Check below for a comparison between the HDFC Millennia credit card vs HDFC Bank Freedom credit card or the HDFC Bank Freedom credit card vs HDFC Millennia credit card and find which is better –
In the dynamic world of credit cards, HDFC presents two notable choices—the HDFC Millennia Credit Card and the HDFC Bank Freedom Credit Card.
Each card caters to distinct spending patterns and lifestyle preferences, making the decision between them crucial.
The HDFC Millennia Credit Card is crafted for the modern consumer, offering tailored rewards on both online and offline transactions, coupled with exclusive benefits for shopping and travel.
In contrast, the HDFC Bank Freedom Credit Card is designed to provide flexibility and savings with its cashback rewards across various categories.
This comprehensive comparison explores the nuances of rewards programs, fees, and additional perks, empowering you to make an informed decision that aligns seamlessly with your financial goals and lifestyle choices.
Read on to uncover the unique advantages each card holds, guiding you towards a credit card that complements your individual preferences and spending habits.
Table of Contents
Overview of HDFC Millennia credit card
Standing out for its cashback benefits, the HDFC Bank Millennia Credit Card is a preferred choice.
Utilizing this credit card enables you to earn a 5% cashback on online purchases, covering a wide range of platforms such as Flipkart, Amazon, BookMyShow, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber, Zomato, and others.
Processed as CashPoints, the cashback feature provides versatility, enabling adjustments to the card’s statement balance, flight/hotel bookings, or purchases from HDFC’s product catalogue.
Quarterly spending milestones unlock attractive gift vouchers, complemented by dining discounts of up to 20% and a fuel surcharge waiver.
Welcome benefits, a renewal fee waiver, and complimentary lounge access at domestic airports in India contribute to the cardholder’s comprehensive perks.
Overview of HDFC Bank Freedom credit card
Geared towards first-time credit cardholders, the HDFC Bank Freedom Credit Card stands out as an entry-level option.
Priced at a reasonable annual fee of Rs. 500, cardholders can also sidestep the renewal fee by reaching a minimum annual spend of Rs. 50,000.
The card operates on a Reward Points system, granting users 1 Cash Point for every Rs. 150 spent, and extra cash points on transactions with partners like BookMyShow, OYO, BigBasket, and various other popular brands.
Furthermore, the card features an attractive introductory offer, providing a low interest rate of 0.99% for the initial 90 days following card activation.
HDFC Millennia credit card vs HDFC Bank Freedom credit card
| Feature/Charges | HDFC Millennia Credit Card | HDFC Freedom Credit Card |
|---|---|---|
| Joining Fees | Rs.1,000 + tax | Rs. 500 + Taxes |
| Annual Fees | Rs. 1,000 + tax | Rs. 500 + Taxes |
| Welcome Benefits | Revel in the advantageous features of possessing 1,000 CashPoints. | Following the successful completion of the joining fee payment, you’ll receive a generous welcome bonus of 500 Cash Points. |
| Cashback / Rewards point | Secure a 5% cashback on purchases made online, including Flipkart, Amazon, BookMyShow, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber, Zomato, and other similar platforms. | Accumulate 1 CashPoint with each Rs. 150 spent universally, receive a fivefold boost in Cash Points for EMI transactions made at merchant outlets, and seize a phenomenal 10 times the Cash Points on transactions involving Big Basket, Swiggy, BookMyShow, and other partners when utilizing this credit card. |
| Dining benefits | Seize the chance to receive a 20% discount at top-tier restaurants in cities via the Good Food Trail Dining initiative. | Avail yourself of dining discounts up to 15% at more than 2,000 restaurants by using the Dineout service. |
| Travel benefits | Benefit from eight complimentary domestic lounge accesses per calendar year, limited to two visits in any given quarter. | N/A |
| Annual fees waiver | Secure a fee exemption for the annual renewal Joining Fees when you spend 1 Lakh, courtesy of this card. | If a total of at least Rs. 50,000 was spent in the previous year, the annual fee will be waived. |
| Fuel surcharge waiver | Enjoy a 1% discount on fuel surcharge for transactions between Rs. 400 and Rs. 5,000. | There is no 1% fuel surcharge applied to any fuel transactions*. |
