IDFC FIRST Millennia Credit Card vs HDFC Millennia
Compare published earn rules, redemption choices and annual fees below. A cash-value winner is not calculated for this pair because the reward model does not yet cover both products.
IDFC FIRST Millennia Credit Card
Listed annual fee: ₹0 before GST. Lifetime free
10X on eligible dining and travel (1.25%), 3X on most eligible spends (0.375%), 1X on utilities/insurance/railways/FASTag (0.125%) · 1 point = ₹0.25 Current product page also lists 10X on international purchases; the previously displayed October 26 cessation is not supported by the current page. Optional personalised cards/add-ons and FIRST Digital have separate charges.
Decision checklist
- Match the earn categories to your merchants, not just a headline multiplier.
- Compare the redemption option you will actually use and its charges.
- Count renewal fees unless your normal eligible spend meets the waiver.
HDFC Millennia
Listed annual fee: ₹1,000 before GST. Spend over ₹1L in the year before renewal for annual-fee waiver
5% CashPoints on 10 listed online merchants (₹1,000 per calendar-month cap); 1% on other eligible spends (separate ₹1,000 per-month cap); statement redemption 1 CashPoint = ₹1. The current card-specific terms state no minimum transaction value; merchant IDs and settlement timing govern eligible posting.
Decision checklist
- Match the earn categories to your merchants, not just a headline multiplier.
- Compare the redemption option you will actually use and its charges.
- Count renewal fees unless your normal eligible spend meets the waiver.
How to choose
Use the lower-fee option when the extra benefits would go unused. A higher-fee card needs enough additional redeemable rewards or usable benefits to cover its incremental cost. Do not treat points from different issuers as equal cash amounts.