HDFC Moneyback Credit Card: Check Features, Eligibility, Benefits

HDFC Moneyback Credit Card: One of India’s most well-known starter credit cards, HDFC MoneyBack, offers cashback on all purchases. The card offers two reward points for every dollar spent at retail locations and two reward points for online purchases.

In comparison to the annual charge, the perks offered by this credit card are pretty good. This in-depth analysis of the HDFC MoneyBack Credit Card will help you determine whether it is the right option for you.

In today’s settings, credit cards serve as the primary financial tool for saving money. They provide a lot of deals and assist you in receiving discounts on various purchases. If you’re looking for one, the HDFC  Credit Card is a particular credit card that guarantees the highest Cashback compared to other cards in a comparable market.

The card offers the holder numerous chances to receive money-back incentives. These reward points can be exchanged for fun presents and alluring deals. The card’s ability to provide CashBack incentives and rewards on online purchases set it apart from other credit cards.

HDFC Moneyback Credit Card

A super-saving credit card, the HDFC  Credit Card offers you immediate cashback on every purchase. Earn rewarding rewards on every transaction, a fuel fee waiver, a welcome bonus of 500 cash points, a gift voucher worth Rs. 500 when you spend Rs. 50,000 or more annually, and much more with the credit card. (hdfc moneyback plus credit card) A joining and renewal membership fee of Rs. 500 plus any relevant taxes are required for the card.

moneyback credit card

Customers have exclusive access to the HDFC Bank  Credit Card. With this card, you will get a specific amount of cash back after the credit cycle for each purchase you make. (hdfc business moneyback credit card) The card has an Rs. 500 membership fee and a 3.49 percent interest rate.

HDFC Moneyback Credit Card- Highlights

Type Of CardEntry-level
Best Suited forRewards & Cashback
Joining FeeRs. 500
Renewal FeeRs. 500
Minimum Income RequirementSalaried: Rs. 25,000 per month.
Self-employed: ITR > 6 lakh rupees per year
Best FeatureEvery Rs. 150 bought online earns you 4 reward points.

HDFC Moneyback Credit Card Key Highlights

These are the main benefits of the HDFC Bank MoneyBack credit card:

  • When a card loss is reported immediately to HDFC’s 24-hour call center, there is no liability for lost cards with the HDFC MoneyBack Platinum credit card.
  • A 50-day interest-free credit period is available from the date of purchase with the HDFC credit card.
  • The HDFC Bank Business card option is also available for application.
  • Nominal interest rate revolving credit
  • Use the Smart EMI feature on the HDFC Money-Back credit card to convert large purchases into EMI after payment.
  • With contactless payments allowed on the HDFC Bank Money-Back credit card, customers may make quick, easy, and secure purchases at retail establishments.
  • On each transaction, attractive HDFC card reward points are earned.

Offers Available On HDFC Moneyback Credit Card

When applying for the HDFC Credit Card, you can benefit from the following.

  • Establishing an HDFC saving or current account within three months of the card’s issuance will remove the joining cost.
  • Elimination of the renewal charge if annual spending exceeds Rs.50,000
  • Additionally, you can benefit from 100% paperless approval. The permission paperwork doesn’t need to be submitted in hard copy form.
Check this also: Dhani Credit Card Apply

Advantages Of HDFC Moneyback Credit Card

The benefits and features of the HDFC credit card are detailed below:

  • Welcome Advantage: Receive 500 cash points as part of the HDFC MoneyBack Platinum credit card’s advantages when you pay your membership fee.
  • Benefit from Annual Spend: Spend Rs. 50,000 or more in any calendar quarter and receive gift certificates worth Rs. 500.
  • Extend Offer: Obtain a waiver of the renewal membership cost when you spend Rs. 50,000 or more during the first year.
  • Rewards: Earn 2 reward points for every Rs. 150 spent.
  • Earn two additional reward points (a total of 4) for every Rs. 150 you spend online. Under this function, you can accumulate up to 500 reward points per statement cycle for online purchases.
  • Every quarter, when you spend Rs. 50,000, you’ll receive a gift card worth Rs. 500. Earn up to Rs. 2,000 worth of gift cards per year.
  • Reward points can be redeemed against the statement balance on an HDFC money back card at 1 RP = Rs. 0.20.
  • At the SmartBuy Rewards Portal, reward points can be redeemed for travel perks, including flight and hotel bookings (up to a limit of 50% of the booking value) and the rewards catalog, with one reward point equaling up to Rs. 0.25.
  • Earned reward points on your HDFC card are valid for two years after accumulated.

hdfc bank credit card

HDFC Moneyback Credit Card Eligibility Criteria

The following requirements are needed for the HDFC MoneyBack Credit Card:

Eligibility for Salaried:

  • The candidate must be a citizen of India.
  • The applicant should be at least 21 years old and no older than 60.
  • The applicant’s gross monthly income must exceed Rs. 25,000.

Self-employed Eligibility:

  • The candidate must be a citizen of India.
  • The applicant should be at least 21 years old and no older than 65 years old.
  • The applicant’s annual income should be greater than Rs. 6 Lakhs, according to the most recent ITR.

