For how long are LIC IDFC credit card reward points valid?

The LIC IDFC credit card reward points are valid for a period of three years.

What should I do if my LIC IDFC credit card is lost?

If you have lost your credit card , you need to contact customer care and get your get blocked as soon as possible.

Can I apply for LIC IDFC credit card even if I do not have a LIC policy?

Yes, you can apply for LIC IDFC credit card even if you do not have a LIC policy.

Can I withdraw cash from ATM using LIC IDFC credit card?

Yes, you can withdraw cash from ATM using LIC IDFC credit card.

IDFC LIC Select Credit Card

IDFC FIRST Bank has partnered with Life Insurance Corporation (LIC) of India to launch two co-branded credit cards, the LIC Select credit card and the LIC Classic credit card. These cards offer rewards on selected categories, free lounge access, EMI spend cashback, travel savings, online brands discounts, etc. Both cards come without any joining or annual fees and offer benefits on categories such as groceries, utility bills, education, etc. These cards are an attractive option for everyday expenses. Keep reading to learn more about these co-branded credit cards.

Looking for your first credit card? Apply here!

Features and Benefits of LIC Select Credit Card

Reward points	Earn 10 times reward points on payment of LIC premiums Earn five times reward points utility, grocery, railway payments, education and government payments up to Rs.600 every month Earn five times reward points on all other spends
Lounge Access Benefits	Earn one complimentary domestic airport lounge access every quarter on spending Rs. 5,000 every month. Earn four complimentary railway lounge access every quarter.
Insurance Benefits	Get personal accident cover worth Rs. 5 lakh Get lost card liability cover worth Rs.50,000 valid on doing minimum one transaction in last 30 days Get complimentary roadside assistance of value Rs.1,399 Get purchase protection cover and credit shield cover of worth Rs.25,000 Get air accident cover worth Rs.1 crore
Milestone benefits	Avail yourself of 2,000 reward points on transaction worth Rs.10,000 within the first 30 days of card activation
Fuel surcharge waiver	Get a 1% fuel surcharge waived off on spending between Rs. 200 and Rs. 500 across all fuel stations. Note: The upper limit for waive off is Rs.300 every month
Other Benefits	Avail yourself of 5% cash back on your first EMI transaction (up to Rs.1,000) within the first 30 days of card activation. Earn a discount of Rs.500 on flight booking through Yatra Earn a discount of Rs.500 on buying products worth Rs.899 and above from MYGLAMM Get free membership of PharmEasy Plus woth Rs.399 for 6 months Get a one-year free Lenskart Gold Membership of worth Rs.500

Looking for your first credit card? Apply here!

Fees and charges for the LIC Select Credit Card

The fees and charges for the LIC Select Credit Card:

Fee	Amount
Joining Fee	Nil
Annual Fee	Nil
Add-on card fee	Nil
Finance Charges	0.75% to 3.5% per month (9% to 42% per annum)
Late Payment Charges	For Statement Balance: Less than Rs. 100: Nil Up to Rs. 500: Rs. 100 Up to Rs. 5,000: Rs. 750 Up to Rs. 8,000: Rs. 1,200 Up to Rs. 10,000: Rs. 1,250 More than Rs. 10,000: Rs. 1,250
Reward redemption fee	Rs.99 for every redemption transaction
EMI processing fee	1% of transaction value (minimum Rs.99)
Cash advance transaction fee	Rs.199
Cash processing fee	Nil
Over-limit charges	2.5% of the over limit amount

Looking for your first credit card? Apply here!

FAQs on IDFC LIC Select Credit Card

For how long are LIC IDFC credit card reward points valid?
The LIC IDFC credit card reward points are valid for a period of three years.
What should I do if my LIC IDFC credit card is lost?
If you have lost your credit card, you need to contact customer care and get your get blocked as soon as possible.
Can I apply for LIC IDFC credit card even if I do not have a LIC policy?
Yes, you can apply for LIC IDFC credit card even if you do not have a LIC policy.
Can I withdraw cash from ATM using LIC IDFC credit card?
Yes, you can withdraw cash from ATM using LIC IDFC credit card.

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