HDFC MoneyBack Plus Credit Card

Our Rating

Annual Fees

500

Joining Fees

500

Annual Fees

500

Add to Compare

Percentage Savings range

https://i.postimg.cc/5yGN9DV5/rupee-gold-coin-10889.png

2%-10%%

Good for use on Amazon, Flipkart, BigBasket, Reliance Smart Points, Swiggy.

 Reward Type 
  Reward Points  

 Welcome Benefits 
  500 Cash Points * 

 Minimum Income 
  6,00,000  

 Lounge Access 
  Not Available  

Rewards

Core Rewards :

1.3% 2 Cashpoints every Rs.150 spent
13% 10X Cashpoints on Amazon, BigBasket , Flipkart, Reliance Smart SuperStore & Swiggy

Milestone Rewards :

Monthly : N/A
Quaterly : 500 worth of voucher on spending Rs. 50,000
Annual : N/A

No rewards on spends : Fuel, Wallet Loads, Cash Withdrawals, EMI, Rent

Rewards Redemption

How to Redeem :

Cashback in form of Statement Credit

Redemption options : Statement Credit, Travel Booking, Gift Vouchers and AirMiles.

Redemption fee : Rs. 99

Transfer partners :

Intermiles
Singapore Airlines (KrisFlyer)
Air Vistara (CV Points)

Complementary Benefits

Lounge access :

Domestic Lounge : N/A
International Lounge : N/A
Railway Lounge : N/A

Insurance Benefits :

Lost card liability : Up To Credit Limit
Personal accidental insurance : N/A
Air accidental insurance : N/A

Other Benefits :

Lounge Membership : N/A
Memberships Available With Cards : N/A
Spa Benefits : N/A

Golf Benefits :

Lessons : N/A
Games : N/A

Fees

Joining fees : 500

Annual fees : 500

Welcome Benefits : 500 Cash Points

Quaterly Benefits : N/A

Annual Benefits : 500 Cash Points

Forex markup charges : 3.50%

Fee reversal criteria : Spend Rs. 50,000 in a year

Eligibility

Minimum age : 21

Minimum ITR : 6,00,000

Minimum Salary : 20,000

HDFC MoneyBack Plus Credit Card Welcome Benefits:

Welcome benefit: Receive e-vouchers worth Rs. 5,000 from select brands. Enjoy shopping, travel, fashion, and more with these versatile vouchers. Elevate your lifestyle from the moment you get your HDFC MoneyBack Plus Credit Card.
Explore premium choices in travel, clothing, footwear, and shopping.
Your gateway to luxury and rewards begins with this exclusive welcome offer.

HDFC MoneyBack Plus Credit Card Reward Points/Cashback:

The HDFC MoneyBack Plus Credit Card offers:

Movie and dining benefits with free movie tickets and dining discounts.
Reward rate of 2.5% on groceries, dining, movies, and department store spending.
Redemption options for gift vouchers or statement balance.
Complimentary travel memberships and airport lounge access.
Golf privileges and insurance coverage.
Core rewards of 4% on transactions, 5X points on select categories, and 2% on other spends.
Milestone rewards on annual spending.
No rewards on wallet transactions.

HDFC MoneyBack Plus Credit Card Reward Point Redemption:

You can easily redeem your reward points with the HDFC MoneyBack Plus Credit Card:

Redemption Options: You can use your reward points for gift vouchers and statement cash.
Redemption Fee: There is no fee for redeeming your points.
Transfer Partners: The card does not offer any transfer partners.
Value: Each reward point is worth Re. 0.25 when redeemed for gift vouchers, products, or cashback.

Pros of HDFC MoneyBack Plus Credit Card

Attractive welcome benefits worth Rs. 5,000.
Access to domestic and international airport lounges.
Competitive reward rates on dining, groceries, and department store expenses.
Lucrative milestone rewards for high spenders.
Enjoy two complimentary movie tickets each month.

Cons of HDFC MoneyBack Plus Credit Card

Lower reward rate compared to other premium cards.
Average returns on spending.
High renewal fee waiver requirement of Rs 10 lakhs.
Relatively high renewal fee of Rs. 4,999.

HDFC MoneyBack Plus Credit Card Benefits

Welcome Perks: Enjoy a Rs. 5,000 Gift Voucher from top brands.
Milestone Rewards: Earn up to 15,000 Bonus Reward Points by meeting spending milestones.
Travel Advantages: Free lounge access, hotel discounts, and club memberships.
Airport Lounge Access: 2 domestic and 6 international lounge visits per year.
Movie and Dining Benefits: Complimentary/discounted movie tickets and dining offers.
Golf Privileges: Four free golf rounds, golf lesson, and discounts (MasterCard variant).
Concierge Service: Assistance with various services.
Lower Foreign Markup Fee: 1.99% on foreign transactions.
Annual Fee Waiver: Spend Rs. 10 lakhs to waive the annual fee.
Fuel Surcharge Waiver: 1% waiver on fuel transactions between Rs. 500 and Rs. 4,000, up to Rs. 250/month.

HDFC MoneyBack Plus Credit Card Charges and Fee

Spend-Based Fee Waiver: Annual renewal fee of Rs. 4,999 waived on spending Rs. 10 lakh or more in the previous year.
Rewards Redemption Fee: Rs. 99 + taxes per redemption request.
Foreign Currency Markup: 1.99% of the transaction amount for foreign currency transactions.
Interest Rates: 3.50% per month (42% per annum).
Fuel Surcharge: 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 4,000 at fuel stations (max waiver of Rs. 250/month).
Cash Advance Charges: 2.5% of the transaction amount with a minimum charge of Rs. 500.
Add-on Card Fee: No fee for add-on cards.
Annual Fee: Rs. 4,999.
Finance Charges: 42% per annum.
Late Payment Charges: Vary based on the outstanding amount.
Joining/Renewal Fee: Rs. 4,999 + GST with a welcome benefit of a Rs. 5,000 Gift Voucher. Renewal fee waived on spending Rs. 10 lakhs in a membership year.
Forex Markup Charges: 3.50%.
Fee Reversal Criteria: Spend Rs. 10 lakhs in a year to reverse the annual fee.

Disclaimer : The information presented on this website is obtained from publicly accessible sources and is solely intended for informational purposes as a service to the wider internet community. It should not be construed as financial advice, and we cannot ensure the accuracy, sufficiency, or comprehensiveness of the information provided on this platform.