← Part of HDFC Credit Cards in India
The HDFC Bank MoneyBack Plus Credit Card, an upgraded version of the MoneyBack Card, offers d rewards for daily spending and online shopping. As of May 15, 2026, new changes are effective for this card, including a maximum contactless payment limit of ₹5,000 without a PIN in India.
| Parameter | Details |
|---|---|
| Card Type | Entry-level rewards credit card, ideal for beginners |
| Joining Fee | ₹500 + Applicable Taxes |
| Annual Fee | ₹500 + Applicable Taxes |
| Annual Fee Waiver | Spend ₹50,000 or more in a year before the renewal date |
| Cash Advance Fee | 2.5% of withdrawn amount or minimum ₹500 (whichever is higher) |
| Interest Rate (Finance Charge) | 3.6% per month |
| Eligibility (Salaried Indian National) | Age: 21-60 years, Gross Monthly Income: > ₹20,000 |
| Eligibility (Self-Employed Indian National) | Age: 21-65 years, Income Tax Return (ITR): > ₹6 lakh per annum |
| Accelerated Rewards | 10X CashPoints on partner merchants (Amazon, Flipkart, Swiggy, Reliance Smart Bazaar, BigBasket) |
| Quarterly Milestone Benefit | ₹500 gift voucher on quarterly spends of ₹50,000 or more |
| Maximum Annual Gift Vouchers | ₹2,000 (via quarterly spends) |
| Fuel Surcharge Waiver | 1% (Minimum transaction ₹400, maximum waiver ₹250 per statement cycle) |
| Dining Discount | ₹200 on Swiggy Dineout (Minimum Order Value ₹2,000, at 2,000+ premium restaurants) |
| Minimum CashPoints for Redemption | 2,000 CashPoints |
| Value of 1 CashPoint | Up to ₹0.25 (as per HDFC Bank) |
| Contactless Payment Limit (without PIN) | ₹5,000 per single transaction in India (effective May 15, 2026) |
| Application Method | Online via HDFC Bank website/MyCards portal, or offline at HDFC Bank branches |
| Card Management | Via HDFC Bank MyCards mobile-based service platform |
This card is designed for users seeking straightforward rewards on everyday purchases, offering a competitive edge in the entry-level credit card segment in India.
MoneyBack Plus: Rewards & Benefits
The HDFC Bank MoneyBack Plus Credit Card offers 10X CashPoints on popular online platforms like Amazon and Flipkart, making IT suitable for frequent digital shoppers. Cardholders can also earn a ₹500 gift voucher for quarterly spends of ₹50,000 or more, alongside an annual fee waiver for yearly spends exceeding ₹50,000.
| Benefit Category | Details | Value/Rate |
|---|---|---|
| Accelerated Rewards | Earn accelerated rewards on popular platforms | 10X CashPoints on Amazon, Flipkart, Swiggy, Reliance Smart Bazaar, BigBasket |
| Base Reward Rate | CashPoints on all categories of spends | Up to 20 CashPoints on every ₹150 spent |
| Milestone Benefit | Gift voucher on quarterly spends | ₹500 worth Gift voucher on Quarterly spends of ₹50,000 or more |
| Annual Fee Waiver | Waiver of annual fee based on yearly spends | Annual fee waiver on ₹50,000 yearly spends |
| Dining Discount | Discount on dining at premium restaurants via Swiggy Dineout | ₹200 discount (Minimum Order Value ₹2,000) at over 2,000 premium restaurants |
| Fuel Surcharge Waiver | Waiver on fuel surcharge for fuel purchases | 1% waiver (maximum ₹250 per statement cycle, minimum transaction ₹400) |
| UPI Spends (RuPay variant) | Reward Points on UPI transactions | 2 Reward Points/₹200 on UPI spends, capped at 500 Reward Points each month |
| CashPoint Redemption | Redemption options for CashPoints | 1 CashPoint is worth up to ₹0.25; minimum 2,000 CashPoints for redemption |
| Card Management | Convenient activation and management via MyCards platform | Single interface for Credit Cards, Debit Cards, FASTag, Consumer Durable Loans; Spends tracking; Reward Points view and redeem |
| Contactless Payments | Enabled for contactless payments at retail outlets | Allowed for a maximum of ₹5,000 for a single transaction without PIN (as of 2026) |
| Maximum SmartBuy Cashback | Monthly CAP on cashback points via SmartBuy | 1,000 cashback points per calendar month |
| Gift Vouchers Annually | Total potential gift vouchers earned in a year | Up to ₹2,000 (based on quarterly milestones) |
The card’s reward structure prioritizes online shopping and milestone achievements, offering substantial value for users who frequently spend on partner platforms.
