What are the annual fees for HDFC Bank Millennia Credit Card and IDFC FIRST Wealth Credit Card?

HDFC Bank Millennia Credit Card has ₹1,000 + GST. IDFC FIRST Wealth Credit Card has no annual fee. Fees are shown before 18% GST, which is added on the bill.

What base reward rate does each card earn?

HDFC Bank Millennia Credit Card earns about 1% on general spends; IDFC FIRST Wealth Credit Card earns about 0.375%. Category and partner rates may differ — see the table above.

What is the forex markup on each card?

HDFC Bank Millennia Credit Card: 3.5%. IDFC FIRST Wealth Credit Card: 1.5% (plus 18% GST on the markup).

Do both cards include airport lounge access?

HDFC Bank Millennia Credit Card: yes — see the lounge row above for limits. IDFC FIRST Wealth Credit Card: yes — see the lounge row above for limits.

Card Comparison

HDFC Millennia vs IDFC FIRST Wealth

The key difference: Free vs ₹1,000 annual fee. HDFC Millennia vs IDFC FIRST Wealthcompared side by side on fees, reward rates, caps, exclusions, and eligibility — weigh each against how you actually spend.

HDFC Bank Millennia

HDFC Bank

Fee₹1,000+GST

Eff. rate1%

Cap₹2,000

Fee

₹1,000+GST

Eff. rate

Cap

₹2,000

IDFC FIRST Wealth

IDFC FIRST Bank

FeeFree

Eff. rate0.38%

CapNone

Fee

Free

Eff. rate

0.38%

Cap

None

Quick take

How they compare

HDFC Millennia and IDFC FIRST Wealthsuit 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

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

IDFC FIRST Wealth

Annual fee: Free
Everyday rate: 0.4%
Monthly cap: No cap

Notable strengths

No monthly reward cap
Low forex markup (1.5%)

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

56 specs · 13 sections

HDFC Bank Millennia

IDFC FIRST Wealth

Feature

HDFC Bank Millennia

IDFC FIRST Wealth

Annual Fee

₹1,000

Free

Joining Fee

₹1,000

Free

Fee Waiver Spend

₹1,00,000

N/A

Forex Markup

3.5%

1.5%

Reward Type

Cashback

Reward Points

Base Rate

0.38%

Online Rate

—

Offline Rate

—

Effective Base Rate

0.38%

Point Value

₹1

₹0.25

Redemption Quality

HIGH

MEDIUM

Best Redemption

₹1

₹0.25

Worst Redemption

₹0.3

₹0.2

Amazon

—

Bookmyshow

—

Cultfit

—

Flipkart

—

Myntra

—

Grocery / Supermarkets

0.38%

Fuel / Petrol / Diesel / CNG

0% (Excluded)

0.38%

Restaurants / Dine-in

0.38%

Flights, Hotels, OTAs, Tour Operators

0.38%

Other Retail / Catch-all

0.38%

Monthly Cap

₹2,000

No cap

Est. Annual Cap

₹24,000

No cap

Total Excluded

5 categories

0 categories

Fuel / Petrol / Diesel / CNG

Excluded

Earns rewards

Rent Payments

Excluded

Earns rewards

Government / Tax Payments

Excluded

Earns rewards

Wallet / Prepaid Instrument Loading

Excluded

Earns rewards

EMI Transactions

Excluded

Earns rewards

Domestic Visits/Year

-1

International Visits/Year

None

-1

Priority Pass

Est. Annual Value

₹1,760

₹10,230

Forex Markup

3.5%

1.5%

Description

1,000 CashPoints on payment of membership fee

₹500 Voucher from Uber, Amazon, and Bigbasket on Spending ₹5,000 Within 30 Days of Card Issuance. 5% Cashback Upto ₹1,000 on the First EMI Transaction

Estimated Value

₹1,000

₹1,200

Fuel Surcharge Waiver

Yes

Best Suited For

Online Shopping, Everyday Spends

Movies, Travel, Shopping

Min Income

₹35,000/month

₹3,00,000/month

Income Proof

Required

Secured FD

Accepting Applications

Yes

Network

Visa, Mastercard

Visa

Card Tier

Classic

Infinite

Still weighing your options?

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Frequently asked questions

What are the annual fees for HDFC Bank Millennia Credit Card and IDFC FIRST Wealth Credit Card?: HDFC Bank Millennia Credit Card has ₹1,000 + GST. IDFC FIRST Wealth Credit Card has no annual fee. Fees are shown before 18% GST, which is added on the bill.
What base reward rate does each card earn?: HDFC Bank Millennia Credit Card earns about 1% on general spends; IDFC FIRST Wealth Credit Card earns about 0.375%. Category and partner rates may differ — see the table above.
What is the forex markup on each card?: HDFC Bank Millennia Credit Card: 3.5%. IDFC FIRST Wealth Credit Card: 1.5% (plus 18% GST on the markup).
Do both cards include airport lounge access?: HDFC Bank Millennia Credit Card: yes — see the lounge row above for limits. IDFC FIRST Wealth 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: HDFC Bank - HDFC Millennia · IDFC FIRST Bank - IDFC FIRST Wealth