CASHBACK SBI Card vs HDFC Bank Millennia Credit Card
Last verified 19 Oct 2026 · how we compare
Side by side
| Feature | CASHBACK SBI Card | HDFC Bank Millennia Credit Card |
|---|---|---|
| Issuer | SBI Card | HDFC Bank |
| Joining fee | ₹999 | ₹1,000 |
| Annual fee | ₹999 | ₹1,000 |
| Fee waiver | Renewal fee reversed if annual spends in the previous year are ₹2,00,000 or more | Renewal fee waived if you spend ₹1 lakh or more in the year before your renewal date. Paying the joining fee earns 1,000 CashPoints (worth ₹1,000 as statement credit). No joining fee waiver is offered. |
| Everyday spends (value back) | 1% | 1% |
| Online shopping (value back) | 5% | 5% |
| Fuel (value back) | 0% | 0% |
| Groceries (value back) | – | 1% |
| Travel (value back) | – | 1% |
| Bills and utilities (value back) | 0% | 1% |
| Dining and food delivery (value back) | 5% | 5% |
| Rewards in short | Flat cashback card: 5% on online spends and 1% on offline spends, capped at ₹4,000 a statement cycle. | Cashback as CashPoints worth ₹1 each against your bill: 5% at 10 online merchants (Amazon, Flipkart, Myntra, Swiggy, Zomato, Uber, BookMyShow, Tata CLiQ, Cult.fit, Sony LIV) and 1% on most other spends, each capped at ₹1,000 a month. Fuel, rent, wallet loads, EMI and government payments earn nothing. |
| Works on UPI | No | No |
| Airport lounge | Not published by the bank | No free lounge access. Each calendar quarter you spend ₹1 lakh, you can choose one domestic airport lounge voucher instead of the ₹1,000 gift voucher, so up to 4 visits a year. |
| Forex markup | 3.5% | 3.5% |
| Fuel surcharge waiver | 1% waiver on fuel transactions of ₹500 to ₹3,000; max ₹100 per statement cycle | 1% waiver on fuel transactions of ₹400 to ₹5,000, capped at ₹250 per statement cycle. A 1% fee applies to single fuel transactions above ₹15,000. |
| Card network | Visa | Not published by the bank |
| Minimum income (salaried) | Not published by the bank | ₹25,000 a month |
Value back is the % of spend you get at the bank's published redemption value. “–” means the bank doesn't publish it. Fees exclude GST.
Which one to pick
Pick the CASHBACK SBI Card if
you spend a lot online across many different sites
₹999 joining, ₹999 a year
Pick the HDFC Bank Millennia Credit Card if
you mostly use its 10 partner apps or want cashback on bills
₹1,000 joining, ₹1,000 a year
CreditParakh is not a bank or lender. Approval, limits and final terms are decided by the issuer.
Questions people ask
Which is better for online shopping, SBI Cashback or HDFC Millennia?
CASHBACK SBI on most sites: 5% on online spends, up to ₹2,000 a statement cycle. HDFC Millennia pays 5% only at Amazon, Flipkart, Myntra, Swiggy, Zomato, Uber, BookMyShow, Tata CLiQ, Cult.fit and Sony LIV, up to ₹1,000 a month (₹20,000 of spend there), and 1% on other online spends. At those 10 merchants both pay 5%, but CASHBACK SBI's cap is twice as high.
Do SBI Cashback and HDFC Millennia pay on bills?
HDFC Millennia pays 1% on utility bills, within its ₹1,000 monthly cap on 1% spends. CASHBACK SBI pays nothing on utilities, insurance or education. Neither pays on rent, fuel, wallet loads or government payments.
Which is cheaper to keep?
HDFC Millennia charges ₹1,000 a year and waives the renewal fee if you spent ₹1 lakh in the year before; paying the joining fee earns 1,000 CashPoints, worth ₹1,000 as statement credit. CASHBACK SBI charges ₹999 a year, reversed if you spent ₹2 lakh the year before. Both fees are plus GST.
Do they offer lounge access?
Neither gives free lounge access. On HDFC Millennia, in each calendar quarter you spend ₹1 lakh you can take a domestic lounge voucher instead of a ₹1,000 gift voucher, up to 4 a year. SBI doesn't list lounge access for CASHBACK SBI.
Full details: CASHBACK SBI Card · HDFC Bank Millennia Credit Card · find the card that fits your spending
Last verified 19 Oct 2026 on each issuer's official page. Fees and rewards change; check the issuer's terms before you apply.