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HDFC Millennia vs Cashback SBI Card

Quick answer

Cashback SBI Card wins this comparison on 2 of 6 measures — fees, rewards, lounge, forex and APR. But pick based on how you actually spend; the card that wins on your top category beats the overall winner.

HDFC Bank

HDFC Millennia

Visa · Mastercard

Rates verified 26 Jul 2026
SBI Card

Cashback SBI Card

Visa

Rates verified 26 Jul 2026

Our pick

Cashback SBI Card edges it for most people.

It wins on 2 of 6 measures. But if you spend heavily on shopping, the other one may still be the smarter call — check the row that matters most to you.

FeatureHDFC MillenniaCashback SBI Card
Annual fee₹1,000₹999
Top reward rate5%5%
Lounge visits/yr4 (gated)0
Forex markup4%4%
APR (per year)45%42%
Min income/mo₹30,000₹30,000

No paid placement. Approval and final terms come from the issuer's key fact statement.

Common questions

Which is better: HDFC Millennia or Cashback SBI Card?
Cashback SBI Card edges this MoneyRadar comparison because it wins more of the fee, reward, lounge, forex and APR checks. Still choose the card that matches your biggest spend category.
How should I choose between HDFC Millennia and Cashback SBI Card?
Start with annual fee and fee waiver, then compare rewards on your top two spend categories, lounge access only if you actually travel, and forex markup if you spend internationally.
Should I carry a balance on either credit card?
No. HDFC Millennia and Cashback SBI Card both charge high credit-card APRs when you revolve a balance. Pay the full bill monthly; interest can wipe out rewards many times over.