HDFC Bank Millennia Credit Card

The HDFC Millennia Credit Card was my initial foray into the world of credit cards. While I qualified for the HDFC Moneyback card as well, I opted for the Millennia card due to its appealing rewards structure, particularly for purchases from popular everyday brands such as Zomato, Amazon, Swiggy, Uber, and more. This card also provides the unique advantage of cashback on EMI payments and wallet reloads, a perk seldom found on entry-level credit cards. To gain insights into my firsthand encounter with the HDFC Millennia Credit Card, explore its comprehensive array of features spanning various categories.

Key Highlights of HDFC Bank Millennia Credit Card

1. Suitability: Ideal for Cashback and Online Shopping enthusiasts.

2. HDFC Millennia Credit Card Offers: Earn 1,000 rewards on membership payment.

3. HDFC Millennia Credit Card Salary Limits:

  • For Salaried Individuals: Minimum salary of Rs. 35,000 per month.
  • For Self-employed Individuals: Minimum Income Tax Return (ITR) of more than Rs. 6 lakh per annum.

4. HDFC Millennia Credit Card Renewal Fee: The annual renewal fee is Rs. 1,000.

Features and Benefits of HDFC Bank Millennia Credit Card

1. Welcome Benefits:

  • Cardholders receive 1,000 bonus CashPoints upon successful payment of the joining fee.

2. Travel Benefits:

  • Cardholders enjoy 8 complimentary domestic airport lounge visits per year, with a maximum of 2 visits per quarter using the HDFC Millennia Credit Card.

3. Dining Benefits:

  • Up to a 20% discount at partner restaurants via Swiggy Dineout Passport during the initial 3 months of card membership.
  • Access to the Good Food Trail Dining program at premium restaurants across top cities, including:
  • Assured 25% discount at 2000+ premium restaurants.
  • 1+1 buffet at 200+ restaurants.
  • 1+1 on food/drinks at select restaurants.
  • Note: Discounts are not valid on certain occasions (e.g., New Year’s day/eve, Christmas day/eve, Valentine’s day). Dineout membership benefits are applicable to the primary cardholder only, accessible via the Dineout app.

4. Fuel Surcharge Waiver:

  • Cardholders enjoy a 1% waiver on the fuel surcharge when the transaction amount at any Indian petrol station is a minimum of Rs. 400. The maximum waiver amount per payment cycle is Rs. 250.

5. Joining and Renewal Fee Waiver:

  • The annual fee for this credit card is Rs. 1,000, which can be waived if the cardholder spends over Rs. 1,00,000 in an anniversary year.

6. Interest-Free Credit Period:

  • Cardholders can avail of an interest-free credit period of approximately 50 days from the day of purchase, depending on when the merchant submits the charge.

7. Zero Liability Protection:

  • Under this feature, cardholders are not held liable for fraudulent transactions in the event of card loss or theft, provided they inform the bank within 24 hours of the incident.

HDFC Bank Millennia Credit Card Fees and Charges

  • Fee or Charge Amounts:
  1. Annual Charges: Rs. 1,000
  2. Joining Charges: Rs. 1,000
  3. Finance Charges: 3.6% per month / 43.2% per annum
  • Late Payment Fee (Based on Outstanding Amount):
  1. Less than Rs. 100: Nil
  2. Rs. 100 to Rs. 500: Rs. 100
  3. Rs. 501 to Rs. 5,000: Rs. 500
  4. Rs. 5,001 to Rs. 10,000: Rs. 600
  5. Rs. 10,001 to Rs. 25,000: Rs. 800
  6. Rs. 25,001 to Rs. 50,000: Rs. 1,100
  7. Over Rs. 50,000: Rs. 1,300

Eligibility criteria for the HDFC Bank Millennia Credit Card

1. Eligibility for Salaried Individuals:

  • Nationality: Indian
  • Age: Minimum 21 years and maximum 40 years
  • Income Requirement: Gross Monthly Income must exceed ₹35,000

2. Eligibility for Self-Employed Individuals:

  • Nationality: Indian
  • Age: Minimum 21 years and maximum 40 years
  • Income Requirement: Minimum Income Tax Return (ITR) of more than ₹6.0 Lakhs per annum

Documents Required for HDFC Bank Millennia Credit Card

1. Proof of Identity:

  • Driving Licence
  • Aadhaar card
  • Passport

2. Address Proof:

  • Ration Card
  • Voter ID
  • Passport
  • Aadhaar card

3. Income Proof:

  • Salary Slip
  • Form 16
  • IT Returns

How to apply for HDFC Bank Millennia Credit Card

Steps to Apply for the Millennia Credit Card:

  1. Visit HDFC Bank’s official website.
  2. Navigate to the HDFC credit cards page.
  3. Locate the “Sign Up” button next to the Millennia Credit Card and click on it.
  4. You will be redirected to HDFC’s credit card application page.
  5. Complete the application form on this page to submit your credit card application.

Frequently Asked Questions (FAQs)

1. What is HDFC Bank Millennia Credit Card?

HDFC Bank Millennia Credit Card is a credit card designed for the younger generation, offering a range of benefits including cashback, rewards, and discounts on various categories such as dining, shopping, and travel.

2. How can I apply for HDFC Bank Millennia Credit Card?

You can apply for the HDFC Bank Millennia Credit Card online through the HDFC Bank website or by visiting a branch. The application process is simple and involves providing personal and financial information.

3. What are the key features of HDFC Bank Millennia Credit Card?

Key features include cashback on shopping and online spends, rewards on various transactions, milestone benefits, fuel surcharge waiver, and discounts on dining and travel.

4. What are the eligibility criteria for HDFC Bank Millennia Credit Card?

The eligibility criteria may vary, but generally, individuals aged between 21 and 60 years with a stable income source are eligible to apply. Credit history and other factors also play a role in the approval process.

5. How can I check the status of my HDFC Bank Millennia Credit Card application?

You can check the status of your credit card application online through the HDFC Bank website. Alternatively, you can contact the customer care helpline for assistance.

6. What is the cashback feature on HDFC Bank Millennia Credit Card?

The card offers cashback on various categories such as shopping, groceries, and bill payments. The cashback is credited to the cardholder’s account, providing savings on everyday expenses.

7. Are there any annual fees associated with the HDFC Bank Millennia Credit Card?

The annual fee for the HDFC Bank Millennia Credit Card may vary. Some variants may have no annual fee, while others may have a fee that could be waived on meeting certain spending criteria.

8. How can I redeem the rewards earned on my HDFC Bank Millennia Credit Card?

Rewards earned on the card can be redeemed through the HDFC Bank rewards portal. The redemption options may include gift vouchers, merchandise, and discounts on partner outlets.

9. Is there a limit on the cashback or rewards that I can earn with the HDFC Bank Millennia Credit Card?

Yes, there may be a cap on the cashback or rewards earned, depending on the terms and conditions of the specific variant of the HDFC Bank Millennia Credit Card.

10. How can I contact HDFC Bank customer care for queries related to my Millennia Credit Card?
You can contact HDFC Bank customer care through the helpline number provided on the back of your credit card or on the official HDFC Bank website. Additionally, you can visit a nearby HDFC Bank branch for assistance.