hdfc moneyback to milliniea, suggesstion

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Deal Subedar
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I have hdfc moneyback credit card with points: 4608 ;

I have an upgrade option for HDFC millennia creditcard.
its annual fee is 1000 rs with waiver option on spending certain limits.
no joining fee – i guess.

my points is of worth
a) 922 rs cash credit or
b) 1000 rs flipkart voucher is available for 6660 points, which i dont have and not profitable than cash option.
c) or do i retain the reward points for millennia card ? (only 25% (Value of Reward Points remains the same on the upgraded Card.)) 25% of 4608, which is 1000 points…
so better i have to opt for a) 992 rs cashback for points, and then have to upgrade card to millennia…

Please suggest what to do… ?
previously i had regalia card, i hope millennia is better than regaila….

millennia : for 1st 6 months, extra 5% upto 1000 per month on shopping via payzapp/smartbuy on amazon/flipkart. next months onwards upto 750 per month.
online spends 2.5% upto 750 per month – including loading wallets
offline spends 1% upto 750 per month.

OR do i need to wait for any other best hdfc credit card ?
millennia, regalia,…..

19 Comments  |  
6 Dimers
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Community Angel
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CashBack Benefits
A. Earn up to 5% CashBack on all your spends with a maximum CashBack earning of ₹2,250 per month

  • As a launch offer, the maximum CashBack that can be accrued on your spends/shopping via PayZapp and SmartBuy will be ₹1000 per month for the first six months post issuance of the card
    Earn 5% CashBack on all spends/shopping via PayZapp and SmartBuy up to a maximum CashBack of ₹750 per month*. (Minimum transaction size to avail the CashBack is ₹2000)
  • Earn 2.5% CashBack on all online shopping/spends done on other websites or apps up to a maximum CashBack of ₹750 per month*. (Minimum transaction size to avail the CashBack is ₹2000)
  • Earn 1% CashBack on all offline spends, Wallet reloads , point-of-sale spends and other swipes up to a maximum CashBack of ₹750 per month*. (It is not applicable on fuel transactions. Minimum transaction size to avail the CashBack is ₹100)
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Community Angel
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_One_Miller_ wrote:

Don’t redeem points now.

Keep in mind – 2.5% cashback only on minimum transaction of 2000 and wallet transactions gives 1%.
Minimum 2500 needed for redemption

Missing
Deal Cadet
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after how much time/month u got offer to upgrade from moneyback to milliniea?

Missing
Deal Subedar
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Superdry wrote:

after how much time/month u got offer to upgrade from moneyback to milliniea?

I’m using this card for almost 3 years… Long back have seen regalia first card in upgrade section.
I didn’t opt coz it had higher renewal amount transaction, than 30k for money-back for a year.
Now needed 1% cb for offline transactions and wallet loading, this card is good one.

Missing
Deal Subedar
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Superdry wrote:

after how much time/month u got offer to upgrade from moneyback to milliniea?

I’m using this card for almost 3 years… Long back have seen regalia first card in upgrade section.
I didn’t opt coz it had higher renewal amount transaction, than 30k for money-back for a year.
Now needed 1% cb for offline transactions and wallet loading, this card is good one.

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Deal Newbie
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i am using MB card. i got regalia first upgrade but i didnt use beacuse need to 99 rs for reward redmption where as its free for MB. now i want to upgrade to Millenia but now i dont see any card upgrade in netbanking now. looks like hdfc is upset on me like my girlfriend as i didn’t shown up intrest earlier stuck_out_tongue_closed_eyes

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Deal Newbie
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dinesh4ever wrote:

i am using MB card. i got regalia first upgrade but i didnt use beacuse need to 99 rs for reward redmption where as its free for MB. now i want to upgrade to Millenia but now i dont see any card upgrade in netbanking now. looks like hdfc is upset on me like my girlfriend as i didn’t shown up intrest earlier stuck_out_tongue_closed_eyes

How much old ur MB card??

Missing
Deal Subedar
111
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54

To redeem points (cashback) in millennia card you need minimum 2500 points.
Maximum per month
750 points/cb for online
750 points/cb for offline.

For a year, need minimum to transact:
1,00,000 on online alone
Or 2,50,000 on offline alone
Or eg 60,000 online+ 1,00,000 offline.

If don’t meet this, then no % cb/points applicable for the entire year’s transactions.

No monthly/quarterly bonuses. No milestone bonuses.

SBI simply click has 1Lakh to waive off fee. (Amazon exclusive card)
Axis Flipkart has 2lakhs to waive off fee. (Flipkart exclusive card)

3 lakhs covered on these cards in a year.
If u can cope another 1 lakh online, then HDFC millennia card is good, else mb card is sufficient (as millennia doesn’t have any exclusivity)
@_one_miller_
@dinesh4everforu66

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