HDFC MoneyBack Credit Card is a great credit card offered by HDFC Bank for customers who want to earn Cashback on their everyday purchases. With this card, you can earn 2 reward points on retail spending and 2x the reward points on online transactions, making it an ideal option if you shop online frequently. This credit card is designed to help you earn Cashback. If you are looking for an affordable credit card with great benefits, you can apply for the HDFC Bank MoneyBack Card. Here, we will take a closer look at the features, benefits, and charges of the HDFC MoneyBack Credit Card.
HDFC MoneyBack Credit Card Review
| Article Topic | HDFC MoneyBack Credit Card Apply Online |
| Joining Fees | Rs 500/- |
| Annual Fees | Rs 500/- (Spend ₹50,000 and above in the first year and get the renewal membership fee waived) |
| Reward Type | Cashback |
| Welcome Gift | 500 Cash Points (applicable only on payment of membership fee) |
| Key Feature | Earn 2X Reward Points, 4 Reward Points on every Rs.150 spent Online |
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Features & Benefits of HDFC MoneyBack Credit Card
With HDFC Bank Moneyback Credit Card, you get a lot of offers under which you can earn good cashback, which is mentioned below:
Key Features
- Earn 2 reward points on every Rs.150 spent (excluding fuel transactions, wallet load/prepaid card load, and voucher purchases)
- Earn 2X Reward Points, 4 Reward Points on every Rs. 150 spent online
- Every quarter gets a gift voucher worth Rs. 500 on an expenditure of Rs.50,000. Earn up to Rs. 2,000 worth of gift vouchers in a year.
Zero Lost Card Liability: In the unfortunate event of losing your HDFC Bank MoneyBack Card, you will have zero liability on any fraudulent transactions made on your credit card, provided the same is immediately reported to the bank’s 24-hour call center.
Interest-free credit period: Interest-free period of up to 50 days on your HDFC Bank MoneyBack Credit Card from the date of purchase
Revolving Credit: Enjoy revolving credit on your HDFC Bank MoneyBack Credit Card at a nominal Interest-rate.
Fuel Surcharge Waiver: 1% Fuel Surcharge waiver on fuel transactions (Minimum transaction of ₹400, Maximum of ₹5,000 & Maximum waiver of ₹250 per statement cycle)
Welcome Benefit: 500 Cash Points (applicable only on payment of membership fee)
Annual Spend-based benefit: Spend ₹50,000 and above in each calendar quarter and get ₹500 worth of gift vouchers
Renewal Offer: Spend ₹50,000 and above in the first year and get the renewal membership fee waived off
Reward Points earned: Reward points accumulated on the HDFC Bank MoneyBack Credit Card can be redeemed for the statement balance at the rate of 1 RP = ₹0.20 (For redemption against the statement balance, the cardholder must have a minimum of 2500 Reward Points)
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Eligibility Criteria & Documentations Required for HDFC MoneyBack Credit Card
To apply for an HDFC Bank MoneyBack Credit Card, you have to be eligible and provide some documents. After that, you can apply for this credit card. Following are the eligibility criteria and documents for HDFC MoneyBack Credit Card:
For Salaried Customer
Age Group: 21 to 60 years
Income Range: Rs 25,000+
Documents Required
- Identity Proof: Any one of the documents – Passport, PAN Card, Ration Card, Aadhar Card, Voter’s ID Card, Driving License
- Address Proof: Any one of the documents – Telephone bill, Electricity bill, Passport, Ration Card, Rental agreement, Aadhar Card
- Income Proof: Salary Certificate, Recent salary slip, Employment letter
For Self Employed Customer
Age Group: 21 to 65 years
Income Range: Paid ITR of Rs 6 lakhs in a year
Documents Required
- Identity Proof: Any one of the documents – Passport, PAN Card, Ration Card, Aadhar Card, Voter’s ID Card, Driving License
- Address Proof: Any one of the documents – Telephone bill, Electricity bill, Passport, Ration Card, Rental agreement, Aadhar Card
- Income Proof: Certified financials, Recent ITR (Income Tax Returns), Audited profit and loss statement or balance sheet
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Fees & Charges of HDFC MoneyBack Credit Card
| Fees Type | Amount |
| Joining Fee | Rs 500/- |
| Renewal Fee | Rs 500/- (Get a renewal membership fee waiver on spending ₹50,000 and above in an annual year) |
| Finance Charges | 3.49% per month |
| Cash Advance Limit | 40% of the Card limit |
| Late Payment Charges | If the statement balance is less than Rs.100 = Nil The balance between Rs.100 and Rs.500 = Rs.100 The balance between Rs.500 and Rs.5,000 = Rs.500 The balance between Rs.5,001 and Rs.10,000 = Rs.600 The balance between Rs.10,001 and Rs.25,000 = Rs.800 More than Rs.25,000 = Rs.950 |
| Reward redemption fee | Rs. 99 per redemption request |
| Foreign Currency transaction | 3.5% |
| Interest Free Period | Up to 50 days |
How to Apply for HDFC MoneyBack Credit Card?
