HDFC Bank Millennia Credit Card as the name suggests has been designed to target the millennials who shop quite frequently on the online platform. This credit card is offered by HDFC Bank in 4 variants – Visa, MasterCard, Diners Club, and RuPay. It is a cashback credit card that provides the cardholders with cash back on every spend that they make using this credit card. The cardholders will get Cash Points as a welcome benefit to this credit card. You are also entitled to avail of discounts on your dining bills while you pay using this credit card. In the form of travel benefits, you will get complimentary access to the domestic airport lounges. Additionally, the cardholders will also get a fuel surcharge waiver while they purchase fuel using this credit card. To avail of the benefits of this credit card, the cardholders will have to pay a joining and renewal fee of Rs. 1,000 which can be waived on the basis of the amount that you spend using this credit card.

hdfc millennia credit card vs icici amazon pay credit card

On the other hand, the Amazon Pay Credit Card by ICICI Bank is a co-branded credit card for which Amazon India and ICICI Bank entered into a collaboration on the Visa Platform. This card has become quite popular in the market, especially amongst people who frequently shop online. This card offers amazing cashback to Amazon Prime members while they make their purchases on the Amazon website or mobile application. This card provides you with Amazon Pay Cashback which is credited into your Amazon Pay Balance. It not only benefits the prime members but the non-prime members can also enjoy a cashback of 3% on their purchases through Amazon. You will also get a fuel surcharge waiver of 1% while you pay for fuel transactions using this credit card. Without charging any joining or renewal fee, this card offers great cashback deals to all its customers.

Both the credit cards are cash-back credit cards and provide some exclusive deals to their customers. Apart from providing cashback to their customers, they also provide some other benefits such as complimentary lounge access, discount on dining bills, etc. Keep reading the article to learn more about the features and benefits of the individual cards so that it becomes easier for you to choose between the two cards.

HDFC Bank Millennia Credit Card

By millennials, we mean the generation born after the 1990s. HDFC Millennia credit card has been specially designed for the millennial generation who spend very frequently on online transactions. The cardholders will get higher cash back when they spend on some specific websites such as Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber, and Zomato and a cashback of 1% while you spend on offline spends. You will also get Cash Points when you pay the joining fee on the credit card. Also, the cardholders will get gift vouchers when on a quarterly basis when you achieve the milestone spends. Apart from the cashback, this card also provides you with domestic lounge access which makes it even more famous amongst the youngsters. Placed at an annual fee of Rs. 1,000 plus applicable taxes, this card comes with various features that are discussed in this article below –

  • 1,000 CashPoints as a welcome benefit on the successful payment of the joining fee of the credit card.
  • The cardholder gets to enjoy a cashback of 5% while shopping on online partner merchants – Amazon, BookMyShow, Zomato, Cult.fit, Flipkart, Uber, Myntra, Swiggy, Tata CLiQ, and Sony LIV (capped at 1,000 points per statement cycle)
  • 1% cashback on all online and offline spends including fuel (capped at 1,000 points per statement cycle)
  • Enjoy up to 20% discount at partnered restaurants with complementary Dineout Passport membership
  • On spending Rs. 1,00,000 or more in each calendar quarter, you get a gift worth Rs. 1,000 per calendar quarter
  • With HDFC Bank Millennia Credit Card, you get 8 complimentary domestic lounge access. (2 visits per quarter)
  • The annual fee of Rs. 1,000 will be waived off on spending of Rs. 1,00,000 or more in the previous year.
  • You are entitled to a 1% fuel surcharge waiver on a minimum and maximum transaction of Rs. 400 and Rs. 5,000 respectively. (The surcharge waiver is capped at Rs. 250 per statement cycle)
  • The CashPoints earned with HDFC Bank Millennia Credit Card can be redeemed against various categories –
Against Products & Vouchers in Product Catalogue Against Flights and Hotels via SmartBuy Against AirMiles Against Cash
1 CP = Rs. 0.30 1 CP = Rs. 0.30 1 CP = 0.30 AirMiles 1 CP = Re. 1

 

Amazon Pay ICICI Bank Credit Card

The ICICI Amazon Pay Credit Card resulted from the partnership between ICICI Bank and Amazon Ltd. It has become the first choice credit card for applicants who are Amazon Prime members as well as this card provides a higher cashback while shopping on Amazon. The non-prime members will get a little lesser cashback while they spend on Amazon. It has become a popular cashback credit card as this credit card provides some exclusive deals to the credit cardholders without charging any joining and renewal fees from them. Not only this, but it also provides you with amazing welcome benefits, discounts on your dining bills, etc. Following are the detailed features and benefits that come along with this credit card –

