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HDFC Bank
HDFC MoneyBack+
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🇮🇳 India · HDFC Bank

HDFC MoneyBack+

Entry-level cashback with very low waiver bar.

4.1 / 5
Joining fee
₹500
Annual fee
₹500
Top reward
5%
Min income
₹240,000

External link to HDFC Bank’s own application page.

The HDFC MoneyBack+ costs ₹500 a year, waived at ₹50,000 annual spend. It earns 5% on shopping and 2% on everything else. Forex markup is 3.5%. These figures are from our catalog and have not yet been re-verified against the issuer.

5-year value calculator

How much HDFC MoneyBack+ actually pays you over time, net of annual fees.

50,000

Includes 40% in this card's boost category, 60% general spend.

Annual rewards19,200
Annual fee0 (waived ✓)
Cumulative net value
+96,000
over 5 years
Year 1
19,200
+19,200/yr
Year 2
38,400
+19,200/yr
Year 3
57,600
+19,200/yr
Year 4
76,800
+19,200/yr
Year 5
96,000
+19,200/yr
Year 1 (with bonus)
19,200
Year 2+ (steady state)
19,200/yr

Estimates use the card's published rates and a 40/60 boost-vs-general split. Real returns vary with how tightly your spend matches each card's boost categories.

What does the HDFC MoneyBack+ earn?

What you earn back, by category.

shopping
5%
📈
Everything else
2%
📈
🎁
Welcome bonus

500 CashPoints on first transaction

What do you get with the HDFC MoneyBack+?

  • 5% on Amazon, Flipkart, Big Basket, Reliance Smart Bazaar (capped ₹1K/month)
  • 2% on EMI transactions
  • 1 fuel surcharge waiver
  • Quarterly milestone vouchers

Who qualifies for the HDFC MoneyBack+?

These are guidelines, not hard cutoffs. Banks frequently approve below the listed income if your credit is healthy.

Min annual income
₹240,000
Min credit score
720+
Self-employed
Eligible

HDFC MoneyBack+ FAQ

What is the HDFC MoneyBack+ annual fee?

The annual fee is ₹500. It is waived if you spend ₹50,000 in a year.

What does the HDFC MoneyBack+ earn?

It earns 5% on shopping and 2% on everything else.

What is the HDFC MoneyBack+ forex markup?

The HDFC MoneyBack+ charges 3.5% forex markup on foreign-currency spends.

What income do you need for the HDFC MoneyBack+?

The stated minimum income is ₹2,40,000 a year. Banks treat this as a guideline, not a hard cutoff.

What is the HDFC MoneyBack+ welcome bonus?

500 CashPoints on first transaction.

Are these HDFC MoneyBack+ figures verified?

These figures are from our catalog and have not yet been re-verified against the issuer.