HDFC Bank MoneyBack+ Credit Card

Key highlights of HDFC Bank MoneyBack+ Credit Card

Here are some key features of the HDFC Bank MoneyBack+ Credit Card and what they mean for you:

Feature	Details
Joining fee	₹500 + GST
Annual fee	₹500 + GST (waived on annual spend ≥ ₹50,000)
Reward rate	10X CashPoints on select brands (20 pts/₹150), 2 CashPoints/₹150 on others
Lounge access	Not available
Fuel surcharge waiver	1% waiver on fuel transactions (₹400-₹5,000; max ₹250 per cycle)
Income requirement	Salaried: ₹20,000+ monthly; Self-employed: ITR ₹6L+ pa
Best for	Online shopping, daily spending
Recommended for	First-time credit card users and regular online shoppers

Focusing on everyday rewards rather than luxury or travel benefits, this card is practical for regular use.

Why choose HDFC MoneyBack+ Credit Card?

Choosing an HDFC MoneyBack+ Credit Card can be useful because it:

• Earns rewards on everyday transactions without complex terms.
• Gives bonus accelerated points on popular online platforms like Amazon, Flipkart, Swiggy, BigBasket and Reliance Smart SuperStore.
• Has a low annual fee that is easily waived with regular spending.
• Offers fuel surcharge waiver, saving money on petrol and diesel purchases.
• Offers the smart EMI option for big purchases, helping manage budgets.
• Offers a zero-fraud liability if the card is lost or stolen and reported promptly.

These qualities make it a balanced choice if you seek rewards without premium costs.

Features and benefits of HDFC MoneyBack+ Credit Card

Reward earnings and structure

The HDFC MoneyBack+ Credit Card earns CashPoints that can be redeemed for statement credits, travel bookings, products or vouchers.

Reward breakdown:

• 10X CashPoints (20 CashPoints per ₹150 spent) on specific partner platforms such as Amazon, Flipkart, BigBasket, Reliance Smart SuperStore and Swiggy.
• 2 CashPoints per ₹150 spent on most other eligible transactions (excluding certain categories like wallets and fuel).

CashPoints add up over time and can significantly offset your card expenses.

Welcome and renewal benefits

• Welcome benefit: You receive 500 CashPoints when you pay the joining membership fee.
• Renewal benefit: On paying the annual renewal fee, you also receive 500 CashPoints.
• If you spend ₹50,000 or more in a year, the annual fee is waived.

Quarterly milestone benefit

Cardholders receive a ₹500 gift voucher every quarter if they spend ₹50,000 or more during that period. Over a year, you could earn up to ₹2,000 worth of vouchers just by using the card actively.

Fuel surcharge waiver

You get a 1% fuel surcharge waiver on fuel transactions between ₹400 and ₹5,000, with a maximum waiver of ₹250 per statement cycle. This helps reduce the cost of your petrol or diesel purchases.

Smart EMI and easy payments

Large purchases can be converted into Smart EMI payments, letting you repay over time in easy instalments. The card also supports contactless payments up to ₹5,000 without needing a PIN. You can also estimate your monthly instalments in advance using a credit card EMI calculator to plan repayments more effectively.

Fees and charges of HDFC MoneyBack+ Credit Card

The table below lists all charges and fees associated with an HDFC MoneyBack+ Credit Card:

Charge type	Details
Joining fee	₹500 + GST
Annual fee	₹500 + GST (waived on spends ≥ ₹50,000)
Interest rate	~3.6% per month (~43% p.a.)
Fuel surcharge waiver	1% (₹400-₹5,000) – max ₹250 per cycle
Late payment fee	Up to ₹1,300 depending on the outstanding amount
Foreign markup fee	~3.5% of transaction value
Cash advance fee	2.5% of the amount or ₹500 min
Rewards redemption fee	₹99 per redemption request

Moneyback plus credit card HDFC charges and fees can make a big difference in cost, so knowing them upfront helps you use the card wisely.

Reward points and cashback value of HDFC MoneyBack+ Credit Card

Points earned on the HDFC MoneyBack+ Credit Card are known as CashPoints.

• 1 CashPoint = ₹0.25 when redeemed against your statement balance or through the SmartBuy Rewards portal.
• You can use CashPoints to offset outstanding amounts, book travel (flights/hotels), or redeem products.

For Example:

If you spend ₹15,000 on Amazon (a 10X partner):

• ₹15,000 ÷ ₹150 = 100 units
• 100 × 20 CashPoints = 2,000 CashPoints
• 2,000 × ₹0.25 = ₹500 value

So, on a ₹15,000 spend with a partner brand, you receive roughly ₹500 worth of value in rewards.

On a general spending of ₹6,000:

• ₹6,000 ÷ ₹150 = 40 units
• 40 × 2 CashPoints = 80 CashPoints
• 80 × ₹0.25 = ₹20 value

The HDFC Moneyback Plus Credit Card reward points add up quickly if the bulk of your spending is on 10X categories.

Eligibility criteria for HDFC MoneyBack+ Credit Card

To apply for this card, you need:

• Age (salaried): 21 to 60 years
• Age (self-employed): 21 to 65 years
• Income: ₹20,000 or more per month for salaried; ₹6 lakh+ per year for self-employed
• CIBIL: A credit score above ~700 improves approval chances (not officially stated but generally recommended).

Note that HDFC Bank assesses credit history, income stability, and repayment capacity before approval.

Documents required for HDFC MoneyBack+ Credit Card

To apply for the HDFC MoneyBack+ Credit Card, you will usually need:

• Identity and address proofs: PAN card (mandatory), Aadhaar/Passport/Voter ID/Driving licence/Utility bills.
• Income proof: Salary slips (last 3 months) or ITR (for self-employed).
• Bank statements: Last 3-6 months (if required).

Having complete documentation speeds up processing.

How to apply for HDFC MoneyBack+ Credit Card through Urban Money?

Applying for an HDFC MoneyBack+ Credit Card through Urban Money is simple. You can do so in the following easy steps:

1. Visit www.urbanmoney.com or the Urban Money app and go to the credit card section.
2. Select HDFC Bank MoneyBack+ Credit Card from the list.
3. Enter your basic details to check eligibility.
4. Upload KYC and income documents digitally.
5. Complete verification via call/video KYC.
6. Upon approval, your card is issued; the virtual card may be usable even earlier.

Urban Money provides guided support to complete the application more smoothly.

Pros and cons of HDFC MoneyBack+ Credit Card

Here is a comparative table listing the pros and cons of an HDFC MoneyBack+ Credit Card:

Pros	Cons
Good accelerated rewards on online brands	No airport lounge access
Low fee with easy waiver	Some may see reward value as modest
Fuel surcharge waiver across India	Monthly caps on bonus rewards
Smart EMI for big spends	Not ideal for heavy travel spenders
Zero fraud liability when reported	Limited luxury benefits

Who should Get HDFC MoneyBack+ Credit Card?

This card is suitable for:

• First-time credit card users
• Regular online shoppers
• Individuals with moderate monthly spending
• People who want rewards on essentials without premium fees.

Do note that it may not be ideal if you are seeking high travel benefits or luxury lifestyle perks.