vs
In short: HDFC MoneyBack has the lower annual fee (₹500 vs ₹1,000); both charge a 3.5% forex markup.
| Key facts | HDFC Millennia | HDFC MoneyBack |
|---|---|---|
| Annual fee | ₹1,000 | ₹500 |
| Joining fee | ₹1,000 | ₹500 |
| Annual fee waived | On ₹1 lakh annual spend | On ₹50,000 annual spend |
| Top reward rate | 5% cashback on Amazon, Flipkart, Swiggy and 7 more | 2X Reward Points per ₹200 on Online Spends |
| Base rewards | 1% Cashback on All Other Spends | 2 Reward Points Per ₹200 |
| Forex markup | 3.5% | 3.5% |
From issuer benefit data, checked 4 Nov 2026. Milestones, welcome benefits and caps are in the full table below.
On ₹20,000 a month with ₹5,000 at each card's top rate, HDFC Millennia returns about ₹3,550 more a year after annual fees (₹4,800 vs ₹750 in rewards).
| Spend profile | HDFC Millennia | HDFC MoneyBack |
|---|---|---|
| Reward value: top rate / base rate | 5% / 1% | 0.5% / 0.25% |
| ₹20,000 a month, all general spends | ₹2,400 | ₹600 |
| ₹20,000 a month, ₹5,000 of it at each card's top rate | ₹4,800 | ₹750 |
| Annual fee | ₹1,000 | ₹500 |
Estimates from the earn rates above, with stated cashback caps applied, before exclusions. Reward points are valued at the card's best listed redemption (often travel or vouchers via the bank's portal); cash-back on the statement is usually worth less. Annual fees may be waived on spend (see the table below).
The Hdfc Bank Millennia Credit Card Visa and the HDFC Bank MoneyBack Credit Card both offer cashback and reward points with different fee structures and reward focuses. The Millennia card emphasizes higher cashback rates on popular online platforms, while the MoneyBack card provides reward points with accelerated earnings on online spends. Both cards have similar forex markup fees and fuel surcharge waivers but differ in joining fees, renewal fees, and milestone benefits.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
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| Feature | Hdfc Bank Millennia Credit Card Visa | HDFC Bank MoneyBack Credit Card |
|---|---|---|
| Bank | HDFC Bank | HDFC Bank |
| Network | Visa | Visa |
| Joining fee | Joining Fee of Rs.1000 | Joining Fee of Rs.500 |
| Annual / renewal fee | Renewal Fee of Rs. 1000 | Renewal Fee of Rs.500 |
| Annual fee waiver | Spend Rs.1 Lakh For Renewal Fee Waiver | Spend Rs.50000 For Renewal Fee Waiver |
| Top reward rate | 5% cashback on Amazon, Flipkart, Swiggy and 7 more | Earn 2X Reward Points per Rs.200 on Online Spends |
| Base rate (other spends) | 1% Cashback on All Other Spends | Earn 2 Reward Points Per Rs.200 |
| Fuel surcharge waiver | 1% Fuel Surcharge Waiver | 1% Fuel Surcharge Waiver |
| Welcome benefit | Welcome Benefit - Rs.1000 CashPoints | Welcome Benefit - 500 CashPoints |
| Milestone benefit | Rs.1000 Worth Gift Vouchers on Spends of Rs.1 Lakh | Get Rs.500 Gift Voucher on Spend Rs.50000 |
| Foreign currency markup | 3.50% - Foreign Currency Transactions | 3.50% - Foreign Currency Transactions |
The Hdfc Bank Millennia Credit Card Visa offers a significantly higher top cashback rate of 5% on select platforms like Amazon, Flipkart, and Swiggy compared to the MoneyBack card's 2X reward points per Rs.200 on online spends, which effectively translates to about 0.5% cashback. The Millennia card also provides 1% cashback on all other spends, while the MoneyBack card offers 2 reward points per Rs.200 spent (about 0.25%). At Rs.20,000 monthly spend, the Millennia card yields about Rs.4,800 annually in rewards versus Rs.750 with the MoneyBack card, making it more rewarding for users who shop frequently on the listed platforms.
Neither card explicitly offers domestic or international lounge access according to our data, so travel benefits are limited for both. Both cards have a 3.5% forex markup fee and a 1% fuel surcharge waiver starting October 2025. The MoneyBack card allows redemption of points against travel bookings and airmiles, which may add value for occasional travelers. Overall, travel perks are modest and quite similar between the two cards.
The HDFC Bank MoneyBack Credit Card has a lower joining and renewal fee of Rs.500 each, with a renewal fee waiver on spending Rs.50,000. In contrast, the Millennia card charges Rs.1,000 for joining and renewal, with a waiver threshold of Rs.1 lakh. For users mindful of fees and who spend less than Rs.1 lakh annually, the MoneyBack card is more cost-effective. However, the Millennia card's higher fees may be justified by its superior cashback benefits for higher spenders.
The MoneyBack card offers multiple redemption options including cashback against statement balance, travel bookings, airmiles, and product catalogues, providing versatile ways to utilize reward points. The Millennia card focuses on cashback benefits without detailed redemption options listed.
The Millennia card provides Rs.1000 worth of gift vouchers on quarterly spends of Rs.1 lakh, while the MoneyBack card offers Rs.500 gift vouchers on Rs.50,000 quarterly spends. This makes the Millennia card more rewarding for higher spenders aiming for milestone rewards.
Consider Hdfc Bank Millennia Credit Card Visa if you frequently shop online on platforms like Amazon, Flipkart, and Swiggy and want higher cashback rates. It suits users who can meet the Rs.1 lakh quarterly spend to waive the renewal fee and want to maximize cashback earnings, especially at Rs.20,000 monthly spend or more.
Consider HDFC Bank MoneyBack Credit Card if you prefer a lower joining and renewal fee and spend around Rs.50,000 quarterly to waive fees. It's suitable for beginners or those looking for simple reward points with some acceleration on online spends and flexible redemption options including travel and product catalogues.
The Hdfc Bank Millennia Credit Card Visa has a joining and renewal fee of Rs.1000 each, while the HDFC Bank MoneyBack Credit Card charges Rs.500 for both joining and renewal.
For the Millennia card, spending Rs.1 lakh in a quarter waives the renewal fee. For the MoneyBack card, spending Rs.50,000 in a quarter qualifies for the renewal fee waiver.
Both cards charge a forex markup fee of 3.5% on foreign currency transactions.
Lounge access benefits are not listed in our data for either card; please check with the issuer for details.
The Millennia card offers 5% cashback on select platforms like Amazon and Flipkart, while the MoneyBack card provides 2X reward points per Rs.200 on online spends, roughly equivalent to 0.5% cashback.
Yes, both cards offer a 1% fuel surcharge waiver effective from October 1, 2025.