HDFC Bank MoneyBack Plus Credit Card
Joining Fee: ₹500 + GST
Renewal Fee: ₹500 + GST
Reward Type: Reward Points
Welcome Benefits
500 CashPoints: Earn 500 CashPoints upon joining the card.
Annual Renewal CashPoints: Receive 500 CashPoints each year on card renewal.
Rewards Program
10X CashPoints: Earn 10X CashPoints (20 CashPoints per ₹150) on spends at Amazon, Flipkart, Big Basket, Reliance Smart Superstore, and Swiggy, capped at 2,500 points per month. EMI spends at these merchants earn 5X CashPoints.
5X CashPoints: Get 5X CashPoints (10 CashPoints per ₹150) on EMI spends at selected merchants, capped at 2,500 points per month. Only the EMI principal amount earns CashPoints.
2 CashPoints: Earn 2 CashPoints per ₹150 spent on general transactions and SmartPay transactions. CashPoints are not earned on fuel transactions, wallet loads, gift or prepaid card loads, voucher purchases, cash advances, outstanding payments, or card fees.
Reward Redemption
Statement Credit: 1 CashPoint = ₹0.25 for cash redemption against your statement balance. Minimum of 500 CashPoints required.
Flight/Hotel Bookings: 1 CashPoint = ₹0.25 for bookings via SmartBuy. Redeem up to 50% of the booking value with CashPoints.
Product Catalog: 1 CashPoint = ₹0.25 for redemption against products in the catalog.
AirMiles: 1 CashPoint = 0.25 AirMiles for redemption.
Milestone Benefits
Quarterly Gift Vouchers: Earn a ₹500 gift voucher for spending ₹50,000 or more in a quarter, with a maximum of ₹2,000 in vouchers per year.
Dining Benefits
Dining Discounts: Get up to 15% off at over 2,000 premium restaurants when paying with your MoneyBack Plus Credit Card.
Fuel Surcharge Waiver
1% Waiver on Fuel Surcharge: Receive a 1% waiver on fuel surcharges, capped at ₹250 per billing cycle.
Renewal Fee Waiver
Renewal Fee Waiver: Spend ₹50,000 or more in the previous year to waive the renewal fee of ₹500.
Finance & Forex Charges
Interest Charges: 4.6% per month (43.2% per annum)
Foreign Markup Fee: 3.5% of the transaction amount
Cash Advance Fee: 2.5% of the withdrawn amount, with a minimum fee of ₹500
Summary
The HDFC MoneyBack Plus Credit Card offers several benefits, including 500 CashPoints on joining and renewal. Spend ₹50,000 per quarter to earn ₹500 gift vouchers, with dining discounts of up to 15% at over 2,000 restaurants. Get a 1% fuel surcharge waiver, capped at ₹250 per billing cycle, and a renewal fee waiver with an annual spend of ₹50,000.
Rewards include 10X CashPoints on select merchants like Amazon and Swiggy, capped at 2,500 points per month. General transactions earn 2 CashPoints per ₹150. Redeem points for statement credit, flight/hotel bookings, products, or AirMiles, with 1 CashPoint = ₹0.25 or 0.25 AirMiles. The card has a joining and annual fee of ₹500, with interest charges of 4.6% per month, a 3.5% foreign markup fee, and a 2.5% cash advance fee.