	CheQ AUAU Small Finance2 wins	Tata Neu Infinity HDFC BankHDFC2 wins
Annual fee	LowerFree	₹1,499
Joining fee	LowerFree	₹1,499
Fee waiver	No fee to waive	Waived on ₹3,00,000 spend a year
Rewards	12% rewards on favourite brands, 5% on favourite categories, 2.5% on CheQ UPI, 1% CheQ points on every transaction	5% NeuCoins on Tata Neu and partner Tata brand spends; 1.5% NeuCoins on other non-UPI spends
Airport lounges	None listed	More2 a quarter domestic, 4 a year international
Forex markup	3.49% plus GST	Lower2% plus GST
Points	CheQ Points, about ₹0.5 a point	NeuCoins, about ₹1 a point
Published minimum income and age	age 21 to 65	Salaried ₹12,00,000 a year, self-employed ₹12,00,000 a year, age 21 to 60
Network	Visa / RuPay	Visa / RuPay
Apply	Bank page	ApplyAffiliate link

Badges mark the lower fee, waiver spend or markup, and more lounge visits. Rewards are not scored here because they depend on where you spend. Affiliate link, costs you nothing extra, we may earn a commission, never changes how cards are ranked. Figures come from each bank's page and can change; check before you apply.

What each card earns in a year

Sample spender	CheQ AU	Tata Neu Infinity HDFC Bank
Everyday spender₹30,000 a month	More₹9,660 a year₹9,660 rewards, no fee to pay	₹5,700 a year₹5,700 rewards, no fee to pay
Online shopper₹50,000 a month	More₹20,700 a year₹20,700 rewards, no fee to pay	₹9,000 a year₹9,000 rewards, no fee to pay
Frequent traveller₹1,00,000 a month	More₹26,700 a year₹26,700 rewards, no fee to pay	₹17,100 a year₹17,100 rewards, no fee to pay

The sample spends and how this is worked out

Everyday spender, ₹30,000 a month: DMart ₹6,000, BigBasket ₹2,000, Swiggy ₹2,000, Zomato ₹1,500, Amazon ₹3,000, Flipkart ₹1,500, Bills paid on Google Pay ₹2,500, Airtel ₹1,000, Indian Oil ₹3,000, Restaurant (in person) ₹2,500, Uber ₹1,000, Other spends in shops ₹4,000.
Online shopper, ₹50,000 a month: Amazon ₹10,000, Flipkart ₹8,000, Myntra ₹3,000, Swiggy ₹4,000, Zomato ₹3,000, Blinkit ₹4,000, BookMyShow ₹1,500, Uber ₹2,000, Bills paid on Google Pay ₹3,000, Jio ₹1,000, Netflix ₹500, Restaurant (in person) ₹3,000, Other spends in shops ₹7,000.
Frequent traveller, ₹1,00,000 a month: MakeMyTrip ₹10,000, Cleartrip ₹5,000, IRCTC ₹2,000, IndiGo ₹10,000, Marriott Bonvoy hotels ₹8,000, Spends abroad ₹15,000, Uber ₹4,000, Restaurant (in person) ₹8,000, Amazon ₹10,000, Swiggy ₹5,000, DMart ₹8,000, Bills paid on Google Pay ₹4,000, Indian Oil ₹5,000, Other spends in shops ₹6,000.

Worked out with the same reward rules and caps the Saifu app uses. Points are counted at the cash value in the table above. The annual fee counts as waived when the spend reaches the waiver. Joining fees, welcome gifts and milestone vouchers are not counted. Your own spends will give different figures.

Common questions

Which is better, CheQ AU or Tata Neu Infinity HDFC Bank?

On all three sample spends below, CheQ AU comes out ahead after fees. It depends on where you spend: compare the figures for the sample spender closest to you, or add your own spends in the Saifu app.

Which has the lower annual fee?

CheQ AU (Free against ₹1,499). Tata Neu Infinity HDFC Bank waives it on ₹3,00,000 of spend a year.

Add a third card CheQ AU Tata Neu Infinity HDFC Bank

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