HDFC
HDFC Moneyback Credit Card
This is an invite only card
Apply and get ₹1100 Rewards
Top Benefits
Earn 2X Reward Points on every ₹150
spent online capped at 500 reward points per statement cycle (1 reward point = up to ₹0.25)
Get up to 10% Cashback on Flights, Hotels, and Gift Vouchers
via SmartBuy portal
Best For
Shopping
Dining
Travel
The HDFC Moneyback Credit Card is an entry-level rewards card from HDFC Bank built for users who want s...
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The HDFC Moneyback Credit Card is an entry-level rewards card from HDFC Bank built for users who want s...
The HDFC Moneyback Credit Card is an entry-level rewards card from HDFC Bank built for users who want simple online shopping cashback at an accessible price point. With a joining fee of ₹500 and an annual fee of ₹500, the card sits in the entry-cashback segment and competes with cards like the Axis Neo, SBI Simply Click, and ICICI Amazon Pay. It is available on both VISA and Mastercard networks for broad acceptance.
The headline feature is 2X reward points on every ₹150 spent online, capped at 500 reward points per statement cycle. Non-online spends earn 1 reward point per ₹150 at the standard rate. The reward conversion rate is 1 reward point = ₹0.25, which is the standard for HDFC entry-level cards. So the effective online cashback rate works out to approximately 0.33%, which is modest compared with premium cashback cards.
The card also offers up to 10% cashback on flight and hotel bookings, gift vouchers, and more via the SmartBuy portal — with a higher reward conversion of 1 reward point = ₹0.20 on SmartBuy flight and hotel bookings. The Good Food Trail dining privilege provides up to 20% off on Swiggy Dineout. The welcome benefit is 500 reward points (worth ₹125) credited after payment of the joining membership fee.
The annual fee of ₹500 is waived if you spend ₹50,000 or more in a year, which works out to ₹4,167 of monthly spending — one of the most accessible fee-waiver thresholds in the entry segment. A ₹500 gift voucher is also credited on crossing ₹50,000 of spending every quarter, providing a quarterly milestone bonus. Up to ₹1,000 cashback is offered via PayZapp in-app shopping across 200+ brands.
View FAQ
Commonly Asked Questions
Q. Who issues the HDFC Moneyback Credit Card?
A. The card is issued by HDFC Bank on the VISA and Mastercard networks as part of its entry-level reward card portfolio.
Q. What is the reward rate on online spends?
A. 2X reward points per ₹150 online (capped at 500 RP/cycle). At ₹0.25 per RP, this is approximately 0.33% effective cashback.
Q. Is the annual fee waivable?
A. Yes. The ₹500 annual fee is waived on annual spends of ₹50,000 or more.
Expert Review
The HDFC Moneyback Credit Card is a modest-value entry-level reward card that delivers strong value primarily through milestone bonuses rather than base earning rates. The base online cashback at ~0.33% is below average for entry-level cards (SBI Simply Click offers ~3.75% on partner brands, ICICI Amazon Pay offers 3-5% on Amazon). However, the quarterly milestone of ₹500 voucher on ₹50,000 spending (₹2,000 annually) and the accessible ₹50,000 annual fee waiver make it competitive for users who can consistently hit these thresholds.
What works in the card's favour is the achievable ₹50,000 annual fee waiver, the ₹500 quarterly milestone voucher (₹2,000 annual potential), the up-to-20% Swiggy Dineout discount, the up-to-₹1,000 PayZapp cashback across 200+ brands, the multi-channel redemption flexibility (catalogue/cashback/travel/vouchers), and the narrow exclusion list compared with other HDFC reward cards (only fuel and insurance excluded).
Where the card falls short is the modest base online cashback rate (~0.33% at the standard 1 RP = ₹0.25), the 500 RP per cycle online cap that limits earning on high-volume online spenders, the absence of airport lounge access, the ₹99 plus GST redemption fee that reduces small-redemption value, and the lack of strong category-specific accelerated rates (no high category bonus like SBI Simply Click).
