IndusInd Nexxt Credit Card VS Bandhan Bank Flare Credit Card VS Bandhan Bank Sparks Credit Card VS HDFC Bank Millennia Credit Card
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
IndusInd Nexxt Credit Card
Bandhan Bank Flare Credit Card
Bandhan Bank Sparks Credit Card
HDFC Bank Millennia Credit Card
Who is it for?
Who is it for?
Who is it for?
Who is it for?
Pros
Key benefits and features.
Enjoy India's first interactive credit card with unique in-built LED payment options.
Benefit from a "Buy One Get One Free" movie offer on BookMyShow twice a month.
Receive comprehensive insurance, including personal air accident and fraud protection.
Access exclusive welcome gift vouchers from premium brands upon card issuance.
The card comes with a nil annual fee, making it cost-effective for long-term use.
Pros
Key benefits and features.
Never-expiring reward points ensure long-term value and flexibility for redemption.
Enjoy significant savings with 15% off dining and 25% off movie tickets monthly.
Complimentary domestic and international lounge access enhances travel comfort.
Benefit from a low foreign currency markup of just 1.99% on international spends.
Attractive welcome benefit of an Amazon Pay e-voucher worth ₹2,000.
Pros
Key benefits and features.
No joining fee and a manageable renewal fee, easily waived with annual spending.
Enjoy never-expiring reward points on all eligible spends, offering long-term value.
Valuable welcome benefits include bonus points and cashback on your first EMI booking.
Receive complimentary domestic airport lounge access, enhancing your travel experience.
Benefit from regular movie discounts on BookMyShow, making entertainment more affordable.
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.
Cons
Key drawbacks and limitations.
The IndusInd Nexxt Credit Card has a significant joining fee of ₹10,000 + GST.
A rewards redemption fee of ₹100 is charged for redeeming accumulated points.
Foreign currency transactions incur a relatively high markup of 3.5% on the amount.
Reward points are not accrued on fuel transactions, limiting earning potential.
Cash redemption of reward points is capped at 2,500 points per month from Sep 2024.
Cons
Key drawbacks and limitations.
High monthly income requirement of ₹12 lakh makes the card inaccessible for many.
Renewal fee waiver requires a substantial annual spend of ₹6,00,000.
Interest rates can be high for new customers at 3.50% per month on retail purchases.
Cash advance charges are steep at 3.5% with a minimum of ₹500 plus taxes.
Over limit fee of 2.5% (minimum ₹500) can add unexpected costs.
Cons
Key drawbacks and limitations.
Limited lounge access, offering only one domestic visit per calendar quarter.
A high foreign currency mark-up of 3.50% + taxes makes international transactions costly.
Accelerated reward categories are not explicitly detailed, relying on implied value charts.
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.