Cashback is one of the most important aspects that we look into first before applying for a credit card. However, various credit cards now come with a cashback benefit with them. But there are certain credit cards that are launched with the intent to provide cashback to customers. Furthermore, the HDFC Moneyback Card is one of them. Hence, you can reap exclusive cashback benefits using this card. It however provides up to 500 cash points while joining the credit card. This card was designed in a manner so that you can take advantage of as many money-back rewards as you can. In addition, you can earn reward points for your spending and redeem them to get cashback. Read down more to understand “How do you redeem rewards from the HDFC MoneyBack Card?”

What benefits does the HDFC MoneyBack Card provide?

The HDFC MoneyBack Card is well-known for providing users with cashback benefits. There are several other credit cards available on the market, but this is one of the best. It gives 2 reward points for every INR 150 spent. You will also receive 2 reward points for every INR 150 spent online. These reward points, on the other hand, can be redeemed for exciting offers. You can also get a gift voucher of INR 500 every quarter if you spend INR 50,000.

HDFC has been a pioneer in providing top-rated credit cards to the market. However, being a moneyback card the benefits it offers are not limited to cashback. In addition, you will get a 1% fuel surcharge waiver. Using your credit card for payment at petrol pumps is beneficial. Hence, you didn’t have to pay any additional fee for the petrol bill payment. To maintain top most security the credit card comes with a contactless payment feature. It however ensures that the payment is fast and secure. Therefore, an extra layer of security is added to it. After obtaining the credit card you will get an interest-free period of 50 days. 

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HDFC MoneyBack Card Rewards Redemption

The rewards you have earned with this HDFC Credit Card can be redeemed to get cashback. Further, to avail of this offer you need to have at least 2500 reward points with you. However, 1 Reward Point is equal to INR 0.20. In addition, you can also use the reward points to get Flight and Hotel bookings. Here you can get a flat discount of 50% while booking. Remember that the reward points you have earned are valid only for 2 years from the date of accumulation. Redeem them within the time period to enjoy the benefits. 


HDFC’s MoneyBack Card is one of the best cashback credit cards in India. It offers a plethora of advantages to customers. You can also reap benefits from various categories here. To obtain this HDFC Credit Card, you only need to pay a small joining fee of INR 500 and an annual fee of INR 500. The renewal fee is waived if you spend INR 50,000 in the first year.

Due to the advantages it offers, the credit card has grown in popularity since its introduction. The best part is that it is open to both salaried and self-employed individuals. Furthermore, in order to obtain the card, you must meet certain eligibility requirements. To apply for it, you must be between the ages of 21 and 65. Furthermore, if you spend INR 50,000 or more in the first calendar quarter, you will be eligible to win INR 500 gift vouchers.