HDFC MoneyBack Plus Credit Card Review
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HDFC Bank MoneyBack Plus Credit Card Review 2026

10X CashPoints on Amazon, Flipkart, Swiggy, BigBasket, and Reliance Smart - ₹500 quarterly gift vouchers, Swiggy Dineout discounts, and fuel waiver at ₹500/year waived at just ₹50,000 annual spend.

3.2
/5
Card24 Score
Partner Rewards
4
Milestones
3.5
Fees
4.5
Last reviewed May 2026 · Card24.ai editorial team
HDFC Bank MoneyBack Plus
Annual Fee
₹500 + GST*
10X Partners
Amazon, Flipkart, & many more
Base Earn
2 CashPoints*
Quarterly Milestone
₹500 gift voucher*

Credit Card Verdict- MoneyBack Plus

What we like

  • 10X CashPoints (20 CP/₹200) on five of India's most-used online platforms - Amazon, Flipkart, Swiggy, BigBasket, and Reliance Smart SuperStore. At ₹0.25/CP, this equals 2.5% value back on these partners. For anyone regularly shopping across 2+ of these platforms, MoneyBack+ is a natural everyday card.
  • ₹500 gift voucher on every ₹50,000 quarterly spend - max ₹2,000/year. At ₹50,000/quarter (₹16,667/month), this adds 1% incremental value on top of regular CashPoints. Voucher partners include select brands via HDFC SmartBuy.
  • Annual fee waiver at just ₹50,000 spend per year - ₹4,167/month - one of the most accessible waiver conditions on any HDFC credit card. Makes the card effectively free for almost any regular user.
  • SmartBuy portal: 5% cashback on flights, hotels, and buses; 10% on select brands (Jockey, PharmEasy, Drivado). Capped at 1,000 SmartBuy CP/month. Adds meaningful travel and lifestyle value to an entry-level card.
  • HDFC ecosystem upgrade path: MoneyBack+ is the entry card. Strong spend history leads to upgrade eligibility for HDFC Millennia, Regalia Gold, or Regalia - one of the clearest and most documented upgrade paths in Indian banking.

Watch out for

  • EFFECTIVE MAY 15, 2026: Earn unit changed from ₹150 to ₹200 - reducing effective earn rate by approximately 25% on both 10X and base categories. At 10X: previously ₹0.25/₹150 = 1.67% but now ₹0.25/₹200 = 1.25% per CashPoint. Previous rates should not be cited - all comparisons must use the post-May 2026 structure.
  • 2,500 CP/month cap on 10X partners fills at just ₹25,000/month across Amazon, Flipkart, Swiggy, BigBasket, and Reliance Smart combined. Heavy online shoppers hit this cap quickly - above ₹25,000/month on these 5 platforms, the card earns zero additional accelerated points.
  • No lounge access - the MoneyBack+ card provides no domestic or international airport lounge access at any spend level. For HDFC cards with lounge access, Millennia (₹1,000/year) or Regalia Gold are required.
  • Zero CashPoints on: fuel, wallet loads, prepaid card loads, voucher purchases, rent, government transactions, Smart EMI. Grocery CashPoints capped at 1,000 CP/month. These exclusions significantly limit the card for high grocery or utility bill payers.

*EFFECTIVE MAY 15, 2026: Earn unit changed from ₹150 to ₹200 on MoneyBack+ and other HDFC entry/mid cards. 20 CashPoints per ₹200 on Amazon, Flipkart, Swiggy, BigBasket, Reliance Smart SuperStore - cap 2,500 CP/month. 2 CashPoints per ₹200 on all other eligible. Grocery capped at 1,000 CP/month (from Jan 2023). Zero CP on fuel, wallet loads, prepaid card loads, vouchers, rent, government transactions, Smart EMI. 1 CP = ₹0.25. Min 500 CP for cashback redemption. CashPoints valid 2 years. Annual fee ₹500 waived at ₹50,000. Quarterly milestone: ₹500 gift voucher on ₹50,000 quarterly spend. Fuel waiver: 1% on ₹400–₹5,000, max ₹250/statement cycle. T&Cs apply.

Credit Card Achievers- MoneyBack Plus

Is HDFC Bank MoneyBack Plus Credit Card Worth It in 2026?

Yes - with a caveat. The HDFC MoneyBack+ remains the best ₹500 credit card for users who regularly spend on Amazon, Flipkart, Swiggy, BigBasket, and Reliance Smart. If even two of these five platforms are part of your regular spending, the 10X CashPoints (2.5% at ₹0.25/CP, post-May 2026) and quarterly milestone vouchers create genuine annual value well above the ₹500 fee.

Annual value at ₹17,000/month on 10X platforms + ₹8,000/month base: 10X earns ~1,700 CP/month (₹425) + base earns 80 CP (₹20) = ₹445/month = ₹5,340/year in CashPoints. Add quarterly milestone vouchers at ₹50K spend/quarter = ₹2,000/year. Joining 500 CP (₹125). Total Year 1: ~₹7,465 from a ₹500 card waived at ₹50K. Note: May 2026 change reduced CashPoints by ~25% vs prior year - always cite post-May 2026 rates.

The limitation: once online spend consistently exceeds ₹25,000/month on partner platforms (where the 2,500 CP/month cap hits), the incremental value stops. For high online spenders, BOBCARD Cashback at 5% on all online transactions with no monthly cashback cap delivers 2× or more the return. Use MoneyBack+ for the 5 specific partners; Cashback for everything else.

HDFC MoneyBack+ is the best entry-level HDFC card for Amazon, Flipkart, Swiggy, BigBasket, and Reliance Smart shoppers - 2.5% on these 5 partners, ₹2,000/year in milestone vouchers, and ₹500 fee waived at ₹50,000 annual spend.

