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IDFC FIRST Millennia Credit Card vs IRCTC SBI Card Premier 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: 11 October 2026.

IDFC FIRST Millennia Credit Card versus IRCTC SBI Card Premier compared
FeatureIDFC FIRST Millennia Credit CardIDFC FIRST Millennia Credit CardIDFC First Bank7 recent changes →
IRCTC SBI Card PremierIRCTC SBI Card PremierState Bank of India5 recent changes →
Rewards by spend
Rewards0.38% base, up to 1.25% on dining0.8% base, up to 2.4% on dining; 8% only at partner merchants
UPI payments (scan and pay)sameEarns nothingEarns nothing
Online shopping0.38%0.8%
Dining and food delivery1.25%2.4%
Groceries0.38%0.8%
Travel: flights, hotels, trains1.25%0.8%; 8% only at IRCTC
FuelsameEarns nothingEarns nothing
Bills and recharges0.13%2.4%
Rent0.38%Earns nothing
Insurance premiums0.38%0.8%
School and college fees0.38%0.8%
Wallet top-ups0.38%Earns nothing
Taxes and government paymentsNot statedEarns nothing
Spend abroad or in a foreign currencyEarns nothing0.8%
Everything else0.38%0.8%
Card identity
Card typeDiningTravel
NetworksameVisaVisa
Card tierEntryMid
Fees
Joining feeFree₹1,499 + GST
Annual feeFree₹1,499 + GST
Lifetime freeYesNo
Fee waived at-₹2,00,000
Eligibility
Employment typeBOTH-
Min monthly salary₹25,000-
Rewards
Reward typesameReward pointsReward points
Point value₹0₹1
Fuel surcharge
Fuel surcharge waiversameYesYes
Fuel waiver cap-₹250
Lounge access
Domestic lounge visitssame00
International lounge visitssame00
Railway lounge visits168
Lounge conditionSpend Rs 20,000 in the previous month for lounge access8 complimentary railway lounge visits a year (2 per quarter) at participating stations
Forex and international
Forex markupNone3.5%
Interest and charges
Interest rate (monthly)0.71%-
Interest rate (annual)8.52%-
Redemption
Redemption fee₹99-
Page content
Documents neededPAN 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
IRCTC SBI Card Premier
Rewards a year
₹2,880
Fee a year
₹0
You keep
₹2,880

At this spend, IRCTC SBI Card Premier comes out ₹1,440 a year ahead of IDFC FIRST Millennia 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
IRCTC SBI Card Premier
  • Travel only at IRCTC: 8% back
  • Dining: 2.4% back
  • Spending ₹16,667 or more a month: the ₹1,769 fee is waived
  • Flyers: some airport lounge visits a year

Watch-Outs

IDFC FIRST Millennia Credit Card
  • Base earning is only about 0.38%
  • Low earning on utility bills
  • No airport lounge access
IRCTC SBI Card Premier
  • Skip it if you spend less than ₹16,667 a month (₹2,00,000 a year, rent and wallet loads not counted): the ₹1,769 fee is then charged
  • Skip it if most of your spending is fuel, rent, wallet top-ups or government payments: 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 IRCTC: the 8% rate applies only there, everything else earns 0.8%

Card data sourced via CardAdvisor.in (IDFC FIRST Millennia Credit Card, IRCTC SBI Card Premier), 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 IRCTC SBI Card Premier?

IDFC FIRST Millennia Credit Card. IDFC FIRST Millennia Credit Card: no annual fee; IRCTC SBI Card Premier: ₹1,499. 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%; IRCTC SBI Card Premier: 3.5%. The markup is charged on every foreign-currency transaction, before GST.

Which earns more on everyday spending?

On spends outside any bonus category: IRCTC SBI Card Premier 0.8%, 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; IRCTC SBI Card Premier: 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.

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