HDFC MoneyBack Plus Credit Card - Features, Benefits, Fees & Charges

HDFC MoneyBack Plus Credit Card (4.3)

Regular Best For: Shopping
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If you love online shopping and often use platforms like Amazon, Flipkart, BigBasket, Swiggy, and Reliance Smart SuperStore, then the HDFC Moneyback Plus Credit Card can be a great fit for you! Forget about boring reward programs with low earning rates. This card gives you the opportunity to earn 10X CashPoints on your purchases from these popular brands. That's like getting a reward rate of 3.3% on everything you buy! And that's not all – you can also earn 5X CashPoints on your EMI spending. This card is a game-changer in the world of credit cards. Keep reading to find out why! 👇

Features and Benefits

Aspects that make spending using this card lit as the sun!

Welcome Bonus
Travel
Fuel
Rewards
Shopping
Cashback
Dining
Insurance
Interest
Lounge
Welcome Bonus

500 Cash Points in exchange for paying the joining fee.

Reward Points
  • 10X CashPoints on Amazon, BigBasket, Flipkart, Reliance Smart SuperStore, and Swiggy.
  • 5X CashPoints on EMI spends at merchant locations.
  • 2 CashPoints per ₹150 spent on other spends excluding fuel, wallets loads/prepaid card loads, and voucher purchases.
  • Reward Rate: 3.3%
Dining Benefit

20% savings on all your restaurant bill payments via Swiggy Dineout.

Milestone Benefit

₹500 gift voucher on spends on ₹50,000 per calendar quarter.

Fuel Surcharge

1% Fuel Surcharge waiver on fuel transactions (Minimum transaction of ₹400, Maximum transaction of ₹5,000 & Maximum waiver of ₹250 per statement cycle)

Interest-Free Period

50 days of interest free period on your HDFC Bank Moneyback+ Credit Card from the date of purchase.

Zero Lost Card Liability

If you lose your HDFC Bank Moneyback+ Credit Card, please call our 24-hour call centre right away to report it. If you report the loss right away, you are not responsible for any fraudulent credit card purchases. 

Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Charges

Joining Fee

₹500

Annual Fee

₹500

Annual Percentage Rate

43.20%

Add-on Card Fee

Free

Minimum Repayment Amount

5%

Cash Withdrawal Fee

2.5 %

Cash Advance Limit

40%

Card Replacement Fee

₹ 100

Foreign Transaction Fee

3.50%

Over Limit Penalty

2.50%

Fuel Transaction Surcharge

1%

Reward Point Value

₹ 0.25
Late Payment Charges

Balance below ₹100

Nil

Balance from ₹100 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
Pros

Aspects that make this credit card amazing.

  1. HDFC MoneyBack plus offers 10X CashPoints on Amazon, BigBasket , Flipkart, Reliance Smart SuperStore & Swiggy.
  2. ₹500 gift voucher on spends on ₹50,000 per calendar quarter.
  3. 20% discount on Swiggy partner restaurants.
  4. Get annual fee waived off by spending ₹50,000 and above in an annual year.
Cons

Aspects this credit card lacks.

  1. Capping on reward points earned on grocery spending.
  2. No reward points on fuel, rent and government transactions.
  3. Charges ₹99 for redeeming rewards.
  4. Does not offer any travel benefits.
HDFC MoneyBack Plus Rating & Reviews

This is the truth, the whole truth, and nothing but the truth; brought to you by the other users.

Charges

(4)

Rewards

(4)

Customer Service

(3.5)

HDFC MoneyBack Plus Credit Card Review

The HDFC Moneyback Plus Credit Card appears to be a good choice for those seeking an entry-level credit card. With a relatively low monthly income eligibility requirement of ₹20,000, it's accessible to a wide range of individuals. The card offers practical benefits in everyday spending categories, including groceries through the BigBasket offer, lifestyle purchases on Flipkart and Amazon, dining experiences with Swiggy, and departmental store shopping at Reliance Smart SuperStore. One notable advantage is that it provides accelerated rewards on EMI transactions, making it appealing for those looking to make high-ticket purchases with the flexibility of instalment payments. However, it's crucial to consider factors like annual fees, interest rates, and redemption options, along with comparing it to other available credit cards, to determine if it align with your specific financial needs and preferences.

If you are looking for a rewards credit card, then you can refer to the cards mentioned in the table below:
1. SBI Prime Credit Card
2. Citi Bank Rewards Credit Card
3. HDFC Bank Regalia Credit Card

Overview

Joining and Annual Fee ₹500 + taxes 
Welcome Bonus 500 Cash Points

Best For

Everday Spends
Card Type Entry-Level
Card Network Visa

Reward Points on HDFC MoneyBack Plus Credit Card

Spend Category Reward Points
All spend (except fuel, wallet reloads, prepaid card loads, and voucher purchases) 2 CashPoints per ₹150 spent
Amazon, BigBasket, Flipkart, Reliance Smart SuperStore, and Swiggy 10X CashPoints (20 CashPoints per ₹150 spent)
EMI spends at merchant locations     5X CashPoints (10 CashPoints per ₹150 spent)

Who Should Opt for an HDFC MoneyBack Plus Credit Card? 

