HDFC MoneyBack+ Review (2026)
HDFC's mid-range CashBack card. 2x on everything, 4x on online spends and wallet loads. A solid everyday card for the HDFC ecosystem.
Last updated: 2026-03-10· By PointsWallah Editorial
Fee Details
| Annual Fee | ₹1,000 |
| Joining Fee | ₹1,000 |
| Fee Waiver | Spend 1.5L in a year |
| Income Required | ₹5L/year |
| Network | Visa |
| Fuel Surcharge Waiver | Yes |
Reward Rates
Currency: HDFC CashBack Points
Milestone Benefits
1,000 bonus CashBack points on spending 1.5L
Lounge Access
Our Review
The MoneyBack+ sits in an awkward spot in HDFC's lineup. It offers 2x on everything (similar to IDFC Classic which is free) and 4x on online spends. The question is: why not just get the Millennia instead? For 1,000 vs 1,000 fee, the Millennia gives 5% on Amazon/Flipkart/Swiggy and 8 lounge visits. The MoneyBack+ only makes sense if you heavily load wallets like Paytm or PhonePe, where the 4x rate applies. For most people, skip this and go straight to the Millennia. It's a decent card — just not the best option at its price point in HDFC's own lineup.
Pros & Cons
Pros
- + 2x CashBack on all spends — straightforward and reliable
- + 4x on online spends and wallet loading
- + HDFC ecosystem benefits — SmartBuy access
- + Reasonable 1.5L fee waiver threshold
Cons
- - 4 lounge visits is limited — Millennia gives 8
- - No international lounge access
- - CashBack on wallets capped at 500/month
- - Competes directly with Millennia and often loses
Best For
Frequently Asked Questions
Is the HDFC MoneyBack+ worth it in 2026?
It depends on your spending. The HDFC MoneyBack+ costs ₹1,000/year (waiver: Spend 1.5L in a year). With an effective base return of 1.0%, you'd need to spend approximately ₹1L per year just to break even on the fee. If your annual spend exceeds that, the card earns you money.
What is the HDFC MoneyBack+ annual fee?
The HDFC MoneyBack+ has an annual fee of ₹1,000. Joining fee is also ₹1,000. Fee waiver: Spend 1.5L in a year.
What is the minimum salary required for HDFC MoneyBack+?
The minimum annual income required for the HDFC MoneyBack+ is ₹5L. However, if you have an existing banking relationship with HDFC Bank, you may get approved at a lower income level.
Disclaimer: This review is for informational purposes only and does not constitute financial advice. Card features, fees, and reward structures may change without notice. Please verify all details on HDFC Bank's website before applying. We may earn a commission if you apply through our links — this does not affect our editorial assessment.