If you apply for the HDFC MoneyBack Credit Card through BankBazaar, you can enjoy –
Welcome gift: Apply for the MoneyBack credit card and earn 500 reward points as joining bonus. If you renew your card, you will get 500 more reward points.
Reward points program
Milestone rewards: Spend Rs.50,000 or more on retail purchases in a quarter and get an e-voucher worth Rs.500. The voucher has a validity of 60 days.
Special benefits: By conducting a minimum of 4 transactions every month, you will get:
Save on fuel purchases: With the fuel surcharge waiver facility, you can save up to Rs.1,800 every year on your fuel purchases at stations across India. Offer valid on minimum transaction value of Rs.400.
Zero liability on lost card: After reporting the loss of your credit card, you have zero liability on any fraudulent transactions made using your card.
|Type of fee/charge||Amount|
|Interest rate||3.49% per month|
|Cash withdrawal fee||2.5% of the withdrawn amount (Minimum Rs.500)|
|Cash advance limit||40% of the credit limit|
|Rewards redemption fee||Rs.99 per request|
|Late payment charges||
|Over limit charges||2.5% of the over-limit amount (minimum Rs.500)|
|Payment return charges||2% of payment amount (minimum Rs.450)|
|Cash processing fee||Rs.100|
|Reissue of lost, stolen or damaged card||Rs.100|
|Foreign currency transaction fee||3.5%|
|Outstation cheque processing charge||Cheque value of up to Rs.5,000 – Rs.25 Cheque value of more than Rs.5,000 – Rs.50|
The exact documentation to apply for the MoneyBack credit card is not available on the official website.
Listed below are the basic documents required to process any credit card application.
You can apply for HDFC MoneyBack Credit Card directly from HDFC official website.
Alternatively, you can also apply on BankBazaar, from the same page you’re on, to enjoy the exclusive partner offers.
Follow the steps to apply now –
On successful submission of required documents and details, you will receive an acknowledgement message carrying the application ID. You can use the same to track your credit card application status in the later stage.
HDFC MoneyBack Credit Card does not come with a pre-set limit. The limit varies for each applicant and is allotted based on his/her income range and credit score.However, the maximum credit limit you can expect on the MoneyBack Credit Card is Rs.1.5 to Rs.2 lakh while the minimum would be Rs.25,000. Once you apply and receive the card, the bank will communicate the credit limit at the time of card disbursal
Yes, you can simply, link your HDFC MoneyBack Credit Card to your PayZapp account to access your card. Once the card is linked, you can either add money to the PayZapp account or directly make the payments by selecting the MoneyBack Credit Card at the time of payment. None of the above-mentioned transactions are chargeable.
As the MoneyBack card belongs to the cash back category, the card provides decent money back offers for the price. However, some of the drawbacks of the card include less number of regular reward points as well as accelerated reward points, the requirement of a high number of points for redemption, no lifestyle benefits such as travel, dining, etc.
Reward points on the MoneyBack credit card can be redeemed as cash, gifts and air miles. If you wish to redeem them for cash, you need to have a minimum of 2,500 points. Once you earn them, you can select 'cash' as your redemption option and your card outstanding will be adjusted with the equivalent cash benefit. Every 100 points would give you Rs.20.
Yes, you can apply for a supplementary card for your immediate family members older than 18 years. The add-on card is free for lifetime and carries all the benefits of the primary card.
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