IDFC FIRST Bank offers credit cards with benefits around multiple categories such as lifestyle, rewards, travel etc. Most IDFC Cards are lifetime free, feature lower interest rates and offer incremental rewards with no expiry. Besides, there is a card for everyone- for beginners looking for a low-maintenance credit card with relaxed eligibility, cards for specific benefits on travel, fuel, shopping, etc, and an invite-only card for premium segment. Amongst these, you must choose a card that best fits your spending patterns and income eligibility. Read on to know more about IDFC FIRST Credit Cards, their features, fees and charges.
Check Pre-Approved Credit Card Offers
Check Now Check Pre-Approved OffersIDFC FIRST Credit Card, is popularly known for offering lifetime free credit cards, with incremental reward structure. Besides, based on the card type you can also get benefits on travel, dining, entertainment and more. Here are some top IDFC FIRST Bank Credit Cards:
Best suited for : Rewards and Shopping
Income Eligibility: ₹ 25,000/- month
Joining Fee: Nil
Annual Fee: Nil
Best suited for : Rewards and Shopping
Income Eligibility: ₹ 25,000/- month
Joining Fee: Nil
Annual Fee: Nil
Best suited for : Rewards and Travel
Income Eligibility: ₹ 1,00,000/- month
Joining Fee: Nil
Annual Fee: Nil
Best suited for : Rewards & Travel
Income Eligibility: ₹ 3,00,000/- month
Joining Fee: Nil
Annual Fee: Nil
Below mentioned are some other credit cards by IDFC FIRST Bank, that are not lifetime free, but offer great benefits.
| Annual Fee | Key Feature | |
|---|---|---|
| IDFC FIRST Power Credit Card | ₹ 199 | Up to 5% Fuel Savings |
| IDFC FIRST Power+ Credit Card | ₹ 499 | Up to 6.5% Fuel Savings |
| Club Vistara IDFC FIRST Credit Card | ₹ 4,999 | Up to 10 CV points on every Rs. 200 |
| IDFC FIRST Private Credit Card | ₹ 50,000 | Zero forex markup fee |
Each IDFC Bank Credit Card is designed to offer you different benefits, here, however, we have listed some general benefits on these cards:
Lifetime Free: IDFC FIRST Bank offers four credit cards, free for lifetime, thereby you pay no joining and annual fees. Top lifetime-free IDFC FIRST Credit Cards are IDFC FIRST Wealth, IDFC FIRST Select, IDFC FIRST Millennia and IDFC First Classic. Amongst these, Millennia and Classic are a good fit for beginners, looking for a low-maintenance card, as they come with easier eligibility criteria with income requirement as low as Rs. 25,000 per month.
All-round Benefits: While most IDFC cards offer inclined benefits around selected categories, you also get basic benefits around fuel, dining, insurance covers, and travel. For instance, IDFC FIRST HPCL Power+ Credit Card offers accelerated rewards on fuel, but you also get other benefits such as cashback on EMI transaction, discount on ZoomCar, 5% savings on FASTag recharges, utility & grocery spends, among other benefits.
Reward Points: Each IDFC Credit Card offers rewards on online and in-store transactions, across multiple categories, including shopping, traveling, dining and more. Besides, you also get to earn incremental rewards on varying spend values. For instance, IDFC Wealth offers 10X rewards on spends above Rs. 30,000, and IDFC Select offers 10X rewards on all spends above Rs. 25,000. Besides, some cards also offer accelerated rewards on birthday spends. The rewards rate offered on cards varies from one card to another. You can redeem these reward points against your online and in-store purchases.
Welcome Benefits: All IDFC Credit Cards offer joining or card activation benefits. While some cards offer benefits worth the joining fee and justify it, others offer activation benefits even at Nil joining fee. The card activation or welcome benefits may range from free e-vouchers of top brands and additional cashback on your first EMI spend to cashback on fuel spends and premium economy ticket vouchers.
Lower Fees & Charges In comparison to other credit cards, IDFC Credit Cards come with lower fees & charges. The interest rate on these cards range from 9 to 42% per annum. The card also offers lower interest rate on EMI spends, cash withdrawals, and balance transfers. Besides, some cards also come with a lower forex markup fee of as low as 1.5%.