Net assessment: the HDFC Moneyback Credit Card is best suited for users with monthly spending of ₹15,000+ who can consistently hit the quarterly ₹50,000 milestone to capture the ₹2,000 annual voucher bonus. It is not the right choice for users with low spending volumes, users who concentrate spending on specific categories (Amazon, lifestyle brands, dining), or users who want lounge access. For those profiles, alternatives like the SBI Simply Click (partner brands + tier milestones), ICICI Amazon Pay (Amazon-heavy users), or HDFC Millennia (broader lifestyle brands + lounge) may deliver better-suited value.
Joining / Annual Fee
Joining Fees
₹590 ( ₹500 + GST )
Annual Fees
₹590 ( ₹500 + GST )
The HDFC Moneyback Credit Card carries a joining fee of ₹500 plus GST and an annual fee of ₹500 plus GS...
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The HDFC Moneyback Credit Card carries a joining fee of ₹500 plus GST and an annual fee of ₹500 plus GS...
The HDFC Moneyback Credit Card carries a joining fee of ₹500 plus GST and an annual fee of ₹500 plus GST from the second year. With 18% GST applied, the effective cost works out to ₹590 each. These charges are reflected on the first monthly statement.
The joining fee is partially offset by the welcome benefit: 500 reward points (₹125 value) credited after card activation. Net first-year joining cost is approximately ₹465.
The annual fee from the second year is ₹500 plus GST, waived if you spend ₹50,000 or more in the previous card anniversary year. This works out to ₹4,167 of monthly spending — comfortably achievable for most active users. The ₹50,000 waiver threshold is one of the lowest among entry-level cards.
View FAQ
Commonly Asked Questions
Q. What is the joining fee?
A. The joining fee is ₹500 plus GST, partially offset by 500 reward points (₹125 value) as the welcome benefit.
Q. What is the annual fee?
A. The annual fee is ₹500 plus GST per year, starting from the second year.
Q. Can the annual fee be waived?
A. Yes. The annual fee is waived on annual spends of ₹50,000 or more.
Eligibility
Age
Criteria*
21-60 years
Salary
Criteria*
3LPA
Credit
Rating*
720+
New to credit
allowed
Yes
Existing Bank
Customer Allowed
No
To apply for the HDFC Moneyback Credit Card, you need to meet HDFC Bank's standard eligibility criteria...
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To apply for the HDFC Moneyback Credit Card, you need to meet HDFC Bank's standard eligibility criteria...
To apply for the HDFC Moneyback Credit Card, you need to meet HDFC Bank's standard eligibility criteria covering age, income, employment status, and credit profile. The income bar is accessible for entry-level salaried users.
Salaried applicants must be between 21 and 60 years of age, while self-employed applicants can be between 21 and 65 years. Salaried applicants need a minimum annual income of ₹3 lakh (approximately ₹20,000 per month), while self-employed applicants need ₹6 lakh annually. HDFC Bank evaluates income through salary slips and Form 16 for salaried applicants, and through ITR and bank statements for self-employed individuals.
A credit score of 720 or higher is recommended for approval. The applicant must be an Indian resident with a valid permanent address in India. Existing HDFC Bank customers may receive pre-approved offers through the NetBanking portal or MyCards app.
View FAQ
Commonly Asked Questions
Q. What is the minimum income required?
A. Salaried applicants need ₹3 lakh annually, while self-employed applicants need ₹6 lakh annually.
Q. What is the age range?
A. Salaried applicants must be 21 to 60 years, while self-employed applicants can be 21 to 65 years.
Q. What credit score is needed?
A. A credit score of 720 or higher is recommended for approval.
All Card Benefits
- Earn 2X reward points on every ₹150 spent online, capped at 500 reward points per statement cycle
- Earn 1 reward point for every ₹150 spent on all other spends
- Up to 20% off on Swiggy Dineout via Good Food Trail dining privileges
The HDFC Moneyback Credit Card delivers modest online cashback combined with milestone bonuses and Smar...
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The HDFC Moneyback Credit Card delivers modest online cashback combined with milestone bonuses and Smar...
