Perks of HDFC MoneyBack Plus Credit Card

HDFC Bank offers a humongous range of credit cards to its customers. It covers categories like lifestyle, travel, entertainment, fuel, etc. You can definitely get a credit card that suits your profile under the credit card list of HDFC Bank. First thing first, you need to analyze your spending habit and financial health before applying for a credit card. One of the entry-level credit cards offered by the HDFC Bank that is ideal for shopping is the HDFC MoneyBack Plus credit card. We have listed below the HDFC MoneyBack Plus Credit Card benefits that you should know before applying for a credit card. 

1. Affordable joining and renewal fees: You can get this credit card at just Rs. 500 plus applicable taxes which is pretty much affordable and enjoy the credit card offers and benefits. Also, the renewal fee is also not that much. You only need to pay Rs. 500 plus applicable taxes for renewing your credit card to keep enjoying the credit card features and benefits. 

2. Welcome and card renewal benefits: You get to enjoy the welcome benefits of a bonus of 500 cash points on the payment of the membership fee. Not only this, every time you renew your card you get to earn 500 cashpoints. Sign-up bonuses are the way to get the maximum benefits on a credit card.

3. Accelerated reward points: On HDFC MoneyBack Plus Credit Card, you get to earn accelerated reward points on Amazon, Flipkart, Big Basket, Swiggy, EMI transactions, etc. whereas on other categories you earn 2 cash points on every Rs. 150 spent. You earn up to 10x cashpoints on EMI transactions and selected merchants. 

4. Spend-based waiver: Moreover, you can save the renewal fee also on this credit card. If you spend Rs. 50,000 in a year then the renewal fee will be waived off in the next year and you can keep enjoying the benefits of this credit card without having to worry about the payment of the renewal fee.

5. Easy reward redemption: This credit card allows you to easily redeem the accumulated cash points. You can redeem the cash points towards booking flights/hotel bookings pm Smartbuy, for purchasing products from the product catalog, for converting into Airmiles, etc. 1 cashpoint is equivalent to Re. 0.25 and for the conversion purpose, 1 cashpoint is equivalent to 0.25 Airmiles. 

6. Milestone benefits: Among other perks of HDFC MoneyBack Plus Credit Card, you also get to enjoy the milestone benefits on this credit card. On spending Rs. 50,000 or more in a calendar quarter you get a gift voucher worth Rs. 500. To maximise the benefits of this credit card you can avail of this benefit. 

Bottom Line

To conclude, the Credit Cards by HDFC Bank are highly rewarding as it meets all the requirements of its customers. By now, you must be aware of the HDFC MoneyBack Plus Credit Card perks. This credit card is worth consideration. One thing that you must always keep in your mind is using a credit card wisely is the key to gaining the maximum benefits from it. You need to keep your credit card dues clear in full always and maintain a low credit utilization ratio. Being responsible with credit cards is the way to keep a good standing account.

Share your experience with the HDFC MoneyBack Plus Credit Card in the comment section.