The HDFC Bank MoneyBack+ Credit Card is a good shopping card from HDFC Bank, with various discounts and cashback available on 5 stores including Amazon and Flipkart.
The benefits are a little lower than HDFC Millenia Credit Card, another popular shopping cashback card from HDFC Bank, but the eligibiliity requirements and annual fee is lower for the HDFC Moneyback+ Credit Card.
Best for those who like to shop & spend online, and particularly for those who like to shop & spend on large online marketplaces like Amazon & Flipkart. You get 3.3% cashback on these well-known merchants, and also on BigBasket, Reliance Smart Superstore and Swiggy. This 3.3% special cashback is given only on total monthly purchases upto ₹18750 across these merchants.
The annual card spend target of ₹50,000, to get an annual fee waiver (from 2nd year onwards), is not very high.
You earn 20 CashPoints worth ₹5, on every ₹150 you spend at these partners (meaning you earn 13.3 reward points worth ₹3.3 on every ₹100 spent – 3.3% benefit). 1 CashPoint = ₹0.25 or 25 paise, and can be redeemed as cashback against your credit card statement balance.
This benefit is valid only on combined total purchases of ₹18750 per month, since the monthly limit on earning CashPoints at this special rate is 2500 CashPoints.
CashPoints are posted on your credit card account and are available for redemption in the first week of every month, for all transactions settled in the previous month. CashPoints are valid for 2 years.
CashPoints can also be redeemed against travel benefits and rewards catalogue at the same rate of 1 CashPoint = ₹0.25.
You earn 10 CashPoints worth ₹2.50, on every ₹150 you spend in this category (meaning you earn 6.6 reward points worth ₹1.67 on every ₹100 spent – 1.67% benefit). You earn no cash points on post facto EMI conversion.
1 CashPoint = ₹0.25 or 25 paise, and can be redeemed as cashback against your credit card statement balance.
This benefit is valid only on combined total purchases of ₹37500 per month, since the monthly limit on earning CashPoints at this special rate is 2500 CashPoints.
You earn 2 CashPoints worth ₹0.50, on every ₹150 you spend on all other card purchases (meaning you earn 1.3 reward points worth ₹0.33 on every ₹100 spent – 0.33% benefit).
1 CashPoint = ₹0.25 or 25 paise, and can be redeemed as cashback against your credit card statement balance.
Cashback on UPI spends is only applicable on the RuPay version of the card. You can earn a maximum of 500 reward points on UPI sppends.
Exceptions : No cashback is given on fuel purchases, rent payments, government-related transactions, post facto EMI transactions (Smart EMI, Dial an EMI), wallet load, gift card /prepaid card loads, voucher transactions , payment of outstanding balances, payment of card fees and other charges.
For full list of terms and conditions, please click here – HDFC MoneyBack+ Terms & Conditions
You receive gift vouchers worth ₹500, when you spend ₹50,000 or more in a quarter.
This offer is valid 2 times per month. Minimum order amount required to avail this offer is ₹2000. Payments need to be made through the Swiggy app
You get 7.50% discount (upto ₹250 per order) at restaurants, in partnership with EazyDiner. Hence you get a 7.50% discount on orders between ₹2000 and ₹3333. On orders above ₹3333, your discount percentage will fall below 7.50%.
For more details, including how to avail the offer, please click here – HDFC Swiggy Dineout Dining Program
Fuel surcharge waiver is applicable at all petrol stations.
– The waiver is applicable only on fuel transactions between ₹400 and ₹5000
– The waiver is given on fuel purchases upto ₹25,000 per month, since the maximum waiver is restricted to ₹250 per month.
HDFC Smartbuy is a platform which display’s HDFC Bank’s exclusive partnerships, with a variety of partners. You get 5% – 10% cashback on various categories and at various partners, please see details in the table below.
