HDFC Bank Millennia Credit Card
Joining Fee: ₹1,000 + GST
Renewal Fee: ₹1,000 + GST
Reward Type: Cashback
Welcome Benefits
Bonus CashPoints: 1,000 CashPoints awarded on the successful realization of the joining fee.
Dining Benefits
Discount on Dining: Up to 20% off at partner restaurants when paying through the Swiggy app.
Quarterly Spend Milestone
Unlock gift vouchers worth ₹1,000 for every ₹1 lakh spent in a quarter, up to ₹4,000 annually. Achieving this milestone also waives the renewal fee for the following year.
Fuel Surcharge Waiver
Save on fuel purchases with a 1% waiver on transactions above ₹400 at petrol stations nationwide.
Renewal Fee Waiver
Spend over ₹1 lakh in an anniversary year to waive the renewal fee for the next year.
Cashback Rewards Program
The HDFC Millennia Credit Card offers cashback rewards in the form of CashPoints for both online and offline spends:
5% Cashback: Available on top 10 online merchants including Amazon, Flipkart, Zomato, Swiggy, Uber, Myntra, Tata CLiQ, Sony LIV, BookMyShow, and Cult.fit.
1% Cashback: Earn cashback on all other eligible online and offline transactions.
Maximum Cap: 1,000 CashPoints per category per billing cycle (maximum 2,000 CashPoints per cycle).
CashPoint Redemption Options
Redeem your earned CashPoints in multiple ways:
Against Credit Card Statement: 1 CashPoint = ₹1 (Minimum 500 CashPoints required).
For Flight/Hotel Bookings: 1 CashPoint = ₹0.30 via SmartBuy.
Product Catalogue: 1 CashPoint = ₹0.30 for shopping from the HDFC product catalog.
AirMiles: 1 CashPoint = 0.30 AirMiles.
Important Notes:
CashPoints expire after 2 years.
A ₹50 fee is applied per redemption request.
Exclusions For Cashback/CashPoints
Certain transactions do not qualify for cashback rewards:
Ineligible Categories: Fuel, Rent, EMI transactions, Wallet loading, Government-related payments, and Cash Advances.
No Reward Points on EMI Transactions and Wallet Loading: Effective from 1st September 2024.
Summary
The HDFC Bank Millennia Credit Card is a cashback-focused credit card designed for millennials, offering 5% cashback (as CashPoints) on popular online platforms like Amazon, Flipkart, Zomato, and more, and 1% cashback on other eligible spends. With an annual fee of ₹1,000 (waived on spending ₹1 lakh annually), the card provides solid perks, including welcome benefits of 1,000 CashPoints, dining discounts of up to 20% via Swiggy Dineout, and milestone rewards of ₹1,000 gift vouchers for every ₹1 lakh spent per quarter. CashPoints can be redeemed against the card’s statement balance, travel bookings, or products from HDFC's catalog. The card also offers a 1% fuel surcharge waiver and up to 50 days of interest-free credit. However, it excludes certain categories like fuel, rent, and EMI transactions from earning rewards. Overall, it's an excellent choice for online shoppers looking for cashback on major e-commerce platforms.