HDFC has relaunched its Millennia credit cards from 2nd Oct, 2021. The newer Millennia has addressed most of the complaints with the older version.
Both cards are quite similar now with two features of Regalia being the deal breaker. Regalia has international airport lounge access and is mostly issued as Lifetime free. However, it comes with hefty income requirements. The advantage of Millennia is that you get 5% cash back on Flipkart too, whereas regalia provides just 1%.
Use the calculators and see which card suits your needs.
The comparison table follows:
HDFC Regalia Credit Card
HDFC Millennia Credit Card
Monthly Income > Rs 1 lac
Monthly Income > Rs 35000
ITR> Rs 12 lacs
ITR> Rs 6 Lacs
Rs 2970 (NIL)
Mostly Given as LTF
Not given as LTF
on Spends > Rs 3 lacs
on Spends > Rs 1 lac
12 per year
8 per year
6 per year
Reward Rate: normal
via smartbuy upto 5%
5% on exclusive merchants and smart buy access too
monthly cashback limit
Reward Point Redemption
1 RP= Rs 0.3 on flight bookings
1 RP = Rs 1 for statement credit
RP worth Rs 1333 on spends > Rs 5 lacs
Rs 1000 vouchers on spends of Rs 1 lac in each quarter year
RP worth 660 on spends > 8 lacs
For me the savings matter the most, so go ahead add in your spends category wise and calculate your savings with each credit card.
Let me know which card works for your spend patterns. Your comments will be like an oasis in this desert of only posts!
For the full review of HDFC Millennia Credit Card click here.
For the full review of HDFC Regalia Credit card click here.