Features & Benefits of HDFC Millennia Credit Card

HDFC Millennia Credit Card Features & Benefits are mentioned below in detail: Welcome Benefit

• Pay your Joining Membership Fee & get a gift voucher equivalent to the fee amount.
• Applicable only on payment of membership fee.

Cashback

• 5% cashback on Amazon, BookMyShow, Cult.fit, Myntra, Flipkart, Swiggy, Tata CLiQ, Sony LIV, Uber and Zomato.
• 1% cashback on all other spends (except fuel), including EMIs and Wallet transactions.
• With effect from 01.01.2023, rent payments & government related transactions will not earn reward points.

Dining Benefit

• Up to 20% discount on bill payments at 20k+ partner restaurants via Swiggy Dineout
• Offer inclusive of Restaurant and Swiggy Discount.
• Priority pass membership: Guest visits will be charged at USD 27 + GST per visit per guest and a transaction fee of Rs. 2 will be charged for complimentary lounge access per visit for Visa cardholders.
• Offer valid only on payments done via Swiggy App.

Milestone Benefits

• Gift vouchers worth Rs. 1,000 on spending Rs. 1,00,000 or above in each calendar quarter.

Smart EMI

• Facility to convert your big spends into EMI after purchase.
• The purchases that can be converted into SmartEMI include insurance, groceries, medical, petrol, utility, apparel, education, electronics and travel.
• Repay conveniently over 6 to 48 months.
• The loan is pre-approved so no documents are required.
• A processing fee of Rs. 499 + GST for all loan amounts is applied.
• Transactions over 60 days cannot be converted into EMI.

Fuel Surcharge Waiver

• 1% fuel surcharge waiver across all fuel stations in India.
• The minimum transaction value should be Rs. 400 and the maximum Rs. 5,000 to avail of this benefit.
• The maximum waiver is available of Rs. 250 per statement cycle.

Other Benefits

• In case you lose your Millennia Credit Card, report it immediately to HDFC’s 24-hour call centre, and you have zero liability on any fraudulent transactions made with your card.
• Up to 50 days of interest-free period on your Millennia HDFC Credit Card from the date of purchase, subject to submitting the charge by the Merchant.
• HDFC Bank offers a revolving credit facility at a nominal interest rate on your Millennia Card HDFC.

Joining & Annual Fees

• HDFC Millennia Credit Card Joining Fee: Rs. 1,000 + applicable taxes. Waived off if you spend Rs. 1 Lakh or more.
• HDFC Millennia Credit Card Annual Fee: Rs. 1,000 + applicable taxes. Waived off if you spend Rs. 1 Lakh or more in the previous year

HDFC Millennia Credit Card Fee & Charges

Following are the detailed HDFC Millennia Credit Card Charges:

• Joining/ Renewal Membership Fee: Rs. 1,000 + applicable taxes. Waived off on spending Rs. 1,00,000 or more in a year before your credit card’s renewal date.
• Add-on Card Fee: Lifetime free.
• Foreign Currency Transactions: 3.5% of the transaction value
• Charges on Revolving Credit: 3.6% per month (43.2% per annum).
• Conversion Charges - Auto EMI: EMI conversion of all transactions (except Fuel, Gold and Jewelry) of Rs. 10,000 or more made with Easy EMI Credit Card will be done for 9 months tenure, at an interest rate of 20% p.a. and processing fee of Rs. 99.
• Cash Advance Charges: 2.5% of the withdrawn amount or Rs. 500, whichever is higher.
• Late Payment Charges: Up to Rs. 1,300, depending on the statement balance.
• Charges on Over-Limit Account: 2.5% of the over-limit amount, subject to a minimum of Rs. 550.
• Payment Return Charges: 2% of the payment amount, subject to a minimum of Rs. 450.
• Late Fee for Non-Payment/Partial Payment of EMI Outstanding on Insta Jumbo loans: Rs. 500 + GST.
• Cash Processing Fee: Rs. 100 for all card payments done by depositing in HDFC Bank branches or ATMs.
• Rewards Redemption Fee: Rs. 99 per redemption request.
• Balance Transfer on EMI/ Balance Transfer Processing Charges: 1% of the balance transfer amount or Rs. 250, whichever is higher + GST.
• Processing Charges for lnsta Loan, Jumbo Loan & Smart EMI: Rs. 999 + GST.
• Loan Pre-Closure charges: 3% of the outstanding balance principal.
• Duplicate Physical Statement Charges: Rs. 10 per set.
• Railway Ticket Purchase Fee: 1% of the transaction amount + GST.
• Reissuance of Lost/ Stolen/ Damaged Card: Rs. 100.
• Dynamic Currency Conversion Markup Fee: 1% w.e.f 01..01.2023
• Goods and Services Tax (GST): Applicable on all fees, interest and charges

HDFC Millennia Credit Card Eligibility

The following are the eligibility criteria for HDFC Millennia Credit Card:

Eligibility for Salaried Applicants:

• The applicant must be an Indian national.
• The applicant must be aged at least 21 years and a maximum of up to 40 years.
• The Gross Monthly Income of the applicant should be above Rs. 35,000.

Eligibility for Self-employed Applicants:

• The applicant must be an Indian national.
• The applicant must be aged at least 21 years and a maximum of up to 40 years
• The applicant must have an Income Tax Return (ITR) of above Rs. 6 Lakhs per annum.

HDFC Millennia Credit Card Document Required

• dentity proof (any one): Aadhaar Card, Passport, Driver’s License, PAN Card, Voter’s ID, Job Card issued by NREGA, Letters issued by the UIDAI or any other photo ID proof approved by the government.
• Residence proof (any one): Passport, Aadhaar Card, Driver’s License, Ration Card, Utility Bill (not older than 3 months), Job Card issued by NREGA, Property Bank Account Statement, Registration Document, or any other address proof approved by the government.
• Income proof (any one): Recent salary slips (not older than 3 months), latest Form 16, and last 3 months’ bank statement

HDFC Millennia Credit Card Rewards Redemption

• The redemption against the statement balance is at the rate of 1 CashPoint = Rs. 1.
• A minimum of 500 CashPoints balance is required for redemption against the statement balance.
• CashPoints can also be redeemed against travel benefits like flight and hotel bookings and the Rewards Catalogue at the SmartBuy Rewards Portal, at a value of 1 CashPoint = Rs. 0.30.
• Unredeemed CashPoints will expire after 2 years of accumulation.
• For flights and hotel redemption, you can redeem up to 50% of the booking value through Reward Points. The rest of the transaction amount will have to be paid through the Credit Card limit
• With effect from 01.01.2023, reward points redemption for flights & hotel bookings are capped per calendar month at 50,000.
• Redeem CashPoints at the conversion rate of 1 CashPoint = Rs. 0.30.

How to Apply for HDFC Millennia Credit Card?

You can apply for an HDFC Millenia credit card online through our website by following the steps given below:

• Click on the ‘Credit Cards’ option on the homepage of our website.
• Choose ‘HDFC’ from the dropdown menu and click on the ‘Apply Now’ button.
• Enter the required information, such as your name, contact number, email ID, employment information, income details, and so on
• Verify your mobile number with an OTP.
• Soon, you will get a call from our credit card expert to assist you in completing the credit card application process.