M16S / HDFC Bank / HDFC MoneyBack+ Credit Card
entry · rewards, shopping
HDFC MoneyBack+ Credit Card
The HDFC MoneyBack+ Credit Card costs Rs 500 a year, waived if you spend Rs 50,000 in a year. Its base return is 0.25% (2 CashPoints per Rs 200 on other spends). Accelerated earn: 10X CashPoints (up to 2.5% value back) on Amazon, Flipkart, Swiggy, Reliance Smart SuperStore and BigBasket. The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 12 Oct 2026.
- Annual fee
- Rs 500+ GST
- Fee waived at
- Rs 50,000annual spend
- Base return
- 0.25%
- Forex markup
- 3.5%
- Interest
- 3.75%a month
What changed on this card
- HDFC Bank MoneyBack and Freedom move reward accrual to Rs 200, May 2026
From 15 May 2026 Reward Points accrue on spends in multiples of Rs 200 instead of Rs 150. The base rate is 2 points per Rs 200 on Moneyback and Money Back Plus and 1 point per Rs 200 on Freedom. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank MoneyBack and Freedom set card re-issue fee at Rs 199, May 2026
From 15 May 2026 the re-issuance fee for a lost, stolen or damaged card is Rs 199 for non-metal variants and Rs 3,500 for metal variants. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank adds 1.75% markup on INR spends at overseas merchants, May 2026
From 15 May 2026, a markup fee of 1.75% applies on all transactions in Indian currency at an international location, or at merchants located in India but registered overseas. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank MoneyBack+ sets cashback redemption value at 20 paise a point, Nov 2025
From 1 Nov 2025 the value of cashback redemption against the statement balance is 20 paise per point for Money Back Plus. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank adds 1% fee on wallet loads and gaming above Rs 10,000, Jul 2025
A 1% fee applies on wallet loading (excluding PayZapp) and on online skill-based gaming spends above Rs 10,000 in a calendar month. Each fee is capped at Rs 4,999 per month. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank stops rewards on online skill-based gaming from Jul 2025
Online skill-based gaming transactions no longer earn Reward Points or CashPoints on any HDFC Bank credit card from 1 July 2025. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank caps insurance reward points per month from Jul 2025
Reward Points on insurance transactions are capped at 10,000 a month for Infinia and Infinia (Metal Edition), 5,000 a month for Diners Black Metal Edition and Diners Black, and 2,000 a month for all other credit cards. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank caps utility and telecom Reward Points at 2,000 a month, Sep 2024
From 1 Sep 2024 Reward Points earned on utility transactions are capped at 2,000 per calendar month, and Reward Points earned on telecom transactions are capped at 2,000 per calendar month. Millennia, UPI, Swiggy, Paytm and a few other cards keep their own product feature caps. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank MoneyBack+ stops rewards on wallet loads and Easy EMI, Sep 2024
From 1 Sep 2024 wallet loading and Easy EMI transactions earn no Reward Points on MoneyBack+. Education payments through third party apps also earn none. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank stops rewards on education paid via third party apps, Sep 2024
From 1 Sep 2024 education payments made through third party apps such as CRED, Cheq and MobiKwik earn no Reward Points, and points already earned there are reversed. Payments made directly to schools and colleges are not covered by this line. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
- HDFC Bank MoneyBack+ adds rent, fuel, utility, education fees, Aug 2024
