CardAgent
Verified by CardAgent admin · last checked 08 Jul 2026
HDFC Bank

MoneyBack+ Credit Card

31
Ranked #82 of 170 in credit
creditVisaPlatinum

HDFC's upgraded entry-level cashback card (successor to the discontinued MoneyBack), offering 10X points on major online/grocery brands at a very low fee, ideal for first-time cardholders.

Score breakdown

Data completeness: 100% · Last verified: 09 Jul 2026

Reward value17/100 · weight 71%
≈ 0.81% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +1.7% score bonus — earns broadly without narrow category restrictions.
Fee efficiency95/100 · weight 12%
Redemption flexibility75/100 · weight 9%
Perks14/100 · weight 9%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee
₹500 + 18% GST
= ₹590 total
Annual fee
₹500 + 18% GST
= ₹590 / year total
Waiver: Renewal fee waived on annual spend of Rs 50,000; sometimes issued lifetime-free via bank promotions
Forex markup
3.5%

Lounge access

Domestic (per year)
0
International (per year)
0

Reward structure

CategoryTypeRateCapNotes
online_groceriespoints3.33%(13.333 pts @ ₹0.25)₹625 / monthly10X CashPoints on BigBasket (non-EMI). Shared 2,500 CP/month cap with other 10X partners.
groceries_offlinepoints3.33%(13.333 pts @ ₹0.25)₹625 / monthly10X CashPoints on Reliance Smart SuperStore (non-EMI). Shared 2,500 CP/month cap with other 10X partners.
online_shoppingpoints0.63%(2.5 pts @ ₹0.25)—10X (20 pts/Rs 200) on Amazon, Flipkart, BigBasket, Reliance Smart SuperStore
food_deliverypoints0.63%(2.5 pts @ ₹0.25)—10X on Swiggy
all_spendspoints0.25%(1 pts @ ₹0.25)—2 pts/Rs 200 base rate other spends
fuelpoints0.00%(0 pts @ ₹0.00)—Fuel spends earn no CashPoints; only the 1% surcharge waiver (₹250/statement cap) applies.
rentpoints0.00%(0 pts @ ₹0.00)—Rent payments earn no rewards.
governmentpoints0.00%(0 pts @ ₹0.00)—Government transactions earn no rewards.
wallet_loadpoints0.00%(0 pts @ ₹0.00)—Wallet loads / gift card / prepaid loads earn no rewards.

No rewards on

These categories earn zero rewards on this card. Reward score is scaled down by up to −5%, proportional to how much of the standard basket sits in the excluded categories (v4.3 formula).

EMI transactionsFuel purchasesRent paymentsGovernment transactionsWallet loadsGift card / prepaid card / voucher loadsAccelerated 10X rewards apply only on listed partner merchants and are subject to monthly caps

Welcome offer

500 CashPoints on joining fee payment (also awarded annually on renewal)

Milestone benefits

Pros

  • 10X CashPoints (~2.5% value-back) on Amazon, Flipkart, Swiggy, Reliance Smart SuperStore, BigBasket
  • low fee, easy Rs 50K waiver
  • Rs 200 dining discount via Swiggy Dineout
  • decent milestone vouchers up to Rs 2,000/year

Cons

  • Low base rate outside partner brands (2 CashPoints/Rs 200, ~1%)
  • no lounge access
  • low per-point redemption value (Re 0.20-0.25)
  • no rewards on fuel, wallet reloads, prepaid card reloads, voucher purchases

What's inside

More benefits

  • Quarterly milestone voucher

    ₹500

    ₹500 gift voucher on ₹50,000 spends per calendar quarter.

    Cap ₹500 / quarterly.

  • Swiggy Dineout discount

    10% extra discount on Swiggy Dineout on eligible offers.

    monthly.

  • Zero Lost Card Liability

    Zero liability on lost card upon reporting.

  • Fuel surcharge waiver

    1% waiver on eligible fuel transactions

    Cap ₹3,000 / yearly. Standard range

Insurance cover

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Eligibility

text
Age 21-60 (65 self-employed); salaried min income Rs 20,000/month, self-employed ITR > Rs 6 lakh/annum

Small print

Fuel surcharge:1% fuel surcharge waiver on Rs 400-Rs 5,000 transactions, capped Rs 250/statement cycle