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IDFC FIRST Millennia Credit Card VS BOBCARD Premier 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.
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Last updated: 21 July 2026

Both IDFC FIRST Millennia Credit Card and BOBCARD Premier Credit Card suit travel-focused spenders, but they earn and cost differently. IDFC FIRST Millennia Credit Card is lifetime-free and earns 10X points on spends above ₹20,000 and birthdays; 3X on other spends (1X = 1 pt per ₹200). BOBCARD Premier Credit Card is lifetime-free and earns 10 RP per ₹100 on Travel, Dining & International Spends; 2 RP per ₹100 on other eligible categories. IDFC FIRST Millennia Credit Card also brings 4 complimentary railway lounge visits per quarter (subject to monthly spend of ₹20,000), while BOBCARD Premier Credit Card counters with 1 complimentary access per quarter, subject to ₹20,000 spend in preceding quarter from Jan 2025. If shopping spending matters more, go with IDFC FIRST Millennia Credit Card; if travel is the priority, BOBCARD Premier Credit Card fits better.

IDFC FIRST Millennia Credit Card
IDFC FIRST Millennia Credit Card
BOBCARD Premier Credit Card
BOBCARD Premier Credit Card

Fees & Charges

Joining FeeLifetime Free
Joining FeeLifetime Free
Renewal FeeLifetime Free
Renewal FeeLifetime Free
Spend Based WaiverNot applicable as the card is lifetime free.
Spend Based WaiverJoining fee waived on ₹10,000 spends in 60 days. Annual fee waived on ₹1,20,000 spends annually.
Foreign Transaction Fees3.5% of the total transaction value.
Foreign Transaction Fees3.5% on the transaction amount.
Interest Rate (APR)Ranges from 8.5% to 46.2% per annum.
Interest Rate (APR)3.75% Per Month (45% Per Annum).

Rewards & Benefits

Welcome Bonuse-gift voucher worth ₹500 on spending ₹5,000+ within 30 days, plus 5% cashback up to ₹1,000 on first EMI.
Welcome BonusGet 500 bonus Reward Points on spends of ₹5,000 or more within the first 60 days of card issuance.
Rewards RateUp to 10x points on dining, travel, international, birthday spends; 3x on others; 1x on utilities/insurance.
Rewards RateEarn 10 RP/₹100 on Dining, Travel, International (capped 2k RP/month); 2 RP/₹100 on others.
Reward TypeReward Points
Reward TypeReward Points
Reward Redemption Fee₹99 + GST per redemption.
Reward Redemption FeeNil

Travel & Lifestyle

Domestic Lounge Access4 complimentary Railway Lounge access each quarter across India (spend ₹20,000/month to unlock).
Domestic Lounge Access1 complimentary Domestic Airport Lounge Access every calendar quarter at selected airports in India.
International Lounge Access
International Lounge Access
Travel Benefits4 complimentary Railway Lounge access each quarter; 20% bonus points on hotel, 10% on flight bookings.
Travel Benefits1 complimentary Domestic Airport Lounge Access quarterly. Earn 5X Reward Points on Travel spends.
Movie Benefits25% discount, up to ₹100, on movie tickets via District by Zomato app, once monthly.
Movie Benefits
Dining BenefitsUp to 20% discount at more than 1,500 leading restaurants across India.
Dining BenefitsEarn 5X Rewards (10 Reward Points per ₹100) on Dining spends. Access to mouthwatering Culinary Offers.
Golf Benefits
Golf Benefits
Fuel Surcharge Waiver1% waiver for fuel transactions between ₹200 and ₹5,000, up to ₹200 per month.
Fuel Surcharge Waiver1% waiver on fuel transactions between ₹400 and ₹5,000, capped at ₹250 per month.

Security & Other

Insurance BenefitsPersonal Accidental Cover worth ₹2 Lakh; Lost Card Liability Cover of ₹25,000.
Insurance BenefitsIncludes personal accident insurance. Zero Liability on lost card upon immediate reporting.
Cash Advance Charges₹199 + GST per transaction. Interest-free cash withdrawals from ATMs for up to 45 days.
Cash Advance Charges2.5% or ₹500 (whichever is higher).
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Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

IDFC FIRST Millennia Credit Card

BOBCARD Premier Credit Card

Who is it for?

The IDFC FIRST Millennia Credit Card is an entry-level, lifetime-free credit card for young individuals. It offers up to 10x non-expiring reward points on various spends, complimentary railway lounge access, and discounts on movies and dining. This card is a value-for-money option for everyday spending and domestic travel, making it ideal for young earners and trendsetters.

Who is it for?

The BOBCARD Premier Credit Card is a mid-range to premium travel-focused credit card, ideal for frequent domestic travelers and those who enjoy dining and international transactions. It offers accelerated reward points on these categories, complimentary domestic airport lounge access, and a fuel surcharge waiver. Currently available as a limited-time lifetime free offer, it also supports UPI linkage via its RuPay variant, making it a valuable option for diverse spending needs.

Pros

Key benefits and features.

Lifetime free credit card with no joining or annual fees, offering great value.

Enjoy 4 complimentary railway lounge accesses each quarter, ideal for train travelers.

Reward points never expire, ensuring long-term value and flexibility in redemption.

Earn up to 10x reward points on dining, travel, international, and birthday spends.

Benefit from low interest rates starting at 8.5% per annum and interest-free cash withdrawals.

Pros

Key benefits and features.

Currently available as a lifetime free credit card (limited-time offer) with a decent reward rate.

Offers free domestic airport lounge access across the country.

Provides 5X reward points on travel, dining, and international spending.

Beneficial for taking advantage of various BOBCARD Credit Card offers.

Includes a fee waiver on milestone spends for the paid version.

Cons

Key drawbacks and limitations.

The card does not offer any domestic or international airport lounge access.

A reward redemption fee of ₹99 + GST is charged for every redemption.

A foreign currency markup of 3.5% applies to all international transactions.

Cash advance charges of ₹199 + GST are applicable per transaction.

Cons

Key drawbacks and limitations.

High 3.5% foreign currency markup fee, despite accelerated international spend rewards.

Accelerated 5X Reward Points are capped at 2,000 points per month in specific categories.

Complimentary lounge access will become conditional on minimum spends from January 1, 2025.

How We Compare These Cards

Every comparison on CardsForYou is built from the same verified data set we use across the site - joining and renewal fees, reward rates, forex markup, lounge access, and insurance benefits - sourced directly from each issuer and refreshed regularly. We highlight the lower-cost option on fees automatically, but "best" always depends on your own spending pattern: a card that wins on annual fee may lose on reward rate for a heavy spender, and vice versa. Use the table above alongside your own typical monthly spend to judge real value, not just the headline numbers.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.
Apply for IDFC FIRST Millennia Credit Card(opens in new tab)Apply for BOBCARD Premier Credit Card(opens in new tab)