Yes FIRST Preferred Credit card vs HDFC AllMiles

• Obtain Priority Pass Membership that provides lounge complimentary access
• Avail 25% discount on movie bookings at BookMyShow
• Earn 20,000 Bonus Reward Points on achieving spends of Rs. 7.5 Lakhs or more in each anniversary year
• Four Reward Points per Rs. 100 spent on all other categories
• Avail great offers across travel, dining, shopping, wellness and more, in select cities

• The first year’s membership will be free only by spending Rs. 15,000 within the first 90 days
• Renew membership for free by spending Rs. 1,00,000 in a year
• Accumulate Three reward points for every Rs 150 you spend
• 2x reward points will be given for hotel bookings, mobile recharge, and shopping
• On fuel transactions get 1% Fuel Surcharge waiver. Minimum transaction of Rs. 400, Maximum Cashback of Rs. 500 per statement cycle
• With the EMV Chip Card technology, you'll stay protected against unauthorized use of your credit card
• If you lost your credit card, be assured of zero liability after reporting the loss
• Avail up to 50 interest-free days from the date of purchase (subject to the submission of charge by the merchant)
• Obtain Revolving Credit at a nominal interest rate
• Priority Pass - Charge of $27 + taxes, will apply on all the lounge visits exceeding the complimentary cap

Pros

• Get Life Insurance Cover of INR 1 Cr for death due to Flight Accidents
• Earn 2X rewards on Travel Agencies & Tour Operators, Domestic Airlines and Dining
• Low forex markup of 1.75%
• Golf Privileges

Cons

• Low default reward rate

Pros

• Get first year’s membership free by spending Rs 15,000 within the first 90 days
• Renew your membership free by spending Rs. 1,00,000 in a year
• Free access to over 600 exclusive airport lounges

Cons

• High-interest rate
• No golf privileges
• High renewal fees if you don’t spend Rs. 1 lakh in a year