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HDFC Bank

HDFC Bank MoneyBack+ Credit Card

3.5Best for dining out

Verifying

Joining fee incl. GST: ₹590
Renewal fee incl. GST: ₹590
Conditional welcome value: Up to ₹125
Forex markup: 3.5%
Interest p.a.: 45%
Min income (salaried): ₹20,000/mo

Welcome benefits depend on the actual offer and qualifying conditions; points and vouchers are not an automatic cash refund. Awarded on realisation of the joining membership fee. Value shown at 1 CashPoint = Rs.0.25 (500 x Rs.0.25 = Rs.125) — this is a 500-point award, not Rs.500 of value, and it offsets a quarter of the Rs.500 joining fee, not all of it.

How this card earns

Reward rates with their qualifying conditions and caps. Use the calculator for a combined estimate.

Calculation coverage is still under review for this card. A recorded benefit does not mean every condition has been included in the estimate.

What still needs confirmation

The May 2026 PDF retains contradictory 5X EMI text despite explicit EMI exclusions. Grocery/accelerator cap overlap and paid renewal points remain unmodelled.

Spend category	Reward rate	Reward limit
Dining Only the qualifying merchants or payment route below 10X CashPoints — 20 CashPoints per Rs.200 of spend — on Amazon, BigBasket, Flipkart, Reliance Smart SuperStore and Swiggy, for non-EMI spends only. HDFC states the resulting value-back as 'up to 2.5%' on the product page: 20 CashPoints x Rs.0.25 / Rs.200 = 2.5%. The 10X feature is capped at 2,500 CashPoints per calendar month (= Rs.625 at 1 CashPoint = Rs.0.25), and spend beyond the cap earns nothing under this feature. Monthly cap shown as the spend at which it binds: 2,500 CashPoints per month ÷ 20 CashPoints per ₹200 = ₹25,000 of spend. Purchases carrying MCC 6540 (prepaid cards, gift cards, wallet loads and vouchers) are excluded even at these merchants.	2.5%	₹625 shared reward / month
Online shopping Only the qualifying merchants or payment route below 10X CashPoints — 20 CashPoints per Rs.200 of spend — on Amazon, BigBasket, Flipkart, Reliance Smart SuperStore and Swiggy, for non-EMI spends only. HDFC states the resulting value-back as 'up to 2.5%' on the product page: 20 CashPoints x Rs.0.25 / Rs.200 = 2.5%. The 10X feature is capped at 2,500 CashPoints per calendar month (= Rs.625 at 1 CashPoint = Rs.0.25), and spend beyond the cap earns nothing under this feature. Monthly cap shown as the spend at which it binds: 2,500 CashPoints per month ÷ 20 CashPoints per ₹200 = ₹25,000 of spend. Purchases carrying MCC 6540 (prepaid cards, gift cards, wallet loads and vouchers) are excluded even at these merchants.	2.5%	₹625 shared reward / month
Other eligible purchases 2 CashPoints per Rs.200 on all other spends (base earn). At 1 CashPoint = Rs.0.25 this is 0.25% effective. HDFC's MoneyBack+ terms list no monthly ceiling on this tier, but the card-wide Fair Usage Policy caps total earning at 15,000 Reward Points per statement cycle.	0.25%	Unverified
Groceries Ordinary grocery earning has a 1,000 CashPoint monthly ceiling.	0.25%	₹1,00,000 spend / month
UPI spends RuPay merchant UPI earning: 2 points per ₹200, capped at 500 points per calendar month.	0.25%	₹50,000 spend / month

Excluded from ordinary earning: Fuel, Rent. Specific qualifying offers, if any, are listed above.

Overall ceiling: ₹3,750 of reward value per statement at this valuation. Rates apply only to the merchants and conditions described. Shared ceilings cannot be added across rows. Points and vouchers are valued at the stated redemption assumption; use the spending calculator for a combined estimate.

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
₹2,00,000	Gift voucher worth Rs.500 on quarterly spend of Rs.50,000 (up to 4 times a year, max Rs.2,000 annually)	₹2,000

Key benefits

10X CashPoints (20 CashPoints per Rs.200, up to 2.5% value-back) on Amazon, BigBasket, Flipkart, Reliance Smart SuperStore and Swiggy, capped at 2,500 CashPoints per calendar month
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). A minimum of 500 CashPoints is required for redemption against the statement, and CashPoint redemption against the statement balance is capped at 3,000 CashPoints per calendar month.
Unredeemed CashPoints lapse two years after accumulation
Grocery spends earn CashPoints capped at 1,000 CashPoints per month
CashPoints are computed on a calendar-month basis, not a statement cycle, and are posted in the first week of the following month
Fair Usage Policy: a maximum of 15,000 Reward Points can be earned in a statement cycle on this card (HDFC MITC v4.8, updated 2 September 2026)
Rent payments, government-related transactions, online skill-based gaming, e-wallet loading and EasyEMI transactions earn no CashPoints; points on a retail transaction later converted to SmartEMI are reversed (HDFC MITC v4.8, updated 2 September 2026)
Statement redemption is ₹0.20 per CashPoint under the dated MITC. The comparison uses up to ₹0.25 for eligible non-cash redemptions. Conditional 500 renewal points are excluded from estimates.

What we like

+Low Rs.500 annual fee, fully waivable on Rs.50,000 annual spend
+Solid 10X CashPoints (2.5% value-back) on Amazon, BigBasket, Flipkart, Reliance Smart SuperStore and Swiggy, up to Rs.25,000 of such spend a month
+Quarterly Rs.500 milestone vouchers worth up to Rs.2,000 a year
+1% fuel surcharge waiver on most fuel transactions

What to watch

−No lounge access (domestic or international)
−Base earn rate is very low at 0.25% — 2 CashPoints per Rs.200, worth 50 paise
−The 10X feature is capped at 2,500 CashPoints (Rs.625) a calendar month, which binds at Rs.25,000 of qualifying spend
−This record covers MoneyBack+; holders of the older MoneyBack variant must check their own terms
−The welcome benefit is 500 CashPoints, worth Rs.125 — it does not offset the Rs.500 joining fee

Eligibility

Age 21–60
Salaried income ₹20,000/mo (≈₹2,40,000/yr)
Self-employed ₹6,00,000/yr (≈₹50,000/mo)

Salaried: age 21-60, minimum monthly income ~Rs.20,000. Self-employed: age 21-65, minimum annual income ~Rs.6,00,000 (~Rs.50,000/month). HDFC's current live product is 'MoneyBack+' (MoneyBack Plus), which replaced the original plain MoneyBack card; terms shown reflect the current MoneyBack+ variant.

Check HDFC Bank's current criteria and the source notes. Meeting a published minimum is not approval — the issuer decides every application on its own criteria, including your credit history. How we source this