Is Idfc Millenia Credit Card Good

IDFC millenia credit card is a good lifetime free credit card that offers many rewards and discounts. It has collaborations with various merchants and can help you save money if you spend wisely. Let’s take a look at what it offers.

IDFC millenia credit card Reward Program -

• 10X reward points on spends above Rs. 20,000 per month and on birthdays
• 6X and 3X reward points on online and offline purchases for spends upto Rs. 20,000 per month
• 3X reward points for rental and property management transactions
• Unlimited reward points that never expire
• Reward points not valid on Fuel, Insurance, EMI transactions and cash withdrawals
• A convenience fee of Rs 99 + applicable taxes is levied on redemption of reward points

1 reward point = Rs. 0.25

Features that will get you excited of IDFC millenia credit card

• Welcome voucher worth Rs. 500, on spending Rs 15,000 or more within 90 days of card generation

• 5% cashback on transaction value of first EMI within 90 days of card generation
• 25% discount on movie tickets (up to Rs. 100)
• 4 Complimentary Railway lounge visits
• 300+ merchant offers, 20% discounts at restaurants and 15% discount on health and wellness outlets
• Personal Accident cover of Rs. 2,00,000 and Lost card liability cover of Rs. 25,000

Saves you money, read on to know how –

• Lifetime free card. No annual fee
• Low interest rates 
• Interest free cash withdrawals on domestic and international ATMs for up to 48 days

Who should apply for IDFC credit card –

• If you shop online, this card certainly gets you attractive rewards
• If you like eating out, you could save a lot of money on your restaurant bills
• If you are a movie buff, you could definitely use this card to save for your next movie ticket.
• If you are not a big spender on your credit card. Their over limit spend charge is 2.5% subject to a minimum of Rs. 500. It could be very high if you spend a lot
• If you like to pay your bills on time. Their late payment fee is as high as 15%. Subject to a minimum of Rs.100 and maximum of Rs. 1250