HDFC Millennia DC: Smartbuy 5% + 5% + 2.5%

[desiviru]

This post is regarding earning 12.5% on Smartbuy using HDFC Millenia. There is nothing new in this but many of us are missing higher CB on low spend.

We all know that Millennia DC has max. cap of Rs.400 as 5% cashback so we mostly use it for 16000 CC Payment or some use it for wallet load of 40K.

The thing I analyzed today was, my friend in Dec- 2023 used his Millennia DC on smartbuy for Rs.5000 for flipkart voucher only and nowhere else. When I checked his rewards, it were 5% smartbuy cashback offer (upto Rs.1000/month) for HDFC cards i.e Rs.250 were credited in April 2024, 5% Millennia DC specific for txn on Smartbuy/Payzapp i.e as per TnC and also 2.5% as online usage. Total 375 was credited to him. Max. is 400.

With Millennia CC it was confirmed since years that smartbuy txns were giving 5% cashback + 1% online spend so total 6% but same is with Millennia DC also.

So next time when you buy A gift card from smartbuy worth Rs. 5340 will fetch you- Rs.267+133.50 = Rs. 400 (50 paisa 😆 will not be given as 400 is max limit). The smartbuy cashback of 5340*5/100= 267 will be extra and come under 1000 cashback category.

Main point missed was the 5% debit card specific cashback and 2.5% online and 1% offline/wallet load, all have a cumulative limit of max. 400. So most of us missed this thing as were spending more than 8000-16000 every month.

 

[350modena]

Last one also got. All 4 got their HDFC 16K ka CC Bharo Pension Yojna. 🤣

Hey! I transacted between 23-30 Aug24. Not received CB yet on my MC Millenia DC. Any chance it's still possible to automatically get? Or should I contact hdfc bank ?

 

[6ix9ine]

Hey! I transacted between 23-30 Aug24. Not received CB yet on my MC Millenia DC. Any chance it's still possible to automatically get? Or should I contact hdfc bank ?

By november end or starting december. It should be credited.

 

[350modena]

By november end or starting december. It should be credited.

Thanks. This calculation of millenia credit is tough man!

 

[6ix9ine]

Thanks. This calculation of millenia credit is tough man!

yea, that's why I use platinum DC 😂

 

[aniketkr.sharma]

This post is regarding earning 12.5% on Smartbuy using HDFC Millenia. There is nothing new in this but many of us are missing higher CB on low spend.

We all know that Millennia DC has max. cap of Rs.400 as 5% cashback so we mostly use it for 16000 CC Payment or some use it for wallet load of 40K.

The thing I analyzed today was, my friend in Dec- 2023 used his Millennia DC on smartbuy for Rs.5000 for flipkart voucher only and nowhere else. When I checked his rewards, it were 5% smartbuy cashback offer (upto Rs.1000/month) for HDFC cards i.e Rs.250 were credited in April 2024, 5% Millennia DC specific for txn on Smartbuy/Payzapp i.e as per TnC and also 2.5% as online usage. Total 375 was credited to him. Max. is 400.

With Millennia CC it was confirmed since years that smartbuy txns were giving 5% cashback + 1% online spend so total 6% but same is with Millennia DC also.

So next time when you buy A gift card from smartbuy worth Rs. 5340 will fetch you- Rs.267+133.50 = Rs. 400 (50 paisa 😆 will not be given as 400 is max limit). The smartbuy cashback of 5340*5/100= 267 will be extra and come under 1000 cashback category.

Main point missed was the 5% debit card specific cashback and 2.5% online and 1% offline/wallet load, all have a cumulative limit of max. 400. So most of us missed this thing as were spending more than 8000-16000 every month.

I think no one observed 5k ×7.5% = 375, why this post is misguiding a lot🤣

So it's only 2.5% for online transaction and 5% for smartbuy

For current 2- 3% with vouchers its coming down to again 4.5% cashback

 

[vega]

I think no one observed 5k ×7.5% = 375, why this post is misguiding a lot🤣

So it's only 2.5% for online transaction and 5% for smartbuy

For current 2- 3% with vouchers its coming down to again 4.5% cashback

@desiviru has not disillusioned anyone. He has given correct explanation of utilising millennia dc to its full extent.

