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IDFC FIRST Millennia vs Cashback SBI Card – Full comparison

Both cards verified with issuer

IDFC FIRST Millennia source Cashback SBI Card source

Annual fee structure is a key difference

Key differences

Lowest fee IDFC FIRST Millennia ₹0
Best lounge IDFC FIRST Millennia 4/year lounge

Spend context

At ₹50k/month spend:

  • Cashback SBI Card: ~₹500/month at base rate
  • IDFC FIRST Millennia: ~₹250/month at base rate

Approximate, based on base rates (before caps).

IDFC FIRST Millennia IDFC Cashback SBI Card SBI
Lounge Access
Domestic lounge visits
4/year vs None
4/year None
Forex / International Use
Forex markup
No difference
3.5% 3.5%
Fees
Annual fee
₹0 vs ₹999
₹0 ₹999
Joining fee
₹0 vs ₹999
₹0 ₹999
Fee waiver spend
Only available for Cashback SBI Card
Not clearly specified ₹2,00,000
Rewards
Reward points (base spend)
3 pts/₹150 vs 1 pts/₹100
3 pts/₹150 1 pts/₹100
Point cash value
₹0.25 vs ₹1
₹0.25 ₹1

Notes

  • Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.
Important

Data is compiled from issuer and public sources. Always verify with the issuer before applying.