Skip to content

Amazon Pay ICICI Bank vs HDFC Bank Millennia

Verified 9 sources

Your monthly spend

HDFC Bank Millennia and Amazon Pay ICICI Bank are ₹400 a year apart at ₹30,000 a month: ₹3,400 against ₹3,000, after fees

HDFC Bank Millennia beats Amazon Pay ICICI Bank by ₹4,900 a year at ₹75,000 a month: ₹12,500 against ₹7,600, after fees

HDFC Bank Millennia beats Amazon Pay ICICI Bank by ₹900 a year at ₹1.5 lakh a month: ₹16,000 against ₹15,100, after fees

Amazon Pay ICICI Bank beats HDFC Bank Millennia by ₹14,200 a year at ₹3 lakh a month: ₹30,200 against ₹16,000, after fees

Amazon Pay ICICI Bank beats HDFC Bank Millennia by ₹34,400 a year at ₹5 lakh a month: ₹50,400 against ₹16,000, after fees

Amazon Pay ICICI Bank credit card

ICICI Bank

Amazon Pay ICICI Bank

Our verdict: Keep Invite only

HDFC Bank Millennia credit card

HDFC Bank

HDFC Bank Millennia

Our verdict: Keep

HDFC Bank Millennia vs Amazon Pay ICICI Bank: which should you pick?

The free Amazon card against the ₹1,000 ten-merchant card. Amazon Pay ICICI pays 5% on Amazon.in for Prime members and 1% almost everywhere else, uncapped, as Amazon Pay balance; Millennia pays 5% at ten named merchants and 1% elsewhere, each capped at 1,000 CashPoints a calendar month. So Millennia wins under ₹1.75L a month and Amazon Pay ICICI takes over from ₹1.75L, once Millennia's caps bind. Lifetime free and 1.99% forex against ₹1,000 waived at ₹1,00,000 of spend and 3.5%; Millennia's only lounge is a quarterly voucher you take instead of ₹1,000 of brand vouchers — and ICICI calls the Amazon card an invite-only programme.

Below ₹1.75 lakh a month HDFC Bank Millennia is the better card; from ₹1.75 lakh up, Amazon Pay ICICI Bank takes over, and by ₹5 lakh a month it is ₹34,400 a year ahead. At ₹75,000 a month the gap is mostly what each card earns on your spend: HDFC Bank Millennia returns ₹12,500 a year in rewards to Amazon Pay ICICI Bank's ₹7,600. Amazon Pay ICICI Bank is the better pick if you spend abroad: its forex markup is 2.0% against 3.5% on HDFC Bank Millennia, 1.5 percentage points less on every rupee spent in another currency, or if you would rather pay less to get the card: Amazon Pay ICICI Bank costs ₹0 — lifetime free, HDFC Bank Millennia ₹1,000/yr.

HDFC Bank Millennia's ongoing earn stops at ₹1,00,000 of spend a month, where Amazon Pay ICICI Bank's doesn't.

Amazon Pay ICICI Bank review HDFC Bank Millennia review

Side by side

Amazon Pay ICICI Bank and HDFC Bank Millennia, fact by fact
FactAmazon Pay ICICI BankHDFC Bank Millennia
Can you get itBy invitation onlyOpen to apply✓ Better
Fee (joining · annual, + GST)₹0 — lifetime free✓ Better₹1,000/yr
Fee waiverNoneSpend ₹1,00,000 a year
Reward rate on everyday spend1.0%1.0%
PointsAmazon Pay balanceHDFC Bank CashPoints
Our value per point₹1.00₹1.00 †
Transfer partnersNoneNone
Lounges it gets you into0 of 7920 of 792
Forex markup1.99% + GST✓ Better3.5% + GST
Welcome benefitnot published1,000 CashPoints (₹1,000 as statement credit) on payment of the joining fee — and nothing at all on renewal

✓ Better marks the side that wins a row; rows that compare unlike things are not scored. Amazon Pay ICICI Bank is ahead on 5 of the 9 rows we can call.

More facts 8 rows
Rank, verdict, lounge visits and fine print
FactAmazon Pay ICICI BankHDFC Bank Millennia
Our rankNot ranked (invite-only)#137
Our verdictKeepKeep
Lounge visits in IndiaNone1 HOI lounge voucher per calendar quarter — but only INSTEAD of the ₹1,000 milestone voucher, never as well
Lounge visits abroadNoneNone
Forex, in the bank’s words1.99% + GST — named as exception 4 to ICICI's 3.50% standard in the master MITC3.5% + GST
Interest (APR)3.75%/mo (45%/yr)3.75%/mo (45%/yr)
Income needed (salaried)₹20,000+/month (product page eligibility panel)₹35,000+/month net
Income needed (self-employed)₹30,000+/month (product page eligibility panel)ITR ₹6L+/yr

† HDFC Bank Millennia: Millennia's CashPoints are worth ₹1 each — but only against the statement, only above a 500-point minimum, only 3,000 points a calendar month, and only after a ₹50 redemption fee HDFC added on 1 August 2024. Point them at travel and they collapse to ₹0.30: that is the rate on SmartBuy flights and hotels, on the rewards catalogue, and on Airmiles, and the catalogue route adds ₹99 + taxes of handling on top. Flight and hotel bookings can absorb at most 50% of the fare in points, capped at 50,000 points a month. There is no transfer partner — this currency does not reach an airline programme at all.

