HDFC Bank Millennia Debit Card & It's Benefits ❤️🔥

[D₹V]

Charges: 500 + GST.



Benefits:
• 5% cashback on PayZapp or Smartbuy
• 2.5% cashback on shopping i.e. on Flipkart, Amazon etc
• 1% on other transactions i.e. wallet loads, credit card payments etc
• Total rewards is capped at 400 RP/month
• Bonus - 5% cashback upto 1000 on Gift Vouchers purchase via Smartbuy per month. P.s. Smartbuy has introduced 2.5% & 3.25% + GST on ASV & AGV respectively.
• Cashback will be credited in 4 month after the transaction (i.e. 90 days), you can redeem via HDFC netbanking.
• You can get rewards worth ₹16,800 annually.



How to milk the benefits?
• If you use it on smartbuy only then 5% upto 400 (card benefits) + 5% upto 1000 (smartbuy bonus), total 1400 RP/month you'll be getting. Since Smartbuy charging convenience fees on AGV & ASV, better to buy Flipkart GV without convenience fee on smartbuy.
• For example, if you buy Flipkart GV worth 8k via Smartbuy with Millennia DC, you'll get 400 + 400 = 800 cashback, meaning 10% cashback on Flipkart GV.
• In another example, if you buy worth 20k, you'll get 1400 cashback, meaning 7% cashback on Flipkart GV. So buy accordingly as per your needs.
• If you use Millennia DC for 40k CC Payments worth 40k via Mobikwik, Paytm etc only, then 1% upto 400 cap will be over & you'll get 5% cashback upto 1000 if you purchase any GV via Smartbuy now.

Hope you've understood the benefits & enjoy the rewards ❤️. Ask if any query.

 

[rixypanther]

Meri bhi January Timahi ki पीणसण AA gayi

 

[lhgeek]

Apologies if this has already been asked before, is there any HDFC savings account variant that will help me get this debit card free?

I am eligible to upgrade to classic variant, should I opt for it to get this debit card annual fee waived?

 

[doraemon]

Apologies if this has already been asked before, is there any HDFC savings account variant that will help me get this debit card free?

I am eligible to upgrade to classic variant, should I opt for it to get this debit card annual fee waived?

Open savings max millennia is free in this
Classic also has this card free

 

[Shroud]

Open savings max millennia is free in this
Classic also has this card free

Savings Max mein Millennia free nahi milta

 

[doraemon]

Savings Max mein Millennia free nahi milta

Free h bhai confirmed Kara hai maine

Also soc Jo milta hai kit m usme check karna rewards /millennia likha hua hai
And website PE savings max pe rewards card free h
Recently rewards card was renamed as milennnia

So that concludes it's free

 

[Trust Me]

Savings Max mein Millennia free nahi milta

What was your source of this misinformation? You can get either Platinum or Millennia free, -- your choice!
.

 

[doraemon]

What was your source of this misinformation? You can get either Platinum or Millennia free, -- your choice!
.

The thing is HDFC folks from Watchmen to bm all say this ki millennia is paid

But reality is opposite

 

[lhgeek]

Open savings max millennia is free in this
Classic also has this card free

I am getting a little confused with savings max. How do I decide between savings max and classic? Can you please dumb it down for me? I tried reading the HDFC page for savings max and I am not able understand at all

 

[doraemon]

I am getting a little confused with savings max. How do I decide between savings max and classic? Can you please dumb it down for me? I tried reading the HDFC page for savings max and I am not able understand at all

Yes of course

Upgrade to savings Max
It's best

Clasic is like har quarter RM ko phone Karo 1 lac daalo upgrade ho nikalo fir repeat


Max is great any day

Make good relation with bm rm if u want to go in classic

 

[doraemon]

I am getting a little confused with savings max. How do I decide between savings max and classic? Can you please dumb it down for me? I tried reading the HDFC page for savings max and I am not able understand at all

See this calculation

Savings Max is great (I have considered millennia here)


According to me ,


Option 1:
- You keep 25k in a savings max account earning 3% interest per annum.
- This yields an annual return of 750 Rs.
- Additionally, there's a savings of 590 Rs dc charges ( millennia)
- So, the total return for Option 1 is 750 + 590 = 1340 Rs per year.

Option 2:
- You keep 5k in a savings account earning 3% interest per annum.(Regular rural)
- This yields an annual return of 150 Rs.
- You invest 20k in a fixed deposit (FD) earning 8.5% interest for 12 months.(E.g Jana bank)
- The FD generates an interest of 20,000 * 8.5% = 1700 Rs for the year.(I did simple intrest )
- You incur a debit card fee of 590 Rs.
- So, the total return for Option 2 is 150 + 1700 - 590 = 1260 Rs for the year.

