HDFC Bank
HDFC MoneyBack+ Credit Card
Data last verified: 16 October 2026
- Joining fee₹500 + GST
- Annual fee₹500 + GST
- Reward rate0.2% on most spends; 2% only at partner merchants
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
- Joining fee₹500 + GST
- Annual fee₹500 + GST
- Fee waiverOn ₹50,000 spend a year
- Forex markup3.5%
- Interest (APR)3.75% a month, 45% a year
MoneyBack+ earns 10X CashPoints per Rs 150 at Amazon, Flipkart, Swiggy, Reliance Smart and BigBasket, about 2% in value, capped each month. Other spends earn a much lower rate of about 0.2%. You get 500 CashPoints on joining and a Rs 500 gift voucher each quarter you spend Rs 50,000.
The fee is ₹500 a year, waived at ₹50,000 of annual spend. That is barely Rs 4,200 a month, so most users will pay nothing after the first year.
It suits people who buy groceries and household items on the big online platforms. The catch is the value of a CashPoint, about 20 paise. The 10X label sounds large but works out to roughly 2%, and everyday spends outside the partner list earn very little.
Best for: Online grocery shoppers, Amazon and Flipkart users, Budget-conscious first card users.
01HDFC MoneyBack+ Credit Card Rewards and Benefits
02HDFC MoneyBack+ Credit Card Annual Fee and Charges
- Joining fee
- ₹500 + GST
- Annual fee
- ₹500 + GST
- Spend-based waiver
- Annual fee waived on ₹50,000 spend in a year (rent and wallet loads not counted)
- Rewards redemption fee
- Nil
- Forex markup
- 3.5%
- Interest rate
- 3.75% a month (45% a year)
- Fuel surcharge waiver
- Yes
- Card replacement
- Not published
03What It's Worth, in Rupees
If you spend ₹20,000 a month on this card:
- ₹20,000 on everything else, earning 0.2%₹40
- Back each month, ₹480 a year₹40
- Annual fee with 18% GST (waived at this spend)₹0
- In your pocket each year₹480
Worked out from this card's reward rates, caps and fee in our data; a rate limited to named merchants is not counted here. Your own spending will differ: see what this card is worth at your spend.
Good for
- Online shopping only at Flipkart, Amazon, Swiggy, Reliance Smart, BigBasket: 2% back, up to ₹500 a month
- Spending ₹4,167 or more a month: the ₹590 fee is waived
Skip it if…
- you spend less than ₹4,167 a month (₹50,000 a year, rent and wallet loads not counted): the ₹590 fee is then charged
- most of your spending is fuel, rent, wallet top-ups or government payments: those earn nothing on this card
- you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
- you rarely spend on Flipkart, Amazon, Swiggy, Reliance Smart, BigBasket: the 2% rate applies only there, everything else earns 0.2%
- you often pay in foreign currency: 3.5% is added to every foreign spend
- you sometimes pay only the minimum due: interest of 3.75% a month (45% a year) outweighs any reward
04Product Details
- Joining and annual fee: ₹500
- Fee waived on ₹50,000 spend in a year
- 10X CashPoints at Amazon, Flipkart, Swiggy, Reliance Smart and BigBasket
- 500 CashPoints on joining
- ₹500 gift voucher on ₹50,000 spend in a quarter
- UPI enabled
05Pros and Cons
Pros
- About 2% back at popular online stores
- Easy fee waiver at ₹50,000
- Quarterly ₹500 voucher adds value
- UPI enabled
Cons
- About 0.2% on other spends
- CashPoints are worth only about 20 paise each
- Accelerated points are capped monthly
- No lounge access
06How HDFC MoneyBack+ Credit Card earns Rewards
0.2% on most spends; 2% only at partner merchants.
| Spend category | Rate | Monthly cap | Where it applies |
|---|---|---|---|
| UPI payments (scan and pay) | Earns nothing | - | a Visa or Mastercard card cannot pay by UPI |
| Online shopping | 0.2% | No cap | Anywhere else in the category |
| Online shopping, only at listed merchants | 2% | ₹500 | Only at: Flipkart, Amazon, Swiggy, Reliance Smart, BigBasketTerms: 10X CashPoints (20 per ₹200, ~2.0% at ₹0.20/point), capped 2,500 CashPoints a month. ⚠ HDFC also caps grocery at 1,000 CashPoints a month but prints that rule under the BASE-rate section, so whether it bites BigBasket and Reliance Smart inside the 10X tier is genuinely ambiguous. Assume it can. |
| Dining and food delivery | 0.2% | No cap | The card's normal rate |
| Groceries | 0.2% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 0.2% | No cap | The card's normal rate |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | 0.2% | No cap | The card's normal rate |
| Rent | Earns nothing | - | earns nothing on this card |
| Insurance premiums | 0.2% | No cap | The card's normal rate |
| School and college fees | 0.2% | No cap | The card's normal rate |
| Wallet top-ups | Earns nothing | - | earns nothing on this card |
| Taxes and government payments | Earns nothing | - | earns nothing on this card |
| Spend abroad or in a foreign currency | 0.2% | No cap | The card's normal rate |
| Everything else | 0.2% | No cap | The card's normal rate |
Terms on the base rate. 2 CashPoints per ₹200 (~0.20% at ₹0.20/point) on all other spends. Fuel, rent, government, wallet/gift-card loads and EMI earn nothing. UPI earning applies only to the RuPay variant.
