HDFC Bank Millennia Credit Card vs Cashback SBI Card
Compare HDFC Bank Millennia Credit Card, Cashback SBI Card side by side: annual fees, interest rates, rewards and eligibility to find the right card for you.
HDFC Bank •••• •••• •••• •••• Credit Card Compare HDFC Bank Millennia Credit Card | SBI Card •••• •••• •••• •••• Credit Card CompareVisa Cashback SBI Card |
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Card details
CardIQ
How we calculate scores| Overall | 54Fair | 54Fair |
|---|---|---|
| Cashback | 86/100 | 86/100 |
| Rewards | 23/100 | 23/100 |
The basics
| Card tier | Not published | Not published |
|---|---|---|
| Card type | Not published | Visa |
| Credit rating | Not published | Not published |
| Rewards program | None | None |
| Credit limit | Not published | Not published |
Eligibility
| Minimum age | 21 years old | Not published |
|---|---|---|
| Minimum income | ₹4,20,000 p.a. | Not specified |
| Residency | Indian nationality; aged 21 to 40; salaried (net monthly income above ₹35,000) or self-employed (ITR above ₹6 lakh a year) | Not published |
| Joint application | Not published | Not published |
| Temporary residents | Not published | Not published |
| Instant approval | Not published | Not published |
Repayments
| Interest-free period | Up to 50 days | Up to 50 days |
|---|---|---|
| Minimum repayment | 5% of (retail spends + cash advance + finance charge) plus GST, EMI amounts, 100% of fees and charges and any over-limit amount; where 5% is less than the finance charge, 100% of the finance charge plus 5% of retail spends and cash advance (HDFC Bank MITC, from June 2025) | 100% of GST, EMI amount, fees and charges and finance charges, plus any over-limit amount and 2% of the remaining balance outstanding (SBI Card MITC) |
Rates & fees
Ongoing interest rates
| Purchases | 45.00% p.a. | 45.00% p.a. |
|---|---|---|
| Cash advances | 45.00% p.a. | 45.00% p.a. |
Fees
| Annual fee | ₹1,000 p.a. | ₹999 p.a.Lowest |
|---|---|---|
| Monthly fee | — | — |
| Additional cardholder fee | ₹0 | ₹0 |
| Cash advance fee | 2.5% of the amount | 2.5% of the amount |
| Foreign transaction fee | 3.5% | 3.5% |
| Late payment fee | ₹1,300 | ₹1,300 |
Rewards
Cashback
| Sign-up cashback | — | — |
|---|---|---|
| Spend required | — | — |
| Ongoing cashback | 1% on eligible spend | 1% on eligible spend |
| Cashback cap | 5% CashBack on ten online merchants (Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber, Zomato; non-EMI spends only) and 1% on other spends except fuel, EMI, wallet, rent and government-related spends; paid as CashPoints worth ₹1 each against the statement; the terms table caps each of the two rows at 1,000 CashPoints per cycle (the 5% merchant terms say per calendar month). | ₹4,000 per month |
Related comparisons
Sources
- Credit Card Compare
- How CardIQ scores cards