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IDFC FIRST Millennia vs IndiGo Axis Bank Premium 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: 15 October 2026.

IDFC FIRST Millennia Credit Card versus IndiGo Axis Bank Premium Credit Card compared
FeatureIDFC FIRST Millennia Credit CardIDFC FIRST Millennia Credit CardIDFC First Bank7 recent changes →
IndiGo Axis Bank Premium Credit CardIndiGo Axis Bank Premium Credit CardAxis Bank6 recent changes →
Rewards by spend
Rewards0.38% base, up to 1.25% on dining0.84% base, up to 1.26% on groceries; 2.94% only at partner merchants
UPI payments (scan and pay)sameEarns nothingEarns nothing
Online shopping0.38%0.84%
Dining and food delivery1.25%0.84%
Groceries0.38%1.26%
Travel: flights, hotels, trains1.25%0.84%; 2.94% only at IndiGo
FuelsameEarns nothingEarns nothing
Bills and recharges0.13%Earns nothing
Rent0.38%Earns nothing
Insurance premiums0.38%Earns nothing
School and college fees0.38%0.84%
Wallet top-ups0.38%Earns nothing
Taxes and government paymentsNot statedEarns nothing
Spend abroad or in a foreign currencyEarns nothing0.84%
Everything else0.38%0.84%
Card identity
Card typeDiningTravel
NetworksameVisaVisa
Card tierEntryPremium
Fees
Joining feeFree₹5,000 + GST
Annual feeFree₹5,000 + GST
Lifetime freeYesNo
Eligibility
Min age-18 years
Max age-70 years
Employment typesameBOTHBOTH
Min monthly salary₹25,000₹50,000
Rewards
Reward typesameReward pointsReward points
Point valuesame₹0₹0
Fuel surcharge
Fuel surcharge waiverYesNo
Lounge access
Domestic lounge visits08
International lounge visits02
Railway lounge visits16-
Lounge programme-PRIORITY_PASS
Priority PassNoYes
Lounge conditionSpend Rs 20,000 in the previous month for lounge accessSpend Rs 50,000 in the previous quarter for domestic lounge access
Forex and international
Forex markupNone2.5%
Interest and charges
Interest rate (monthly)0.71%3.75%
Interest rate (annual)8.52%45%
Redemption
Redemption fee₹99-
Page content
Documents neededsamePAN card Aadhaar / valid address proof Latest 3 months bank statement Income proof, salary slips (salaried) or ITR (self-employed) Recent passport-size photographPAN 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

IDFC FIRST Millennia Credit Card
Rewards a year
₹1,440
Fee a year
₹0
You keep
₹1,440
IndiGo Axis Bank Premium Credit Card
Rewards a year
₹2,268
Fee a year
- ₹5,900
You keep
- ₹3,632

At this spend, IDFC FIRST Millennia Credit Card comes out ₹5,072 a year ahead of IndiGo Axis Bank Premium 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

IDFC FIRST Millennia Credit Card
  • First-time card users
  • Young earners
  • UPI payment users
  • People who want no annual fee
IndiGo Axis Bank Premium Credit Card
  • Frequent IndiGo flyers
  • Domestic business travellers
  • People who redeem for flights

Watch-Outs

IDFC FIRST Millennia Credit Card
  • Base earning is only about 0.38%
  • Low earning on utility bills
  • No airport lounge access
IndiGo Axis Bank Premium Credit Card
  • ₹5,000 fee is never waived
  • Rewards are tied to IndiGo
  • Domestic lounges need Rs 50,000 spend in the previous quarter

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

Questions People Ask

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

IDFC FIRST Millennia Credit Card. IDFC FIRST Millennia Credit Card: no annual fee; IndiGo Axis Bank Premium Credit Card: ₹5,000. 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%; IndiGo Axis Bank Premium Credit Card: 2.5%. The markup is charged on every foreign-currency transaction, before GST.

Which earns more on everyday spending?

On spends outside any bonus category: IndiGo Axis Bank Premium Credit Card 0.84%, 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?

IDFC FIRST Millennia Credit Card: no complimentary lounge visits; IndiGo Axis Bank Premium Credit Card: 8 domestic lounge visits a year. Some cards need a minimum spend in the quarter before a visit counts, so check the lounge terms.

Which is easier to get?

By stated minimum monthly income: IDFC FIRST Millennia Credit Card ₹25,000, IndiGo Axis Bank Premium Credit Card ₹50,000. Banks also weigh your credit score and existing relationship, so meeting the income is not a guarantee.

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

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