MoneyBack Credit Card

औसत रेटिंग है 3 5 में से

MyRupaya Ratings

उत्पाद विवरण

क्रेडिट कार्ड का नाम

Bank Name :

HDFC Bank

प्रकार

Lifestyle Credit Card

ब्याज दर

3.6% per month (43.2% per annum)

पात्रता

For Salaried Indian national
Age: Min 21 yrs & Max 60 Yrs,
Gross Monthly Income> ₹25,000

For Self Employed Indian national
Age: Min 21 yrs & Max 65 Yrs,
Income: ITR > ₹6.0 Lakhs per annum

पेशेवरों

Welcome Benefit: Users will receive 500 cash points on payment of membership fee.
Reward System: Users will get 2 reward points for every Rs 150 spent. 2X reward points i.e. 4 reward points for every Rs. 150 spent online. 1 reward point = ₹0.20. Effective cashback rate 0.4%. Online cashback rate: 0.8%.
Milestone Benefit: Every quarter, users can get a gift voucher worth Rs. 500 on spends of Rs 50,000. Up to Rs. 2,000 worth of gift vouchers in a year.
Revolving credit facility available.
Exclusive dining privileges are available like Up to 20 % savings on all restaurant bill payments via Swiggy Dineout (20k + restaurants).
Fuel Surcharge waiver benefit available.

दोष

Lower cashback rate:

Compared to other cashback cards in the market, the cashback rate offered by HDFC MoneyBack is relatively lower.
Fuel transactions are not eligible for earning rewards, which can be a significant drawback for frequent fuel users.

Limited rewards redemption options:

While the card offers cashback as a redemption option, it lacks flexibility in terms of other reward options.
Some users might prefer cards with more diverse reward redemption options, such as travel miles or gift cards to specific retailers.

पक्ष विपक्ष

Welcome Benefits

Users will receive 500 cash points on payment of membership fees.

पुरस्कार प्रणाली

Users will get 2 reward points for every Rs 150 spent. 2X reward points i.e. 4 reward points for every Rs. 150 spent online. 1 reward point = ₹0.20. Effective cashback rate 0.4%. Online cashback rate: 0.8%.

अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप

3.5%

स्वागत लाभ और पुरस्कार प्रणाली

विशेष लक्षण

Every quarter, get a gift voucher worth Rs. 500 on spends of Rs 50,000.
Earn up to Rs. 2,000 worth gift vouchers in a year.

Eligibility Criteria

For Salaried Indian national
Age: Min 21 yrs & Max 60 Yrs,
Gross Monthly Income> ₹25,000

For Self Employed Indian national
Age: Min 21 yrs & Max 65 Yrs,
Income: ITR > ₹6.0 Lakhs per annum

फ़ायदे

No annual fee.
Welcome benefits.
Milestone benefits.

विशेष विशेषता, पात्रता और लाभ

क्रेडिट कार्ड के लिए आवेदन कैसे करें?

Go to the HDFC Bank website and click on the "Credit Cards" tab.
Click on the "MoneyBack Credit Card" link.
Click on the "Apply Now" button.
Fill out the application form and submit it.
Here are the documents that you need to submit along with your application form:
Proof of identity (e.g., passport, driving license, PAN card) Proof of address (e.g., bank statement, utility bill) Proof of income (e.g., salary slip, tax return)
The processing time for the application is usually 7-10 working days.
Once your application is approved, you will receive the card in the mail within 15-20 working days.

सम्पर्क करने का विवरण

1800 202 6161 or 1860 267 6161,
send an SMS to 730 8080 808,
or even use WhatsApp to send a message to 707 0022 222.

खाता खोलने की प्रक्रिया और प्रक्रिया

विशेष विशेषता, पात्रता और लाभ

Pros:-

Change the text to include your own content. Adjust the font, size or scale to customize the style.

Cons:-

Welcome Benefit: Users will receive 500 cash points on payment of membership fee.
Reward System: Users will get 2 reward points for every Rs 150 spent. 2X reward points i.e. 4 reward points for every Rs. 150 spent online. 1 reward point = ₹0.20. Effective cashback rate 0.4%. Online cashback rate: 0.8%.
Milestone Benefit: Every quarter, users can get a gift voucher worth Rs. 500 on spends of Rs 50,000. Up to Rs. 2,000 worth of gift vouchers in a year.
Revolving credit facility available.
Exclusive dining privileges are available like Up to 20 % savings on all restaurant bill payments via Swiggy Dineout (20k + restaurants).
Fuel Surcharge waiver benefit available.

Lower cashback rate:

Compared to other cashback cards in the market, the cashback rate offered by HDFC MoneyBack is relatively lower.
Fuel transactions are not eligible for earning rewards, which can be a significant drawback for frequent fuel users.

Limited rewards redemption options:

While the card offers cashback as a redemption option, it lacks flexibility in terms of other reward options.
Some users might prefer cards with more diverse reward redemption options, such as travel miles or gift cards to specific retailers.

If you are new to credit and want to get started, you can apply for this credit card. In comparison to the annual cost, the perks provided by this credit card are fairly excellent.

HDFC Bank MoneyBack Credit Card

Abhijeet Saxena

Nalsar University of Law

Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi

Ex - Khaitan & Co. Bengaluru,

Ex - National Stock Exchange, Mumbai,

Ex - Argus Partners, Mumbai

उत्पाद समीक्षा

फीस एवं प्रभार

Joining/Renewal Membership Fee – Rs. 500/- + Applicable Taxes.
Cash advance fee: 2.5%, with a minimum of ₹ 500.
Interest Rates: 3.60% p.m. 43.20% p.a.
Late Payment Charges: Less than ₹100 = Nil ₹100 to ₹500 = ₹100/- ₹501 to ₹5,000 = ₹500/- ₹5,001 to ₹10,000 = ₹600/- ₹10,001 to ₹25,000 = ₹800/- ₹25,001 to ₹50,000 = ₹1100/- More than ₹50,000 = ₹1300/-
Foreign Currency Transactions Fees: 3.5%.
Reward Redemption Fees: Rs. 99/-

ईंधन अधिशुक्ल

1% Fuel Surcharge waiver on fuel transactions (Minimum transaction of ₹400, Maximum transaction of ₹5,000 & Maximum waiver of ₹250 per statement cycle)

Billing Cycle

30 Days