Check below for a comparison between HDFC Indianoil vs Millennia Credit Card or HDFC Millennia Credit Card vs HDFC Indianoil and find which is better –
In the expansive landscape of HDFC Bank credit cards, the choice between the HDFC IndianOil Credit Card and the HDFC Millennia Credit Card emerges as a strategic decision for individuals seeking tailored financial advantages.
The HDFC IndianOil Credit Card is crafted for those mindful of fuel expenditures, offering compelling benefits such as fuel surcharge waivers, rewards on fuel transactions, and additional discounts at IndianOil outlets.
On the other hand, the HDFC Millennia Credit Card is designed for the modern lifestyle, providing specialized benefits such as cashback on online shopping, travel expenses, and utility bills.
This comprehensive analysis delves into the distinctive features of each card, empowering users to make an informed decision based on their specific spending patterns, preferences, and lifestyle choices.
Whether you prioritize savings on fuel expenses or seek versatile cashback rewards, understanding the nuanced attributes of these HDFC credit cards will guide you toward the one that seamlessly aligns with your financial goals and individual aspirations.
Table of Contents
Overview of IndianOil HDFC Bank Credit Card
Earning fuel points through your purchases allows you to obtain up to 50 litres of complimentary fuel each year.
Furthermore, the card grants you access to the IndianOil XTRAREWARDS Program (IXRP), permitting you to redeem your fuel points at an attractive rate of 1 FP = Re. 0.96. This rate is highly advantageous.
Beyond fuel redemption, your earned points can also be used for products, vouchers, and various other categories.
The card does involve a modest joining fee of Rs 500, but this can be waived if you spend Rs 20,000 within the initial 90 days of obtaining the card.
Overview of HDFC Millennia Credit Card
Boasting several perks, the HDFC Bank Millennia Credit Card is a cashback option worth considering.
Utilizing this credit card allows you to enjoy a 5% cashback on online purchases, spanning platforms such as Flipkart, Amazon, BookMyShow, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber, Zomato, and others.
The cashback is converted into CashPoints, offering flexibility to offset the card’s statement balance, book flights/hotels, or make purchases from HDFC’s product catalogue.
Quarterly spending milestones unlock attractive gift vouchers, complemented by dining discounts up to 20% and a fuel surcharge waiver.
Welcome benefits and a renewal fee waiver enhance the cardholder experience, along with the added perk of complimentary lounge visits at domestic airports in India.
HDFC Indianoil vs Millennia Credit Card
| Features/Charges | IndianOil HDFC Bank Credit Card | HDFC Millennia Credit Card |
|---|---|---|
| Joining Fees | Rs. 500 | Rs. 1,000 + tax |
| Annual Fees | Rs. 500 | Rs. 1,000 + tax |
| Welcome Benefits | N/A | Reap the benefits that come with 1,000 CashPoints. |
| Cashback / Rewards point | Get 5% of your spending back as Fuel Points when you make purchases at IndianOil outlets, as well as on groceries and bill payments. For all other transactions, earn 1 Fuel Point for every Rs. 150 spent. This credit card boasts a reward rate that can reach up to 4.8%, making it an exceptionally beneficial choice for fuel and everyday expenditures. | Enjoy a 5% cashback reward when you make online transactions on platforms such as Flipkart, Amazon, BookMyShow, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber, Zomato, and others. |
| Dining benefits | Get a fivefold increase in reward points for dining with the use of this card. | Enjoy a 20% price reduction at high-end dining establishments across different cities through the Good Food Trail Dining program. |
| Travel benefits | N/A | Eight complimentary visits to domestic lounges are available to you each calendar year, with a maximum of two allowed in a quarter. |
| Annual fees waiver | If your annual spending on this card exceeds Rs. 1,50,000, the annual fee is automatically waived. | Attain a waiver on the annual fee when your spending reaches 1 Lakh, thereby offsetting the renewed Joining Fees for this card. |
| Fuel surcharge waiver | Make use of this card for transactions at fuel stations throughout India and experience a 1% fuel surcharge exemption, applicable on transactions exceeding Rs. 4000. | Receive a 1% waiver on fuel surcharge for transactions within the Rs. 400 to Rs. 5,000 range. |
