HDFC MoneyBack Credit Card is suitable for shopping as cardholders get cashback in the form of reward points on their purchases. The earned cashback can be utilised for further shopping or can also be converted into direct statement credit.
Key Highlights of HDFC MoneyBack Credit Card |
Find Similar Credit Cards |
MoneyBack Reward Program- Rewards points earned on purchases made using the HDFC Bank MoneyBack Credit Card can be easily redeemed for gifts and air miles:
Reward points earned on the HDFC Bank MoneyBack Credit Card are valid for a period of 2 years from the date they were earned
Fuel Surcharge Waiver- Fuel surcharge waiver of 1% on transactions above Rs. 400. The upper limit for fuel surcharge waiver is set at Rs. 250 (plus applicable service tax) for every billing cycle.
| Title | Details |
|---|---|
| Annual Fee | Rs. 500 + GST |
| Cash Advance Charges | 2.5% of the amount withdrawn or Rs. 500 whichever is higher |
| Finance Charges | 3.6% p.m. | 43.2% p.a. |
| Over limit Charges | 2.5% of over limit amount, subject to a minimum of Rs. 550 |
| Railway Ticket Purchase Fee | 1.8% of the transaction amount + GST |
| Reissue of Lost, Stolen or Damaged Card | Rs. 100 |
| Payment Return Charges | 2% of Payment amount subject to a minimum of Rs. 450 |
| Cash Processing Fee | Rs. 100 (for all card payments made by depositing in HDFC Bank branches or ATMs) |
| Balance Transfer Processing Charges | 1% of BT amount or Rs. 250, whichever is higher |
| Late Payment Charges | For Statement Balance:
|
Eligibility and Documentation
| Criteria | Details |
|---|---|
| Occupation | Salaried or Self-employed |
| Minimum Income for Salaried Applicants | Rs. 13,500 per month |
| Minimum Income for Self-employed Applicants | Rs. 22,500 per month |
| Serviceable Cities | Click here for the list of eligible cities |
Along with your application form, you should also submit valid proof of identity, address and income. Given below is the list of documents.
| Proof of Identity | Passport, PAN Card, Aadhaar Card, Voter’s ID Card, Driving Licence, Photo Credit Card, Central and State Govt. issued Photo ID Proof, Defence ID Card, etc. (any 1) |
| Proof Address | Aadhaar Card, Ration Card, Passport, Bank Account Statement, Voter’s ID Card, Letter from any recognized public authority, Telephone Bill, Electricity Bill, Water Bill (not more than 3 months old), etc. (any 1) |
| Proof of Income | Salary Slips (not more than 3 months old), Bank Statements (not more than 3 months old), ITR, Form-16, etc. (any 1) |
One can apply for HDFC Bank MoneyBack credit card through Paisabazaar.com in a few simple steps as given below:
Alternatively, you can apply on the bank’s website directly or by visiting the nearest branch of HDFC Bank.
What is the credit limit of HDFC Bank MoneyBack?
The credit limit is decided by the bank on a number of factors like the credit score, annual income and cardholder’s age. Once you apply for the credit card and your application is approved, the bank will communicate the credit limit to you.
What is the annual fee of HDFC MoneyBack?
The annual fee of HDFC MoneyBack is Rs.500 plus applicable taxes.
Can I withdraw cash from HDFC MoneyBack credit card?
Yes, you can withdraw cash from your credit card account. A fee of 2.5% – 3% is typically charged every time you withdraw cash from your credit card
account.
How do I redeem HDFC card reward points into cash?
You can redeem HDFC reward points into cash via Internet Banking. Under the redemption portal after logging in, you will see an option of converting reward points into cash. The cash credit is usually credited within 7 working days.
How to use this chip card?
The merchant must follow these steps to use the HDFC Bank chip card:
| Credit Card | Annual Fee | Reward Points | Net Savings |
| HDFC Moneyback | Rs.500 | Earn 2X Rewards on online spends | Rs.484*Rs.1,480** |
| Standard Chartered Platinum Rewards | Rs.250 | Earn 5 Reward Points for every Rs.150 spent at partner dining restaurants | Rs.8,510*Rs.9,782** |
| SBI SimplyClick | Rs.499 | Earn 10X Reward Points with partner brands like Amazon, BookMyShow, Cleartrip, Urban Clap etc. | Rs.9,271*Rs.14,541** |
| ICICI Bank Coral Contactless | Rs.500 | Earn 2 Payback Points on every Rs.100 spent | Rs.10,636*Rs.15,771** |
| IRCTC SBI Platinum | Rs.500 | Earn 350 activation bonus Reward Points on spending Rs.500 or more within first 45 days of issuance | Rs.4,776*Rs.9,964** |
*On spending Rs.2 lakh annually
**On spending Rs.4 lakh annually
| Credit Card | Annual Fee | Key Feature | Paisabazaar Rating |
| ICICI Rubyx | Rs.2000 | 2 Complimentary Movie Tickets every month from BookMyShowComplimentary round of Gold every month | 4.3/5 |
| Citibank Rewards | Rs.1,000 | Get up to 20% discount on dining bills at partner restaurantsGet up to 2,500 Reward Points on using this card within first 60 days | 4.2/5 |
| SBI SimplySave | Rs.499 | Spend Rs.90,000 or more in a year to avail annual fee reversalConvert big ticket purchases into smaller EMIs at no extra cost | 3.7/5 |
| American Express Membership Rewards | Rs.1,500 | Earn 1,000 membership bonus Rewards Points atleast 4 times per monthEarn 1 Membership Reward Point on every Rs.50 spent | 3.9/5 |
It is a good credit card that gave benefits on entertainment. I am satisfied with this.
Hi! i am very satisfied with the service because I got The Card in Just a single click with good limit. Really thanks to Paisabazaar and Ankit Pandey(EW04877).
It is truly addictive as the advantages are plenty. In fact, what you pay for the card is negligible if you compare it with the offerings. Now it appears I can't live without this card
This card has no parallel. I have used plenty of credit cards but this offers innumerable benefits. Now it appears, I can't live without this card and it is truly addictive
Glad that the agents come right at my door for the documentation of this card.
I simply cherish the vast mix of benefits and savings coming my way with this card.