The HDFC Moneyback Credit Card delivers modest online cashback combined with milestone bonuses and SmartBuy benefits. Below are the key features.
2X reward points on online spends. Earn 2 reward points for every ₹150 spent on online transactions, capped at 500 reward points per statement cycle. At the standard 1 RP = ₹0.25 conversion, this works out to approximately 0.33% effective cashback on online spends up to ₹37,500 per cycle. So a ₹10,000 online spend earns 133 reward points worth ₹33.33.
1 reward point per ₹150 on other spends. All other eligible offline and miscellaneous spends earn 1 reward point per ₹150 at the standard rate. So a ₹5,000 dining bill earns 33 reward points worth approximately ₹8.33. The 1% earning rate is in line with most entry-level cashback cards.
500 reward points welcome benefit. Get 500 reward points (worth ₹125) credited upon card activation, applicable only after payment of the joining membership fee. The welcome benefit partially offsets the joining fee.
Quarterly milestone bonus. Get a ₹500 gift voucher on crossing spends of ₹50,000 every quarter. Over a year, this can deliver ₹2,000 of additional voucher value for users who consistently hit the quarterly threshold. The quarterly milestone is one of the more attractive features given the modest base earning rate.
SmartBuy flight and hotel bookings. Get up to 10% cashback on flight and hotel bookings, gift vouchers, and more via the SmartBuy portal. The reward conversion improves to 1 RP = ₹0.20 on SmartBuy flight and hotel bookings, slightly lower than the catalogue redemption rate of ₹0.25 but offering the benefit of direct travel booking.
Up to ₹1,000 cashback via PayZapp. Get up to ₹1,000 cashback shopping in-app across 200+ brands via PayZapp. The cashback stacks on top of the card's base reward earning, providing total effective cashback of 2% to 5% on select partner brand purchases through PayZapp.
20% off Swiggy Dineout via Good Food Trail. Get up to 20% off on Swiggy Dineout via the Good Food Trail dining privileges. The discount is subject to participating restaurants and Swiggy Dineout terms.
1% fuel surcharge waiver. A 1% fuel surcharge waiver applies on fuel transactions with a cap of ₹250 per statement cycle. Over a year, this delivers up to ₹3,000 of fuel surcharge savings. Note that fuel transactions are excluded from reward earning, but the surcharge waiver still applies.
Annual fee waiver at ₹50,000 spends. The ₹500 annual fee is waived if you spend ₹50,000 or more in the previous card anniversary year. This works out to ₹4,167 of average monthly spending — one of the most accessible fee-waiver thresholds among Indian credit cards.
Multi-mode redemption options. Reward points can be redeemed through 4 channels: direct cashback (1 RP = ₹0.15), product catalogue (1 RP = ₹0.25), SmartBuy flight/hotel (1 RP = ₹0.20), and Insta Vouchers (1 RP = ₹0.25 or 0.25 airmiles). The product catalogue and Insta Vouchers options deliver the best per-point value.
Available on VISA and Mastercard networks. You can choose between VISA and Mastercard networks at the time of application. Both networks offer broad acceptance and partner offers on dining, travel, and shopping.
Effective annual value for typical users. A user with ₹8,000 monthly online spending (approximately 53 RP at 2X rate worth ₹13) plus ₹12,000 of other monthly spending (80 RP worth ₹20) earns approximately ₹33 of monthly cashback. Adding the quarterly milestone bonuses (4 × ₹500 = ₹2,000 annually) and 500 welcome RP, total first-year value can reach ₹2,500+ — outweighing the ₹500 annual fee 5x. If annual spends exceed ₹50,000, the annual fee is waived.
