Housing Development Finance Corporation
Joining Fee: ₹500* Plus Applicable Taxes
Renewal Fee: ₹500*Plus Applicable Taxes
Welcome benefits:- 500 CashPoints on spending ₹5,000 within 90 days of card issuance
Check your eligibility For This Card
The HDFC MoneyBack Credit Card is one of the most popular entry-level cards in India, offering cashback on every spend. It is especially rewarding for those who frequently shop online, as it provides higher rewards on digital transactions. This card is well-suited for beginners looking to start their credit journey, offering good value for money compared to its annual fee. Below is a detailed overview of the HDFC MoneyBack Credit Card to help you evaluate if it’s the right choice for you.
The HDFC Bank MoneyBack Credit Card is designed to offer rewarding benefits on everyday spending. With this card, you earn a percentage of your spends back as cashback at the end of each billing cycle. It comes with an affordable joining fee of ₹500 and carries an interest rate of 3.49% per month.
With the HDFC MoneyBack Credit Card, you earn both cashback and reward points on your spends. A key highlight is the ability to convert reward points into cashback—an uncommon feature for entry-level cards.
Reward Points Earning
Cashback Conversion
This makes the card a practical choice for beginners who prefer flexibility in rewards and cashback.
Welcome Benefit
Annual Spend-based Benefit
Renewal Fee Waiver
Fuel Surcharge Waiver
Zero Lost Card Liability
| Type of fee/charge | Amount |
|---|---|
| Joining fee | Rs.500 |
| Annual fee | Rs.500 |
| Interest rate | 3.49% per month |
| Cash withdrawal fee | 2.5% of the withdrawn amount (Minimum Rs.500) |
| Cash advance limit | 40% of the credit limit |
| Rewards redemption fee | Rs.99 per request |
| Late payment charges |
|
| Over limit charges | 2.5% of the over-limit amount (minimum Rs.500) |
| Payment return charges | 2% of payment amount (minimum Rs.450) |
| Cash processing fee | Rs.100 |
| Reissue of lost, stolen or damaged card | Rs.100 |
| Foreign currency transaction fee | 3.5% |
HDFC Card offers multiple ways to get assistance for your credit card queries and services.
Everything you need to know about this credit card
Yes. You can link your card to PayZapp to make direct payments or add money to your PayZapp account. These transactions are not chargeable.
Reward Points can be redeemed for cashback, gifts, or air miles. For cashback, you must have a minimum of 2,500 points (100 points = ₹20). Redemption can be done through HDFC NetBanking under the rewards portal, and the cashback will be credited to your card account within 7 working days.
Yes. You can apply for a lifetime-free supplementary card for immediate family members above 18 years. The add-on card comes with the same benefits as the primary card.
You can view your statements online via HDFC NetBanking or the HDFC Mobile Banking app. After logging in, go to the ‘Cards’ section → ‘Enquire’ option to view or download your statement.
Yes. You can convert large purchases into EMIs across categories like groceries, insurance, electronics, education, medical, travel, and more. However, gold and jewelry purchases cannot be converted into EMIs.
The credit limit is decided by HDFC Bank after reviewing your income, credit score, age, and other eligibility factors. Generally, the limit ranges between ₹25,000 and ₹1.5–2 lakh. Your exact credit limit will be communicated at the time of card issuance.
You can apply both online and offline. To apply online, visit the official HDFC Bank website and fill out the application form. For offline applications, you can visit your nearest HDFC Bank branch.
