Should you opt for millennial-specific cards?
Cards targeting millennials are often enticing due to attractive offers and cashbacks they provide but evaluate carefully if they make sense for you
Evaluate how much you’d have to spend in order to avail the offers; stay away if it pushes you into spending more
In August this year, HDFC Bank launched the Millennia cards targeting the country’s millennials. The bank offers a prepaid card, a debit card, a credit card and an EMI card as part of its Millennia range. “I am confident that this unique range of cards will allow us to meet the youth’s evolving needs," said Parag Rao, country head-payments business and marketing, HDFC Bank.