Federal Bank Mastercard Signet Credit Card vs HDFC Millennia Credit Card
Federal Bank · HDFC Bank — side-by-side CardCheck comparison
CardCheck Score BattleDeterministic 0–100 Benchmark Rating
100% Unsponsored MITC Data
Federal BankScoreVery Good
Annual FeeFree
Max Reward2%
HDFC BankScoreVery Good
Annual Fee₹1,000
Max Reward5%
HDFC Millennia Credit Card leads overall with a CardCheck Score of 73/100 (+1 pts over Federal Bank Mastercard Signet Credit Card).
4-Pillar Head-to-Head Breakdown
Federal vs HDFCReward Power
35%Federal24/35
HDFC34/35
HDFC Wins
Fee Value & ROI
25%Federal25/25
HDFC20/25
Federal Wins
Lounge & Travel
20%Federal11/20
HDFC11/20
Tie (11/20)
Forex & Access
20%Federal12/20
HDFC8/20
Federal Wins
01—CardCheck Score & Pillars
- CardCheck Score
- 72
- 73Best
- Rating Verdict
- Very Good
- Very Good
- Reward Power (35%)
- 24/35
- 34/35
- Fee Value & ROI (25%)
- 25/25
- 20/25
- Lounge & Travel (20%)
- 11/20
- 11/20
- Forex & Access (20%)
- 12/20
- 8/20
02—Basic Info
- Bank
- Federal Bank
- HDFC Bank
- Network
- Mastercard
- Visa, Mastercard
- Card type
- Regular
- Regular
- Best for
- Lifetime free starter card — lounge access and rewards at zero annual fee
- online shoppers
03—Fees
- Joining fee
- FreeBest
- ₹1,000
- Annual fee
- FreeBest
- ₹1,000
- Fee waiver
- —
- ₹1,00,000
- Interest-free days
- —
- 50
04—Interest
- APR (min)
- 42%
- —
- APR (max)
- 42%
- —
05—Rewards
- Reward type
- points
- cashback
- Min rate
- 0.5%
- 1%Best
- Max rate
- 2%
- 5%Best
- Point value
- —
- ₹1
- Monthly cap
- —
- ₹3,000
06—Travel & Lounge
- Domestic lounge / qtr
- 1Best
- 0
- Intl lounge / year
- 0
- 0
- Priority Pass
- DreamFolks
07—Forex & Fuel
- Forex markup
- 3.5%
- —
- Fuel surcharge waiver
08—Features
- Metal card
- Contactless
- UPI linked
09—Eligibility
- Min age
- 18
- 21
- Min income / month
- ₹15,000
- ₹35,000
- Min CIBIL
- 650
- —
- Invite only
Rows won
03of 06
03of 06
| Attribute ↓ | ★ Overall pick Column A | Column B |
|---|---|---|
01—CardCheck Score & Pillars Differences highlighted | ||
| CardCheck Score | 72 | 73Best |
| Rating Verdict | Very Good | Very Good |
| Reward Power (35%) | 24/35 | 34/35 |
| Fee Value & ROI (25%) | 25/25 | 20/25 |
| Lounge & Travel (20%) | 11/20 | 11/20 |
| Forex & Access (20%) | 12/20 | 8/20 |
02—Basic Info Differences highlighted | ||
| Bank | Federal Bank | HDFC Bank |
| Network | Mastercard | Visa, Mastercard |
| Card type | Regular | Regular |
| Best for | Lifetime free starter card — lounge access and rewards at zero annual fee | online shoppers |
03—Fees Differences highlighted | ||
| Joining fee | FreeBest | ₹1,000 |
| Annual fee | FreeBest | ₹1,000 |
| Fee waiver | — | ₹1,00,000 |
| Interest-free days | — | 50 |
04—Interest Differences highlighted | ||
| APR (min) | 42% | — |
| APR (max) | 42% | — |
05—Rewards Differences highlighted | ||
| Reward type | points | cashback |
| Min rate | 0.5% | 1%Best |
| Max rate | 2% | 5%Best |
| Point value | — | ₹1 |
| Monthly cap | — | ₹3,000 |
06—Travel & Lounge Differences highlighted | ||
| Domestic lounge / qtr | 1Best | 0 |
| Intl lounge / year | 0 | 0 |
| Priority Pass | ||
| DreamFolks | ||
07—Forex & Fuel Differences highlighted | ||
| Forex markup | 3.5% | — |
| Fuel surcharge waiver | ||
08—Features Differences highlighted | ||
| Metal card | ||
| Contactless | ||
| UPI linked | ||
