Head-to-head · 🇮🇳 India
HDFC Millennia vs IDFC FIRST Select
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
HDFC Bank
HDFC Millennia
Wins 3 of 10
IN
IDFC FIRST Bank
IDFC FIRST Select
VISA
Wins 5 of 10
Verdict
IDFC FIRST Select wins 5-3. Lifetime-free with surprisingly strong reward earn rates. HDFC Millennia is still the right call if online shoppers spending ₹15k–50k/month.
Side-by-side
| Criterion | HDFC Millennia | IDFC FIRST Select |
|---|---|---|
| Annual fee | · ₹1,000 | No annual fee |
| Joining fee | · ₹1,000 | None |
| Top reward rate | · 5% (shopping) | 10% (shopping) |
| Base reward rate | · 1% | 3% |
| Forex markup | · 3.5% | 1.99% |
| Welcome bonus | = 1,000 CashPoints on ₹1,000 spend in first 90 days | = 600 reward points on ₹15K spend in first 90 days |
| Fee waiver threshold | ₹100,000 / yr | · N/A (no fee) |
| Min income | ₹420,000 | · ₹600,000 |
| 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
IDFC FIRST Select
- 10x reward points on ₹20K+ monthly spend
- 6x reward points on ₹20K below threshold
- 3x reward points on offline spend
- Lifetime free — no annual fee, ever
- 4 complimentary domestic + 2 international lounge visits per quarter
- 1% fuel surcharge waiver
FAQ
›HDFC Millennia vs IDFC FIRST Select: which is better?
IDFC FIRST Select wins on more dimensions (5 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, IDFC FIRST Select 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. IDFC FIRST Select: 600 reward points on ₹15K spend in first 90 days.