Synopsis: Among HDFC Bank’s many credit cards, the MoneyBack+ Credit Card is built for simple, everyday spending. It rewards online shopping and regular purchases without adding confusion. If you like easy savings, read on to know more.
Most people start their credit card journey looking for something simple. A card that rewards daily spending, works well for online shopping, and does not feel confusing. The HDFC Bank MoneyBack+ Credit Card fits that need well.
It gives reward points on every swipe with an extra benefits for online shopping. You earn points on the eligible spendings and can later use those and over time, those as cashback or for shopping and travel bookings. It is not a luxury card but is meant for simple usage especially for first-time users.
HDFC MoneyBack+ Credit Card
- Joining Fee: ₹500 + GST
- Annual Fee: ₹500 + GST (Annual fee is waived off if you manage to spend ₹50,000 and above per year)
- Card Type: Rewards and EMI benefits
- Best Suited For: Online shopping and everyday spending
Eligibility: If you are applying for this card you should be an Indian resident of min. 21-60 years old with a stable monthly income above Rs 20,000. If you are a self-employed person then the ITR should be above Rs 6 lakh per annum.
Other Fees & Charges
- Interest Rate (APR): Around 3.6% per month on unpaid balance
- Late Payment Fee: can go up to around ₹1300 depending on the outstanding balance
- Cash Withdrawal Fee: 2.5% of the amount or ₹500, whichever is higher
- Foreign Currency Mark-up: Around 3.5%
Welcome Benefits
- You receive 500 CashPoints when you pay the joining fee
- You may also get 500 CashPoints on renewal after paying the annual fee
Reward Structure
The MoneyBack+ card offers the reward points as cashpoints and you get:
- 10X CashPoints on online shopping at selected platforms like Amazon, Flipkart, BigBasket, Swiggy and Reliance Smart
- 2 CashPoints for every ₹150 spent on all other purchases
Redemption Process
CashPoints can be redeemed for cashback, travel bookings or products. CashPoints can be redeemed for cashback, travel bookings or products. 1 CashPoint is worth up to ₹0.25. The minimum points you can redeem is around 2,000 CashPoints and points can expire based on HDFC terms.
Also read: Is HDFC Infinia Credit Card Still the Ultimate Premium Card in 2026? A Detailed Overview
Key Benefits & Perks
- ₹500 worth Gift voucher on Quarterly spends of ₹50,000 or more
- 10% additional discount on Swiggy dineout
- 500 reward points on paying the joining fees
- Up to 50 days of interest free period
- Zero Lost Card Liability
Milestone Benefits
- Earn ₹500 gift vouchers on spending ₹50,000 in a calendar quarter
- You can earn vouchers worth up to ₹2,000 in a year
Who Should Get This Card?
- This card is for you if:
- You are a beginners starting their credit card journey
- You shop online regularly
- You want rewards on both online and offline spends
- You prefer simple rewards over premium perks
FAQs
Yes, if you spend ₹50,000 or more in a year.
Yes, it offers higher rewards on popular online platforms.
Written by: Supriya