MoneyBack Plus Credit Card Benefits

How to Get the Most Out of HDFC Bank MoneyBack Plus Credit Card

The 10X advantage (2.5%) only works on the 5 specific platforms. Make MoneyBack+ your default for all Amazon, Flipkart, Swiggy food delivery, BigBasket, and Reliance Smart SuperStore orders. Every ₹200 spent here earns 20 CP vs 2 CP on any other card at the same fee tier. At ₹17,000/month on these 5 platforms combined: ~1,700 CP/month = ₹425/month = ₹5,100/year in CashPoints.

₹50,000 per quarter (₹16,667/month) earns a ₹500 gift voucher - ₹2,000/year. Route daily purchases, subscriptions, dining, and utility bills through MoneyBack+ to hit the quarterly target. Use HDFC MyCards to track spend-to-date. If spend approaches ₹49,000 late in the quarter, make one additional purchase to cross ₹50,000.

Redeeming CashPoints against statement balance gives exactly ₹0.25/CP. SmartBuy flights and hotels allow redemption of up to 50% of booking value - at ₹0.25/CP, the effective value is the same but the travel redemption removes the ₹500 minimum requirement. SmartBuy also adds 5% additional cashback on flights and hotels (capped at 1,000 CP/month). Redeem larger CP balances via SmartBuy for trip bookings.

The 10% Dineout discount via Swiggy Dineout (coupon: HDFCCARDS) applies to 2,000+ restaurants. Pair with Good Food Trail (₹200 off on ₹2,000+ orders) for maximum dining savings. The 10X CashPoints on Swiggy simultaneously earns 2.5% on the same transaction. Three layers of dining value from one card.

The 2,500 CP/month 10X cap fills at ₹25,000/month on partner platforms. Once you hit that in any month, switch remaining Amazon, Flipkart, and Swiggy purchases to BOBCARD Cashback - which earns 5% on all online spends with no cap. Never waste above-cap spend on MoneyBack+ at 2 CP/₹200 (0.25%) when Cashback earns 5% on the same transaction.

MoneyBack Plus Credit Card Annual Fees

Joining Fee ₹500 + GST. Welcome: 500 CashPoints (₹125) + Amazon gift voucher (₹500) on ₹500 purchase within 14 days.
Annual Renewal Fee ₹500 + GST; waived on ₹50,000 preceding-year spend (₹4,167/month). 500 CashPoints on annual fee payment.
Forex Markup 2.5% on all international transactions

MoneyBack Plus Credit Card Eligibility & Documents

Age 21–60 years
Minimum annual income ₹20,000/month (₹2,40,000/year) - confirmed official HDFC Bank eligibility page
Documents required PAN card · Aadhaar / Passport / Voter ID / Driving Licence · Latest 3 months salary slips · Bank statement
Residency Indian Residents

Applying when ineligible creates a hard credit inquiry that may lower your CIBIL score. Verify your eligibility before applying.

How to Apply for MoneyBack Plus Credit Card

The application process is entirely online and takes about 5-7 minutes.

1

How to Apply for HDFC Bank MoneyBack Plus Credit Card - Online via hdfc.bank.in or via HDFC NetBanking (existing customers). Takes 5–10 minutes.

2

Visit HDFC Bank website - Go to hdfc.bank.in → Credit Cards → MoneyBack+ → Apply Now. Enter PAN, mobile number, and city.

3

Fill Application - Enter employment type, income, and contact details. HDFC uses your existing relationship data for pre-filled forms if you're an existing customer.

4

KYC + Verification - Complete Aadhaar-based KYC or video KYC. HDFC may call for additional verification. Decision within 24–72 hours.

5

Card Dispatch - Physical MoneyBack+ card dispatched in 7–10 working days. Activate via HDFC MyCards app or HDFC NetBanking.

*T&C Apply

Frequently Asked Questions

HDFC MoneyBack+ is an entry-level credit card offering 20 CashPoints per ₹200 (2.5% at ₹0.25/CP) on Amazon, Flipkart, Swiggy, BigBasket, and Reliance Smart SuperStore (cap 2,500 CP/month), and 2 CP/₹200 (0.25%) on all other eligible. Fee: ₹500/year waived at ₹50,000. Quarterly milestone: ₹500 voucher on ₹50,000. No lounge access. Earn unit changed from ₹150 to ₹200 effective May 15, 2026.
Effective May 15, 2026: the earn unit changed from ₹150 to ₹200 on MoneyBack+ and several other HDFC entry/mid-tier cards. This reduces CashPoints earned per rupee by approximately 25%. 10X partners now earn 20 CP/₹200 (was 20 CP/₹150). Base earn is now 2 CP/₹200 (was 2 CP/₹150). All rates on this page reflect the post-May 2026 structure.
Amazon.in, Flipkart, Swiggy (food delivery + Dineout), BigBasket, and Reliance Smart SuperStore. Earn 20 CashPoints per ₹200 on these 5 platforms. Monthly cap: 2,500 CashPoints across all 10X partners and 5X EMI combined (fills at ₹25,000/month combined spend). Above the cap: 2 CP/₹200 only.
₹500 gift voucher on spending ₹50,000 or more in a calendar quarter (₹16,667/month). Maximum 4 vouchers per year = ₹2,000 annual milestone value. Voucher credited within 7–10 working days of quarter-end. Track quarterly spend in the HDFC MyCards app.
No. HDFC Bank MoneyBack+ Credit Card does not provide domestic or international airport lounge access at any spend level. For lounge access within HDFC products, HDFC Millennia (₹1,000/year, 2 domestic + 8 international lounge visits) is the next step on the HDFC upgrade ladder.