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HDFC Bank Business MoneyBack Credit Card

HDFC Business Moneyback Credit Card is a business card offered by HDFC Bank with a low annual fee. It is designed for all types of business transactions, and users can receive reward points and cashback on their transactions. HDFC Bank also offers the standard MoneyBack Plus Credit Card, which can be considered the non-corporate version of this Business MoneyBack Card. The HDFC Business Moneyback Credit Card charges ₹500 as joining fees and annual renewal charges. The card offers great reward points, such as 4 Reward Points on every ₹150 spent online and 2 Reward Points on every other spend. The rewards are spending-based: the more you spend, the more rewards you earn.

The card also offers other benefits like zero lost card liability, fuel surcharge waiver, dining benefits, annual spending-based benefits, contactless payment, and much more. The HDFC Business Moneyback Credit Card is a great deal for Small and Medium Enterprises (SMEs) as it offers No-Cost EMI options where they can buy furniture, spend in bulk, and do big business transactions. Keep reading for a detailed review of this credit card:

HDFC Bank Business MoneyBack Credit Card

( 4.5 / 5 )
HDFC-Bank-Business-MoneyBack-credit-card
  • Joining Fee₹500 + GST
  • Annual Fee₹500 + GST
  • Best Suited ForBusiness Expenses
  • Reward TypeReward Points

Rewards Rate

4 Reward Points on every Rs 150 spent online and 2 Reward Points on every other spent

Welcome Benefits

N/A

Movie & Dining

Upto 20% Off on Dining Bills With Swiggy Dineout

Rewards Rate

4 Reward Points on every Rs 150 spent online and 2 Reward Points on every other spent

Reward Redemption

1 Reward Point = Up to ₹0.25

Travel

N/A

Domestic Lounge Access

N/A

International Lounge Access

N/A

Golf

N/A

Insurance Benefits

N/A

  • Spend-Based Waiver

    Spend Rs. 50,000 in a year and get a waiver of next year’s annual membership fee.

    Rewards Redemption Fee

    ₹99 + GST

    Foreign Currency Markup

    3.5%

    Interest Rates

    3.75% Per Month (45% Per Annum)

    Fuel Surcharge Waiver

    1% fuel surcharge waived off for all transactions between Rs. 400 & Rs. 5,000 and Maximum Cashback of ₹250 per statement cycle.

    Cash Advance Charges

    2.5% of the withdrawal amount subject to a minimum charge of Rs 500

    • Get 4 Reward Points on every ₹150 spent online and 2 Reward Points on every other spend of ₹150.
    • 5% Cashback on Telecom, Utility, Govt & Tax Payments.
    • Zero cost liability on reporting the lost card to the bank’s 24-hour call center.
    • Get a 1% fuel surcharge waiver.
    • Save upto 20% on dining bills paid through Swiggy Dineout.

    The HDFC Business Moneyback Credit Card Features

    The HDFC Business Moneyback Credit Card is a great deal for businesses to spend more and receive more in terms of reward points. Let’s look at its benefits, fee structure, and much more:

    Fuel Surcharge Waiver

    Cardholders can get a 1% waiver on the surcharge applicable to fuel purchases made with the HDFC Business Moneyback Credit Card. The waiver applies only to fuel transactions between ₹400 and ₹5,000, and the maximum waived amount is capped at ₹250 per statement cycle.

    Dining Benefit

    You can save up to 20% on dining bills paid through Swiggy Dineout.

    Milestone Benefits

    The cardholders can earn 2,500 Bonus Reward Points on annual spends of ₹1,80,000.

    Renewal Fee Waiver

    The cardholders can get a Renewal Fee waived for next year on spending ₹50,000 in 12 Months.

    HDFC Business Moneyback Credit Card Reward Points

    • You get 2 Reward Points on every ₹150 retail spend.
    • You get 4 Reward Points on every ₹150 spent online.
    • The reward points you earn using this card are valid for two years from the accumulation date.
    • No reward points are awarded for spending made on wallet, EMI, rent, education, and fuel.

    Reward Points Redemption

    • The cardholder can redeem accumulated Reward Points for Cashback (100 Reward Points = ₹0.20). Do note that the minimum redemption amount should be ₹2,500.
    • Reward Points can also be redeemed for exciting gifts and air miles from an exclusive rewards catalog at the applicable redemption rate.
    • It is to be noted that the Reward redemption fee of ₹99 per request will be applicable on all redemptions.

    HDFC Business Moneyback Credit Card Eligibility Criteria

    Like the general credit cards, corporate cards also have some specific eligibility criteria that need to be fulfilled by the applicants in order to get approved for this credit card. The following are some basic eligibility requirements for the HDFC Bank Business MoneyBack Credit Card:

    Category Self-Employed
    Age 21 Years to 65 Years
    Income Minimum ₹6,00,000 per annum

    Conclusion

    HDFC Business Moneyback Credit Card is a good choice for every business professional as the card offers a great opportunity to earn reward points. The card offers reward points on every business transaction incurred by the business, either on online spending or other spends as well. It also offers reward points on fuel transactions as well. On top of that, one can exchange these reward points for cashback, which can be used to pay bills. Therefore, the card is a great deal for those who are looking for reward points on tons of transactions made in the business. This was the HDFC Business MoneyBack Credit Card review from our side. Make sure to let us know your views on this card in the comment section below!

    FAQs:

    Accumulated Reward Points can be redeemed for CashBack or exciting gifts from an exclusive rewards catalog at the applicable redemption rate. Customers can also redeem their points through net banking.

    The HDFC Business Moneyback Credit Card offers a 1% fuel surcharge waiver for all transactions between ₹400 and ₹5,000. You can avail a maximum of ₹250 per statement cycle.

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