vs
In short: ICICI Coral has the lower annual fee (₹500 vs ₹1,000); both charge a 3.5% forex markup.
| Key facts | HDFC Millennia | ICICI Coral |
|---|---|---|
| Annual fee | ₹1,000 | ₹500 |
| Joining fee | ₹1,000 | ₹500 |
| Annual fee waived | On ₹1 lakh annual spend | On ₹1.5 lakh annual spend |
| Top reward rate | 5% cashback on Amazon, Flipkart, Swiggy and 7 more | 2 Reward Points per ₹100 |
| Base rewards | 1% Cashback on All Other Spends | 2 Reward Points per ₹100 |
| Lounge access | Not listed | 1 airport lounge visit a quarter |
| Forex markup | 3.5% | 3.5% |
From issuer benefit data, checked 8 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 ₹3,100 more a year after annual fees (₹4,800 vs ₹1,200 in rewards).
| Spend profile | HDFC Millennia | ICICI Coral |
|---|---|---|
| Reward value: top rate / base rate | 5% / 1% | 0.5% / 0.5% |
| ₹20,000 a month, all general spends | ₹2,400 | ₹1,200 |
| ₹20,000 a month, ₹5,000 of it at each card's top rate | ₹4,800 | ₹1,200 |
| 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).
Hdfc Bank Millennia Credit Card Visa and ICICI Bank Coral Credit Card Visa both offer Visa network benefits with differing reward structures and fees. Millennia focuses on high cashback rates on popular online and lifestyle spends, while Coral provides a points-based system with lounge access and a lower fee structure. Your choice depends on whether you prefer cashback on specific brands or reward points with some travel perks.
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 | ICICI Bank Coral Credit Card Visa |
|---|---|---|
| Bank | HDFC Bank | ICICI Bank |
| Network | Visa | Visa |
| Joining fee | Joining Fee of Rs.1000 | Joining Fee of Rs.500 |
| Annual / renewal fee | Renewal Fee of Rs. 1000 | Annual Fee of Rs.500 |
| Annual fee waiver | Spend Rs.1 Lakh For Renewal Fee Waiver | Spend Rs.150000 For Waiver of Annual Fee |
| Top reward rate | 5% cashback on Amazon, Flipkart, Swiggy and 7 more | Earn 2 Reward Points per Rs.100 |
| Base rate (other spends) | 1% Cashback on All Other Spends | — |
| Lounge — domestic | — | 1 Complimentary Airport Lounge Access Per Quarter |
| Fuel surcharge waiver | 1% Fuel Surcharge Waiver | 1% Fuel Surcharge Waiver |
| Welcome benefit | Welcome Benefit - Rs.1000 CashPoints | — |
| Milestone benefit | Rs.1000 Worth Gift Vouchers on Spends of Rs.1 Lakh | Earn 2000 Reward Points on Spend of Rs.2 Lakhs |
| Foreign currency markup | 3.50% - Foreign Currency Transactions | 3.50% - Foreign Currency Transactions |
Hdfc Bank Millennia Credit Card Visa clearly leads in rewards for shoppers focused on e-commerce and lifestyle brands, offering 5% cashback on Amazon, Flipkart, Swiggy, and several others, plus 1% cashback on all other spends. This translates to about Rs.4,800 a year in rewards at Rs.20,000 monthly spend. In contrast, ICICI Bank Coral Credit Card Visa earns 2 reward points per Rs.100 spent, which effectively values to about Rs.1,200 a year, making it less lucrative for cashback-focused users. Millennia's accelerated cashback categories make it the better choice for maximizing rewards on popular platforms.
ICICI Bank Coral Credit Card Visa offers a travel-related benefit with 1 complimentary domestic airport lounge access per quarter, which can be valuable for frequent flyers. Hdfc Bank Millennia Credit Card Visa does not list any lounge access benefits in our data. Both cards have the same forex markup fee of 3.5%, and both provide a 1% fuel surcharge waiver, though Coral's waiver applies specifically on HPCL fuel spends with minimum spend criteria. Coral's travel perks make it more appealing for users seeking airport lounge access and some travel convenience.
ICICI Bank Coral Credit Card Visa has a lower joining and renewal fee of Rs.500 each, compared to Rs.1,000 for Hdfc Bank Millennia Credit Card Visa. Coral waives the annual fee on Rs.1.5 lakh annual spend, while Millennia requires Rs.1 lakh quarterly spend for renewal fee waiver. For users mindful of fees, Coral is more accessible and easier to maintain fee waivers. Millennia's higher fees might be justified by its superior cashback benefits if you can meet the spend criteria.
Millennia offers cashback rewards directly, with a high 5% rate on select brands, making rewards easy to understand and redeem. Coral uses a points system with 2 points per Rs.100 spent and a redemption rate of 1 point = Rs.0.25, which requires more calculation to value but offers flexibility across categories.
Millennia requires Rs.1 lakh spend each quarter to waive the Rs.1,000 renewal fee, which may be challenging for some users. Coral requires Rs.1.5 lakh annual spend for fee waiver, a simpler and potentially less demanding threshold.
Consider Hdfc Bank Millennia Credit Card Visa if you frequently shop on platforms like Amazon, Flipkart, Swiggy, and other listed brands where you can earn 5% cashback. It is suitable if you prefer straightforward cashback rewards and can meet the Rs.1 lakh quarterly spend to waive the Rs.1,000 renewal fee. This card is ideal for lifestyle and online shoppers looking for higher cashback returns.
Consider ICICI Bank Coral Credit Card Visa if you want a lower fee card with domestic airport lounge access and a simple reward points system. It suits users who spend moderately and value lounge benefits along with fuel surcharge waivers at HPCL pumps. Coral is a practical choice for beginners or those who want a balanced card with travel perks and manageable fees.
Hdfc Bank Millennia Credit Card Visa has a joining fee of Rs.1,000, while ICICI Bank Coral Credit Card Visa charges Rs.500.
ICICI Bank Coral Credit Card Visa offers 1 complimentary domestic airport lounge access per quarter. Hdfc Bank Millennia Credit Card Visa does not list any lounge access benefits.
Both cards charge a forex markup fee of 3.5% on foreign currency transactions.
Hdfc Bank Millennia Credit Card Visa offers 5% cashback on Amazon, Flipkart, Swiggy, and other popular platforms, while ICICI Bank Coral Credit Card Visa earns 2 reward points per Rs.100 spent, which is effectively lower in value.
Both cards provide a 1% fuel surcharge waiver. Coral's waiver applies specifically on HPCL fuel spends with a minimum spend of Rs.4,000 at HPCL pumps.
Millennia offers Rs.1,000 worth of gift vouchers on quarterly spends of Rs.1 lakh. Coral rewards 2,000 reward points on annual spends of Rs.2 lakhs.