HDFC Millennia Credit Card (2026) Review

The HDFC Bank Millennia is a cashback card aimed at young professionals with heavy e-commerce and food delivery spending. It carries a Credsir rating of 2.8 out of 5, computed on our published formula rather than assigned. It is one of several cards on our HDFC Bank credit card list.

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
Minimum income	₹4,20,000 a year
Minimum credit score	720+
Welcome benefit	1,000 CashPoints

Updated 15 Aug 2026 · hdfcbank.com

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

Charge	Amount
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 markup	3.50% + GST on the markup
Fuel surcharge waiver	Yes, 1% (capped)
Finance charge if you revolve	Typically 3.5% a month — about 42% a year

Updated 15 Aug 2026 · hdfcbank.com

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, and put your own spending through the card reward value calculator rather than trusting the headline rate.

Eligibility

Age	21–60 years (typical)
Income	₹4,20,000 a year
Credit score	720+
Documents	PAN, Aadhaar, income proof

The 720+ threshold is the practical gate on this card, so it is worth knowing where your credit score stands before you apply rather than collecting a rejection and a hard enquiry.

Compare with

Card	Issuer	Rating	Effective return	Annual fee
SBI Cashback Credit Card	SBI Card	3.2 / 5	4.2%	₹999
Tata Neu Infinity HDFC Bank Credit Card	HDFC Bank	3.2 / 5	2.8%	₹1,499
Axis Bank ACE Credit Card	Axis Bank	2.6 / 5	2.2%	₹499

On a straight cashback comparison the SBI Cashback Credit Card returns more for a similar fee, while the Axis Bank ACE Credit Card costs half as much for a slightly lower return.

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.