What is the applicable interest rate on the HDFC Millennia Credit Card if I don’t pay my outstanding balance in full? How is the monthly and annual interest calculated, and are there any conditions or grace periods before the interest starts accruing?
The HDFC Millennia Credit Card charges an interest rate of 3.75% per month (or 45% per annum) on outstanding balances.
Cash Advance Interest: 3.75% per month from the transaction date.
Interest-Free Period: Up to 50 days if the full bill is paid on time.
Avoid Interest: Pay the total outstanding amount by the due date.
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