MoneyBack Plus: Fees & Charges 2026
The HDFC Bank MoneyBack Plus Credit Card carries a joining fee of ₹500 plus applicable taxes, with an identical annual fee for subsequent years. Cardholders can waive the annual fee by spending ₹50,000 or more in the year preceding the renewal date.
| Metric | Value (₹) | Details |
|---|---|---|
| Joining Fee | 500 + Applicable Taxes | One-time charge upon card issuance. |
| Annual Fee | 500 + Applicable Taxes | Charged from the second year onwards. |
| Annual Fee Waiver | ₹0 | Waived on spending ₹50,000 or more in the preceding year. |
| Cash Advance Fee | 2.5% of withdrawn amount or minimum ₹500 | Whichever is higher, for cash withdrawals. |
| Interest Rate (Revolving Credit) | 3.6% per month | Applied to outstanding balances after the due date. |
| Fuel Surcharge Waiver | 1% | Capped at ₹250 per statement cycle, for transactions of ₹400 or more. |
| Welcome Benefit | 500 CashPoints | Equivalent to the joining fee, credited upon card activation. |
| Renewal Benefit | 500 CashPoints | Equivalent to the annual fee, credited upon renewal. |
| Finance Charge (HDFC CSC Small Business MoneyBack Credit Card) | 3.49% per month | Specific to the Small Business variant. |
These fees and charges are standard for the HDFC Bank MoneyBack Plus Credit Card as of 2026, with specific waiver conditions for the annual fee.
Eligibility & Application Process
Applying for the HDFC Bank MoneyBack Plus Credit Card in 2026 requires meeting specific age and income criteria. Salaried Indian nationals need a gross monthly income over ₹20,000, while self-employed individuals must have an Income Tax Return (ITR) exceeding ₹6 lakh per annum.
- Age Criteria: Salaried applicants must be between 21 and 60 years old. Self-employed applicants need to be between 21 and 65 years old.
- Nationality: Only Indian nationals are eligible to apply for this credit card.
- Income for Salaried: A gross monthly income of more than ₹20,000 is required for salaried individuals.
- Income for Self-Employed: Self-employed applicants must show an Income Tax Return (ITR) of over ₹6 lakh per annum.
- Online Application: You can apply through the official HDFC Bank website, HDFC Bank MyCards portal, or other financial platforms like Stable Money and Finology.
- Offline Application: Applications are also accepted at any HDFC Bank branch across India.
- Identity Proof: Required documents include PAN Card, Passport, Aadhar Card, Voter ID Card, or Driving License.
- Address Proof: Submit Passport, Voter ID Card, Aadhar Card, Driving License, Ration Card, Electricity Bill, Bank Account Statement, or Property Registration Document.
- Income Proof: Salaried applicants need their last two months’ salary slips, Form 16, or previous three months’ bank account statements.
The credit limit for the MoneyBack Plus Credit Card is determined by HDFC Bank based on your creditworthiness, financial history, and income profile.
Managing Your MoneyBack Plus Card
Effective May 15, 2026, HDFC Bank has updated certain terms for the MoneyBack Plus Credit Card. Cardholders can manage their account easily through the HDFC Bank MyCards platform or net banking portal.
The credit limit for the MoneyBack Plus card is set individually, based on the applicant’s creditworthiness, financial history, and income.
- Contactless Payments: The card supports contactless payments for transactions up to ₹5,000 without a PIN in India. For amounts equal to or above ₹5,000, a PIN entry is mandatory for security.
- Online Management: HDFC Bank MyCards, a mobile-based service, allows cardholders to activate and manage their MoneyBack Plus Credit Card conveniently. This includes checking statements and making payments.
- Credit Limit Determination: HDFC Bank assesses each application individually. Factors like your CIBIL score, income, and existing financial commitments determine the assigned credit limit.
- Cash Withdrawal: You can withdraw cash using the MoneyBack Plus card. A cash advance fee of 2.5% of the withdrawn amount or a minimum of ₹500 (whichever is higher) applies.