You get a a maximum cashback of ₹1000 per month. For example, if you shop only in the 5% shopping categories/partners, you shall get 5% cashback on total card purchases of ₹20,000 per month.
| Applicable categories and partners | |
|---|---|
| 5% cashback on travel spends, through HDFC Smartbuy | ✓ Flight bookings ✓ Hotel bookings ✓ IRCTC train tickets ✓ Bus tickets, through RedBus ✓ MakeMyTrip holiday packages |
| 5% cashback on gift voucher purchases, through HDFC Smartbuy | Gift vouchers usually include Amazon Pay, Flipkart, Amazon shopping and more. There maybe individual limits on certain gift vouchers, and/or processing charges on certain gift vouchers, for example Amazon Pay vouchers. To see latest details, and a list of all gift vouchers available, please click here. |
| 5% cashback at select partners, through HDFC Smartbuy | ✓ Myntra ✓ Jockey ✓ Apple Imagine Tresor ✓ Nykaa ✓ Zoom Car |
| 10% cashback at select partners, through HDFC Smartbuy | ✓ Pharmeasy ✓ IGP.com |
In case you misplace your HDFC Bank Credit Card, you can rest assured that your liability for any fraudulent transactions made on the card is completely eliminated.
By promptly reporting the loss to HDFC Bank’s 24-hour call centre, you will be protected from any unauthorized charges.
You can reach HDFC Bank 24 hours a day, please click here for all the options to contact the bank.
| Annual fee | Annual fee offers | |
|---|---|---|
| 1st year joining fee | ₹500 | Welcome offer : You get 500 cash points worth ₹125, on payment of 1st year annual fee |
| Renewal fee from 2nd year onwards | ₹500 | Renewal offer : – Annual fee from the second year onwards is not charged , if you spend ₹50,000 or more in the previous year – If you do not qualify for above card spend based annual fee waiver, then you get 500 cash points worth ₹125, on payment of renewal fee Hence the card is virtually free if you spend ₹50,000 or more each year |
– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all/updated fees & charges on this card, please click here – HDFC Bank MoneyBack+ Credit Card Fees & Charges
Although your credit card eligibility is based on multiple parameters which can be assessed once you apply for an HDFC Millennia Credit Card, there are certain basic criteria that all applicants must fulfil.
| Minimum age | 21 years |
| Maximum age | Salaried – 60 years Self employed – 65 years |
| Occupation | Salaried or self employed |
| Minimum income requirement | Salaried : ₹20,000 per month Self-employed : ₹ 6 lakhs per year |
| Credit score | Not specified, a minimum credit score of 750 is generally preferred |
| Online application process | The easiest way is to click here – APPLY NOW , you will be taken to the card application page on the HDFC Bank website. You can also visit official website of the bank and fill out the application form. Steps : – The bank’s website and mobile app offer a user-friendly interface that makes the application process quick and easy. – To apply, simply provide your personal details, such as your mobile phone number, income, and PAN number, along with the required documents. – Submit the required documents |
| Offline (face to face) application process | You can visit any of the nearest branches of the bank and talk to an executive regarding the process. |
| Whatsapp Banking | You can also apply for your card through HDFC Whatsapp Banking. Here are the steps to apply for an HDFC credit card through WhatsApp banking: 1. Save the Chat Banking number 7070022222 (HDFC Bank WhatsApp number) in your contacts 2. Send “Hi” 3. Choose the desired option OR simply type your query, for example – “Apply for Credit Card” 4. Apply and wait for further instructions or updates on your card application status. |
| Approval timeline and tracking your application status | In most cases, the credit card decision would be communicated maximum within 21 working days. In certain cases, it could take longer, especially if the bank wants more information and documents from you. – Click here to track the status of your HDFC Bank Credit Card application. – You can also check the status of your application through Chat with EVA. Simply ask the chatbot to help you track your credit card applications and follow its instructions. |
| Required documents | – PAN card copy – Identity proof : PAN card , driving license, valid passport, voter ID (any one) – Address proof : electricity bill, phone bill (not more than 2 months old), driving licence, passport, ration card, bank statement, passbook (not older than 3 months), voters ID, flat maintenance bill (not older than 2 months), rent agreement (any one) – Income proof : latest salary slip/s, income tax return etc You maybe required to provide additional documents, on a case-to-case basis. |
Overall, HDFC Bank MoneyBack+ Credit Card provides good cashback benefits for online shoppers. It offers 3.3% cashback on popular platforms such as Amazon, Flipkart, BigBasket, Reliance Smart Superstore and Swiggy, and 1% cashback on all other purchases. The annual card spend target of ₹50,000, to get an annual fee waiver (from 2nd year onwards), is not very high.
ON THIS PAGE
FIND THE BEST CREDIT CARD
Related Products