Want to earn cashback on every purchase you make? With HDFC Moneyback Credit Card, you can get instant cashback on every spend. You'll earn 4 reward points for every online spend and 2 reward points for every other spend. Plus, you'll get gift vouchers, 20% discounts at restaurants, a welcome bonus of 500 cash points and much more! And all this comes with a joining and annual fee of just ₹500. Keep reading to learn more.
Aspects that make spending using this card lit as the sun!
On payment of the joining or renewal cost, the user gets 500 Cash Points as a welcome and renewal reward.
HDFC Bank offers Zero Liability Protection against fraudulent credit card transactions if the loss is reported quickly and within a certain time frame to the 24-hour HDFC Bank Customer helpline.
From the date of purchase, the HDFC Bank MoneyBack Credit Card offers an interest-free credit period of up to 50 days.
HDFC Bank Moneyback Credit Card comes with a feature of Smart EMI, where major spending can be divided into small EMI amounts after purchases.
1% fuel surcharge waiver (with a cap of ₹250 per statement cycle) at a minimum spend of ₹400 to a maximum spend of ₹5000.
Spend ₹50,000 and above in each calendar quarter and get ₹500 worth of gift vouchers.
Think of these as small investments to keep your credit card running smoothly.
Annual Percentage Rate43.2%
Add-on Card FeeFree
Minimum Repayment Amount5%
Cash Withdrawal Fee2.50%
Cash Advance Limit40%
Card Replacement Fee₹ 100
Foreign Transaction Fee3.50%
Over Limit Penalty2.50%
Fuel Transaction Surcharge2.50%
Reward Point Value₹0.20
Balance below ₹100₹ 0
Balance from ₹101 to ₹500₹ 100
Balance from ₹501 to ₹5000₹ 500
Balance from ₹5001 to ₹10000₹ 600
Balance from ₹10001 to ₹25000₹ 800
Balance from ₹25001 to ₹50000₹ 1100
Balance more than ₹50000₹ 1300
Aspects that make this credit card amazing.
Aspects this credit card lacks.
Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!
The cards come in four variants - BizFirst, BizGrow, BizPower, and BizBlack - and offer benefits like interest-free credit periods, rewards on business spend, and insurance coverage.
Starting from 1 December, the lounge access program will be tied to one's credit card spending. To avail of the lounge benefits, a credit card user must spend Rs. 1 lakh or more in a single calendar quarter, i.e., January-March, April-June, July-September, October-December. Only two complimentary lounge access vouchers will be available per quarter as part of the milestone benefit for users.
HDFC Bank has introduced the upgraded HDFC Diners Club Metal Edition Credit Card, setting it apart from the previous HDFC Diners Club Black Credit Card. The key differentiators between the two cards are as follows:
This revamped credit card caters to the evolving preferences and spending patterns of customers, providing additional perks and benefits.
HDFC Bank and Marriott International have launched a co-branded credit card in India, called the Marriott Bonvoy HDFC Bank Diners Club International Credit Card. The card is the first hotel co-branded credit card in India. It offers a number of benefits to cardholders, including:
Swiggy is reportedly teaming up with HDFC Bank to introduce a co-branded credit card. By doing so, Swiggy would join the increasing number of e-commerce platforms like Flipkart, Myntra, and Paytm, which have already launched their own co-branded credit cards.
Swiggy's strategic decision to venture into the co-branded credit card space is aimed at strengthening customer loyalty and involvement by offering supplementary advantages and incentives through the card.
Yes, you can use this credit card to convert large purchases into EMIs. This applies to insurance, groceries, medical, gasoline, utilities, apparel, education, electronics, and travel. You cannot, however, convert your gold and jewellery purchases into EMIs.
The bank offers an interest-free credit period of up to 50 days on the HDFC MoneyBack Credit Card. The interest-free period is available from the date of purchase and is subject to the merchant's submission of the charge.
There is no predetermined limit on the HDFC MoneyBack Credit Card. The limit is different for each applicant and is determined by their income and credit score. However, the MoneyBack Credit Card's maximum and minimum credit limits are Rs. 1.5 to Rs. 2 lakhs.
Yes, you can withdraw money from the HDFC Moneyback Credit Card. HDFC Bank provides a cash advance limit of 40%. If your Credit Card limit is Rs. 1 lakh, you can withdraw up to Rs. 40,000 in cash. Your cash advance limit is determined by the type of credit card you have. However, an interest rate is charged for credit card cash withdrawals.
Navigate your NetBanking Portal/Account via the HDFC Bank website.
Once logged in, go to the “Cards” section.
Then, click the “Enquire” tab in the “Debit Card” section.
Select the “Cashback Enquiry and Redemption” tab when you reach the next page.
Choose the account number you want to redeem the points for, and you're done!
The Reward Points can now be redeemed.
Visit hdfcbank.com and navigate to products > cards > credit cards.
In the “Featured Cards” section is an image of the MoneyBack Credit Card alongside the “Apply Online” button.
When you click “Apply Online”, a credit card application form will appear.
Fill in your information in the form, including your PAN number and income.
After you've completed the form, click the “Submit” button.
The bank will verify your information and approve or reject your application based on the eligibility criteria.
With this credit card, you can earn cashback and reward points on your online and offline purchases. The good news is that you can convert your earned reward points into cashback, a rare feature not found on most basic credit cards. The most reward point benefits, however, are provided on online transactions.
With this card, you will receive a certain percentage of your purchases back at the end of the credit cycle. The credit card has an Rs. 500 joining fee and a 3.49% interest rate. However, the interest rate may be adjusted depending on your relationship with the bank and how you use the card.