HDFC Update: HDFC Bank's big bang in the festive season, there will be no annual fee on these credit cards..

There is good news for HDFC Bank customers in the festive season. The bank is offering some of its popular credit cards without any annual fee or other charge. This means that you will not have to pay the annual charge for the card. According to Mint, this offer is valid till December 31 for Swiggy HDFC Bank Credit Card, Tata Neu Plus HDFC Bank Credit Card, and Tata Neu Infinity HDFC Bank Credit Card.

Earlier, customers had the opportunity to apply for Freedom Credit Card and BizFirst Credit Card without annual fee till October 31.

Annual fees of popular credit cards
The annual fee of Tata New Plus HDFC Bank Credit Card is Rs 499 while the annual fee of Tata New Infinity HDFC Bank Credit Card is Rs 1,499. The annual fee for Swiggy HDFC Bank Credit Card is Rs 500.

What are annual charges? Let us tell you that in almost all the banks providing credit card facilities, you have to pay a joining fee and annual charge. Annual fee is the most common charge in the card which is levied on your card every year. You have to pay the joining fee only once, while you have to pay an annual charge every year. Annual charges vary according to the banks. However, some banks do not charge this charge. At the same time, some banks put a condition in front of the customers that you will be given a discount on annual charge if you do shopping for so many rupees every year.