Overview
The IDFC First Bank Millennia Credit Card is an entry-level credit card offering a range of user benefits. Designed for secure and convenient transactions, it provides features like reward points, railway lounge access, and more.
Table of Contents
Fees and Charges of IDFC First Bank Millennia Credit Card
| Particulars | Charges |
|---|---|
| Joining Fee | No joining fee |
| Annual Fee | No annual fee |
| Lounge Access | 4 railway lounge access per quarter |
| Cashback | 5% cashback on the first EMI transaction within the initial 90 days |
| Cash Advance Fee | 2.5% of the transaction amount |
| Late Payment Fee | Up to INR 600 – based on the amount due |
Reward System
| Spending Category | Reward Points |
|---|---|
| Every INR 100 spent offline | 3 points |
| Every INR 100 spent online | 6 points |
| Every INR 100 spent on birthday | 10 points |
Application Process
Apply online via the bank’s website by filling out the application form. Submit personal, financial details, and KYC documents. The bank will review your application for eligibility.
Lounge Access
Railway lounge accesses: 4 per quarter.
Domestic / international airport lounge access: NIL
Summary
IDFC First Bank Millennia Credit Card
Summary
The IDFC First Bank Millennia Credit Card stands out with 4 railway lounge accesses per quarter, 5% cashback on the initial EMI transaction in the first 90 days, and zero joining or annual fees. It offers 3 reward points for every Rs. 100 spent offline, 6 points for online spending, and 10 points per Rs. 100 spent on birthdays. Redeem these rewards through the Poshvine portal, including options like Amazon Vouchers.
As it is life time fee like Axis MyZone Credit Card, there is no harm in adding to collection maybe for bank specific offers.