HDFC Bank Millennia Credit Card

By Rajat Gaur

Updated On April 27, 2023

A cashback credit by HDFC Bank, the HDFC Bank Millennia Credit Card targets the Gen-Y – the ‘90s kids or the millennials. The HDFC Millennia card is offered in four variants- Visa variant, MasterCard variant, Diners Club variant and RuPay variant. Being a basic credit card, this is placed at an annual fee of Rs. 1,000 (taxes extra).

Keeping its target customers in mind, HDFC Bank offers a 5% cashback on Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato and a cashback of 1% on all other online and offline spends. The cashback is processed as CashPoints which can be redeemed against the card’s statement balance, for flight/hotel reservations or for purchasing products from the HDFC product catalog. Also the card offers great gift vouchers up on meeting the milestone spend every quarter. It also offers dining discounts of up to 20% and fuel surcharge waiver as well. The cardholder can also enjoy the welcome benefits as well as the renewal fees waiver offer associated with the card.

Apart from the cashback, you also get complimentary lounge visits to the domestic airports in India. Keep reading our HDFC Bank Millennia Credit Card review to know more about the card, its offerings, fees and charges, and other information.

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(4.8/5)

Fee

Joining Fee

Rs. 1,000 (plus applicable taxes)

Renewal Fee

Rs. 1,000 (plus taxes).

Best Suited For

Shopping |

Reward Type

Reward Points

Welcome Benefits

1,000 CashPoints as a Welcome Benefit.

Rewards and Benefits

Movie & Dining

Up to 20% discount at partner restaurants with complimentary Swiggy Dineout

Rewards Rate

5% cashback (as CashPoints) at select partner online merchants and 1% cashback (as CashPoints) on all other spends (except fuel, rental, and govt. related transactions)

Reward Redemption

Rewards processed as CashPoints, 1 CP = Re. 1 while redeeming against statement balance of credit card and 1 CP = Rs. 0.30 while redeeming against products and vouchers in the product catalogue, and against flight/hotel booking.

Travel

8 Complimentary airport lounge access every year, 2 per quarter

Golf

N/A

Domestic Lounge Access

2 complimentary visits per quarter. (8 in a year)

International Lounge Access

N/A

Insurance Benefits

N/A

Zero Liability Protection

Zero liability of the credit cardholder in case of fraudulent transactions after you have reported about the loss or theft of the card to the bank.

Fees & Charges

Spend based Waiver

The renewal fee is waived off if the cardholder spends Rs. 1 Lakh or more in the previous year.

Rewards Redemption Fee

Rs. 99 per redemption request (plus applicable taxes)

Rewards Redemption Fee

Rs. 99 per redemption request (plus applicable taxes)

Foreign Currency Markup

3.5% (plus applicable taxes)

Interest Rates

3.6% per month (or 43.2% per annum)

Fuel Surcharge

1% Fuel surcharge which is waived if you spend minimum Rs 400 in single transaction. The maximum CashBack is capped at Rs. 250 per payment cycle.

Cash Advance Charge

2.5% of the transaction amount, subject to a minimum fee of Rs. 500

Add-on Card Fee

Nil

Product Details

1,000 CashPoints as a welcome benefit on card setup (subject to realization of the joining fee).
Gift vouchers worth Rs. 1000 on spending Rs. 1 Lakh or above in a quarter
5% cashback at select partner online merchants including popular e-commerce websites like Amazon and Flipkart.
1% cashback on all other spends except fuel, rental, and government spends
Up to 20% discount on partner restaurants via Swiggy Dineout
8 complimentary lounge visits every year (max 2 per quarter) at all domestic airports across India.
Renewal fee waiver on spending Rs. 1,00,000 in the previous year.

By Rajat Gaur

Updated On April 27, 2023

HDFC Millennia Credit Card – Key Highlights

Best Suited For	Shopping and Cashback
Joining/Annual Fee	Rs. 1,000
Eligibility Criteria	Minimum age – 21 years Minimum income – Rs. 35,000 per month
Benefits	Up to 5% cashback on selected categories & 1% cashback on all spends
Lounge Access	8 complimentary domestic lounge access every year
Cardinsider’s rating	4.8/5

HDFC Millennia Credit Card: The Most Popular Cashback Credit Card

HDFC Millennia Credit Card is the most popular and perhaps one of the best cashback credit cards present currently in the market of credit cards in India. What makes this card so popular is not only its high reward rate (up to 5% cashback as CashPoints on shopping at popular merchants like Amazon, Flipkart, Myntra, etc.) but also the high rate of redemption of Cash Points as cashback i.e. adjustment against the statement balance of credit card- 1 CashPoint = Re. 1 on adjustment against the card’s outstanding balance.

