Which card has a lower forex fee: HDFC Millennia Credit Card or PhonePe SBI SELECT BLACK Credit Card?

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

Which card has a lower annual fee: HDFC Millennia Credit Card or PhonePe SBI SELECT BLACK Credit Card?

HDFC Millennia Credit Card has a lower annual fee (₹1,000 vs ₹1,499).

Which card offers better lounge access?

HDFC Millennia Credit Card: 4/year domestic lounge. PhonePe SBI SELECT BLACK Credit Card: 4/year domestic lounge.

Which card has a higher base reward rate?

Both cards have similar base reward value (~1%).

Pairwise comparison Add another card →

HDFC Bank Millennia vs SBI Card PhonePe SBI SELECT BLACK Credit Cards – Fees, Lounge, Forex

Side-by-side comparison of the HDFC Bank Millennia and the SBI Card PhonePe SBI SELECT BLACK. Verify fees, lounge access, forex markup, and base rewards before you apply.

upi SBI Card PhonePe SBI SELECT BLACK

Quick comparison

Three core metrics

Millennia HDFC Bank

Annual fee ₹1,000 Waivable at ₹1,00,000 spend
Forex markup 3.5%
Domestic lounge 4/year

PhonePe SBI SELECT BLACK SBI Card

Annual fee ₹1,499 Waivable at ₹3,00,000 spend
Forex markup 3.5%
Domestic lounge 4/year

Reward earning explained

Per card

Millennia

5% on Shopping + 1% on General spend

Limited data

PhonePe SBI SELECT BLACK

1 pts / ₹100 on General spend

Limited data

Pick based on what matters

5 dimensions

Start with the constraint you care about most: annual fee (HDFC Bank Millennia: ₹1,000 vs SBI Card PhonePe SBI SELECT BLACK: ₹1,499), forex markup (3.5% vs 3.5%), or lounge access (4/year vs 4/year).

Forex markup Tie

Both cards are similar for forex

Forex markup is 3.5%.

Millennia: Limited data PhonePe SBI SELECT BLACK: Limited data
Lounge access Tie

Both cards are similar for lounge access

Domestic lounge access is 4/year.

Millennia: Limited data PhonePe SBI SELECT BLACK: Limited data
Rewards Tie

Both cards are similar for rewards

Estimated base reward value is ~1% on base spend.

Millennia: Limited data PhonePe SBI SELECT BLACK: Limited data
Annual fee Insufficient data

Insufficient data to compare fees

Only HDFC Bank Millennia has comparable evidence here. Annual fee is ₹1,000.

Millennia: Limited data PhonePe SBI SELECT BLACK: Limited data
upi SBI Card PhonePe SBI SELECT BLACK wins

SBI Card PhonePe SBI SELECT BLACK is better for UPI usage

SBI Card PhonePe SBI SELECT BLACK is stronger here. Supports UPI via RuPay network.

Verify with issuer

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

Millennia: ~₹500/month at base rate
PhonePe SBI SELECT BLACK: ~₹500/month at base rate

Illustrative only, using current base rates before caps.

Field	Millennia HDFC Bank	PhonePe SBI SELECT BLACK SBI Card
Lounge Access
Domestic lounge visits	4/year	4/year
International lounge visits 6/year vs 4/year	6/year	4/year
Forex / International Use
Forex markup	3.5%	3.5%
Fees
Annual fee ₹1,000 vs ₹1,499	₹1,000	₹1,499
Joining fee ₹1,000 vs ₹500	₹1,000	₹500
Fee waiver spend ₹1,00,000 vs ₹3,00,000	₹1,00,000	₹3,00,000
Rewards
Points per ₹100	1 pts	1 pts
Point cash value	₹1	₹1

Notes

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