HDFC Millennia Credit Card vs SBI Cashback Credit Card
A head-to-head comparison on verified fees, waiver math, reward rates, lounge conditions and forex charges.
Our verdict
Millennia pays 5% only at its partner stores; SBI Cashback pays 5% almost everywhere online. For most online shoppers, Cashback is the safer 5%.
Pick Millennia if your online shopping is concentrated on Amazon, Flipkart, Swiggy and its other partner apps.
Pick SBI Cashback if your online spends are spread across many sites and you do not want to track a partner list.
| Compare | HDFC Millennia Credit Card | SBI Cashback Credit Card |
|---|---|---|
| Annual fee | ₹1,000 + GST (₹1,180 total) | ₹999 + GST (₹1,179 total) |
| Fee waiver | Waived on ₹1,00,000 annual spend | Waived on ₹2,00,000 annual spend |
| Headline reward | 5% Cashback on Amazon, Flipkart, Swiggy, Zomato, Uber, Myntra | 5% Flat Cashback on online merchant spends |
| Online spends return | 5% | 5% |
| Dining return | 5% | 5% |
| Travel return | 2% | 5% |
| Bills and UPI return | 1% | 1% |
| Fuel return | 0% | 0% |
| Lounge access | No standalone lounge access: 1 domestic lounge visit per quarter is offered only as a milestone choice instead of a ₹1,000 gift voucher, on ₹1,00,000 or more spends in that quarter | No complimentary lounge access |
| Forex markup | 3.5% + 18% GST | 3.5% + 18% GST |
| RuPay UPI payments | Not supported | Not supported |
| Credwiser score | 86/100 | 95/100 |
Green cells mark the stronger card on that row. Returns are effective category rates from each card verified record, before caps; check the fine print below for caps.
The fine print decides it
HDFC Millennia Credit Card
Annual fee ₹1,000 + 18% GST. CashPoints valid for 2 years. There is no standalone lounge entitlement; a domestic lounge visit is only a milestone reward choice on ₹1,00,000+ quarterly spends.
Last verified against MITC: 21 October 2026 • View official MITC →
SBI Cashback Credit Card
Cashback is calculated on transaction completion and credited automatically to statement. ₹999 + 18% GST (₹1,179 total annual fee). Card renewal fee is waived on spending ₹2,00,000 in previous year. From 1 April 2026 the maximum cashback is ₹2,000 on online spends and ₹2,000 on offline spends per statement cycle (₹4,000 in total), and gaming, toll and government spends are excluded.
Last verified against MITC: 21 October 2026 • View official MITC →
Frequently asked questions
Which is cheaper, HDFC Millennia Credit Card or SBI Cashback Credit Card?
HDFC Millennia Credit Card charges ₹1,000 + gst (₹1,180 total) and its waiver position is: waived on ₹1,00,000 annual spend. SBI Cashback Credit Card charges ₹999 + gst (₹1,179 total) with this waiver position: waived on ₹2,00,000 annual spend. Remember the fee is billed first and reversed later on cards that offer a waiver.
Which card has better lounge access, HDFC Millennia Credit Card or SBI Cashback Credit Card?
HDFC Millennia Credit Card: No standalone lounge access: 1 domestic lounge visit per quarter is offered only as a milestone choice instead of a ₹1,000 gift voucher, on ₹1,00,000 or more spends in that quarter. SBI Cashback Credit Card: No complimentary lounge access. Always check the spend gate, if any, before travelling; our Lounge Access Checker shows the exact criteria for both cards.
HDFC Millennia Credit Card vs SBI Cashback Credit Card: which should I pick?
Millennia pays 5% only at its partner stores; SBI Cashback pays 5% almost everywhere online. For most online shoppers, Cashback is the safer 5%. Pick Millennia if your online shopping is concentrated on Amazon, Flipkart, Swiggy and its other partner apps. Pick SBI Cashback if your online spends are spread across many sites and you do not want to track a partner list.
More comparisons with these cards
Compare any two cards freely in the side-by-side comparison matrix, or check gates and caps in the Lounge Access Checker and Cashback Cap Maxer.