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Along with the IDFC First Select, IDFC First Millennia, the IDFC FIRST Classic Credit Card is also a no annual fee credit card issued by the bank. The card comes without a joining fee but keeps all the requirements of its customers in mind. It welcomes you with a gift voucher worth Rs. 500 and a 5% cashback on your first EMI transaction. With this card, you get 3 Reward Points on every Rs. 150 spent on offline purchases and 6 for every Rs. 150 spent on online purchases. You can even earn up to 10 Reward Points on incremental spends above Rs, 20,000 in a month. Other than that, you get extra reward points for big purchases and for all the transactions made on your birthday.

Not only Reward Points, but the card also provides you with great travel, movie & dining benefits as you get 4 complimentary Railway lounge access every quarter, up to 20% discount on dining, and a discount of 25% on movies. Moreover, there are many more benefits you get with the IDFC FIRST Classic Credit Card, such as complimentary Road Side Assistance, Insurance benefits, etc. To know all about the benefits of the card in detail, refer to the information given below:

IDFC_FIRST_Classic_Credit_Card
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Joining Fee

Nil

Renewal Fee

Nil

Best Suited For

Travel | Shopping |

Reward Type

Reward Points

Welcome Benefits

Get a welcome gift voucher worth Rs. 500 on spending Rs. 15,000 or more within the first 90 days. Also, get 5% cashback on the value of your first EMI transaction done inside 90 days of card generation.

Movie & Dining

Get a 25% discount on movies (up to Rs. 100) on the Paytm app, once per month, and up to  20% discount on dining through your IDFC FIRST Classic Credit Card.

Rewards Rate

3 Reward Points on every offline spend of Rs. 150 & 6 Reward Points on every online spend of Rs. 150.

Reward Redemption

The Reward Points can be redeemed instantly for online transactions & partner stores. Here, 1 Reward Point = Rs. 0.25.You have to pay a convenience fee of Rs. 99 plus taxes to redeem your rewards points.

Travel

Get complimentary Railway lounge access 4 times in a calendar quarter. You also get complimentary roadside assistance worth Rs. 1399 4 times in a year

Domestic Lounge Access

N/A

International Lounge Access

NA

Golf

NA

Insurance Benefits

You get a personal accident cover worth Rs. 2 Lakhs and a lost card liability cover worth up to Rs. 25,000

Spend-Based Waiver

NA

Rewards Redemption Fee

Rs. 99 plus taxes

Rewards Redemption Fee

Rs. 99 plus taxes

Foreign Currency Markup

3.5% on all foreign currency spends.

Interest Rates

0.75% to 3.5% per month

Fuel Surcharge

1% fuel surcharge waiver (up to Rs. 200 per statement cycle)

Cash Advance Charges

Rs. 199

  • 3x Reward Points on every Rs. 150 you spend on offline purchases.
  • 6x Reward Points on every Rs. 150 you spend on online purchases.
  • 10x Reward Points on every Rs. 150 you spend on purchases above Rs. 20,000.
  • 10x Reward Points on every Rs. 150 spent on your birthday.
  • The card comes with no joining/renewal fee.
  • Welcome benefit of a gift voucher worth Rs. 500 and 5% cashback on the value of your first EMI transaction
  • 25% discount on movie tickets on the Paytm app, up to Rs. 100, once per month.
  • 4 complimentary Railway lounge access every quarter.
  • More than 300 partner merchant offers.
  • Get free Road Side Assistance worth Rs. 1399
  • Get personal accident cover worth Rs. 2 Lakhs and lost card liability cover worth Rs. 25,000

IDFC FIRST Classic Credit Card Features and Benefits

The First Classic Credit Card offered by the IDFC First Bank is a lifetime free card issued by the bank. It comes with a decent reward rate and a number of great benefits across different categories. Some of its most important features and benefits are as follows:

Welcome Benefits

  • You get a welcome gift voucher worth Rs. 500 on spending over Rs. 15,000 within the first 90 days after receiving your IDFC FIRST Classic Credit Card.
  • Get a 5% cashback on your first EMI transaction up to Rs. 1000 (if done within 90 days after the card set-up date).