- Interest Charges: An interest charge of 3.6% per month is applicable on outstanding balances if not paid by the due date. This translates to an annual percentage rate of approximately 43.2%.
- Annual Fee Waiver: The annual renewal fee of ₹500 + applicable taxes is waived if you spend ₹50,000 or more in the year preceding the renewal date.
- Reward Redemption: A minimum of 2,000 CashPoints is required for redemption. CashPoints can expire, so review the latest HDFC Bank terms for validity.
Understanding these management features helps optimize the use of your HDFC Bank MoneyBack Plus Credit Card for daily spending and online purchases.
MoneyBack Plus Vs. Alternatives
The HDFC Bank MoneyBack Plus Credit Card an upgraded version of the original HDFC MoneyBack Card, offering d reward rates for everyday spending. IT competes closely with the HDFC Millennia Credit Card, which provides a 1:1 rewards to cashback ratio but carries a higher annual fee. As of 2026, the MoneyBack Plus card is ideal for beginners seeking cashback on online shopping and daily purchases.
| Feature | HDFC Bank MoneyBack Plus Credit Card | HDFC Bank MoneyBack Credit Card | HDFC Bank Millennia Credit Card |
|---|---|---|---|
| Card Type | Entry-level cashback/rewards card | Entry-level cashback card | Mid-level cashback/rewards card |
| Joining Fee | ₹500 + GST | ₹500 + applicable taxes | ₹1,000 per annum |
| Annual Fee | ₹500 + GST (waivable on ₹50,000 yearly spends) | ₹500 + Applicable Taxes (waivable on ₹50,000 yearly spends) | ₹1,000 (waivable on ₹1,00,000 yearly spends) |
| Reward Rate (Accelerated) | 10X CashPoints on Amazon, BigBasket, Flipkart, Reliance Smart SuperStore, Swiggy | Good for overall online spends (less impressive than MoneyBack+) | Higher cashback rates, 1:1 rewards to cashback ratio |
| Reward Redemption | CashPoints (minimum 2,000 points for redemption) | CashPoints | CashPoints (better for redemption against statement balance) |
| Lounge Access | No complimentary airport lounge access | Not specified | Offers airport lounge access |
| Cash Advance Fee | 2.5% of withdrawn amount or minimum ₹500 (whichever is higher) | 2.5% of withdrawn amount or minimum ₹500 (whichever is higher) | Not specified |
| Interest Charge | 3.6% per month | 3.6% per month | Not specified |
| Salaried Income Eligibility | Gross monthly income > ₹20,000 | Not specified | Not specified |
| Self-Employed ITR Eligibility | ITR > ₹6 lakh per annum | Not specified | Not specified |
The MoneyBack Plus card offers superior accelerated rewards on popular online platforms compared to the standard MoneyBack card, making IT a better choice for digital spenders. However, for those seeking travel benefits like lounge access or higher cashback redemption against statement balance, the HDFC Millennia card presents a more advanced option despite its higher fees.
Common Queries & Misconceptions
The HDFC Bank MoneyBack Plus Credit Card is an upgraded version of the MoneyBack Card, designed for everyday spending and online purchases. IT offers higher reward rates compared to its predecessor, with changes effective from May 15, 2026.
Many users have questions about its features, eligibility, and how IT compares to other cards.
- Is the MoneyBack Plus Card suitable for beginners? Yes, the HDFC Bank MoneyBack Plus Credit Card is an entry-level card, ideal for individuals starting their credit journey who seek rewards on daily spending and online shopping.
- Can I withdraw cash with this card? Yes, cash withdrawals are allowed, but a cash advance fee of 2.5% of the withdrawn amount or a minimum of ₹500 (whichever is higher) applies.
- What is the contactless payment limit? In India, contactless payments without a PIN are capped at ₹5,000 per transaction; amounts equal to or above ₹5,000 require a PIN for security.
- How can I manage my card? You can conveniently manage your MoneyBack Plus Credit Card through HDFC Bank MyCards, a mobile-based service platform for all credit card needs.
- What is the minimum income for eligibility? Salaried Indian nationals need a gross monthly income exceeding ₹20,000, while self-employed individuals require an Income Tax Return (ITR) of more than ₹6 lakh per annum.
- Does the card offer travel benefits? No, the HDFC Bank MoneyBack Plus Credit Card does not provide travel benefits like complimentary lounge access, nor are popular travel brands included in its accelerated rewards categories.
