“HDFC Millennia Credit Card: A Comprehensive Review of Rewards and Benefits”

Mumbai, 21^st December 2024: HDFC Millennia Credit Card is best preferred by customers who do online shopping on a regular basis. It offers privileges on several brands like Uber, Zomato, Amazon, Flipkart, etc., making it a superb choice. It does not provide direct cashback; rather, you can get cash points on the purchases made. Also, this card offers gift vouchers to meet the milestone of spending INR 1 lakh per quarter. Let us go ahead and know more about the card.

Should You Get an HDFC Millennia Credit Card? 

One should consider HDFC Millennia Credit Card if:

• You often use credit cards for most of your transactions.
• Your spending is not brand-specific.
• Most of your spending is online and linked with partner brands.
• You are interested in an entry-level card which has all-rounder benefits.
• Get INR 1000 of annual fees waived off when INR 1 lakh in a year is spent.

Consider other cards if,

• If you are looking for a specific brand or category-specific benefits
• If direct cashback over cash point redemption is preferred by you.
• If you think that the annual fee of INR 1000 is too high for you.

 Steps to Link HDFC Millennia Credit Card to HDFC Bank Account 

Before getting the HDFC credit Card linked to the HDFC Bank account, one should register for Net Banking. To link, first submit the form along with the information and details required to get the IPIN number, which will be considered the HDFC Credit Card Net Banking password.

Next, the nearest branch of HDFC Bank should be visited to get the net banking registered. This can be done by filling out a form and getting the information and details, including Username and Password, etc.

• The HDFC’s official website should be logged in, i.e. www.hdfcbank.com
• The tab “Net Banking” should be clicked to log in to your Net Banking account.
• Then, you should click “Continue”.
• Provide the customer ID along with your password. Again, click the option “Continue”.
• Select the option “Register New Card”.
• Again, provide details like card number, PIN number, and expiration date and click ‘Submit”.
• The OTP will be received at the registered mobile number that should be entered.
• Click on “Submit”.

 Now let us discuss the benefits of linking the HDFC Card with an HDFC Bank Account:

• Initiate the standing instructions on the card to make utility bill payments.
• Request bank statements and card statements to be received through email.
• Change the credit card PIN online.
• Make payments for the outstanding credit card bill using the funds in the HDFC Bank Account using the Auto Pay option.

Disadvantages of HDFC Millennia Credit Card

Provided below are the disadvantages of HDFC Millennia Credit Card:

• Though the card provides rewards on wallet reloads and EMI transactions made, the cash points are offered with the “other spend” category inclusively. Hence, the maximum value back benefits offered cannot be maximised.
• The upper limit that is set on the earnings is quite low, i.e., 1000 cash points per statement cycle, for a particular category. Hence, the limit is irrespective of the value that has been spent.
• Cashbacks on transactions made are credited in the next billing cycle. Hence, it is quite difficult to keep track of the earnings made.
• There are some limits to the redemption options as set by HDFC, i.e. a maximum of 3000 cash points can be redeemed as cashback.

HDFC Millennia Credit Card Bill Payment 

Provided below are the different modes of making HDFC Millennia Credit Card bill payment:

• The HDFC Internet Banking account should be logged in first. Under the tab “Credit Card”, the tab “Credit Card Payment” should be clicked.
• You should provide all the information and details required.
• The HDFC BillDesk page should be visited.
• After that, you have to agree to the terms and conditions and click on “Pay”.
• Enter the information and details required, like credit card number, registered email ID, and amount to be paid to make the payment.
• The bill can also be paid through the HDFC mobile app. Under the option “Pay”, click the option “Pay your Credit Card Bill.”
• Also, you can use mobile wallet-based apps such as Paytm, PhonePe, etc., to make bill payments.
• Also, you can visit the nearest HDFC Bank branch to make credit card bill payments via cheque or cash.

 Fees and Charges

The following processing fees and charges are linked to this credit card: 

Eligibility Criteria

Provided below are the eligibility parameters that are to be met in order to apply for HDFC Milennia Credit Card:

1. In the case of Salaried Applicants 

• The applicant’s minimum age should be 21 years.
• The applicant’s maximum age should be 40 years.
• The minimum income of an applicant should be INR 35,000 per month. 

      2. In the case of Self-Employed Applicants 

• The applicant’s minimum age should be 21 years.
• The applicant’s maximum age should be 40 years.
• The minimum income of an applicant, as per ITR, should be INR 6,00,000 per annum. 

Conclusion

It can be an ideal credit card for those who have just started working and prefer online shopping. It provides 5% cash back on the most popular shopping websites, such as Book My Show and Cult. Fit, Amazon, Myntra, Flipkart, Swiggy, Sonyliv, Zomato, Uber, and Tata Cliq, but also 1% cash back on offline and online spending in the case of non-partner brands as well. Also, it provides gift vouchers to allow customers to meet the milestone of INR 1,00,000 every quarter.