The HDFC Bank MoneyBack Plus Credit Card is an upgraded version of the popular HDFC MoneyBack Credit Card. It is a Visa-network credit card that earns CashPoints on all purchases, with accelerated 10X CashPoints on five popular online and retail merchants.

• Card Network: Visa (also available in RuPay variant for UPI payments)
• Card Type: Entry-level rewards card
• Reward Currency: CashPoints (1 CashPoint = up to Rs. 0.25)
• Best Suited For: Online shoppers, first-time credit card users, budget-conscious spenders

Earn 20 CashPoints per Rs. 150 spent (3.33% valueback) on Amazon, Flipkart, Swiggy, BigBasket, and Reliance Smart SuperStore. This applies to non-EMI spends across apps, websites, and physical stores. Maximum 2,500 CashPoints per calendar month under this feature.

Base Reward Rate

Earn 2 CashPoints per Rs. 150 spent on all other purchases (0.33% valueback). Applicable to most categories except fuel, rent, government transactions, wallet loads, voucher purchases, and EMI transactions.

Quarterly Milestone Vouchers

Get a gift voucher worth Rs. 500 on spending Rs. 50,000 or more in each calendar quarter. Choose from brands like Swiggy, Myntra, Pizza Hut, Apollo Pharmacy, and Bata. Earn up to Rs. 2,000 in vouchers per year.

Dining Benefits

Get 10% additional discount on Swiggy Dineout at over 2,000 premium restaurants using coupon code HDFCCARDS.

Fuel Surcharge Waiver

1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 5,000. Maximum waiver of Rs. 250 per statement cycle. GST on fuel surcharge is not reversed.

Zero Lost Card Liability

In case of card loss, you are not liable for fraudulent transactions if reported immediately to the 24-hour call centre.

• 500 CashPoints (worth Rs. 125) credited upon payment of joining membership fee

Renewal Benefit

• 500 CashPoints (worth Rs. 125) credited upon payment of renewal membership fee

Quarterly Milestone Benefits

• Spend Rs. 50,000 or more in a calendar quarter to receive a gift voucher worth Rs. 500
• Calendar quarters: January-March, April-June, July-September, October-December
• Choose from Swiggy, Myntra, Pizza Hut, Apollo Pharmacy, Bata, and more options via gyftr.com
• Maximum 4 vouchers per year (Rs. 2,000 total annual value)
• Voucher message triggered within 60 working days of achieving the spend target
• Voucher valid for 120 days from the date of issuance

Annual Fee Waiver

• Spend Rs. 50,000 or more in a year before your renewal date to get the next year annual fee waived

The HDFC MoneyBack Plus Credit Card does not offer complimentary airport lounge access. This is an entry-level card focused on everyday rewards rather than travel benefits.

If you need airport lounge access, consider upgrading to HDFC Millennia (domestic lounges) or HDFC Regalia (domestic + international lounges).

The MoneyBack Plus uses CashPoints as its reward currency. Points are calculated and posted on a calendar month basis (1st to 30th/31st of each month) and credited in the first week of the following month.

Earning Structure

• 10X CashPoints: 20 CashPoints per Rs. 150 on Amazon, Flipkart, Swiggy, BigBasket, Reliance Smart SuperStore (max 2,500 CashPoints/month)
• Base Rate: 2 CashPoints per Rs. 150 on all other eligible spends
• Grocery Cap: 1,000 reward points per month on grocery transactions
• Overall Cap: 15,000 CashPoints per statement cycle
• Minimum transaction of Rs. 150 required for CashPoints posting

Redemption Options

• SmartBuy Flights/Hotels: 1 CP = Rs. 0.25 (up to 50% of booking, max 50,000 CP/month)
• Product Catalogue: 1 CP = Rs. 0.25 (up to 70% of value, Rs. 99 handling fee)
• Statement Credit: 1 CP = Rs. 0.20 (min 2,000 CP, Rs. 50 fee, max 50,000 CP/month)
• Airmiles: 1 CP = 0.25 Airmiles

Points Expiry

Unredeemed CashPoints expire after 2 years. Points are also nullified if the card is unused for 365+ days.

• Age: Minimum 21 years, Maximum 60 years
• Minimum gross monthly income: Rs. 20,000

Self-Employed Individuals

• Age: Minimum 21 years, Maximum 65 years
• Minimum annual ITR: Rs. 6 lakhs

Credit Score

A CIBIL score of 650 or above is recommended for approval. Higher scores improve chances of getting a better credit limit.

Nationality

Applicant must be an Indian resident.

• PAN Card
• Passport
• Aadhaar Card
• Voter ID Card
• Driving License

Address Proof (Any One)

• Passport
• Voter ID Card
• Aadhaar Card
• Driving License
• Electricity Bill (recent)
• Bank Account Statement
• Property Registration Document

Income Proof

• Salaried: Latest salary slips (3 months), Form 16, bank statement (3 months)
• Self-Employed: Latest Income Tax Return (ITR), business proof, bank statement (6 months)

Photographs

• Recent passport-size colour photographs

1. Visit the HDFC Bank website or click the Apply Now button on the MoneyBack Plus product page
2. Fill in your personal details, employment information, and income details
3. Upload required documents (identity proof, address proof, income proof)
4. Submit the application and wait for verification
5. Upon approval, the card will be delivered to your registered address

Branch Application

1. Visit the nearest HDFC Bank branch
2. Request the credit card application form for MoneyBack Plus
3. Fill in the form and submit along with required documents
4. The bank will process and verify your application

Through MyCards

Existing HDFC Bank customers can apply through the MyCards platform for a seamless digital experience.

The HDFC MoneyBack Plus Credit Card is a well-designed entry-level rewards card that delivers excellent value for online shoppers. With 10X CashPoints on five of India most popular shopping and food platforms (Amazon, Flipkart, Swiggy, BigBasket, Reliance Smart), it offers a market-leading 3.33% valueback that few cards in this price range can match.

The quarterly milestone vouchers (up to Rs. 2,000 per year), low annual fee with easy waiver, and flexible redemption options make it a strong choice for first-time credit card users and budget-conscious consumers. The main limitations are the absence of airport lounge access, travel benefits, and the 3.5% forex markup that makes it unsuitable for international spending.

If your primary spending is on online platforms and you want maximum rewards without paying a premium annual fee, the HDFC MoneyBack Plus is one of the best options available in the Indian market.