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HDFC Millennia is now dead

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Deal Cadet
kunalcc

After the devaluation of millennia credit card by HDFC, does it mean millennia is dead now?

Nobody is going to spend 1 lakh quarterly to access just 1 airport lounge. The annual fees of Rs 1000 is not at all justified. There is capping of Rs. 1000 cashback monthly. User has to spend minimum 10k on partner brands to get cashback of Rs. 500

Is there any news of such devaluation by Tata HDFC cards?

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Deal Lieutenant Deal Lieutenant
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1) There is no min spent limit to earn cashback, you can spend 100rs on amazon and still get 5rs cashback in a month

2) If you have avg usage of amazon/flipkart and don't have sbi cb cc then millenia is very useful as it gives 5% on all spends on amazon/fk and some other sites too

3) most people have it as ltf
4) It's majorly used to get 5% on az/fk rather than lounge access, so no change in that

Conclusion: Millenia CC is not dead yet

Benevolent Benevolent
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Most Of The People Are Getting Millennial As LTF And U Are Not Considering 5% Cashback....


Very Few People Visit Airport.


Not Dead.

Generous Generous
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@ashish0193 I know but that's fair and easily achievable by paying CC bills from HDFC Bill Pay
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Deal Lieutenant Deal Lieutenant
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1) There is no min spent limit to earn cashback, you can spend 100rs on amazon and still get 5rs cashback in a month

2) If you have avg usage of amazon/flipkart and don't have sbi cb cc then millenia is very useful as it gives 5% on all spends on amazon/fk and some other sites too

3) most people have it as ltf
4) It's majorly used to get 5% on az/fk rather than lounge access, so no change in that

Conclusion: Millenia CC is not dead yet

Super Stud Super Stud
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in summary - 

images

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Benevolent Benevolent
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Most Of The People Are Getting Millennial As LTF And U Are Not Considering 5% Cashback....


Very Few People Visit Airport.


Not Dead.

Deal Cadet Deal Cadet
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Now Annual Fees of Millenia is not justified at all, Rs. 1000 + GST is too much. There is capping of 1000 rupees cashback monthly. If you have to buy something worth more than 20k, you will not earn cashback. For 5% category you have to spend 10k minimum to get the cashback. Now lounge access also gone, HDFC thinks their millennia customers are like Ambani, who can spend more than 1 Lakh rupees quarterly. Millenia, if not dead, now in ICU. Even SBI cashback card now looks good. Also with half annual fees, Swiggy HDFC card even looks better in front of Millenia.

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Finance Ninja Finance Ninja
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User has to spend minimum 10k on partner brands to get cashback of Rs. 500 ??

Deal Cadet Deal Cadet
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Bro, that is still better than chorupay 😂
Deal Cadet Deal Cadet
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For lounge access. Yes.. 

other than that.. 5% on important ecom sites .. 1% on others and 1k voucher if you hit 1L in a quarter (effectively making it 6% + 2% if you can spend 60k @ 5% + 40k @ 1%)

And most people have it LTF... and if not, hitting the 1L/year milestone is pretty do-able to have the fee waived off.

also, it helps with the HDFC offers which keep coming up often...


Its an entry level card.. its pretty decent for what it is. 

Deal Cadet Deal Cadet
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"60K @ 5%"?? I think the CB is 5% upto 1K for 5% partners and 5% upto 1K for smartbuy, so doesn't it make 20K purchase limit to get the max. 2K CB for 5% Category?
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Helpful Helpful
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+1% cashback even on emi

Generous Generous
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Aayn

Generous Generous
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Only for devaluation on airport lounge access, one can't say Millennia CC is dead.

Infact, Millennia CC was never ever mentioned for airport lounge access because that's not even the USP of the card.

For lounge access, better to look out for cards like IDFC First Bank Select/Wealth CC. Even HDFC Platinum DC gives domestic airport lounge access (2 per quarter) and the list of accepting airports should be similar.

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Benevolent Benevolent
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Now we can sell the airport lounge as well.
Finance Mentor Finance Mentor
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If one is wanting to use a basic cc like millennia for lounge access, HDFC is right in wanting that user to give them enough transactions to make that freebie worth it. Get some other ccs which gives lounge access easier.

Millennia specialises in giving 5% cashback, it’s doled out LTF most of the times. Now if you are paying yearly fees it’s your fault.

Any knowledgeable CC user will take millennia CC for its 5% feature not that lounge feature, which you are HARPING about.

Nopes Millennia CC is very attractive, at least while it’s still giving 5% for every txns on amazon and more.

Deal Cadet Deal Cadet
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Thats what I said, If anybody got millenia with annual fees, either ask customer care to convert to LTF or close the card.

Having HDFC millenia with annual fees is loss for customers now

Helpful Helpful
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What is the trick for getting Millenia cc as LTF?

Talk-Of-The-Town Talk-Of-The-Town
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I haven't got any email about the devaluation. So can't use it for airport lounge access anymore? I barely do 10k per year on it after getting sbi cb cc

Deal Lieutenant Deal Lieutenant
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What will the cb on buying 1k product on Amazon via smartbuy ?

Post Tycoon Post Tycoon
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Screenshot2023-11-16123428

If one cant spend 1k also in an year for millenea they should be away everything else is same and good, 5% on fk/amzn is wonderful one 

Deal Cadet Deal Cadet
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How much CB you get for emi purchases directly on Flipkart through millenia cc

Hunk Hunk
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5% for Amazon for sure.  Not sure about Flipkart though
Hunk Hunk
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How is it dead joy joy ? , I never used its lounge benefits and still it is the best credit card for me. Please choose your title after giving some thoughts expressionless expressionless .

Deal Subedar Deal Subedar
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Exactly, you cannot say it's dead because of just longue access. If you want longue access get any rupay debit card and use in airports. This is the best card for me with better cashback rewards and I downgraded from regalia to this card and converted points to cash.

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