HDFC MoneyBack+ Credit Card

Key Features & Benefits

All You Need to Know About: HDFC MoneyBack+ Credit Card

The HDFC MoneyBack+ Credit Card is issued by HDFC Bank Ltd and is available across three major payment networks—Visa, Mastercard, and RuPay—giving applicants flexibility based on merchant acceptance and feature preferences. This card is specifically designed for digital-savvy consumers who prioritize online shopping rewards over traditional travel or lifestyle benefits. The core value proposition centers around accelerated rewards on five popular e-commerce and delivery platforms: Amazon, Flipkart, Swiggy, BigBasket, and Reliance Smart SuperStore, where cardholders earn twenty CashPoints per one hundred fifty rupees spent, translating to ten times the standard rate and representing three point three percent valueback. These partner merchant rewards are capped at two thousand five hundred points per calendar month to prevent abuse while still offering substantial benefits for typical household spending patterns. All other eligible purchases earn two CashPoints per one hundred fifty rupees, representing a base rate of zero point three three percent, which is modest but acceptable for an entry-level card with minimal annual fees.

Eligibility requirements are accessible for middle-income Indians with salaried individuals needing a minimum net monthly income of twenty thousand rupees (two lakh forty thousand rupees annually) and being Indian nationals aged between twenty-one and sixty years. Self-employed and business professionals require an income tax return exceeding six lakh rupees per annum and can apply between ages twenty-one and sixty-five years. The card charges a joining fee and annual renewal fee of five hundred rupees plus goods and services tax, but both are waived when cardholders spend fifty thousand rupees or more during the membership year, making it effectively free for anyone using it regularly for groceries, dining, and shopping. Welcome benefits include five hundred CashPoints credited only when the membership fee is paid (not when waived), valued at one hundred twenty-five rupees as cashback. Additionally, cardholders receive a five hundred rupee gift voucher every calendar quarter upon spending fifty thousand rupees in that period, totaling two thousand rupees in annual voucher benefits for consistent users who cross the two lakh rupees annual spending threshold.

The RuPay variant offers unique advantages for digital payment enthusiasts by extending CashPoints earning to Unified Payments Interface transactions at two points per one hundred fifty rupees spent, capped at five hundred points monthly. This UPI reward excludes fuel purchases, wallet and prepaid card loads, voucher purchases, and is subject to the same exclusions as regular card spending. Redemption flexibility is a highlight with CashPoints convertible to statement credit at twenty-five paise per point through NetBanking or physical forms with a minimum redemption value of five hundred rupees worth of points required. Alternatively, points can be redeemed for flights, hotels, and catalogue products through the HDFC SmartBuy portal at the same valuation of twenty-five paise per point, with up to fifty percent of booking value payable through points and the remainder charged to the credit card. Monthly redemption caps apply at fifty thousand points for flights, hotel bookings, and cashback, while up to seventy percent of voucher or product value can be settled through CashPoints with the balance paid by card. CashPoints remain valid for two years from the date of earning, and importantly, every redemption request incurs a ninety-nine rupee processing fee regardless of transaction size, which can erode value for small redemptions.

Additional card benefits include a ten percent extra discount on Swiggy Dineout restaurant bookings using the code HDFCCARDS, making dining experiences more affordable. Fuel surcharge waiver of one percent applies on petrol and diesel transactions between four hundred and five thousand rupees with a monthly cap of two hundred fifty rupees per statement cycle. The card supports contactless payments without PIN for transactions up to five thousand rupees, enhancing convenience at retail stores and quick-service restaurants. Eligible purchases can be converted to equated monthly installments, and the card includes zero liability protection if card loss or theft is reported promptly to the bank. Notably absent from the feature set is complimentary airport lounge access, which many competing entry-level cards now offer, making this a significant gap for travel-oriented users. Interest charges apply at approximately three point six percent per month (roughly forty-three percent per annum) on revolving balances, emphasizing the importance of full monthly payments to avoid finance costs. International transactions incur a three point five percent forex markup plus goods and services tax on the converted amount, which is standard across most Indian credit cards but higher than specialized forex cards.

