HDFC Bank MoneyBack+ vs SimplyCLICK SBI Card
A field-by-field comparison of fees, reward rates, accelerated categories, caps, exclusions, lounge access and forex markup, using each issuer's own published terms. Affiliate payout never decides the verdict.
Short answer
HDFC Bank MoneyBack+ and SimplyCLICK SBI Card differ first on recurring cost: HDFC Bank MoneyBack+ has an annual fee of ₹500 + GST against ₹499 + GST for SimplyCLICK SBI Card, so SimplyCLICK SBI Card is cheaper to hold. On rewards, HDFC Bank MoneyBack+ earns 2 CashPoints per ₹200 on eligible spends while SimplyCLICK SBI Card earns 1 Reward Point per ₹100 on eligible spends. Both publish the same 3.5% forex markup. Neither card wins outright: the better choice depends on which accelerated categories match your spend, the monthly caps, the exclusions and issuer approval fit.
Source: CardMasters issuer-evidence catalogue, release 2026-08-01. Confirm final terms with the issuer.
| Feature | HDFC Bank MoneyBack+ | SimplyCLICK SBI Card |
|---|---|---|
| Issuer | HDFC Bank | SBI Card |
| Joining fee | ₹500 + GST | ₹499 + GST |
| Annual fee | ₹500 + GST | ₹499 + GST |
| Fee waiver | ₹50,000 annual eligible spend | ₹1,00,000 annual eligible spend |
| Base rewards | 2 CashPoints per ₹200 on eligible spends | 1 Reward Point per ₹100 on eligible spends |
| Accelerated routes | 20 CashPoints per ₹200, capped at 2,500 CashPoints/month | 10 Reward Points per ₹100 at currently listed exclusive online partners · 5 Reward Points per ₹100 on eligible other online spend |
| Reward exclusions | fuel, rent, wallet load, emi, govt, cash advance | fuel, rent, wallet load, government, digital gaming, cash advance |
| Forex markup | 3.5% | 3.5% |
| Domestic lounge | none | none |
| International lounge | none | none |
| Card networks | Visa, RuPay | Visa, Mastercard, RuPay |
| Best suited to | first card, online shopping, low spender | online shopping, first card, low fee |
| Issuer evidence | Checked 2026-08-01 | Checked 2026-07-28 |
Frequently asked questions
Is the HDFC Bank MoneyBack+ better than the SimplyCLICK SBI Card?
Neither is universally better. HDFC Bank MoneyBack+ charges ₹500 + GST a year and earns 2 CashPoints per ₹200 on eligible spends; SimplyCLICK SBI Card charges ₹499 + GST and earns 1 Reward Point per ₹100 on eligible spends. The better card is the one whose accelerated categories, caps and exclusions match your actual spending, after subtracting the annual fee and GST.
Which of the two has the lower annual fee, HDFC Bank MoneyBack+ or SimplyCLICK SBI Card?
SimplyCLICK SBI Card has the lower recorded annual fee at ₹499 + GST. A spend-based waiver may reduce the effective cost of the other card, so check the waiver threshold before deciding.
Which is better for international spending, HDFC Bank MoneyBack+ or SimplyCLICK SBI Card?
Both publish a 3.5% forex markup, so compare international reward eligibility and lounge access instead.
Can I hold both cards together?
Yes, provided each is approved on its own merits and you can pay both statements in full. Holding both makes sense only when their accelerated categories do not overlap; otherwise the second card adds an annual fee without adding rewards.