The HDFC Bank MoneyBack Credit Card is a cashback-focused credit card that offers attractive rewards on both online and offline spends. You can use your accumulated reward points against your statement balance to reduce your outstanding amount. Alternatively, you can also use your cashback and reward points to make flight/hotel bookings, purchase products or vouchers through HDFC Bank’s SmartBuy programme. The card also comes with other exciting perks like welcome and milestone bonus, dining rewards, card protection plan, and more!
Applying for the HDFC Bank MoneyBack Credit Card is quite simple. However, you'll need to meet a simple eligibility criteria and have a few documents handy to get started. Here, we’ve elaborated on this:
1. Eligibility Criteria
For Salaried Indian Nationals
You must be between the ages of 21 and 60
You must have a gross monthly income of at least ₹25,000
For Self-employed Indian Nationals
You must be between the ages of 21 and 65
Your annual ITR filing must be over ₹6 Lakhs
2. Documents Required
PAN Card copy/Letter from IT Department
Accepted documents for proof of identity - pan card, driving licence, valid passport, voter ID, Mapin card copy
Accepted documents for residential proof - electricity bill, phone bill, driving licence, passport, visa, ration card, bank statement, passbook, voter ID, flat maintenance bill, rental agreement
Here are few other credit cards that come with features and benefits similar to that of the HDFC Bank MoneyBack Credit Card:
Credit Card |
Joining / Annual Fee |
Key Highlights |
IRCTC SBI Platinum Card |
|
10% value back in the form of reward points on booking AC First Class, AC 2-Tier, AC 3-Tier and AC Chair Car tickets on the IRCTC website and app. |
ICICI Bank Coral Credit Card |
₹500 plus GST |
2 reward points for every ₹100 spent on all transactions except utility bills and insurance payments |
SimplyCLICK SBI Credit Card |
₹499 plus GST |
10 reward points for every ₹100 spent online at exclusive partner stores such as Eazydiner, Netmeds, BookMyShow, Cleartrip and Apollo 24x7 |
HSBC Smart Value Credit Card |
Nil |
3 reward points for every ₹100 spent on online, dining and telecom transactions |
Standard Chartered Platinum Rewards Credit Card |
₹250 plus GST (one-time joining fee) |
5 reward points for every ₹150 spent on dining and fuel transactions |
You can apply for HDFC Bank MoneyBack Credit Card directly at the official portal of the bank. Once on the page, you will be required to verify your identity and then choose the card you want. Post that, all you have to do is enter the details, review and submit.
Upon submission, you will see an application ID, through which you can track the status of your application. Once approved, your credit card will be dispatched to the communicated address. Please note that HDFC Bank credit cards, including the MoneyBack credit card, are not available on the Bajaj Markets website.
About Credit Cards Services
- Apply for Credit Card
- Best Fuel Credit Card
- Business Credit Card
- Credit Card Settlement
- Corporate Credit Card
- Credit Card against Fixed Deposit
- Credit Card Documents
- Credit Card Eligibility Criteria
- Credit Card EMI
- Features & Benefits of Credit Card
- Interest Rate on Credit Card
- International Credit Card
- Credit Card Limit
- Credit Card Lounge Access
- Credit Card Netbanking
- Credit Card Bill
- Credit Card Pin Generation
- Credit Card Reward
- Shopping Credit Card
- Check Credit Card Statement
- Types of Credit Card
- Credit Card Billing Cycle
- Credit Card Meaning
- Best Credit Card In India
Credit Cards Partners at Bajaj Markets
Non Partners Credit Cards
FAQs on HDFC Bank MoneyBack Credit Card
What are the benefits of the HDFC Bank MoneyBack Credit Card?
The HDFC Bank MoneyBack Credit Card is a premium cashback-focused credit card that comes with an attractive rewards programme. The card offers rewards on almost all online and offline spends. Additionally, you’ll also be eligible for a gift voucher of up to ₹2,000 per year as milestone benefits.
What is the MoneyBack 2X feature?
The HDFC Bank MoneyBack Credit Card offers the MoneyBack 2X feature which gives you 100% more reward points on online spends. You’ll get 4 reward points for every online purchase worth ₹150 as opposed to 2 reward points for ₹150 spent offline.
What is the limit of the HDFC Bank MoneyBack Credit Card?
The limit extended to you depends on a number of factors like your income level, relationship with HDFC, credit history/score, etc. So, the credit limits are generally personalised offers and will differ depending on your profile.
What is the validity of HDFC Bank MoneyBack Credit Card reward points?
HDFC Bank MoneyBack Credit Card reward points are valid for up to two years from the date of accrual.
How can I make my HDFC Bank MoneyBack Credit Card bill payments?
You can pay your HDFC Bank MoneyBack Credit Card dues through netbanking, UPI, cheque, cash, etc.
What is the interest rate charged on HDFC Bank MoneyBack Credit Card?
The rate of interest charged on revolving credit from HDFC Bank MoneyBack Credit Card is 3.6% per month or 43.20% per annum.
Can I use the HDFC Business MoneyBack Credit Card anywhere in the world?
Yes, the MoneyBack range of credit cards from HDFC come with global acceptance. However, you may have to bear some additional charges on international transactions.
What is the minimum income needed for the HDFC Bank MoneyBack Credit Card?
You’ll need a minimum salary of ₹25,000 if you are a salaried employee to be eligible for the HDFC Bank MoneyBack Credit Card. If you are self-employed, then you’ll need to furnish your ITR returns which must show an annual income of at least ₹6 Lakhs.
What is the cash advance limit of the HDFC Bank MoneyBack Credit Card?
The cash advance limit is usually a percentage of the total available credit limit. In the case of the HDFC Bank MoneyBack Credit Card, it’s 40%. This means that if your total credit limit is ₹1 Lakh, then your cash advance limit will be ₹40,000. Bear in mind that cash advances come with a few different types of charges and fees. Additionally, there is no interest-free grace period with cash advances.
Is HDFC Bank MoneyBack card worth it?
Yes, the HDFC Bank MoneyBack Credit Card is a great option for anyone looking to get cashbacks on every spend, particularly if they shop online a lot. The card is also quite beginner-friendly as it comes with a low annual fee of just ₹500 + GST.