I know some don't get cashback. But for them, they need to take care of MCC.

 

[Shubham7]

yea, that's why I use platinum DC 😂

Bhai mere 750 abhi credit ho gaye . Kal raat ko rede

 

[aniketkr.sharma]

@desiviru has not disillusioned anyone. He has given correct explanation of utilising millennia dc to its full extent.

I know some don't get cashback. But for them, they need to take care of MCC.

I don't think he also got 12.5% cashback as 12.5×5000 = 625 and we are capped at 400 and he got 375 then how he's mentioning 12.5% cashback?

 

[Asteroid]

How do you get 400cb from paying 16k CC bill? Use SBI unipay or Payzapp or some other platform?

 

[vega]

I don't think he also got 12.5% cashback as 12.5×5000 = 625 and we are capped at 400 and he got 375 then how he's mentioning 12.5% cashback?

it were 5% smartbuy cashback offer (upto Rs.1000/month) for HDFC cards i.e Rs.250

This 5% Smartbuy cashback offer is additional.

5%+2.5% millennia dc feature.
5% Smartbuy for hdfc card.

 

[6ix9ine]

I don't think he also got 12.5% cashback as 12.5×5000 = 625 and we are capped at 400 and he got 375 then how he's mentioning 12.5% cashback?

There are 3 percentages here: 2.5%, 5%, and another 5%.

• The 2.5% and 5% apply to the ₹400 millennia cap.
• The 5% (Smartbuy) applies to the ₹1,000 cap and is universal for all HDFC cardholders.

Read this thread to understand how it works. From the looks of it, you seem new to Millennia/Smartbuy.

 

[navdeep22]

This 5% Smartbuy cashback offer is additional.

There are 3 percentages here: 2.5%, 5%, and another 5%.

• The 2.5% and 5% apply to the ₹400 millennia cap.
• The 5% (Smartbuy) applies to the ₹1,000 cap and is universal for all HDFC cardholders.

Read this thread to understand how it works. From the looks of it, you seem new to Millennia/Smartbuy.

I think Smartbuy 5% is now 1% for debit cards also like credit card

 

[6ix9ine]

I think Smartbuy 5% is now 1% for debit cards also like credit card

Nope, smartbuy cashback is variable. I got 10% in smartbuy as I did transaction on pharmeasy.

You can refer this: https://offers.smartbuy.hdfcbank.com/offer_details/smartbuy/15282/Zmilm2U=

In case, you are asking about millennia's smartbuy cashback, it's 5% as well.

Cashback points

• 5% Cashback points on shopping via PayZapp and SmartBuy
• 2.5% Cashback points  on all online Spends
• 1% Cashback points on all offline spends and Wallet reloads

Source: https://www.hdfcbank.com/personal/pay/cards/millennia-cards/millennia-debit-card

 

[vega]

I think Smartbuy 5% is now 1% for debit cards also like credit card

Depends where you shop.

 

[navdeep22]

Depends where you shop.View attachment 75325

yeah i was talking about irctc

 

[aniketkr.sharma]

There are 3 percentages here: 2.5%, 5%, and another 5%.

• The 2.5% and 5% apply to the ₹400 millennia cap.
• The 5% (Smartbuy) applies to the ₹1,000 cap and is universal for all HDFC cardholders.

Read this thread to understand how it works. From the looks of it, you seem new to Millennia/Smartbuy.

I am saying on the behalf of what he actually got, not on imaginary offers that are only for display and for spends you get nothing

 

[Centurion_wala]

Did you receive the remaining 2.5%?

No, I did not.

Also, I mailed HDFC and they said that the transaction was eligible only for 5% cashback.
So, For Clarification:
There is a high chance you might get only 5%+5% instead of 5%+5%+2.5%.
Make your transactions keeping in mind the 10% calculation to avoid being stuck with insufficient balance for redemption.

 

[aniketkr.sharma]

No, I did not.

Also, I mailed HDFC and they said that the transaction was eligible only for 5% cashback.
So, For Clarification:
There is a high chance you might get only 5%+5% instead of 5%+5%+2.5%.
Make your transactions keeping in mind the 10% calculation to avoid being stuck with insufficient balance for redemption.

Right and also I think 3-4% charge on giftcards are ruining the cashback to 6-7%