IDFC FIRST Millennia Credit Card Review

[Pravin2407]

The IDFC FIRST Millennia Credit Card is designed as an entry-level product, and its main strength is that it has no lifetime fees. For newcomers, not having to pay annual or renewal fees is a significant benefit, especially since most cards in this category charge at least a small fee after the first year.


The reward system is well-designed. Cardholders can earn 3X reward points on regular spending and 10X points on higher monthly spending or birthdays. This setup helps users get the most value out of their planned usage. The reward points do not expire, allowing users to gather and use them at their own pace. The conversion rate is decent, making the program straightforward and rewarding.


The welcome benefits also enhance the card's attractiveness. Users receive a gift voucher and cashback on their first EMI transaction, with a total value of up to ₹1,500. This type of offer is rare among lifetime-free cards, which usually lack welcome perks.


Regarding travel perks, not having airport lounge access is acceptable for a beginner-friendly card. Instead, it offers access to domestic railway lounges, catering to many Indian commuters. While premium travelers might view this as a limitation, it is a reasonable trade-off for a card that doesn't incur annual fees.


Overall, this review indicates that the IDFC FIRST Millennia Credit Card is a well-rounded entry-level option. It suits users seeking a no-fee card with a practical rewards system, decent lifestyle perks, and unique welcome benefits, without the expectation of high-end travel privileges.