Understanding these aspects helps in evaluating if the HDFC Bank MoneyBack Plus Credit Card aligns with your spending habits and financial goals.
Maximizing Your MoneyBack Plus Rewards
The HDFC Bank MoneyBack Plus Credit Card offers multiple avenues to maximize rewards, primarily through accelerated CashPoints on specific merchant categories. Cardholders can also earn a ₹500 gift voucher for quarterly spends exceeding ₹50,000.
Understanding the card’s reward structure and annual fee waiver criteria helps optimize its benefits for daily spending.
- use 10X CashPoints: Earn 10 times the CashPoints on purchases made at partner merchants like Amazon, Flipkart, Swiggy, Reliance Smart Bazaar, and BigBasket. This significantly boosts reward accumulation for online shopping and daily s.
- Meet Quarterly Spend Milestones: Achieve quarterly spends of ₹50,000 or more to receive a ₹500 gift voucher. This can amount to ₹2,000 in gift vouchers annually, adding substantial value.
- Ensure Annual Fee Waiver: Spend ₹50,000 or more within a year to waive the ₹500 annual renewal fee. This makes the card effectively free for active users (Source: HDFC Bank).
- Utilize Swiggy Dineout Discounts: Get a ₹200 discount on dining bills of ₹2,000 or more when paying via Swiggy Dineout at over 2,000 premium restaurants. This offers savings on eating out.
- Redeem CashPoints Strategically: Redeem accumulated CashPoints once you reach the minimum threshold of 2,000 CashPoints. Each CashPoint is valued at up to ₹0.25 (Source: HDFC Bank).
- Benefit from Fuel Surcharge Waiver: Receive a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000, with a maximum waiver of ₹250 per statement cycle.
By focusing on accelerated reward categories and meeting spend-based waivers, cardholders can significantly the value derived from their HDFC Bank MoneyBack Plus Credit Card.
Key Takeaways
- The MoneyBack Plus card offers 10X CashPoints on key online platforms like Amazon and Flipkart, making IT ideal for frequent online shoppers.
- Achieving ₹50,000 in annual spending waives the ₹500 annual fee, while quarterly spends of ₹50,000 yield a ₹500 gift voucher.
- Cardholders can save on dining with a ₹200 discount via Swiggy Dineout and benefit from a 1% fuel surcharge waiver.
Review the specific merchant list for 10X CashPoints and apply for the HDFC Bank MoneyBack Plus Credit Card on the official HDFC Bank website.
Frequently Asked Questions (FAQs)
What are the joining and annual fees for the HDFC Bank MoneyBack Plus Credit Card?
The HDFC Bank MoneyBack Plus Credit Card has a joining fee of ₹500 plus applicable taxes. IT also carries an annual fee of ₹500 plus applicable taxes, as per HDFC Bank’s official charges.
Can I withdraw cash using my HDFC Bank MoneyBack Plus Credit Card?
Yes, you can withdraw cash using your HDFC Bank MoneyBack Plus Credit Card. HDFC Bank charges a cash advance fee of 2.5% of the withdrawn amount, or a minimum of ₹500, whichever is higher.
What is the interest rate on the HDFC Bank MoneyBack Plus Credit Card?
The HDFC Bank MoneyBack Plus Credit Card charges an interest rate of 3.6% per month on outstanding balances. This rate applies to unpaid amounts after the due date.
What is the maximum contactless payment limit without a PIN in India?
In India, contactless payments are allowed for a maximum of ₹5,000 per single transaction without requiring a Credit Card PIN. For transactions equal to or higher than ₹5,000, you must enter your PIN for security.
How is the credit limit determined for the HDFC Bank MoneyBack Plus Credit Card?
The credit limit for the MoneyBack Plus Credit Card is determined by your creditworthiness, financial history, and income. HDFC Bank assesses each application individually to align the limit with your financial profile.
Does the HDFC MoneyBack Plus Credit Card offer travel benefits like lounge access?
No, the HDFC MoneyBack Plus Credit Card does not offer travel benefits such as complimentary lounge access. Its accelerated rewards categories do not include popular travel brands.
How can I manage my HDFC Bank MoneyBack Plus Credit Card?
You can manage your HDFC Bank MoneyBack Plus Credit Card easily through HDFC Bank MyCards. This mobile-based service platform allows for convenient activation and management of your credit card on the go.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI / IRDAI) before deciding.