Key Features of IDFC FIRST Credit Cards
The IDFC FIRST Bank offers four credit cards which come under the categories of Lifestyle and Rewards. Along with a comprehensive rewards program, these cards also offer benefits such as fuel surcharge waiver, railway lounge access, discounts on movie tickets, and discounts on dining at partner restaurants.
IDFC FIRST Rewards Credit Cards
IDFC FIRST Millenia Credit Card
- 10x reward points on all spends above Rs.20,000.
- 6x reward points on online spends.
- 25% discount on movie tickets per month.
- Personal Accident Cover of Rs.2 lakh.
IDFC FIRST Classic Credit Card
- 3x reward points on offline spends.
- 10x reward points on all spends above Rs.20,000
- 25% discount on movie tickets per month.
- Fuel surcharge waiver of 1% at all fuel stations.
- Four complimentary railway lounge visits per quarter.
IDFC FIRST Lifestyle Credit Cards
IDFC FIRST Select Credit Card
- 10x reward points on birthday spends.
- Four Complimentary visits to domestic airport lounges.
- Complimentary Personal Accident Cover of Rs.2 lakh.
- A discount of up to 25% on movie tickets per month.
IDFC FIRST Wealth Credit Card
- 10x reward points on birthday spends.
- Buy one get one movie ticket offer per month.
- Complimentary rounds of golf.
- Four complimentary visits to domestic and international airport lounge visits.
IDFC First WOW Credit Card
The IDFC First WOW Credit Card is a secured credit card which comes with a lot of features and benefits. The FIRST Wow Card is a 100% lifetime free card because there are NO Joining Fees or Renewal Fees associated with the card. Given below are some of the details of the card:
- Lifetime free credit card
- Unlimited reward points with lifetime validity
- Get 4x reward points on every transaction
- 0% foreign transaction markup fee
- Get 1% waiver on fuel surcharge
- Get 20% discount at 1,500+ at restaurants
- Get 15% discount at 3,000+ on Health and Wellness outlets.
- Four complimentary roadside assistance worth Rs.1,399.
- Personal accident cover.
Fees and Charges
The following are the fees and charges of IDFC First WOW Credit Card:
- Joining Fee: Nil
- Spend based Waiver: Nil
- Renewal Fee: Nil
- Foreign Currency Markup: Rs.99 per redemption transaction
- Fuel Surcharge: 1% fuel surcharge waiver
- Interest Rates: 0/75% to 3.5% per month
- Add on Card Fee: Nil
Eligibility Criteria to Apply for IDFC FIRST WOW Credit Card
Given below are the eligibility criteria to apply for IDFC FIRST WOW Credit Card:
- Age: The applicant should be at least 18 years of age to apply for IDFC FIRST WOW Credit Card.
- Residency: He or she should be the resident of India and have permanent residential address within India.
- Fixed Deposit: The applicant should have a fixed deposit with the IDFC FIRST Bank.
IDFC First Power Plus Credit Card
IDFC First Bank has launched its first co branded credit card. The bank has launched two cards by collaborating with Hindustan Petroleum Corporation Limited. IDFC HPCL First Power Plus Credit card helps the card holders to save up to Rs.18,500 every year. Apart from this, the card helps you in availing exciting deals and offers from various brands. Some of the details of the card are given below:
- Get 25% off on movie tickets up to Rs.100 once every month and Rs.150 off on all orders above Rs.500 made at Swiggy.
- Four complimentary domestic airport lounge access.
- Provides a personal accident loan coverage of Rs.2,00,000.
- It also comes with card liability coverage of Rs.25,000 on lost cards.
- Avail 3x rewards on all retail transactions
IDFC First Bank Credit Cards Rewards
The following table highlights the reward benefits of all the IDFC First Bank credit cards:
| IDFC First Select Credit Card |
- 10x reward points on each Rs.100 spent on the birthday of the cardholders.
- 6x reward points on each Rs.100 spent on online transactions.
- 10x reward points on each Rs.100 spent on purchases worth Rs.20,000 or above.
