What are the annual fees for Cashback SBI Credit Card and HDFC Bank Millennia Credit Card?

Cashback SBI Credit Card has ₹999 + 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?

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

Do online and offline rewards differ between them?

Cashback SBI Credit Card: 5% online / 1% offline. HDFC Bank Millennia Credit Card: same rate online and offline.

What is the forex markup on each card?

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

Do both cards include airport lounge access?

Cashback SBI Credit Card: none specified. HDFC Bank Millennia Credit Card: yes — see the lounge row above for limits.

Card Comparison

Cashback SBI vs HDFC Millennia

The key difference: 10 partner deals vs 0. Cashback SBI vs HDFC Millenniacompared side by side on fees, reward rates, caps, exclusions, and eligibility — weigh each against how you actually spend.

Cashback SBI

SBI Card

Fee₹999+GST

Eff. rate1%

Cap₹4,000

Fee

₹999+GST

Eff. rate

Cap

₹4,000

HDFC Bank Millennia

HDFC Bank

Fee₹1,000+GST

Eff. rate1%

Cap₹2,000

Fee

₹1,000+GST

Eff. rate

Cap

₹2,000

Quick take

How they compare

Cashback SBI 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

Cashback SBI

Annual fee: ₹999 + GST
Everyday rate: 1%
Monthly cap: ₹4,000/mo

Notable strengths

Strong online-shopping rewards (up to 5%)
Direct cashback — nothing to redeem

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.

58 specs · 13 sections

Cashback SBI

HDFC Bank Millennia

Feature

Cashback SBI

HDFC Bank Millennia

Annual Fee

₹999

₹1,000

Joining Fee

₹999

₹1,000

Fee Waiver Spend

₹2,00,000

₹1,00,000

Forex Markup

3.5%

Reward Type

Cashback

Base Rate

Online Rate

Offline Rate

Effective Base Rate

Point Value

₹1

Redemption Quality

HIGH

Best Redemption

₹1

Worst Redemption

₹1

₹0.3

Amazon

—

Bookmyshow

—

Cultfit

—

Flipkart

—

Myntra

—

Grocery / Supermarkets

5% online / 1% offline

Fuel / Petrol / Diesel / CNG

0% (Excluded)

Restaurants / Dine-in

5% online / 1% offline

Flights, Hotels, OTAs, Tour Operators

5% online / 1% offline

Other Retail / Catch-all

5% online / 1% offline

Monthly Cap

₹4,000

₹2,000

Est. Annual Cap

₹48,000

₹24,000

Total Excluded

12 categories

5 categories

Railway / Train Tickets

Excluded

Earns rewards

Highway Tolls / FASTag

Excluded

Earns rewards

Gold / Jewellery

Excluded

Earns rewards

Electricity, Water, Gas, Internet, DTH, Mobile Recharge

Excluded

Earns rewards

Domestic Visits/Year

None

International Visits/Year

None

Priority Pass

Est. Annual Value

—

₹1,760

Forex Markup

3.5%

Description

—

1,000 CashPoints on payment of membership fee

Estimated Value

—

₹1,000

Fuel Surcharge Waiver

Yes

Best Suited For

Online Shopping, Cashback

Online Shopping, Everyday Spends

Min Income

₹30,000/month

₹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 Cashback SBI Credit Card and HDFC Bank Millennia Credit Card?: Cashback SBI Credit Card has ₹999 + 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?: Cashback SBI Credit Card earns about 1% on general spends; HDFC Bank Millennia Credit Card earns about 1%. Category and partner rates may differ — see the table above.
Do online and offline rewards differ between them?: Cashback SBI Credit Card: 5% online / 1% offline. HDFC Bank Millennia Credit Card: same rate online and offline.
What is the forex markup on each card?: Cashback SBI Credit Card: 3.5%. HDFC Bank Millennia Credit Card: 3.5% (plus 18% GST on the markup).
Do both cards include airport lounge access?: Cashback SBI Credit Card: none specified. 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: SBI Card - Cashback SBI · HDFC Bank - HDFC Millennia