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1st Year Fee: ₹ 0
Cashback Benefit
1% cashback on UPI scan & pay transactions
Travel Benefits
1% bonus cashback on travel bookings
Online Shopping
Up to 2% cashback on online spends
Author: Samridhi Srivastava
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IDFC FIRST Quantum+ Credit Card is a secured card backed by an FD amount of Rs. 10,000, designed for individuals looking to build or improve their credit history. This lifetime free credit card offers up to 2% cashback on online spends and 1% cashback on UPI scan & pay transactions via IDFC FIRST Bank mobile app.
In addition to this, the card also offers 1% bonus cashback on travel bookings through IDFC FIRST Bank mobile app and 0.5% cashback on usually excluded categories, such as utility, rent, insurance and more. Overall, this credit card is a suitable option for new-to-credit consumers who are looking for a basic cashback credit card.
Note: This Card is not available on Paisabazaar.com. The content on this page is for information only. To express interest in this card, please visit IDFC FIRST Bank’s website.
Cashback Benefits
Insurance Benefits

| Particulars | Amount |
|---|---|
| Joining Fee | Nil |
| Annual Fee | Nil |
| Finance Charges | 3.99% per month (47.88% p.a.) |
| Late Payment Fee: | 15% of the previous statement's total amount due, less payments received before the due date (min. Rs. 100, max. Rs. 1,300). |
You are not eligible for unsecured credit cards and want to start your credit journey
You are looking for a lifetime free credit card
You are looking for a card offering accelarated cashback on online spends
You want to avail bonus cashback on travel spends
Travel3.0/5
Cashback3.0/5
Online Shopping3.0/5
IDFC FIRST Quantum+ Credit Card is suitable for individuals who are looking for a credit card but may not qualify for a regular unsecured card. Since it is backed by a fixed deposit of Rs. 10,000, it can be a decent option for first-time credit card consumers or anyone looking to build or improve their credit history. This card is suitable for consumers who prefer to spend online. However, the card comes with a combined cashback capping of Rs. 500 per month, which impacts its overall value.
Everything you need to know about this credit card
Yes. The IDFC FIRST Quantum+ Credit Card is a secured credit card backed by a fixed deposit of Rs. 10,000, which serves as collateral for the credit limit.
Yes. The total cashback across all eligible spending categories is capped at Rs. 500 per statement cycle, regardless of your overall monthly spending.
The card provides a personal accident cover of Rs. 2 lakh and a lost card liability cover of up to Rs. 25,000, subject to the banks applicable terms and conditions.
No. The IDFC FIRST Quantum+ Credit Card has no joining fee and no annual fee, making it a lifetime free FD-backed credit card.
Utility bill payments, rent, jewellery purchases, wallet loads, insurance premiums, and government service payments earn 0.5% cashback instead of the standard cashback rates.
Unpaid balances attract finance charges of 3.99% per month (47.88% per annum), and a late payment fee is charged based on the outstanding amount, subject to the banks fee limits.
Click here to know More Terms and Conditions
Samridhi Srivastava is a personal finance content writer who simplifies complex financial topics for everyday readers. She writes about credit cards, credit scores, and other personal finance topics to make money management easier. Through her clear and practical writing, she helps individuals make confident and informed financial decisions.
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