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Side-by-Side Comparison|Updated March 2026

HDFC Bank MoneyBack+ vs HDFC Bank Millennia Credit Card

Detailed comparison of fees, rewards, benefits, and value to help you choose the right credit card for your spending pattern.

HDFC Bank

HDFC Bank MoneyBack+

7.2/10
Annual Fee₹500
Base Rewards0.33333333333333337%
NetworkVisa
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HDFC Bank

HDFC Bank Millennia Credit Card

8.5/10
Annual Fee₹1,000
Base Rewards1%
NetworkVisa
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Feature-by-Feature Comparison

FeatureHDFC Bank MoneyBack+HDFC Bank Millennia Credit Card
Annual Fee₹500₹1,000
Joining Fee₹500₹1,000
Fee Waiver Spend₹50,000₹1,00,000
Base Reward Rate0.33333333333333337%1%
Reward CurrencyCashPointsCashPoints
NetworkVisaVisa
Editor Rating7.2/108.5/10
Forex Markup3.5%3.5%

Accelerated Rewards

HDFC Bank MoneyBack+

  • 0% on Partner Merchants (Amazon, ...
  • 0% on Merchant EMI Spends

HDFC Bank Millennia Credit Card

  • 0% on Special Rate

Pros & Cons

HDFC Bank MoneyBack+

Pros

  • 10X CashPoints (3.3% value back) on Amazon, Flipkart, Swiggy, BigBasket, and Reliance Smart SuperStore.
  • 5X CashPoints on EMI transactions at merchant locations.
  • Quarterly milestone benefit of ₹500 gift voucher on ₹50,000 spend.
  • Low annual fee waiver threshold of ₹50,000 per year.

Cons

  • Very low base reward rate of 0.33% (2 CP per ₹150) on non-partner spends.
  • No complimentary domestic or international airport lounge access.
  • Monthly reward caps on grocery (1,000 CP) and partner spends (2,500 CP) limit high-value utility.

HDFC Bank Millennia Credit Card

Pros

  • 5% cashback on 10 major online merchants including Amazon, Flipkart, and Swiggy
  • 1:1 redemption ratio for CashPoints against statement credit
  • Achievable annual fee waiver at ₹1 Lakh annual spend
  • 1,000 CashPoints welcome benefit effectively offsets the joining fee

Cons

  • Monthly cashback capped at ₹1,000 for the 5% category
  • Lounge access is now spend-based (₹1 Lakh per quarter)
  • Excludes rent, fuel, and government transactions from rewards

Our Verdict

HDFC Bank Millennia Credit Card edges ahead overall with a stronger combination of rewards and value. However, HDFC Bank MoneyBack+ could be the better pick if its specific category strengths match your spending habits.

Choose HDFC Bank MoneyBack+ if

Ideal for first-time credit card users who shop frequently on Amazon, Flipkart, and Swiggy.

Choose HDFC Bank Millennia Credit Card if

High 5% cashback on popular platforms like Amazon, Flipkart, and Zomato.

Frequently Asked Questions

Which is better: HDFC Bank MoneyBack+ or HDFC Bank Millennia Credit Card?
HDFC Bank Millennia Credit Card edges ahead overall with a stronger combination of rewards and value. However, HDFC Bank MoneyBack+ could be the better pick if its specific category strengths match your spending habits.
What is the annual fee difference between HDFC Bank MoneyBack+ and HDFC Bank Millennia Credit Card?
HDFC Bank MoneyBack+ has an annual fee of ₹500, while HDFC Bank Millennia Credit Card has an annual fee of ₹1,000. HDFC Bank MoneyBack+ offers a fee waiver on ₹50,000 annual spend. HDFC Bank Millennia Credit Card offers a fee waiver on ₹1,00,000 annual spend.
Which card has better rewards: HDFC Bank MoneyBack+ or HDFC Bank Millennia Credit Card?
HDFC Bank MoneyBack+ offers a base reward rate of 0.33333333333333337% with accelerated rewards on Partner Merchants (Amazon, ... and Merchant EMI Spends. HDFC Bank Millennia Credit Card offers 1% base rewards with bonuses on Special Rate. The better choice depends on your primary spending categories.
Can I have both HDFC Bank MoneyBack+ and HDFC Bank Millennia Credit Card?
Yes, many users hold multiple credit cards to maximize rewards across different spending categories. HDFC Bank MoneyBack+ and HDFC Bank Millennia Credit Card can complement each other if they cover different reward categories.
Which card is better for beginners: HDFC Bank MoneyBack+ or HDFC Bank Millennia Credit Card?
For beginners, HDFC Bank MoneyBack+ may be more approachable with a lower annual fee of ₹500. However, evaluate based on your expected spending pattern rather than fee alone.

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