What are the annual fees for Axis Bank ACE Credit Card and HDFC Bank Millennia Credit Card?

Axis Bank ACE Credit Card has ₹499 + GST. HDFC Bank Millennia Credit Card has ₹1,000 + GST. Fees are shown before 18% GST, which is added on the bill.

What base reward rate does each card earn?

Axis Bank ACE Credit Card earns about 1.5% on general spends; HDFC Bank Millennia Credit Card earns about 1%. Category and partner rates may differ — see the table above.

What is the forex markup on each card?

Axis Bank ACE Credit Card: 3.5%. HDFC Bank Millennia Credit Card: 3.5% (plus 18% GST on the markup).

Do both cards include airport lounge access?

Axis Bank ACE Credit Card: yes — see the lounge row above for limits. HDFC Bank Millennia Credit Card: yes — see the lounge row above for limits.

Card Comparison

Axis ACE vs HDFC Millennia

The key difference: 1.5% effective rate vs 1%. Axis ACE vs HDFC Millenniacompared side by side on fees, reward rates, caps, exclusions, and eligibility — weigh each against how you actually spend.

Axis Bank ACE

Axis Bank

Fee₹499+GST

Eff. rate1.5%

CapCategory

Fee

₹499+GST

Eff. rate

1.5%

Cap

How they compare

Axis ACE and HDFC Millenniasuit different spending patterns, so the right pick depends on where and how much you spend — the headline difference is called out at the top. Use the table below to weigh fees, reward rates, caps, and exclusions against your own usage.

At a glance

Axis ACE

Annual fee: ₹499 + GST
Everyday rate: 1.5%
Monthly cap: No cap

Notable strengths

Bonus rewards on Google Pay (up to 5%)
Direct cashback — nothing to redeem
No monthly reward cap

HDFC Millennia

Annual fee: ₹1,000 + GST
Everyday rate: 1%
Monthly cap: ₹2,000/mo

Notable strengths

Bonus rewards on Amazon (up to 5%)
Direct cashback — nothing to redeem

Each card's own strengths — not a ranking. Weigh them against where you actually spend.

56 specs · 13 sections

Axis Bank ACE

HDFC Bank Millennia

Feature

Axis Bank ACE

HDFC Bank Millennia

Annual Fee

₹499

₹1,000

Joining Fee

₹499

₹1,000

Fee Waiver Spend

₹2,00,000

₹1,00,000

Forex Markup

3.5%

Reward Type

Cashback

Base Rate

1.5%

Online Rate

1.5%

Offline Rate

1.5%

Effective Base Rate

1.5%

Point Value

₹1

Redemption Quality

HIGH

Best Redemption

₹1

Worst Redemption

₹1

₹0.3

Amazon

—

Bookmyshow

—

Cultfit

—

Flipkart

—

Google Pay

—

Grocery / Supermarkets

1.5%

Fuel / Petrol / Diesel / CNG

0% (Excluded)

Restaurants / Dine-in

Flights, Hotels, OTAs, Tour Operators

1.5%

Other Retail / Catch-all

1.5%

Monthly Cap

Category caps apply

₹2,000

Est. Annual Cap

Category caps apply

₹24,000

Total Excluded

8 categories

5 categories

Gold / Jewellery

Excluded

Earns rewards

Insurance Premiums

Excluded

Earns rewards

Education / School / College Fees

Excluded

Earns rewards

Domestic Visits/Year

International Visits/Year

None

Priority Pass

Est. Annual Value

₹1,760

Forex Markup

3.5%

Description

Joining fee of â‚¹499 reversed on spending â‚¹10,000 within 45 days of card setup

1,000 CashPoints on payment of membership fee

Estimated Value

₹499

₹1,000

Fuel Surcharge Waiver

Yes

Best Suited For

Utility Bills, Online Spends, Food Delivery

Online Shopping, Everyday Spends

Min Income

Not specified

₹35,000/month

Income Proof

Not required

Required

Secured FD

Accepting Applications

Yes

Network

Visa

Visa, Mastercard

Card Tier

Classic

Still weighing your options?

Other popular matchups to line up against your shortlist.

Frequently asked questions

What are the annual fees for Axis Bank ACE Credit Card and HDFC Bank Millennia Credit Card?: Axis Bank ACE Credit Card has ₹499 + GST. HDFC Bank Millennia Credit Card has ₹1,000 + GST. Fees are shown before 18% GST, which is added on the bill.
What base reward rate does each card earn?: Axis Bank ACE Credit Card earns about 1.5% on general spends; HDFC Bank Millennia Credit Card earns about 1%. Category and partner rates may differ — see the table above.
What is the forex markup on each card?: Axis Bank ACE Credit Card: 3.5%. HDFC Bank Millennia Credit Card: 3.5% (plus 18% GST on the markup).
Do both cards include airport lounge access?: Axis Bank ACE Credit Card: yes — see the lounge row above for limits. HDFC Bank Millennia Credit Card: yes — see the lounge row above for limits.

Reviewed by WhichWise Editorial Team. Each card's data is verified against the issuer's official terms.

Sources: Axis Bank - Axis ACE · HDFC Bank - HDFC Millennia