By using HDFC Bank Millennia Debit Card, you can save Rs 4800 in a year. Cashback points can be earned through this card for transactions above Rs 400.
At present, most of the debit cards in the country do not offer any reward points for loading money into e-wallets (Paytm, MobiKwik, Freecharge, Amazon Pay, PhonePe etc.). At the same time, 1 percent cashback point is also available for loading money in the e-wallet through HDFC Bank Millennia Debit Card. Here the value of one cashback point is equal to one rupee.
You can save Rs 4800 every year
Using HDFC Bank Millennia Debit Card, you can save Rs 4800 in a year. Cashback points can be earned through this card for transactions above Rs 400. However, a maximum of 400 cashback points can be earned per card per month.
Special Features of the Card
1. Cashback up to Rs.4800 per year can be availed.
2. 5 percent cashback point is available for spending through PayZapp and SmartBuy.
3. Get 2.5% cashback point on all online spends.
4. One percent cashback point is available on all offline spends and wallet reloads.
5. Through this card, you can access the domestic airport lounge 4 times in a year.
6. Accidental insurance coverage up to Rs.10 lakh is available.
7. No cashback points are available for insurance premium payment, credit card payment, fuel, jewelery and other business service transactions.
Cashback Point
>> Cashback point is available after 90 days of doing the transaction.
>> Cashback point to be redeemed within one year. Your cashback point lapses after one year.
>> Cashback points can be redeemed in multiples of 400 through NetBanking. Meaning you can redeem 400, 800, 1200, 1600, 2000, 2400 etc cashback points only.
How to Redeem Cashback Points
>> Login to HDFC Bank’s NetBanking.
>> After this you have to go to the Cards section.
>> After this Debit Cards will have to be selected.
>> Now click on Enquire. Then by going to CashBack Inquiry and Redemption, you have to select Account Number.
>> Now by clicking on Continue, the cashback point has to be entered in the multiple of 400. After redeeming these amounts are credited to your HDFC savings account.
Card Charges
>> The joining fee of this card is Rs 500.
>> The annual fee of this card is Rs.500.
Card Limit
>> Through this card you can withdraw up to 50 thousand rupees from ATM in a day.
>> Domestic shopping up to Rs 3.5 lakh can be done through this card in a day.
>> You can do international shopping up to Rs 1 lakh through this card in a day.
