HDFC Moneyback Credit Card Review

HDFC Bank, the un-crowned king of the Indian credit card market is best known for its useful and beneficial credit card lineup. Their cards are generally enriched with usefulness and exclusive hdfc credit card offers . And the hdfc bank moneyback credit card is not an exception. 

This money back hdfc credit card is specially designed to help you to earn more reward points from your transactions. It offers exclusive reward benefits, fuel surcharge waivers, annual fee waiver options, and some exclusive hdfc money back credit card features like  EMI facilities or contactless payment options.

Also to sweeten the whole deal, HDFC also offers zero lost card liability on this hdfc moneyback card . So, let’s have a closer look at the hdfc money back credit card details and see if it is worth the Rs. 500 annual fee or not. 

HDFC moneyback credit card eligibility criteria:

  • Resident Type: Indian
  • For salaried person:
    • Age: Between 21 to 60 years. 
    • Income: The average monthly income should be above Rs. 25,000.
  • For self-employed person:
    • Age: Between 21 to 65 years.
    • Income: Income Tax Return should be greater than Rs. 6 lakh. 
  • A long relationship with the bank. 
  • An excellent Credit Score (Above 760) is needed to apply for this moneyback hdfc credit card .

Visit our FAQ page to know how to apply hdfc credit card online and offline. You can also click here to track your hdfc bank credit card application online. 

Required documents for hdfc moneyback visa platinum credit card application:

  • Photocopy of Address proof (any 1)
    • Last 6 months bank account Statement
    • Aadhar Card
    • Driving License
    • Passport
    • Utility bills
  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • 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

Visit our FAQ page to know how to activate hdfc credit card pin for the first time.

Hdfc credit card fees :

  • Hdfc money back card joining fee: Rs. 500 + GST
  • Hdfc money back credit card annual fees : Rs. 500 + GST

Hdfc money back credit card benefits:

The money back hdfc credit card benefits are discussed below. 

  • Welcome gift:

HDFC likes to welcome their new customers with some special gifts and this is not an exception with this hdfc money back card. With the activation of hdfc credit card , you will get 500 cash points as a welcome gift. The points will be credited to your account with the payment of the first year hdfc moneyback credit card annual fee .

  • Hdfc credit card money back offers:

This card is best for offering exclusive reward points on your everyday spending. On each Rs. 150 spent, the hdfc bank moneyback credit card offers 2 reward points. You will also get 2X reward points for the same on online transactions. You can earn up to 500 hdfc money back credit card points in a credit cycle. 

These hdfc moneyback credit card reward points are easily redeemable; you can use those points for hotel/flight/travel booking. You can pay up to 50% of your booking value through these points. You can also use those points to buy a product from the hdfc money back credit card reward points redemption catalog. 

1 hdfc money back credit card reward points value in rupees is equal to Rs. 0.25. You can redeem those points within 2 years from the date of their accumulation. 

The hdfc credit card reward points value depends on how you use them, you can get a clear idea from the hdfc money back credit card redemption chart given below. 

The hdfc platinum money back credit card reward point value depending on the redemption method

Via hdfc credit card catalogue Via SmartBuy If converted into Airmiles  If redeemed into cash
0.25 0.2 0.25 0.2

You can check your total earned hdfc credit card rewards points from your credit card statement. You can also download hdfc credit card statement from the hdfc net banking for credit card

  • Hdfc moneyback credit card fuel surcharge waiver:

This hdfc visa money back credit card has some exclusive offerings on fuel purchase, if you use this card for fuel purchase, you will get a 1% waiver on fuel surcharges. You can earn up to Rs. 250 waiver in a hdfc credit card billing cycle . The transaction amount should be greater than Rs. 400. 

  • Milestone offers on hdfc money back credit card:

With this hdfc bank money back credit card , you can earn some extra benefits too. The HDFC Bank MoneyBack Credit Card milestone benefit scheme is discussed below.

Minimum Spent Time  Total Benefit
Rs. 20,000 Within the first 90 of the card activation. The first-year membership fee will be waived off.
Rs. 50,000 In a calendar quarter. A gift voucher worth Rs. 500.
Rs. 50,000 In the first year. The hdfc money back credit card annual fee will be waived off.
  • Hdfc money back credit card emi facility:

Are you worried about your huge shopping bill? Then this moneyback card can be very helpful for you. With this card, you can convert your high-value purchases into easy EMIs and pay them back easily in monthly installments. You can visit our FAQ page for the hdfc credit card emi conversion process. 

Also, this hdfc moneyback credit card offers up to 50 days of an interest-free period. You can also click here to calculate the applicable hdfc moneyback credit card interest rate on your EMI. 

  • Zero lost card liability coverage:

On this money back credit card hdfc bank offers zero lost card liability coverage. That means if your hdfc bank credit card ever gets stolen, all you have to do is to report the loss just by calling the hdfc bank credit card helpline number and you will no longer be liable for any fraud that happens after your reporting. Click here for the detailed hdfc credit card terms and conditions .

  • HDFC credit card contactless payment feature:

This hdfc bank moneyback credit card comes with an advanced contactless payment facility which means you don’t need to hand over your card to make payments. It also reduces the chances of credit card skimming by using cutting edge technology.

Hdfc moneyback credit card charges:

Particulars  Payable amount
hdfc credit card cash withdrawal charges  2.5% against the withdrawn amount,  (Max Rs. 500). Check your hdfc money back credit card limit before making a withdrawal
Finance Charges The hdfc money back credit card interest rate is 3.49% monthly which is 41.88% annually
hdfc credit card international transaction charge 3.5% against the transacted amount
hdfc moneyback credit card add-on card fee Free for a lifetime

Hdfc credit card customer service contact details:

  • Call the hdfc credit card customer care toll free number : 1800-266-4332 (Toll Free) or 022-616-6161
  • Hdfc credit card complaint email id : [email protected] 

100xGain Ratings: 

7/10

Final Opinion:

If you want a basic credit card for your everyday expenses then this hdfc bank moneyback credit card can be the best option for you. Like all credit cards, it has some pros and cons too. Let’s discuss the pros first. This hdfc moneyback credit card offers some exclusive reward benefits which can be helpful if you want to earn reward points from your card, this card also offers a fuel surcharge waiver and milestone benefit which makes it perfect for everyday uses. 

Now the cons; I think the major drawback of this card is that it does not offer any hdfc money back credit card lounge access , or some hdfc money back credit card movie offers . Also, this card does not offer golf access, but this is not a deal-breaker, so if you are looking for a basic credit card then you can definitely go for this card.   

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