Check below for a comparison between HDFC MoneyBack vs Citibank Rewards Credit Card or Citibank Rewards Credit Card vs HDFC MoneyBack and find which is better–
In the spectrum of credit cards catering to diverse spending habits, the comparison between the HDFC MoneyBack Credit Card and the Citibank Rewards Credit Card unfolds as a strategic choice for individuals seeking optimized financial benefits.
The HDFC MoneyBack Credit Card is celebrated for its versatility, offering cashback rewards on a range of everyday expenditures, making it an ideal companion for those prioritizing instant savings.
On the other hand, the Citibank Rewards Credit Card is designed for the avid shopper, providing accelerated reward points on retail transactions, which can be redeemed for a variety of attractive options.
This comprehensive analysis delves into the unique attributes of each card, empowering users to make an informed decision based on their specific spending patterns, preferences, and lifestyle choices.
Whether you prioritize versatile cashback rewards or seek a card tailored for shopping indulgences, understanding the nuanced features of these credit cards will guide you toward the one that seamlessly aligns with your financial goals and individual aspirations.
Table of Contents
Overview of HDFC MoneyBack Credit Card
As part of the welcome and renewal benefits, you receive 500 Cash points annually upon payment of the joining or renewal fee.
Additionally, the renewal fee can be waived based on your yearly spending. This card offers 4 Reward Points for every Rs. 150 spent online and 2 Reward Points for every Rs. 150 spent on other categories.
These reward points are versatile, allowing redemption for cashback, SmartBuy flight/hotel bookings, and an array of products/vouchers. Furthermore, you can earn gift vouchers every quarter based on your quarterly spending.
Overview of Citibank Rewards Credit Card
The Citi Rewards Credit Card is a credit card offered by Citibank. It is designed to provide customers with a rewarding experience by offering various benefits and incentives.
With the Citi Rewards Credit Card, you can earn reward points on your card transactions.
These reward points can be accumulated and later redeemed for a wide range of options, including merchandise, gift vouchers, or even cashback.
This card allows you to earn rewards faster when you spend in these categories. To know more in detail about such benefits, keep reading.
HDFC MoneyBack vs Citibank Rewards Credit Card
| Features/Charges | HDFC Moneyback Credit Card | Citibank Rewards Credit Card |
|---|---|---|
| Joining Fees | Rs 500 | Rs. 1,000 plus applicable taxes (complimentary for Citibank Suvidha account holders) |
| Annual Fees | Rs 500 | Rs. 1,000 plus applicable taxes (complimentary for Citibank Suvidha account holders) |
| Welcome Benefits | The membership fee payment includes a welcome benefit of 500 Cash Points. | As a welcome benefit, up to 2,500 Reward Points. |
| Cashback / Rewards point | Every Rs 150 spent online earns you 4 Reward Points, and for any other expenditure, you receive 2 Reward Points. | Get 1 Reward point for spending Rs. 125 and 10 Reward Points on Rs. 125 you spend on departmental stores. |
| Dining benefits | Enjoy up to 20% off on your dining expenses through Swiggy Dineout. | Receive a discount of up to 20% on dining at partnered restaurants. |
| Travel benefits | N/A | N/A |
| Annual fees waiver | The annual fee is eliminated if your spending in the last year reaches Rs. 50,000 or more. | Annual Fee Waiver – Get the renewal fee waiver on spending Rs. 30,000 or more in the previous year. |
| Fuel surcharge waiver | There is a complete exemption of the 1% fuel surcharge for fuel transactions. | 1% fuel surcharge is waived at all Indian Oil outlets for a minimum fuel transaction of Rs. 10 across all fuel pumps in India using this credit card. |
