HDFC MoneyBack+ Credit Card Review

When it comes to powerful rewards at an affordable rate, the hdfc moneyback + credit card is the choice of many Indians. Targeting the huge Indian customer base, the hdfc money back +  credit card offers powerful rewards with every transaction, attractive discounts on dining expenses, big monthly waivers on fuel surcharges, additional benefits on milestone spends, and lots more.

So, if you are interested, then make sure to go through the complete review to know more about the money back hdfc credit card benefits.

Who can apply for the hdfc money back plus credit card?

• Resident Type: Indian
• HDFC money back credit card eligibility criteria for salaried people:
  • Age: 21 to 60 years.
  • Income: Above Rs.20,000 monthly.
• HDFC money back credit card eligibility criteria for self-employed people:
  • Age: 21 to 65 years.
  • Income: Above Rs.30,000 monthly.
• A credit score of 700+ is required to apply for this money back hdfc credit card.

What documents are required to apply for the hdfc money back credit card?

• Photocopy of Address proof (any 1)
  • 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
  • Self-employed person
    • Income tax return of the last year
    • Proof of business

What are the hdfc money back+ credit card fees?

• HDFC moneyback credit card joining fee: Rs.500 + GST
• HDFC moneyback credit card annual fee: Rs.500 + GST

What are the benefits of hdfc money back credit card?

• Get started with a big joining bonus:

With your hdfc money back credit card activation and realization of the first-year joining fee, you will receive 500 cash points as a welcome bonus.

• Make every transaction rewarding:

The money back plus hdfc credit card has a powerful rewards scheme that adds more value to your transactions.

Category of transaction	HDFC moneyback + credit card points
Amazon, BigBasket, Flipkart, Reliance Smart SuperStore, and Swiggy	10X rewards for every Rs.150 transaction
EMI transactions at merchant locations	5X rewards for every Rs.150 transaction
All other transactions (excluding fuel, cash withdrawal, wallet top-up, and voucher purchase)	2 rewards for every Rs.150 transaction

1 Cash point = Rs.0.25. You can use those rewards for flight/hotel booking, or to get a product from the hdfc money back credit card reward points redemption catalog. You can also redeem those rewards in cash.

• Dine with more delight:

Your money back hdfc credit card offers up to 15% discount on your dining expenses at some of the most premium restaurants across the country via Dineout.

• Earn additional benefits on milestone spending:

You can also earn additional benefits from your card depending on your credit card usage. 

Credit card usage	Benefit
Rs.50,000 or more in a calendar quarter	Rs.500 gift voucher
Rs.50,000 or more within a year	A complete waiver on your next year’s money back hdfc credit card annual fee

• Get freedom from fuel surcharges:

Using this hdfc bank money back credit card you can earn a 1% waiver (up to Rs.250 in a hdfc money back credit card billing cycle) on fuel surcharges across all fuel stations in India. The transaction amount should be between Rs.400 to Rs.5000. 

• Experience easy bill splitting:

This hdfc money back credit card emi feature allows you to convert your high-value transactions into small monthly installments at affordable rates. Click here for the hdfc money back credit card emi calculator.

• Enjoy zero liability on lost or stolen cards:

Your hdfc money back credit card features zero liability on lost or stolen cards. So, if your card ever gets lost or stolen, you just have to report it by calling the HDFC credit card customer service department and you will no longer be liable for anything bad that may happen to your account.

• Convenience of contactless payment technology:

This money back hdfc credit card features advanced contactless payment technology, this feature allows you to make payments just by placing your card over any contactless-enabled POS machine.

What are the hdfc money back plus credit card charges?

Particulars	Chargeable amount
HDFC money back credit card cash withdrawal charges	2.5% against the transaction amount, min Rs.500 (check your hdfc money back credit card limit before making a withdrawal)
Finance charge	hdfc credit card moneyback interest rate can go up to 3.6% monthly (43.2% annually)
HDFC money back credit card international use charge	3.5% against the transaction amount
HDFC money back credit card add on card fee	None

How to contact the HDFC credit card customer service department?

• Call the hdfc money back credit card customer care number: 1800-266-4332 (Toll-free) / 1800-202-6161(Toll-free) or 022-6160-6161
• Write to the HDFC credit card mail id: customerservices.cards@hdfcbank.com 

100xGain Ratings:

7/10

Pros and cons of the hdfc money-back credit card:

Pros	Cons
The reward earning rate of this card is quite impressive. This hdfc bank money back credit card features handsome monthly waivers on fuel surcharges. You will get complimentary lost card liability coverage with this card.	You will not get any entertainment benefits from this hdfc money back plus visa credit card.

Final Opinion:

As mentioned before, the money back plus hdfc credit card is best for earning reward points. You can earn up to 20 hdfc credit card reward points for every Rs.150 transaction, big discounts on dining expenses, handsome monthly waivers on fuel surcharges, etc. which are more than enough at this cost. 

However, this card doesn’t have any travel or entertainment benefits, but it won’t be a deal breaker since it is a low-cost credit card. 

Alternative cards of the hdfc bank moneyback plus credit card:

1. Axis Bank Pride Platinum Credit Card (Best for reward points, dining, and fuel benefits)
2. Bandhan Bank Standard Chartered Plus Credit Card (Best for reward points, and fuel benefits)
3. HDFC Bank Diners Club Rewardz Credit Card (Best for reward points and travel benefits)

FAQs on HDFC Money Back + Credit Card:

• How to activate hdfc money back credit card?

You can activate your new hdfc money back credit card net banking account or from your nearby HDFC ATM. The complete process is discussed on our FAQ page.

• How to redeem hdfc money back credit card points?

You can use your hdfc credit card reward points for flight/hotel booking, or to get a product from the rewards catalog. You can also redeem your rewards in cash.

• How to increase hdfc money back credit card limit?

Credit card users who use their cards responsibly may get an offer from their bank to increase their credit card limit. Additionally, you can apply to HDFC bank to increase your money back hdfc credit card limit, and if you can provide enough evidence to support your claim, you are likely to be approved.

• Can we withdraw money from HDFC MoneyBack credit card?

You can withdraw cash using your HDFC money-back credit card. The hdfc credit card cash withdrawal charge is 2.5% of the withdrawn amount, and there will be no interest-free period until you repay the full amount.

• What is the interest rate of MoneyBack credit card?

The hdfc money back credit card interest rate is 3.6% monthly which is 43.2% annually.