HDFC Business Moneyback Credit Card Review –As per its name, it mainly focuses on business owners. it is a Business & Personal usage-focused Credit Card By HDFC Bank. it offers both benefits of Cash Back & Reward points. it could be a super saving card for you. it is quite popular from this offers 5% Each Month Cash back on Business Essential purchases, such as telephone & internet bills, Government & Tax Payments, and electricity bills.
Furthermore, you will get all additional HDFC Bank Benefits. For instance, Contactless Payment, Zero Lost card liability, Revolving Credit, And HDFC SmartPay App Discounts.
through this Article, we are going to share with you HDFC Business Moneyback Credit Card Review. what are the benefits, offers, HDFC Business Moneyback Credit Card limit, features, and annual charges or additional fees?
The benefits And Review of HDFC Business Moneyback Credit Card
Table of Content
- The benefits And Review of HDFC Business Moneyback Credit Card
- HDFC Business Moneyback Credit Card Highlight Factors
- What Are The HDFC Business Moneyback Credit Card Offers And Benefits
- Discounts And Cashback
- Short List of Card Features
- How to Use Reward Points Redemption
- What Are Card Charges and Fees
- What Are the Eligibility Criteria For Business Moneyback Credit Card HDFC?
- FAQ
- More Credit Card Review Below –
- In Conclusion
HDFC Business Moneyback Credit Card Highlight Factors
| Points | Description |
|---|---|
| Card Type | Entry Level MoneyBack Card |
| Best Suitable | Business, Personal, HDFC Current Account Holder |
| Card Benefits & Features | – Total 50 days interest-free Credit Period – 5X Reward Points on Petrol & Fuel Purchasing – Earn up to 2X Reward Points on Online Purchasing (Up to ₹150 for each purchase) – 2 Reward Points on Other Shopping |
| Rewards Points | 4 Reward Points on Each ₹150 spent online & 2 Reward Points on other offline purchases |
| Milestone | On Shopping up to 1.8 lakhs in the anniversary year, you can earn 2,500 Bonus Reward Points as a milestone |
| Renewal Offer | if you use your card for purchases up to ₹50,000 in the previous year. as Renewal Offer, your Renewal fee will be waived off. |
What Are The HDFC Business Moneyback Credit Card Offers And Benefits
The business Moneyback Credit Card by HDFC is an awesome card for businessmen and self-employed. This card comes with the benefit of Up to 50 days interest-free credit period. moreover, on Online Shopping, you can earn upto 2X Reward Points on shopping for Per ₹150.
in simple words, you will get 4 reward points for Online E-Commerce purchasing. For Business Owner Benefits, it provides Pre-approved Quick loans and a Cash withdrawal facility. you will get upto 5% Monthly Cashback on Business related bill payments, such as telephone & internet bills, electricity bills, and Government & Tax Payments.
You will get all of these benefits and offers for just a renewal charge of ₹500. moreover, it has the additional benefit of waiving renewal fees. all you need to do is, you have to purchase upto ₹50,000 in the previous year to get the facility of no renewal fees on the card.
Discounts And Cashback
Short List of Card Features
How to Use Reward Points Redemption
You can redeem your Reward Points into cashback, and Airmiles, and Convert your points into Products and Online Vouchers. You have to log in to your savings account and tap on the cards option and select the Reward redemption feature. Now, a new window pop-up will open, and you can prefer your option and convert your earned reward points into air miles, Cash and Products. Below, we mention all the conversion values of your earn reward points –
- 1RP = 0.25 air-mile (Airmiles conversion)
- 1 RP = upto Rs 0.25 (Products and Vouchers)
- 1 RP = Rs 0.20 (Redeem as cashback)
As per HDFC Official Bank Website, your earned Reward Points will be Expired in the last 2 years.
What Are Card Charges and Fees
| List of Charges | Overview |
|---|---|
| Welcome Benefits | For Select HDFC Users, Bank offers 1 Year Zero Annual Fees Benefits. and 5% Monthly Cashback on business-related bill payments |
| Annual Fees on The Card | – ₹500 Per Year And Additional GST Taxes -On Anniversary Year Shopping up to ₹50000, The annual charges will be waived off |
| Joining Charges | ₹500 Per Year And Taxes |
| Finance Fees(Interest) | 43.2% Annually, it will be around 3.6% each month |
| Late Payment Fee | It will be ₹100 to ₹1,300 will be charged as a late payment fee |
| Add-on cards | Free |
| Rewards redemption | Browse Website |
| Reward Validity | 2-Year Expired Vadility |
What Are the Eligibility Criteria For Business Moneyback Credit Card HDFC?
Must be An Indian citizen aged around 21 Years to 65 Years, and moreover, HDFC selected this card only for self-employed and business men.
| Eligibility Criteria | Overview |
| Only For | Self-employed & Business Owners |
| Your Age Must Be | Around 21 to 65 years |
| Minimum Annual ITR | ₹ 6 Lakh |
To Apply For HDFC Business Moneyback Credit Card Application, You must maintain the above Eligibility Criteria. moreover, you can get this card by providing one of these Income documents to the bank. – ITR, GST returns, Bank Statements, and Merchant payment report
FAQ
HDFC Business Moneyback Card is a Reward Points + CashBack-based card. which offers multiple benefits and a Smart EMI Facility. it is quite beneficial for Business owners and HDFC Current Bank Account holders. it offers 5% double cash back on Business necessary shopping.
Customer care is available on the official HDFC Bank India Website. here are numbers that you can use to contact 1800 202 6161 And another helpline number that you can call 1860 267 6161
More Credit Card Review Below –
In Conclusion
Overall, this is one of the best cards for Business & Personal expenses, it offers a good number of cash back and Rewards points. moreover, it provides quite good 5X Reward Points for refueling your vehicle at all Indian fuel stations. we hope you find all details through this business moneyback credit card review. if you have any other queries, comment down below, And Do Share the review blog on social media by using below Social media icons.
