HDFC Moneyback Credit Card

Following are the HDFC MoneyBack credit card charges:

• Joining fee: Rs. 500 + applicable taxes.
• Annual fee: Rs. 500 + applicable taxes. Spend minimum Rs. 50,000 in a year to get the next year’s annual membership waived off.
• Charges on revolving credit: 3.49% per month (41.88% annually).
• Cost per Point (in Rs.): Up to 0.25 for Product Catalogue, 0.2 for SmartBuy (Flights/Hotels) with 50% capping, 0.2 for Cashback, and 0.25 for Airmiles.
• Auto EMI conversion charges: 20% HDFC MoneyBack credit card interest rate and processing fee of Rs. 99.
• Cash advance charge: 2.5% of the amount withdrawn or Rs. 500, whichever is higher.
• Late payment charges: Up to Rs. 1,300.
• Charges on overlimit account: 2.5% of overlimit amount, minimum Rs. 500.
• Payment return charges: 2%, minimum Rs. 450.
• Rewards redemption fee: Rs. 99 per redemption request.
• Cash processing fee: Rs. 100.
• Balance transfer processing charges: 1% of the balance transfer amount or Rs. 250, whichever is higher.
• Foreign currency transactions: 3.5%
• Duplicate physical statement charge: Rs. 10 per duplicate physical statement.
• Railway ticket purchase charge: 1% of the transaction amount + GST.
• Reissuance of lost/stolen/damaged card: Rs. 100.
• Outstation cheque processing charges: Rs. 25 for cheque value up to Rs. 5,000 and Rs. 50 for cheque value above Rs. 5,000.
• Goods and Services Tax (GST): GST will be charged wherever applicable.
• TDS on withdrawals above Rs. 1 Crore: 2% on total cash withdrawals above Rs. 1 Crore.

Following are the eligibility criteria for HDFC MoneyBack Credit Card:

Eligibility for Salaried:

• The applicant must be an Indian citizen.
• The age of the applicant should be at least 21 years and maximum up to 60 years.
• Gross monthly income of the applicant should be above Rs. 25,000.

Eligibility for Self-employed:

• The applicant must be an Indian citizen.
• The age of the applicant should be at least 21 years and maximum up to 65 years.
• Annual income of the applicant as per the latest ITR should be above Rs. 6 Lakhs.

If you want HDFC MoneyBack Credit Card apply online with the following documents:

• Address Proof (any of the following):
  • Aadhaar Card
  • Ration Card
  • Passport
  • Voter ID
• Identity Proof (any of the following):
  • Aadhaar Card
  • Driving License
  • Passport
• Income Proof:
  • Salary Slips
  • Form 16
  • Income Tax Returns

If you want to avail of the HDFC Business MoneyBack credit card benefits, apply for the card online through our website by following the steps mentioned below:

• Click on the ‘Credit Cards’ on the homepage of our website.
• From the dropdown menu, choose ‘HDFC’ and then click on the ‘Apply Now’ button.
• Enter all the required details including your name, mobile number, email address, employment information, income details, and so on.
• Verify your mobile number with an OTP.
• You will get a call from our credit cards expert soon to help you complete the credit card application process.