HDFC Bank MoneyBack Credit Card Credit cards are the savings financial instruments in today’s scenarios. They help you to earn discounts on various transactions and have a lot of offers. If you are looking for such a credit card then the HDFC MoneyBack Credit Card is an exclusive credit card that ensures maximum Cashback as compared to others in a similar segment. The card gives its bearer multiple opportunities to earn moneyback rewards. These Reward Points can be redeemed for exciting gifts and attractive offers. The card also provides CashBack offers and Reward Points on online transactions which is what makes it stand out from the rest of the credit cards.
Apart from offering a Fuel Surcharge Waiver, the card is also highly safe and secured to use. It is enabled with the new and unique chip technology which curbs down the possibilities of misuse of the card. Read on to know more about this product.
Key Highlights of HDFC Bank MoneyBack Credit Card
- A Cash back credit card with minimal annual fee.
- Joining fee and annual fee waiver when applied through HDFC Bank(T&C apply).
- Accelerated reward points on online purchases.
- Reward points redemption for cash against card outstanding.
Also Know : UNI Pay 1/3rd Credit Card Apply Online | No Joining fee No Annual Fee
Offers on HDFC Bank
If you apply for the HDFC MoneyBack Credit Card through HDFC Bank( you can enjoy:
- Joining fee waiver by opening an HDFC saving or current account within 3 months of card issuance.
- Renewal fee waiver if the annual spends exceed Rs.50,000.
- You can also enjoy 100% paperless approval. You don’t have to submit any hard copies of the documents required for approval.
HDFC Bank MoneyBack Credit Card – Features and Benefits
Welcome gift:
- Apply for the MoneyBack credit card and earn 500 reward points as joining bonus. If you renew your card, you will get 500 more reward points.
Milestone rewards:
- Spend Rs.50,000 or more on retail purchases in a quarter and get an e-voucher worth Rs.500. The voucher has a validity of 60 days.
Cashback Benefits
- 2 reward points on retail spends. 2 times more points on online spends.
- Redeem reward points for cash (100 reward points = Rs.20).
Save on fuel purchases:
- With the fuel surcharge waiver facility, you can save up to Rs.1,800 every year on your fuel purchases at stations across India. Offer valid on minimum transaction value of Rs.400.
Zero liability on lost card:
- After reporting the loss of your credit card, you have zero liability on any fraudulent transactions made using your card.
Also Know : UNI Pay 1/3rd Credit Card Apply Online | No Joining fee No Annual Fee
Reward points program
- Earn 2 reward points on every Rs.150 spent on the card.
- 2X more reward points on online spends.
- Redeem earned reward points for cash back against the card outstanding (100 reward points = Rs.20).
- Also redeemable for air miles and gifts from exclusive rewards catalogue.
- Minimum 2,500 points are required for redemption. The accrued points are valid for 2 years from the date of accumulation.
HDFC Bank Moneyback Credit Card Limit
The credit limit on HDFC Moneyback Credit Card will be varying for each applicant. The bank will determine the credit limit, as well as cash limit on the card, separately for each applicant. The credit limit for a cardholder will be based on the credit score of the primary applicant, the credit report along with the repayment habit of past and ongoing debts.
HDFC Moneyback Credit Card Fees & Charges
| 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% |
| Outstation cheque processing charge | Cheque value of up to Rs.5,000 – Rs.25 Cheque value of more than Rs.5,000 – Rs.50 |
Also Know : UNI Pay 1/3rd Credit Card Apply Online | No Joining fee No Annual Fee
HDFC Bank Moneyback Credit Card Eligibility Criteria
- Applicant should be either self-employed or salaried.
- For salaried the age range is 21 to 60 years.
- For self-employed, it is 21 to 65 years.
- The applicant should have a good credit history and a stable flow of income.
Documents Required
The exact documentation to apply for the MoneyBack credit card is not available on the official website.
Listed below are the basic documents required to process any credit card application.
- KYC documents
- PAN card
- Income proof such as salary slip or income tax returns
- Bank statements and others.
How to Apply for HDFC MoneyBack Credit Card online?
You can apply for HDFC MoneyBack Credit Card directly from HDFC official website.
Alternatively, you can also apply on HDFC Bank(, from the same page you’re on, to enjoy the exclusive partner offers.
Follow the steps to apply now:
- Navigate to the top of the page to find ‘Check Eligibility’ button.
- Click on it, fill the required details to know your eligibility for the card.
- If you’re eligible, you will find an option to apply for the card.
- Click on it, submit the required details and documents and press ‘Submit’
On successful submission of required documents and details, you will receive an acknowledgement message carrying the application ID. You can use the same to track your credit card application status in the later stage.
