HDFC Money Back Credit Card | Features And Benefits | Review

HDFC MoneyBack Credit Card is the best entry-level and cashback credit card.

After launching in 2014 money-back has become quite more popular among the best credit cards in India.

Money-Back is a multipurpose credit card you can use for your daily shopping and other payment needs.

Started banking in 1994 HDFC Bank has become the 2nd largest private sector bank in India.

From the day when HDFC Bank Introduced its first Credit Card to now, HDFC has offered many alternative variants of credit cards.

HDFC MoneyBack Credit Card

HDFC Money-back credit card is one of the best CashBack and reward Credit Cards In India.

The card comes with different types of attractive features and benefits including fuel, shopping, dining, rewards points, cash advances, etc.

The best benefit of Money money-back credit card is its reward points which will give you cashback or cash adjustment facility.

For each 150/- INR transaction, you will earn 2 reward points. And your reward points will never expire.

Each reward point value is around 0.20 INR, which you can adjust to your monthly bill.

So if you have collected 1000 reward points you can get a cashback of 200/RS.

The Cashback amount will be adjusted to your next/existing monthly bill.

HDFC Money Back Credit Card Features:

You will get a Fuel Surcharge Waiver on all leading fuel outlets (capped at Rs. 100 every billing cycle).

Earn 2 Reward Points for each 150/- INR spent, you can earn 4 Reward points if you spend 150/- RS online.

An interest-free time period for up to 50 days. (After 3.40% monthly interest).

Zero lost card liability if you inform bank customer care in the first 24 hours.

You can save up to 5000 INR in a year if you use the money-back credit card for your daily shopping/purchases needs.

Adjust your all earned reward points to your existing or upcoming monthly bill. 100 reward points value will be 20 INR.

HDFC Money Back is a chip & pin enabled credit card so no one can use it without your thumb.

Eligibility Criteria For HDFC Money Back Credit Card

HDFC Money Back is one of the best beginner credit cards.  It’s a regular credit card and every Individual can apply for a MoneyBack Credit Card. 

Applicant should be above 21 ( Bank can offer above 18 under some bank own criteria) with at least 20K monthly salary.

Below are the criteria and documents for eligibility:

A person should be Indian with valid documents and an age above 21 years.

Colour Passport Size Photograph 

Pan Card

Voter ID / Aadhaar Card

Income Proof ( Salary Slip or ITR Copy)

Bank Account Statment

Company ID proof (In Some Cases)

Why Should You Go For HDFC Money Back?

For beginners, the HDFC Money Back credit card will be the best choice.

The card is easy to use and anyone who is earning more than 25K per month can apply for this card.

Money-back will give you an easy way to shop & purchase either online or directly from merchants.

The Card comes with a small annual fee of 500/- RS, but you can get it waived with two different conditions.

1. You get your first-year fee reversed if you spend Rs. 10,000 in the first 90 days * (Bank Offer) of the card issuance date and your renewal fee is reversed if you spend Rs. 50,000 in a year before the renewal date
2. Apply for a Money Back Card online and after the card, issuance downloads the HDFC Bank PayZapp Application on your mobile. * (Bank Offer)

Simply activate the application with your latest issued HDFC credit card.

I’m using many credit cards from different banks.

But HDFC Money Back, ICICI Platinum Chip, & Standard Chartered Platinum Rewards card is still my preferred choice for new card users.

Read – ICICI Amazon Pay Credit Card Review

Which is best HDFC Money Back vs HDFC Money Back Plus?

HDFC Money Back Plus is the upgraded version of the existing HDFC Money Back credit card.

Money Back Plus comes with some additional features like 5% cashback, Multiple rewards and loan offers etc. 

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