Swiggy HDFC vs HDFC Millennia

Reviewed by Chandan Kumar Dash

Swiggy HDFC has the lower annual fee (₹500 against ₹1,000). Swiggy HDFC waives its fee on ₹2,00,000 of spend a year; HDFC Millennia waives its fee on ₹1,00,000 of spend a year. After fees, Swiggy HDFC comes out ahead for the everyday spender and online shopper, and HDFC Millennia for the frequent traveller. The Saifu app works it out on your own spends, on your phone.

Feature	Swiggy HDFCHDFC2 wins · ahead	HDFC MillenniaHDFC1 win
Annual fee	Lower₹500	₹1,000
Joining fee	Lower₹500	₹1,000
Fee waiver	Waived on ₹2,00,000 spend a year	LowerWaived on ₹1,00,000 spend a year
Rewards	See card page	5% cashback on Amazon, Flipkart, Myntra, Tata CLiQ, Swiggy, Zomato, Uber, BookMyShow, Sony LIV and Cult.fit; 1% cashback on other spends
Airport lounges	None listed	None listed
Forex markup	3.5% plus GST	3.5% plus GST
Points	Cashback or not listed	Cashback or not listed
Published minimum income and age	Salaried ₹1,80,000 a year, self-employed ₹6,00,000 a year, age 21 to 60	Salaried ₹4,20,000 a year, self-employed ₹6,00,000 a year, age 21 to 40
Network	Mastercard	Visa / Mastercard
Apply	ApplyAffiliate link	ApplyAffiliate link

Badges mark the lower fee, waiver spend or markup, and more lounge visits. Rewards are not scored here because they depend on where you spend. Affiliate link, costs you nothing extra, we may earn a commission, never changes how cards are ranked. Figures come from each bank's page and can change; check before you apply.

What each card earns in a year

Sample spender	Swiggy HDFC	HDFC Millennia
Everyday spender₹30,000 a month	More₹8,040 a year₹8,040 rewards, no fee to pay	₹7,560 a year₹7,560 rewards, no fee to pay
Online shopper₹50,000 a month	More₹22,320 a year₹22,320 rewards, no fee to pay	₹15,600 a year₹15,600 rewards, no fee to pay
Frequent traveller₹1,00,000 a month	₹20,400 a year₹20,400 rewards, no fee to pay	More₹20,520 a year₹20,520 rewards, no fee to pay

The sample spends and how this is worked out

Everyday spender, ₹30,000 a month: DMart ₹6,000, BigBasket ₹2,000, Swiggy ₹2,000, Zomato ₹1,500, Amazon ₹3,000, Flipkart ₹1,500, Bills paid on Google Pay ₹2,500, Airtel ₹1,000, Indian Oil ₹3,000, Restaurant (in person) ₹2,500, Uber ₹1,000, Other spends in shops ₹4,000.
Online shopper, ₹50,000 a month: Amazon ₹10,000, Flipkart ₹8,000, Myntra ₹3,000, Swiggy ₹4,000, Zomato ₹3,000, Blinkit ₹4,000, BookMyShow ₹1,500, Uber ₹2,000, Bills paid on Google Pay ₹3,000, Jio ₹1,000, Netflix ₹500, Restaurant (in person) ₹3,000, Other spends in shops ₹7,000.
Frequent traveller, ₹1,00,000 a month: MakeMyTrip ₹10,000, Cleartrip ₹5,000, IRCTC ₹2,000, IndiGo ₹10,000, Marriott Bonvoy hotels ₹8,000, Spends abroad ₹15,000, Uber ₹4,000, Restaurant (in person) ₹8,000, Amazon ₹10,000, Swiggy ₹5,000, DMart ₹8,000, Bills paid on Google Pay ₹4,000, Indian Oil ₹5,000, Other spends in shops ₹6,000.

Worked out with the same reward rules and caps the Saifu app uses. Points are counted at the cash value in the table above. The annual fee counts as waived when the spend reaches the waiver. Joining fees, welcome gifts and milestone vouchers are not counted. Your own spends will give different figures.

Common questions

Which is better, Swiggy HDFC or HDFC Millennia?

After fees, Swiggy HDFC comes out ahead for the everyday spender and online shopper, and HDFC Millennia for the frequent traveller. It depends on where you spend: compare the figures for the sample spender closest to you, or add your own spends in the Saifu app.

Which has the lower annual fee?

Swiggy HDFC (₹500 against ₹1,000). Swiggy HDFC waives it on ₹2,00,000 of spend a year. HDFC Millennia waives it on ₹1,00,000 of spend a year.

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