HDFC Bank Millennia Credit Card vs Amazon Pay ICICI Bank Credit CardHDFC Bank Millennia Credit Card vs Amazon Pay ICICI Bank Credit Card

HDFC Bank Millennia vs Amazon Pay ICICI Bank Credit Card

HDFC Bank Millennia Credit Card caters to frequent online shoppers, offering cashback, dining discounts, and travel benefits. With a Rs. 1,000 fee, it provides various perks. In contrast, Amazon Pay ICICI Bank Credit Card, a popular co-branded card, rewards Amazon Prime members with cashback on purchases. It extends benefits to non-Prime members as well, offering a 3% cashback on Amazon transactions and a 1% fuel surcharge waiver, all without any joining or renewal fees.

Features and Benefits of HDFC Bank Millennia Credit Card and Amazon Pay ICICI Bank Credit Card

HDFC Bank Millennia Credit Card:

  1. Tailored for millennials with frequent online transactions.
  2. 5% cashback on specific websites; 1% on offline spends.
  3. Welcome benefit, quarterly gift vouchers, and lounge access.
  4. Annual fee waived on Rs. 1,00,000+ spending.
  5. Fuel surcharge waiver and versatile CashPoints redemption.

Amazon Pay ICICI Bank Credit Card:

  1. Ideal for Amazon Prime members, offering varying cashback.
  2. 5% cashback on Amazon for Prime; 3% for non-Prime members.
  3. 2% cashback on various transactions, including partnered merchants.
  4. Dining discounts, fuel surcharge waiver, and first-fuel transaction cashback.
  5. Reward points as Amazon Pay Balance for flexible redemption.

Comparison between HDFC Bank Millennia Credit Card and Amazon Pay ICICI Bank Credit Card

HDFC Bank Millennia Credit Card:

  • Reward Rate: 5% cashback on partnered brands, 1% on other spends
  • Redemption: 1 CP = Rs. 0.30, Amazon Pay Balance for purchases
  • Fuel Surcharge Waiver: 1% up to Rs. 250
  • Welcome Benefits: 1,000 CP, Amazon Pay Balance Rs. 300 to Rs. 600
  • Milestone: Rs. 1,000 voucher for spending Rs. 1,00,000 per quarter
  • Lounge Visits: 8 domestic visits
  • Dining: Up to 20% off at partnered restaurants

Amazon Pay ICICI Bank Credit Card:

  • Reward Rate: 5% cashback on Amazon for prime, 3% for non-prime, 2% on partners
  • Redemption: RP’s to Amazon Pay Balance (1 RP = Re. 1)
  • Fuel Surcharge Waiver: 1% up to Rs. 250
  • Welcome Benefits: Amazon Pay Balance Rs. 300 to Rs. 600
  • No Milestone Benefits
  • No Lounge Visits
  • Dining: 15% off at partnered restaurants
  • No Joining/Renewal Fees
  • Eligibility: Salaried (min Rs. 25,000 income), self-employed (min Rs. 35,000 income)

Which credit card suits you best?

  1. HDFC Bank Millennia Credit Card:
    • Popular in India, offers lucrative cashback deals.
    • High redemption rate: 1 CashPoint = Re. 1 against outstanding balance.
    • Additional perks include 8 times/year complimentary access to domestic airport lounges.
  2. Amazon Pay ICICI Bank Credit Card:
    • Co-branded card with cashback benefits for spending.
    • 5% cashback for Amazon Prime members, 3% for non-Prime members on Amazon purchases.
    • 20% dining bill discount at partnered restaurants under the Good Food Trail Dining program.
  3. Choosing the Right Fit:
    • HDFC Millennia is versatile; Amazon Pay ICICI suits frequent Amazon shoppers.
    • Assess personal needs and spending habits before choosing a credit card.

Frequently Asked Questions (FAQs)

1. Q: What makes HDFC Bank Millennia Credit Card popular?

  • A: HDFC Millennia is renowned for lucrative cashback deals, high redemption rates, and additional perks like airport lounge access.

2. Q: What distinguishes the Amazon Pay ICICI Bank Credit Card?

  • A: Amazon Pay ICICI is a co-branded card with cashback benefits, offering 5% cashback for Prime members and 3% for non-Prime members on Amazon purchases.

3. Q: What are the additional benefits of HDFC Millennia Credit Card?

  • A: HDFC Millennia provides complimentary access to domestic airport lounges up to 8 times a year.

4. Q: Are there any discounts associated with Amazon Pay ICICI Credit Card?

  • A: Yes, cardholders enjoy a 20% discount on dining bills at partnered restaurants under the Good Food Trail Dining program.

5. Q: Which card is suitable for frequent Amazon shoppers?

  • A: The Amazon Pay ICICI Credit Card is ideal for those who frequently shop on Amazon.

6. Q: How does the redemption system work for HDFC Millennia Credit Card?

  • A: HDFC Millennia offers a redemption rate of 1 CashPoint = Re. 1 against the outstanding balance.

7. Q: What factors should I consider in choosing between these cards?

  • A: Assess your spending habits and needs; HDFC Millennia is versatile, while Amazon Pay ICICI suits frequent Amazon shoppers.

8. Q: Are there any annual fees associated with these credit cards?

  • A: Check the respective bank’s terms for information on annual fees and other charges.

9. Q: Can I use both cards simultaneously?

  • A: Yes, you can use both cards based on your preferences and spending patterns.

10. Q: How do I apply for either of these credit cards?

  • A: Visit the official websites of HDFC Bank and ICICI Bank to find the application process for the Millennia and Amazon Pay ICICI Credit Cards, respectively.

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