SBI Cashback vs HDFC Millennia

SBI Card

Cashback Credit Card

onlinecashbackshopping
Rs 999Annual fee
Rs 2,00,000Fee waiver spend
0Domestic lounge
3.5%Forex markup
Best for

Online, Cashback

Top rewards

Online Spends: 5% cashback; Offline Spends: 1% cashback

HDFC Bank

Millennia Credit Card

onlinecashbacklounge
Rs 1,000Annual fee
Rs 1,00,000Fee waiver spend
4Domestic lounge
Domestic lounge conditions
  • Either ₹1,000 gift voucher or 1 domestic lounge access voucher on spends of ₹1,00,000 and above in each calendar quarter
3.5%Forex markup
Best for

Online, Wallets, Cashback

Top rewards

Select Online Merchants: 5% CashBack; Others: 1% CashBack; SmartBuy: Up to 10% CashBack

FeatureCashback Credit CardMillennia Credit Card
IssuerSBI CardHDFC Bank
NetworkVisa, MastercardVisa, Mastercard
Joining feeRs 999Rs 1,000
Annual feeRs 999Rs 1,000
Fee waiver spendRs 2,00,000Rs 1,00,000
Reward typeCashbackCashback
Best forOnline, CashbackOnline, Wallets, Cashback
Top reward categoriesOnline Spends: 5% cashback; Offline Spends: 1% cashbackSelect Online Merchants: 5% CashBack; Others: 1% CashBack; SmartBuy: Up to 10% CashBack
SmartBuy / accelerated capsNot ListedSmartBuy: Daily 1,000 Cashback, Monthly 1,000 Cashback
Domestic lounge04
International lounge00
Forex markup3.5%3.5%
Milestone benefitsNot ListedEither ₹1,000 gift voucher or 1 domestic lounge access voucher on spends of ₹1,00,000 and above in each calendar quarter
RedemptionNot ListedSmartBuy travel: upto Rs 1 per point; Statement credit: upto Rs 1 per point
Key exclusionsutilities, insurance, fuel, rent, wallet loads, school and educational servicesfuel, rent, government payments, cash withdrawal, wallet loads, emi transactions
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