Documents Required For HDFC Moneyback Credit Card

Apply online for the HDFC MoneyBack Credit Card with the required documentation:

Proof of Address (any of the following) 

  •  Aadhaar Card
  • Ration Card
  • Passport
  • Voter ID

Identity Proof (any of the following):

  •  Aadhaar Card
  • Driving Permit
  • Passport

Income Evidence

  • Salary slips
  • Form 16
  • Returns for tax filing

How To Apply Online For HDFC MoneyBack Credit Card?

Direct applications for the HDFC MoneyBack Credit Card are accepted on the HDFC website.

To apply right now, do as follows:

hdfc bank official website

  • Click the “Check Eligibility” button at the top of the page to find out more.
  • Click on it and enter the necessary information to determine if you can qualify for the card.
  • If you meet the requirements, you can choose to apply for the card.
  • Click on it, fill out the form with the necessary information, and click “Submit.”

credit card apply

Status of HDFC MoneyBack Credit Card

The applicant can check the status of their credit card application using the HDFC Money-Back Credit Card Status. Both online and offline applications are accepted for the HDFC Money-Back Credit Card. To apply for this card online, go to the bank’s official website and follow the on-screen instructions.

Statement On The HDFC MoneyBack Credit Card

The journal that lists every transaction the cardholder has done since the card was issued is called the HDFC Money-Back Credit Card Statement. Thanks to this statement, the cardholder may continuously track the purchases and repayments made with this card. This option makes it simple and convenient to keep track of one’s expenses and makes the entire process transparent.

Bill Payment Using HDFC MoneyBack Credit Card

To ensure no blemish on your credit history, continue to make it a practice to pay your payments on time. How can you do this when people like you are stuck in a busy schedule? The best course of action is to turn on AutoPay to pay the invoices on time. Yes, you will get an SMS with the bill amount and due date at the registered cellphone number.

Thus, you can carefully study the SMS and ensure enough money in your bank account to ensure a seamless transaction. You can add the card to your net banking account and receive an SMS when the bill is created if you don’t find Auto Pay conveniently. You can go online to pay the fees after noting the SMS.

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Should You Apply For HDFC Moneyback Credit Card

As it gives higher reward points for online purchases, the HDFC MoneyBack Credit Card can be a good choice if you frequently buy online. People new to credit who don’t want to pay a hefty annual fee should use this card. This credit card offers its members good features for a yearly fee of 500 rupees. Applying for this HDFC Bank Credit Card is possible if:

  • You want to begin your credit career as a beginner.
  • You frequently shop both offline and online.
  • You wish to rack up points that can be exchanged for cashback.
  • You wish to improve your credit score but cannot get other credit cards accepted.

Customer Care

The bank’s HDFC Client Care section responds quickly to customer questions and complaints about its products and is a strong division. Through the bank’s official website, one can contact them.

The HDFC toll-free numbers are listed on the bank’s website as well. If you prefer to resolve specific difficulties in person, you may always stop by the closest HDFC bank and speak with an executive.

Frequently Asked Questions HDFC Moneyback Credit Card

What is the HDFC Moneyback Credit Card’s minimum income requirement?

hdfc bank credit card

To be eligible to apply for the Moneyback Credit Card, you must make a minimum monthly income of INR 25,000. For the same card, self-employed people must have an ITR with a minimum of INR 6 lacs.

What is the HDFC MoneyBack Credit Card’s credit limit?

credit card apply

The HDFC MoneyBack Credit Card does not have a predetermined limit. Each applicant’s limit is different and determined by the applicant’s credit score and income range. However, the MoneyBack Credit Card’s maximum and lowest credit limits are Rs. 1.5 to Rs. 2 lakh and Rs. 25, respectively. The bank will notify you of the credit limit when you apply and are issued the card.

What are the disadvantages of HDFC MoneyBack Credit Card?

hdfc bank official website

The MoneyBack credit card gives good money-back incentives considering its cost because it falls within the cash-back category. The card does have certain limitations, though, such as a low quantity of regular reward points and accelerated reward points, a high point threshold for redemption, and a lack of lifestyle features like eating and travel.

Can the HDFC Money-Back Credit Card be used to make withdrawals?

hdfc moneyback credit card

A 40% cash advance limit is available at HDFC Bank. You can withdraw up to Rs 40,000 in cash if your credit card limit is Rs 1 lakh. Your credit card’s kind determines how much you can borrow for cash advances.

How to make credit card bill payments for HDFC MoneyBack credit card?

credit card apply

To ensure no blemish on your credit history, continue to make it a practice to pay your payments on time. How can you do this when people like you are stuck in a busy schedule? The best course of action is to turn on AutoPay to pay the invoices on time. Yes, you will get an SMS with the bill amount and due date at the registered cellphone number.

How can I prevent paying HDFC credit card fees?

It’s critical to make on-time payments on your HDFC Bank credit card balances to avoid finance fees. Avoid paying the minimum amount due on your HDFC Bank credit card because doing so will subject you to highly high-interest rates and a late payment fee.

Is the HDFC Money Back Card cost-free?

The HDFC MoneyBack Credit Card
This credit card is among the most excellent low-fee options available, and it offers perks comparable to those of a credit card that is free for life. Some of its main highlights are: Get twice as many rewards when you spend money online by earning 2 reward points for every Rs. 150.