Which card has the lower annual fee?

IDFC FIRST Millennia Credit Card has a ₹0 annual fee (lifetime free or zero-fee tier).

Which card earns more on moderate spend?

PhonePe SBI Card PURPLE leads with an estimated ₹3,441/yr net annual value on moderate spend.

Which card has the lower income requirement?

IDFC FIRST Millennia Credit Card lists a minimum monthly income of ₹20,000.

Does this comparison pull my credit score?

No. CardHungry estimates net value from public fee and reward rules only — no bureau check.

Side-by-side · honest numbers

IDFC FIRST Millennia Credit Card vs PhonePe SBI Card PURPLE

Honest side-by-side comparison of IDFC FIRST Millennia Credit Card, PhonePe SBI Card PURPLE — annual fees, reward rates, income eligibility, and estimated net annual value on the same spend profile.

Same spend profile for all cards. How we calculate net annual value

Customize your spend

Change spend profile or swap cards — results update live below.

Spend assumptions

All cards use the same monthly spend profile. Saved spends from the quiz or a card page load automatically.

Card 1

IDFC FIRST Millennia Credit Card

IDFC FIRST Bank

Card 2

PhonePe SBI Card PURPLE

SBI Card

Your adjusted comparison

Feature	IDFC FIRST Bank Millennia 6521 2405 2300 7912 Valid thru 12/28 Acc CREDIT Card holder IDFC FIRST MILLENNIA C Customer service IDFC FIRST Bank · 1800-XXX-XXXX Authorized signature CVV••• IDFC FIRST Millennia Credit Card Top reward: 3X reward points Annual fee: Lifetime Free Min income: ₹20,000/mo Property of IDFC FIRST Bank. If found, return to nearest branch. Not valid unless signed. Tap to flip back IDFC FIRST Millennia Credit Card IDFC FIRST Bank	SBI Card PhonePe PURPLE 6521 1041 3255 9156 Valid thru 12/28 Acc CREDIT Card holder PHONEPE SBI CARD PURPL Customer service SBI Card · 1800-XXX-XXXX Authorized signature CVV••• PhonePe SBI Card PURPLE Top reward: 3% Annual fee: ₹499 Min income: ₹25,000/mo Property of SBI Card. If found, return to nearest branch. Not valid unless signed. Tap to flip back PhonePe SBI Card PURPLE SBI Card
Fees & eligibility
Annual fee	Lifetime free	₹499
Fee waiver threshold	Lifetime free	Waived at ₹1,00,000/yr spend
Min income	₹20,000/mo	₹25,000/mo
Secured / FD-backed	Standard	Standard
Rewards
Net annual value (moderate)	₹2,110/yr	₹3,441/yr
Online shopping	—	₹8,000 × 2% = ₹160/mo (₹1,920/yr) · issuer max ₹750/mo
Dining & delivery	₹3,500 → 233 pts/mo × ₹0.25/pt = ₹58.33/mo (₹700/yr)	—
Travel	₹3,000 → 200 pts/mo × ₹0.25/pt = ₹50/mo (₹600/yr)	—
Utilities & bills	—	₹1,225 × 3% = ₹36.75/mo (₹441/yr) · issuer max ₹750/mo
Top reward rate	3X reward points	3%
Primary reward cap	No monthly cap published	₹750 rewards/mo cap
Perks & restrictions
Lounge access	4 complimentary railway lounge visits per quarter · Railway lounge gated on ₹20,000 spend in the previous calendar month (from Feb 2025)	None
UPI rewards	Earns: Reward points on eligible spends (3X base, 10X on dining/travel) · cap Points credited per IDFC FIRST reward terms	Earns: 3% on PhonePe app spends (1% base on other UPI apps) · cap 250 pts/mo insurance + 750 pts/mo other PhonePe spends
Key exclusions	EMI · Rent	Fuel · Wallet top-ups · Rent · EMI · Cash advance
Bonuses
Signup bonus	—	₹500

Stack mode (hold both)

Cap-aware split: ~₹4,960/yr combined NAV (₹1,519 vs best solo). Both annual fees apply.

IDFC FIRST Millennia Credit Card details →PhonePe SBI Card PURPLE details →

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Reference summary

At a glance (moderate spend)

Quick verdict: On moderate spend, PhonePe SBI Card PURPLE leads IDFC FIRST Millennia Credit Card by about ₹1,331/yr in estimated net value.

Spend assumptions for this table

Moderate user spend profile · ₹31,000/mo

₹31,000/month total spend — typical India user

Online ₹8,000 · Groceries ₹5,000 · Other ₹4,000 · Dining ₹3,500 · Bills ₹3,500

IDFC FIRST Millennia Credit Card vs PhonePe SBI Card PURPLE comparison table
Feature	IDFC FIRST Millennia Credit Card IDFC FIRST Bank	PhonePe SBI Card PURPLE SBI Card
Fees & eligibility
Annual fee	Lifetime free	₹499
Fee waiver threshold	Lifetime free	Waived at ₹1,00,000/yr spend
Min income	₹20,000/mo	₹25,000/mo
Secured / FD-backed	Standard	Standard
Rewards
Net annual value (moderate)	₹2,110/yr	₹3,441/yr
Online shopping	—	₹8,000 × 2% = ₹160/mo (₹1,920/yr) · issuer max ₹750/mo
Dining & delivery	₹3,500 → 233 pts/mo × ₹0.25/pt = ₹58.33/mo (₹700/yr)	—
Travel	₹3,000 → 200 pts/mo × ₹0.25/pt = ₹50/mo (₹600/yr)	—
Utilities & bills	—	₹1,225 × 3% = ₹36.75/mo (₹441/yr) · issuer max ₹750/mo
Top reward rate	3X reward points	3%
Primary reward cap	No monthly cap published	₹750 rewards/mo cap
Perks & restrictions
Lounge access	4 complimentary railway lounge visits per quarter · Railway lounge gated on ₹20,000 spend in the previous calendar month (from Feb 2025)	None
UPI rewards	Earns: Reward points on eligible spends (3X base, 10X on dining/travel) · cap Points credited per IDFC FIRST reward terms	Earns: 3% on PhonePe app spends (1% base on other UPI apps) · cap 250 pts/mo insurance + 750 pts/mo other PhonePe spends
Key exclusions	EMI · Rent	Fuel · Wallet top-ups · Rent · EMI · Cash advance
Bonuses
Signup bonus	—	₹500

Frequently asked questions

Which card has the lower annual fee?: IDFC FIRST Millennia Credit Card has a ₹0 annual fee (lifetime free or zero-fee tier).
Which card earns more on moderate spend?: PhonePe SBI Card PURPLE leads with an estimated ₹3,441/yr net annual value on moderate spend.
Which card has the lower income requirement?: IDFC FIRST Millennia Credit Card lists a minimum monthly income of ₹20,000.
Does this comparison pull my credit score?: No. CardHungry estimates net value from public fee and reward rules only — no bureau check.

Customize your spend

Spend assumptions

Your adjusted comparison

At a glance (moderate spend)

Frequently asked questions

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