HDFC Bank Millennia Credit Card vs Kotak Cashback+ Credit Card
Compare HDFC Bank Millennia Credit Card, Kotak Cashback+ Credit Card side by side: annual fees, interest rates, rewards and eligibility to find the right card for you.
HDFC Bank •••• •••• •••• •••• Credit Card Compare HDFC Bank Millennia Credit Card | Kotak Mahindra Bank •••• •••• •••• •••• Credit Card Compare Kotak Cashback+ Credit Card |
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Card details
CardIQ
How we calculate scores| Overall | 54Fair Highest | 44Fair |
|---|---|---|
| Cashback | 86/100Highest | 65/100 |
| Rewards | 23/100 | 23/100 |
The basics
| Card tier | Not published | Not published |
|---|---|---|
| Card type | Not published | Not published |
| Credit rating | Not published | Not published |
| Rewards program | None | None |
| Credit limit | Not published | Not published |
Eligibility
| Minimum age | 21 years old | 18 years old |
|---|---|---|
| Minimum income | ₹4,20,000 p.a. | Not specified |
| Residency | Indian nationality; aged 21 to 40; salaried (net monthly income above ₹35,000) or self-employed (ITR above ₹6 lakh a year) | Not published |
| Joint application | Not published | Not published |
| Temporary residents | Not published | Not published |
| Instant approval | Not published | Not published |
Repayments
| Interest-free period | Up to 50 days | Up to 51 daysHighest |
|---|---|---|
| Minimum repayment | 5% of (retail spends + cash advance + finance charge) plus GST, EMI amounts, 100% of fees and charges and any over-limit amount; where 5% is less than the finance charge, 100% of the finance charge plus 5% of retail spends and cash advance (HDFC Bank MITC, from June 2025) | 1% of all purchase transactions and cash advances plus 100% of EMI, finance charges, fees and charges and tax, subject to a minimum of ₹100, else the total amount due if lower (Kotak key fact statement) |
Rates & fees
Ongoing interest rates
| Purchases | 45.00% p.a. | 45.00% p.a. |
|---|---|---|
| Cash advances | 45.00% p.a. | Undisclosed |
Fees
| Annual fee | ₹1,000 p.a. | ₹750 p.a.Lowest |
|---|---|---|
| Monthly fee | — | — |
| Additional cardholder fee | ₹0 | ₹0 |
| Cash advance fee | 2.5% of the amount | — |
| Foreign transaction fee | 3.5% | 3.5% |
| Late payment fee | ₹1,300 | ₹1,300 |
Rewards
Cashback
| Sign-up cashback | — | — |
|---|---|---|
| Spend required | — | — |
| Ongoing cashback | 1% on eligible spend | 0.5% on eligible spend |
| Cashback cap | 5% CashBack on ten online merchants (Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber, Zomato; non-EMI spends only) and 1% on other spends except fuel, EMI, wallet, rent and government-related spends; paid as CashPoints worth ₹1 each against the statement; the terms table caps each of the two rows at 1,000 CashPoints per cycle (the 5% merchant terms say per calendar month). | 5% on online groceries and food deliveries and on online movie tickets and OTT subscriptions, 3% on fuel, unlimited 0.5% on other eligible spends (RuPay variant: also on UPI spends); the accelerated rates are capped at 750 points per billing cycle (1 point = ₹1); no cashback on rent, B2B, utilities, insurance, education and government, wallet, online skill-based gaming and EMI. |
Related comparisons
Sources
- Credit Card Compare
- How CardIQ scores cards
- Issuers
- HDFC BankKotak Mahindra Bank