The HDFC MoneyBack Plus Credit Card is a good option for people who want to earn cashback on their everyday spending. It is especially a good fit for people who:

  • Have an annual income of at least ₹25,000.
  • Frequently shop on Amazon, BigBasket, Flipkart, Reliance Smart SuperStore, and Swiggy.
  • Make EMI payments at merchant locations.
  • Are not looking for travel benefits or already have a travel credit card.
  • Want a card that offers benefits in the form of reward points and does not charge high annual fee.

How to apply for HDFC MoneyBack Plus Credit Card?

To apply for HDFC MoneyBack Plus Credit Card, follow the below steps:

Step 1: Visit select.finology.in and click on 'Credit Card' tab.
Step 2: Click on Card Issuers, where you will see a list of banks that issue credit cards.
Step 3: Choose HDFC Bank from the list.
Step 4: Choose HDFC MoneyBack Plus Credit Card and click on 'Apply Now' button.
Step 5: Provide the required consent and then you will be redirected to a page where you need to fill in your mobile number and PAN card number.
Step 6: Fill in the credit card application form and attach the documents required.

HDFC MoneyBack Plus Credit Card Eligibility

  • Salaried
    • Indian nationality. Age: Min 21 yrs. & Max 60 Yrs.
    • Income: Gross Monthly Income> ₹20,000
  • Self Employed
    • Indian nationality. Age: Min 21 yrs. & Max 65 Yrs., Income: ITR > ₹6.0 Lakhs per annum.

Documents Required

  • Proof of Identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI or any other government-approved photo ID proof.
  • Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government-approved address proof.
  • Proof of Income: Latest one or two salary slips (not more than three months old), latest Form 16, and the last 3 months’ bank statement.
HDFC Bank Cards Issued & Spends

Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!

Bank name:

HDFC Bank

HDFC Bank Credit Card Customer Care Number:

1800 202 6161 / 1860 267 6161

HDFC Bank Card Offers:

View Offers

Total Cards:

2,04,04,625
HDFC Bank Credit Card News
16 May 2024, Thursday
1. HDFC Bank Launches Pixel Play: India's First Virtual Credit Card with Cashback Customisation

HDFC Bank has introduced the Pixel Play Credit Card, India's first virtual credit card, with unique features like:

  1. Customization: You can choose cashback merchants, card design and billing cycle date.
  2. Convenience: Entirely digital onboarding and management through HDFC Bank's PayZapp app.
  3. Benefits: Up to 5% cashback, contactless payments, in-app EMI conversion, and exclusive dining discounts.
  • 5% Cashback on choice of any two packs
    • Dining & Entertainment Category – BookMyShow & Zomato
    • Travel Category – MakeMyTrip & Uber
    • Grocery Category – Blinkit & Reliance Smart Bazaar
    • Electronics Category – Croma & Reliance Digital
    • Fashion Category – Nykaa & Myntra
  • 3% Cashback on choice of any one E-commerce merchant: Amazon or Flipkart or PayZapp
  • 1% Unlimited Cashback across all other spends

Who can apply?

  • For Salaried:
    • Age: Min 21 yrs & Max 60 Yrs
    • Income: Gross Monthly Income > Rs 25,000
  • For Self Employed
    • Age: Min 21 yrs & Max 65 Yrs
    • Income: ITR > Rs 6.0 Lakhs per annum
08 Feb 2024, Thursday
2. HDFC Bank launched a new range of business credit cards specifically for SMEs

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.

  1. BizFirst: Entry-level card with 55 days interest-free period, 3% cashback on EMI spends, 2% on utilities & electronics, 1% on other spends. 
  2. BizGrow: Offers higher 5% cashback on business spends like GST, income tax, vendor payments, travel, business tools, and 1% on other spends. 
  3. BizPower: Premium card with 5X reward points on fuel spending, accelerated rewards on travel, dining, and utilities, and airport lounge access. 
  4. BizBlack: Flagship card with maximum rewards on all categories, complimentary airport lounge access, travel insurance, and other premium benefits. 
31 Oct 2023, Tuesday
3. Effective 1 December 2023, HDFC Bank will limit lounge access for Regalia Credit Card holders.

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.

19 Oct 2023, Thursday
4. HDFC introduces enhanced Diners Club Metal Edition Credit Card

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:

  • Annual Fee Waiver: The metal edition requires cardholders to spend 8 lakhs annually to enjoy an annual fee waiver, whereas the plastic card's threshold is 5 lakhs in annual spends.
  • Welcome Benefit: The new Metal Edition card offers a Swiggy One annual membership as a welcome benefit, replacing the earlier Forbes and MMT Black offerings. In contrast, the plastic card provided a 3-month Swiggy One membership, alongside Forbes and MMT Black.
  • Milestone Benefit: The Metal Edition introduces a new milestone benefit, granting cardholders 10,000 Bonus Reward Points on a quarterly basis. However, it no longer features the old benefits amongst cult.fit Live 1 month membership/ BookMyShow /TataCLiQ /Ola cabs vouchers worth Rs. 500

This revamped credit card caters to the evolving preferences and spending patterns of customers, providing additional perks and benefits.

