Check below for a comparison between HDFC Millennia vs Moneyback Plus Credit Card or HDFC Moneyback Plus Credit Card vs HDFC Millennia and find which is better –
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Overview of HDFC Millennia Credit Card
Positioned as a lucrative cashback option, the HDFC Bank Millennia Credit Card provides substantial advantages.
With this credit card, you stand to gain a 5% cashback on your online expenses, covering popular platforms such as Flipkart, Amazon, BookMyShow, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber, Zomato, and others.
The cashback, processed as CashPoints, provides versatile options like settling the card’s statement balance, booking flights/hotels, or shopping from HDFC’s product catalogue.
Meeting quarterly spending milestones unlocks appealing gift vouchers, complemented by dining discounts up to 20% and a waiver on fuel surcharges.
Welcome benefits, a renewal fee waiver, and complimentary lounge access at domestic airports in India enhance the cardholder’s perks.
Overview of HDFC Moneyback Plus Credit Card
The HDFC Bank MoneyBack Plus Credit Card is positioned as an improved version of the previously issued HDFC MoneyBack Credit Card.
Despite both cards featuring an identical joining and annual fee structure (Rs. 500), the MoneyBack+ card distinguishes itself with a higher reward rate.
Utilizing the MoneyBack Plus Card, every expenditure of Rs. 150 allows you to amass up to 20 cash points.
These CashPoints hold value as they can be redeemed against the card’s outstanding balance, a diverse product catalogue, Airmiles, and various other redemption options.
In addition to cashback incentives, reaching specific spending milestones unlocks gift vouchers valued at up to Rs. 2,000.
HDFC Millennia vs Moneyback Plus Credit Card
| Features/Charges | HDFC Millennia Credit Card | HDFC Moneyback Plus Credit Card |
|---|---|---|
| Joining Fees | Rs. 1,000 + tax | Rs. 500 |
| Annual Fees | Rs. 1,000 + tax | Rs. 500 |
| Welcome Benefits | Delight in the welcome rewards of 1,000 CashPoints. | Enjoy the welcoming gesture with 500 Cash Points as part of the introductory benefits. |
| Cashback / Rewards point | Get back 5% of your spending as cashback when you shop or use services online, including Flipkart, Amazon, BookMyShow, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber, Zomato, and similar platforms. | Receive 2 CashPoints for every Rs. 150 expended on retail acquisitions, benefit from a fivefold boost in CashPoints for EMI outlays at selected merchants, and garner an impressive tenfold increase in CashPoints when making purchases with partner brands. |
| Dining benefits | Receive a 20% off on dining at top-notch restaurants in different cities courtesy of the Good Food Trail Dining initiative. | Experience dining privileges with discounts of up to 15% at an extensive array of over 2,000 high-end restaurants. |
| Travel benefits | Access domestic lounges at no cost with a total of eight complimentary visits per calendar year, restricted to two visits in each quarter. | N/A |
| Annual fees waiver | Receive a renewal Joining Fees exemption by spending 1 Lakh annually, as a benefit of using this card. | If your expenditure reaches Rs. 50,000 or beyond in the previous year, the annual fee will be waived. |
| Fuel surcharge waiver | Get a 1% discount on fuel surcharge for transactions spanning Rs. 400 to Rs. 5,000. | Enjoy a 1% fuel surcharge waiver on every fuel transaction. |
MoneyBack Plus Credit Card Reward
Maximize your rewards with 10X CashPoints, earning a substantial 20 CashPoints for every Rs. 150 spent on Amazon, Flipkart, Big Basket, Reliance Smart Superstore, and Swiggy. Note that the bonus Cash Points in this category are capped at 2,500 points per month.
Opt for the 5X CashPoints opportunity, where you can accrue 10 CashPoints for every Rs. 150 spent, specifically on EMI transactions at selected merchant locations. This cashback offer extends to Merchant/EasyEMI, Aggregator EMI, and Brand EMI.
For regular spending, earn 2 CashPoints for every Rs. 150 spent, including transactions made through SmartPay, falling within this category.
It’s important to highlight that these valuable CashPoints remain valid for a duration of two years from the date of accrual. However, please note that no Cash Points are earned on fuel transactions, wallet reloads, and voucher purchases.