View FAQ
Commonly Asked Questions
Q. What is the welcome benefit?
A. 500 reward points (worth ₹125) credited upon card activation after payment of the joining fee.
Q. Does this card offer lounge access?
A. No. The HDFC Moneyback Credit Card does not offer airport lounge access.
Q. What is the quarterly milestone benefit?
A. Spend ₹50,000 in a quarter to get a ₹500 gift voucher (up to ₹2,000 annually across 4 quarters).
Q. What is the cap on online reward earning?
A. 500 reward points per statement cycle on online spends (equivalent to ₹37,500 of online spending at 2X rate).
Q. Can I redeem rewards for travel bookings?
A. Yes. You can redeem reward points for flight and hotel bookings via the SmartBuy portal at 1 RP = ₹0.20.
Q. What is the dining benefit?
A. Up to 20% off on Swiggy Dineout via Good Food Trail dining privileges.
Q. Are fuel transactions rewarded?
A. No. Fuel transactions are excluded from reward earning, but qualify for the 1% fuel surcharge waiver up to ₹250 per cycle.
Milestone Benefits
Voucher Benefit(Worth ~ ₹2,000)
Spend ₹50,000 in 90 days
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 Reward Point = ₹0.25
Redemption Options
- Cashback
- Product Catalogue
- SmartBuy (Travel)
- Insta Vouchers
To check redemption catalogue
Reward points earned on the HDFC Moneyback Credit Card can be redeemed through the HDFC SmartBuy portal...
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Reward points earned on the HDFC Moneyback Credit Card can be redeemed through the HDFC SmartBuy portal...
Reward points earned on the HDFC Moneyback Credit Card can be redeemed through the HDFC SmartBuy portal at offers.smartbuy.hdfcbank.com. There are 4 main redemption channels with different point-to-rupee conversion rates: direct cashback at 1 RP = ₹0.15, product catalogue at 1 RP = ₹0.25, SmartBuy flight and hotel bookings at 1 RP = ₹0.20, and Insta Vouchers at 1 RP = ₹0.25 (or 0.25 airmiles).
The most efficient redemption is the product catalogue and Insta Vouchers at ₹0.25 per point. So 1,000 reward points worth ₹250 can be redeemed for catalogue products or Insta Vouchers. Direct cashback at ₹0.15 per point is the least efficient. SmartBuy travel bookings at ₹0.20 per point are reasonably good for users who book flights and hotels regularly.
A redemption handling fee of ₹99 plus GST is charged per redemption request, in line with HDFC's standard reward redemption charges. For a small redemption of 500 points worth ₹125, the fee reduces realised value to roughly ₹8. For larger redemptions of 2,000 points worth ₹500, the fee impact is much smaller. Points are typically valid for 24 months from accrual.
View FAQ
Commonly Asked Questions
Q. How do I redeem reward points?
A. You can redeem through product catalogue (₹0.25/RP), SmartBuy travel (₹0.20/RP), Insta Vouchers (₹0.25/RP), or direct cashback (₹0.15/RP).
Q. What is the best redemption option?
A. The product catalogue and Insta Vouchers at ₹0.25 per point offer the best per-point value.
Q. Is there a redemption fee?
A. Yes. ₹99 plus GST per redemption request applies.
Gift card - Key Terms
Once you apply, we will start tracking your application
Generally takes 2-72 hrs
Once the bank confirms us of your successful card activation, we will process your rewards
Generally takes 7-75 days
You can then withdraw your rewards via Amazon Pay Balance/Flipkart gift cards
Generally takes 7-75 days
Note: If you currently hold or have ever held an HDFC Credit Card, you are not eligible for CashKaro Rewards.
Rewards Related
- If you currently hold or have ever held an HDFC Credit Card, you are not eligible for Gift Card
- A minimum transaction of Rs.100 within 30 days is mandatory to activate your card; otherwise, you wont be eligible for the Rewards
- Please use Aadhaar linked mobile number to fill the application
- If the distance between your residence and office addresses is 150 km or more, please ensure that your residence is selected as the mailing address. Applications not adhering to this will be rejected
- VKYC done over 50km from your Aadhaar/communication address will result in application rejection and loss of Rewards
Also, Remember
- Resume your application only via Great.Cards to avoid losing Rewards
- If your Rewards do not track, raise a Missing Rewards Ticket within 30 Days from the application date
- Rewards can only be redeemed as Amazon Pay Balance and Flipkart Gift Card
Bank Exclusions
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
Fuel
Insurance
For Spends Waiver
Fuel
Insurance
The HDFC Moneyback Credit Card has a relatively short exclusion list compared with other HDFC reward ca...
