HDFC Bank
HDFC Millennia
Cardmember
CARD COMPARE MEMBER
Official Bank References:
HDFC Millennia Credit Card Review
Ideal Category: ShoppingJoining Fee
₹1,000
Annual Fee
₹1,000
Lounge access
Domestic / International
Forex Markup
3.50% of the transaction value.
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Card Overview & Suitability
Who should get this card
Consumers looking to optimize rewards in their specific category (cashback, shopping, or lifetime free) and who can meet annual waiver milestones.
Who should avoid this card
Spenders who carry high monthly balances or carry card debt (due to high interest rates).
Fees & Key Charges
Official fee schedule as detailed in the Most Important Terms and Conditions (MITC).
| Fee Parameter | Charge / Milestone | Description |
|---|---|---|
| Joining Fee | ₹1,000 | Charged on card issuance (often offset by welcome vouchers). |
| Annual Maintenance Fee | ₹1,000 | Billed annually starting from the second year onwards. |
| Annual Fee Waiver Limit | Waived on annual spends of ₹1,00,000 or more in the previous year. | Required spending target in the previous year to waive renewal costs. |
| Foreign Currency Markup | 3.50% of the transaction value. | Markup charged on cross-border payments or foreign site checkouts. |
| Finance / Interest Charges | 3.60% per month (43.20% per annum). | Annualized interest rate applied to outstanding balances and new transactions. |
Reward Rates & Accelerator Rules
Maximize points accumulation by routing spends to partner e-commerce platforms.
Base Rate
General Spends
1% cashback as CashPoints on general online/offline shopping, wallet loads, and select bills.
Accelerator
SmartBuy & Partner Accelerator
5% cashback as CashPoints on partner platforms (Amazon, Flipkart, Swiggy, Uber, Zomato). Capped at ₹1,000/month.
Redemption
CashPoint Redemption
Redeemable as card statement credit (1 CashPoint = ₹1). Minimum redemption ledger of 500 CashPoints required.
Exclusions
Capped Categories
Rent payments, fuel, government transactions, and fuel surcharge waivers do not earn points.
Pros & Cons Breakdown
Unbiased analysis highlighting advantages and critical limitations.
Pros & Key Benefits
- Excellent 5% return on popular daily partner sites including Amazon and Flipkart.
- Low annual fee waiver limit of ₹1 Lakh.
- CashPoints can be adjusted directly against your outstanding balance (1 CashPoint = ₹1).
Cons & Drawbacks
- CashPoints expire after 1 year if unused.
- 5% cashback capped at ₹1,000 total per calendar month across partner sites.
- Lounge access now conditional on meeting quarterly spending requirements.
Eligibility Requirements
Documents Required
Card-Specific FAQs
CardCompare India is not a bank or credit card issuer. The approval of credit card applications, credit limit assignments, interest rates, and fee waivers are decided solely by the respective bank based on CIBIL verification and internal criteria. All terms displayed here are sample data pending verified confirmation; please check the Respective Bank website for official terms before applying.