Synopsis: This article compares the Amazon Pay ICICI and HDFC Millennia credit cards based on their cashback, reward points, and other benefits. Find out which card offers the best value.
In 2026, online shopping still dominates the spending habits of users in India, making cashback credit cards more valuable than ever. Let’s look at the two best cashback credit cards in the market – Amazon Pay ICICI vs HDFC Millennia.
A Comparison table on Amazon Pay ICICI vs HDFC Millennia.
Amazon Pay ICICI credit card
About the card: the Amazon Pay ICICI credit card is a co-branded credit card, partnered with Amazon which was launched in 2018. Since its launch, the card has been one of the largest co-branded cards in India, retaining the core USP of 5% on unlimited cashback on all Amazon purchases.
Fees and charges
- Joining/annual fee: Nil
- Interest rate: 3.75% p.m.
- Forex mark-up rate: 1.99%
- Late payment fee: Rs 100 to Rs 1,300.
- Card type: co-branded cashback credit card
Key features and benefits
- Dining benefit: a complimentary 1-month membership with Eazydiner Prime.
- Prime membership: Rs 500 off on Amazon Prime membership.
- Welcome benefit: rewards up to Rs 2,000 on card activation.
- Cashback benefit:
- Amazon shopping: 100% cashback up to Rs 100.
- Electricity bill payment: 20% cashback up to Rs 100.
- Prepaid recharge: 50% cashback up to Rs 50.
- Postpaid recharge: 25% cashback up to Rs 500.
- Broadband bill payment: 25% cashback up to Rs 400.
- Gas cylinder payment: 10% cashback up to Rs 250.
- Amazon pharmacy: flat Rs 200 cashback.
Rewards structure
- 5% cashback for Amazon prime members on eligible purchases. 3% cashback for non-prime members.
- 2% cashback with the card for using partner merchant sites.
- 1% unlimited rewards on spends outside amazon.
HDFC Millennia Credit Card
About the card: the HDFC Millennia Credit Card is one of the most popular cashback credit cards that offer 5% cashback across various merchant websites. The credit card is designed as an entry-level card, frequently used by millennials.
Fees and charges
- Joining/annual fee: Rs 1,000 + taxes
- Annual fee waiver: annual fee waived off at spending Rs 1 lakh in the previous year.
- Interest rate: 3.75% (annualized at 45% per annum)
- Late payment fee: Rs 100 to Rs 1,300.
- Card type: cashback credit card
Key features and benefits
- Welcome benefit: 1,000 cashpoints on paying joining fee.
- Milestone benefit: 1 complimentary lounge access at domestic airport per quarter or brand voucher worth Rs 1,000 on spending Rs 1 lakh in a quarter.
- Dining benefit: up to 10% off on dining bills via Swiggy Dineout.
- Fuel benefit: 1% fuel surcharge waiver across all fuel stations in India from Rs 400 to Rs 5,000.
- Cashback benefit:
- 5% cashback: Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato.
- 1% cashback: on other expenses.
Cashback redemption:
- Redemption against statement balance: 1 cashpoint = Rs 1.
- Redemption against flight/hotel bookings: 1 cashpoint = Rs 0.30.
- Redemption against product catalogue: 1 cashpoint = Rs 0.30.
- Redemption against Airmiles: 1 cashpoint = Rs 0.30.
Amazon Pay ICICI vs HDFC Millennia: which card is better?
The Amazon Pay ICICI credit card stands out the best for online shoppers, especially customers loyal to Amazon, being a Prime member. The card has a zero annual fee along with a 5% cashback on Amazon purchases for prime members and 3% cashback for non-prime members and 2% cashback on Amazon Pay merchant websites. This card is strongly recommended if you are a user who would like to spend time with the Amazon ecosystem.
The HDFC Millenia credit card is a good option for online shoppers with broader options on merchant partners. The card offers 5% cashback on many big e-commerce sites like Amazon, Flipkart, Swiggy, Myntra and other partners, plus 1% on other spends.
Conclusion
For online shoppers in 2026, the Amazon Pay ICICI credit card is a valuable option due to its lifetime free membership and uncapped cashbacks. This card is best suited for users who prefer shopping from Amazon, within their ecosystem. The HDFC Millennia can still be considered if the user prefers their shopping from a broader choice of options from online shopping.
Written by Atin Kevin