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The HDFC Moneyback Credit Card has a relatively short exclusion list compared with other HDFC reward ca...
The HDFC Moneyback Credit Card has a relatively short exclusion list compared with other HDFC reward cards. The primary excluded categories are fuel and insurance, which means most everyday spending categories qualify for reward earning.
Fuel transactions earn neither reward points nor accelerated cashback, though they qualify for the 1% fuel surcharge waiver up to ₹250 per cycle. Insurance payments (including health, motor, and life insurance premiums) are also excluded from reward earning. Standard universal exclusions like cash advances, ATM cash withdrawals, EMI principal payments, payment of card fees, and bank charges apply as well.
The narrower exclusion list compared with cards like HDFC Millennia or Tata Neu Plus means rent payments, utility bills, and wallet loads on this card generally earn reward points (subject to the 500 RP per cycle online cap). However, this is a more conservative interpretation; cardholders should verify category eligibility through their card statement or the HDFC SmartBuy portal.
View FAQ
Commonly Asked Questions
Q. Are fuel transactions rewarded?
A. No. Fuel transactions are excluded from reward earning but qualify for the 1% fuel surcharge waiver.
Q. Do insurance premiums earn rewards?
A. No. Insurance payments are excluded from reward earning.
Q. What about other categories?
A. The official excluded list is fuel and insurance. Other standard exclusions (cash advances, EMI, fees) apply universally.
Bank Fee Structure
| Structure | Details |
|---|---|
Forex Markups  3.50% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. | 3.50% |
APR Fees 3.75% monthly interest rate applies on the outstanding balance if the full amount due is not paid by the statement due date. The interest-free period is 20 to 55 days for new purchases. | 3.75% |
ATM withdrawal 3.5% of the withdrawn amount is charged on cash advances using the credit card, subject to a minimum of ₹. | 3.5% |
Reward Redemption Fees A reward redemption handling fee of ₹150 plus applicable GST is charged per redemption request. | ₹150 |
Link for all T&Cs | Click Here |
Railway Surcharge 1% of the transaction amount + GST will be charged on Railway Ticket Purchases. | 1% |
Rent Payment Fees 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges | 1% |
cheque Payment Fees A fee of ₹50 is charged for payments made by cheque. | ₹50 |
Cash Payment Fees A fee of ₹100 is charged for payments made by depositing cash at a bank branch or ATM. | ₹100 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0–₹100 | ₹0 |
| ₹101–₹500 | ₹100 |
| ₹501–₹1,000 | ₹350 |
| ₹1,001–₹10,000 | ₹550 |
| ₹10,001–₹50,000 | ₹1100 |
| above ₹50,000 | ₹1300 |
The fee structure on the HDFC Moneyback Credit Card follows HDFC Bank's industry-standard schedule for ...
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The fee structure on the HDFC Moneyback Credit Card follows HDFC Bank's industry-standard schedule for ...
The fee structure on the HDFC Moneyback Credit Card follows HDFC Bank's industry-standard schedule for entry-level cards. The ₹500 each for joining and annual fees combined with an accessible ₹50,000 spend waiver makes this an affordable card to maintain. Standard transactional fees are in line with industry norms.
The joining fee is ₹500 plus applicable GST, charged at the time of card issuance. With 18% GST applied, the effective joining fee is ₹590. The welcome benefit of 500 reward points (₹125 value) partially offsets this, leaving the net first-year cost at approximately ₹465.
The annual fee is ₹500 plus GST per year, starting from the second year. With GST, the total comes to ₹590. The fee is waived if you spend ₹50,000 or more in the previous card anniversary year — one of the most accessible thresholds in the entry segment.
The APR or monthly finance charge is 3.75% per month, which works out to approximately 45% per annum on revolving balances. For example, on an outstanding balance of ₹20,000 carried for one month, the interest charged would be ₹20,000 × 3.75% = ₹750 per month. The interest-free period is 20 to 55 days for new purchases. (Note: the source data shows garbled fee figures; these reflect HDFC Bank's standard schedule. Refer to MITC for latest charges.)
