Millennia DC vs. Millennia CC benefits

[Trust Me]

Couldn't find this topic discussed anywhere on search, so putting my query in a new thread.

What are the basic differences in benefits of the Millennia debit card as opposed to those of the Millennia credit card? I'm not talking about the maximum entitlement per month, redemption rules and such, -- those can be found easily enough.

I'm confused about the 5% cashback benefits from SmartBuy and PayZapp, for example. The Millennia Credit card rules clearly specify a number of vendors (including Amazon and Flipkart) who provide this 5% cashback benefit.

However, the Millennia Debit card rules are non-committal, just promising 5% unspecified cashback at SmartBuy and PayZapp! When queried, the HDFC Customer service was also non-committal, just pointing me to the SmartBuy T&C page which doesn't even mention the Millennia Debit card, so it must be clubbed with the non-specific 'other debit cards'!

If there are no differentiating benefits over 'other debit cards', then why even hype up the '5% cashback at SmartBuy and PayZapp' for the Millennia debit card?! Just marketing?
Anybody knows? Thanks.

 

[Chaitanya-a]

are u investing in it.
is it safe sir.
koi pay later ka loan to nhi show ho jayega.

It is not that safe. But good for small amount that we can afford to lose.

Koi loan ni show karega bhai hum paise de rhe hai loan me, le nhi rhe.

 

[TheMentalist]

Use coupon Fullpay (assuming bill is 16k) and keep 16k in Flexi @12% for 30 days -
160+800+400+100+160=1620/16000=10.12%

MCC + MDC = 10.12%

if mcc and mdc both
then 160+800+400=1360/16000 =8.5%

It should be 32000 instead of 16000 for MCC + MDC

 

[Card_Crafter]

It should be 32000 instead of 16000 for MCC + MDC

Nah 16k only. Here we are utilising 16k amount from CC then repaying those 16k using DC after 30-45 days with some extra tricks to reap maximum rewards.

 

[Card_Crafter]

are u investing in it.
is it safe sir.
koi pay later ka loan to nhi show ho jayega.

Never invested tbh.
Main to bas ek jariya bata Raha hoon benefit maximize karne ka.
As Chaitanya said, it's an investment not a loan.

 

[rohant]

Millenia DC gives regular

MDC
upto 1000cashback @5% on smartbuy.

and 400 cashpoints @2.5%

400+800 when 16000 product
1200/16000=7.5

400+1000 when 20000 product
1400/20000=7%

MCC
upto 1000cashback on smartbuy+1% upto 1000

160+800=960/16000=6%
now pay by mdc 16000 rs on mobiquick and get 400rs cashback @2.5%

if mcc and mdc both
then 160+800+400=1360/16000 =8.5%

Millenia DC gives regular 5% upto 1000 + 5% cashpoints upto 400 when transacting on Smartbuy

 

[Buttman]

I think it is less than 5%
Bought 10k amazon gv. Was charged 147 as convinience fee. Got 507 cashback. will get 104 as cashpoints. 507+104 - 147 = 464

So, 4.64%. Please correct me if my calculations are incorrect. Thanks

Mind if I dm you? Need to ask some details

 

[rohant]

Mind if I dm you? Need to ask some details

sure, but they have started charging 3.25% as processing fees now. So, makes no sense to get it, unless you do not have any other option

 

[Buttman]

Yeah bro I’m aware of that. I had a few other questions. Ive shot u a dm. Would really appreciate some clarity on this! Thanks.

sure, but they have started charging 3.25% as processing fees now. So, makes no sense to get it, unless you do not have any other option

 

[Buttman]

You can't get Rs.400 CB every month by loading money into PayTM wallet via any other HDFC DC 😛

Btw, I don't think 5% mention is hype, they have just mentioned that you would get it..


Well.... Credit card is credit card i.e. you are getting the benifit of buying all items on credit and then paying the bill at the end of month (or whatever your stmt period is) while if you use Debit card, the amount would go at that very moment (just gave high level idea, which you might already be knowing)

Both have 5% CB on SmartBuy and so, they are mostly equal (railway booking is costly via CC than DC)

To compare some pros and cons of both (which can be compared via their offerings too)-

Some pros of Millennia DC over CC:
- you will get 2.5% CB on other online spends when compared to CC's 1% CB
- No additional processing fee or charges while using it online (wallet loads, railway booking, etc)

Some pros of Millennia CC over DC:
- Higher per month CB limit (2000 vs 400, including all spends)
- Additional Rs.1000 voucher on spending 1L in a quarter
- May get upgraded to higher CC variants in future.

So cb from purchases on amazon/fk is capped at 1k and there is a seperate 1k cap for smartbuy cb? Or is it all capped at just 1k per montb irrespective of where you make the purchases from?

