HDFC Bank MoneyBack Plus Credit Card

Disclaimer: The above example is for illustration purposes only. Actual rewards may vary based on spending categories and bank policies.

On other spends, such as utility bills, you earn 2 CashPoints per ₹200 spent. Each CashPoint is worth ₹0.20 when redeemed as statement cashback, meaning 5 CashPoints = ₹1.

Redemption Process

You can redeem your CashPoints in three ways, and they are not worth the same amount. Log in to your HDFC Bank credit card account to redeem.

• Statement cashback – ₹0.20 per CashPoint, credited as a reduction in your statement balance. A minimum balance of ₹500 is required, and redemption is capped at 50,000 CashPoints a calendar month

• Flight and hotel bookings via SmartBuy – capped at 50,000 CashPoints a calendar month, and limited to 50% of the booking value, with the balance paid on your credit card

• Products and vouchers from the rewards catalogue – up to 70% of the value of selected items can be paid in CashPoints, with the balance paid on your card

A processing fee of ₹99 plus GST applies to each rewards catalogue redemption request, and ₹50 plus GST to each cashback redemption request.

Expiry of CashPoints

All CashPoints earned on your HDFC Bank MoneyBack Plus Credit Card remain valid for two years (24 months) from the date of accrual. Ensure you redeem them before expiry to avoid losing value.

Milestone and Welcome Benefits

• Get 500 CashPoints as a welcome bonus on paying the joining fee

• Spend ₹50,000 or more in a calendar quarter to receive a ₹500 gift voucher, earning up to ₹2,000 annually in milestone rewards
   

The MoneyBack Plus Credit Card Rewards Programme is designed for smart spenders who want everyday purchases to earn valuable rewards. Whether you shop online or buy essentials, every transaction helps you save more while building a healthy credit record.

Once a category cap is reached, further spending in that category earns no additional CashPoints until the next calendar month. The overall cap of 15,000 per statement cycle applies on top, so reaching it stops earning across every category at once.

In practice: the grocery cap binds earliest. At 10X on BigBasket and Reliance Smart SuperStore, ₹10,000 of monthly grocery spend reaches 1,000 CashPoints, and anything above that earns nothing in that category for the rest of the month.

What Does Not Earn CashPoints

Not every transaction on the card earns CashPoints. The following categories earn nothing:

• Rent payments

• Government transactions

• E-wallet loading

• EasyEMI transactions

• Online skill-based gaming

CashPoints already earned on a purchase are also reversed if that purchase is later converted to Smart EMI.

One More Condition - if the card is not used for more than 365 days, all accumulated CashPoints are nullified.

Note: A GST of 18% is applicable on all the above charges.

Disclaimer: These fees and charges are also subject to change at the discretion of the issuer. Before applying, check the issuer’s Most Important Terms and Conditions (MITC) document to verify.

Here is the general list of documents you must submit when applying for the MoneyBack Plus Credit Card for a smooth approval process:

• A valid PAN card and Aadhaar card as identity proof

• A recent passport-size colour photograph for verification

• Address proof such as a utility bill (electricity, water, or phone) or a ration card

• For salaried individuals, salary slips from the past two to three months and Form 16 as proof of income

• For self-employed individuals, Income Tax Returns (ITR) and bank statements showing regular income

• Ensure all documents are clear, up-to-date, and valid to avoid delays during the application process