INDEPENDENT PUBLIC DIRECTORY: Eligo does not issue credit cards, collect customer applications, or earn affiliate referral commissions. All terms, fees, and interest charges below are sourced directly from the official hdfcbank.com (HDFC Bank Ltd.) Most Important Terms and Conditions (MITC).

🏛️HDFC Bank Ltd.Network: Visa / Mastercard / RuPayShopping & Rewards CardsLast Verified: 2026-09-28

HDFC MoneyBack+ Credit Card

एचडीएफसी मनीबैक+ क्रेडिट कार्ड

Entry-level rewards card offering 10X CashPoints on Amazon, Flipkart, BigBasket, and Swiggy, plus ₹2,000 annual milestone gift vouchers.

Annual Fee₹500 + GST (Renewal: ₹500 + GST)

Reward Rate10X CashPoints (10 CashPoints per ₹150) on Amazon, BigBasket, Flipkart, Reliance Smart SuperStore, and Swiggy (max 2,500 CP per month). 2 CashPoints per ₹150 spent on all other retail purchases.

Airport LoungeNo complimentary airport lounge access is included on this starter rewards card.

Forex Markup3.50% + GST on foreign currency transactions.

What Is This Card

HDFC MoneyBack+ is the upgraded edition of India's classic starter credit card. Tailored for first-time salaried employees and household shoppers, it offers 10X accelerated rewards on Amazon, BigBasket, Flipkart, and Reliance Smart with an accessible ₹50,000 annual spend waiver.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹500 + GST (Renewal: ₹500 + GST)

Fee Waiver: Spend ₹50,000 or more in each preceding anniversary year to get the annual renewal fee of ₹500 waived.

🎁Welcome Benefit

500 CashPoints credited to cardholder account upon payment of the joining fee.

⚡Reward Points Structure

10X CashPoints (10 CashPoints per ₹150) on Amazon, BigBasket, Flipkart, Reliance Smart SuperStore, and Swiggy (max 2,500 CP per month). 2 CashPoints per ₹150 spent on all other retail purchases.

Redemption Value: 1 CashPoint = ₹0.25 against statement balance (4 CP = ₹1.00) or up to ₹0.25 on SmartBuy portal for flight and hotel bookings.

🛫Airport & Railway Lounge Access

No complimentary airport lounge access is included on this starter rewards card.

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Standard zero lost card liability cover up to credit limit against fraudulent transactions reported within 24 hours.

Fuel Surcharge: 1% fuel surcharge waiver across all fuel stations in India on transaction amounts between ₹400 and ₹5,000 (maximum waiver of ₹250 per statement cycle).

🎯Milestone Spends & Grace Period

Milestones: Gift voucher worth ₹500 on reaching ₹50,000 spends in each calendar quarter (up to ₹2,000 in gift vouchers annually).

Interest-Free Period: Up to 50 days of interest-free credit from transaction date.

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

Redemption value against statement cash is modest at ₹0.25 per CashPoint (effective 1.66% return on 10X categories). No airport lounge access. Accelerated points capped at 2,500 CashPoints per month.

Forex Markup Fee3.50% + GST on foreign currency transactions.

Cash Advance Fee2.5% of withdrawn amount or ₹500 (whichever is higher) + 3.60% monthly finance charge from day 1.

Finance Charges (Interest)3.60% per month (43.20% per annum) calculated from the date of transaction on unpaid balances.

Late Payment SlabsNil for outstanding up to ₹100; ₹100 for ₹101–₹500; ₹500 for ₹501–₹1,000; ₹600 for ₹1,001–₹5,000; ₹800 for ₹5,001–₹10,000; ₹1,100 for ₹10,001–₹25,000; ₹1,300 for above ₹25,000 (+ GST).

Reward Points ExpiryCashPoints expire 2 years (24 months) from the date of accrual.

Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel, wallet loads, rent payments, educational institutional payments, and government tax transactions.

Eligibility Criteria

Salaried Indian individuals aged 21 to 60 years with minimum gross monthly income of ₹20,000. Self-employed individuals aged 21 to 65 with annual ITR exceeding ₹6,00,000.

Age Requirement21 to 60 Years

Minimum Income₹20,000/month (Salaried) / ₹6,00,000/year ITR (Self-Employed)

CIBIL Score NoteCredit score of 720+ is standard. First-time card applicants with active salary accounts in HDFC Bank can qualify.

SBI RelationshipNot mandatory. Open to all qualifying Indian citizens.

How to Apply (Official Procedure)

Online Digital Application Flow

1Visit hdfcbank.com or access the HDFC Bank Mobile App.

2Enter PAN and mobile number to check instant credit eligibility.

3Choose MoneyBack+ Credit Card and select preferred card network (Visa, Mastercard, or RuPay).

4Submit current address, employer details, and monthly salary.

5Complete online Video KYC session with bank official.

6Upon approval, physical card is delivered within 3 to 5 business days.

Branch Application for Offline Applicants

Apply at any HDFC Bank branch by submitting self-attested copies of PAN, Aadhaar, latest salary slip, and a passport-size photo.

Visit Official Card Page (hdfcbank.com)Download Official MITC (PDF)

Documents Required

1. PAN Card (mandatory)

2. Proof of Identity & Residence: Aadhaar Card, Passport, or Driving License

3. Proof of Income: Last 3 months' salary slips and 6 months' bank statements (Salaried) OR ITR with Computation (Self-Employed)

4. Passport-size photograph.

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on HDFC MoneyBack+ Credit Card?

If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil for outstanding up to ₹100; ₹100 for ₹101–₹500; ₹500 for ₹501–₹1,000; ₹600 for ₹1,001–₹5,000; ₹800 for ₹5,001–₹10,000; ₹1,100 for ₹10,001–₹25,000; ₹1,300 for above ₹25,000 (+ GST).. In addition, revolving finance charges at 3.60% per month (43.20% per annum) calculated from the date of transaction on unpaid balances. will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.

Can I convert transactions on HDFC MoneyBack+ Credit Card into EMI?

Yes, HDFC Bank Ltd. provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.

How do I track and redeem reward points or cashback on HDFC MoneyBack+ Credit Card?

You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into HDFC Bank Ltd.'s official mobile banking application or web portal. 1 CashPoint = ₹0.25 against statement balance (4 CP = ₹1.00) or up to ₹0.25 on SmartBuy portal for flight and hotel bookings. Please note: CashPoints expire 2 years (24 months) from the date of accrual.

What is the interest-free grace period on HDFC MoneyBack+ Credit Card and how does it work?

The interest-free period on HDFC MoneyBack+ Credit Card is Up to 50 days of interest-free credit from transaction date.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (3.60% per month (43.20% per annum) calculated from the date of transaction on unpaid balances.) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.

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