IDFC FIRST Classic Credit Card Rewards:

  • You get 3x Reward Points for every offline spend of Rs. 150.
  • You get 6x Reward Points for every online spend of Rs. 150.
  • You get 10x Reward Points for every Rs. 150 spent on purchases above Rs. 20,000.
  • You get 10x Reward Points for every Rs. 150 spent on your birthday.
  • Transactions like fuel purchases, EMI transactions, Loan payments, and Cash withdrawals are not eligible for Reward Points.
  • The Reward Points you earn through your IDFC FIRST Classic Credit Card do not expire ever.

Rewards Redemption

  • The Reward Points you earn can be redeemed easily & instantly on online transactions or at partner stores.
  • 1 Reward Point = Rs. 0.25.
  • The IDFC FIRST Classic Credit Card charges a convenience fee of Rs. 99 plus taxes for reward redemption.

Travel Benefits

You get 16 complimentary Railway Lounge access every year (4 per quarter). You also get complimentary roadside assistance worth Rs. 1399 four times a year.

Movie & Dining Benefits

  • You get a 25% discount on movies (up to Rs. 100) once every month, on the Paytm app.
  • Get a discount of up to 20% on dining across over 1,500 restaurants.

Insurance Benefits

  • A personal accident cover worth Rs. 2 lakhs is given to the cardholder.
  • Coverage of Rs. 25,000 is provided in case of a lost card.

Other Benefits

  • You get complimentary Road Side Assistance worth Rs. 1,399 up to four times a year.
  • Get a discount of up to 15% at more than 3000 Health & Wellness outlets.
  • Get over 300+ partner merchant offers throughout the year.

Fuel Surcharge Waiver

You get a 1% fuel surcharge waiver across all fuel stations in India. The maximum surcharge waiver is capped at Rs. 200 per month.

IDFC First Classic Credit Card Fees and Charges

There are various fees and charges associated with the IDFC First Classic Credit Card. Some of the important ones are as follows:

  • The IDFC First Classic Credit Card comes with zero joining and annual fee, i.e, it is a lifetime free credit card.
  • The interest rate on this credit card is 0.75% to 3.5% per month.
  • The foreign currency markup fee on the IDFC First Classic Credit Card is 3.5% of the total transaction amount.
  • The cash advance fee on this credit card is Rs. 199 per transaction

IDFC FIRST Classic Credit Card Eligibility Criteria

The eligibility requirements that need to be fulfilled in order to get approved for the IDFC First Classic Credit Card are as follows:

  • The minimum eligible age required for this credit card is 21 years.
  • The applicant should either be salaried or self-employed with a decent monthly income.
  • The applicant should have a decent credit score.

Documents Required

The documents required to apply for the IDFC First Bank Classic Credit Card are listed below:

  • Aadhar Card, Voter’s Id, Driving License, PAN Card, or Passport as an identity proof.
  • Latest months’ utility bills, Aadhar Card, or Passport as an address proof.
  • You will also need to submit your latest salary slips/latest bank statements, or latest audited ITR.

How To Apply For The IDFC First Classic Credit Card?

You can apply for the IDFC First Classic Credit Card online as well as offline at your convenience. To apply offline, visit your nearest IDFC First Bank branch with all the required documents and apply for the card by filling out the physical application form. To apply online, you will have to follow a few simple steps as mentioned below:

  • Click on Apply Now and proceed further by filling in all the required details.

Conclusion

The IDFC FIRST Classic Credit Card provides all the exclusive benefits and reward offers to its customers that one expects to get from a credit card. But, the great thing here is: you get all these benefits with a card that is absolutely free to have, i.e., you don’t need to pay any joining/renewal fee ever. Moreover, its low-interest charges also give you a strong reason to choose this card.

Talking about its benefits, it provides you with exciting benefits across several categories, including travel, dining, movies, insurance, fuel surcharge waiver, complimentary Road Side assistance, and many more. Therefore, if you are looking for a credit card with no joining/renewal fee and exclusive Reward offers & benefits, the IDFC FIRST Classic Credit Card would be a great choice for you.

FAQs:

No, the IDFC FIRST Classic Credit Card doesn’t provide any complimentary airport lounge access, but you get 4 complimentary Railway lounge access every quarter.
The Reward Points you earn using your IDFC FIRST Classic Credit Card do not expire ever.
You can get a maximum fuel surcharge waiver of Rs. 200 in a month through the IDFC FIRST Classic credit card.
The IDFC FIRST bank charges a small fee of Rs. 99 plus taxes for reward redemption
IDFC_FIRST_Classic_Credit_Card

IDFC FIRST Classic Credit Card

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