  • The cardholder is rewarded with an Amazon Pay Balance of Rs. 300 to Rs. 600. This Amazon Pay Balance as a welcome gift keeps on changing.
  • The Amazon Prime members will get a cashback of 5% while they shop on Amazon India. This cashback of 5% will not be applicable to any other country-specific domain.
  • The non-prime members will get a cashback of 3% on their purchases from Amazon India. This cashback will also not be applicable to any other country-specific domain.
  • You will get a cashback of 2% for all the payments made for purchasing books, bill payments, mobile and DTH recharges, booking flights, movie or bus tickets, and loading the balance to Amazon Pay Wallet.
  • You get 2% cash back on purchases made from 100+ partnered merchants with Amazon.
  • 1% cashback on all other online and offline transactions except on the payments made towards fuel.
  • With the Amazon Pay ICICI Bank credit card, you can enjoy a minimum of 15% off on your dining bills at all the partnered restaurants under the ICICI Bank Culinary Treats Program.
  • The cardholder is entitled to a 1% fuel surcharge waiver on fuel transactions at all fuel stations in India. The maximum transaction towards fuel can be Rs. 4,000.
  • Additionally, you get a 5% cash back on the first fuel transaction of the month. The transaction has to be a minimum of Rs. 2,000 and the maximum cashback that you will get in a month is Rs. 150.
  • The reward points earned with the Amazon Pay ICICI Bank Credit Card are automatically credited as Amazon Pay Balance into the Amazon Pay Wallet at the end of each payment cycle.
  • 1 Reward Point = Re. 1 Amazon Pay Balance = Re. 1
  • The Amazon Pay Balance can be used to make any type of purchase on Amazon or can be used to purchase any product from the partnered merchants who accept Amazon Pay as a payment method.

Quick Comparison

Now that we have discussed the features of both the cards individually, let us now have a quick comparison between HDFC Bank Millennia Credit Card and Amazon Pay ICICI Bank Credit Card –

Basis HDFC Bank Millennia Credit Card Amazon Pay ICICI Bank Credit Card
Reward Rate
  • 5% cashback while shopping online at partnered brands
  • 1% cash back on all other online and offline spends
  • 5% cashback for prime members while shopping on Amazon
  • 3% cashback for non-prime members while shopping on Amazon
  • 2% cashback on partner merchants
  • 1% cashback on all other transactions except fuel
  • 5% cashback on the first fuel transaction of the month
Reward Redemption
  • 1 CP = Rs. 0.30 for redemption against flight and hotel bookings and against products present in the Product Catalogue
  • 1CP = 0.30 AirMiles for redemption against AirMiles
  • 1CP = Re. 1 for redemption against cash
  • RP’s are transferred to Amazon Pay Balance and can be used to purchase products on Amazon or pay the partner merchants.
  • 1 Amazon Pay Balance = Re. 1
Fuel Surcharge Waiver
  • 1% limited to Rs. 250 per payment cycle
  • 1% waiver on a maximum transaction of Rs. 4,000
Welcome Benefits
  • 1,000 CP on the realization of joining fees
  • Amazon Pay Balance of Rs. 300 to Rs. 600
Milestone Benefits
  • Gift voucher worth Rs. 1,000 upon spending of Rs. 1,00,000 or more in each calendar quarter
  • NA
Lounge Visits
  • 8 domestic lounge visits, limited to 2 per quarter
  • NA
Dining Benefits
  • Up to 20% off at partnered restaurants with complimentary Dineout Passport Membership
  • 15% off on dining bills at partnered restaurants under the ICICI Bank Dining Delights Program
Joining Fee
  • Rs. 1,000 + Taxes
  • NIL
Renewal Fees
  • Rs. 1.000 + Taxes

(Spend-based reversal of renewal fee on spends of Rs. 1 Lakh or more in the previous year.)

  • NIL
Eligibility
  • Issued to either salaried or self-employed individual.
  • Minimum salary Rs. 35,000 per month and Age between 21-60 years in case of a salaried individual.
  • Minimum ITR of Rs. 6 Lakhs and Age between 21 – 65 years in case of a self-employed individual.
  • Issued to salaried and self-employed individuals
  • If the applicant is an ICICI Bank Customer, he should have a minimum monthly income of Rs. 25,000
  • If the applicant is a non-ICICI Bank customer, he should have a minimum monthly income of Rs. 35,000

Bottom Line

HDFC Bank Millennia Credit Card is one of the most popular credit cards in the Indian market that provides great cashback deals to credit cardholders. This credit card is quite popular in the market not just because of its high rewarding criteria but also because of its high redemption rate as this credit card provides a value of 1 CP = Re. 1 when the cash points are redeemed against the card’s outstanding balance. Additionally, this credit card also offers some additional benefits such as complimentary access to the domestic airport lounges up to 8 times a year. On the other hand, the Amazon Pay ICICI Bank Credit Card is a co-branded credit card that provides credit cardholders with cashback while they spend using these credit cards.

The Amazon Prime Members will get a cashback of 5% while they shop on the Amazon website or application while the non-prime members get a cashback of 3% while they shop on the Amazon website or application using the Amazon Pay Credit Card. Also, the cardholders will get a discount of 20% on the dining bills while dining at the partnered restaurants under the Good Food Trail Dining program. Though both the credit cards are cash-back credit cards the Amazon Pay ICICI Bank Credit Card will be quite suitable for those who shop frequently on Amazon while the other one is a generic credit card. The cardholders should identify their needs and spending pattern before applying for a credit card.

We have tried out best to explain the benefits and features of both credit cards but if there still exists any confusion, please feel free to ask us in the comment section below!

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