Babaria Media - Latest Review on the HDFC Moneyback Credit Card.

Latest Review on the HDFC Moneyback Credit Card.

 

A credit card is a useful lending product that is used commonly all over the world. People use the credit card for their expenses and pay off the lender with interest on the outstanding amount.

The credit cards have become an effective alternative to carrying the cash. This makes transactions hassle free as buying a product or paying for a service can happen in just one swipe.

This has made the use of the credit card popular, and people have a growing preference for using the credit cards. Banks all over the world in developed countries and developing countries offer a credit card product to its customer.

These clients are either self-employed or the salaried people. Depending on their annual income and purchase capacity of the credit card applicant the lending limit is then decided.

In India, different multi-national and nationalized banks offer the credit card product to their customers. These clients have a stable financial track record and a good amount of transaction in the account.

Based on such factors the credit limit is decided, and best-suited credit card product gets recommended to the customer. Different banks claim to offer the best credit card services to their clients.

However, very few banks deliver what they promise, one of the top banks in India offers the best credit card services in India.

The HDFC bank is a famous and reputed bank, known well for different financial products and services available to the clients coming from various segments.

           

Hdfc money back credit card review - Rewards/Benefits/Offers [2017]

The HDFC Moneyback Credit Card is the most popular product offered by the bank to the customers in India. The bank is focused on increasing its credit card network at a nationwide level.

This has attracted a large number of the working professionals and business owners to take-up the memberships of the credit card product. The card holders enjoy the benefits offered by the bank.

The card holders get benefits on the daily spending. The HDFC bank encourages its credit card users to remain frequent users with benefits such as the cash back, reward points and the other exclusive privileges.

There are different benefits such as fuel surcharge waiver, cash back, interest-free credit, from the online purchase and special deals offered by the HDFC bank.

If you are looking to get a credit card as a working professional or a business owner? Then it is crucial for you to understand the benefits of the HDFC Moneyback Credit Card.

Also, the bank has a strict criterion that is followed by providing the necessary documentation and financial information. The qualifying customers get a lifetime membership free credit card that has multiple benefits offered by the HDFC bank.

​Documentation and Eligibility.

​HDFC Bank has a stringent background check of the credit card applications. Therefore, as applicants make sure you do not have any bad credit history or outstanding debts leading to a bad credit score, this can cause your application to get declined.

Below mentioned are the eligibility criteria and the documents needed by the HDFC.

• ​People working as the salaried person can apply for the credit card between 21 years and 60 years.
• People working as the self-employed individual can apply for the credit card between 21 years and 60 years.
• The applicant must not have any history of default on the credit score.
• Provide documents such as personal information documents that confirm the citizenship, such as driver license, date of birth, email id, education details, pan number, mobile number bill or the landline number bill.
• Provide professional information such as employment details or the business details, designation, work history, income details, income proof and income tax returns, etc.
• The interest rates and the charges may differ based on the financial health of the card applicant as a salaried person or self-employed.
• If you are eligible as per the bank terms and conditions, then you may apply for the same on the internet.

Hdfc money back credit card offers and Features.

The HDFC Money Back Credit Card is a great move by the bank in the credit card segment. This step aims at catering to the high net worth income clientele with a specialized product.

Almost all the features of the HDFC Money Back Credit Card are same as the retail card with little changes that makes it unique.

Below mentioned are the attractive features of the credit card.

• MoneyBack Rewards: Whenever you make a purchase of INR 150.00, you get two reward points on the credit card. The card holder can accumulate the reward points and redeem the CashBack against the outstanding amount on the credit card.
• Online Purchase: The HDFC bank offers specialized rewards on the online spending. Now enjoy 100% more reward points for the online purchase benefit from double reward points.
• Fuel Surcharge Waiver: Get 1% fuel surcharge waived off on the credit card transaction.
• Secure and Safe Transactions: HDFC Bank is known well for using top grade security keeping vital customer information safe and secure. The bank uses a high level and updated end to end security solutions for successful and secure financial transactions.
• Zero Liability on the Lost Card: When you lose your credit card, contact the 24x7 call center. Once the cardholder gives the information to the bank about the credit card loss or theft, The Transactions done on the card does not make the cardholder liable for the fraudulent transactions.
• Revolving Credit: Get the benefit of the revolving credit rate on the credit card and enjoy nominal interest rates, charges section and refer fees, etc.
• Interest-free Credit: As the card holder, you can now enjoy 50 days of the interest-free period from the date of purchase.
• Rewards Point Validity: The HDFC bank offers the rewards point validity up to the time span of the two years to their card holder.

Benefits.

The HDFC Money Back Credit Card offers you rewards and discounts on retail and online shopping. Also, the card offers discounts and benefits for the fund transfers, buying the complimentary air tickets, cash back and a lot more.

Below mentioned are some of the benefits offered by the bank on its money back credit card.

• Get exclusive offers on the online shopping websites and e-commerce websites.
• Get the benefit of long duration EMI on the purchase of credit cards.
• Get maximum hdfc money back credit card limit  based on the income. 
• The HDFC Money Back Credit Card offers transactions that are cashless across millions of merchants.
• Get the best service on your credit card transaction at the airport lounge, free air tickets, golf clubs, and free gifts, etc.

Fees and Charges.

The annual fee on the HDFC Money Back Credit Card may differ for the customers the annual fee is communicated to the card member at the time of the card application.

Usually, the bank waives off the credit card annual fee provided the cardholder makes the transaction more than INR 10,000 in first 90 days of receiving the credit card. Post this renewal fee gets waived off provided the cardholder does the purchase on the card more than INR. 50,000.

Apply for HDFC moneyback credit card

Final Thoughts

I have collected the information from the trusted sources to inform my readers better. The article has the most comprehensive and latest information about the HDFC Bank Money Back Credit Card. Provided you are a high net worth income earner.

Then you must apply for the HDFC Money Back Credit Card and experience the benefits unparallel when compared to other credit cards in the market. I am hopeful the Money Back Credit Card Review offers you all the information you seek.