HDFC MoneyBack Credit Card
Joining Fee: ₹500 + GST
Renewal Fee: ₹500 + GST
Reward Type: Reward Points
HDFC MoneyBack Credit Card: Key Benefits
Welcome Benefits
500 Cash Points on Activation: Earn 500 Cash Points upon paying the membership fee.
500 Cash Points on Renewal: Receive an additional 500 Cash Points on renewal.
Rewards Program
2 Reward Points on Regular Spending: Earn 2 Reward Points for every ₹150 spent on general purchases.
4 Reward Points on Online Spending: Get 4 Reward Points for every ₹150 spent online, up to 500 points per statement cycle.
Exclusions: No points on fuel transactions, gift vouchers, prepaid cards, or wallet reloads.
Points Validity: Valid for 2 years from accumulation.
Redeeming Reward Points
Cash Redemption: Redeem 2,500 or more Reward Points against your statement balance, where 1 Reward Point = ₹0.20.
Travel & Hotel Booking: Use Reward Points for flight and hotel bookings via the SmartBuy portal, with 1 Reward Point = ₹0.25, up to 50% of the booking value.
Vouchers and Products: Redeem points for vouchers and products, with 1 Reward Point = ₹0.25, up to 70% of the total value.
Milestone Benefits
Quarterly Spending Rewards: Earn a ₹500 gift voucher for spending ₹50,000 in a calendar quarter, with a maximum of ₹2,000 in vouchers per year.
Fee Waiver on Annual Spending
Renewal Fee Waiver: Spend ₹50,000 or more in the card anniversary year to get the renewal fee waived.
Fuel Surcharge Waiver
1% Waiver on Fuel Transactions: Get a 1% fuel surcharge waiver on transactions of ₹400 or more, with a maximum cashback of ₹250 per statement cycle.
Summary
The HDFC MoneyBack Credit Card offers valuable benefits including 500 Cash Points upon activation and renewal. Cardholders earn 2 Reward Points per ₹150 spent on general purchases and 4 Reward Points for online transactions, with a cap of 500 points per statement cycle. Points are valid for 2 years and can be redeemed for cash, travel bookings, or vouchers at rates up to ₹0.25 per point. Additional perks include a ₹500 gift voucher for quarterly spends of ₹50,000, a renewal fee waiver for annual spending of ₹50,000, and a 1% fuel surcharge waiver on transactions over ₹400.