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HDFC Bank · Visa

HDFC Bank Millennia Credit Card

5% cashback on Amazon, Flipkart, Swiggy, Zomato and other partner merchants

2.8/5
Best for young professionals with heavy e-commerce and food delivery spending
At a glance
Joining fee
₹1,000
Annual fee
₹1,000 + GST
Fee waived at
₹1,00,000 annual spend
Effective return
2.4%
Forex markup
3.50%
Lounge access
8 domestic · 0 international
Min. income
₹4,20,000/yr
Min. credit score
720+
Check your eligibility

On HDFC Bank’s secure site. Checking eligibility is a soft enquiry.

Our verdict

A sensible first or second card. The caps mean the realistic return is closer to 2.4% than the advertised 5%, but at a ₹1,000 fee that is still comfortably positive.

How we scored it

Credsir rating
2.8/5
Rewards
2.4
Fees
4.8
Perks
0.8
Accessibility
4.2

Rewards carry 40% of the weight, perks 25%, fees 20% and accessibility 15%. The score is computed from the fields above, not assigned. See the full method on our methodology page.

What works, what does not

What works
  • Covers the merchants young Indian households actually use
  • Low fee, waived at ₹1 lakh annual spend
  • Includes quarterly domestic lounge access at this price point
What does not
  • Accelerated cashback capped at ₹1,000 per quarter per category
  • Only 1% on everything outside partner merchants
  • CashPoints redemption against statement is capped

The full cost

ChargeAmount
Joining fee₹1,000
Annual fee₹1,000
GST on annual fee (18%)₹180
Total annual cost₹1,180
Fee waiver threshold₹1,00,000 annual spend
Forex markup3.50% + GST on the markup
Fuel surcharge waiverYes, 1% (capped)
Finance charge if you revolveTypically 3.5%/month — about 42% a year

Data as of 15 Aug 2026Source: hdfcbank.comPending issuer verification

Worth knowing.The 18% GST on the annual fee is the number most comparisons quietly omit. A ₹2,500 card actually costs ₹2,950 a year. Factor that in before deciding whether the rewards clear the bar.

Is the fee worth it for you?

Put in your actual spending. The calculator works out the net value after the fee and its GST — the number that decides whether this card pays you or costs you.

₹1,000₹50,000₹50 L
01.5%15
₹0₹2,500₹1 L
₹0₹2,500₹5 L
₹0₹0₹2 L
Net value per year (ongoing)
₹6,050
  • Rewards + perks75%
  • Fee25%
Annual spend
₹6,00,000
Rewards earned
₹9,000
Annual fee incl. 18% GST
₹2,950
Net value in year 1
₹8,550
Effective return on spend
1.01%
Monthly spend to break even
₹16,389

What this means.A genuine 1.01% return. Remember the GST on the annual fee — most comparisons forget it, and it is 18% on top of the sticker fee.

Compare with

Worth knowing.Effective reward rate is our own blended estimate for a typical spend mix — not the accelerated rate an issuer advertises on one category. Annual fees are shown before the 18% GST that is charged on top. Verify current terms on the issuer’s site before applying; card terms change without notice.