HDFC MoneyBack Credit Card, Rewards and Benefits, Joining Fees & amp; Charges, Apply Online

HDFC MoneyBack Credit Card: HDFC Moneyback credit card, as the name suggests, is a card that helps you get your money back in the form of reward points on every small spend you make. As a welcome and renewal benefit, you get 500 Cash points every year on payment of the joining/renewal fee. Besides that, you can also get the renewal fee waived on the basis of your annual spends. This card provides you with 4 reward points for every Rs. 150 spent online and 2 reward points for every Rs 150 spent on other categories.

These reward points can be redeemed against an array of categories, including cashback, flight/hotel bookings on SmartBuy, and products/vouchers. Moreover, you can also earn gift vouchers every quarter on the basis of your quarterly spends. Read our HDFC Bank Moneyback credit card review to get detailed information about the card and its offerings.

Although HDFC Bank is no longer issuing this card, you can opt for its newer and improved version, the MoneyBack Plus Credit Card.

Rewards and Benefits

• Movie & Dining:- Indulge in exclusive dining experiences with the Good Food Trail program, offering up to 20% savings on restaurant bills when dining out. Additionally, enjoy savings on restaurant bills through Swiggy Dineout.
• Rewards Rate:- Earn 4 Reward Points for every Rs 150 spent online and 2 Reward Points for every other spend, translating to a reward rate of up to 0.67%.
• Reward Redemption:- Redeem your accumulated Reward Points conveniently against the statement balance, with 1 Reward Point equating to Rs 0.20. Alternatively, opt for redemption through the Smartbuy Rewards portal, where 1 Reward Point equals Rs. 0.25.
• Travel:- N/A
• Golf:- N/A
• Domestic Lounge Access:- N/A
• International Lounge Access:- N/A
• Insurance Benefits:- N/A
• Zero Liability Protection:- Rest assured with Zero Liability Protection cover provided by HDFC Bank, safeguarding against fraudulent transactions on your credit card. Simply report any loss immediately to the 24-hour HDFC Customer helpline to avail of this protection.

Fees & Charges

• Spend-Based Fee Waiver:- Enjoy a waiver of the renewal fee by spending Rs. 50,000 or more in the preceding year.
• Rewards Redemption Fee:- A nominal fee of Rs. 99 is applicable per redemption request, along with applicable taxes.
• Foreign Currency Markup:- For each currency conversion, a markup of 3.5% is applied, in addition to applicable taxes.
• Interest Rates:- Benefit from competitive interest rates, set at 3.6% per month, translating to an annual rate of 43.2%.
• Fuel Surcharge:- Avail a 1% fuel surcharge waiver on all fuel transactions made using this credit card at any petrol pump across India.
• Cash Advance Charges:- Cash advances incur a charge of 2.5% of the withdrawn amount, with a minimum fee of Rs. 500.
• Add-On Card Fee:- There is no fee for obtaining an add-on card, offering additional convenience without any extra cost.

Product Details

• Experience the thrill of 500 Cash Points as a generous welcome benefit upon acquiring the HDFC MoneyBack credit card.
• Earn 4 Reward Points for every Rs. 150 spent online and 2 Reward Points for every other purchase of Rs. 150.
• Receive a delightful gift voucher valued at Rs. 500 every calendar quarter upon spending Rs. 50,000.
• Leverage your reward points for a myriad of enticing rewards and offers available on the Smartbuy rewards portal.
• Enjoy a Spend Based Waiver on the annual fee, providing added financial flexibility.
• Benefit from a convenient 1% fuel surcharge waiver, extending up to Rs. 250 per month, ensuring savings with every fuel transaction.

HDFC Moneyback Credit Card Benefits

Discover the exclusive benefits of the HDFC Moneyback Credit Card:

Welcome Benefit:
Upon payment of the membership fee, enjoy the excitement of 500 Cash Points, which can be redeemed for an array of thrilling rewards and offers. Additionally, upon renewal of your HDFC MoneyBack credit card, receive another 500 Cash points to enhance your rewards.

Milestone Benefits:
Reach new spending milestones and be rewarded with a gift voucher worth Rs 500 upon spending Rs 50,000 in a calendar quarter. With the potential to earn gift vouchers totaling up to Rs 2,000 in a year, the HDFC MoneyBack credit card truly rewards your spending habits.

Joining Fee & Renewal Fee Waiver:
Spend Rs 50,000 or more in the card anniversary year and enjoy the renewal fee waiver on your HDFC MoneyBack credit card, providing you with added value and financial flexibility.

Fuel Surcharge Waiver:
Take advantage of a 1% fuel surcharge waiver on all fuel transactions at petrol pumps across India. With a minimum transaction of Rs 400, enjoy maximum cashback of Rs 250 on your fuel purchases, making every journey more rewarding.

HDFC Moneyback Credit Card Rewards:
Earn 2 Reward Points for every Rs 150 spent and 4 Reward Points for every Rs 150 spent online, with the potential to earn up to 500 reward points per statement cycle. However, please note that fuel transactions, gift vouchers, prepaid cards, and wallet reloads are not eligible for reward points.

Reward Redemption:
Redeem your Reward Points for cash against your statement balance, with 1 Reward Point equal to Rs 0.20. For travel benefits, utilize your reward points for flight and hotel bookings at the SmartBuy reward portal, where 1 Reward Point equals Rs 0.25. Additionally, redeem your reward points against vouchers and products, with 1 Reward Point equal to Rs 0.25, for up to 70% of the total value, paying the remaining amount with your credit card for added convenience.

With its enticing rewards program and versatile redemption options, the HDFC Moneyback Credit Card is your ideal companion for maximizing value and enhancing your financial journey.

HDFC Moneyback Credit Card – Eligibility Criteria

Explore the HDFC Moneyback Credit Card

Ideal for those venturing into the realm of credit cards, the HDFC Moneyback credit card offers an impressive reward rate on both online and offline purchases. With HDFC Bank’s diverse redemption options, you can easily utilize your accumulated reward points for various benefits.

Moreover, you have the flexibility to convert your rewards into cashback, which can be credited against your statement balance. This feature adds significant value to the card, as it not only aids in savings but also extends numerous other perks. Share your thoughts on this credit card in the comments section below.

Discover the benefits of the HDFC Moneyback Credit Card and embark on a rewarding financial journey today.