IndusInd Nexxt Credit Card VS HDFC Bank Millennia Credit Card VS American Express SmartEarn Credit Card VS AU Bank LIT Credit Card
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
IndusInd Nexxt Credit Card
HDFC Bank Millennia Credit Card
American Express SmartEarn Credit Card
AU Bank LIT 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.
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.
The American Express SmartEarn Credit Card features a low joining fee of just Rs. 495.
Enjoy significant accelerated rewards (10X & 5X) on popular online shopping, dining, and travel platforms.
The annual membership fee can be easily waived by spending Rs. 40,000 in the previous year.
Provides attractive milestone benefits in the form of gift vouchers on reaching spend thresholds.
Benefit from excellent customer service and robust card protection features like Zero Lost Card Liability.
Pros
Key benefits and features.
Highly customizable, allowing users to select and pay for desired features.
Lifetime Free status eliminates annual fees, saving costs on unused benefits.
Offers diverse paid features like accelerated rewards, cashback, and memberships.
Flexibility to activate/deactivate benefits via the AU 0101 App as per need.
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.
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.
The American Express SmartEarn Credit Card lacks domestic or international lounge access benefits.
This card is primarily shopping-focused, lacking a wide array of additional lifestyle benefits.
Monthly caps on accelerated reward points can significantly limit maximum earnings for high spenders.
American Express cards may face acceptance issues at smaller local merchants compared to Visa/Mastercard.
Its standalone value is less compared to combining with other Amex cards for optimized redemption.
Cons
Key drawbacks and limitations.
Users must pay for most premium benefits, increasing overall cost if many are chosen.
Requires active management via app to select/deactivate features and avoid auto-renewal.
Penalty fees apply for not meeting spend targets for certain paid memberships.
Unused lounge access and other paid features expire, cannot be carried forward.