- The customer has to click on the link given below and enter mobile number, name, PAN number, email ID, and pin code and then click on ‘Start Now
- Customers need to enter their mobile number, enter the code provided and then check the box, and click on ‘Continue.’
- Now enter OTP and click on confirm
- Now enter the PAN number
- Now choose any one KYC option
- After that agree to the terms and conditions of EKYC
- Complete your eKYC using your Aadhaar card
- After that fill in some details like office address, present address, and employment type (for salaried you have to enter your official email id)
- Once the process is complete, the system will do the final verification and if the customer fulfills all the criteria, the card application will be approved. The credit card may take 14-20 working days to reach the customer’s address.
Generate a PIN in any one of the following ways to activate your Card:
Option 1 – By using IVR – Call: 1860 266 0333
| Call from Registered Mobile Number | Set a 4-digit PIN of your choice |
| Validate with OTP sent on Registered Mobile Number | Set 4-digit PIN of your choice |
Option 2 – By using Net-Banking
| Login to Net-Banking | Choose ‘Instant PIN Generation |
| Select your Card Number and generate you 4-digit PIN | Select your Card Number and generate your 4-digit PIN |
Option 3 – By using Mobile-Banking App
| Login to Mobile-Banking | Tap on ‘Pay’ followed by ‘Cards’ |
| Select you Card | Tap to ‘Change PIN’ to set PIN |
Option 4 – By using ATM
| Click on the ‘Create you ATM PIN’ option and enter the OTP received | Select your Card Number and generate you 4-digit PIN |
| Enter your Registered Mobile Number | Select your Card Number and generate your 4-digit PIN |
- You will receive a Green PIN OTP or a physical PIN mailer containing your Card’s PIN
- If you receive a Green PIN OTP on your Registered Mobile Number, you can set an ATM PIN of your choice using the OTP at any HDFC Bank ATM. In this case, you will not receive a physical PIN
- If the Card Number on your new Card is the same as your existing one, then your old PIN will remain valid. To set up a new PIN or to change your existing PIN Instantly, you may dial 1860 266 033 or log in to Net-Banking.
Customer Care Number for HDFC MoneyBack Credit Card
For queries, please call us at HDFC MoneyBack Credit Card Toll-Free number 1800 202 6161/1860 267 6161 (from 8 am to 8 pm) Customers traveling overseas can reach us at 022-61606160.
FAQ Related to HDFC MoneyBack Credit Card
What is MoneyBack Card in HDFC Bank?
The HDFC Bank MoneyBack Card is a credit card that provides cashback benefits to its users. It offers cashback rewards on all transactions and earns reward points, which can be redeemed for gifts, vouchers, or air miles. The card also comes with a contactless payment feature and other benefits such as zero liability on a lost card and emergency card replacement.
Is HDFC MoneyBack Credit Card lifetime free?
No, HDFC Bank MoneyBack Credit Card is not a lifetime-free card. The annual fee of the card is Rs 500, which must be paid every year. But, if you use your credit card to spend Rs 50,000 and above, the annual fee is waived.
What is the maximum limit of an HDFC MoneyBack Plus credit card?
HDFC Bank determines the credit limit based on its internal policies and discretion. Typically, the credit limit for HDFC MoneyBack Plus credit cards ranges between Rs 25,000 to Rs 1.5 lakhs, but it may vary for each applicant. Cardholders can request a credit limit enhancement after a certain period, subject to the bank’s terms and conditions.
Can I withdraw cash from my HDFC MoneyBack Credit Card?
Yes, you can withdraw cash using the HDFC MoneyBack Credit Card. Cash withdrawals using credit cards usually attract high-interest rates and additional fees, such as cash advance fees. At HDFC Bank, we offer a cash advance limit of 40%. So, if your credit card limit is Rs 1 lakh, you can withdraw cash up to Rs 40,000.
What is HDFC Bank Contactless Credit Card?
Contactless cards are a fast and convenient way to pay for everyday purchases. It’s a secure, contactless chip technology designed to help you spend less time at the cash register and allow you to do the things that matter most to you. HDFC Bank Contactless Credit Card is a chip-enabled Radio Frequency Antenna embedded credit card. This card can be used at all NFC-enabled contactless terminals around the world.
Can I convert my purchases into EMIs using the HDFC MoneyBack Credit Card?
You can convert your purchases into EMIs using the HDFC MoneyBack Credit Card. EMI facility is available for transactions of Rs.2500 and above.
How can I connect with HDFC MoneyBack Credit Card Customer Care?
You can connect with HDFC Bank Credit Card Customer Care in the following ways: 1800 202 6161/1860 267 6161 (8 AM to 8 PM). Customers traveling abroad can contact 022-61606160.
Conclusion: The HDFC MoneyBack Credit Card is a popular credit card that offers cashback rewards and reward points on all transactions. Whether the HDFC MoneyBack Credit Card is a good fit for the customers depends on their spending habits and requirements. If customers frequently make online and offline transactions and want to earn rewards and cashback, this card could be a good option for them. It’s essential to consider the eligibility criteria and fees associated with the card before applying.
