HDFC MoneyBack+ vs Tata Neu Plus HDFC
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
HDFC MoneyBack+ wins 6-3. Entry-level cashback with very low waiver bar. Tata Neu Plus HDFC is still the right call if tata neu shoppers who want the neucoins without the infinity fee..
Side-by-side
| Criterion | HDFC MoneyBack+ | Tata Neu Plus HDFC |
|---|---|---|
| Annual fee | · ₹500 | ₹499 |
| Joining fee | · ₹500 | ₹499 |
| Top reward rate | 5% (shopping) | · 2% (shopping) |
| Base reward rate | 2% | · 1% |
| Forex markup | = 3.5% | = N/A |
| Welcome bonus | 500 CashPoints on first transaction | · N/A |
| Fee waiver threshold | ₹50,000 / yr | · ₹1,00,000 / yr |
| Min income | ₹2,40,000 | · ₹3,00,000 |
| Min credit score | 720 | · N/A |
| Editorial rating | · 4.1/5 | 4.2/5 |
Benefits compared
HDFC MoneyBack+
- 5% on Amazon, Flipkart, Big Basket, Reliance Smart Bazaar (capped ₹1K/month)
- 2% on EMI transactions
- 1 fuel surcharge waiver
- Quarterly milestone vouchers
Tata Neu Plus HDFC
- 2% back as NeuCoins on Tata Neu and partner Tata brands
- 1% back as NeuCoins on other non-EMI spends
- Up to 1% back on eligible UPI spends
- 1 NeuCoin = ₹1 on Tata Neu
- Renewal fee waived on ₹1,00,000 spend in a year
- Issued on Visa or RuPay
FAQ
›HDFC MoneyBack+ vs Tata Neu Plus HDFC: which is better?
HDFC MoneyBack+ wins on more dimensions (6 vs 3). But the right answer depends on your specific spending pattern. Run your own monthly spend through the maximizer to see which one pays you more.
›Can I get both?
Yes, if your credit profile supports it, holding both is the optimal play. Use HDFC MoneyBack+ for its best categories, Tata Neu Plus HDFC for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
HDFC MoneyBack+: 500 CashPoints on first transaction. Tata Neu Plus HDFC doesn't list a welcome bonus.