By Shubham Sharma
Updated On May 8, 2024

IDFC First Bank credit card offers a wide range of credit cards to its customers, and you can select the right credit card that helps you achieve your financial goals. The credit cards offered by the IDFC First Bank come with several ancillary benefits and special perks. To avail of the IDFC First bank card eligibility requirements is one of the most important factors that need to be fulfilled. Whether it’s the credit score or monthly income, each credit card issuer has its own different criteria that one needs to fulfill in order to be eligible for a particular card. Find below the eligibility requirements for the IDFC First Bank credit card.
IDFC First Bank Credit Card Eligibility Criteria

Basic IDFC Bank Credit Card Eligibility

IDFC First Bank credit card has listed a standard age requirement for all its credit cards. The applicant’s age should be 21 years. The age criteria for the add-on cardholder is 18 years. Provided below is basic information related to eligibility requirements that every customer should know before applying for the IDFC First bank credit card.

  • The applicant shall be a resident of India and must be salaried or self-employed.
  • The applicant should be of a minimum age of 21 years or above.
  • The applicant shall have a minimum income of 3 lakhs per annum.
  • The add-on cardholder should be aged 18 years.

IDFC First Bank Credit Cards Income Requirements

The income requirements for different IDFC First Bank Credit Cards may vary. For premium credit cards, generally, a higher income is required than for basic cards. The salary eligibility for IDFC Bank Cards is as mentioned below in the table:

Card Income Requirement
IDFC FIRST Millennia Credit Card Annual Income of ₹3 Lakh or Above
IDFC FIRST Select Credit Card Annual Income of ₹12 Lakh or Above
IDFC HPCL FIRST Power Credit Card Annual Income of ₹3 Lakh or Above
IDFC FIRST Classic Credit Card Annual Income of ₹3 Lakh or Above
IDFC FIRST Wealth Credit Card Annual Income of ₹36 Lakh or Above
IDFC FIRST WoW Credit Card Minimum Fixed Deposit of ₹10,000
IDFC First Private Credit Card Invitation Only

Documents Required for an IDFC Bank Credit Card

Identity Proof
  • Pan Card
Address Proof
  • Aadhaar Card
  • Passport
Income Proof
  • Bank Statement or salary slip for the last three months
  • The last two years audited financial report

Factors Affecting Your IDFC First Bank Credit Card Eligibility

  • Age-: The minimum age requirement is the most important criterion that needs to be fulfilled while applying for a credit card. In the case of IDFC First bank credit card, the minimum age criteria are 21 years for both the salaried and the self-employed individuals.
  • Income-: The income of an applicant is another critical factor that affects your eligibility to avail of an IDFC First bank credit card. The minimum income for a self-employed applicant is Rs 3 lakhs per annum and Rs 25,000 per month in the case of a salaried applicant.
  • Credit Score: A credit score is an assessment of the creditworthiness of an individual. Therefore, it is necessary to maintain a good credit score to avail of credit. Typically, a credit score of 750 or above is considered good.
  • Documentation-:  While applying for an IDFC First Bank credit card, the applicant shall have all the necessary pre-requisite documents to assess their credit card application, such as Proof of Income, Proof of Address, and Proof of Identity.
  • Credit History- Credit history is the next most essential factor to be considered. If you have no credit history, the card issuer may only accept your application when the issuer looks at your application while accessing it.

How to Improve Your IDFC First Bank Credit Card Eligibility?

There are multiple ways you can increase your eligibility to avail of an IDFC First Bank credit card. Some of the ways mentioned below can help you increase your eligibility.

  • Make sure you have paid off your previous outstanding bills on time.
  • You can also avail of IDFC First Bank credit cards by maintaining a healthy credit score of 750.
  • Adding a co-applicant when applying for an IDFC credit card.
  • You can increase your chances by limiting the number of hard inquiries on your credit file.
  • Applying for a secured credit card.

How to Apply for an IDFC First Bank Credit Card?

  • You can apply for your new IDFC First Bank Credit Card with Card Insider.
  • Click on the option “Apply Now”.
  • Fill in your required details.
  • Choose the card of your choice, and complete all the required formalities.

Bottom Line

IDFC First Bank has a wide range of rewarding credit cards most of which are available as lifetime free. With these cards, one can easily earn high rewards for their spending. An annual income of at least ₹3 lakh is required to be eligible for an IDFC First Credit Card. Apart from this, candidates should verify all the other requirements before applying for a card of their choice. For those who do not have a high CIBIL score or are looking for their first credit card, IDFC First has come up with the WoW! Credit Card which can be availed against a fixed deposit of at least ₹10,000.

FAQs:

Non-resident Indians are eligible to apply for an IDFC First bank credit card. You can apply for an IDFC First bank credit card online or by visiting the nearest IDBI First bank branch to your location.
The minimum age requirement for the add-on cardholders is 18 years.
IDFC First Bank customers get an interest-free period of up to 48 days on their IDFC First credit card.