As the card gives you a reward rate of 5% on Amazon and Flipkart, you are essentially getting the benefit of both Amazon Pay ICICI as well as Flipkart Axis Credit Card (and much more) in one card.

The recently launched HDFC MoneyBack+ Credit Card is also a cashback-based credit card, but the redemption rate of CashPoints on MoneyBack+ card is 1/4th that of HDFC Millennia Card (1 CP = Rs. 0.25).

Another point that makes this credit card the most popular cashback credit card is that the monthly max capping on the cashback that can be earned on HDFC Millennia card is higher than most other cashback cards- 2,000 CashPoints per month (1,000 CashPoints at accelerated rate and 1,000 CashPoints at normal rate).

HDFC Millennia Credit Card Features and Benefits

Apart from the cashback benefit, HDFC Millennia Credit Card also offers many other benefits to the cardhoders. The benefits include bonus CashPoints as a welcome gift, complimentary airport lounge access, dining discounts, and many more.

Welcome Benefits

In the form of welcome benefits, the cardholders will receive 1,000 bonus CashPoints on the successful realization of the joining fee.

Travel Benefits

The cardholders will get 8 complimentary visits in a year to the domestic airport lounges with a maximum cap of 2 lounge visits per quarter with the HDFC Millennia Credit Card.

Dining Benefits

Up to 20% discount at partner restaurants with Swiggy Dineout Passport (applicable only for the first 3 months of card membership). Also, enjoy the Good Food Trail Dining program at premium restaurants across top cities, which includes:

An assured discount of 25% at 2000+ premium restaurants.
1+1 buffet at 200+ restaurants.
1+1 food/drinks at select restaurants.

These discounts won’t be valid on occasions like New Year’s day/eve, Christmas day/eve, and Valentine’s day. Also the benefits under the Dineout membership are available for the primary cardholder only. You can avail these offers with the Dineout app, and inform the restaurant about the membership and then avail the discounts by paying the bill.

Fuel Surcharge Waiver

1% of the fuel surcharge is waived on a minimum payment of Rs. 400 at all petrol stations across India (the waiver amount is capped at a maximum of Rs. 250 per payment cycle).

Joining and Renewal Fee Waiver

This credit card comes with an annual fee of Rs. 1,000 which is eligible for a waiver if the cardholder is able to spend an amount exceeding Rs. 1,00,000 in an anniversary year.

Interest-Free Credit Period

You can get around 50 days of interest-free credit period on the credit card from the day of purchase. This depends on when the merchants submits the charge.

Zero Liability Protection

Under this, a credit cardholder will not be liable for any fraudulent transaction that takes place through his card in case of loss or theft of card if he informs the bank about the same within 24 hours of such incident.

HDFC Millennia Credit Card Reward Points/Cashback:

The cashback that you get by transacting through HDFC Millennia Credit Card is posted as CashPoints to the card account. You can redeem these CashPoints against a variety of options (details below) including cashback (adjustment against the due balance on the card). HDFC Millennia Card earns you-

A cashback of 5% on partner online merchants- Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato.
A cashback of 1% on all other online and offline spends (like EMI and Wallet, Gift or Prepaid Card loads & Voucher Purchase transactions).

The CashPoints earned under the 5% and 1% categories are capped at 1,000 CashPoints per statement cycle each (max 2,000 CashPoints can be earned in a given statement cycle).

Exclusion on Rewards Points/Cashback

The following spend categories are not eligible to earn Cashpoints –

Fuel Spends
Rent payments and Govt Related transactions
Cash Advance
Payment of Outstanding Balances
Payment of card fees and other charges
Smart EMI / Dial an EMI transactions

HDFC Millennia Credit Card Reward Points / Cashback Redemption

As mentioned earlier, the cashback earned on HDFC Millennia Credit Card is credited as CashPoints to the card account at the end of the statement cycle. The CashPoints that you receive can be redeemed for a variety of options which includes cashback (i.e., adjusting them against the statement balance of the credit card), flight/hotel bookings via SmartBuy, product purchases from the bank’s catalog of products and partner airlines’ AirMiles.

