Share

IDFC FIRST Millennia vs Kotak Air 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 Kotak Air Credit Card compared
FeatureIDFC FIRST Millennia Credit CardIDFC FIRST Millennia Credit CardIDFC First Bank7 recent changes →
Kotak Air Credit CardKotak Air Credit CardKotak Mahindra Bank1 recent change →
Rewards by spend
Rewards0.38% base, up to 1.25% on dining1% on most spends; 3% only at partner merchants
UPI payments (scan and pay)sameEarns nothingEarns nothing
Online shopping0.38%1%
Dining and food delivery1.25%1%
Groceries0.38%1%
Travel: flights, hotels, trains1.25%1%; 3% only at Kotak Unbox, flights & hotels
FuelsameEarns nothingEarns nothing
Bills and recharges0.13%Earns nothing
Rent0.38%Earns nothing
Insurance premiums0.38%Earns nothing
School and college fees0.38%Earns nothing
Wallet top-ups0.38%Earns nothing
Taxes and government paymentsNot statedEarns nothing
Spend abroad or in a foreign currencyEarns nothing1%
Everything else0.38%1%
Card identity
Card typeDiningTravel
NetworksameVisaVisa
Card tierEntryMid
Fees
Joining feeFree₹999 + GST
Annual feeFree₹999 + GST
Lifetime freeYesNo
Fee waived at-₹2,50,000
Eligibility
Min age-18 years
Employment typesameBOTHBOTH
Min monthly salary₹25,000-
Rewards
Reward typeReward pointsAir miles
Point value₹0₹1
Fuel surcharge
Fuel surcharge waiversameYesYes
Fuel waiver cap-₹3,500
Lounge access
Domestic lounge visits04
International lounge visitssame00
Railway lounge visits16-
Lounge conditionSpend Rs 20,000 in the previous month for lounge accessSpend Rs 60,000 in the previous quarter for domestic lounge access
Forex and international
Forex markupNone3.5%
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
Kotak Air Credit Card
Rewards a year
₹2,400
Fee a year
- ₹1,179
You keep
₹1,221

At this spend, IDFC FIRST Millennia Credit Card comes out ₹219 a year ahead of Kotak Air 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
Kotak Air Credit Card
  • Occasional domestic flyers
  • Kotak Unbox bookers
  • Travellers on a modest budget

Watch-Outs

IDFC FIRST Millennia Credit Card
  • Base earning is only about 0.38%
  • Low earning on utility bills
  • No airport lounge access
Kotak Air Credit Card
  • Lounge visits need Rs 60,000 spend in the previous quarter
  • Travel bonus only through Kotak Unbox, with a monthly cap
  • 3.5% forex markup
  • No international lounge access

Card data sourced via CardAdvisor.in (IDFC FIRST Millennia Credit Card, Kotak Air 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 Kotak Air Credit Card?

IDFC FIRST Millennia Credit Card. IDFC FIRST Millennia Credit Card: no annual fee; Kotak Air Credit Card: ₹999. 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%; Kotak Air Credit Card: 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: Kotak Air Credit Card 1%, 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; Kotak Air Credit Card: 4 domestic lounge visits a year. 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