09—Eligibility Differences highlighted | ||
| Min age | 18 | 21 |
| Min income / month | ₹15,000 | ₹35,000 |
| Min CIBIL | 650 | — |
| Invite only | ||
| Rows won | 03of 06 | 03of 06 |
Quick Verdict & Key Differences
Verified MITC Data
| Key Specification | Federal Bank Mastercard Signet Credit Card | HDFC Millennia Credit Card |
|---|---|---|
| CardCheck Score | 72/100Very Good | 73/100Very Good |
| Annual Fee | Free (₹0) | ₹1,000 |
| Fee Waiver Spend | No waiver | ₹1L/yr |
| Max Reward Potential | 2% | 5% |
| Domestic Lounge Access | 1 / quarter | None |
| International Lounge | None | None |
| Forex Markup Fee | 3.5% | 3.5% |
Choose Federal Bank Mastercard Signet Credit Card if:
Your spending centers around lifetime free starter card — lounge access and rewards at zero annual fee and you want direct partner rewards with Federal Bank.
Choose HDFC Millennia Credit Card if:
Your spending aligns with online shoppers and you prioritize HDFC Bank's redemption benefits.
Frequently asked questions: Federal Bank Mastercard Signet Credit Card vs HDFC Millennia Credit Card
- Which is better: Federal Bank Mastercard Signet Credit Card or HDFC Millennia Credit Card?
- HDFC Millennia Credit Card holds a higher overall rating with a CardCheck Score of 73/100 (Very Good) compared to 72/100 (Very Good) for Federal Bank Mastercard Signet Credit Card (a lead of +1 points). HDFC Millennia Credit Card provides better net value across rewards and fee structures.
- How do annual fees and fee waiver spend rules compare?
- Federal Bank Mastercard Signet Credit Card charges an annual fee of ₹0 (Lifetime Free / Zero Fee) with no official annual spend waiver milestone for renewal fee waiver. In comparison, HDFC Millennia Credit Card charges an annual fee of ₹1,000 with an annual spend threshold of ₹1 Lakh.
- How do the reward rates and cashback compare between Federal Bank Mastercard Signet Credit Card and HDFC Millennia Credit Card?
- Federal Bank Mastercard Signet Credit Card offers a base reward rate of 0.5% and up to 2% on accelerated partner categories. Meanwhile, HDFC Millennia Credit Card offers a base rate of 1% and up to 5% on eligible spends. Compare net returns against your monthly spend in our Rewards Calculator.
- Which card has better airport lounge access: Federal Bank Mastercard Signet Credit Card or HDFC Millennia Credit Card?
- Federal Bank Mastercard Signet Credit Card provides 1 domestic lounge visit(s) per quarter. On the other hand, HDFC Millennia Credit Card provides no complimentary domestic lounge access. Note that most issuers now require meeting minimum quarterly spend criteria (typically ₹10,000 to ₹50,000 in the preceding quarter) to unlock lounge access.
- Which card is better for international foreign currency spends?
- Federal Bank Mastercard Signet Credit Card levies a foreign currency markup fee of 3.5%, while HDFC Millennia Credit Card charges 3.50%. Lower forex markup directly reduces costs when transacting overseas or on international e-commerce platforms.
- Is CardCheck's comparison data unbiased and verified against official bank MITC?
- Yes. All credit card fees, interest rates, lounge visit quotas, and reward calculations on CardCheck are 100% unsponsored and verified directly against each bank's official Most Important Terms & Conditions (MITC).