Value of CashPoints on Redemption
Product Catalog	Flights/Hotels on Smartbuy	Cashback	Airmiles
Rs. 0.30	Rs. 0.30	Re. 1	0.30 AirMiles

A minimum of 500 CashPoints are required for redemption against the card’s statement balance.
CashPoints are valid only for 2 years and will expire thereafter.
You have to pay a reward redemption fee of Rs. 99 for every redemption request you make.

HDFC Millennia Credit Card Fees and Charges

Annual Fee: HDFC Millennia Credit Card comes with an annual fee of Rs. 1,000. The annual fee is eligible for waiver on spending a minimum of Rs. 1 lac in the preceding year.
Interest Rate: You have to pay an interest rate of 3.6% per month (or 42.3% p.a.) which is applicable to the amount due on the card’s statement if you are unable to clear all your dues by the payment due date.
Foreign Currency Mark-up: The cardholders will have to pay forex fee of 3.5% on the transacted amount. This fee is to be paid on all international transactions done using this credit card.
Cash Withdrawal Fee: 2.5% of the withdrawn amount or Rs. 500, whichever is higher, has to be paid as cash advance fee on all cash withdrawals made using this card.
Late Payment Fee: If you are unable to clear all your dues by the payment due date, apart from the interest rate, a late payment fee shall also be applicable as per the following slab-

Statement Balance	Late Payment Fee
Less than Rs. 100	Nil
Rs. 100 – Rs. 500	Rs. 100
Rs. 501 – Rs. 5,000	Rs. 500
Rs. 5,001 – Rs. 10,000	Rs. 600
Rs. 10,001 – Rs. 25,000	Rs. 800
Rs. 25,001 – Rs. 50,000	Rs. 1,100
More than Rs. 50,000	Rs. 1,300

Pros of HDFC Millennia Credit Card

You get a really high cashback of 5% at partner merchants including big names like Amazon, Flipkart, Myntra, Swiggy, Zomato, Uber and a few other popular brands.
Apart from the cashback benefit, you are also entitled to 8 complimentary lounge access at domestic airports across India- a benefit that you do not get with most entry-level credit cards.

Cons of HDFC Millennia Credit Card

The cashback earned on all other online/offline spends with the card- spends at non-partner merchants- is just 1%.
A max capping of 1,000 CashPoints per statement cycle is applicable on CashPoints earned at the 5X accelerated rate, while you can earn another 1,000 CashPoints on the card at the normal 1X rate in a given statement cycle. A total of a maximum of 2,000 CashPoints can be earned in a statement cycle, which is equivalent to a cashback of Rs. 2,000.

Who Should Sign Up for HDFC Millennia Card?

The HDFC Millennia card, as the name itself suggests, should be the card of choice for young professionals who plan to begin their credit journey and build a strong credit profile. HDFC Bank, keeping its target customers in mind, offers extra benefits on shopping from partner websites including Amazon and Flipkart.

Eligibility Criteria for HDFC Millennia Credit Card

The following table illustrates the income-based and age-based eligibility criteria for HDFC Bank Millennia Credit Card-

Criteria	Salaried Employees	Self-Employed Individuals
Age	21-40Years	21-40 years
Age	Minimum Rs. 35,000 per month	Minimum Rs. 6,00,000 per annum (as per ITR)

How to Apply for HDFC Millennia Credit Card

You can apply for HDFC Bank credit cards online on the bank’s official website. You need to-

Click on the Apply Now button on the top of this page
Click/tap on the “Sign Up” button under the Millennia Credit Card.
You will be redirected to HDFC’s credit card application page where you will need to fill up a form so that your application may be submitted.

Comparing with other cards

The Following table is the comparison of the HDFC Bank’s Millennia credit card with the similar credit cards.

