With regards to procuring, essentially the most sought-after options are rewards and cashback. HDFC Millennia, Flipkart Axis and Amazon ICICI are a number of the well-liked bank cards on this league. Amongst these, Amazon ICICI and Flipkart Axis stand out as co-branded playing cards that provide first rate cashback particularly on their respective manufacturers. However, HDFC Millennia stands aside by offering advantages throughout a various vary of manufacturers. Selecting between these bank cards is likely to be tough as all of them reward you with first rate advantages in your on-line procuring. Right here is an in depth comparability of those bank cards that will help you determine which card you must select.
Key Highlights: HDFC Millennia Vs. Flipkart Axis Financial institution Vs. Amazon ICICI |
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| Specific | HDFC Millennia | Flipkart Axis | Amazon ICICI |
| Becoming a member of Payment | Rs. 1,000 | Rs. 500 | Nil |
| Annual Payment | Rs. 1,000 | Rs. 500 | Nil |
| Annual Payment Waiver | Waived off on annual spends of Rs. 1 Lakh | Waived off on annual spends of Rs. 3.5 Lakh | NA |
| Cashback/ Reward Advantages |
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| Journey Advantages | 8 complimentary home lounge entry in a 12 months | 4 complimentary home lounge entry in a 12 months | NA |
| Eating Profit | As much as 20% off through Swiggy Dineout | As much as 20% low cost at associate eating places | Minimal 15% off at associate eating places |
| Gas Profit | 1% gas surcharge waiver throughout all gas stations in India | ||
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Cashback Comparability: HDFC Millennia Vs. Flipkart Axis Vs. Amazon ICICI
All three bank cards reward you with first rate rewards or cashback on your on-line and offline transactions. Listed here are the small print relating to the identical:
| Specific | HDFC Millennia | Flipkart Axis | Amazon ICICI |
| Base Cashback Charge | 1% | 1.5% | 1% |
| Cashback/ Rewards on On-line Transactions |
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| Cashback/ Rewards on Offline Transactions | 1% cashback on all different spends, together with EMI & pockets transactions | 1.5% cashback on all different transactions | 1% cashback on all different spends
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| Redemption Particulars |
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Cashback is straight added to your assertion stability | Cashback is obtainable as an Amazon Pay stability |
*Amazon Associate retailers embody manufacturers like Yatra, BookMyShow, FreshMenu, Faasos, Byju’s, City Ladder, and so forth.
How HDFC Millennia is totally different from Flipkart Axis & Amazon ICICI?
HDFC Millennia Credit score Card differentiates from each playing cards as a consequence of its rewards construction. Whereas Amazon ICICI and Flipkart Axis present direct cashback on transactions, HDFC Millennia gives cashback within the type of CashPoints or reward factors. These CashPoints may be redeemed for cashback in opposition to your assertion stability or flight/ resort bookings, merchandise from the rewards catalogue and extra. General, Flipkart Axis and Amazon ICICI work on a easy cashback construction, whereas HDFC Millennia comes with its personal restrictions associated to reward factors.
Suggestion: Flipkart Axis Credit score Card Vs. Amazon ICICI Credit score Card | Examine Eligibility for High Playing cards
Worth-back Comparability
Suppose you have got made the below-mentioned transactions, contemplating you’re an Amazon Prime member. Let’s perceive how a lot it can save you through these bank cards:
- Flipkart: Rs. 2,000
- Myntra: Rs. 2,000
- Amazon: Rs. 2,000
- Swiggy: Rs. 1,000
- PVR: Rs. 1,000
- Uber: Rs. 1,000
- Zomato: Rs. 1,000
- BookMyShow: Rs. 1,000
- Retail: Rs. 10,000
| Transaction | Financial savings through HDFC Millennia | Financial savings through Flipkart Axis | Financial savings through Amazon ICICI |
| Flipkart | Rs. 100 | Rs. 100 | Rs. 20 |
| Myntra | Rs. 100 | Rs. 30 | Rs. 20 |
| Amazon | Rs. 100 | Rs. 30 | Rs. 100 |
| Swiggy | Rs. 50 | Rs. 40 | Rs. 10 |
| PVR | Rs. 10 | Rs. 40 | Rs. 10 |
| Uber | Rs. 10 | Rs. 40 | Rs. 10 |
| Zomato | Rs. 50 | Rs. 15 | Rs. 10 |
| BookMyShow | Rs. 50 | Rs. 15 | Rs. 20 |
| Retail | Rs. 100 | Rs. 150 | Rs. 100 |
| Complete Financial savings | Rs. 570 | Rs. 460 | Rs. 300 |
Word: The rewards charge for HDFC Millennia is taken into account at 1 CashPoint = Re. 1 in opposition to assertion stability.
