Share

Axis Bank Reserve vs IDFC FIRST Millennia Credit Card Compared

Which credit card suits you? Side by side on the numbers that decide it. A blank means the provider has not published that figure, not that it is zero. Data last verified: 24 October 2026.

Axis Bank Reserve Credit Card versus IDFC FIRST Millennia Credit Card compared
FeatureAxis Bank Reserve Credit CardAxis Bank Reserve Credit CardAxis Bank5 recent changes →
IDFC FIRST Millennia Credit CardIDFC FIRST Millennia Credit CardIDFC First Bank7 recent changes →
Rewards by spend
Rewards3% base, up to 6% on foreign spends0.38% base, up to 1.25% on dining
UPI payments (scan and pay)sameEarns nothingEarns nothing
Online shopping3%0.38%
Dining and food delivery3%1.25%
Groceries3%0.38%
Travel: flights, hotels, trains3%1.25%
FuelsameEarns nothingEarns nothing
Bills and rechargesEarns nothing0.13%
Rent3%0.38%
Insurance premiumsEarns nothing0.38%
School and college fees3%0.38%
Wallet top-upsEarns nothing0.38%
Taxes and government paymentsEarns nothingNot stated
Spend abroad or in a foreign currency6%Earns nothing
Everything else3%0.38%
Card identity
Card typeInternationalDining
NetworkMastercardVisa
Card tierSuper premiumEntry
Fees
Joining fee₹50,000 + GSTFree
Annual fee₹50,000 + GSTFree
Lifetime freeNoYes
Fee waived at₹35,00,000-
Eligibility
Employment type-BOTH
Min monthly salary-₹25,000
Rewards
Reward typesameReward pointsReward points
Point valuesame₹0₹0
Fuel surcharge
Fuel surcharge waiversameYesYes
Lounge access
Domestic lounge visits-0
Domestic lounge unlimitedYesNo
International lounge visits-0
International lounge unlimitedYesNo
Guest lounge visits12-
Railway lounge visits-16
Lounge programmePRIORITY_PASS-
Priority PassYesNo
Lounge conditionUnlimited domestic and international airport lounge access for primary and add-on cardholders, plus 12 complimentary guest visits a year. From 28 Aug 2026 Priority Pass no longer opens Indian domestic lounges, show the card and boarding passSpend Rs 20,000 in the previous month for lounge access
Forex and international
Forex markup1.5%None
Interest and charges
Interest rate (monthly)3%0.71%
Interest rate (annual)36%8.52%
Redemption
Redemption fee-₹99
Page content
Documents needed-PAN card Aadhaar / valid address proof Latest 3 months bank statement Income proof, salary slips (salaried) or ITR (self-employed) Recent passport-size photograph
ApplyApply NowApply Now

Worth in Rupees at ₹20,000 a Month

Axis Bank Reserve Credit Card
Rewards a year
₹9,000
Fee a year
- ₹59,000
You keep
- ₹48,584
IDFC FIRST Millennia Credit Card
Rewards a year
₹1,440
Fee a year
₹0
You keep
₹1,440

At this spend, IDFC FIRST Millennia Credit Card comes out ₹50,024 a year ahead of Axis Bank Reserve Credit Card. Worked out from each card's published reward rate, caps and fee, on ₹20,000 a month. Your own spend changes the answer: try the rewards calculator.

Best For

Axis Bank Reserve Credit Card
  • Foreign spends: 6% back
  • Spending ₹2,91,667 or more a month: the ₹59,000 fee is waived
  • Frequent flyers: unlimited airport lounge visits
  • Spending abroad: 1.5% markup, most cards add 3.5%
IDFC FIRST Millennia Credit Card
  • First-time card users
  • Young earners
  • UPI payment users
  • People who want no annual fee

Watch-Outs

Axis Bank Reserve Credit Card
  • Skip it if you spend less than ₹2,91,667 a month (₹35,00,000 a year, rent and wallet loads not counted): the ₹59,000 fee is then charged
  • Skip it if most of your spending is fuel, utility bills, insurance or wallet top-ups: those earn nothing on this card
  • Skip it if you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
  • Skip it if you rarely spend on foreign spends: the 6% rate applies only there, everything else earns 3%
IDFC FIRST Millennia Credit Card
  • Base earning is only about 0.38%
  • Low earning on utility bills
  • No airport lounge access

Card data sourced via CardAdvisor.in (Axis Bank Reserve Credit Card, IDFC FIRST Millennia Credit Card), India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.

Questions People Ask

Which has the lower annual fee, Axis Bank Reserve Credit Card or IDFC FIRST Millennia Credit Card?

IDFC FIRST Millennia Credit Card. IDFC FIRST Millennia Credit Card: no annual fee; Axis Bank Reserve Credit Card: ₹50,000. Check whether a spend-based waiver applies before you decide.

Which is better for spending abroad?

IDFC FIRST Millennia Credit Card has the lowest forex markup. IDFC FIRST Millennia Credit Card: 0%; Axis Bank Reserve Credit Card: 1.5%. The markup is charged on every foreign-currency transaction, before GST.

Which earns more on everyday spending?

On spends outside any bonus category: Axis Bank Reserve Credit Card 3%, IDFC FIRST Millennia Credit Card 0.38%. Bonus categories, rates limited to named merchants and monthly caps change the picture, so compare the rewards by spend too.

Which gives airport lounge access?

Axis Bank Reserve Credit Card: unlimited domestic lounge visits; IDFC FIRST Millennia Credit Card: no complimentary lounge visits. Some cards need a minimum spend in the quarter before a visit counts, so check the lounge terms.

Can I hold more than one of these cards?

Usually yes, if each bank approves you. Many people keep one card for everyday spending and another for a specific use such as travel. Each application is a separate credit check.

Work Out the Numbers

Other Comparisons

We earn a commission if you are approved, and you pay nothing extra. How we make money.

Compare all the credit cards we list

Credit Cards

Guides in Plain Words

Short reads that explain how it works before you decide.

All Credit Cards guides
SkyloFin - Expense Tracker

Your Money. One Clear View.

Automatically organise your spending, track expenses and understand where your money goes.

  • Reads bank SMS No account linking, no passwords.
  • Sorts every rupee Into categories you can edit.
  • Bills and cards Statements found, due dates reminded.
  • Your Google Drive Backed up to you, never to us.
Get the AppSee how it works