Our value per point is what we think a point is worth when you use it well; every currency's figure and its reasoning is on points values.

What each is worth to you

A year of rewards and bonuses, after the fee
Monthly spendAmazon Pay ICICI BankHDFC Bank Millennia
At ₹30,000 a month₹3,000₹3,400✓ Better
At ₹75,000 a month₹7,600₹12,500✓ Better
At ₹1.5 lakh a month₹15,100₹16,000✓ Better
At ₹3 lakh a month₹30,200✓ Better₹16,000
At ₹5 lakh a month₹50,400✓ Better₹16,000
Pays for itself fromThe first rupee✓ Better₹9,000 a month

On an everyday mix of spending (groceries, bills, travel, fuel and the rest), using each card's own rules for each kind of spend. The same figures as each card's own page.

Every spend from ₹25,000 to ₹5 lakh 20 steps
Amazon Pay ICICI Bank and HDFC Bank Millennia at each ₹25,000 step
Monthly spendAmazon Pay ICICI BankHDFC Bank MillenniaAhead
₹25,000₹2,500₹2,800✓ BetterHDFC Bank Millennia by ₹300
₹50,000₹5,000₹9,600✓ BetterHDFC Bank Millennia by ₹4,600
₹75,000₹7,600₹12,500✓ BetterHDFC Bank Millennia by ₹4,900
₹1 lakh₹10,100₹15,300✓ BetterHDFC Bank Millennia by ₹5,200
₹1.25 lakh₹12,600₹16,000✓ BetterHDFC Bank Millennia by ₹3,400
₹1.5 lakh₹15,100₹16,000✓ BetterHDFC Bank Millennia by ₹900
₹1.75 lakh₹17,600✓ Better₹16,000Amazon Pay ICICI Bank by ₹1,600
₹2 lakh₹20,200✓ Better₹16,000Amazon Pay ICICI Bank by ₹4,200
₹2.25 lakh₹22,700✓ Better₹16,000Amazon Pay ICICI Bank by ₹6,700
₹2.5 lakh₹25,200✓ Better₹16,000Amazon Pay ICICI Bank by ₹9,200
₹2.75 lakh₹27,700✓ Better₹16,000Amazon Pay ICICI Bank by ₹11,700
₹3 lakh₹30,200✓ Better₹16,000Amazon Pay ICICI Bank by ₹14,200
₹3.25 lakh₹32,800✓ Better₹16,000Amazon Pay ICICI Bank by ₹16,800
₹3.5 lakh₹35,300✓ Better₹16,000Amazon Pay ICICI Bank by ₹19,300
₹3.75 lakh₹37,800✓ Better₹16,000Amazon Pay ICICI Bank by ₹21,800
₹4 lakh₹40,300✓ Better₹16,000Amazon Pay ICICI Bank by ₹24,300
₹4.25 lakh₹42,800✓ Better₹16,000Amazon Pay ICICI Bank by ₹26,800
₹4.5 lakh₹45,400✓ Better₹16,000Amazon Pay ICICI Bank by ₹29,400
₹4.75 lakh₹47,900✓ Better₹16,000Amazon Pay ICICI Bank by ₹31,900
₹5 lakh₹50,400✓ Better₹16,000Amazon Pay ICICI Bank by ₹34,400
How we work out the yearly value

We put each card through the same everyday mix of spending, apply that card's own rules for each kind of spend (some earn nothing on fuel or bills), add its milestone and renewal bonuses at our value per point, and take off the fee unless that spend waives it. Bonus categories that need you to shop a certain way are not counted. Your own mix will differ: try your numbers in the calculator, or read how we value cards.

Before you choose

Transfer partners 0 and 0

Amazon Pay ICICI Bank's Amazon Pay balance cannot be moved to any airline or hotel; HDFC Bank Millennia's HDFC Bank CashPoints cannot be moved to any.

Every partner and ratio is on each card's page; the best value for your points is on the transfer optimizer.