24 Aug 2023, Thursday
5. HDFC Bank partners with Marriott Bonvoy to launch India's first 'hotel co-branded card'.

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:

  • Complimentary Marriott Silver Elite Status
  • Up to 4 free night awards
  • Accelerated Marriott Bonvoy points earning on travel, dining, and entertainment
  • Airport lounge access
  • Travel insurance
05 Jul 2023, Wednesday
6. Swiggy to launch co-branded credit card with HDFC Bank.

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.

HDFC MoneyBack Plus Customer Reviews

No Customer reviews yet. Be the first to review this card.

Frequently Asked Questions

No, you can earn a fuel surcharge waiver of 1% on your transactions between Rs. 400 to Rs. 5,000. Also, you can earn a maximum waiver of Rs. 250 in a statement cycle. This waiver can be availed on your transactions across any petrol pump in the country, wherever this credit card is acceptable.

The HDFC MoneyBack Credit Card and the HDFC MoneyBack Plus Credit Card are both cashback credit cards offered by HDFC Bank. However, there are some key differences between the two cards:

  • Cashback rate: The HDFC MoneyBack Credit Card offers a cashback rate of 1% on all spends, while the HDFC MoneyBack Plus Credit Card offers a cashback rate of 2% on all spends.
  • Reward points: The HDFC MoneyBack Credit Card earns reward points that can be redeemed for cashback, air miles, hotel and flight bookings. The HDFC MoneyBack Plus Credit Card also earns reward points that can be redeemed for cashback, air miles, hotel and flight bookings. However, the HDFC MoneyBack Plus Credit Card also earns additional reward points on spending at Amazon, BigBasket, Flipkart, Reliance Smart SuperStore, and Swiggy.
  • Other benefits: The HDFC MoneyBack Credit Card offers some other benefits, such as a welcome bonus of 1000 reward points, and a complimentary airport lounge access. The HDFC MoneyBack Plus Credit Card also offers these benefits, plus additional benefits such as a gift voucher worth Rs. 500 on spending Rs. 50,000 per calendar quarter, and up to 20% discount on partner restaurants via Swiggy Dineout.

Overall, the HDFC MoneyBack Plus Credit Card is a more rewarding card than the HDFC MoneyBack Credit Card. However, it also has a higher annual fee. The best card for you will depend on your individual needs and spending habits.

There are two ways to apply for an HDFC MoneyBack Plus Credit Card:

Online: You can apply for the card on the HDFC Bank website. You will need to provide your personal and financial information, such as your name, address, income, and employment details. You will also need to upload a scanned copy of your PAN card and photograph.
Offline: You can also apply for the card at any HDFC Bank branch. You will need to fill out an application form and submit it along with the required documents.

Here are the eligibility criteria for the HDFC MoneyBack Plus Credit Card:

  • You must be a resident of India.
  • You must be at least 21 years old.
  • You must have a minimum annual income of Rs. 20,000 (salaried) or Rs. 6 lakh (self-employed).
  • You must have a good credit history.

As per the terms and conditions associated with the HDFC MoneyBack+ Credit Card, the card caps the maximum CashPoints that you can earn in a month. The maximum capping for transactions under 10X CashPoints on selected brands (as mentioned above) and for 5X CashPoints on EMI spends is 2,500 CashPoints.

You can activate your HDFC MoneyBack Plus Credit Card by any of the following methods:

  1. You can generate the PIN of your credit card via an ATM. Just visit an HDFC Bank ATM nearest to you and look for an option PIN Generation from the main menu of the ATM.
  2. Log in to your HDFC Bank internet banking account and under the Credit Cards area, generate the PIN of your credit card under the ‘Manage Your Card’ option.
  3. You can also contact your credit card customer care. Just call them and ask them to assist you with your credit card PIN generation.

The credit limit of the HDFC MoneyBack card varies depending on your income and credit score.
After evaluating your application, The credit limit you will be approved for will be determined by the card issuer. They will consider factors such as your income, credit score, and spending habits.

If you are approved for a higher credit limit, it is important to use it responsibly and repay your balance in full each month to avoid interest charges.

To make the bill payment of your HDFC Bank MoneyBack Plus Credit Card, you can follow the below-mentioned steps:

  1. Visit the HDFC Bank’s billdesk page, enter the required credit card information and proceed further to pay the bill.
  2. Log in to your HDFC Bank internet banking account and pay your credit card bill under the section ‘Credit Card Payment.’
  3. If you have a savings account in a bank other than HDFC Bank, you can settle your card bill via NEFT.
  4. You can also use digital payment services apps like Paytm, PhonePe, etc, to make the bill payment of your credit card.

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