Hdfc millenia closing

[sharu_rat]

I have HDFC Millenia Credit card. I sent two or three request mails to customer care to convert it to LTF. But they rejected my request.
I am holding SBI Cash Back CC.I am thinking to close HDFC Millenia. Please provide your views. Is there any category where millenia beat SBI Cash back?

 

[kiwi]

Millenia rewards education and jewelery purchases.

Occasional spend based offers like spend 6k get 500 agv

 

[Aegon]

I have HDFC Millenia Credit card. I sent two or three request mails to customer care to convert it to LTF. But they rejected my request.
I am holding SBI Cash Back CC.I am thinking to close HDFC Millenia. Please provide your views. Is there any category where millenia beat SBI Cash back?

in terms of returns, it doesn't beat SBI CB but it is a base to get the premium cards from HDFC.
Keep the card and it is very easy to spend 1L on the card to attain fee waiver and you might get card upgrades in the future

 

[prankster]

Read somewhere that they give upto 1k renewal benefits, so you only end up paying the GST amount. So totally worth it for HDFC Bank offers

 

[drsel]

Millenia rewards education and jewelery purchases.

Occasional spend based offers like spend 6k get 500 agv

Do you get 5% upto 1000 on education apps also?

 

[kiwi]

Do you get 5% upto 1000 on education apps also?

No 1% But sbi cb gives 0 in edu and gold categories

 

[drsel]

No 1% But sbi cb gives 0 in edu and gold categories

Then there is no point because the education App charges 1.18% service fee

 

[kiwi]

Then there is no point because the education App charges 1.18% service fee

This is not for edu apps but direct school/college websites . For example my kid's school doesn't charge extra and in one shot I hit quarterly milestone too.

 

[SunnyM]

I also mainly use my Millennia for educational spends . I pay directly on school portal website /app. No extra charges .

 

[sharu_rat]

I don't travel much. Upgrading to regalia gold from millenia worth it?

 

[kiwi]

OK . all the points now I can think of where millenia cc is better than sbi cb

1. Millenia rewards education and jewellery purchases. If quarterly milestone of 1L hit you get 1K voucher too
2. Occasional spend based offers like spend 6k get 500 agv
3. FK BBD sales have instant discount on hdfc core card

even if you pay 1K you get 1K worth reward points and effectively you are just paying 180rs GST thats all.

 

[kiwi]

I don't travel much. Upgrading to regalia gold from millenia worth it?

NO. RG will be waste for non travelers. millenia is the best even if you can't hit fee waiver condition .. see my above post.

 

[sharu_rat]

I also mainly use my Millennia for educational spends . I pay directly on school portal website /app. No extra charges .

I tried that also. They charged Rs 140 rs for 8700 fee

 

[SunnyM]

I tried that also. They charged Rs 140 rs for 8700 fee

When did they charge 140?

 

[kiwi]

When did they charge 140?

Some pgs don't show the extra conv. fee upfront. Couple of my edu payment pgs show them one is 0 and other is 0.5%

 

[SunnyM]

Some pgs don't show the extra conv. fee upfront. Couple of my edu payment pgs show them one is 0 and other is 0.5%

Ohh . I had no idea. I have been paying for last three quarters without any hidden or extra charges.

 

[sharu_rat]

When did they charge 140?

Payment screen itself showing the conv.fee when using visa credit cards.

 

[SunnyM]

Payment screen itself showing the conv.fee when using visa credit cards.

Ohh. Nothing of that sort is charged here . I pay around 58000 every quarter .

 

[rohit_]

Recently, I closed it for the same reason ltf let’s see that they will give me or not their cards.

 

[6ix9ine]

OK . all the points now I can think of where millenia cc is better than sbi cb

1. Millenia rewards education and jewellery purchases. If quarterly milestone of 1L hit you get 1K voucher too
2. Occasional spend based offers like spend 6k get 500 agv
3. FK BBD sales have instant discount on hdfc core card

even if you pay 1K you get 1K worth reward points and effectively you are just paying 180rs GST thats all.

You cannot compare both cards directly. Both are great if you know how to use them.

Millennia is a core card and works well for sales, whereas SBI Cashback will not work.

If there is any HDFC-specific offer, Millennia will benefit you. Given that your spends are less than 1L and you’re unable to fully utilize it, it better to close it.

With HDFC, you get smartbuy portal and much more stuff. Once again, this is an unfair comparison. Both are unique cards and should be considered.

@sharu_rat