HDFC Bank, the financial giant of India offers so many credit cards of different categories, and the hdfc business moneyback credit card is one of them. It is a business credit card designed to provide support to small businesses with its no-cost EMI option. A credit card is useful in many ways; one of them is easy access to funding which is extremely useful for small business owners.
Apart from the no-cost EMI option, this card offers; exclusive deals on dining, fuel surcharge waiver, lost card liability coverage, etc. HDFC calls this card supersaver on their website, so let’s see how much savings it can offer us.
HDFC Credit Card Eligibility Criteria:
*This card is only available for self-employed individuals.
- Resident Type: Indian
- Age: The age of the applicant should be between 21 to 65 years.
- Income: Annual Income Tax Return should be greater than Rs. 6 lakh.
- A long relationship with the bank will help you to get this card.
- An excellent credit score (above 770) is needed to apply for this hdfc business moneyback credit card.
If you don’t know; how to apply for hdfc credit card? then feel free to visit our FAQ page to know the complete process.
Required Documents To Apply For HDFC Bank Business Moneyback Credit Card:
- Photocopy of Address proof (any 1)
- Last 6 months bank account Statement
- Aadhar Card
- Driving License
- Utility bills
- Photocopy of ID Proof (any 1)
- Aadhar card
- Voter Card
- PAN Card
- Two recent passport-sized photographs
- Proof of income statement:
- Salaried Person (any 1)
- Salary Slip of last 3 months
- ITR (Income Tax Return)
- Self-employed person
- Income tax return of the last year
- Proof of business
- Salaried Person (any 1)
Once your hdfc credit card application is submitted successfully, you can track hdfc credit card status using application number.
HDFC Moneyback Credit Card Yearly Charges:
- Joining Fee: Rs. 500 + GST
- Annual Fee: Rs. 500 + GST
You can pay your credit card bill online, but if you want to make the payment offline then feel free to visit our FAQ page to know; how to pay the hdfc credit card bill offline? if you are looking for the hdfc credit card ifsc code for credit card payment then you can find it here.
HDFC Moneyback Credit Card Benefits:
Attractive cashback offers on hdfc credit card transactions:
This card offers attractive cash backs on telecom, tax, and utility bill payments. If you can spend Rs. 10,000 in a billing cycle of hdfc credit card on the above-stated categories, you will get up to 5% cashback. You can get a maximum of Rs. 250 cashback in a credit cycle.
Accelerated reward points:
Earning reward points is very easy with this hdfc business credit card. The HDFC credit card reward scheme is discussed below.
|Description of spend||Total benefit|
|Every Rs. 150 online transactions||4 reward points.|
|On all other HDFC business moneyback credit card transactions. (Min Rs. 150)||2 reward points.|
|For every Rs. 150 spent on fuel purchase||5X rewards.|
You can earn a maximum of 1000 hdfc money back credit card reward points in a credit card billing cycle from fuel purchases.
You can redeem your total earned hdfc credit card reward points to cash. You will get Rs. 20 for each 100 reward points. The minimum hdfc bank credit card reward points redemption amount is Rs. 2500. You can also use your points to get a product from the hdfc credit card points catalogue. The hdfc moneyback credit card reward points redemption charge is Rs. 99 per redemption.
Premium dining experience:
Using this hdfc money back credit card you can enjoy up to a 20% discount on your dining bill, just use the Dineout pay app to make the payment. Also if you link your card with the Dineout pay app, you will get an additional 5% discount.
If you can spend Rs. 30,000 or more in a quarter with your business money back credit card , you can apply for 3 months Dineout membership, it offers some premium privileges on dining like; great deals on buffets, up to 25% discount at premium restaurants, premium access to some VIP events like Gourmet Licious, etc.
As per new credit card rules , international transactions are turned off on new credit cards, so if you want to use your card to make an hdfc international credit card transaction, then visit our FAQ page to know; how to enable international transactions on hdfc credit card?
Freedom from fuel surcharges:
If you use this card to purchase fuel, you will get a 1% waiver on fuel surcharges. This hdfc credit card petrol surcharge waiver offer is applicable at any fuel station in India. The minimum eligible transaction amount is Rs. 250 and you can earn a maximum of Rs. 400 cashback in a credit cycle.
Additional benefits on milestone spend:
You can earn some extra benefits on milestone spending. You can have a clear idea from the table given below.
|Description of spend||Total benefit|
|Rs. 1,80,000 with your card within a year||2,500 hdfc credit card bonus points .|
|Rs. 20,000 within the first 90 days of your money back hdfc credit card activation||You will get a complete waiver on your first-year hdfc credit card annual fee .|
|The monthly credit card transaction amount is above Rs. 30,000 and the monthly volume of your POS machine is Rs. 25,000 or more||You will get an Rs. 1000 waiver on POS machine rental charges.|
Opportunity to make your hdfc money back credit card lifetime free:
If you can spend Rs. 50,000 or more in a year, you will get a full waiver on the next year’s hdfc credit card annual fee.
Lost card liability coverage:
If you ever lost your Business money back credit card, you just have to report the loss by calling hdfc card customer care no and you will no longer be liable for any fraudulent transactions that may happen to your card.
For any hdfc bank credit card frauds complaints you can contact the hdfc credit card tollfree number or write to the hdfc credit card customer care email address given below. You can also block your credit card from the mobile application for hdfc credit card.
No-cost EMI option:
On this business money back credit card hdfc bank offers a no-cost EMI option, it allows you to purchase all your office essentials in bulk and convert the purchase into small monthly installments without paying any extra hdfc credit card emi charges . The HDFC no-cost EMI offer is available on these brands – Durian Industries, EVOK, Dash Square, Damro, Royal Oak, Stanley, The Maark Trendz, Kelvinator, Blur Star, etc. Click here for the latest deals. If you don’t know; how to convert emi in hdfc credit card? then feel free to visit our FAQ page to know the complete process.
Auto bill payment option:
IF you register your business money back hdfc credit card with the SmartPay option, your monthly utility bills will be paid automatically within due dates, you can control the auto bill payment option from the hdfc bank credit card net banking account.
Contactless payment facility:
This HDFC business moneyback credit card is equipped with an advanced contactless payment facility. This feature allows you to make payments with just a wave at any secure reader machine.
For security reasons, the maximum contactless transaction amount is limited to Rs. 5000 per transaction. You can also control the contactless payment option from the hdfc mobile app for credit card . You can also set a hdfc business moneyback credit card limit from there.
Applicable HDFC Moneyback Credit Card Charges:
|Cash Withdrawal Charge||2.5% against the transaction amount, min Rs. 500, check your hdfc moneyback credit card limit before making a withdrawal.|
|Finance Charges||3.6% monthly or 43.2% annually. Applicable even the minimum amount due in hdfc credit card bill is paid.|
|International credit card transaction charge||3.5% against the transaction amount.|
|Add-on card fee||Free for a lifetime.|
HDFC Bank Credit Card Customer Care Contact Details:
- Call the hdfc bank credit card toll free no: 1800-266-4332 (Toll Free) or 022-616-6161
- Write to the hdfc credit card helpline email id: firstname.lastname@example.org
If you want a low-cost credit card for your business-related expenses, then the HDFC business moneyback credit card will be a very good option for you. The most useful feature of the card is the No-cost EMI option, apart from that you will get attractive cashback and reward points, huge discounts on dining spend, fuel surcharge waivers, etc. In fact at Rs. 500 is not a bad credit card, and if you have the eligibility, you should go for this card.