HDFC Business MoneyBack Credit Card Review
The HDFC Business MoneyBack is an entry-level business card for the self-employed. Its most useful feature is 5% cashback on telecom, utility, government and tax payments — categories most cards exclude.
The cashback is capped at ₹250 a statement and needs ₹10,000 of monthly spend, and reward points on other spends are worth ₹0.20 each.
- 5% cashback on telecom, utility, government and tax payments
- Fee waived on ₹50,000 annual spend
- 2,500 bonus points on ₹1.8 lakh annual spend
- Points redeem as statement credit (100 = ₹20)
- Fuel waiver up to ₹250 a cycle
- 5% cashback capped at ₹250 a statement and needs ₹10,000 monthly spend
- No points on fuel, EMI, wallet, rent or education
- ₹99 fee per redemption; minimum 2,500 points
- No lounge access
- Points capped at 15,000 per cycle
Fees and charges
| Item | Detail |
|---|---|
| Annual fee | ₹500, waived on ₹50,000 spend in the year |
| Interest | 3.75% a month (45% a year) |
| Redemption fee | ₹99 per redemption |
| Fuel surcharge waiver | 1% on ₹400–₹5,000, up to ₹250 a cycle |
Rewards: how the card earns
| Spend | Earn |
|---|---|
| Telecom, utility, government, tax | 5% cashback, up to ₹250 per statement (minimum ₹10,000 monthly spend) |
| Online spends | About 4 points per ₹150 (confirm current rate with HDFC) |
| Other spends | About 2 points per ₹150 |
| Annual bonus | 2,500 points on ₹1.8 lakh spend |
100 points = ₹20 as statement credit (minimum 2,500 points). Transactions under ₹150 earn nothing.
What earns nothing
Fuel, EMI, wallet loads, cash advances, fees, rent and education payments earn no points.
Other benefits
| Benefit | Detail |
|---|---|
| Lounge access | None |
| Fuel | 1% surcharge waiver, up to ₹250 a cycle |
| Redemption | Statement credit at ₹0.20 per point |
Eligibility
Issuer
HDFC Bank
For
Self-employed individuals and business owners
Age
21–65
Income
ITR above ₹6 lakh a year
Who this card is for
- Good fit: small businesses that pay ₹5,000+ a month of telecom, utility or tax bills by card.
- Skip if: you want rewards on fuel or travel — fuel earns nothing and there are no travel perks.
Alternatives worth comparing
- HDFC BizGrow — 10X on tax and GST
- HDFC BizFirst
- Best business credit cards
- Best cards for tax payments
Final verdict
A practical business card for steady bill and tax payments, with cashback most cards do not offer. The ₹250 monthly cap keeps it modest; larger businesses should look at BizGrow.
Frequently asked questions
What earns 5% cashback?
Telecom, utility, government and tax payments, up to ₹250 per statement, with at least ₹10,000 of monthly spend.
Does fuel earn points?
No. Fuel earns nothing on this card.
How much is a point worth?
₹0.20 as statement credit (100 points = ₹20).
What is the annual fee?
₹500, waived on ₹50,000 annual spend.
Who can apply?
Self-employed individuals aged 21–65 with ITR above ₹6 lakh.
Last verified: October 2026, against HDFC Bank’s Business MoneyBack page, reward T&C and key fact statement. Card terms change often; confirm the current fees and reward rules on the issuer’s website before you apply. All fees are plus 18% GST.