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]

Yes in single shot.
And you can withdraw minimum and maximum only 400 .

Thank you! Any idea by which day in the month typically the CB points come ? (So i don't keep checking everyday!)

 

[cool_jazz]

Thank you! Any idea by which day in the month typically the CB points come ? (So i don't keep checking everyday!)

No one knows. In past 2 months got before 15th. Earlier end of month. So wait
Wait
Wait
And
Wait 😄

 

[350modena]

No one knows. In past 2 months got before 15th. Earlier end of month. So wait
Wait
Wait
And
Wait 😄

Also does millenia Visa or mastercard dc matter or both have same CB structure and rules ?

 

[BeingIncog]

Also does millenia Visa or mastercard dc matter or both have same CB structure and rules ?

they are the same

 

[350modena]

Thanks. I have a MC and was wondering if that could be causing any delays / issues.

they are the same

 

[BeingIncog]

Thanks. I have a MC and was wondering if that could be causing any delays / issues.

nope . .

 

[Sriim]

Thank you! Any idea by which day in the month typically the CB points come ? (So i don't keep checking everyday!)

It was around 20-23rd till a couple of months ago. Last 2 months it was before 15th. Once i got on 2nd of next month

 

[350modena]

It was around 20-23rd till a couple of months ago. Last 2 months it was before 15th. Once i got on 2nd of next month

Well 15th has passed so guess it s just a wait and watch!

 

[AllThatStuff]

I was thinking to convert 1 of my 2 idle sitting Easyshop Platinum DC to Millennia...but now I guess I'll wait for latest cashback before proceeding !!

 

[desiviru]

Update: I have received Rs.400 cashback for month of September, 2024 in 2 out of 4 accounts.

You can now start checking yours. 🙂

@6ix9ine @HumorSimpson @Centurion_wala @pinki @Abhishek012 @Sriim @350modena

 

[Sriim]

Update: I have received Rs.400 cashback for month of September, 2024 in 2 out of 4 accounts.

You can now start checking yours. 🙂

@6ix9ine @HumorSimpson @Centurion_wala @pinki @Abhishek012 @Sriim @350modena

I've come to believe that you check millennia DC points on a daily basis😅

 

[desiviru]

I've come to believe that you check millennia DC points on a daily basis😅

Nah, this time checked on Dec 9 and then 15. After that left it till yesterday until somebody said he got it. Today morning also, Ash8 said he gets it. So I knew batches have started and we will get it by today or tomorrow.

Now 2 accs left which will be checked tomorrow. After that direct Jan 15.

 

[desiviru]

Update: Received for other 2 accs also. Before shutting down laptop, checked for last time and it were there.

I was wondering that on rewardz redemption page at HDFC Netbanking (Old Interface one), it is written that minimum points to redeem on Millennia is 400 but it is nowhere mentioned that it should be in multiples of 400.

So I request anyone having more than 400 say 450, 600, 700 try to redeem and share your view. I had in one account but redeemed 400 only and now total has come below it so will try next month to redeem all.

Pls share if anyone able to redeem pts that are not divisible by 400 as TnC don't say so.

 

[6ix9ine]

Update: Received for other 2 accs also. Before shutting down laptop, checked for last time and it were there.

I was wondering that on rewardz redemption page at HDFC Netbanking (Old Interface one), it is written that minimum points to redeem on Millennia is 400 but it is nowhere mentioned that it should be in multiples of 400.

So I request anyone having more than 400 say 450, 600, 700 try to redeem and share your view. I had in one account but redeemed 400 only and now total has come below it so will try next month to redeem all.

Pls share if anyone able to redeem pts that are not divisible by 400 as TnC don't say so.

@350modena check yours

I've also asked my friend. He had 200ish before and after today, his total will be 600ish. Will let you know, what comes on his screen.

Waise lagta nhi hoga, error throw kardega. Let's see

 

[350modena]

@350modena check yours

I've also asked my friend. He had 200ish before and after today, his total will be 600ish. Will let you know, what comes on his screen.

Waise lagta nhi hoga, error throw kardega. Let's see

Yes just checked. Have received! Thanks dude!

 

[cool_jazz]

Still pending.. !!! And we can withdraw only 400.
Max 400 Min 400

 

[desiviru]

Still pending.. !!! And we can withdraw only 400.
Max 400 Min 400

Min. is 400. Maximum can be anything like 800/1200 but want to clear air on that.

Also people incl. me redeem it faster because already we wait for 90 days for pension to come. As it is continous every month due to our txns, it feels like every month. So no one takes a moment of thinking before redeeming.

Kahi 400 udd naa jaye isliye dikhtey hi daboch lo.

 

[cool_jazz]

Min. is 400. Maximum can be anything like 800/1200 but want to clear air on that.

Also people incl. me redeem it faster because already we wait for 90 days for pension to come. As it is continous every month due to our txns, it feels like every month. So no one takes a moment of thinking before redeeming.

Kahi 400 udd naa jaye isliye dikhtey hi daboch lo.

Last time i tried, not able to redeem above 400. Will try again this month.
Waiting for 400, already having 250+

 

[desiviru]

Last time i tried, not able to redeem above 400. Will try again this month.
Waiting for 400, already having 250+

So cleared that we can redeem in multiples of 400 only.

Here is TnC on website at Millennia DC page.

• Cashback Rewards 
• Get up to ₹4800 Cashback every year
• Cashback Points can be earned for every transaction greater than ₹400
• Maximum aggregate Cashback Points per account per month is 400
• Cashback Points need to be redeemed through NetBanking in mulitples of 400
• Cashback Points will be credited in 90 days from the end of the transaction month
• Cashback Points will be valid for redemption within the next 12 months after which your Cashback Points will lapse.
• No maximum capping on redemption subject to availability

 

[kushhh]

Did you guys get 5+5+2.5 on smartbuy spends?