HDFC MIllenia Credit Card

Deal Subedar

Hi all

Recently, I got offer to upgrade my HDFC IOCL LTF Credit card to Millenia credit card (not LTF). The Millenia credit card is just free for 1st year & after that have to spend Rs. 1.00 lac annually for waiver of card fee of Rs. 1000/-+GST.

My annual spends through credit card are around 2.20 - 2.50 lacs. Now I am thinking Millenia is not so beneficial to me in the following scenario :-

  1. Currently owned HDFC IOCL CC (LTF) is used to buy GVs through Smartbuy for LIC/insurance payments etc.
  2. Having Amazon Pay ICICI card with prime a/c for 5% cashback from Amazon.
  3. Having Axis Ace card for 5% cashback on utility bill payments through Gpay. (I spend around 2 lac annually from this card for fee waiver of Rs. 499/-+GST)
  4. Having free Axis Bank IOCL, Myzone CC and ICICI Coral CC. 
  5. Having HDFC Millenia Debit card. 
  6. I buy Myntra GVs for 15% discount & Flipkart GVs at 5-7% discounts from Trading section of Desidime.

Kindly share your opinions: Is it still beneficial me to close the HDFC LTF CC and get the Millenia credit card?

We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
Top Comments
Deal Subedar Deal Subedar
Link Copied

I use millennial, every quarter my spends go above 1L and I get reward points +1K gv per quarter.

14 Dimers
  • Sort By
Deal Subedar Deal Subedar
Link Copied
anantnitish wrote:
Old card rewards was transferred the next day my card showed on hdfc app
Paid cc bill on Amazon (transection also settled) but no rewards received
For tata Plus card as soon as the transaction used to get settled i used to receive neucoins
Paid bill for ICICI?
Beacon Beacon
Link Copied
sendhil.warrior304 wrote:

Anyone noticed Amazon recharge is coming as merchant name for recharge, I think this 5% cashback on recharge may stop now on millennia credit card

Update got correct 5% cashpoints

Click here to reply