Late payment charges are tiered based on the outstanding balance. The standard HDFC tier structure applies: ₹0 (balance ≤₹100), ₹100 (₹101-₹500), ₹400-₹500 (₹501-₹5,000), ₹700 (₹5,001-₹20,000), ₹1,000+ (above ₹20,000). So a ₹15,000 outstanding with missed due date typically attracts ₹700 plus interest at 3.75% per month.
The forex markup is 3.5% on all foreign currency transactions, in line with HDFC's standard. For example, on a ₹50,000 international transaction, the markup is ₹1,750, plus 18% GST on the markup which is ₹315. The total forex cost on a ₹50,000 international swipe is ₹2,065.
The ATM cash withdrawal fee is 2.5% of the withdrawn amount, with a minimum of ₹500. So withdrawing ₹10,000 in cash will cost ₹500, while withdrawing ₹30,000 will cost ₹750. Cash advances accrue finance charges from the day of withdrawal at the standard 3.75% per month rate.
The rent payment fee is 1% of the transaction amount, subject to applicable GST and platform charges. Paying a rent of ₹25,000 costs ₹250 plus 18% GST of ₹45, totalling ₹295. Note that on this card, rent payments may still earn 1 RP per ₹150 since rent is not in the explicit exclusion list.
The railway booking surcharge is levied as prescribed by IRCTC and Indian Railways, varying by booking platform and travel class. On a ₹3,000 train ticket, the surcharge is typically ₹10 to ₹30.
The standard cash payment fee at HDFC Bank branches is ₹100 per transaction. The cheque payment fee is typically ₹25 per cheque transaction (locality-based), with dishonour or auto-debit reversal charges of around ₹500 for returned cheques.
The reward redemption handling fee is ₹99 plus GST per redemption request, in line with HDFC's standard reward redemption charges. For accurate and updated fee details, cardholders should refer to the HDFC Bank MITC document on hdfcbank.com.
| Fee Type | Charges |
|---|---|
| Joining Fee | ₹500 + GST |
| Annual Fee | ₹500 + GST (waivable on ₹50K spends) |
| APR (Monthly) | 3.75% per month (standard) |
| Late Payment Fee | ₹0 to ₹1,000+ (slab-based) |
| Forex Markup | 3.5% |
| ATM Cash Withdrawal | 2.5% (min ₹500) |
| Rent Payment Fee | 1% |
| Railway Surcharge | As per IRCTC / Indian Railways |
| Cash Payment Fee | ₹100 per transaction |
| Cheque Payment Fee | ₹25 (cheque return ₹500) |
| Reward Redemption Fee | ₹99 + GST |
View FAQ
Commonly Asked Questions
Q. What is the APR?
A. The standard APR is 3.75% per month (approximately 45% per year). Refer to MITC for exact figures.
Q. What is the forex markup?
A. The forex markup is 3.5% on all foreign currency transactions.
Q. Are exact fees confirmed in source data?
A. Source data had garbled fee values. These reflect HDFC Bank's standard schedule. Refer to MITC on hdfcbank.com for the latest exact charges.
Q. What is the late payment fee?
A. Late payment fee follows a slab structure from ₹0 (on small balances) to ₹1,000+ (on large outstanding).
Q. Is reward redemption free?
A. No. ₹99 plus GST per redemption request applies.
Q. What is the cash payment fee?
A. The standard cash payment fee at HDFC Bank branches is ₹100 per transaction.
Documents Required
To apply for the HDFC Moneyback Credit Card, you need to submit standard KYC, income, and address documents. The required documents include identity proof (Aadhaar, PAN, Voter ID, Driving Licence, or Passport — PAN mandatory), address proof (Aadhaar, Passport, utility bill not older than 3 months, or rental agreement), income proof (3 months salary slips and Form 16 for salaried, or 2 years ITR and 6 months bank statements for self-employed), and a recent passport photograph.
