Which card has a lower forex fee: HDFC Millennia Credit Card or ICICI Bank Coral RuPay Credit Card?

Both cards have the same forex markup (3.5%).

Which card has a lower annual fee: HDFC Millennia Credit Card or ICICI Bank Coral RuPay Credit Card?

ICICI Bank Coral RuPay Credit Card has a lower annual fee (₹500 annual fee vs ₹1,000 annual fee from second year).

Which card offers better lounge access?

HDFC Millennia Credit Card: 1 per quarter domestic lounge. ICICI Bank Coral RuPay Credit Card: 1 per quarter domestic lounge.

Which card has a higher base reward rate?

HDFC Millennia Credit Card has higher conservative base reward value (~1% vs ~0.5%).

Pairwise comparison Compare 3+ cards →

HDFC Bank Millennia vs ICICI Bank Coral RuPay Credit Cards – Fees, Lounge, Forex

Side-by-side comparison of the HDFC Bank Millennia and the ICICI Bank Coral RuPay. Verify fees, lounge access, forex markup, and base rewards before you apply.

Millennia

Coral RuPay

The short answer

Verdict

Pick Millennia for rewards.

Pick Coral RuPay for upi.

Head-to-head

Three core metrics

Annual fee

Millennia ₹1,000 Waivable at ₹1,00,000 spend

Coral RuPay ₹500 Waivable at ₹1,50,000 spend

Coral RuPay saves ₹500/yr
Forex markup

Millennia 3.5%

Coral RuPay 3.5%
Domestic lounge

Millennia 4/year (1 per quarter) Conditional · Domestic: 1/quarter · requires ₹1,00,000 spend in the previous calendar quarter (unlocks the following quarter)

Coral RuPay 4/year (1 per quarter) Conditional · Domestic: 1/quarter · requires ₹75,000 spend in the previous calendar quarter (unlocks the following quarter)

Reward earning explained

Per card

Millennia

1% · 5% on eligible amazon, bookMyShow, cult.fit, flipkart, myntra, sonyLIV, swiggy, tata CLiQ, uber, and zomato

Strong data

Coral RuPay

2 pts / ₹100

Limited data

Pick based on what matters

4 dimensions

Start with the constraint you care about most: annual fee (HDFC Bank Millennia: ₹1,000 vs ICICI Bank Coral RuPay: ₹500), forex markup (3.5% vs 3.5%), or lounge access (4/year (1 per quarter) vs 4/year (1 per quarter)).

Forex markup Tie

Both cards are similar for forex

Forex markup is 3.5%.
Lounge access Tie

Both cards are similar for lounge access

Domestic lounge access is 1 per quarter.
Rewards HDFC Bank Millennia wins

HDFC Bank Millennia is better for rewards

HDFC Bank Millennia is stronger here. HDFC Bank Millennia conservative base value ~1% vs ICICI Bank Coral RuPay's ~0.5%.
upi ICICI Bank Coral RuPay wins

ICICI Bank Coral RuPay is better for UPI usage

ICICI Bank Coral RuPay is stronger here. Supports UPI via RuPay network.

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

Millennia: ~₹500/month at base rate
Coral RuPay: ~₹250/month at base rate

Illustrative only, using current base rates before caps.

Field	Millennia HDFC Bank	Coral RuPay ICICI Bank
Lounge Access
Domestic lounge visits spend-gated on some cards — see caveats	4/year (1 per quarter)	4/year (1 per quarter)
International lounge visits	No international lounge access	No international lounge access
Forex / International Use
Forex markup	3.5%	3.5%
Fees
Recurring annual fee ₹1,000 vs ₹500	₹1,000	₹500
First-year cost Only available for Millennia	₹1,000	Not specified
Annual-fee waiver ₹1,00,000 vs ₹1,50,000	₹1,00,000	₹1,50,000
Interest-free period Up to 50 days vs Up to 48 days	Up to 50 days	Up to 48 days
Monthly interest rate	3.75% / month	3.75% / month
Late-payment charge	₹100–₹1,300 depending on outstanding balance	₹100–₹1,300 depending on outstanding balance
Fuel benefit 1% surcharge waiver · ₹400–₹5,000 transactions · ₹250/month waiver cap · ₹1,00,000/year waiver cap · Fuel rewards excluded vs 1% surcharge waiver · ₹400–₹4,000 transactions · Fuel rewards excluded	1% surcharge waiver · ₹400–₹5,000 transactions · ₹250/month waiver cap · ₹1,00,000/year waiver cap · Fuel rewards excluded	1% surcharge waiver · ₹400–₹4,000 transactions · Fuel rewards excluded
Rewards
Base earn 1% vs 2 pts / ₹100	1%	2 pts / ₹100
Conservative base value ~1% vs ~0.5%	~1%	~0.5%
Earn ceiling ₹1,000 per calendar month vs Eligible spend capped at ₹20,000 per statement cycle	₹1,000 per calendar month	Eligible spend capped at ₹20,000 per statement cycle
Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. ₹1 vs ₹0.25	₹1	₹0.25
Point validity Only available for Millennia	2 years	Not specified

Notes

HDFC Millennia Credit Card: Condition: ₹1,00,000 spend in the previous calendar quarter (unlocks the following quarter)
ICICI Bank Coral RuPay Credit Card: Condition: ₹75,000 spend in the previous calendar quarter (unlocks the following quarter)
Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.

HDFC Bank Millennia

Verify with issuer

ICICI Bank Coral RuPay

Verify with issuer