Not all credit cards are built for the day-to-day spender, it sometimes is attuned more to the one who buys their sneakers online, orders in more than they cook and sees “add to cart” as a reflex rather than a decision. While those cards offer great value in their own unique style, the HDFC Millennia Credit Card doesn’t try to be everything for everyone. It’s made for a very specific kind of user: digitally fluent and cashflow sensitive. The HDFC Millennia is a cashback credit card. Not rewards and points, just plain old redeemable cashback. It’s built for the young(ish) professional who knows the difference between “savings” and “offers that expire before your cart loads.”
The HDFC Millennia is for the Urban Millennials or Gen Z:
- Shops online more than they visit malls.
- Spends roughly ₹8,000–₹15,000/month digitally.
- Doesn’t want to manage rewards catalogs or convert points to coupons.
- Wants simplicity in benefits, but with decent returns.
Detailed Breakdown of the HDFC Millennia Credit Card
- Joining/Renewal Membership Fee: ₹1,000 plus taxes
- Renewal Fee Waiver: Waived on a spend of ₹1,00,000 or more in a year, before the renewal date.
Also read: Kotak Mahindra Revises Credit Card Charges – Here’s the Full Breakdown
Key Features
- Cashback
- 5% Cashback on Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato.
- 1% cashback on other expenses.
- ₹1000 worth gift vouchers on spends of ₹1,00,000 and above in each calendar quarter
- Cashback on the HDFC Millennia Credit Card is awarded in the form of CashPoints, not direct cash. These CashPoints can be redeemed in a few ways, but there are some rules to keep in mind:
- To redeem against the credit card statement, the cardholder needs at least 500 CashPoints, and they must request it manually.
- 1 CashPoint equals ₹1.
- CashPoints can also be used to book flights, hotels or shops from the SmartBuy Rewards Catalogue. In these transactions, 1 CashPoint equals ₹0.30.
- For flight and hotel bookings, only up to 50% of the booking value can be paid using points, and the rest must be charged to the credit card. There’s also a monthly cap of 50,000 points for such redemptions
- When it comes to redeeming for cashback, there’s a monthly limit of 3,000 CashPoints (as of February 2023).
- For select products or vouchers, users can redeem up to 70% of the total value using CashPoints, while the remaining must be paid via card.
- CashPoints expire after 2 years if not used so it’s best not to let them sit idle for too long
- Other Benefits
- Dining Privileges: Get 10% additional discount on Swiggy Dineout using coupon code HDFCCARDS. Special benefits for the Good Food Trail program.
- Smart EMI: HDFC Bank Millennia Credit Card comes with an option to convert your big spends into EMI after purchase.
- Interest Free Credit Period: Up to 50 days of interest free period from the date of purchase.
- Fuel Surcharge Waiver: 1% fuel surcharge waiver at all fuel stations across India, on minimum transaction of ₹400 & maximum transaction of ₹5,000. The maximum waiver is of ₹250 per statement cycle.
- Lounge Access: Lounge access is applicable if a user reaches the quarterly spending milestone of ₹1,00,000. Upon achieving the quarterly milestone, users can either opt for Dreamfolks airport lounge access voucher or a ₹1000 voucher from the available list of brands.
- Contactless Payments: HDFC Bank Millennia Credit Card is enabled for contactless payments, facilitating fast, convenient and secure payments at retail outlets.
- For one that is digitally active, spends consistently on e-commerce or food delivery apps, and has no patience for the drama of rewards programs, the HDFC Millennia Credit Card is the perfect no-brainer option.
Written by Teertha Ravi
