HDFC Snapdeal Credit Card Vs HDFC Moneyback Plus Credit Card
Last Updated : April 11, 2025, 5:22 p.m.
In the competitive landscape of credit card offerings, choosing between the HDFC Snapdeal Credit Card and the HDFC Moneyback Plus Credit Card requires careful consideration of your spending habits and lifestyle preferences. Both cards come with similar annual fees of Rs. 500 (plus taxes), but they target distinctly different user segments with their unique reward structures and benefits. While the Snapdeal variant offers specialized benefits for e-commerce enthusiasts with a 5% discount on Snapdeal purchases and targeted welcome benefits including Rs. 2,000 worth of Snapdeal vouchers, the Moneyback Plus Credit Card provides more versatile rewards across various spending categories with easier annual fee waiver requirements and milestone bonuses. This comparison explores how these two popular HDFC Bank credit card options stack up against each other to help you determine which card might better complement your financial needs and shopping patterns. After you choose the card that aligns best with your lifestyle preferences and spending habits, do a free CIBIL score on the Wishfin portal to know where you stand with respect to your credit score, which is an important factor impacting the approval or rejection of your credit card application.
Compare the Features of the HDFC Snapdeal Credit Card and the HDFC Moneyback Plus Credit Card
| Feature | HDFC Snapdeal Credit Card | HDFC Moneyback Plus Credit Card |
|---|---|---|
Annual Fee | Rs. 500 | Rs. 500 |
Renewal Fee | Rs. 500 (Waived on annual spends > Rs. 1.5 lakhs) | Rs. 500 (Waived on annual spends > Rs.50,000) |
Welcome benefits | 500 reward points + Snapdeal vouchers worth Rs. 2,000 | 500 cashpoints |
Reward structure |
|
|
Special discount |
| None |
Quarterly Benefits | None | Gift voucher worth Rs. 500 on quarterly spends of Rs. 50,000 & above (Up to Rs. 2,000 worth of vouchers per year) |
Fuel Benefits | Fuel surcharge waiver up to Rs. 250 per billing cycle on transactions between Rs. 400 and Rs. 5,000 | 1% fuel surcharge waiver on fuel transactions (Min Rs. 400, Max Rs. 5,000 & Max waiver of Rs. 250 per statement cycle) |
Reward points validity | 2 years from date of transaction | 2 years from date of transaction |
Redemption Value | Varies based on redemption option | 1 CashPoint = Rs. 0.25 |
Contactless Payments | Yes | Yes |
Interest-Free Credit Period | Up to 50 days | Up to 50 days |
Zero Liability on Lost Card | Yes | Yes |
Best For | Frequent Snapdeal shoppers | General online shopping across multiple platforms |
Key Differences
Reward Structure
The HDFC Snapdeal Credit Card is designed specifically for Snapdeal shoppers, offering 10X reward points for every Rs. 150 spent on Snapdeal and SmartBuy platforms. In contrast, the HDFC Moneyback Plus Credit Card provides 10X CashPoints on purchases across multiple popular platforms including Amazon, Flipkart, Swiggy, Reliance Smart SuperStore, and BigBasket.
Spending Threshold for Fee Waiver
The Moneyback Plus Credit Card has a much lower spending threshold (Rs. 50,000) to get the annual fee waived compared to the Snapdeal Credit Card (Rs. 1.5 lakhs).
Platform-Specific Benefits
The Snapdeal Credit Card offers an instant 5% discount on all Snapdeal purchases, making it particularly valuable for frequent Snapdeal shoppers. The Moneyback Plus Credit Card doesn't offer platform-specific discounts but covers a wider range of popular online shopping platforms.
Quarterly Benefits
The Moneyback Plus Credit Card offers quarterly benefits in the form of a gift voucher worth Rs. 500 on quarterly spends of Rs. 50,000, potentially yielding up to Rs. 2,000 worth of vouchers annually. The Snapdeal Credit Card doesn't offer specific quarterly benefits.
Redemption Value
The Moneyback Plus Credit Card offers a clear redemption value of Rs. 0.25 per CashPoint, which can be redeemed against statement balance, travel benefits, or on the rewards catalog. The redemption value for Snapdeal Credit Card reward points varies based on the redemption option.
Who Should Choose Which Card?
Choose HDFC Snapdeal Credit Card if:
- You frequently shop on Snapdeal
- You want to take advantage of the 5% instant discount on Snapdeal purchases
- You prefer platform-specific rewards and benefits
- You're comfortable with the higher spending threshold (Rs. 1.5 lakhs) for fee waiver
Choose HDFC Moneyback Plus Credit Card if:
- You shop across multiple online platforms (Amazon, Flipkart, Swiggy, etc.)
- You want a lower spending threshold (Rs. 50,000) for fee waiver
- You prefer quarterly benefits on moderate spending
- You want flexible redemption options with a clear redemption value.
Conclusion
Both the HDFC Snapdeal Credit Card and HDFC Moneyback Plus Credit Card offer compelling benefits for different types of shoppers. The Snapdeal Card is tailored for loyal Snapdeal customers, while the Moneyback Card offers more versatile rewards across multiple popular platforms. Consider your shopping habits and spending patterns to determine which card would provide the most value for your lifestyle.
When making your decision, also consider the spending threshold for fee waiver, as the Moneyback Card requires significantly less annual spending (Rs. 50,000) compared to the Snapdeal Card (Rs. 1.5 lakhs) to waive the annual fee.
Frequently Asked Questions (FAQs)
