IDFC FIRST Classic Credit Card Review

IDFC First Classic Credit Card is an exceptionally super rewarding credit card offering great discounts and low-interest rates to its users. The card offers several other benefits to its users. To know more about this lifetime free credit card, read below:

Read more about IDFC FIRST Classic Credit Card

Enjoy Unlimited Reward Points

The IDFC FIRST Classic Credit Card comes with reward points that never expire. This means you won’t have to worry about losing any of your unused reward points. With the IDFC FIRST Classic Credit Card, you earn 10X reward points on purchases of more than Rs. 20,000 and on purchases made on your birthday. In addition to this, the card offers 6X & 3X reward points on online and in-store purchases up to Rs 20,000  respectively.  The reward points collected can be redeemed whenever you want and used further to pay for online or in-store purchases.  Even though the value of the reward points is lower, this card offers a better rewards rate as compared to credit cards such as Yes Bank Prosperity Reward Plus and Axis Bank ACE. 

1 reward point = Rs. 0.25

1X = 1 Reward point per Rs. 100 spent

Relax with Railway Lounge Access

If you travel frequently by railway, this may be a very good credit card for you. The IDFC FIRST Classic credit card provides 4 complimentary railway lounge visits every quarter, making domestic travel more comfortable. The card is not particularly useful for those who go by air and wish to use airport lounges.

Stay Entertained

The IDFC FIRST Classic credit card offers a 25% discount (up to Rs. 100) on movie tickets, once a month. However,  SBI Simply Click and IDFC First Wealth Visa Infinite provide far better movie benefits and discounts. If you enjoy watching movies, this card may not meet your expectations.

Dine at your Favorite Restaurants

With this credit card, you can enjoy more than 50 in-App discounts and up to 20% discounts on more than 1,500 restaurants. If you are a foodie and love to dine out, this could be a good choice for you. 

Suggested Read: Best Zero Annual Fee Credit Cards in India

Limitations of IDFC FIRST Classic Credit Card

The IDFC FIRST Classic Credit Card is a lifetime free credit card, offering it an advantage over many other credit cards. Some of the major limitations of having IDFC FIRST Classic Credit Card are that the interest-free cash withdrawal feature is only accessible for 48 days and the welcome voucher of Rs. 500 is available only on spending Rs. 15,000 within 90 days of card activation. Also, this card does not offer any exclusive travel or entertainment benefits. This card is a good option for people who are new to credit and spend moderate amounts on credit cards. 

Other Benefits of IDFC FIRST Classic Credit Card

• 1%  (up to Rs. 200) fuel surcharge waiver at all fuel stations across India.
• Personal accident cover of Rs. 2,00,000 
• Lost card liability cover of Rs. 25,000

Should you get IDFC FIRST Classic Credit Card?

You should go for an IDFC FIRST Classic Credit Card if you:

• Wish to avail unlimited rewards on all spends
• Like to watch movies in theatres 
• Enjoy Dining at restaurants
• Wish for complimentary railway lounge access

Bottomline

A free credit card for life with unlimited reward points and access to railway lounges, IDFC FIRST Credit Card is a good option for people who are new to credit and do not spend a lot via their credit cards.  However, if you already own a credit card, it would be advisable to opt for other credit cards in the same segment.