The HDFC Bank MoneyBack Plus Credit Card represents an enhanced iteration of its predecessor, the HDFC MoneyBack Credit Card. This superior card offers compelling rewards across everyday spending categories, including groceries (BigBasket), lifestyle purchases (Flipkart and Amazon), dining (Swiggy), and departmental store shopping (Reliance Smart SuperStore).
While both cards share a comparable annual and joining fee of ₹500, the MoneyBack Plus Card distinguishes itself with a significantly improved reward structure. Cardholders earn up to 10X (20) CashPoints for every ₹150 spent at participating partner brands. These CashPoints are versatile, allowing redemption against outstanding balances, a diverse product catalog, Airmiles, and other options. In addition to cashback, cardholders can receive gift vouchers valued up to ₹2,000 upon achieving predetermined spending milestones.
Features & Benefits
In addition to reward points, HDFC Moneyback Plus extends some more benefits to the cardholders, as shown below:
Joining Bonus
- 500 CashPoints on payment of joining fee
Renewal Benefit
- 500 CashPoints on payment of renewal fee every year
Milestone Benefit
- Gift voucher worth Rs. 500 on reaching quarterly spends of Rs. 50,000 or more
Dining Discount
- Up to 20% off on partner restaurants via Swiggy Dineout.
Fuel Surcharge Waiver
- 1% fuel surcharge waiver on a minimum transaction of Rs. 400 and a maximum transaction of Rs. 5,000, up to Rs. 250 per statement cycle.
- Zero Lost Card Liability covering loss and fraud on the card. Report the loss immediately to 24×7 HDFC Bank Credit Card customer care.
- EMI Conversion option to convert big purchases into easy EMIs post-purchase
- The card also enables contactless payments without entering the Credit Card PIN for up to a maximum of Rs. 5,000 for a single transaction.
HDFC MoneyBack Plus Fees & Charges
| Fee Type | Amount |
|---|---|
| Joining Fee | Rs. 500 |
| Annual Fee | Rs. 500 |
| Finance Charges | 3.75% p.m. | 45% p.a. |
| Late Payment Charges | For Statement Balance : Up to Rs. 100 Nil Rs. 101 to Rs. 500Rs. 100Rs. 501 to Rs. 1,000Rs. 500Rs. 1,001 to Rs. 5,000Rs. 600Rs. 5,001 to Rs. 10,000Rs. 750Rs. 10,001 to Rs. 25,000Rs. 900Rs. 25,001 to Rs. 50,000Rs. 1,100 More than Rs. 50,000Rs. 1,300 |
Eligibility Requirements
Age: 21 to 60 years (Max. 65 years for self-employed)
Income: For Salaried: Rs. 20,000 p.m | For Self-employed: ITR > Rs. 6 lakh p.a.
Basic income, identity and address proofs
HDFC Moneyback+ Credit Card: Rewards Program
The card offers rewards in the form of cashpoints as follows:
- 10X CashPoints: 20 per Rs. 150 on Flipkart, Amazon, Swiggy, Reliance Smart SuperStore and BigBasket
- 5X CashPoints: 10 per Rs. 150 on EMI spend at merchant locations
- 2 CashPoints per Rs. 150 spent on other categories3 including UPI spends
- 1 cash point = Rs. 0.25
- Redemption options:
- Cashback
- Unified SmartBuy (Flights/Hotels)
- Product Catalogue
- Airmiles
Documents Required for the Credit Card Apply Online or Offline
- Proof of Identification: PAN, Passport, Aadhaar, Voter ID
- Proof of Income: Salary slip, recent salary slip, employment offer letter
- Residential Proof: Aadhaar, Electricity bill, or Telephone bil