Welcome to HDFC Credit Card Rants ;-). Though a very conservative financial institution with focus on customer satisfaction, still their are always sweet and bitter experiences. Unlike ICICI, HDFC doesn’t offer a whole range of credit cards as the industry is still not regulated and interest rates are as high as 36% on these cards as they are termed as unsecured loans. Where is the credit bureau to verify consumer credit history ? Patience! We have jsut started our reforms a decade ago, we now have Corporates and SMEs under credit bureau. It will take some more time to cover individuals.