Key Details
₹4.0L
Min Income (Annual)
Rewards
5% cashback on Amazon/Flipkart/Swiggy via SmartBuy; 2.5% on online; 1% offline
Best For
Online shopping and food delivery
Lounge Access
4 domestic lounge visits/year
Fuel Surcharge Waiver
1% on ₹400-5000 transactions
Crediya's Verdict
HDFC Millennia is a solid all-rounder for millennials who shop online frequently. The 5% cashback on major platforms is excellent, and the low forex markup makes it decent for international transactions. Note the recent markup change from 1% to 1.8% — still competitive but no longer the best. The ₹1000/month cashback cap limits power users.
Pros
✓ 5% cashback on Amazon, Flipkart, Swiggy
✓ 2.5% on all online transactions
✓ 1% on offline spends
✓ Low forex markup of 1.8%
✓ 4 complimentary lounge visits/year
Cons
✗ Cashback capped at ₹1000/month
✗ ₹1000 annual fee with no easy waiver
✗ Reward rate recently nerfed from 5% to 2.5% on some categories
Hidden Fees & Charges
⚠ Late payment fee: ₹500-1100
⚠ Cash advance fee: 2.5% (min ₹500)
⚠ Forex markup recently changed to 1.8% (was 1%)
⚠ Reward redemption minimum: 2500 points