Watch out 6 points

Amazon Pay ICICI Bank

  • International spends have earned ZERO rewards since 11 Oct 2025 — the T&C says so, the product page does not
  • No lounge access of any kind, domestic or international
  • Amazon Pay balance is a closed wallet: no transfers, no airline, no cash-out

4 more on its page

HDFC Bank Millennia

  • The lounge is an EITHER/OR: one HOI lounge voucher or a ₹1,000 brand voucher per quarter, never both — 4 visits a year at absolute best
  • Complimentary lounge access was withdrawn on 30 Nov 2023; walk-in visits on the card are now charged at the lounge's own rate
  • Points are ₹1 only as statement credit — ₹0.30 on SmartBuy flights, hotels, catalogue and Airmiles

6 more on its page

Common questions 5 answered

Which is better, Amazon Pay ICICI Bank or HDFC Bank Millennia?

Below ₹1.75 lakh a month HDFC Bank Millennia is the better card; from ₹1.75 lakh up, Amazon Pay ICICI Bank takes over, and by ₹5 lakh a month it is ₹34,400 a year ahead. At ₹75,000 a month the gap is mostly what each card earns on your spend: HDFC Bank Millennia returns ₹12,500 a year in rewards to Amazon Pay ICICI Bank's ₹7,600. Amazon Pay ICICI Bank is the better pick if you spend abroad: its forex markup is 2.0% against 3.5% on HDFC Bank Millennia, 1.5 percentage points less on every rupee spent in another currency, or if you would rather pay less to get the card: Amazon Pay ICICI Bank costs ₹0 — lifetime free, HDFC Bank Millennia ₹1,000/yr.

Amazon Pay ICICI Bank or HDFC Bank Millennia: which is worth more at ₹3 lakh a month?

Amazon Pay ICICI Bank beats HDFC Bank Millennia by ₹14,200 a year at ₹3 lakh a month. Both figures are a year's rewards and bonuses on an everyday spending mix, after the fee.

Which costs less to get, Amazon Pay ICICI Bank or HDFC Bank Millennia?

Amazon Pay ICICI Bank: ₹0 — lifetime free against ₹1,000/yr. Amazon Pay ICICI Bank has no fee waiver; HDFC Bank Millennia waives its fee if you spend ₹1,00,000 a year.

Which gets you into more airport lounges, Amazon Pay ICICI Bank or HDFC Bank Millennia?

Both get you into 0 of the 792 lounges we track.

How current is this comparison?

Amazon Pay ICICI Bank was last checked against its bank's own documents on 18 Oct 2026, HDFC Bank Millennia on 24 Oct 2026. Every figure here is worked out again from those records each time the site is built, so a change to either card shows up the day we log it.

Get the Monday mail: every fee and devaluation that moved on these cards and the rest, in ₹.

Double opt-in, one-click unsubscribe. Privacy

Sources

Amazon Pay ICICI Bank was last checked against its bank's own documents on 18 Oct 2026, HDFC Bank Millennia on 24 Oct 2026. Every fact above comes from these 9 documents; the banks' own are marked official. A fact a bank does not publish shows as "not published", never as zero.

The documents 9 sources
  1. Official ICICI's credit-card charges notice — 2% on skill-based gaming and 1% on wallet loads of ₹5,000+ from 15 Jan 2026; 1% on transportation spends past ₹50,000 from 1 Feb 2026 read
  2. Official Product page — no joining fee, no annual fee, 1.99% forex mark-up, and 5%/3%/2%/1% rewards credited as Amazon Pay balance read
  3. Official Card T&C (last updated 12 Oct 2026), cl. XXIV — rewards credit to Amazon Pay balance, and international transactions have earned nothing since 11 Oct 2025 read
  4. Official MITC (re-issued October 2026) — Nil joining, Nil annual, Nil add-on; 1.99% forex named as exception 4 to the 3.50% standard read
  5. Official HDFC Bank's Millennia product page — the 5%/1% CashBack structure, the quarterly milestone, and the redemption grid (₹1 statement, ₹0.30 SmartBuy, ₹0.30 Airmiles) read
  6. Official Millennia product T&C, published 20 July 2026 — the 1,000-CashPoint monthly cap on both earn buckets, and "1 CashPoint = ₹1 for Millennia Credit Card Holders" read
  7. Official "HDFC Bank Millennia Credit Card — Lounge Access", published 6 Feb 2026: the lounge is one option on the quarterly voucher list, and the old 2-a-quarter quota is gone read
  8. Official HDFC Bank personal-cards MITC, version 4.15 dated October 2026 — Millennia at ₹1 lakh annual-spend waiver, 3.5% forex, and lounge access "via vouchers" read
  9. Official Millennia fees & charges page — "Joining/renewal membership fee: ₹1,000 plus applicable taxes", waived on ₹1 lakh of spend before the renewal date read

Report a wrong fact on this page