Head-to-head · 🇮🇳 India
HDFC Millennia vs SBI ELITE
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
HDFC Bank
HDFC Millennia
Wins 7 of 10
IN
Premium
SBI Card
SBI ELITE
Wins 2 of 10
Verdict
HDFC Millennia wins 7-2. Online shoppers spending ₹15K–50K/month SBI ELITE is still the right call if mid-premium sbi card with strong club benefits..
Side-by-side
| Criterion | HDFC Millennia | SBI ELITE |
|---|---|---|
| Annual fee | ₹1,000 | · ₹4,999 |
| Joining fee | ₹1,000 | · ₹4,999 |
| Top reward rate | 5% (shopping) | · 2% (general) |
| Base reward rate | · 1% | 2% |
| Forex markup | · 3.5% | 1.99% |
| Welcome bonus | = 1,000 CashPoints on ₹1,000 spend in first 90 days | = 5,000 bonus reward points + ₹5,000 e-gift voucher |
| Fee waiver threshold | ₹100,000 / yr | · ₹1,000,000 / yr |
| Min income | ₹420,000 | · ₹600,000 |
| Min credit score | 750 | · 770 |
| Editorial rating | 4.6/5 | · 4.4/5 |
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
SBI ELITE
- 2 reward points per ₹100
- Free movie tickets (BookMyShow) up to ₹6K/year
- 6 international + 8 domestic lounge visits/year
- Club Vistara Silver + Trident Privilege Red
- Milestone benefits at ₹3L, ₹4L, ₹5L
FAQ
›HDFC Millennia vs SBI ELITE: which is better?
HDFC Millennia wins on more dimensions (7 vs 2). 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, SBI ELITE 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. SBI ELITE: 5,000 bonus reward points + ₹5,000 e-gift voucher.