March 22, 2025 · 15 mins read
Santhosh Kumar
Moneyback+ Rupay credit card is a reward credit card that provides various benefits to cardholders across different categories. Cardholders can earn reward points and cashback on the amount spent on Swiggy, Amazon, Flipkart, Big Basket, and Reliance Smart Super Store. Moneyback+Rupay credit card can be the perfect option for those who are willing to apply for an entry-level card that offers exciting reward points.
Now let us have a look at the key highlights of the MoneyBack+ Rupay credit card in the table given below:
Joining Fee: Rs.500
Annual Fee: Rs.500 (It will be waived if the cardholder spends more than Rs.50,000 per year)
Best suited for: Reward points
Welcome benefits: It offers 500 cashpoints after making the payment of the joining fee
Minimum income needed:
1: Salaried: Rs.20,000 per month
2: Self-Employed: Rs.6 lakhs per annum as per Income Tax Returns (ITR)
Features: Earn 10x reward points on the amount spent on Swiggy, Amazon, Reliance Smart Super Store, Flipkart and Big Basket
1: The cardholders will get 500 cash points upon the activation of the card. It is considered a welcome gift.
2: Get 5x Cashpoints on making Equated Monthly Instalments (EMI) payments to certain merchant stores.
3: Earn two cashpoints for every Rs.150 spent using the Moneyback+ Rupay credit card except wallet reloads, fuel purchased, voucher purchased, and prepaid card reloads.
4: Moneyback+ Rupay credit card offers 10x Cashpoints on purchases done on its partner brands, such as Reliance Smart Store, Flipkart, Swiggy, Amazon, and Big Basket.
5: Get a discount of up to 15% on dining at more than 2,000 select restaurants across the country.
6: If the cardholders spend more than Rs.50,000 in a year, they will get a gift voucher worth Rs.500.
7: Get a fuel surcharge waiver of 1%.
8: If the annual expenditure of Moneyback+ Rupay credit cardholders is more than Rs.50,000, the annual fee will be waived off.
9: The card also allows its cardholders to convert one-time payments into easy EMIs on big purchases.
10: The card has a zero lost card liability benefit, which means if the cardholders lose their card, they are not responsible for any sort of fraud but they need to report about the same to bank’s credit card customer service.
11: If a cardholder spends at least Rs.50,000 per year, the renewal membership fee will be waived.
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The following table explains the fees and charges of Moneyback+ Rupay credit card:
Fee Type: Joining Fee
Details: Rs.500
Fee Type: Finance Charges
Details: 3.75% per month or 45.0% per annum
Fee Type: Annual Fee
Details: Rs.500
Fee Type: Foreign Currency Markup Fee
Details: 3.5% of the amount transacted
Fee Type: Rewards Redemption Fee
Details: Rs.99 per redemption
Fee Type: Fuel Surcharge
Details: 1%
Fee Type: Add-on Card Fee
Details: NA
Fee Type: Cash Advance Charged
Details: 2.5% on the fund withdrawn
Fee Type: Late Payment Charges
1: Less than equal to Rs.100 - Nil
2: Rs.101 to Rs.500 - Rs.100
3: Rs.501 to Rs.1,000 - Rs.500
4: Rs.1,001 to Rs.5,000 - Rs.600
5: Rs.5,001 to Rs.10,000 - Rs.750
6: Rs.10,001 to Rs.25,000 - Rs.900
7: Rs.25,001 to Rs.50,000 - Rs.1100
8: More than Rs.50,000 Rs.1300
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1: Age to apply for the MoneyBack+ Rupay credit card, the age limit of the applicant should be between 21 years to 60 years of age.
2: Income For salaried individuals, the minimum salary should be at least Rs.20,000 per month whereas, for self-employed individuals, the minimum income per year should be at least Rs.6 lakh per annum.
3: The applicant should be an Indian.
You need to submit the photocopies of the following documents to apply for MoneyBack+Rupay credit card:
Identity Proof: Permanent Account Number (PAN) Card, Passport, Aadhar Card, Voter ID Card, Driving License, Person of Indian Origin (PIO) Card.
Address Proof: Passport, Voter ID Card, Aadhar Card, Driving License, Ration Card, Electricity Bill, Bank Account Statement, or Property Registration Document.
Income Proof: Last two months' salary slips, Form 16, and the Previous three months' bank account statement.
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To apply for the MoneyBack+ Rupay credit card, you need to log in to the net banking portal using your login credentials. Then, you need to go to the credit card application page, where you have to submit scanned copies of the abovementioned documents. If you are willing to apply for the credit card offline, then you need to visit the nearest Bank branch, and fill up the offline credit card application form and submit it to the bank's official.
1: Given below are the steps to track Moneyback Plus Rupay credit card application status:
2: Visit the net banking portal using your login credentials.
3: Go to the 'Credit cards' option under the 'Products' tab.
