How to Redeem HDFC MoneyBack+ Credit Card Points — Best Options (2026)
3 redemption options compared. Find the best value for your CashPoints.
Best Redemption Strategy
Use cashback or SmartBuy for consistent ₹0.25 per point value. Good entry-level card for online shoppers.
All Redemption Options
Cashback
Best ValueStatement credit against purchases
Value per point: ₹0.25
SmartBuy
Best ValueTravel via SmartBuy portal
Value per point: ₹0.25
Product Catalog
Rewards catalog items
Value per point: ₹0.15 - ₹0.20
Redemption Portal
Open HDFC Bank Rewards Portal →Understanding Point Value
Earn 2 CashPoints per ₹150 spent (online: 4 CashPoints). 1 CashPoint = ₹0.25. Annual fee ₹500, waived on ₹50,000 annual spend.
Frequently Asked Questions
What is the best way to redeem HDFC MoneyBack+ Credit Card points?
Use cashback or SmartBuy for consistent ₹0.25 per point value. Good entry-level card for online shoppers.
Can I convert HDFC MoneyBack+ Credit Card points to cash?
Yes, cashback redemption is available but typically offers lower value per point compared to other options.
Is there a minimum points requirement to redeem HDFC MoneyBack+ Credit Card points?
Minimum redemption requirements vary by option. Check the HDFC Bank rewards portal for specific minimums for each redemption type.
Do HDFC MoneyBack+ Credit Card points expire?
CashPoints expire 2 years from date of earning.