HDFC Bank Millennia
HDFC Bank · Checked 2026-10-11
HDFC Bank Millennia is a paid card focused on straightforward cashback, shopping rewards and online spending, charging ₹1,000 annually before GST.
CardIQ editorial view
Our take
HDFC Bank Millennia is a paid card focused on straightforward cashback, shopping rewards and online spending, charging ₹1,000 annually before GST.
Who it suits
- People who prioritise straightforward cashback.
- People who prioritise shopping rewards.
- People whose normal usage can recover the annual fee through relevant benefits.
Key strengths
- 5% CashBack Points on eligible partner merchants and 1% on other eligible spends.
Trade-offs to understand
- 5% CashBack Points on eligible partner merchants and 1% on other eligible spends; issuer caps, exclusions and redemption rules apply.
- The ₹1,000 annual fee plus GST needs to be justified by benefits you will actually use.
CardIQ verdict
It deserves a place on the shortlist when your normal spending makes 5% cashback points on eligible partner merchants and 1% on other eligible spends valuable enough to clear the fee. Factor in this condition: 5% CashBack Points on eligible partner merchants and 1% on other eligible spends; issuer caps, exclusions and redemption rules apply.
Compare before deciding
- IDFC FIRST Hello Cashback — A similarly priced alternative for comparing shopping rewards and online spending.
- RBL Bank Apex — A similarly priced alternative for comparing shopping rewards and online spending.
This CardIQ editorial assessment is maintained separately from issuer facts and commercial links. CardIQ may earn a commission from some applications. Verify current terms before applying.
Benefits, limits and conditions
- 5% CashBack Points on eligible partner merchants and 1% on other eligible spends; issuer caps, exclusions and redemption rules apply.
- Renewal fee reversal requires ₹1 lakh of qualifying annual spend.
- Benefits and eligibility remain subject to the current HDFC Bank product terms.