Which one is best for procuring?
All three bank cards supply first rate advantages in respective areas, but every card targets a unique viewers. Flipkart Axis Credit score Card caters to frequent customers at Flipkart or Myntra, Amazon ICICI rewards Amazon Prime customers for his or her transactions. In distinction, HDFC Millennia covers a variety of high manufacturers, permitting you to earn increased rewards on platforms like BookMyShow, Flipkart, Myntra, Swiggy, and extra. If you’re an Amazon loyalist, Amazon ICICI is an appropriate choice, particularly if you’re a Prime member. Nonetheless, it might be extra useful if the cardboard comes with complimentary Amazon Prime Membership as increased advantages are provided solely to Prime clients. General, Flipkart Axis is a greater choice than Amazon ICICI due to its increased base charge and 4% cashback on most well-liked retailers with none hidden phrases.
With regards to procuring at different manufacturers like Flipkart, Myntra, Swiggy, Zomato and extra, HDFC Millennia gives higher cashback as in comparison with Flipkart Axis. HDFC Millennia gives 5% cashback on all these manufacturers, whereas Flipkart Axis offers 5% cashback on Flipkart, 1.5% cashback on Myntra, and 4% cashback on different manufacturers. Nonetheless, Millennia does have a limitation as you possibly can solely earn a most of 1,000 CashPoints per thirty days, whereas there isn’t any most capping on month-to-month cashback provided by Flipkart Axis.
To summarize, primarily based on cashback worth, HDFC Millennia emerges as a rewards bank card for on-line procuring, whereas Amazon Pay ICICI and Flipkart Axis, being co-branded bank cards, supply higher advantages on the collaborated model.
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Journey Advantages
With regards to journey, HDFC Millennia and Flipkart Axis reward you with complimentary lounge entry. The journey advantages provided by these playing cards are as follows:
- HDFC Millennia Credit score Card: 8 complimentary home lounge entry per calendar 12 months (Max. 2 in 1 / 4)
- Flipkart Axis Credit score Card: 4 complimentary home lounge visits yearly
Not providing any journey advantages by Amazon ICICI is justified as it’s an entry-level bank card with no becoming a member of and annual price. Nonetheless, when evaluating the journey perks of the opposite two bank cards, HDFC Millennia can be a more sensible choice for people who ceaselessly journey throughout the nation. However, combining the 4% cashback on journey manufacturers like Cleartrip makes Flipkart Axis a lovely choice for frequent travellers. Sadly, neither of those bank cards gives worldwide lounge entry, limiting these advantages to home journey solely. General, each HDFC Millennia and Flipkart Axis justify their annual charges by offering an affordable variety of lounge entry and different journey advantages.
Suggestion: Finest Credit score Playing cards for Lounge Entry | Examine Eligibility for High Playing cards
Welcome Advantages
HDFC Millennia and Flipkart Axis each bank cards supply welcome advantages definitely worth the becoming a member of price as per the beneath particulars:
HDFC Millennia Credit score Card: 1,000 CashPoints price Rs. 1,000 (if redeemed in opposition to assertion stability) after the fee of becoming a member of price.
Flipkart Axis Financial institution Credit score Card: The cardboard gives welcome advantages by means of vouchers or cashback price Rs. 1,100:
- Flipkart voucher price Rs. 500 on making the primary transaction
- 15% cashback as much as Rs. 500 on the primary transaction on Myntra
- 50% low cost as much as Rs. 100 on the primary transaction for brand new Swiggy clients utilizing code “AXISFKNEW“
Amazon Pay ICICI Credit score Card is a lifetime free bank card; therefore, providing no welcome advantages is justified. Nonetheless, when contemplating the opposite two bank cards, each playing cards make up for the becoming a member of price by providing helpful welcome advantages. With HDFC Millennia, though you pay Rs. 1,000 for the becoming a member of price, you obtain welcome advantages price Rs. 1,000, successfully balancing out the preliminary value. Compared, Flipkart Axis goes past the becoming a member of price with intensive welcome advantages. For an annual price of Rs. 500, you get welcome advantages price Rs. 1,100, which is greater than twice the worth of the becoming a member of price.
