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HDFC MoneyBack+ Credit Card: Fees, Rewards & Benefits

Dining card

Vyaya Team · Jun 2026
5 min read
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Value Score
7.0 / 10
Annual Fee
₹500
Best For
Online retail shopper, Budget rewards starter
Network
Mastercard
Expert Verdict

An entry-level shopping card offering 10X on five big online partners (capped at 2,500 points/month) for a ₹500 fee and easy ₹50,000 waiver. The ₹0.25 CashPoint value means real returns are modest unless you concentrate spends on partners.

HDFC BANKMastercard
HDFC MoneyBack+
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REWARD SUMMARY
0.33333333333333337% Base Rewards
Dining card
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The Bottom Line

The HDFC MoneyBack+ is built for online retail shopper and budget rewards starter. With a ₹500 annual fee that is waived on ₹50,000 yearly spend, it offers 3.33% rewards on flipkart (shopping) and 500 bonus points. It makes the most sense if your spending matches online retail shopper and budget rewards starter.

It earns a base reward rate of 0.33333333333333337% and stacks best when your spending lines up with Online retail shopper, Budget rewards starter. The renewal fee gets easier to justify once you can hit ₹50,000 in yearly spend.

What we like
+10X CashPoints (20 per ₹150) on Amazon, Flipkart, Swiggy, BigBasket and Reliance Smart, capped at 2,500 points/month.
+Low ₹500 fee, accessible at ₹2.4 Lakh income, with renewal waived on ₹50,000 annual spend.
+Quarterly ₹500 gift voucher on ₹50,000 spend in a calendar quarter.
+5X (10 per ₹150) on merchant/brand EMI transactions, plus up to 20% savings via Swiggy Dineout.
+Fuel surcharge waiver (1% on ₹400–₹5,000, capped at ₹250/cycle).
What we don't
CashPoints are valued at only ₹0.25, so the base 2 per ₹150 is barely ~0.3% return.
The 10X accelerated cap is 2,500 points/month, limiting the rich rate's upside.
No rewards on fuel, government, rent (1% fee from 2nd txn), wallet loads or standard EMI conversions.
High 3.5% forex markup makes it unsuitable for overseas spends.

Who Should Get This Card

Use this as a quick filter before comparing rewards or fees in detail.

Best fit for

Ideal
+
Online retail shopper

Users who concentrate Amazon, Flipkart, Swiggy and grocery spends can capture 10X within the 2,500-point monthly cap on a cheap ₹500 card.

+
Budget rewards starter

Earners around ₹2.4 Lakhs wanting accelerated online rewards and a quarterly voucher at minimal cost.

Probably not for

Skip
Reward value optimizer

At ₹0.25 per CashPoint the base return is roughly 0.3%, poor for anyone optimizing real value.

Offline / utility spender

Without partner online spends the card defaults to a weak base rate, with fuel, rent and bills earning nothing.

Is It Worth It For You?

Slide to your typical monthly card spend. We'll do the rest.

Calculate Your Value

Adjust your typical monthly spend by category.

Dining
05,000Max ₹50k
Est. Returns
Travel
010,000Max ₹1L
Est. Returns
Online & Shopping
08,000Max ₹80k
Est. Returns
Groceries
06,000Max ₹40k
Est. Returns
Annual rewards0
Welcome bonus (Year 1)+₹125
Annual fee-₹500
Net Value (Year 1)-375
Net Value (Year 2+)-500
Progress to fee waiver0%

Spend ₹50,000 more to waive annual fee

Sign in for personalized estimates based on your actual spending

Reward Rates

HDFC MoneyBack+ offers 0.33333333333333337% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

Flipkart (Shopping)
3.33%
Amazon (Shopping)
3.33%
Swiggy (Dining)
3.33%
Reliance Smart SuperStore (Grocery)
3.33%
BigBasket (Grocery)
3.33%
Merchant/EasyEMI, Aggregator & Brand EMI (Other)
1.67%

Welcome Offer

500 CashPoints

Applicable only on payment of membership fee.

Value: ₹125

Milestone Benefits

Spend ₹50,000Value: ₹500

Gift voucher on spends of ₹50,000 and above in each calendar quarter.

Spend ₹50,000

Renewal membership fee waiver on annual spends of ₹50,000.

Fees & Charges

Joining fee₹500
Annual fee₹500
Fee waiverSpend > ₹50,000

Eligibility

  • Min Income: ₹6 Lakhs
  • Min Credit Score: 700
  • Entry-level card; min ₹20,000/month salaried or ITR >₹6 lakh self-employed; annual fee ₹500 waived on ₹50,000 spend.

Exclusions & Terms

Forex markup

  • Foreign currency markup

EMI (conversion of retail spends / SmartEMI / Dial An EMI)

  • No rewards on retail-spend EMI conversion, SmartEMI and Dial An EMI (DAE). Note: Merchant/EasyEMI, Aggregator EMI and Brand EMI at merchant locations DO earn 5X CashPoints (see accelerated rates).

Cash Advance

  • No rewards

Fees & Charges

  • No rewards

Frequently Asked Questions

2 data-backed answers from our card database

What is the annual fee of the HDFC MoneyBack+?+

The HDFC MoneyBack+ has an annual fee of ₹500, waived on annual spends of ₹50,000.

What rewards does the HDFC MoneyBack+ offer?+

It earns CashPoints, with accelerated earning on Dining, Grocery, Shopping.

Ready to apply?

₹500 annual fee. Apply on the HDFC Bank website.

Apply on HDFC Bank

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