This HDFC Millennia Credit Card Ideal for those who spend a lot online with popular brands and prefer cashback rewards.
It offers decent benefits like lounge access and fuel surcharge waiver at a lower annual fee (potentially waived).
Joining and Annual fees
The HDFC Millennia Credit Card has joining and annual fees, but there is a way to waive the annual fee:
- Joining Fee: ₹1,000 (plus applicable taxes)
- Annual Fee: ₹1,000 (plus applicable taxes) – This fee can be waived if you spend ₹1 lakh or more in a year before your credit card renewal date.
Eligibility Criteria
Age: You must be at least 21 years old and less than 65 years old at the time of application.
Income
Salaried Individuals: Your minimum salary requirement is Rs. 35,000 per month.
Self-Employed Individuals: You need to show a minimum annual income of Rs. 6 lakh through your Income Tax Returns (ITR).
Employment Status: You can be either a salaried individual working with a reputed company or a self-employed professional.
Credit History: While HDFC doesn’t specify a minimum credit score requirement, having a good credit history with no defaults on existing loans or credit cards will increase your chances of approval.
Documents Required
During the application process, you’ll need to submit documents for verification, which include:
- Proof of Identity (PAN Card, Passport, Aadhaar Card, etc.)
- Proof of Address (Aadhaar Card, Passport, Utility Bills, etc.)
- Income Proof (Salary slips for salaried individuals or ITR documents for self-employed
Featues and benefits of HDFC Millennia Credit Card
HDFC Millennia Credit Card caters to millennials and young professionals with a combination of cashback rewards, lifestyle benefits, and some conveniences.
Cashback Rewards
5% Cashback on Top Online Brands: Earn the highest cashback rate (5%) on purchases made on popular online platforms like Amazon, Flipkart, Myntra, Swiggy, Zomato, and many more. There’s no minimum transaction value required to qualify for this benefit.
1% Cashback on Other Spends: You get 1% cashback on all other purchases made using your card, including offline transactions, wallet reloads, and even EMI payments. This offers some cashback benefit for almost all your spending habits.
Maximum Cashback Limit: There’s a maximum cashback limit of Rs. 750 per month across all categories.
Milestone Spends Benefit (Effective from December 1, 2023)
In each calendar quarter (Jan-Mar, Apr-Jun, Jul-Sep, Oct-Dec), if you spend Rs. 1 Lakh or more on your card, you can choose one of these benefits:
Complimentary domestic airport lounge access (Priority Pass) – Relax and unwind at select airport lounges before your flight.
Gift vouchers worth Rs. 1,000 from a list of partner brands – Treat yourself or your loved ones with vouchers from partner brands.
Other Benefits
Fuel Surcharge Waiver: Get a 1% waiver on fuel surcharge fees at all petrol pumps across India. The maximum waiver amount is Rs. 250 per billing cycle, applicable on transactions between Rs. 400 and Rs. 5,000.
Complimentary Airport Lounge Access: You get 8 complimentary domestic airport lounge visits per year. This benefit allows you to relax in a comfortable ambiance before your domestic flights.
Reward Points: HDFC offers a 1,000 bonus reward point on paying the joining fee. These points can be redeemed for statement credit or other rewards offered by HDFC.
Zero Lost Card Liability: In case your card gets lost or stolen, you won’t be liable for any fraudulent transactions if reported immediately.
Contactless Payments: Enjoy the convenience of contactless payments through your card at NFC-enabled terminals.
Smart EMI: Convert your high-value purchases into easy monthly installments with flexible repayment options.
Hidden Fees
Joining Fee: Rs. 1,000 (plus applicable taxes). However, the joining fee is reversed in the form of a gift voucher.
Annual Fee: Rs. 1,000 (plus applicable taxes). This fee can be waived off if you spend Rs. 1 lakh or more in a year before the renewal date.
Interest Rates: Interest charges apply on outstanding balances after the due date. Refer to HDFC’s website for the latest interest rate information.
Late Payment Fee: A late payment fee will be charged if you fail to make the minimum payment by the due date.
How to Apply?
- Visit HDFC Bank Website: Go to hdfcbank.com and find the credit card section.
- Find Millennia Credit Card: Look for the HDFC Millennia Credit Card among the options.
- Click “Apply Now”: Once you’ve found the Millennia card, click on the “Apply Now” button.
- Fill Out Form: You’ll be directed to an online application form. Fill it out with your personal details like name, address, contact information, income details, and employment information.
- Submit: After filling out the form, review the information you provided to ensure it’s accurate, then submit the application.
- Wait for Confirmation: After submitting, wait for confirmation from HDFC Bank regarding your application status.
HDFC Millennia Credit Card vs. HDFC Regalia Credit Card
| Feature | HDFC Millennia Credit Card | HDFC Regalia Credit Card |
|---|---|---|
| Rewards | Up to 5% Cashback on select online spends, 1% Cashback on all other spends (capped at Rs. 750 per month) | 4 Reward points for every Rs. 15 spent (convertible to cash or miles) |
| Welcome Bonus | Joining Fee reversal (voucher worth joining fee amount), Quarterly Spends Milestone benefit (Lounge access or vouchers) | Up to Rs. 2,500 worth of vouchers or complimentary memberships upon spending Rs. 1 lakh in 90 days |
| Annual Fee | Rs. 1,000 (waived if spends Rs. 1 lakh in a year) | Rs. 2,500 (plus applicable taxes) |
| Lounge Access | 8 complimentary domestic airport lounge visits per year | Complimentary domestic and international airport lounge access (limited visits) |
| Other Benefits | Fuel surcharge waiver (up to Rs. 250 per month), Contactless payments, Smart EMI | Higher credit limit, BookMyShow offers, Dining discounts, Global emergency assistance |
| Eligibility | Minimum salary Rs. 35,000 (salaried), Rs. 6 lakh annual income (self-employed) | Minimum salary Rs. 1 lakh (salaried) |
Who benefits most from this card?
HDFC Millennia Credit Card shines for online shoppers, budget-conscious individuals building credit, and occasional domestic travelers.
ideal for
Online Shoppers: Earn 5% cashback on popular online platforms like Amazon, Flipkart, Swiggy, Zomato, etc., making it rewarding for frequent online spenders.
Budget-Conscious Spenders: Get cashback on almost all purchases (monthly cap), ideal for those seeking rewards on everyday expenses. Annual fee waived with minimum spending.
Young Professionals with Average Credit: Less strict eligibility criteria compared to premium cards, perfect for building credit history while enjoying decent rewards.
Occasional Travelers: Enjoy complimentary domestic airport lounge access (8 visits per year), beneficial for those who occasionally travel and seek pre-flight relaxation.
