IDFC FIRST WOW! Black Credit Card
- Updated On: 13 May, 2026
The IDFC FIRST WOW! Black Credit Card brings something genuinely fresh to the premium FD–backed credit card space. It’s designed for customers who want high-end features without stretching their budget, and IDFC FIRST Bank sweetens the deal by bundling a complimentary RuPay UPI Credit Card at no extra cost. For a joining fee of ₹750 + GST, the card packs in welcome benefits worth over ₹5,000, more than enough to recover your initial charges and still walk away smiling.
If you’re taking your first step into the world of credit cards, or you’re building your credit score through a fixed-deposit card, the WOW! Black makes an excellent starting point. It’s affordable, reward-packed, and surprisingly rich in privileges. From complimentary airport lounge access and trip cancellation cover to the rare advantage of zero forex markup, the card is crafted for travellers, whether you’re hopping across Indian cities or heading overseas.
The highlight, of course, is the 0% forex charge, a feature usually reserved for high-end, ultra-premium cards like the Mayura Credit Card. Here, it’s offered on an FD-backed product, making international transactions far more cost-effective for everyday users.
In this review, we break down every feature of the IDFC FIRST WOW! Black Credit Card, how it compares to the earlier WOW! Credit Card, and whether it deserves a spot in your wallet.
IDFC FIRST WOW! Black Credit Card
( 4.7 / 5 )
- Joining Fee
- Annual Fee
- Best Suited For
- Reward Type
Rewards Rate
4 RPs/₹150 Spent Online/Offline. 1 RP/₹150 Spent on Insurance and Utility Payments. Up to 3 RPs/₹150 Spent via UPI
Welcome Benefits
Discounts, Complimentary Memberships, Cashback, and More Worth Over ₹5,000
Rewards and Benefits
Movie & Dining
25% Off Up to ₹100 on Movie Ticket Bookings Via District by Zomato (Benefit Can Be Availed on Spending ₹20,000 in the Previous Month)
Rewards Rate
4 RPs/₹150 Spent Online/Offline. 1 RP/₹150 Spent on Insurance and Utility Payments. Up to 3 RPs/₹150 Spent via UPI
Reward Redemption
1 RP = ₹0.50 for Travel Bookings, ₹0.25 Everywhere Else
Travel
Trip Cancellation Cover Up to ₹10,000 Each Year
Domestic Lounge Access
4 Free Visits Each Year, Max One Every Quarter. Unlock by Spending ₹20,000 in the Previous Month
International Lounge Access
N/A
Golf
N/A
Insurance Benefits
Personal Accident Cover Up to ₹2 Lakh
Fees & Charges
Spend-Based Waiver
Annual Charges Waived on Spends of ₹1.5 Lakhs
Rewards Redemption Fee
Rs. 99 + GST
Foreign Currency Markup
0%
Interest Rates
Monthly Rate – 3.99% | Annual Rate – 47.88%
Fuel Surcharge Waiver
1% Fuel Surcharge Waiver on Fuel Transactions Between ₹200 and ₹5,000
Cash Advance Charges
0% for Up to 45 Days
Product Details
- The IDFC WOW! Black Credit Card is a first-of-its-kind premium secured credit card.
- Those who opt for this card shall also get a complimentary virtual UPI credit card.
- The WOW! Black Credit Card has a joining and annual charge of ₹750 + GST. Cardholders shall receive benefits worth over ₹5,000 on payment of joining charges, while the yearly charge can be avoided by spending ₹1.5 lakh or more in a year.
- From free airport lounge access to trip cancellation coverage, this card offers several benefits for travelers.
- Cardholders can also earn bonus reward points for hotel and flight bookings made via IDFC’s Rewards portal.
Pros/Cons
Pros
- This card offers plenty of travel benefits, from zero foreign exchange charges for international spends to free airport lounge access. Hence, it could be the go-to choice for those applying for their first credit card, as usually secured cards do not offer such benefits.
Cons
- While this card has no foreign exchange markup fees, it would be even more beneficial if it provided access to international airport lounges, enhancing its value for travelers.
Welcome Benefits Worth ₹5,000+
- Up to ₹1,500 Instant Discount on flight, hotel, and bus bookings via MakeMyTrip
- Flat 10% Discount on Mokobara purchases, over and above existing offers
- Complimentary 3-Month EazyDiner Prime Membership worth ₹1,095
- Complimentary 1-Year Lenskart Gold Max Membership worth ₹800
- 5% Cashback up to ₹1,000 on the first EMI transaction within 30 days
- ₹500 Instant Voucher on the first travel booking via the IDFC FIRST Bank Mobile App
Reward Point Earnings
- Earn 4 Reward Points for every ₹150 spent on regular online and offline purchases.
