HDFC Bank India’s largest credit card provider, recently launches HDFC Millennia Credit Card for users. HDFC bank Launches this card to counter Axis Bank Flipkart Credit Card and Amazon Pay ICICI Credit card
Millennia Credit Card is powered by MasterCard and enable to Pay via NFC.
It comes with beautiful blue color with clip art design. The design is eye catching. So let’s talk about the features and benefits of the card.
Features of HDFC Millennia Credit Card:
Key features:
- 5% CashBack on Amazon, Flipkart, Flight & Hotel bookings on shopping via PayZapp and SmartBuy (minimum transaction size of ₹2000)
- 2.5% CashBack on all online spends (minimum transaction size of ₹2000)
- 1% CashBack on all offline spends and Wallet reloads (Minimum transaction size of ₹100)
Other Features:
- 8 Complimentary Domestic Airport Lounge access annually
- 1% Fuel surcharge waiver
Welcome and Milestone benefits
- Launch offer of ₹1000 worth gift vouchers on spends of ₹1,00,000 and above in each calendar quarter for first year only.
- You will receive a Welcome Benefit/Renewal Benefit of 1000 Cash Points (applicable only on payment of membership fee)
- Your first year’s membership fee will be waived off if you spend ₹30,000 and above in the first 90 days
- Your renewal membership fee will be waived off if you spend ₹1,00,000 and above in the first year
Fees and charges applicable on the Millennia Credit Card
Joining Fees – ₹1000 + Applicable Taxes, Renewal Membership Fee – ₹1000 + Applicable Taxes.
Spend ₹1,00,000 in 12 Months and get Renewal Fee waived for next renewal year.
Know the features and benefits of the Millennia Credit Card
1. CashBack Benefits
A. Earn up to 5% CashBack on all your spends with a maximum CashBack earning of ₹2,250 per month
- As a launch offer, the maximum CashBack that can be accrued on your spends/shopping via PayZapp and SmartBuy will be ₹1000 per month for the first six months post issuance of the card
- Earn 5% CashBack on all spends/shopping via PayZapp and SmartBuy up to a maximum CashBack of ₹750 per month*. (Minimum transaction size to avail the CashBack is ₹2000)
- Earn 2.5% CashBack on all online shopping/spends done on other websites or apps up to a maximum CashBack of ₹750 per month*. (Minimum transaction size to avail the CashBack is ₹2000)
- Earn 1% CashBack on all offline spends, Wallet reloads, point-of-sale spends and other swipes up to a maximum CashBack of ₹750 per month*. (It is not applicable on fuel transactions. Minimum transaction size to avail the CashBack is ₹100)
- All CashBack benefits are also applicable on EMI transactions.
B. Accumulate & Redeem your CashBack as CashPoints
- CashBack will be given in the form of CashPoints, which can be redeemed by the customer against the statement balance (on request only).
- The redemption against the statement balance will be at the rate of 1 CashPoint = ₹1
- The minimum CashPoint balance required for redemption against the statement balance is 2500 CashPoints, redeemable in multiples of ₹500 only.
- CashPoints can also be used for redemption against travel benefits like Flight & Hotel bookings and Rewards Catalogue at the SmartBuy Rewards Portal, at a value of 1 CashPoint = ₹0.30.
- Unredeemed CashPoints will expire/lapse within 1 year of accumulation
- Redeem CashPoints at the conversion rate of 1 CashPoint = ₹0.30
2. Fuel Surcharge Waiver
1% Fuel Surcharge waived off on fuel transactions.(Minimum transaction of ₹400, Maximum CashBack of ₹250 per statement cycle)
3. Complimentary MasterCard/Diners Club/Visa Lounge Access Program
For Lounge visits within India, HDFC Bank Millennia Credit Card Primary Cardholders can avail 8 complimentary lounge access per calendar year (twice in a quarter) through HDFC Bank Millennia Credit Card – MasterCard/Diners Club/Visa Credit Card Lounge program. Please swipe your Millennia Credit Card to avail the complimentary lounge access. A transaction of ₹2 will be charged on your Card for the Lounge Access.
4. Exclusive Dining Privileges
Experience the Good Food Trail Dining program at premium restaurants across top cities.
5. Contactless Payment Technology
The HDFC Bank Millennia Credit Card is enabled for contactless payments, facilitating fast, convenient and secure payments at retail outlets.
Bottomline
If you are an online shopper it’s good for you but not worthy. Axis Bank Flipkart Credit card and Amazon Pay ICICI Credit card will be better than this.