Millennia Credit Card
Card Details
Joining Fee:
Renewal Fee:
Card Type:
Reward Type:
Welcome Benefits:
Rewards & Benefits
Welcome Benefits
On spending INR 2,000 or more in the first sixty days, the user can get 2,000 reward points.
Milestone Benefits
annual fee reversal on spending inr 1,00,000 on the card.
Cashback Rate
cashback rate: 1. cashback rate: 1. cashback rate: 0.
Lounge Access
0
Movie Benefits
8
Dining Benefits
Other Benefits
reward system: users will get 10 points for spending of every inr 150 on dining, movies, departmental stores and grocery spending. value of 1 point = inr 0. 25. effective 6%. 1 reward points on all other spend per inr 150. effective general 25%. 1 reward point of inr 100 on all other spends. effective general 16%.
Fees & Charges
Joining Fee
On spending INR 2,000 or more in the first sixty days, the user can get 2,000 reward points.
Annual Fee
annual fee reversal on spending inr 1,00,000 on the card.
Cash Advance Fee
cashback rate: 1. cashback rate: 1. cashback rate: 0.
Interest rate
0
Late Payment Fee
8
Foreign Currency Transactions Fee
Other Fees
reward system: users will get 10 points for spending of every inr 150 on dining, movies, departmental stores and grocery spending. value of 1 point = inr 0. 25. effective 6%. 1 reward points on all other spend per inr 150. effective general 25%. 1 reward point of inr 100 on all other spends. effective general 16%.
Cons
Low general cashback rate.
Limited value add benefits.
No free lounge visits.
No free movie tickets.
Welcome Benefit: Users can get a gift voucher equivalent to the joining fee.
Reward System: 5% Cashback on Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato (Max cashback INR 1000 per month). 1% cashback on all other spends (except Fuel) including EMI & Wallet transactions (Max cashback INR 1000 per month). Upto 20% discount on partner restaurants via Swiggy Dineout.
Milestone Benefit: Users will receive INR 1000 worth of gift vouchers on spends of INR 1,00,000 and above in each calendar quarter. Customers can either claim the gift voucher or claim a free domestic lounge visit.
Annual fee waived off on spending INR 1 Lakh in 12 months.
Rewards & Benifits
Welcome Benefits
Users can get a gift voucher equivalent to the joining fee.
Rewards System
Users can get 5% cashback on Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato and 1% cashback on all other spends (except Fuel) including EMI & Wallet transactions. Upto 20% discount on partner restaurants via Swiggy Dineout.
International Forex Markup
3.5%.
Welcome Benefits and Reward System
Special Features
Reward System: 5% cashback on Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato (Max cashback INR 1000 per month). 1% cashback on all other spends (except Fuel) including EMI & Wallet transactions (Max cashback INR 1000 per month).
Eligibility Criteria
For Salaried
Indian national
Age: Min 21 yrs & Max 40 Yrs,
Income: Gross Monthly Income> ₹35,000
For Self Employed
Indian national
Age: Min 21 yrs & Max 40 Yrs, Income: ITR > ₹6.0 Lakhs per annum
Benefits
Good cashback.
Decent welcome benefit.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Eligibility Check: Check your eligibility on the HDFC Bank website or by calling their customer care.
Choose Your Variant: HDFC Millennia comes in various variants with different annual fees and reward rates. Choose the one that best suits your spending habits.
Apply Online: The easiest way to apply is online through the HDFC Bank website. You'll need to provide basic information, income details, and supporting documents.
Document Verification: HDFC Bank will verify your documents and credit score.
Card Approval: If approved, you'll receive your HDFC Millennia Credit Card within 7-10 business days.
Contact Details
Toll free no. 800 202 6161 / 1860 267 6161
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Welcome Benefit: Users can get a gift voucher equivalent to the joining fee.
Reward System: 5% Cashback on Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato (Max cashback INR 1000 per month). 1% cashback on all other spends (except Fuel) including EMI & Wallet transactions (Max cashback INR 1000 per month). Upto 20% discount on partner restaurants via Swiggy Dineout.
Milestone Benefit: Users will receive INR 1000 worth of gift vouchers on spends of INR 1,00,000 and above in each calendar quarter. Customers can either claim the gift voucher or claim a free domestic lounge visit.
Annual fee waived off on spending INR 1 Lakh in 12 months.
Low general cashback rate.
Limited value add benefits.
No free lounge visits.
No free movie tickets.
The HDFC Bank Millennia Credit Card is a good option for young professionals and millennials who spend frequently on the partnered categories like Amazon, Swiggy, and movies. The high rewards on these spends, welcome bonus, fuel surcharge waiver, and other benefits offer decent value. However, the limited reward scope, lower point value, limited redemption options, and annual fee requirements might discourage those with diverse spending habits, seeking wider benefit options, or desiring the highest possible point value redemption.
Millennia Credit Card
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining/Renewal Membership Fee – ₹1,000/- (Spend ₹1,00,000 or more in a year, before your Credit Card renewal date and get your renewal fee waived off )
Foreign Currency Transactions % Of transaction value: 2%
Reissue of Lost, Stolen or Damaged Card: ₹100
Outstation Cheque Processing Charge: For Cheque value upto ₹5,000 - ₹25 and for above ₹5,000 - ₹50
Add-on Card Fee: Lifetime Free
Late Payment Charges: Less than Rs. 100 – Nil Rs. 100 to Rs. 500 – Rs. 100 Rs. 501 to Rs. 5,000 – Rs. 500 Rs. 5,001 to Rs. 10,000 – Rs. 600 Rs. 10,001 to Rs. 25,000 – Rs. 800 Rs. 25,000 to Rs. 50,000 – Rs. 1,100 Above Rs. 50,000 – Rs. 1,300
Fuel Surcharge
1% fuel surcharge waiver at all fuel stations across India (on minimum transaction of ₹400 & maximum transaction of ₹5,000. Maximum waiver of ₹250 per statement cycle)
Billing Cycle
30 Days