Comparing the two options:
- Option 1 offers a total return of 1340 Rs per year.
- Option 2 offers a total return of 1260 Rs for the year.
- Therefore, Option 1 is best

 

[NShah]

See this calculation

Savings Max is great (I have considered millennia here)


According to me ,


Option 1:
- You keep 25k in a savings max account earning 3% interest per annum.
- This yields an annual return of 750 Rs.
- Additionally, there's a savings of 590 Rs dc charges ( millennia)
- So, the total return for Option 1 is 750 + 590 = 1340 Rs per year.

Option 2:
- You keep 5k in a savings account earning 3% interest per annum.(Regular rural)
- This yields an annual return of 150 Rs.
- You invest 20k in a fixed deposit (FD) earning 8.5% interest for 12 months.(E.g Jana bank)
- The FD generates an interest of 20,000 * 8.5% = 1700 Rs for the year.(I did simple intrest )
- You incur a debit card fee of 590 Rs.
- So, the total return for Option 2 is 150 + 1700 - 590 = 1260 Rs for the year.

Comparing the two options:
- Option 1 offers a total return of 1340 Rs per year.
- Option 2 offers a total return of 1260 Rs for the year.
- Therefore, Option 1 is best

Bhaiya ji usko classic upgrade mil raha hai to lene kahe usko saving max account open karne laga rahe ho 25k maintain karna padenga
Classic banking ki wajah se agar 10k bhi maintain karle to kaam ho jayega

 

[doraemon]

Bhaiya ji usko classic upgrade mil raha hai to lene kahe usko saving max account open karne laga rahe ho 25k maintain karna padenga
Classic banking ki wajah se agar 10k bhi maintain karle to kaam ho jayega

Bhaiya ji
Classic is like hit miss
Sooner or later it will downgrade
Maine bola hai savings Max leke classic lele
Taaki baad m mab ka jhanjhat na rahe


Maine bhi savings Max se classic Kiya hai

Isse atleast dc charge nahi lagega even in downgrade

 

[NShah]

Bhaiya ji
Classic is like hit miss
Sooner or later it will downgrade
Maine bola hai savings Max leke classic lele
Taaki baad m mab ka jhanjhat na rahe

Itna jaldi nahi hota downgrade

 

[doraemon]

Itna jaldi nahi hota downgrade

Still max+classic is great combination

@lhgeek brother don't get carried away
Upgrade to Max and then deposit 1 lac call bm and upgrade to clasic
No need to visit branch or fill forms


And next day your account will be classic
Then u can remove the balance

 

[its_karan]

Aisa lagraha hai

HDFC ke kal ke Khrab results(Q4FY23-24) ko Theek karne ki zimmedari

Ek hi Bande ne uthai hui hai

Jo bhi ho

 

[MrJJ]

Classic is not a type of account but bank relationship/membership.

If you maintain 1lac+ balance in any type of savings account whether max, normal, woman or any other then you are offered/upgraded to classic membership.

It's just a simple method of hdfc to identify High Networth Individuals (HNI).

There is no downside in upgrading to classic rather it's beneficial, all normal charges/fee that bank levies are waived in classic account.

You can read more benefits of classic membership from this page : https://www.hdfcbank.com/personal/save/high-networth-banking/premier-banking/classic

If you maintain 5lac+ balance then you will be offered preferred banking.

 

[lhgeek]

Classic is not a type of account but bank relationship/membership.

If you maintain 1lac+ balance in any type of savings account whether max, normal, woman or any other then you are offered/upgraded to classic membership.

It's just a simple method of hdfc to identify High Networth Individuals (HNI).

There is no downside in upgrading to classic rather it's beneficial, all normal charges/fee that bank levies are waived in classic account.

You can read more benefits of classic membership from this page : https://www.hdfcbank.com/personal/save/high-networth-banking/premier-banking/classic

If you maintain 5lac+ balance then you will be offered preferred banking.

In classic .. millennia debit card charges are waived off right?

 

[NShah]

In classic .. millennia debit card charges are waived off right?

Y e s

 

[Shroud]

Free h bhai confirmed Kara hai maine

Also soc Jo milta hai kit m usme check karna rewards /millennia likha hua hai
And website PE savings max pe rewards card free h
Recently rewards card was renamed as milennnia

So that concludes it's free

Thanks bhai batane ke liye.....

What was your source of this misinformation?

This is literally the correct answer 👇🏻

The thing is HDFC folks from Watchmen to bm all say this ki millennia is paid

But reality is opposite

 

[Humanbeing]

Hey folks,
Have you received the Millennia DC cash back reward this month?