Point value. 1 point is worth about ₹0.2 at the bank's stated value.
07HDFC MoneyBack+ Credit Card Travel Benefits
Spending abroad carries a 3.5% forex markup; rewards on it: 0.2% back (the normal rate). See what it costs on your trip
Also on the card. fuel surcharge waiver, milestone bonuses.
- Fuel surcharge waiver: 1% fuel surcharge waiver at all fuel stations (₹400 to ₹5,000 per txn), capped ₹250/statement cycle
- Milestone bonuses: ₹500 gift voucher (Swiggy/Myntra/Pizza Hut/Apollo etc. via GyFTR) each calendar quarter on ₹50,000 of net spend in that quarter, up to ~₹2,000 a year if you clear it every quarter
08HDFC MoneyBack+ Credit Card Eligibility and Documents
- Age
- 21 to 60 years
- Employment
- Salaried or self-employed
- Minimum monthly income
- ₹20,000
Documents. PAN card Aadhaar / valid address proof Latest 3 months bank statement Income proof, salary slips (salaried) or ITR (self-employed) Recent passport-size photograph
09Recent Changes
What HDFC Bank changed on this card recently. The facts on this page already reflect them.
| Date | Change | Before | Now |
|---|---|---|---|
| 15 May 2026 | Reduced: Dynamic currency conversion markup raised to 1.75%Source: HDFC Bank | 1% markup | 1.75% markup |
| 15 May 2026 | Reduced: Earn rate cut ~25%: per ₹150 raised to per ₹200Source: HDFC Bank | 20 CashPoints per ₹150 (10X); 2 per ₹150 (base) | 20 CashPoints per ₹200 (10X); 2 per ₹200 (base) |
| 1 Nov 2025 | Reduced: CashPoint value cut to 20 paise for statement redemptionSource: HDFC Bank | 1 CashPoint = ₹0.25 | 1 CashPoint = ₹0.20 |
| 1 Jul 2025 | Reduced: 1% fee added on rent, wallet loads and online gamingSource: HDFC Bank | No category surcharge on rent, wallet loads or gaming | 1% on rent (cap ₹4,999 per transaction); 1% on wallet loads and on online skill-based gaming above ₹10,000 a calendar month (cap ₹4,999 a month) |
| 1 Jul 2025 | Reduced: 1% fee on utilities above Rs 50,000 and on third-party education paymentsSource: HDFC Bank | No surcharge on utility or education payments | 1% on utility spends above ₹50,000 a calendar month (cap ₹4,999 a month); 1% on education paid through third-party apps |
See this card's change history → · All card changes in May 2026 →
10Cards Similar to HDFC MoneyBack+ Credit Card
HDFC MoneyBack+ Credit Card is a shopping card. The two below are the closest on SkyloFin; open any of them, or put them side by side.
| Feature | HDFC MoneyBack+ Credit Card |  HSBC Live Plus Credit Card |  SBI Cashback Credit Card |
|---|---|---|---|
| Joining fee | ₹500 + GST | ₹999 + GST | ₹999 + GST |
| Annual fee | ₹500 + GST | ₹999 + GST | ₹999 + GST |
| Rewards | 0.2% on most spends; 2% only at partner merchants | 1.5% base, up to 10% on dining | 1% base, up to 5% on online shopping |
| Domestic lounge | Not included | 2 visits a year | Not included |
| Forex markup | 3.5% | 1.99% | 3.5% |
| Type | Shopping | Dining | Shopping |
11Explore More
Card facts last verified 16 October 2026.
Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Never Miss Your HDFC MoneyBack+ Credit Card Bill
The SkyloFin app reads your bank's bill SMS, reminds you before the due date and marks the bill paid when you pay. Free on Android, and your data stays on your phone.
Common Questions
Is the ₹500 fee waived?
Yes, once you spend ₹50,000 in a year. Below that the fee is charged.
What is a CashPoint worth?
About 20 paise, so the 10X rate works out to roughly 2%.
How does the quarterly voucher work?
Spend ₹50,000 in a quarter and you get a ₹500 gift voucher.
Who can apply?
Applicants aged 21 to 60 with a monthly income of about ₹20,000.
What is the joining fee for the HDFC MoneyBack+ Credit Card?
The joining fee is ₹500 + GST. Check the bank's page before you apply, because fees change and promotional waivers come and go.
What is the annual fee for the HDFC MoneyBack+ Credit Card?
The annual fee is ₹500 + GST.
Does applying through SkyloFin cost more?
No. You pay the same fees you would pay applying directly with HDFC Bank. We earn a commission from the bank when someone applies through our link, and that is how the site is funded.
SkyloFin is not a bank and does not approve applications. Fees, rewards and eligibility rules are set by the provider and can change without notice. Always read the terms on the provider's site before you apply.
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