| IDFC FIRST Wealth Visa Infinite Credit Card Rating |
| Rewards ★★★ Annual Fee ★★★★★ Movie Tickets ★★★ Offers & Discounts ★★ |
| Overall Rating ★★★ |
IDFC FIRST Wealth Visa Infinite Credit Card is one of its kind and offers unmatched benefits to its users. This lifetime free credit card provides you with evergreen reward points and exclusive lifestyle plus travel benefits. To know more about the IDFC FIRST Wealth Credit Card, read below:
IDFC FIRST Wealth Visa Infinite Card at a Glance | |
| Annual Fee | Nil |
| Best Suited For | Unlimited Reward Points, Travel privileges, Entertainment benefit |
| Minimum Income | Rs. 25,000 per month |
| Reward Rate | 1% (1 point per Rs. 100) 1 RP= Rs. 0.25 |
Read more about IDFC FIRST Wealth Visa Infinite Credit Card
Key Highlights of IDFC FIRST Wealth Visa Infinite Credit Card
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Enjoy Unlimited Reward Points
IDFC FIRST Wealth Credit Card offers reward points that never expire. This means that you do not need to worry about losing your unused reward points. You can redeem your reward points whenever you like and also use them to instantly pay for online or in-store purchases. Even though the value of reward points is less, the evergreen reward points are better as compared to benefits offered by Yes Bank Prosperity Reward Plus and Axis Bank ACE credit cards.
With IDFC Wealth Credit Card you get, 10X reward points on spending more than Rs. 20,000 per month and on spends done on your birthdays. Also, the card offers 6X & 3X reward points on online and in-store purchases on spending more than Rs. 20,000 every month.
1 reward point = Rs. 0.25
1X = 1 Reward point per Rs. 100 spent
Relax with National and International Lounge Access
Your IDFC Wealth Credit Card offers you access to 4 International/Domestic Airport lounges and spas per calendar year. All you need to do is swipe the card at the airport lounges and avail the benefits. A Rs 2 charge will be applicable to check the validity of your credit card. The card offers complimentary entry for children below 2 years at the discretion of the participating lounges. However, the lounge access is only applicable for the primary cardholder.
In order to avail of international lounge access, you will need to present your DreamFolks Privilege Card to the lounge counter agent. If you are a frequent traveller this may be a good option for you, the lounge access offered by IDFC is better than what is being offered by credit cards such as HSBC VISA Platinum (2 complimentary lounge access (domestic and international)) and Axis Bank ACE (4 complimentary visits per calendar year only for domestic airports).
Stop Worrying About the International Purchases
With your IDFC FIRST Wealth Credit Card, you get a low forex mark-up of just 1.5%. This is an added advantage for people who travel and shop internationally. IDFC’s low forex mark-up fee is comparable to what is offered by super-premium cards such as Axis Reserve and Axis Burgundy.
How does Foreign Currency Markup work?
Consider this, if you purchased an item worth 2000 USD and the exchange rate is 1 USD = INR 70. In this case, the payable amount in INR will be Rs. 14,000. Now if the foreign exchange mark-up fee is 3.5%, the additional amount you have to pay will be Rs. 490 (3.5% of 14,000) and GST at 18% will also be applicable on the fee amount.
Now if the markup fee is reduced to 1.5%, it would be just Rs. 210 plus the 18% GST that you would have to pay. So, if you travel internationally on a regular basis, this card could help you save a lot of money on your international transactions.
Stay Entertained
IDFC FIRST Wealth Credit Card comes with a host of entertainment benefits. With this card, you can enjoy buy one, get one offer on movie tickets via Paytm mobile app. The maximum value on which the offer is applicable is Rs. 500. The offer is valid twice a month. The movie offer is comparable to what is offered by cards such as SBI Simply Click, SBI Elite and ICICI Expressions Credit Card. But given that all these cards have come with a joining and annual fee. IDFC FIRST Wealth Credit card seems to be the best option for movie lovers.
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 1500 restaurants. If you are a foodie and love to dine out, this could be a good choice for you.
Enjoy Complimentary Golf Rounds
IDFC FIRST Wealth credit card offers 2 complimentary golf rounds per month i.e. 24 rounds in a year. Golf benefits offered by this card are equivalent to the ones offered by HDFC Diners Club Black. Since the card comes with zero annual fees the golf benefits can be considered as one of the best features offered by this card. However, if you are a golf fan and would like to play at both national and international golf courses HDFC Infinia can be your best option.
Limitations of IDFC FIRST Wealth Credit Card
IDFC FIRST Wealth is a lifetime free credit card, its zero annual and joining fee give it an edge over many other premium credit cards. However, the only downside of having this card is that the interest-free cash withdrawal facility is available for 48 days only and you get a welcome voucher only if you spend Rs. 15,000 within 90 days of card activation. Apart from these, the card offers a decent reward rate and facility for a premium credit card.
Should you get IDFC Wealth Credit Card?
You should go for an IDFC FIRST Wealth Credit Card if you:
- Wish to avail unlimited rewards on all spends
- Like to watch movies in theatres
- Enjoy Dining at restaurants
- Like to play Golf
- Wish for complimentary domestic and international airport lounge access
Bottomline
A free credit card for life that offers unlimited reward points, domestic and international airport lounge access, complimentary golf rounds, and spa access! IDFC FIRST Wealth Visa Infinite credit card is a wonderful choice if you are looking for a credit card that offers maximum benefits.
