IDFC FIRST Credit Card Against FD

Given below are the major features and benefits of popular IDFC FIRST Bank Credit Cards against FD, along with their annual fee and minimum FD amount required:  

IDFC FIRST Hello Cashback Credit Card

This IDFC FIRST credit card offers direct cashback on the card spends, including UPI transactions, thus eliminating the hassle of reward redemption. It is suitable for those who frequently shop online and further maximise their travel savings by making their travel bookings on IDFC FIRST Bank app as both these categories come with accelerated value-back. It also offers a credit limit worth 100% of the FD amount with an option to extend it by linking an additional FD of Rs. 5,000 and above.

Joining Fee: Rs. 1,000 + taxes (Nil via introductory offer)
Annual Fee: Rs. 1,000 + taxes
Minimum FD Amount: Rs. 10,000

Key Features:

• 5% cashback on incremental monthly online spends above Rs. 10,000
• 3% cashback on monthly online spends of up to Rs. 10,000
• 1% cashback on UPI spends on IDFC FIRST app, offline and essential spends
• Additional 1% cashback on flights and hotels booked on IDFC FIRST app
• 50% annual fee reversal on annual spends between Rs. 1 lakh and Rs. 2 lakh
• 100% annual fee reversal on min. Rs. 2 lakh annual spends

IDFC FIRST WOW! Black Dual Credit Card

This IDFC FIRST Credit Card against FD offers dual network benefits of Mastercard and a  complimentary virtual RuPay card. It comes with reward points earnings across spends with additional rewards and higher reward redemption value on travel bookings on IDFC FIRST Bank app. The focus on travel benefits is also further led by features like zero forex mark-up and complimentary airport lounge access, making it a good choice for frequent travellers. Welcome benefits that far exceed the joining fee amount also add to the card’s value-back potential.

Joining Fee: Rs. 750 + taxes
Annual Fee: Rs. 750 + taxes
Minimum FD Amount: Rs. 20,000

Key Features:

• Up to 50 bonus rewards per Rs. 150 spent on travel bookings via IDFC FIRST app
• 3X rewards on UPI spends above Rs. 2,000 and 4X rewards on other spends
• 1 reward point per Rs. 150 spent on UPI spends below Rs. 2,000, insurance and utility
• 25% off on movie tickets, up to Rs. 100, on District, once per month
• Zero forex mark-up fee and fee waiver on Rs. 1.5 lakh annual spends
• 4 free domestic airport lounge visits per year on min. Rs. 20,000 monthly spends
• Rs. 500 off on the 1st travel booking via IDFC FIRST app, on a min. spend of Rs. 5,000
• 3 months EazyDiner Prime and 1 year Lenskart Gold Max membership on joining
• Up to 5% back on the 1st EMI transaction in the first month of card generation
• Up to Rs. 700 off on domestic flight, Rs. 800 off on hotel and Rs. 100 off on bus bookings on MakeMyTrip as joining benefit

IDFC FIRST EA₹N Credit Card

This is a low annual fee IDFC FIRST credit card against FD that offers cashback on card spends, along with movie discount. Those who wish to get a secured RuPay credit card with direct cashback benefits across their spends with minimal charges and a low spending condition for annual fee waiver can consider this option.

Joining Fee: Nil
Annual Fee: Rs. 499 + taxes
Minimum FD Amount: Rs. 5,000

Key Features:

• 1% cashback on UPI spends via IDFC FIRST app
• 0.5% cashback on spends via third-party UPI platforms, utility, insurance and wallet loads
• Up to 8% bonus cashback on travel via ‘Travel and Shop’ section on IDFC FIRST app
• 25% off, up to Rs. 100, on movies on District app, once per month
• Annual fee waived off on Rs. 1 lakh annual spends
• 10% cashback, up to Rs. 250, on the 1st spend made within 15 days of card generation
• 5% cashback, up to Rs. 1,000, on transaction value of the 1st EMI in the first month

IDFC FIRST WOW! Credit Card

This is a lifetime free IDFC FIRST credit card against FD with reward benefits across spends. In addition to its reward program, it also comes with zero forex mark-up on international transactions. This makes it a decent option for those who want a rewards card with minimal cost and those who frequently make international purchases.

Joining Fee: Nil
Annual Fee: Nil
Minimum FD Amount: Rs. 20,000

Key Features:

• 4X rewards on online, offline and international spends
• 1 reward point per Rs. 200 spent, including insurance, FASTag recharge, railway and utility spends
• Zero forex mark- up fee
• Exclusive discounts across 1,500+ retailers and restaurants

To be eligible for an IDFC FIRST Bank Credit Card against FD, you need to satisfy the following eligibility criteria:

• Age: 18 to 80 years
• Nationality: Indian citizen with a current or permanent residential address
• Fixed Deposit: FD with IDFC FIRST Bank worth a certain minimum amount based on the card variant

IDFC FIRST Credit Cards against FD are a good option for those who are either beginning their credit journey or wish to build their credit score, while getting decent value-back on their spends. Given below are some of the highlights of why you should opt for these cards to get credit access and benefits with ease:

• No credit score requirement and offered against FD amount
• Interest earnings on FD amount in addition to rewards/cashback on card spends
• Easy application approval process without any documentation
• Help in building your credit score
• Credit limit worth minimum 100% of the FD amount
• Cash withdrawal worth up to 100% of FD value with up to 45 interest-free days