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]

Bhai max to kitna bhi spend kar sakte ho. But maximum benefit will stop at Rs 5340 to get 400 cashback.
And at 20k spends it will stop at Rs 1000 cashback of smartbuy.

And this is millenia DC not CC right ?

No such benefits on ESP DC?

 

[Hemang]

And this is millenia DC not CC right ?

No such benefits on ESP DC?

Yes millennia debit card, as far as I know platinum debit card would fetch only 5% upto 1000 smartbuy cashback on 20k spends.

 

[6ix9ine]

And this is millenia DC not CC right ?

No such benefits on ESP DC?

Smartbuy cashback is for every debit card of HDFC. 5% upto 1000.

So, if you make the ₹20000 worth of purchase from smartbuy, you will get 5% additional cashback upto 1000.

This is completely different from 1% of utility cashback upto ₹750/-

 

[arpit10082]

Plus 5% + 2.5% for shopping on smartbuy using hdfc debit card. (With combined cap of 400 per month). Exclusive feature of millenia debit card.
For any further query, refer to our brother @desiviru explanation in this thread only for detailed information.

Means if I already earned 400 cap by loading money into wallet then I will only receive 5% upto 1000 on smartbuy and no extra cashback

 

[6ix9ine]

Means if I already earned 400 cap by loading money into wallet then I will only receive 5% upto 1000 on smartbuy and no extra cashback

Yup, that's correct.

 

[350modena]

Smartbuy cashback is for every debit card of HDFC. 5% upto 1000.

So, if you make the ₹20000 worth of purchase from smartbuy, you will get 5% additional cashback upto 1000.

This is completely different from 1% of utility cashback upto ₹750/-

Got it thank you!

 

[350modena]

Yes millennia debit card, as far as I know platinum debit card would fetch only 5% upto 1000 smartbuy cashback on 20k spends.

Super thanks !

 

[Hemang]

Means if I already earned 400 cap by loading money into wallet then I will only receive 5% upto 1000 on smartbuy and no extra cashback

Bilkul sahi javaab hai apka

 

[arpit10082]

Yup, that's correct.

One more question smartbuy cashback comes under which cashback type ?promotional cashback or millennia dc cashback. because millennia dc cashback can be redeemed only in multiple of 400 but in case of promotional cashback we can redeem any amount

 

[6ix9ine]

One more question smartbuy cashback comes under which cashback type ?promotional cashback or millennia dc cashback. because millennia dc cashback can be redeemed only in multiple of 400 but in case of promotional cashback we can redeem any amount

Yes, they fall under the 'promotional cashback' category, which is a completely separate section in the rewards.

I'm not sure about the redemption limit, as I have a Platinum DC. However, as far as I remember, your query has been answered in this thread.

//Edit: There you go, I found it for you:

The promotinal cashback has minimum Rs.1 or 1 Point conditions

 

[HumorSimpson]

Smartbuy cashback is for every debit card of HDFC. 5% upto 1000.

So, if you make the ₹20000 worth of purchase from smartbuy, you will get 5% additional cashback upto 1000.

This is completely different from 1% of utility cashback upto ₹750/-

So for Millenium DC, on smart buy 10% upto 1k.


Utility separate bucket of 1% upto 750?

 

[vine]

Means if I already earned 400 cap by loading money into wallet then I will only receive 5% upto 1000 on smartbuy and no extra cashback

Which wallet(s) can we load money using millennia DC, without any charges?

 

[arpit10082]

Which wallet(s) can we load money using millennia DC, without any charges?

Amazon and mobikwik and Bajaj finserve if you have Visa varient

 

[Hemang]

Which wallet(s) can we load money using millennia DC, without any charges?

Amazon, phonepe wallet

 

[6ix9ine]

So for Millenium DC, on smart buy 10% upto 1k.

No no, I see where you are getting confused.

Millennia DC/Platinum DC has 5% smartbuy cashback upto 1000. (This is completely different cashback)

And, there is extra 5% cashback points on shopping via SmartBuy if you use Millennia DC, but this does not get accumulated with the initial 5% which I wrote above.

Instead this gets combined with 2.5% cashback points on all online Spends, which is a feature of Millennia DC.

Example: You made a transaction of 5000 on smartbuy (lets say any voucher) using Millennia DC.

Answer: You will get ₹250/- (which falls under 5% promotional cashback upto 1000) + You will get ₹375/- (which falls under debit card feature)

Now you may wonder why ₹375 (7.5% of 5000) instead of ₹125 (2.5% of 5000)

Because when you make a purchase on smartbuy using millennia DC, it's not 2.5% millennia feature instead its 7.5% (5% + 2.5% additional smartbuy + millennia feature)

 

[6ix9ine]

Utility separate bucket of 1% upto 750?

If you have platinum DC then yes, it's a different bucket

If you have millennia DC then it gives 2.5% instead of 1% but upto 400 only.

If you use Millennia DC in smartbuy, you get 7.5% upto 400. (because you have additional 5% cashback of smartbuy here)

I hope this helps a little.

 

[vine]

Amazon and mobikwik and Bajaj finserve if you have Visa varient

By Amazon wallet, you mean the other one which is not GV balance, correct?

 

[vine]

If you use Millennia DC in smartbuy, you get 7.5% upto 400.

Noted.

1) Is this 7.5% for any buying transaction or bill payments etc ?

2) Any other restrictions in smartbuy or millennia DC to get this 7.5% , other than calendar monthly limit of ₹400 ?

 

[6ix9ine]

Noted.

1) Is this 7.5% for any buying transaction or bill payments etc ?

2) Any other restrictions in smartbuy or millennia DC to get this 7.5% , other than calendar monthly limit of ₹400 ?

Answers to both questions: You will earn additional cashback according to the highlighted table.

So, the answer is no for bill payments.

 

[Hemang]

By Amazon wallet, you mean the other one which is not GV balance, correct?

Haan bhai bilkul