HDFC Bank Millennia Credit Card Visa vs IDFC First Wealth Visa Credit Card: Which is Better in 2026?
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In short: IDFC First Wealth has the lower annual fee (none vs ₹1,000); IDFC First Wealth has the lower forex markup (0% vs 3.5%).
| Key facts | HDFC Millennia | IDFC First Wealth |
|---|---|---|
| Annual fee | ₹1,000 | None |
| Joining fee | ₹1,000 | None |
| Annual fee waived | On ₹1 lakh annual spend | Not listed |
| Top reward rate | 5% cashback on Amazon, Flipkart, Swiggy and 7 more | 3X Reward Points Upto Spends ₹20000 |
| Base rewards | 1% Cashback on All Other Spends | 3X Reward Points Upto Spends ₹20000 |
| Lounge access | Not listed | 2 airport lounge visits a quarter |
| Forex markup | 3.5% | 0% |
From issuer benefit data, checked 24 Oct 2026. Milestones, welcome benefits and caps are in the full table below.
What you'd earn in a year
On ₹20,000 a month with ₹5,000 at each card's top rate, HDFC Millennia returns about ₹2,600 more a year after annual fees (₹4,800 vs ₹1,200 in rewards).
| Spend profile | HDFC Millennia | IDFC First Wealth |
|---|---|---|
| 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 | None |
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).
Idfc First Wealth Visa Credit Card shows a stronger headline earn rate in the first reward band we surface. Idfc First Wealth Visa Credit Card currently has more lounge detail available from the issuer data we index. Always confirm current fees and offers on the issuer’s site before you apply.
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| Feature | Hdfc Bank Millennia Credit Card Visa | Idfc First Wealth Visa Credit Card |
|---|---|---|
| Bank | HDFC Bank | IDFC First Bank |
| Network | Visa | Visa |
| Joining fee | Joining Fee of Rs.1000 | No Joining Fees |
| Annual / renewal fee | Renewal Fee of Rs. 1000 | No Annual Fee |
| Annual fee waiver | Spend Rs.1 Lakh For Renewal Fee Waiver | — |
| Top reward rate | 5% cashback on Amazon, Flipkart, Swiggy and 7 more | 3X Reward Points Upto Spends Rs.20000 |
| Base rate (other spends) | 1% Cashback on All Other Spends | — |
| Lounge — domestic | — | 2 Complimentary Airport Lounge Access Per Quarter |
| Lounge — international | — | 2 Complimentary Airport Lounge Access Per Quarter |
| Fuel surcharge waiver | 1% Fuel Surcharge Waiver | 1% Fuel Surcharge Waiver |
| Welcome benefit | Welcome Benefit - Rs.1000 CashPoints | 5% Cashback on EMI |
| Milestone benefit | Rs.1000 Worth Gift Vouchers on Spends of Rs.1 Lakh | — |
| Foreign currency markup | 3.50% - Foreign Currency Transactions | 0% - Zero Forex Markup |
Which is better for rewards?
Hdfc Bank Millennia Credit Card Visa shows a higher headline earn signal in the reward summaries we index (5% cashback on Amazon, Flipkart, Swiggy and 7 more vs 3X Reward Points Upto Spends Rs.20000). If you optimise for points or cashback on daily spend, start with that card’s reward bands — then model redemptions you actually use.
Which is better for travel?
Idfc First Wealth Visa Credit Card has richer lounge-related fields in our current benefits extract (domestic: 2 Complimentary Airport Lounge Access Per Quarter; international: 2 Complimentary Airport Lounge Access Per Quarter). Frequent flyers should still confirm guest access, visit limits and participating airports with the issuer.
Which has lower effective cost?
Renewal fee wording differs between issuers, so compare the “Annual / renewal fee” row directly: Hdfc Bank Millennia Credit Card Visa — Renewal Fee of Rs. 1000 Idfc First Wealth Visa Credit Card — No Annual Fee Then read waiver rules; a higher published fee can still be cheaper net if you usually clear spend-based waivers.
Who should pick Hdfc Bank Millennia Credit Card Visa?
Consider Hdfc Bank Millennia Credit Card Visa if you already bank with HDFC Bank, and the fee, waiver and earn rows above line up with how you spend each month. Use CardChat on that card for deeper, personalised follow-ups.
Who should pick Idfc First Wealth Visa Credit Card?
Consider Idfc First Wealth Visa Credit Card if you already bank with IDFC First Bank, and the fee, waiver and earn rows above line up with how you spend each month. Use CardChat on that card for deeper, personalised follow-ups.
Frequently Asked Questions
From the lounge fields in our benefit data: Idfc First Wealth Visa Credit Card — domestic: 2 Complimentary Airport Lounge Access Per Quarter; international: 2 Complimentary Airport Lounge Access Per Quarter. Hdfc Bank Millennia Credit Card Visa — domestic: —; international: —. Guest rules, networks and visit caps change — confirm on the HDFC Bank and IDFC First Bank websites before you travel.
We could not parse both renewal fees reliably from our benefit feed for this pair. Compare the “Annual / renewal fee” row in the table above, then confirm on the HDFC Bank and IDFC First Bank websites.
On the first reward band we surface, Idfc First Wealth Visa Credit Card shows a stronger headline earn (3X Reward Points Upto Spends Rs.20000 vs 5% cashback on Amazon, Flipkart, Swiggy and 7 more). Category bonuses, caps and redemption value decide real-world returns — map this to where you actually spend.
Hdfc Bank Millennia Credit Card Visa: Spend Rs.1 Lakh For Renewal Fee Waiver Idfc First Wealth Visa Credit Card: Waiver wording not in our benefit extract — check IDFC First Bank. Spend thresholds and anniversary rules change; confirm the latest T&Cs.
Hdfc Bank Millennia Credit Card Visa: 3.50% - Foreign Currency Transactions Idfc First Wealth Visa Credit Card: 0% - Zero Forex Markup Lower published foreign-currency markup is usually better for overseas and foreign-currency online spend; confirm the live rate and exclusions on the HDFC Bank and IDFC First Bank websites.
Hdfc Bank Millennia Credit Card Visa: Welcome Benefit - Rs.1000 CashPoints Idfc First Wealth Visa Credit Card: 5% Cashback on EMI Welcome campaigns are time-bound — verify eligibility and fulfilment on the HDFC Bank and IDFC First Bank websites.