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HDFC Bank Millennia Credit Card VS RBL Bank Apex Credit Card

A detailed, side-by-side look at 2 leading credit cards. Analyze the features that matter most to you and make an informed choice.

Features

HDFC Bank Millennia Credit Card
HDFC Bank Millennia Credit Card
RBL Bank Apex Credit Card
RBL Bank Apex Credit Card

Fees & Charges

Joining Fee
₹1,000 + GST
₹1,000 + GST
Renewal Fee
₹1,000 + GST
₹1,000 + GST
Spend Based Waiver
Renewal fee waived on spending ₹1,00,000 or more in the preceding 12 months.
Foreign Transaction Fees
3.5% + GST on international spends.
Interest Rate (APR)
3.75% per month (45% annually).

Rewards & Benefits

Welcome Bonus
Receive 1,000 bonus CashPoints upon successful realization of the joining fee.
Welcome Vouchers worth over INR 1,700 on first transaction and membership fee payment.
Rewards Rate
Earn 5% cashback on select online merchants & 1% on other eligible online/offline spends.
Earn unlimited 2% cashback on travel/shopping via RBL portal; 1% on other spends (capped at ₹500/month).
Reward Type
Cashback
Cashback
Reward Redemption Fee
₹50 + GST for cash redemption, ₹99 + GST for other requests (effective Aug 2024).
INR 99 + GST per cashback redemption.

Travel & Lifestyle

Domestic Lounge Access
Complimentary airport lounge access voucher upon achieving quarterly spend milestones.
1 complimentary domestic lounge visit per quarter on spending ₹35,000 in the prior quarter.
International Lounge Access
Not Applicable
Travel Benefits
Redeem CashPoints for up to 50% of flight & hotel bookings via SmartBuy Rewards Portal.
Enjoy 2% cashback on flights & hotels via RBL portal and complimentary domestic lounge access.
Movie Benefits
5% cashback on BookMyShow and Sony LIV, capped at 1,000 CashPoints per cycle.
Buy 1 Get 1 Free movie ticket on BookMyShow monthly, capped at INR 100.
Dining Benefits
10% additional discount on Swiggy Dineout, flat ₹200 off (min ₹2000), twice monthly.
Golf Benefits
Not Applicable
Fuel Surcharge Waiver
1% waiver for transactions ₹400-₹5,000, max ₹250 per statement cycle.

Security & Other

Insurance Benefits
Zero liability on fraudulent transactions if lost card is reported immediately.
Cash Advance Charges
2.5% of transaction amount, minimum fee of ₹500.
Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

HDFC Bank Millennia Credit Card

RBL Bank Apex Credit Card

Who is it for?

The HDFC Bank Millennia Credit Card is an entry-level cashback card primarily designed for young professionals and millennials. It offers a significant 5% cashback on popular online merchants and 1% on other eligible spends. Users can enjoy attractive gift vouchers for achieving quarterly spend milestones and a renewal fee waiver based on annual spending. This card is positioned to help users save on lifestyle expenses and build a strong credit profile through versatile reward redemptions.

Who is it for?

The RBL Bank Apex Credit Card is a mid-range offering designed for transparent and seamless cashback. It provides up to 2% unlimited cashback on specific RBL portal categories and 1% on others, alongside welcome vouchers worth over ₹1,700. Cardholders also enjoy up to ₹3,000 in annual milestone cashback, complimentary domestic lounge access, and a monthly 'Buy 1 Get 1 Free' movie offer, making it ideal for everyday spending and entertainment.

Pros

Key benefits and features.

High 5% cashback on popular partner merchants including Myntra, Amazon.

Renewal fee waiver on spending ₹1 Lakh in the card anniversary year.

Provides substantial savings for digital-savvy consumers on daily spends.

Pros

Key benefits and features.

Enjoy unlimited 2% cashback on travel and shopping via the RBL Bank Rewards Portal.

Earn significant milestone benefits, receiving up to ₹3,000 cashback annually.

Benefit from complimentary domestic airport lounge access each quarter.

Get a "Buy 1 Get 1 Free" movie ticket offer on BookMyShow every month.

Receive valuable welcome vouchers worth over ₹1,700 upon card activation.

Cons

Key drawbacks and limitations.

Earns a lower 1% cashback on offline/online spends at non-partner merchants.

Accelerated 5% cashback is capped at 1,000 CashPoints per statement cycle.

A minimum of 500 CashPoints are required to redeem against statement balance.

Cons

Key drawbacks and limitations.

An annual membership fee of ₹1,000 is applicable, adding to the cost.

A redemption fee of ₹99 + GST applies when redeeming your earned cashback.

The 1% cashback on general spends is capped at ₹500 per billing month.

Domestic lounge access is conditional on a minimum spend of ₹35,000 quarterly.

Many categories like Fuel, Utilities, and Insurance are excluded from all benefits.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.