 

[NOOBY]

So cb from purchases on amazon/fk is capped at 1k and there is a seperate 1k cap for smartbuy cb? Or is it all capped at just 1k per montb irrespective of where you make the purchases from?

separate

Read T&C: https://www.hdfcbank.com/content/ap...ay/cards/millennia-cards/cashback-credit-card

 

[D₹V]

So cb from purchases on amazon/fk is capped at 1k and there is a seperate 1k cap for smartbuy cb? Or is it all capped at just 1k per montb irrespective of where you make the purchases from?

Y e s

 

[CHOCOPANDA]

Millenia CC has 3 separate limits right?

1000 for 5% merchants
1000 for 1% category
1000 for smartbuy.

Post in thread 'Hdfc Millenia Credit Card Benefits' https://www.technofino.in/community/threads/hdfc-millenia-credit-card-benefits.21691/post-486457


Bro smartbuy me @NShah is saying 1% for using millenia cc and 5% for smartbuy. For that getting confuse. If I use 20k in smartbuy then as per this comment I should get 6%

 

[knight]

Post in thread 'Hdfc Millenia Credit Card Benefits' https://www.technofino.in/community/threads/hdfc-millenia-credit-card-benefits.21691/post-486457


Bro smartbuy me @NShah is saying 1% for using millenia cc and 5% for smartbuy. For that getting confuse. If I use 20k in smartbuy then as per this comment I should get 6%

Yes.
Smartbuy has a cap of 1000 for 5% that gets posted to Millennia CC within ~3 days.
And at month end you'd get 1% cb as RP like you get for other txns.
Total 6%

 

[CHOCOPANDA]

Yes.
Smartbuy has a cap of 1000 for 5% that gets posted to Millennia CC within ~3 days.
And at month end you'd get 1% cb as RP like you get for other txns.
Total 6%

Fantastic Jai ho

 

[CHOCOPANDA]

Yes.
Smartbuy has a cap of 1000 for 5% that gets posted to Millennia CC within ~3 days.
And at month end you'd get 1% cb as RP like you get for other txns.
Total 6%

I bought 10k fk voucher with my millenia cc through smartbuy. As smartbuy has limit of 10k voucher from smartbuy gyftr. So i created smartbuy account for my younger brother who hav hdfc acc. And though his smartbuy ac I again bought 10k fk vchr.. I want to know whether I will get 5% cashback and 1% additional cashback for the another 10k fk voucher which I did not brought from my smartbuy account?

 

[CyberPsych]

I bought 10k fk voucher with my millenia cc through smartbuy. As smartbuy has limit of 10k voucher from smartbuy gyftr. So i created smartbuy account for my younger brother who hav hdfc acc. And though his smartbuy ac I again bought 10k fk vchr.. I want to know whether I will get 5% cashback and 1% additional cashback for the another 10k fk voucher which I did not brought from my smartbuy account?

All cashback points are credited to the credit card. So, it is per card limit no matter which smartbuy login to purchase.

 

[iamgoodboy]

You can't get Rs.400 CB every month by loading money into PayTM wallet via any other HDFC DC 😛

Btw, I don't think 5% mention is hype, they have just mentioned that you would get it..


Well.... Credit card is credit card i.e. you are getting the benifit of buying all items on credit and then paying the bill at the end of month (or whatever your stmt period is) while if you use Debit card, the amount would go at that very moment (just gave high level idea, which you might already be knowing)

Both have 5% CB on SmartBuy and so, they are mostly equal (railway booking is costly via CC than DC)

To compare some pros and cons of both (which can be compared via their offerings too)-

Some pros of Millennia DC over CC:
- you will get 2.5% CB on other online spends when compared to CC's 1% CB
- No additional processing fee or charges while using it online (wallet loads, railway booking, etc)

Some pros of Millennia CC over DC:
- Higher per month CB limit (2000 vs 400, including all spends)
- Additional Rs.1000 voucher on spending 1L in a quarter
- May get upgraded to higher CC variants in future.

Does Millennia DC give 1% cashback on credit card bill Payment through hdfc bill pay ?

 

[Abhishek012]

Does Millennia DC give 1% cashback on credit card bill Payment through hdfc bill pay ?

HDFC Millennia DC - You will get 2.5% upto 400 cashback per month on credit card bill Payment through hdfc bill pay, SBI Unipay website and Sri ram one app.

 

[iamgoodboy]

HDFC Millennia DC - You will get 2.5% upto 400 cashback per month on credit card bill Payment through hdfc bill pay, SBI Unipay website and Sri ram one app.

Thank you 😊
In money back debit card is there any cashback for cc bill payment?

 

[CyberPsych]

SBI Unipay website and Sri ram one app.

Is there another sites for Platinum DC like this which give 1% for bill payment?