Verified 2026 Bank MITC Rules & RBI ExclusionsUpdated: 2026-03-01
HDFC Millennia Credit Card vs IDFC FIRST Wealth Credit Card for ₹15,000 Monthly Spend
Comparing HDFC Millennia Credit Card vs IDFC FIRST Wealth Credit Card at ₹15,000/month. HDFC Millennia Credit Card wins, delivering ₹5,526 net annual value (3.07% ROI) vs ₹2,727 for IDFC FIRST Wealth Credit Card.
Interactive Head-to-Head Simulator
Test Your Monthly Spend & Category Mix
Simulates real-world capping thresholds, 18% GST deductions, and bank waiver rules in real time.
₹15,000(₹1,80,000/yr)
₹10,000/mo₹1,00,000/mo₹2,50,000/mo
Winner at ₹15,000/mo+ ₹2,799/yr Higher Value
HDFC Millennia Credit Card
Delivers ₹5,526 net annual returns (3.07% ROI) vs ₹2,727 on IDFC FIRST Wealth Credit Card.
Card A
HDFC Millennia Credit Card
HDFC Bank
₹5,526Net Annual Benefit
Gross Rewards:₹5,526/yr
Effective Fee (incl. GST):Waived (₹0)
Net ROI on Spend:3.07%
Fee Waiver Progress (1L target):100%
Card B
IDFC FIRST Wealth Credit Card
IDFC FIRST Bank
₹2,727Net Annual Benefit
Gross Rewards:₹2,727/yr
Effective Fee (incl. GST):Waived (₹0)
Net ROI on Spend:1.52%
2-Card Optimization HackMaximize Trapped / Capped Spend
+₹1,800/year Extra YieldPair HDFC Millennia Credit Card + Airtel Axis Bank Credit Card
Pair HDFC Millennia Credit Card with Airtel Axis Bank Credit Card to capture up to ₹1,800/yr extra on zero-reward categories.
Routes excluded categories:Utility & Offline Spends
Detailed 12-Category Rupee Breakdown (@ ₹15,000/mo)
| Spend Category | Monthly Spend | HDFC Millennia Credit Card | IDFC FIRST Wealth Credit Card |
|---|---|---|---|
| Amazon, Flipkart & Myntra Shopping | ₹3,750/mo | ₹188 (5%) | ₹94 (2.5%) |
| Scan & Pay Merchant UPI | ₹2,250/mo | ₹23 (1%) | ₹17 (0.75%) |
| Electricity, Water, Gas & Broadband Bills | ₹1,800/mo | ₹18 (1%) | ₹14 (0.75%) |
| Swiggy, Zomato & Dining Out | ₹1,800/mo | ₹90 (5%) | ₹45 (2.5%) |
| Blinkit, Zepto, Instamart & Supermarkets | ₹1,500/mo | ₹75 (5%) | ₹23 (1.5%) |
| Petrol & Diesel at Fuel Stations1% fuel surcharge waiver up to ₹250/cycle on min ₹400 transactions | ₹1,200/mo | 0% Excluded | 0% Excluded |
| Flights, Hotels & IRCTC Trains | ₹1,200/mo | ₹60 (5%) | ₹30 (2.5%) |
| LIC, Health & Term Insurance Premiums | ₹750/mo | ₹8 (1%) | ₹6 (0.75%) |
| House Rent & School/College Fees1% fee on rental transactions through third-party platforms | ₹750/mo | 0% Excluded | 0% Excluded |
| International Travel & Forex Spends | ₹0/mo | ₹0 (1%) | ₹0 (2.5%) |
| Gold, Silver & Jewelry Purchases | ₹0/mo | ₹0 (0%) | ₹0 (0%) |
| Income Tax, GST & Challan Payments | ₹0/mo | ₹0 (0%) | ₹0 (0%) |
| Net Annual Benefit | ₹1,80,000/yr | +₹5,526 | +₹2,727 |
Frequently Asked Questions
Which card is better between HDFC Millennia Credit Card and IDFC FIRST Wealth Credit Card for ₹15,000/month?▼
At ₹15,000/month (₹180,000/year), HDFC Millennia Credit Card mathematically outperforms IDFC FIRST Wealth Credit Card by ₹2,799/year. HDFC Millennia Credit Card delivers ₹5,526 net annual benefit (3.07% effective yield), while IDFC FIRST Wealth Credit Card returns ₹2,727 (1.52% effective yield).
Will the annual fee be waived at ₹15,000 monthly spend?▼
On an annual spend of ₹180,000: HDFC Millennia Credit Card annual fee is waived (₹0). IDFC FIRST Wealth Credit Card annual fee is waived (₹0).
How do reward caps impact the earnings on both cards?▼
At this spend tier, HDFC Millennia Credit Card loses ₹0/year to monthly cashback caps, while IDFC FIRST Wealth Credit Card loses ₹0/year. HDFC Millennia Credit Card remains uncapped at this spend. IDFC FIRST Wealth Credit Card remains uncapped at this spend.
What is the breakeven monthly spend between HDFC Millennia Credit Card and IDFC FIRST Wealth Credit Card?▼
The calculated crossover breakeven spend is ₹7,000/month, where higher-fee benefits overtake the lower-fee option.