- 3x reward points on each Rs.100 spent on offline transactions upto Rs.20,000.
- One reward point each Rs.100 spent.
|
| IDFC First Classic Credit Card |
- 10x reward points for each Rs.100 spent on purchases more than Rs.20,000.
- 10x reward points on each Rs.100 spent on the birthdays of the cardholders.
- 6x reward points on each Rs.100 spent on online transactions.
- One reward point on each Rs.100 spent.
- 3x reward points on each Rs.100 spent on offline transactions up to Rs.20,000.
|
| IDFC First Wealth Credit Card |
- 10x reward points for each Rs.100 spent on purchases done more than Rs.20,000.
- 10x reward points on each Rs.100 spent on the birthdays of the cardholders.
- 6x reward points on each Rs.100 spent on online transactions.
- One reward point on every Rs.100 spent.
- 3x reward points on each Rs.100 spent on offline transactions up to Rs.20,000.
|
| IDFC First Millennia Credit Card |
- 10x reward points on each Rs.100 spent on the birthdays of the cardholders.
- 6x reward points on each Rs.100 spent on online transactions.
- 10x reward points for each Rs.100 spent on purchases done more than Rs.20,000.
- One reward point on each Rs.100 spent.
- 3x reward points on each Rs.100 spent on offline transactions up to Rs.20,000.
|
Complimentary Lounge Access
The IDFC First Bank Credit Cards provides complimentary airport and railway lounge access. The following table mentions the information about the same:
| IDFC First Select Credit Card |
Four complimentary domestic lounge access per quarter |
Four complimentary railway lounge access per quarter |
| IDFC First Classic Credit Card |
NA |
Four complimentary railway lounge access per quarter |
| IDFC First Wealth Credit Card |
Four complimentary domestic lounge access per quarter |
Four complimentary railway lounge access per quarter |
| IDFC First Millenia Credit Card |
NA |
Four complimentary railway lounge access per quarter |
Key Benefits of IDFC FIRST Credit Cards
- Interest – free cash withdrawal: With the IDFC FIRST credit card, you can withdraw cash from an ATM and not attract any interest for up to 48 days. This will be applicable for all the credit cards by the IDFC FIRST Bank.
- Lower interest rates: IDFC FIRST Bank boasts of having among the lowest interest rates on their credit cards. Starting from 0.75% per month or 9% annually, the rate of interest can go up to 3.99% per month which is lower than many other credit cards by other banks.
- Welcome benefits: With every credit card of IDFC FIRST Bank, receive welcome benefits of a gift voucher on spending Rs.15,000 within the first 90 days of card issuance.
- Cashback benefits: 5% cashback given on your first EMI transaction with your IDFC FIRST Bank credit card done within the first 90 days of card issuance.
- Insurance benefits: Get a Personal Accident Cover of up to Rs.10 lakh with your IFDC FIRST Bank credit card and a complimentary Lost Card Liability Cover of up to Rs.50,000.
- Vehicle Benefits: IDFC FIRST credit cards come with a complimentary Road Side Assistance worth Rs.1,399.
IDFC FIRST Credit Card Fees and Charges
| Annual fee |
Nil |
| Finance charge |
0.75% - 3.99% per month |
| Joining fee |
Nil |
| Late payment charges |
15% of the total amount due (subjected to a minimum of Rs.100 and a maximum of Rs.1,000) |
| Cash advance fee |
Rs.250 |
| Over limit charges |
Nil |
| Rewards redemption fee |
Nil |
| Return of Cheque |
Rs.250 per returned cheque |
| Fee of cash payment |
Nil |
| Duplicate statement request |
Nil |
| Outstation cheque processing fee |
Nil |
| Card replacement fee |
Rs.100 |
| Chargeslip request |
Nil |
| Cheque pick-up fee |
Nil |
| Foreign currency mark-up |
1.5% - 3.5% |
| Fuel surcharge |
1% of the transaction amount (Waived up to Rs.400 per statement cycle) |
Important – It is essential to know that the fuel surcharge waiver per month will depend on the credit card you hold.
