HDFC MoneyBack+ vs ICICI Rubyx
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
HDFC MoneyBack+ wins 8-0. Entry-level cashback with very low waiver bar. ICICI Rubyx is still the right call if step up from coral, adds dual-network and milestone rewards..
Side-by-side
| Criterion | HDFC MoneyBack+ | ICICI Rubyx |
|---|---|---|
| Annual fee | ₹500 | · ₹2,000 |
| Joining fee | ₹500 | · ₹3,000 |
| Top reward rate | 5% (shopping) | · 1% (general) |
| Base reward rate | 2% | · 1% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = 500 CashPoints on first transaction | = 5,000 PAYBACK points + Tata CLiQ voucher |
| Fee waiver threshold | ₹50,000 / yr | · ₹350,000 / yr |
| Min income | ₹240,000 | · ₹600,000 |
| Min credit score | 720 | · 760 |
| Editorial rating | 4.1/5 | · 4/5 |
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
ICICI Rubyx
- Dual-network (Visa + Amex one card)
- 4 international + 6 domestic lounge visits/year
- 15% off Culinary Treats
- 25% off movie tickets
- Comprehensive insurance
FAQ
›HDFC MoneyBack+ vs ICICI Rubyx: which is better?
HDFC MoneyBack+ wins on more dimensions (8 vs 0). 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, ICICI Rubyx 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. ICICI Rubyx: 5,000 PAYBACK points + Tata CLiQ voucher.