	HDFC Millennia Credit Card	IDFC Millennia Credit Card	SBI SimplyCLIK Credit Card	Axis Bank Ace Credit Card
Reward Structure	Cashback (earned as CashPoints, redeemable for cashback – 1 CP = Re. 1)	Reward Points	Reward Points	Cashback
Reward Rate at partner merchant(s) (Amazon/Flipkart, etc.)	5% cashback (earned as CashPoints) at partner merchants including Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato. 1% cashback on all other online/offline spends. 1CP = Re. 1 as cashback, reward rate of 5% at partner merchants and reward rate of 1% at partner meerchants	3 Reward Points per Rs. 100 spent offline, 6 Reward Points per Rs. 100 spent online, 10 Reward Points per Rs. 100 on spends above Rs. 20,000. 1 Reward Point = Rs. 0.25, reward rate of 0.75% on offline spneds, reward rate of 1.25% on online purchases, reward rate of 2.5% on all spends above Rs. 20,000	10 Reward Points per Rs. 100 spent at partner merchants including Amazon, Cleartrip, BookMyShow, Dineout, Lenskart, Apollo24x7 and Netmeds. 5 Reward Points per Rs. 100 on all other online spends. 1 Reward Point = Rs. 0.25, reward rate of 2.5% at partner merchants and 1.5% on all other online spends	5% cashback on utility bill payments and mobile and DTH recharges. 4% cashback on Zomato, Swiggy and Ola. 2% cashback on all other spends with the card. No cashback on fuel spends, purchases converted to EMI, wallet reloads, purchase of gold items, cash advances, payment of the card’s outstanding balances, and payment of card fees and other card charges.
Reward Points/Cashback Maxcap	Max 1,000 CashPoints per month at 5X rate and 1,000 CashPoints per month at the regular 1X rate- total 2,000 Reward Points in a given statement cycle	No max cap applicable	Max 10,000 Reward Points can be earned in a month at accelerated (5X or 10X) rate	No max cap applicable
Additional Benefits	8 complimentary domestic airport lounge access every year. 20% discount on dining at partner restaurants.	4 complimentary railway lounge access per quarter. 25% discount on movie tickets (up to 25%) Up to 20% discount at over 1,500 restaurants across the country Lower interest rate (0.75% to 3% per month)	N/A	4 complimentary domestic airport lounge access. 20% discount at partner restaurant with Axis Bank’s Dining Delights program.
Annual Fee	Rs. 1,000 per annum, waived off on a minimum annual expenditure of Rs. 1 lac	Nil	Rs. 499 per annum, waived off on a minimum annual expenditure of Rs. 1 lac	Rs. 499 per annum, waived off on an annual expenditure of a minimum of Rs. 2 lacs.

Conclusion

HDFC Bank’s Millennia credit card, one can say, is the ideal card for someone who has just started working and loves to shop online. Not only that it gives you 5% CashBack on India’s most popular online shopping websites, Amazon and Flipkart. It is also one of the cards to vouch for building a solid credit profile. Like any other credit card, this card also requires you to maintain financial punctuality, otherwise, a debt trap at an early age can be really troublesome. Before you make your mind, however, it is worth checking Citibank’s Cashback credit card. It also offers pretty good Reward Points benefits. You may also have a look at the recently launched HDFC Bank MoneyBack Plus Credit Card.

These are our views on the HDFC Bank Millennia Credit Card. Do share your reviews on this card with us in the comment section below!

FAQs:

Is HDFC Millennia Credit Card lifetime free?

Although HDFC Millennia Card is not lifetime free (an annual fee of Rs. 1,000 is applicable), you can make the card lifetime free by activating SmartPay or One Assist or General Insurance or Balance Transfer on your card.

How to redeem HDFC Millennia CashPoints?

The CashPoints earned on HDFC Millennia Credit Card can be redeemed for cashback (adjustment against the card’s statement balance), purchasing products from the HDFC product catalog or for flight/hotel booking.

What is the limit on HDFC Millennia Credit Card?

Your credit limit is decided based on your income and a number of other factors including your credit score.

Can I withdraw cash with HDFC Millennia Credit Card?

Yes, you can withdraw cash from ATM with HDFC Millennia Credit Card. You will be charged a cash withdrawal fee of 2.5% of the withdrawn amount, subject to a minimum charge of Rs. 500.

How many domestic lounge access you get with this credit card?

The cardholders will get 8 complimentary visits in a year to the domestic lounges, subject to a maximum of 2 visits per quarter. With the HDFC Millennia Diners Club Credit Card, you get 2 complimentary international lounge access every quarter.

How can you contact the HDFC Millennia Credit Card customer care?

You can place a call on HDFC’s 24×7 toll-free helpline number 1800 266 4332, or you can also dial 1800 258 3838 on all days from 8 AM to 8 PM. Alternatively, you can also send an email at [email protected] mentioning your query/complaint.

What should I do if my HDFC Millennia Credit Card is lost?

If you ever lose your HDFC Millennia Credit Card or if it is stolen, you should report the loss to the bank as soon as possible by calling on their helpline number 1800 266 4332.

What is the charge for a cash advance on the HDFC Millennia Credit Card?

The cash advance fee on the HDFC Millennia Credit Card is 2.5% of Rs. 500 (whichever of the two is high).

HDFC Bank Millennia Credit Card