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Different Advantages
Aside from procuring and journey, you too can avail advantages like free present vouchers, eating low cost and rather more by means of these bank cards. Beneath talked about are the advantages provided by these bank cards
| Class | HDFC Millennia | Flipkart Axis | Amazon ICICI |
| Milestone Profit | Reward vouchers price Rs. 1,000 on spending Rs. 1 Lakh in every calendar quarter | NA | NA |
| Eating Profit | As much as 20% low cost on associate eating places through Swiggy Dineout underneath Good Meals Path program | As much as 20% low cost at 4,000+ associate eating places | Min. 15% off on eating underneath ICICI Financial institution Culinary Treats programme
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| Gas Profit | 1% gas surcharge waiver (Max. Rs. 250 in a press release cycle) on transactions between Rs. 400 to Rs. 5,000 | 1% gas surcharge waiver (Max. Rs. 500 in a month) for transactions price Rs. 400 to Rs. 4,000
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1% waiver on gas surcharge throughout all petrol pumps in India
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Based mostly on the above comparability desk, all of the playing cards present the same gas surcharge waiver on transactions. Nonetheless, for eating functions, each HDFC Millennia and Flipkart Axis stand out as higher choices. Not solely do they provide a further 5% low cost in comparison with Amazon ICICI, however additionally they present 5% cashback (HDFC Millennia) and 4% cashback (Flipkart Axis) on transactions made at Swiggy. With regards to milestone advantages, HDFC Millennia supply extra rewards price Rs. 1,000 on attaining a spending milestone of Rs. 1 Lakh in 1 / 4, roughly amounting to Rs. 33,000 per thirty days. Attaining this milestone is sort of possible in the event you use your bank card for a good portion of your bills.
Which card do you have to select?
The choice between HDFC Millennia, Amazon ICICI, and Flipkart Axis completely will depend on your spending habits and most well-liked decisions. If you’re an Amazon Prime member, choosing Amazon ICICI can be extra useful as in comparison with the opposite two playing cards. Nonetheless, with regards to procuring, choosing HDFC Millennia may also help you save extra in your bills as a consequence of its multi-brand reductions, particularly if you’re not loyal to a particular model. Whereas all of the playing cards supply comparable advantages, they considerably differ from one another on the next factors:
- HDFC Millennia is a rewards bank card, offering you the pliability to redeem your reward factors not just for assertion stability but in addition for flight or resort bookings, in addition to merchandise from the rewards catalogue. Nonetheless, it’s price noting that the worth of CashPoints reduces when redeemed for choices aside from cashback. However, Amazon ICICI and Flipkart Axis supply direct cashback with none trouble of incomes and redeeming the reward factors.
- HDFC Millennia stands out by providing a 5% cashback throughout a number of manufacturers, whereas the opposite two playing cards restrict their increased advantages completely to their collaborated manufacturers. With Amazon ICICI and Flipkart Axis, you possibly can take pleasure in a 5% cashback solely on their respective manufacturers. Moreover, Flipkart Axis has a better base charge in comparison with the opposite two bank cards, but HDFC Millennia offers higher rewards for on-line procuring.
- Amazon ICICI is a lifetime free bank card, whereas the opposite two playing cards cost an annual price that’s waived off on attaining the spending milestones. Flipkart Axis comes with a nominal price of Rs. 500, whereas HDFC Millennia expenses Rs. 1,000, making it a downside in comparison with the advantages provided by the Flipkart Axis Credit score Card, apart from lounge entry.
To summarize, the fitting bank card for you’ll depend upon the next particulars:
| Select HDFC Millennia if: | Select Flipkart Axis if: | Select Amazon ICICI if: |
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| Steered learn: Finest Purchasing Credit score Playing cards | Finest Journey Credit score Playing cards | Finest Eating Credit score Playing cards | Finest Cashback Credit score Playing cards | Finest Rewards Credit score Playing cards | Finest Entry-level Credit score Playing cards |
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