To maximise the general advantages, you will need to think about not simply the reward incomes and redemption, but additionally different related phrases and situations round rewards capping and transaction worth.
The playing cards include the next month-to-month capping:
HDFC Millennia: Most 1,000 CashPoints throughout every cashback class
HDFC MoneyBack+: Most 2,500 CashPoints on accelerated class
Foundation the very best redemption worth provided on the playing cards, most worth customers can derive within the accelerated class is Rs. 1,000 (2500*1) for HDFC Millennia and Rs. 625 (2,500*0.25) for HDFC MoneyBack+.
Moreover, Minimal transaction values are additionally relevant. With Millennia Credit score Card you possibly can earn CashPoints on transaction worth as much as Rs. 1,000, however with MoneyBack+ you earn CashPoints on transactions as much as Rs. 2,500.
Primarily based on the above situations, right here is how a lot it’s good to spend on each playing cards to earn the utmost worth again.
With HDFC Millennia, it’s best to be capable of spend round Rs. 20,000 monthly throughout 10 partnered brands- Amazon BookMyShow, Flipkart, Uber, Zomato,Swiggy, Tata Cliq, Cult.match, Myntra, Sony LIV. However, as a result of transaction capping, guarantee making 20 transactions of Rs. 1,000 in a month.
With HDFC Moneyback it’s best to be capable of spend round Rs. 18,750 throughout 5 brands- Amazon, BigBasket, Flipkart, Swiggy. However because of transaction capping, guarantee spending 7-8 instances transaction monthly with a price of Rs. 2,500.