4: Click on the 'Important Links' option.
5: Next, click on the 'Track your credit card Application Status'.
6: You will be redirected to a new page where you need to enter your details like application reference number, mobile number, date of birth, etc.
7: Finally, click on the 'Submit' button to track the credit card application status.
The credit limit assigned to the Moneyback Plus Rupay credit cardholders has yet to be disclosed by the Bank as there is no fixed limit for everyone, and it varies for different cardholders. The factors that affect your credit card limit include your credit score, past payment history, income, etc. If you are a high-income individual or you have an excellent credit score, you will get a higher credit limit than those with a low score. If you have a lower credit limit, you should build a good score and apply for a higher credit limit. You can do this by contacting your bank’s customer care, filling out the online application form for card up-gradation, or visiting the branch.
Read More:: Rupay Credit Card UPI Charges
To make the bill payment of your Bank’s MoneyBack Plus Rupay credit card, you can follow the below-mentioned procedures:
1: Visit the bank’s bill desk page, enter the required credit card information, and proceed further to pay the bill.
2: Log in to your bank’s internet banking account and pay your credit card bill under the section ‘Credit Card Payment.’
3: You can also use digital payment services apps like Paytm, CRED, PhonePe, and CheQ to pay your credit card bills.
Bank: HDFC Bank Moneyback Plus credit card
Annual Fee: ₹500
Reward Rate: 2 Cash points on every spend of ₹150. 10x cash points on partner brands, including Amazon, Flipkart, Swiggy, Big Basket, and Reliance Smart Store.
Reward Redemption: 1 Reward point = ₹0.25 for redemption on Smart Buy. 1 Reward point = ₹0.25 for redemption against the statement balance.
Additional Benefits: Earn gift vouchers worth up to ₹2,000 every year on achieving the spending milestone.
Bank: Axis Bank My Zone credit card
Annual Fee: ₹500
Reward Rate: 4 Edge rewards on every spend of ₹200.
Reward Redemption: 1 Edge reward = ₹0.20 for redemption against various options at the edge rewards portal.
Additional Benefits: Complimentary SonyLiv subscription. Complimentary domestic lounge accesses every quarter.
Bank: SBI Simply CLICK credit card
Annual Fee: 499
Reward Rate: 1 Reward Points on every offline spend of ₹100. 5x Reward points on online spending.10x Reward Points on online spending on partner brands.
Reward Redemption: 1 Reward point = ₹0.25 for redemption against products, vouchers, and cashback.
Additional Benefits: Earn gift vouchers worth up to ₹4,000 every year upon achieving the spending milestone.
Bank: Simply SAVE SBI card
Annual Fee: 499
Reward Rate: 1 Reward point on every spend of ₹100. 10x Reward points on groceries, movies, dining, and departmental stores.
Reward Redemption: 1 Reward point = ₹ 0.25 for redemption against the product catalogue and statement balance.
Additional Benefits: N/A
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1: Up to 50 days interest-free credit period
2: Bank Merchants can now use the SmartHub app to make their vendor and distributor payments through a single app
3: Convenient and instant payments
4: Upto 50 days credit period for payments made via Business credit card
5: Easy reconciliation of payment & invoices
6: Make GST payments
7: Get pre-approved instant loans and a cash withdrawal facility on your business Credit card.
8: Convert all your big spends into EMI after purchase
9: Buy interiors, furniture, electronics, ACs and more in bulk for your business with easy EMI options on your business credit card.
Register your credit card with SmartPay, Bank's Utility Bill payment service. You can then ensure that all your utility bills are paid on time, conveniently and easily. Get assured cashback up to Rs. 1800 in the first year and exciting e-vouchers worth upto Rs.800 for adding 2 or more bills on Smart Pay.
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1% fuel surcharge waiver at all fuel stations across India
(On minimum transaction of ₹400 and maximum transaction of ₹5000. Max cashback of ₹250 per statement cycle)
Enjoy amazing dining benefits with the Good Food Trail program
Get up to 20 % savings off on all your restaurant bill payments via Swiggy Dineout (20,000+ restaurants),
Offer inclusive of Restaurant and Swiggy Discount. Offer valid only on payments done Swiggy App.
1: Renewal fee waived off if you spend Rs.50,000 and more in the previous year
2: Reward point/cashBack Redemption & Validity
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Reward Points accumulated on bank’s business Moneyback+ credit card can be redeemed for cashback against a statement (100 Reward Points = Rs. 20). For redemption against the statement balance, cardholder must have minimum of 2500 reward points
Reward points can also be redeemed for exciting gifts and air miles from an exclusive rewards catalogue at the applicable redemption rate.
> Airmiles conversion through net banking at a value of 1RP = 0.25 air mile
> Products and vouchers via product catalogue on netbanking 1 RP = upto Rs 0.25
> Redeem as cashback against the statement at a value of 1 RP = Rs 0.20
A reward redemption fee of Rs. 99 per request will be applicable on all redemptions.
