* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.
^The negative figure means at this level of monthly spends, the rewards earned in a year will be worth less than the annual fee.
Overall, we estimate you can earn a net reward yield of 0.9-1.8% with this card if you spend more than ₹50,000 a month with this card.
The HDFC Bank Millennia Credit Card is the best choice for HDFC Bank customers who charge between ₹10,000 – 50,000 a month on their card. The Millennia has a net reward yield of 2.3-2.7% in that range.
The Millennia is only available for customers under 40 years of age. If you’re not eligible for the Millennia, consider the Paytm HDFC Bank SELECT Credit Card, which has net reward yield of 1.5-1.8%.
High spenders looking for an HDFC Bank credit card should choose the 6E Rewards XL – Indigo HDFC Bank Credit Card instead, which has a yield of 2.2% for monthly spending >₹50,000 a month.
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
The Rewards
Card
InterMiles HDFC Bank Diners Club Credit Card
Card Type
Reward
Reward Features
16 InterMiles / ₹150 on Flight ticket and Hotels bookings on InterMiles Website
8 InterMiles / ₹150 on retail spends
Milestone Rewards
25,000 InterMiles on spending ₹20,000 – 1.5 lacs in first 90 days
Other Rewards
– 10% discount* on Etihad Airways Business Class tickets booked via InterMiles website
– 5% discount* on Etihad Airways Economy Class tickets booked via InterMiles website
– Unlimited Golf games in India and Abroad
– Unlimited Domestic and International Airport Lounges
– 25% discount on dining bills through Dineout (Max discount ₹1,000)
Rewards Redemption Fee
₹99
Reward Caps
1000 Reward Points on Grocery transactions
Preferred Redemption Method
Redeem InterMiles against travel bookings on InterMiles Website
Fees & Charges
Card
InterMiles HDFC Bank Diners Club Credit Card
Joining Fee
₹5,000 + Taxes
Annual Fee
₹5,000 + Taxes
Min. Annual Credit Card Spend
for Fee Waiver
₹8 Lacs
Income Criteria
Salaried
₹1.75 Lacs p.m.
Self-employed
ITR>₹21 Lacs
Supplementary Card Fee
Free
Interest Rate
23.90%
Foreign Currency Markup
1.99%
Cash Advance Charge
2.50% with a minimum of ₹500
References & Footnotes
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Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.