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Credit CardsComparisons

HDFC MoneyBack+ vs IDFC FIRST Select

A head-to-head comparison of HDFC MoneyBack+ and IDFC FIRST Select across fees, rewards, and spending categories to help you decide which card suits your wallet better.

Grocery & RetailCard A

HDFC MoneyBack+

Entry-Level Online

Annual Fee
₹500
Reward Rate
10X CashPoints on partners
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Grocery & RetailCard B

IDFC FIRST Select

High Volume Spenders

Annual Fee
Lifetime Free
Reward Rate
10X on incremental spends
Apply Now Read full review →

Feature comparison

FeatureHDFC MoneyBack+IDFC FIRST
Annual Fee₹500 (Waived on ₹50K spend)Lifetime Free
Reward Rate10X CashPoints on partners10X on incremental spends
Best ForEntry-Level OnlineHigh Volume Spenders
First-Card Friendly
Lounge Access
Zero Forex Markup

Spending category coverage

Which categories does each card reward?

CategoryHDFC MoneyBack+IDFC FIRST
Online shopping
Groceries
Everyday spending
Airport lounge access

Quick verdict

Choose HDFC MoneyBack+ if:

  • You spend heavily on online shopping

Choose IDFC FIRST Select if:

  • Lower annual fee (₹Nil vs ₹500)
  • You spend heavily on airport lounge access

Full pros & cons

HDFC MoneyBack+

What's good
  • Quarterly milestone benefits on reaching spend targets
  • Low income eligibility criteria
  • Easy EMI conversion on purchases above ₹2,500
Watch out for
  • Points value is relatively low (1 Point = ₹0.25)
  • No complimentary lounge access
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IDFC FIRST Select

What's good
  • Lifetime free with no annual charges ever
  • Reward points never expire
  • Domestic lounge access available
Watch out for
  • Lounge access requires ₹20,000 spend in the previous calendar month
  • 10X multiplier only activates after spending ₹20,000 in a billing cycle
  • Tiered reward calculation is complex to track
  • Reward earning base revised from ₹150 to ₹200 per point (devaluation)
Apply Now
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