Reward points earned on your Moneyback+ credit card are valid only for 2 years from the date of accumulation.
Rent payments and education-related transactions will not earn reward points. Reward points earned on grocery transactions will be capped at 1,000 per month. Redemption of travel Reward Points will be capped at 50,000 points per month.
Let us go over the several benefits of RuPay credit card
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The feature is among the most valuable benefits of the RuPay credit card and is responsible for driving a surge in new sign-ups. It allows you to link your RuPay card to any UPI app for seamless and secure online payments.
A merchant who accepts RuPay cards typically has to pay lower transaction fees compared to international networks like Visa and Mastercard. It has a cascading effect as more merchants allow customers to pay using a RuPay card, fueling its universal acceptance as a result.
One of the core benefits of a RuPay credit card is that many carry no joining fee or annual fee, making them popular in a price-sensitive market like India. Furthermore, RuPay credit card offer affordable interest rates as well.
Many of you carefully evaluate the offers provided by issuers when checking out the RuPay Card benefits. So, worry not; these credit card are replete with attractive deals. For example, you can earn cashback and travel deals, among other things.
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The option of insurance coverage is a rare addition to the benefits of a RuPay card. Some high-end cards offer complimentary insurance coverage for incidents like accidental death, hospitalisation, or lost card liability.
There are many advantages to the RuPay credit card, but none more important than its top-notch security features like EMV technology, two-factor authentication (2FA), and SMS alerts. Moreover, a RuPay credit card offers additional security features and tailored rewards programs as part of their efforts to offer customised solutions for Indians.
RuPay credit cards can be used for card-present transactions involving ATMs and point-of-sale terminals and card-not-present transactions such as online shopping websites, IVR, etc.While the domestic RuPay credit cards are accepted at all RuPay-enabled retail terminals, online websites and at all ATMs, international RuPay credit cards can be used at all RuPay acceptance points in India and all ICS Partner acceptance points such as ATMs, retail terminals and online shopping websites.
The UPI RuPay credit card used to make payments on apps like Paytm, PhonePe, Mobikwik, etc. You also get cashback on both regular and UPI transactions with this credit card. Let’s know more about the features and benefits of this card
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The UPI RuPay credit card is only issued virtually, and you will not get any physical credit card to use. Your card will automatically be registered in your bank’s My Cards section so that you can check out its details and use it conveniently whenever you wish to.
You can easily link the credit card with UPI applications like Mobikwik, Paytm, BHIM, PhonePe, etc., and be rewarded for UPI payments made with the card. Here is how you can link your card with the app –
1: Open Paytm, PhonePe, Google Pay, or any other UPI app
2: Use your credit card PIN to register the card in the app
3: Make UPI payments with your card and earn Cashpoints
1: You earn Cashpoints on both regular as well as UPI payments made with the card –
2: 3% Cashpoints on your grocery, supermarket, dining, and PayZapp spends, capped at 500 Cashpoints maximum every month
3: 2% Cashpoints on utility spends, capped at 500 Cashpoints maximum every month
4: 1% Cashpoints on other spends, capped at 500 Cashpoints maximum every month.
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Moneyback+ Rupay credit card is an upgraded variant of the existing Moneyback Card, offering benefits in the form of reward points across various categories. It is an entry-level card focused toward beginners as it comes with easy income eligibility of Rs. 25,000 per month.
The card offers benefits on some of the most practical everyday categories. It covers groceries with BigBasket offer, lifestyle expenditure with Flipkart and Amazon, dining with Swiggy and other departmental store purchases via Reliance Smart SuperStore.
However, Moneyback+ does not offer any travel benefits around complimentary lounge access and none of the popular travel brands fall under the accelerated rewards category. Besides, groceries and fuel are among the two high expense categories for everyone. Be cautious and read all the Terms and conditions before taking a decision.
As per the terms and conditions associated with the Moneyback+ Credit Card, the card caps the maximum Cashpoints that you can earn in a month. The maximum capping for transactions under 10X Cashpoints on selected brands (as mentioned above) and for 5X Cashpoints on EMI spends is 2,500 Cashpoints.
Yes, the bank allows you to withdraw cash using your Moneyback+ credit card. However, the bank charges a cash advance fee of 2.5% of the withdrawn amount or a minimum of Rs. 500 (whichever is higher) for withdrawing cash via your credit card. Hence, it is advisable not to withdraw cash using your credit card as it incurs higher charges.
You can apply for this card directly with the issuer, by providing details on the application form available at the top of this page.
No, you can earn a fuel surcharge waiver of 1% on your transactions between Rs. 400 to Rs. 5,000. Also, you can earn a maximum waiver of Rs. 250 in a statement cycle. This waiver can be availed on your transactions across any petrol pump in the country, wherever this credit card is acceptable.
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