The fees and charges associated with IDFC FIRST Credit Cards is as follows:
| Fee Type | Amount | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Joining Fee | Nil | ||||||||
| Finance Charges | 0.75% to 3.5% p.m. | 9% to 42% p.a. | ||||||||
| Late Payment Charges | 15% of the total amount due (subject to a minimum of Rs.100 and a maximum of Rs. 1,250) | ||||||||
| Foreign currency (Mark Up) |
|
Please refer to the terms and conditions for card variants separately. For other fees & charges, terms and conditions related to IDFC FIRST Credit Cards, click here.
To be eligible for an IDFC FIRST Credit Card, you must meet the basic eligibility criteria set by the bank as shown below:
Applicant must be 21 years or above to apply for IDFC FIRST Credit Cards
To apply for IDFC FIRST Credit Cards you must be a salaried individual
Currently, IDFC FIRST Bank is not a Paisabazaar partner so you cannot apply for IDFC FIRST cards directly via Paisabazaar. However, you may follow the steps given below to find out the best credit cards from other issuers:
Enter your mobile number to start with the application process.
Enter the OTP received on your mobile number to check the pre-approved credit card offers.
Choose the best credit card from the given options that suits your requirements.
Apply for the suitable credit card and provide documents for further processing of the application.
Along with unique features and benefits, you can also avail additional offers with your IDFC First Bank Credit Card. Below-mentioned are some of the top IDFC Credit Card Offers for Visa credit cardholders:
Currently, four IDFC FIRST Credit Cards are lifetime free. These are IDFC FIRST Classic, IDFC FIRST Millennia, IDFC FIRST Select and IDFC FIRST Wealth.
Yes, customers can avail airport lounge access facility with their IDFC FIRST Select and Wealth Credit Cards. IDFC FIRST Select credit card offers 4 complimentary domestic airport lounge visits while IDFC FIRST Wealth Credit Card offers 4 complimentary national and international airport lounge visits per quarter. These two cards can be a very suitable option for people travelling regularly, wherein Select is a suitable option for domestic travelers, and Wealth is a good choice for international travelers.
As per the current income eligibility set by the bank,you are eligible for two IDFC FIRST Credit Cards at a salary of Rs. 25,000 per month, namely IDFC FIRST Millenia and IDFC FIRST Classic. However, the bank may take other factors such as your credit score and credit history into consideration before approving your credit card application.
Yes, all IDFC FIRST Credit cards offer 1% fuel surcahrge waiver to their customers. IDFC FIRST Millennia and Classic credit cards offer waiver up to Rs. 200 per satement cycle. IDFC FIRST Select credit card offers waiver up to Rs. 300 per statement cycle and IDFC FIRST Wealth Credit Card offers a fuel surcharge waiver of up to Rs. 400 per statement cycle.
You can instantly use your rewards points to pay for online purchases or in-store purchases by selecting the 'pay with points' option. You may also use your reward points to get great deals at idfcfirstrewards.poshvine.com.
Once the bank approves your credit card application, it may take up to 14-20 working days for the credit card to reach your registered address.
In case of theft or loss of your credit card, you must contact the IDFC FIRST Bank customer care and report it immediately. The representative will block your credit card to save you from any kind of fraud.
You can block your credit card through online and offline modes. To block your card online, you can log in to the net banking portal or mobile app using your credentials. You can also send an SMS; CCBLOCK (Last 4 digits of Credit Card number) to 5676732, to block your card. Besides this, you can contact customer care of the bank and ask the representative to block your card. The representative will ask a few questions for confirmation and process your request.
Your statement will be sent to your registered email address as soon as it is created. The statement will include information about all of your credit and debit transactions for the billing cycle, as well as a breakdown of your reward points, as well as information about your due date, total amount due, and minimum amount due for the particular billing cycle. You can also use the bank's credit card application to view your Credit Card statement.
You can check your IDFC FIRST Bank credit card application status by tracking your credit card application online. To track the application you will need details such as your date of birth and mobile number or your application number.
The credit card limit offered on IDFC FIRST credit card is decided by the bank after scrutinizing your application form. The bank decides your credit limit based on your income, credit score, repayment history and more. Therefore, you will get to know about your credit limit only after applying for the credit card.
In order to use your credit card, you are required to activate it by setting the PIN. You can generate the PIN by logging in to the mobile app. All you need to do is click on the ‘Set PIN’ option under the ‘ Manage Card’ section. Apart from this, you can also contact customer care of the bank and follow the instructions given by the IVR to activate your card.
Yes, if you have blocked your credit card, then you can unblock it through mobile banking, net banking or contacting customer care of the bank. However, it is advisable to block your card if you have lost it to protect yourself from any fraud.
