IDFC FIRST Wealth Credit Card

First Wealth Credit Card Rewards Points

• Earn 10X Reward Points Per ₹200 Spent on Dining, Food Delivery, Travel & International Transactions.
• Earn 3X Reward Points Per ₹200 Spent on All Other Eligible Categories.
• Earn 1X Reward Point Per ₹200 Spent on Insurance, Utility, Railway & FASTag Transactions.
• Earn 1X Reward Point Per ₹200 Spent on UPI Transactions Up to ₹2,000.
• Earn 3X Reward Points Per ₹200 Spent on UPI Transactions Above ₹2,000.
• No Reward Points on Fuel, EMI Transactions, and Cash Withdrawals.
• Reward Points shall be valid for 24 months.

Earn accelerated rewards on travel bookings made via the IDFC FIRST Bank Mobile App, with 20% Bonus Reward Points on hotel bookings and 10% Bonus Reward Points on flight bookings over the regular reward rate.

Reward Redemption

• Reward Points can be redeemed on the IDFC Rewards Gallery for shopping vouchers, travel bookings, and more.
• 1 Reward Point = ₹0.25.

IDFC FIRST Wealth Features and Benefits

The IDFC Bank First Wealth Credit Card is a unique premium card that offers a range of exciting privileges across categories such as travel, golf, rewards, lifestyle, and more. The greatest advantage of this card is that it is a no-annual-fee card with such great benefits. The following are some of the most significant features and benefits of this credit card:

Welcome Benefits

• You get welcome gift vouchers worth ₹500 upon spending ₹5,000 within 30 days of card setup.
• You get a 5% cash back on the first EMI purchase made within 30 days of card set-up.

Movies

BOGO (Buy One Get One Free) offers on movie tickets with the District app, with up to 2 complimentary tickets every month, capped at ₹250 each. With this BOGO offer on movie ticket bookings, cardholders can save up to ₹6,000.

Travel Benefits

• One complimentary domestic and international airport lounge access per quarter. You would need to spend ₹20,000 in the current month to access the lounge benefits next month.
• 4 complimentary railway lounge access per quarter.

Golf Benefits

• You get a complimentary golf round for every ₹20,000 spent in the previous month.
• You can enjoy up to one complimentary golf round a month.

Insurance Benefits

Travel-related insurance benefits are under.

IDFC First Wealth Credit Card Fees and Charges

Some of the most important fees and charges associated with the IDFC First Bank Wealth Credit Card are as mentioned below:

• The First Wealth Credit Card offered by IDFC First Bank has zero annual and joining fees, making it a lifetime-free credit card with no annual fee.
• This credit card charges an interest of 0.75% to 3.5% per month.
• The fee on foreign currency transactions made through the IDFC First Wealth Credit Card is 1.5% of the total transaction amount.
• The cash withdrawal fee on this card is Rs. 199 per transaction.

IDFC FIRST Wealth Credit Card Eligibility Criteria

The basic eligibility requirements that are required to be fulfilled by individuals in order to get approved for the IDFC First Wealth Credit Card are as follows:

• The applicant’s age should be at least 21 years.
• The applicant should be self-employed or salaried with an annual income of ₹36 Lakh or more.
• A decent credit score would ensure instant, smooth approval for the IDFC FIRST Wealth Credit Card.

IDFC First Customer Care

If you need assistance or want to report the loss of your card, you can dial IDFC FIRST Credit Card‘s customer care number – 1860 500 1111. This is a dedicated number for IDFC First’s credit card customers and is functional 24×7.

IDFC FIRST Wealth Credit Card Review

A lifetime free membership, a very competitive interest rate, and a low foreign currency markup fee make the IDFC First Wealth credit card one of the best options available in the premium category. The bank hasn’t compromised on the several privileges that this card comes bundled with, either.

From complimentary airport lounge access to complimentary rounds of golf, you get all the benefits we expect from a premium credit card. You also get a decent reward rate, although the monetary value of the Reward Points is relatively less (₹0.25/point) when compared with other premium credit cards in the market. But the benefits certainly outweigh this shortcoming. If you’re looking for a premium credit card, this one by IDFC FIRST is certainly worth your consideration.

Please don’t hesitate to let us know your opinion of this card in the comments. And what do you think of IDFC FIRST Bank’s strategy of offering lifetime free membership for almost all of its credit cards?