Important: As per RBI guidelines, issuance of new credit cards on Mastercard platform has been discontinued until further notice. Normal card services will continue for existing users. HDFC Bank will continue to issue the Visa variant of this card.
HDFC Moneyback is one of the most popular entry-level credit cards in India. which offers cashback on every transaction. It is best suited for frequent shoppers, especially those who prefer online shopping, as it gives 2 reward points on every retail spend and 2x reward points on online shopping. Let us have a good look at the features of this card and find out whether it would be a good pick for you.
Key Highlights of HDFC MoneyBack Credit Card
|Joining Fee||Rs. 500 + Taxes|
|Rewards||2 reward points on every Rs. 150 spent|
2x (4) reward points on every Rs. 150 spent online
|Welcome Benefit||500 cash points on payment of membership fee|
|Milestone Benefit||The first-year membership fee is waived off on spending Rs.20,000 or above in the first 90 days|
|Minimum Income||Salaried: Gross Monthly Income > Rs.25,000|
Self Employed: ITR > Rs.6,00,000 per annum