Head-to-head · 🇮🇳 India
HDFC Millennia vs Standard Chartered Ultimate
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
HDFC Bank
HDFC Millennia
Wins 7 of 10
IN
Premium
Standard Chartered
Standard Chartered Ultimate
VISA
Wins 1 of 10
Verdict
HDFC Millennia wins 7-1. Online shoppers spending ₹15K–50K/month Standard Chartered Ultimate is still the right call if best general earn-rate at the ₹5k fee tier..
Side-by-side
| Criterion | HDFC Millennia | Standard Chartered Ultimate |
|---|---|---|
| Annual fee | ₹1,000 | · ₹5,000 |
| Joining fee | ₹1,000 | · ₹5,000 |
| Top reward rate | 5% (shopping) | · 3.3% (general) |
| Base reward rate | · 1% | 3.3% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = 1,000 CashPoints on ₹1,000 spend in first 90 days | = 6,000 reward points + ₹1,000 voucher |
| Fee waiver threshold | ₹100,000 / yr | · ₹1,500,000 / yr |
| Min income | ₹420,000 | · ₹1,500,000 |
| Min credit score | 750 | · 780 |
| 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
Standard Chartered Ultimate
- 5 reward points per ₹150 (effectively 3.3%)
- 4 complimentary international lounge visits/year
- BookMyShow buy-1-get-1
- 1% fuel surcharge waiver
- Comprehensive travel + purchase insurance
FAQ
›HDFC Millennia vs Standard Chartered Ultimate: which is better?
HDFC Millennia wins on more dimensions (7 vs 1). 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, Standard Chartered Ultimate 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. Standard Chartered Ultimate: 6,000 reward points + ₹1,000 voucher.