HDFC Bank
HDFC Bank MoneyBack+ Credit Card
CashPoints worth ₹0.20 each as statement credit: 20 per ₹200 (about 2% back) at Amazon, Flipkart, Swiggy, BigBasket and Reliance Smart stores, capped at 2,500 CashPoints (₹500) a month, and 2 per ₹200 (about 0.2%) on most other spends. Plus a ₹500 gift voucher each calendar quarter you spend ₹50,000. Fuel, rent, wallet loads, EMI and government payments earn nothing.
- ₹500 joining, ₹500 a year
Pros and cons
Good
- Annual fee waived at ₹50,000 of spend a year
- Low income bar: ₹20,000 a month
- Open to self-employed applicants
Watch out for
- At ₹500 a year, it doesn't beat a free card's rate on any spend
- Tight cap: rewards on groceries stop after about ₹10,000 of spend a month
- Earns nothing on fuel, wallet loads, rent and government payments
- Low base rate: 0.2% on everyday spends
- Who it's for
- People whose spending matches its best category: online shopping.
- Skip it if
- You want rewards to cover the fee: a free card pays as much.
Worked out from the bank's published terms with the same rules for every card, never from what we earn. How we judge cards.
Rewards (value back as % of spend)
- Everyday spends
- 0.2% (base rate)
- Online shopping
- 2%
- Fuel
- 0%
- Groceries
- 2%
- Travel
- 0.2%
- Bills and utilities
- 0.2%
- Dining and food delivery
- 2%
Fees and charges
- Joining fee
- ₹500
- Annual fee
- ₹500
- Fee waiver
- Renewal fee waived if you spend ₹50,000 or more in the year before your renewal date. Paying the joining fee earns 500 CashPoints (₹100 as statement credit), and each paid renewal earns another 500. No joining fee waiver is offered.
- Forex markup
- 3.5%
- Fuel surcharge waiver
- 1% waiver on fuel transactions of ₹400 to ₹5,000, capped at ₹250 per statement cycle. Fuel earns no CashPoints, and a 1% fee applies to single fuel transactions above ₹15,000.
Benefits and eligibility
- Airport lounge
- No airport lounge access.
- Card network
- Not published by the bank
- UPI payments
- No
- Minimum income (salaried)
- ₹20,000 a month
- Eligibility
- Salaried: Indian national, age 21-60, monthly income above ₹20,000. Self-employed: Indian national, age 21-65, ITR above ₹6 lakh a year. HDFC Bank's eligibility page calls the salaried figure gross income and its product page calls it net income, so confirm with the bank. Approval at HDFC Bank's discretion.
Fees exclude GST. Reward rates are the value back you get at the bank's published redemption value; where a bank doesn't publish what a point is worth, we leave the rate blank rather than guess. See how we compare cards.
Compare it with other cards
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What changed recently
- RewardsWorse for you
CashPoints are now earned per ₹200 instead of per ₹150: 2 per ₹200 on most spends and 20 per ₹200 at Amazon, Flipkart, Swiggy, BigBasket and Reliance Smart stores.
Before: 2 per ₹150 (20 per ₹150 at the five merchants) · After: 2 per ₹200 (20 per ₹200 at the five merchants)
HDFC's notice gives the base rate; the 10X figures come from the card terms published the same day and HDFC's earlier FAQ.
Bank's notice or terms - RewardsWorse for you
A CashPoint redeemed as statement credit is now worth ₹0.20, down from up to ₹0.25.
Before: Up to ₹0.25 a CashPoint · After: ₹0.20 a CashPoint
The ₹0.25 figure is from the card's own terms and FAQ, which haven't been updated; HDFC's fee schedule and product page give ₹0.20.
Bank's notice or terms
Questions people ask
Is the HDFC Bank MoneyBack+ Credit Card worth it in 2026?
Only if most of your spending is on online shopping. The catch: tight cap: rewards on groceries stop after about ₹10,000 of spend a month.
Is the HDFC Bank MoneyBack+ Credit Card lifetime free?
No. It costs ₹500 to join and ₹500 a year, plus GST. Renewal fee waived if you spend ₹50,000 or more in the year before your renewal date. Paying the joining fee earns 500 CashPoints (₹100 as statement credit), and each paid renewal earns another 500. No joining fee waiver is offered.
Does the HDFC Bank MoneyBack+ Credit Card work on UPI?
No. Only RuPay credit cards can be linked to UPI, and this isn't one.
Does the HDFC Bank MoneyBack+ Credit Card give airport lounge access?
No airport lounge access.
What earns no rewards on the HDFC Bank MoneyBack+ Credit Card?
No CashPoints on fuel, rent, government payments, wallet loads, gift card, prepaid card and voucher purchases (even at the 2% merchants), EMI transactions (including purchases later converted to EMI, even if closed early), cash advances, card fees, online skill-gaming, and education fees paid through third-party apps such as CRED or Cheq (paying the school or college directly still earns). Purchases made through HDFC's SmartBuy or PayZapp earn the base 0.2%, even at the 2% merchants. Only each full ₹200 spent earns. Turning CashPoints into statement credit needs at least 2,000 CashPoints and costs ₹50 plus GST each time.
Is there a limit on rewards with the HDFC Bank MoneyBack+ Credit Card?
The 2% rate at Amazon, Flipkart, Swiggy, BigBasket and Reliance Smart stores is capped at 2,500 CashPoints (₹500) a calendar month, reached at ₹25,000 of spend there. HDFC's terms say spend there above the cap earns nothing. Grocery earns at most 1,000 CashPoints (₹200) a calendar month. HDFC doesn't say whether BigBasket and Reliance Smart purchases count towards this limit, so we assume they do. Utility bills earn at most 2,000 CashPoints (₹400) a calendar month. Phone and telecom bills earn at most 2,000 CashPoints a calendar month, separate from the utility limit. Insurance premiums earn at most 2,000 CashPoints a month. Insurance isn't one of the spend types we rate. At most 15,000 CashPoints (₹3,000) can be earned in a statement cycle.
Who can get the HDFC Bank MoneyBack+ Credit Card?
The bank publishes a minimum income of ₹20,000 a month for salaried applicants. Self-employed people can apply: ITR above ₹6 lakh a year; age 21-65; Indian national. Salaried: Indian national, age 21-60, monthly income above ₹20,000. Self-employed: Indian national, age 21-65, ITR above ₹6 lakh a year. HDFC Bank's eligibility page calls the salaried figure gross income and its product page calls it net income, so confirm with the bank. Approval at HDFC Bank's discretion. Approval is at the bank's discretion.
How we checked this card: the CreditParakh team read HDFC Bank's own terms and product page on 19 Oct 2026. Every fee, rate and rule above comes from those pages; where they disagree, we say so. We re-check every card monthly and log changes on card changes. See our editorial standards.
Last verified 19 Oct 2026 on HDFC Bank's official page. Fees and rewards change; check the issuer's terms before you apply.