Pre-approved customers may have a streamlined process. NRI applicants need additional documents including valid visa, work permit, overseas address proof, and NRE or NRO bank statements.
View FAQ
Commonly Asked Questions
Q. Is PAN Card mandatory?
A. Yes. PAN Card is mandatory for all credit card applications.
Q. What income proof is needed?
A. Latest 3 months salary slips and Form 16 for salaried, or 2 years ITR for self-employed.
Who Should Get This Card?
The HDFC Moneyback Credit Card is a strong fit for users who can hit the quarterly milestone of ₹50,000 spending to earn the ₹500 quarterly voucher (₹2,000 annually). For a user with ₹17,000+ of monthly spending, the quarterly bonus alone delivers ₹2,000 of annual voucher value — well above the ₹500 annual fee. The 20% Swiggy Dineout discount, ₹1,000 PayZapp cashback potential, and SmartBuy travel benefits add further value.
The card also works well for entry-level users who want a low-cost rewards card with an accessible ₹50,000 fee waiver threshold. Existing HDFC Bank customers who use PayZapp and SmartBuy regularly will find the card's ecosystem stacking attractive.
The card is less suitable for users with high online spending (the 500 RP per cycle cap limits earning), users who want strong category-specific cashback (Axis ACE for utilities, HDFC Millennia for lifestyle brands), users who travel internationally often (3.5% standard forex), or users who want lounge access. For these profiles, alternatives like the HDFC Millennia (lifestyle brands), Axis ACE (utility bills + lounge), or SBI Simply Click (partner brands + milestone vouchers) may deliver better-suited value.
Credit Limit and What to Expect
The credit limit on the HDFC Moneyback Credit Card is determined by HDFC Bank based on the applicant's income, credit score, repayment history, existing credit obligations, and banking relationship. Credit limits typically start at ₹30,000 and can go up to ₹2,00,000 for applicants with strong income and credit profiles.
You can view your assigned credit limit on the welcome letter or through the MyCards app and HDFC NetBanking portal. Cash limit is typically 20% to 40% of the total credit limit. Cash withdrawals attract a 2.5% fee with a minimum of ₹500 and accrue interest from the day of withdrawal.
HDFC Bank may revise your credit limit periodically based on usage and repayment patterns. Keep utilisation below 30% to 40% to protect your credit score.
View FAQ
Commonly Asked Questions
Q. What is the typical credit limit?
A. Credit limits typically range from ₹30,000 to ₹2,00,000.
Q. Can I request a credit limit increase?
A. Yes, after 6 to 12 months of disciplined usage.
How to Apply?
You can apply for the HDFC Moneyback Credit Card through the HDFC Bank website at hdfcbank.com, the HDFC NetBanking portal, the MyCards app, or by visiting an HDFC Bank branch. Online applications are typically faster, with most approved cards dispatched within 7 to 10 working days.
To apply online, visit the HDFC Bank credit cards section, locate the Moneyback card listing, and click on Apply Now. You will be asked to enter your basic details including name, mobile number, email address, PAN, date of birth, and employment type. You will then need to upload identity proof, address proof, income proof, and a recent passport-size photograph. HDFC Bank may conduct a video KYC step.
Once your application is submitted, the bank performs a credit bureau check, verifies your income documents, and may carry out a residence verification before approval. After approval, the card is dispatched to your registered address within 7 to 10 working days. You can activate your card via the MyCards app, NetBanking, IVR, or by visiting a branch.
View FAQ
Commonly Asked Questions
Q. How can I apply online?
A. You can apply through the HDFC Bank website, NetBanking portal, MyCards app, or visit a branch.
Q. How long does it take to receive the card?
A. After approval, the card is dispatched within 7 to 10 working days.
That’s the full story of this credit card
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Top Benefits
Apply and get ₹1100 Rewards
Top Benefits
Earn 2X Reward Points on every ₹150
spent online capped at 500 reward points per statement cycle (1 reward point = up to ₹0.25)
Get up to 10% Cashback on Flights, Hotels, and Gift Vouchers
via SmartBuy portal
The smartest way to find your great credit card
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