HDFC BankHDFC Bank Business MoneyBack Credit Card
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HDFC Bank
HDFC Bank Business MoneyBack Credit Card
3.0Best for online shopping
Verifying
- Joining fee
- ₹500
- Annual fee
- ₹500
- Welcome bonus
- —
- Forex markup
- 3.5%
- Interest p.a.
- 45%
- Min income
- —
How this card earns
Reward rates by category, with caps and an estimated yearly value.
| Spend category | Reward rate | Monthly cap | Est. value/yr |
|---|---|---|---|
Online shopping Accelerated Reward Points on online spends. Sources conflict on the exact rate: HDFC's official product page currently states '2X Reward Points on every Rs.200 spent online', while third-party sites (cardinsider, bankbazaar) and the page title ('Get 3X Reward Points') quote up to '4 Reward Points per Rs.150 spent online'. Conservative ~0.5% effective shown assuming 1 Reward Point = Rs.0.25. Rate unverified due to source conflict. | 0.5% | — | ₹600 |
Everything else Base earn of 2 Reward Points on other retail spends per HDFC official page (2 RP per Rs.200 = ~0.25% assuming 1 RP = Rs.0.25). Redemption against statement is lower (100 RP = Rs.20, i.e. Rs.0.20/RP); higher value of up to Rs.0.25/RP applies on products/SmartBuy. Assumption: 1 RP = Rs.0.25. | 0.25% | — | ₹300 |
| All other spends | 0.25% | — | ₹300 |
Estimated yearly value assumes ₹10,000/month spend in each category, capped where the card caps rewards.
Fees & charges
Joining fee₹500
Annual fee₹500
Annual fee waiverRenewal fee waived on annual spends of Rs.50,000 or more in the preceding year
Foreign currency markup3.5%
Finance charge (p.a.)45%
Fuel surcharge waiver1%, up to ₹250/mo
Spend milestones
| Annual spend | Benefit | Value |
|---|---|---|
| ₹1,80,000 | 2,500 bonus Reward Points on annual spends of Rs.1,80,000 (per anniversary year) | ₹625 |
Key benefits
- Accelerated Reward Points on online spends (exact rate varies by source; see notes)
- 2,500 bonus Reward Points on Rs.1,80,000 annual spend milestone
- 1% fuel surcharge waiver on transactions between Rs.400 and Rs.5,000 (capped at Rs.250 per statement cycle)
- Up to 20% off on dining via Swiggy Dineout
- Reward Points redeemable against statement balance (100 RP = Rs.20) or against products/SmartBuy (up to Rs.0.25 per point); Rs.99 + GST reward redemption fee applies
- Designed for business and self-employed spends; cash withdrawal and instant loan facility available
What we like
- +Low Rs.500 joining/renewal fee, fully waivable on Rs.50,000 annual spend
- +Accelerated Reward Points on online business spends
- +2,500 bonus Reward Points (~Rs.625) on Rs.1,80,000 annual spend milestone
- +1% fuel surcharge waiver on most fuel transactions
- +Up to 20% dining savings via Swiggy Dineout
What to watch
- −No lounge access (domestic or international)
- −Low base earn rate (~0.25% on non-accelerated spends)
- −Rs.99 + GST reward redemption fee on every redemption request
- −Reward earn structure is reported inconsistently across HDFC's own page and third-party sites
Compare with similar cards
- Top reward
- 33%
- Annual fee
- ₹12,500
- Welcome bonus
- ₹12,500 value
HDFC BankHDFC Bank Diners Club Black Credit Card
- Top reward
- 33.33%
- Annual fee
- ₹10,000