From July 2025, HDFC Bank implemented significant changes affecting the MoneyBack+ card’s reward structure and fee schedule. A one percent convenience fee now applies to rent payments, wallet loads exceeding ten thousand rupees monthly (excluding PayZapp wallet), and online skill-based gaming spends, with a monthly fee cap of four thousand nine hundred ninety-nine rupees across these categories. Concurrently, CashPoints earning is completely excluded on fuel purchases, rent payments, insurance premiums (with monthly point caps), wallet loads, equated monthly installment transactions, government payments, voucher and gift card purchases, and gaming spends, substantially narrowing the reward-eligible spending base. These changes reflect broader industry trends toward reducing issuer costs and preventing rewards arbitrage but do impact value proposition for users who previously earned points on these excluded categories. Application can be completed online through the official HDFC Bank MoneyBack+ credit card webpage or via NetBanking for existing customers, offline at any HDFC Bank branch, requiring submission of PAN card, income proof (salary slips or income tax returns), know-your-customer documents (Aadhaar, passport, or voter ID), and recent photographs. Processing typically completes within a few working days with digital tracking available, and credit limits are assigned based on individual credit profiles without public disclosure of standard limits. The card is best suited for frequent online shoppers, food delivery users, grocery buyers, and digital payment adopters who can maximize the three point three percent rewards on partner merchants while easily crossing the fifty thousand rupees annual threshold to avoid fees, though travelers, premium seekers, and those requiring comprehensive lifestyle benefits should explore higher-tier alternatives.

Pros & Cons

How to Apply

Detailed Fee Structure

Who Should Get This Card?

Alternatives & Competitor Comparison

Feature	HDFC MoneyBack+ Credit Card	SBI SimplyCLICK Credit Card
Card Image
Card Network	Mastercard, RuPay, Visa	Visa
USP	The HDFC MoneyBack+ Credit Card delivers 3.3% cashback on popular platforms like Amazon, Flipkart, Swiggy, and BigBasket, making it perfect for online shoppers and digital spenders. With quarterly vouchers, RuPay UPI rewards, and an affordable ₹500 annual fee waived on ₹50,000 spend, it's an excellent entry-level card for maximizing everyday e-commerce rewards.	The SBI SimplyCLICK Credit Card delivers exceptional value for online shoppers with up to 10X reward points on popular e-commerce platforms like Swiggy, Myntra, BookMyShow, and Cleartrip, plus attractive milestone benefits and a low annual fee structure ideal for digital-first consumers.
Annual Fee	500 Plus GST	499 Plus GST
Joining Fee	500 Plus GST	499 Plus GST
Welcome Benefits	500 Cashpoints on membership fee payment (worth ₹125 as cashback)	₹500 Amazon Gift Card voucher on payment of joining fee
Lounge Access	N/A	N/A
Reward Rate	Earn 10X Cashpoints (3.3% value) on Amazon, Flipkart, Swiggy, Reliance Smart SuperStore & BigBasket—20 points per ₹150 spent, capped at 2,500 points/month. Other spends earn 2 points per ₹150 (0.33% value). RuPay UPI spends earn 2 points per ₹150, capped at 500 points/month.	Earn 2.5% on 10X partner brands (Apollo 24|7, BookMyShow, Cleartrip, Dominos, IGP, Myntra, Netmeds, Swiggy, Yatra), 1.25% on other online purchases, and 0.25% on offline purchases. Monthly cap of 10,000 reward points on 10X partners and other online spends.
Interest Rate	3.6% per month (43% per annum)	3.5% per month (42% per annum)
Best For	Online Shopping	Online Shopping
Apply Now	Apply Now	Apply Now

Frequently Asked Questions