HDFC Bank
HDFC Bank MoneyBack Credit Card
3.5 / 5visa · mastercard
- Joining fee
- ₹500
- Annual fee
- ₹500
- Base reward
- 0.33%
- Min income
- ₹20,000/mo
- Forex markup
- 3.5%
- Interest p.a.
- 45%
Where it earns
| Category | Rate | Monthly cap |
|---|---|---|
| Online shopping | 3.33% | ₹625 |
| Everything else | 0.33% | Uncapped |
Benefits
- ▸10X CashPoints on Amazon, Flipkart, Swiggy, Reliance Smart SuperStore and BigBasket
- ▸5X CashPoints on EMI spends at merchant locations
- ▸1% fuel surcharge waiver (min Rs.400, max Rs.5,000 per txn; capped at Rs.250 per statement cycle)
- ▸CashPoints redeemable against statement balance, against products/flights/hotels on SmartBuy, or as AirMiles (1 CashPoint = up to Rs.0.25)
- ▸Grocery spends earn CashPoints capped at 1,000 CashPoints per month
The good
- + Low Rs.500 annual fee, fully waivable on Rs.50,000 annual spend
- + Strong 10X CashPoints (~3.33%) on popular online merchants like Amazon, Flipkart and Swiggy
- + Quarterly Rs.500 milestone vouchers worth up to Rs.2,000 a year
- + 1% fuel surcharge waiver on most fuel transactions
The catch
- − No lounge access (domestic or international)
- − Base earn rate is low at ~0.33% on non-accelerated spends
- − Accelerated 10X/5X rewards capped at 2,500 CashPoints (~Rs.625) per month
- − The original 'MoneyBack' card is discontinued; the live product is 'MoneyBack+' so legacy MoneyBack terms no longer apply