- Get 1 Reward Point per ₹150 spent on insurance premiums and utility bill payments.
- No rewards are given on fuel spends, EMI transactions, or cash withdrawals.
RPs on UPI Spends
- Earn 3 Reward Points per ₹150 on UPI transactions above ₹2,000.
- Earn 1 Reward Point per ₹150 on UPI transactions below ₹2,000.
- UPI card transactions on insurance and utility bills also earn 1 Reward Point per ₹150.
- UPI exclusions: No rewards on fuel, EMI transactions, or cash withdrawals.
Bonus Reward Earnings for Travel Bookings
The IDFC FIRST WOW! Black Credit Card offers bonus Reward Points for travel bookings made with the IDFC Mobile Banking app. This is an extremely valuable benefit as cardholders can earn bonuses on their regular hotel and flight bookings.
| Bookings | Hotel Bookings | Flight Bookings | Monthly Reward Point Earning Capping |
| Reward Points Earning | 50 Bonus Points for Every ₹150 Spent | 30 Bonus Points for Every ₹150 Spent | 8,000 Reward Points (Combined for Both Categories) |
| Reward Rate | 16.67% | 10% |
Reward Point Redemption
You can get more value from your rewards when you redeem them for travel. Flights and hotel bookings made through the IDFC FIRST Bank Mobile App give you a higher redemption rate of 1 RP = ₹0.50, while all other redemptions are valued at 1 RP = ₹0.25. This makes the card especially rewarding for those who travel often and prefer using their points for trips.
Reward points earned through the FIRST DIGITAL Credit Card linked to your FIRST WOW! Black will also be available for the above redemption values.
Complimentary Airport Lounge Access
Cardholders can avail one free domestic airport lounge access each quarter with this premium secured card. This benefit is unlocked on spending of ₹20,000 or more in the previous calendar month.
Trip Cancellation Cover
If your plans change unexpectedly, this benefit helps you recover your money. The card reimburses up to ₹10,000 for the non-refundable part of cancelled hotel or flight bookings, and you can use this protection for up to two claims in a year. It’s a handy feature for travellers, as it reduces the stress and loss that usually comes with last-minute cancellations.
IDFC FIRST WOW! Black Vs WOW! Credit Card
The IDFC FIRST WOW! Black Credit Card is a clear step up from the earlier FIRST WOW! Card. But you don’t have to take my word for it, just check out the comparison below and see exactly how the two stack up, benefit by benefit.
| Features | FIRST WOW! Black | FIRST WOW! |
| Minimum FD Amount | ₹20,000 | ₹20,000 |
| Annual Charges | ₹750 + GST | Lifetime Free |
| Forex Charges | Zero | Zero |
| Base Reward Rate | 4 RPs/₹150 Spent Online/Offline (~1.33%) | 4 Reward Points/₹150 Spent (~0.66%) |
| Airport Lounge Access | Once Each Quarter | N/A |
Final Thoughts
The IDFC WOW! Black Credit Card is a must-have option for beginners. With a low joining and annual fee of just ₹750 + GST, it stays light on the pocket while still giving you welcome benefits worth over ₹5,000 in the first year, making it a great value pick right from the start.
For users who can’t go for premium, high-fee credit cards but still want strong travel features, this card fits perfectly. The zero forex charges, complimentary domestic lounge access, and trip cancellation cover of up to ₹10,000 make it a reliable partner for both local and international trips.
Overall, the WOW! Black is a solid upgrade from the previous IDFC WOW! Credit Card. It packs in better rewards, better travel perks, and better everyday usability, making it one of the strongest FD-backed cards available today. If you’re looking for a powerful but affordable first credit card, this one is definitely worth considering.
How to Apply for IDFC WOW! Black Credit Card?
Applying for the IDFC WOW! Black Credit Card is quick and straightforward. You can complete the entire process online, and the card is issued against a fixed deposit linked to your account. Once you open the FD, the bank will issue the card based on that deposit.
To be eligible, you must:
- Be at least 18 years old
- Be an Indian citizen with a valid permanent address
- Maintain a minimum fixed deposit of ₹20,000 with IDFC FIRST Bank
FAQs:
How much extra would I pay for international transactions with the IDFC WOW! Black Credit Card?
Since this card has zero forex charges, cardholders do not need to pay extra for transactions abroad or for international transactions made from India.
What should I do if I have questions about using my card while I am abroad?
You can contact IDFC customer support at +91 22 6248 5152 while traveling internationally.