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HDFC Moneyback credit card, as the name suggests, is a card that helps you get your money back in the form of reward points on every small spend you make. As a welcome and renewal benefit, you get 500 Cash points every year on payment of the joining/renewal fee. Besides that, you can also get the renewal fee waived on the basis of your annual spends. This card provides you with 4 reward points for every Rs. 150 spent online and 2 reward points for every Rs 150 spent on other categories.

These reward points can be redeemed against an array of categories, including cashback, flight/hotel bookings on SmartBuy, and products/vouchers. Moreover, you can also earn gift vouchers every quarter on the basis of your quarterly spends. Read our HDFC Bank Moneyback credit card review to get detailed information about the card and its offerings.

Although HDFC Bank is no longer issuing this card, you can opt for its newer and improved version, the MoneyBack Plus Credit Card.

HDFC MoneyBack Credit Card

Joining Fee

Rs. 500 + GST

Renewal Fee

Rs. 500 + GST

Best Suited For

Travel | Dining | Shopping |

Reward Type

Reward Points

Welcome Benefits

Get 500 Cash Points.

Movie & Dining

Exclusive dining benefits with the Good Food Trail program. Save up to 20% on your restaurant bills through Swiggy Dineout

Rewards Rate

4 Reward Points on every Rs 150 spent online and 2 Reward Points on every other spend, reward rate of up to 0.67%.

Reward Redemption

1 Reward Point = Rs 0.20 for redemption against the statement balance. 1 Reward Point = Rs. 0.25  for redemption through Smartbuy Rewards portal



Domestic Lounge Access


International Lounge Access




Insurance Benefits


Spend-Based Waiver

The renewal fee is waived off on spending Rs. 50,000 or above in the previous year.

Rewards Redemption Fee

Rs. 99 per redemption request (plus applicable taxes)

Rewards Redemption Fee

Rs. 99 per redemption request (plus applicable taxes)

Foreign Currency Markup

3.5% per currency conversion (plus applicable taxes)

Interest Rates

3.6% per month (43.2% per annum)

Fuel Surcharge

1% fuel surcharge waiver on all your fuel transactions using this credit card at all petrol pumps across India

Cash Advance Charges

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

  • Enjoy 500 Cash Points as a Welcome Benefit with HDFC MoneyBack credit card
  • Get 4 Reward Points on every Rs 150 spent online, and 2 Reward Points on every other spend of Rs. 150.
  • Get a Gift voucher worth Rs 500 every calendar quarter on the spending of Rs 50,000.
  • Redeem your reward points against exciting rewards and offer on the Smartbuy rewards portal.
  • Spend Based Waiver on Annual fee.
  • 1% fuel surcharge waiver up to Rs. 250 per month.

HDFC Moneyback Credit Card Benefits

HDFC Moneyback Credit Card Welcome Benefit

With the HDFC Moneyback credit card, you get 500 Cash Points on the payment of the membership fee. These points can be redeemed for exciting rewards and offers. Moreover, you also get 500 Cash points on the renewal of your HDFC MoneyBack credit card

Milestone Benefits

You get a gift voucher worth Rs 500 on spending Rs 50,000 in a calendar quarter. You can earn gift vouchers worth up to 2,000 in a year using this card.

Joining Fee & Renewal Fee Waiver

On spending Rs 50,000 or above in the card anniversary year, you get a renewal fee waived on your HDFC MoneyBack credit card.

Fuel Surcharge Waiver

You get a 1% fuel surcharge waiver on all your fuel transactions using this credit card at all petrol pumps across India. This benefit can be availed on a minimum transaction of Rs 400. You can get a maximum cashback of Rs 250 on your fuel transactions.

HDFC Moneyback Credit Card Rewards

  • You get 2 Reward Points for every Rs 150/-  spent.
  • You get 4 Reward Points for every Rs 150 spent online. Under this category, you can earn up to 500 reward points per statement cycle using your credit card.
  • You don’t earn any reward points on fuel transactions, gift vouchers, prepaid cards, and wallet reloads.
  • The reward points you earn using this card are valid for 2 years from the accumulation date.

How To Redeem Your Reward Points?

  • The Reward Points accumulated on your HDFC MoneyBack credit card can be redeemed for cash. You can redeem these points against your statement balance where 1 Reward Point = Rs 0.20. You must have a minimum of 2500 reward points to redeem against the statement balance, and the maximum capping is 50000 RPs per month.
  • You can redeem your Reward Points to avail of travel benefits on flight and hotel booking at the SmartBuy reward portal, where the value of 1 Reward Point = Rs 0.25. This redemption can only be made up to 50% of the booking value using your reward points, and the remaining amount must be paid through your credit card. Reward redemption is capped at 50,000 per month against flight/hotel bookings.
  • You can redeem reward points against vouchers and products, where 1 Reward Point = Rs. 0.25, up to 70% of the total value, and the rest of the amount must be paid with your credit card.

HDFC Moneyback Credit Card – Eligibility Criteria

Salaried Employees Self-Employed Individuals
Age 21 Years to 60 Years 21 Years to 65 Years
Income Minimum Rs 3,00,000 per annum Minimum Rs. 6,00,000 per annum (as per ITR)

HDFC Moneyback Credit Card Review

HDFC Moneyback credit card is an entry-level credit card for anyone who is just entering the world of credit cards. The card provides you with a great reward rate on both online as well as your offline purchases. HDFC Bank provides you with multiple redemption options to redeem your reward points accumulated using this credit card.

Furthermore, you can also convert the rewards accumulated on your purchases into cashback against your statement balance. This card is very useful because it not only helps you save but also provides various other benefits. What do you think about this credit card? Do let us know in the comments.


Yes, this card comes with Zero Protection liability against any  fraudulent transactions made on your credit card if reported within a stipulated time to HDFC 24x7 customer care
HDFC Bank charges 3.49% per month (41.88% per annum) on outstanding balance of a statement cycle
1 Reward Point = 0.25 Air Miles
These reward points are valid up to 2 years from the date of accumulation

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