Head-to-head · 🇮🇳 India
HDFC Millennia vs Axis ACE
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
HDFC Bank
HDFC Millennia
Wins 3 of 10
IN
Axis Bank
Axis ACE
VISA
Wins 4 of 10
Verdict
Axis ACE wins 4-3. Bill payments + utilities + fuel — set-and-forget cashback HDFC Millennia is still the right call if online shoppers spending ₹15k–50k/month.
Side-by-side
| Criterion | HDFC Millennia | Axis ACE |
|---|---|---|
| Annual fee | · ₹1,000 | ₹499 |
| Joining fee | · ₹1,000 | ₹499 |
| Top reward rate | 5% (shopping) | · 4% (fuel) |
| Base reward rate | · 1% | 1.5% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = 1,000 CashPoints on ₹1,000 spend in first 90 days | = Up to ₹2,000 cashback on first 60-day spends |
| Fee waiver threshold | ₹100,000 / yr | · ₹200,000 / yr |
| Min income | · ₹420,000 | ₹360,000 |
| Min credit score | = 750 | = 750 |
| Editorial rating | 4.6/5 | · 4.5/5 |
Benefits compared
HDFC Millennia
- 5% cashback on Amazon, Flipkart, Myntra, Swiggy, Zomato, BookMyShow, Cult.fit, Sony LIV, Tata CLiQ, Uber
- 1% cashback on all other retail spends
- 8 complimentary domestic airport lounge visits per year
- 1% fuel surcharge waiver (₹400 cap/month)
- Up to 20% off on partner restaurants via Smart EMI
Axis ACE
- 5% cashback on Google Pay bill payments (electricity, gas, broadband, mobile, DTH)
- 4% cashback on Swiggy, Zomato, Ola
- 2% cashback on every other transaction
- 4 complimentary domestic airport lounge visits per year
- 1% fuel surcharge waiver
FAQ
›HDFC Millennia vs Axis ACE: which is better?
Axis ACE wins on more dimensions (4 vs 3). But the right answer depends on your specific spending pattern — see the calculator below.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use HDFC Millennia for online shopping, Axis ACE for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
HDFC Millennia: 1,000 CashPoints on ₹1,000 spend in first 90 days. Axis ACE: Up to ₹2,000 cashback on first 60-day spends.