HDFC MoneyBack+ Credit Card Review (2026)
Quick verdict: The HDFC MoneyBack+ Credit Card is best for entry online cashback. It earns 10X on 5 brands, 2 CP/Rs 150, with an annual fee of Rs 500 (waiver on Rs 50,000 spend). Hold it if its strongest category matches where you spend the most, and always pay the full bill to keep the rewards worthwhile.
Overview
The HDFC MoneyBack+ is an entry-level online cashback card that accelerates rewards on five popular platforms and adds quarterly milestone vouchers, for a low Rs 500 fee that is easy to waive.
CashPoints are worth up to Re 0.25 each and can offset your statement, making it a simple step up from a basic card for online spenders.
Fees & Charges
| Joining / annual fee | Rs 500 + GST (waived on Rs 50,000 spend) |
| Accelerated reward | 10X CashPoints on Amazon, Flipkart, BigBasket, Swiggy, Reliance Smart |
| Base reward | 2 CashPoints per Rs 200 on other spends |
| Reward value | 1 CashPoint = up to Re 0.25 |
| Quarterly benefit | Rs 500 gift voucher on Rs 50,000 quarterly spend |
| EMI | Convert big spends to easy EMIs |
| Finance charge | ~3.6% per month (about 43.2% p.a.) |
Rewards & Benefits
- 10X CashPoints on online spends at Amazon, Flipkart, BigBasket, Swiggy and Reliance Smart.
- 2 CashPoints per Rs 200 on all other spends.
- Rs 500 gift voucher on quarterly spends of Rs 50,000 or more.
- CashPoints (up to Re 0.25 each) can be adjusted against your statement balance.
- Dining discounts, fuel surcharge waiver and easy-EMI conversion on big purchases.
Pros & Cons
Pros
- 10X rewards on five popular online platforms
- Low fee, waived on Rs 50,000 spend
- Quarterly voucher benefit
- Simple CashPoints redemption
Cons
- Base rate is modest outside the 5 brands
- CashPoint value capped at about Re 0.25
- Accelerated rewards have monthly caps
- No lounge access
Who Should Get This Card?
- Entry-level users who shop on the 5 partner brands
- People wanting a low-fee online cashback card
- Anyone upgrading from a basic card
Ready to apply?
Applications are processed on the issuer’s official, secure website.
Apply for HDFC MoneyBack+ Credit Card →Frequently Asked Questions
Which brands earn 10X on HDFC MoneyBack+?
Amazon, Flipkart, BigBasket, Swiggy and Reliance Smart, subject to monthly caps; all other spends earn 2 CashPoints per Rs 200.
What is a CashPoint worth?
Up to Re 0.25 each, and CashPoints can be adjusted against your card statement balance.
How is the fee waived?
The Rs 500 fee is waived on Rs 50,000 of annual spend, which is easy for most regular users.
How to Get the Most from the HDFC MoneyBack+ Credit Card
- Use it where it is strongest — entry online cashback — where it earns 10X on 5 brands, 2 CP/Rs 150; route other spends to a card that rewards them better.
- Always pay the full statement balance by the due date so interest never eats your rewards.
- Track the fee and its waiver (Rs 500 (waiver on Rs 50,000 spend)) and aim to cross the waiver spend if the card is worth keeping.
- Redeem rewards regularly through the highest-value option so points or cashback never lapse.
- Set up auto-pay, transaction alerts and sensible online/international limits in the issuer’s app.
Eligibility & Documents
Exact criteria depend on HDFC Bank and the card variant, but for the HDFC MoneyBack+ Credit Card you will usually need:
- Age: generally 18–65 years.
- Income: a stable salaried or self-employed income; entry cards often start around ₹15,000–₹25,000 a month, while premium variants need more.
- Credit score: 700+ helps, and 750+ unlocks the best terms and limits.
- Documents: PAN (mandatory), an address proof (Aadhaar/passport/utility bill), income proof (salary slips, Form 16 or ITR) and a photograph.
Existing HDFC Bank customers, and applicants with a clean repayment history, typically see faster approval and higher starting limits.
How Rewards Work & Redemption
This card earns 10X on 5 brands, 2 CP/Rs 150. To judge its real value, look past the headline rate to what each reward is actually worth on redemption — cashback is credited at face value to your statement, while points and miles vary by how you redeem them (vouchers, catalogue products, statement credit, or airline/hotel transfers, which usually give the best value). Redeem before any expiry, and remember that fuel, rent, wallet loads and government payments are commonly excluded from rewards.
Plan Smarter With Free Tools
Get more out of this card with our free, no-login calculators and guides:
- EMI Calculator — work out the real cost before converting a big purchase to EMI.
- Interest Calculator — see how much revolving a balance actually costs you.
- Finance Glossary — plain-language definitions of APR, billing cycle, utilisation and more.
- Learn — quizzes, flashcards and guides to sharpen your money skills.
- Compare all 70 cards — see how this card stacks up against the rest.
Still comparing? Look at these related cards, or browse the full best credit cards in India guide and comparison table:
- Axis Bank ACE Credit Card — Bill payments & cashback
- HDFC Millennia Credit Card — Online cashback all-rounder
- Standard Chartered Smart Credit Card — Simple online cashback
- HDFC PIXEL Play Credit Card — Customisable digital cashback
- AU Bank Altura Plus Credit Card — Low-fee everyday cashback
Important: Information is for general guidance only, not financial advice, and was verified in June 2026. Card fees, reward rates and benefits change often — confirm the latest terms on the issuer’s official website before applying.