HDFC Millennia Credit Card Review

HDFC Bank last year launched Millennia series of credit/debit/prepaid cards for Millennials and here we’re going to see a very detailed review of the HDFC Millennia Credit Card.

• Launch Offer: INR 1000 worth gift vouchers on spends of INR 1,00,000 and above in each calendar quarter (first year only).
• Launch/activation offer keeps changing with HDFC Bank, so check with the bank about the same while applying.

• That aside, the joining/renewal fee waiver conditions are pretty good for the card of this range.

• Note that HDFC usually gives most credit cards as First Year Free if you’re upgrading, and now during Diwali it seems they’re back with the Lifetime Free cards as well.

Reward Redemptions

• 1 CashPoint = INR 1 (for stmt credit)
• 1 CashPoint = INR 0.30 (for flight/hotel redemption)
• Redemption requirement: Min. of 2500 Points (for stmt credit)
• If you’ve followed all above rules to earn the rewards now you’ve another check-point to pass, as the minimum points required to redeem your points for statement credit is set to: 2500 reward points.

With this rule in place, combined with validity of points, hardly ~10% of the customers could actually redeem the points.

As a part of launch offer you get Rs.1K voucher every quarter on spending 1L. Fortunately fulfilment of this reward is pretty fast than expected. It came within ~2 weeks of completing the transaction.

For the rewards, they have quite a list of brands as below, but as always Amazon voucher is the best and it was available for instant redemption.