The HDFC Millennia Debit "Profit Hack"

[Bhuvanchandra M]

The HDFC Millennia Debit Card, despite its ₹590 annual fee (including GST), hides a surprising profit opportunity.

The secret lies in its 1% cashback on wallet reloads.

Here's the simple strategy:

1. Full KYC: Ensure your preferred digital wallet (like Amazon Pay) has full KYC completed.
2. Reload Smartly: Each month, reload your wallet with ₹40,000 using your Millennia Debit Card.

The Math (and the Catch):

• This action alone nets you ₹400 cashback monthly (1% of ₹40,000).
• Important: This ₹400 is the maximum monthly cashback you can earn from wallet reloads and other offline spends. The card's total annual cashback potential across all categories is ₹4,800.
• Over a year, this translates to ₹4,800 in cashback (₹400/month x 12).

Your Annual Profit:

Subtracting the annual fee: ₹4,800 (Cashback) - ₹590 (Annual Fee) = ₹4,210 Net Profit!

For anyone regularly using digital wallets, this is a straightforward way to turn your debit card into a genuine money-saver. Just remember that monthly cap to maximize your earnings with no spending

 

[Vishalsharma]

Where we can received this 1% cashback ?

 

[krishna1718]

Now wallet load having convience fee of 1.76% so be careful in using it and amazon pay will block account I faced this issue

 

[archit3000]

Can u pls share which wallet load is free

 

[krishna1718]

Can u pls share which wallet load is free

Payzapp wallet, omni wallet are free but with 6 months I think they will charge convenience so don't trust wallet loads with millenia dc