Eligibility Criteria and Documents Required for IDFC FIRST Credit Cards
| Address proof (any one) |
- Telephone bill
- Aadhaar card
- Electricity bill
- Rental agreement
- Passport
- Ration card
|
| Proof of identity (any one) |
|
| Income proof for self-employed individuals |
- Audit proof, balance sheet, or loss statement
- Business financial statements
- Latest Income Tax Returns (ITR)
|
| Income proof for salaried individuals |
- Latest salary slip
- Salary certificate
- Employment letter
|
How to Apply for IDFC FIRST Credit Cards Online
You can apply for the IDFC FIRST credit card online on BankBazaar, as well as, on the official IDFC Bank website. On BankBazaar, you can check your eligibility, upload documents, track application status, all under one website!
To apply for the IDFC FIRST Credit Card on BankBazaar, the steps to be followed are:
- Visit BankBazaar IDFC First Credit Card Section.
- Opt for a credit card which suits your spending pattern.
- Click on the tab 'Check Eligibility'.
- Fill in the required details which are required on the page.
- Once done, you will be redirected to an application page.
- Fill in all the details as required and click on 'Submit'.
- Upload the documents as mentioned on the application and click 'Submit'.
- After you have successfully provided all the required information, you will receive a message with your application ID.
You can also apply for the IDFC FIRST Credit Card through the official website of the bank. To do so, here are the steps you can follow:
- Visit the website of IDFC FIRST Bank.
- Click on the option of ‘personal banking’.
- Choose the tab called ‘Cards’.
- Click on ‘credit cards’.
- Select the option of ‘apply’ on the credit card page.
- Once done, enter your primary details.
- A representative of the bank will get in touch with you regarding the next steps to be followed.
How to Track your Application Status
You can track your application status through the BankBazaar website if you have applied on our website. The steps to be followed are:
Step 1: Visit BankBazaar.com and click on ‘Track Application’.
Step 2: Enter your application ID, mobile number, and click on ‘Track Application’.
Step 3: The screen will display the status of your application.
IDFC FIRST Credit Card Bill Payment
The credit card bill can be paid through offline or online methods. You can opt for any one of these methods to pay your bills online:
- NetBanking: You can pay your credit card bill through the netbanking facility of the bank from the website or the mobile application.
- NEFT/IMPS: If you do not have a netbanking account, you can transfer the bill amount to the bank through the NEFT (National Electronic Fund Transfer) or IMPS (Immediate Mobile Payment Service) facility.
- Cheque: Apart from these options, you can also opt to pay your credit card bills with a cheque and drop it at any branch of the IDFC FIRST Bank.
- Auto-debit facility: You can also make use of the auto-debit facility where the bill amount gets deducted from the bank account of the cardholder automatically.
- UPI: With many people using the UPI system to pay their bills, you can also use the UPI code-based interface and pay your bills.
Offline Bill Payment
- ATM: You can use the IDFC FIRST Bank ATMs to deposit your bill amount with your card.
- Bank branch: Apart from this, you can also visit any branch of the IDFC FIRST Bank and deposit your bill amount.
FAQs on IDFC FIRST Credit Card
- Are all IDFC FIRST Credit Cards free?
Yes, all the IDFC FIRST credit cards are lifetime free and do not have any annual fee or a joining fee.
- Is there a minimum salary required for the IDFC FIRST Credit Card?
No, there is no minimum salary required to get a credit card from IDFC FIRST Bank.
- Can I use the IDFC FIRST Credit Card to make cash withdrawals?
Yes, with the cash withdrawal facility of the credit card, you can make cash withdrawals. However, these withdrawals may attract additional charges such as a transaction fee along with added interest of up to 3.99%.
- How many days does it take to get the IDFC FIRST Credit Card?
After your application is accepted by the bank, it can take up to 14 working days for the credit card to reach your registered address.
- What can I do if my credit card is stolen?
In case of theft or loss of your credit card, you must contact the IDFC FIRST Bank credit card customer care and report it. By doing so, the bank will block your card and within a period of time, dispatch a new card to your address.