From 1 Aug 2024 a 1% fee applies to rent paid through apps, to fuel above Rs 15,000 per transaction, to utilities above Rs 50,000 per transaction and to education paid through third party apps, each capped at Rs 3,000 per transaction. Easy-EMI processing fee is up to Rs 299 and redeeming CashPoints as statement credit costs Rs 50. Source: HDFC Bank, hdfc.bank.in, read 28 Oct 2026
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Rs 500 |
|---|---|
| Annual fee | Rs 500 |
| Annual spend that waives the fee | Rs 50,000 |
| Fee notes | Joining/renewal Rs 500 + taxes. Renewal fee waived on Rs 50,000 spend in the year before renewal (product page). |
Rewards
| Welcome benefit | 500 Reward Points on paying the joining membership fee |
|---|---|
| Reward currency | CashPoints |
| Base earn | 2 CashPoints per Rs 200 on other spends |
| Base return | 0.25% |
| Point value | 1 CashPoint = up to Rs 0.25 product catalogue; up to Rs 0.25 SmartBuy flights/hotels; Rs 0.20 cashback; 0.25 airmile |
| Accelerated earn | 10X CashPoints (up to 2.5% value back) on Amazon, Flipkart, Swiggy, Reliance Smart SuperStore and BigBasket |
| Capsunverified | Accrual (earlier data, not on product page): 10X bonus capped at 2,500 CashPoints/month; UPI 500/month; grocery 1,000/month; max 15,000 per statement cycle (MITC). Redemption (product page): 3,000 CashPoints per month; flights/hotels 50,000 CashPoints per month and 50% of booking value; up to 70% on select products/vouchers |
| Spends that earn nothing | No points on rent, government spends, wallet loads, EasyEMI/SmartEMI, online skill gaming, education via third-party apps (MITC); fuel; gift/prepaid cards and vouchers |
| Points expiry | 2 years from accumulation |
| Milestone benefits | Rs 500 gift voucher on Rs 50,000 spend per calendar quarter |
| Reward notes | Redemption fee Rs 99 + GST (MITC). A balance equal to Rs 500 of CashPoints is needed to redeem against the statement (product page). base_return_pct = 2 CP per Rs 200 x Rs 0.25 = 0.25%; both figures from the product page. As cashback it is 0.20%. |
Travel and perks
| Domestic lounge | None |
|---|---|
| International lounge | None |
| Forex markupunverified | 3.5% |
| Fuel surcharge waiver | 1% on txns Rs 400-5,000, cap Rs 250 per statement cycle |
| Other freebies | Extra 10% Swiggy Dineout discount with coupon HDFCCARDS |
Charges and eligibility
| Interest per month | 3.75% |
|---|---|
| Late payment fee | On outstanding balance: up to Rs 100 nil; 101-500 Rs 100; 501-1,000 Rs 500; 1,001-5,000 Rs 600; 5,001-10,000 Rs 750; 10,001-25,000 Rs 900; 25,001-50,000 Rs 1,100; above 50,000 Rs 1,300 (MITC) |
| Cash advance fee | 2.5% of amount, min Rs 500 |
| Eligibility | Salaried: age 21-60, net monthly income above Rs 20,000. Self-employed: age 21-65, ITR above Rs 6 lakh a year |
| Fine-print notes | Base rate is 0.25% at best; the card only pays on the five 10X merchants. Statement-credit value is Rs 0.20 per point. Product page read 2026-10-12; forex markup and accrual caps are not on it. Bank-wide charges per MITC: 1% fee on rent payments (cap Rs 4,999/txn); 1% on utility spends above Rs 50,000/month (Rs 75,000 on business cards); 1% on wallet loads above Rs 10,000/month (PayZapp exempt); 1% on fuel spends above Rs 15,000/month (Rs 30,000 business); 1% on online skill gaming above Rs 10,000/month; 1% on education paid via third-party apps; 1% + GST on railway tickets; 1.75% markup on INR transactions at overseas merchants from 15 May 2026. Points lapse if the card is unused for 365 days. |
Questions
- What is the annual fee of the HDFC MoneyBack+ Credit Card?
- Rs 500 a year, before GST. It is waived if you spend Rs 50,000 in a year.
- Does the HDFC MoneyBack+ Credit Card give airport lounge access?
- No lounge access is listed for this card.
- What is the forex markup on the HDFC MoneyBack+ Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the HDFC MoneyBack+ Credit Card?
- No points on rent, government spends, wallet loads, EasyEMI/SmartEMI, online skill gaming, education via third-party apps (MITC); fuel; gift/prepaid cards and vouchers