6HHDFC BankHDFC Millennia₹1,000/yr · IN

A pile of shiny gold coins — Photo: Anthony Aird / Unsplash

Cash Back · India

HDFC Millennia Credit Card

4.4 / 5 editorial score

A popular cashback card aimed at young, online-first shoppers. You earn 5% back as CashPoints at Amazon, Flipkart, Swiggy, Zomato, Myntra and more, plus 1% everywhere else. Low fee, easy to get, and the rewards land where Gen Z actually spends.

#6 of 8 · Cash Back · India #14 of 34 · All India cards

Annual fee₹1,000/yr

IssuerHDFC Bank

NetworkVisa

Welcome offer1,000 CashPoints on fee realization

Interest rate3.75% a month (45% a year), per HD…

Foreign fee3.5% markup on foreign currenc…

Who qualifiesGood

Why it ranks

Strong cashback on the exact apps young users live on
Low annual fee, easily waived on Rs.1 lakh spend
Quarterly milestone vouchers add up
Quarterly milestone can be taken as a domestic lounge voucher

What holds it back

Monthly caps limit how much 5% cashback you can earn
High forex markup makes it weak for international use
1% base rate is just average

All India rankings

Advertiser disclosure: we may be paid if you apply through our links. Ratings are editorial. Confirm today's terms on the issuer's site — offers change.

Our verdict

Why the HDFC Millennia Credit Card ranks where it does

Millennia is a solid everyday cashback card for people who shop on the big consumer apps, held back by tight monthly caps. It pays 5% on ten merchants, Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato, and 1% on most other spends, both as points worth ₹1 each against the statement.

The caps are what to plan around. Each rate is limited to 1,000 points per calendar month, so the 5% tier stops paying after ₹20,000 of spend on those merchants and the 1% tier after ₹1 lakh elsewhere. Statement-credit redemptions are themselves capped at 3,000 points a month and need a 500-point minimum, which rarely matters at this level. Fuel, EMI, wallet loads, rent and government payments earn nothing.

The fee is ₹1,000 plus taxes, waived on ₹1 lakh of annual spend, and a ₹1,000 gift voucher arrives for each calendar quarter with ₹1 lakh of spend. That quarterly voucher is worth as much as the fee, so a user spending ₹4 lakh a year gets ₹4,000 in vouchers on top of cashback. Keep a different card for bills and fuel, which earn nothing or little here.

Good fit if

Heavy users of Amazon, Flipkart, Swiggy, Zomato, Myntra and Uber
People spending about ₹1 lakh a quarter who can collect the vouchers
Anyone wanting cashback redeemable at ₹1 a point

Skip it if

Spenders far above ₹20,000 a month on the 5% merchants, where the cap bites
People who pay mostly rent, fuel or government bills

Worked example

Assume ₹15,000 a month on the ten 5% merchants and ₹20,000 on other eligible spends. The first earns 750 points and the second 200, 950 points a month, inside both 1,000-point caps. Over a year that is 11,400 points, worth ₹11,400 as statement credit at HDFC's ₹1 rate, which is the floor value rather than an inflated one. Quarterly spend of ₹1.05 lakh earns four ₹1,000 vouchers, and ₹4.2 lakh a year waives the ₹1,000 fee: about ₹15,400 in total.

How it stacks up

The Swiggy HDFC Bank card pays 10% on Swiggy and 5% on a wide list of online categories for half the fee, with caps set per billing cycle rather than per calendar month. The Axis ACE is better for bill payers, with 5% on Google Pay utility payments and 1.5% on everything else. Millennia stays the stronger pick for spread-out app spending plus quarterly vouchers.