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| Monthly Spend | ₹5K | ₹10K | ₹20K | ₹50K | ₹100K |
|---|---|---|---|---|---|
| Net Reward Yield | 0.4% | 0.4% | 0.8% | 0.6% | 0.8% |
| Est. Monthly Reward (₹) | 15 | 35 | 160 | 275 | 800 |
| All-India Rewards Rank* | 107 | 162 | 102 | 213 | 161 |
| Within Bank Rank* | 18 | 25 | 19 | 34 | 27 |
| * Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here. | |||||
The MoneyBack Credit Card gives 0.53% effective reward on all online spending and 0.27% on all other retail spending except fuel transaction, wallets loads/prepaid card loads & voucher purchases.
Overall, including the value of milestone rewards, we estimate you can earn a net reward yield of 0.4-0.8% on all your spending with this card, which is quite low.
Consider the Millennia Credit Card from if you spend less than ₹50,000 a month on your card.
It offers a net reward yield of 2.3-2.7% on spending up to ₹50,000, which is the highest net reward yield of any card from HDFC Bank in this range.
If you spend less than ₹10,000 a month on your card, also consider the Bharat Credit Card with a net reward yield of 1.9-2.4%.
If you spend more than ₹50,000 a month on your credit card, we recommend the 6E Rewards XL – Indigo HDFC Bank Credit Card. We estimate it offers a net reward yield of 2.0-2.2% for high spenders.
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
| Card | MoneyBack Credit Card |
|---|---|
| Card Type | Reward |
| Reward Features | 4 Reward Point / ₹150 on all online spends
2 Reward Point / ₹150 on all other spends expect fuel transaction, wallets loads/prepaid card loads & voucher purchases |
| Milestone Rewards | ₹500 vouchers on minimum ₹50,000 / calendar quarter |
| Other Rewards | 15% off on partner restaurants via Dineout |
| Rewards Redemption Fee | ₹99 |
| Reward Caps | – 1000 Reward Points on Grocery transactions
– 500 Reward Point on Online spends |
| Preferred Redemption Method | Cashback against statement balance @ ₹0.20 / reward point |
| Card | MoneyBack Credit Card | |
|---|---|---|
| Joining Fee | ₹500 + Taxes | |
| Annual Fee | ₹500 + Taxes | |
| Min. Annual Credit Card Spend for Fee Waiver |
₹50,000 | |
| Income Criteria | Salaried | ₹25,000 |
| Self-employed | ITR>₹6 Lacs | |
| Supplementary Card Fee | Free | |
| Interest Rate | 43.20% | |
| Foreign Currency Markup | 3.50% | |
| Cash Advance Charge | 2.50% with a minimum of ₹500 | |
Questions? Suggestions? See a mistake? Write to us!
Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.
2 Free Movie / Stream / Play / Events / Sports / Activities tickets up to ₹250 each and ₹100 off on F&B Spends on BookMyShow tickets.
8 reward points / ₹400 on bill payments & education and 1 point on all other spends. Fuel surcharge waiver of up to ₹100 per month.
