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Comparison · हिन्दी

HDFC Millennia vs Axis ACE

Both cards compared on real rupee returns for cashback and online shopping. We ran the numbers so you can make the right call.

Last updated: August 2026 · Based on current card terms
HDFC
MILLENNIA
ASHOK KUMAR
VS
AXIS
ACE
ASHOK KUMAR
Our verdict
Axis ACE Credit Card wins for most people
Card B wins with ₹2,381 annual benefit versus Card A's ₹1,220. Its broader cashback categories and lower fee waiver threshold make it significantly more rewarding for this spend profile.
Side-by-side comparison
HDFC Millennia Credit Card Axis ACE Credit Card ✓
Annual benefit ₹1,220 ₹2,381
Annual feeThe yearly fee a bank charges for holding the card, often waived if you spend enough in a year.Full definition → ₹1,000 + taxes (waived on ₹1L spend) ₹499 + taxes (waived on ₹2L annual spend)
Reward rateCashback pays you directly in rupees; reward points need converting first, and their real value depends on the redemption ratio.Full definition → 2.5% cashback on online shopping, 1% on other spends: the advertised 5% rate is only available via HDFC's own PayZapp/SmartBuy portal specifically, not general shopping 5% cashback on utility bills via Google Pay; 4% on Swiggy, Zomato, Ola; 1.5% on all other spends
Lounge accessFree entry to airport lounges, usually limited to a set number of visits per quarter or year.Full definition → 8 visits/year (domestic) 4 domestic visits/year (on ₹50,000/quarter spend)
Forex markupThe extra fee your bank adds on top of the real exchange rate for any spend in a foreign currency.Full definition → 3.5% 3.5%
Best for Everyday online shopping with a modest, capped cashback Utility bill payments and everyday flat cashback
Min. incomeThe minimum income, credit score, and other conditions a bank requires before approving your application.Full definition → ₹3.5L+ per year ₹3L+ per year
Credit scoreYour 3-digit credit score (300-900), higher scores make approval easier and can unlock better cards.Full definition → 700+ 700+
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When each card wins
HDFC Millennia Credit Card
Card A suits you if you primarily shop online via HDFC's PayZapp/SmartBuy portal, where the advertised 5% cashback applies. However, general online shopping only earns 2.5%, limiting its appeal for most users.
Axis ACE Credit Card
Card B excels for your balanced spending across dining, groceries, fuel, and shopping. Its 4% on Swiggy/Zomato aligns perfectly with your ₹3,000 monthly dining spend, while the low fee waiver threshold (₹2L/year) is easily met.
Who should get which card
Get HDFC Millennia if you…
· Exclusive HDFC PayZapp/SmartBuy shopper with high online purchase volumes
· Already have ₹1L+ annual HDFC spends to waive the fee effortlessly
· Prefer single-card simplicity focused on online transactions
Get Axis ACE if you…
· Dine frequently at Swiggy/Zomato and want 4% cashback on every order
· Value flat 1.5% cashback across groceries, fuel, and general shopping
· Benefit from the ₹499 fee being easily waivable at ₹13K monthly spend
Partner offer
SBI SimplyCLICK Credit Card
Online spend with SBI relationship
Apply now →
SBI
ASHOK KUMAR

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Related guides
Axis ACE vs SBI Cashback →IDFC FIRST Wealth vs Axis ACE →HDFC Millennia vs SBI Cashback →Airtel Axis Bank vs Axis ACE →Best Dining Credit Cards →Best Shopping Credit Cards →Best Credit Cards for Swiggy and Zomato →
Frequently asked questions
Based on our analysis, Axis ACE Credit Card offers better annual returns for most spend profiles.
HDFC Millennia Credit Card has an annual fee of ₹1,000 + taxes (waived on ₹1L spend). Axis ACE Credit Card has an annual fee of ₹499 + taxes (waived on ₹2L annual spend).
HDFC Millennia Credit Card offers 2.5% cashback on online shopping, 1% on other spends: the advertised 5% rate is only available via HDFC's own PayZapp/SmartBuy portal specifically, not general shopping. Axis ACE Credit Card offers 5% cashback on utility bills via Google Pay; 4% on Swiggy, Zomato, Ola; 1.5% on all other spends.
HDFC Millennia Credit Card lounge access: 8 visits/year (domestic). Axis ACE Credit Card lounge access: 4 domestic visits/year (on ₹50,000/quarter spend).
HDFC Millennia Credit Card charges 3.5% forex markup. Axis ACE Credit Card charges 3.5% forex markup.