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

 

[Bhuvanchandra M]

Where we can received this 1% cashback ?

You will get as points, you can later visit the NetBanking portal and claim it back

 

[Bhuvanchandra M]

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

Is the fee added for debit card reloads or credit card reloads?

 

[ayushjhaonline]

Can u pls share which wallet load is free

Ama

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

Really works... but some times it doesn't show option to pay credit card bill using amazon wallet in amazon pay app and cred.

 

[ayushjhaonline]

Where we can received this 1% cashback ?

In statement

 

[ayushjhaonline]

Is the fee added for debit card reloads or credit card reloads?

For credit card only not for debit card till now