Visa Business Card Platinum – Standard Chartered vs HDFC Millennia Credit Card

• Earn 3X Rewards Points on every IDR10,000 transaction above IDR10 million transactions per month. For transactions below IDR10 million, earn 1 point
• Every IDR 10,000 spend = 3X Rewards Points for every IDR10,000 transaction above IDR10 million transactions per month. Earn 1 point for transactions below IDR10 million
• Annual Fee: Primary: IDR 750.000,-/year and Supplementary: IDR 375.000/year
• Minimum repayments: 10% of monthly billing statement or IDR 50,000 (whichever is higher)
• 5% cash back for travel transaction when using Platinum Business Card for a maximum of IDR 2 million on travel transactions per month

• You will receive Welcome Benefit of 1000 CashPoints that’s applicable only on payment of membership fee
• Get Renewal membership fee waived off by spending Rs. 1,00,000 and above during the first year
• Earn 5% CashBack on all spends with a maximum CashBack earning of Rs. 2,250 per month
• Earn 5% CashBack on Amazon, Flipkart, Flight & Hotel bookings on shopping via PayZapp, and SmartBuy (minimum transaction size of Rs. 2000)
• 2.5% CashBack on all online spends
• 1% CashBack on all offline spends and Wallet reloads
• 8 Complimentary Domestic Lounge Access per calendar year
• Complimentary Domestic Airport Lounge access annually
• Experience the Good Food Trail Dining program at premium restaurants across top cities.
• 1% Fuel Surcharge waived off on fuel transactions (Minimum transaction of Rs. 400, Maximum CashBack of Rs. 250 per statement cycle) 
• Enjoy up to 50 days of the interest-free period from the date of purchase 
• If your HDFC Bank Millennia Credit Card gets lost, report immediately and avail zero liability on any fraudulent transactions made on the Credit Card

Rewards Rate:

Please note: The CashBack will be given in the form of CashPoints

• The redemption against the statement balance: 1 CashPoint = Rs. 1
• Redemption against travel benefits such as Flight & Hotel bookings and Rewards Catalogue at the SmartBuy Rewards Portal: 1 CashPoint = Rs. 0.30
• Redeem CashPoints at the conversion rate of 1 CashPoint = Rs. 0.30

Pros

• Enjoy 5% cashback for your travel transaction
• Free Annual Fee for 1st Year

Cons

• No complimentary Golf/coaching sessions
• No Complimentary Airport Lounge Access
• No Fuel Wavier

Pros

• Avail Complimentary MasterCard/Diners Club/Visa Lounge Access Program
• The HDFC Bank Millennia Credit Card is enabled for contactless payments, facilitating fast, convenient and secure payments at retail outlets
• Revolving Credit is available at a nominal interest rate

Cons

• No golf/coaching sessions
• The Cash Points are only valid for 1 year from the date of accumulation 
• Interest rates bit higher than the other credit cards- It’s 3.49% per month, accounting to 41.88% per annum