IDFC First Select Credit Card allows its users to experience a premium lifestyle, a superior rewards program, travel perks and round-the-year offers, trip cancellation cover up to Rs.10,000^, no annual fees, and low-interest rates. Get 4 complimentary Domestic airport lounge visits per quarter across all major domestic airports. There are no joining fees, no annual fees, and no expiry on reward points enabling cardholders to enjoy a life full of luxury & relaxation.
Also, cardholders can enjoy very low markup fees on international transactions to ensure a hassle-free trip.
|IDFC FIRST Select Credit Card- A Snapshot|
|Annual / Joining Fee||Nil (Lifetime Free Credit Card)|
|Best Suited For||Rewards and Online Shopping|
|Key Feature||Up to 10X Reward Points that never expire|
|Reward Rate||Offline Purchases: 3% | Online Purchases: 6%|
|Welcome Benefits||Gift vouchers worth INR 500 and 5% cash back on the first EMI transaction|
Types of IDFC Credit Cards:
Below mentioned are the different types of IDFC Bank Credit Card:
- IDFC Milennia Credit Card
- IDFC Classic Credit Card
- IDFC Select Credit Card
- IDFC Wealth Credit Card
- IDFC First Private Credit Card
- IDFC Wow Credit Card
Features of IDFC First Select Credit Card:
- 10x Reward Points on incremental spends above ₹25,000 per month and spends done on birthdays.
- 6x & 3x Reward Points on online & offline purchases respectively for spends up to INR 25,000 per month.
- Low-Interest Rates
- Unlimited Reward points that do not expire
- Reward Points can be used instantly to pay online or in-store purchases.
- Welcome Voucher worth INR 500 on spending INR 15000 or more within 90 days of card generation.
- 5% Cashback (Up to INR 1000) on the transaction value of the first EMI done within 90 days of card generation.
- Buy one get one offer on movie tickets up to INR 250 on Paytm mobile app (valid twice per month)
- 300+ Merchant offers, All year long! | Up to 20% discount at 1500+ restaurants |
Up to 15% discount at 3000+ Health & Wellness outlets
- 4 complimentary Domestic Airport lounge visits per quarter, on minimum monthly spends of Rs.5000
- 4 complimentary Railway lounge visits per quarter
- Discounts on Airport Fast Track immigration service at over 450 destinations worldwide.
- Discounts on Airport Transfers limousine service across over 3000 cities across 83 countries.
- It provides a modern, personalized experience to self-book for dining, staycation, fights, and activities
- Access to over 900 luxury hotels around the world with premium benefits such as automatic room upgrade upon arrival, Complimentary in-room Wi-Fi, Complimentary continental breakfast, VIP Guest status, 3 PM check-out upon request, and others.
- Complimentary Roadside Assistance worth ₹1,399
- Fuel surcharge waiver of 1%, at all fuel stations across India, up to ₹300/month
*Applicable only on transaction values between ₹200 & ₹5000
- Air Accident Cover of ₹1crore*
- Personal Accident Cover of ₹5,00,000* and Lost Card Liability Cover of ₹50,000
- Comprehensive Travel Insurance Cover of ₹22,500#
*Valid on doing at least one transaction on FIRST Select Credit Card in the last 30 days
- Convert all transactions* above ₹2,500 into easy & convenient EMIs on your mobile app.
- Instant EMI conversion for all online transactions* above ₹2,500 on the bank’s OTP page.
- Enjoy convenient transfer of balances from your other bank credit cards with our balance transfer privilege.
Fees & Charges
|Fees / Charges||Amount|
|Joining / Annual Fee||NIL|
|Over Limit Fee||NIL|
|Interest Rate / Finance Charges||starting at 0.75% p.m. (9% annually)|
|Reward Redemption Fee||NIL|
|Foreign Currency Markup Fee||1.99%|
|Late Payment Fee||15% of Total Amount Due (subject to Min INR 100 and Max up to INR 1,250)|
|International & Domestic Cash Advance Fee||INR 250|
|Return of cheque/Auto Debit/ Payment Return||INR 250 per Returned cheque/Auto Debit/ Payment Return|
|EMI Fees||1% of the transaction value (minimum INR 99), Fee will be levied if booked through any channel, unless done at the Point-of-Sale terminal or merchant website/ app|
|Card Replacement Fee||INR 100|
Reasons to select IDFC First Select Credit Card
Below mentioned is the case where IDFC First Select Credit Card can be applied for:
- There are no big expenses to be incurred from the credit card.
- There are frequent purchases to be made online.
- An incremental spend of an amount greater than INR 20,000 each billing cycle can be made.
- There is more inclination towards rewards than cashback.
- Not all rounding benefits are to be considered.
- A credit card with exclusive travel benefits is not required.
Below mentioned are the eligibility criteria to apply for IDFC First Select Credit Card:
- The minimum age of the applicant has to be at least 21 years.
- A good credit score has to be maintained.
- A regular source of income has to be there.
- The applicant must be an Indian citizen and have his/her permanent and current residential address in India.
Factors Affecting IDFC Credit Card Eligibility:
- Minimum Age Requirement
- Credit Score
- Credit Utilization Ratio
Below mentioned are the documents required to apply for IDFC First Select Credit Card:
- ID Proof (any one): Aadhaar card, Passport, PAN card, Driving license, Voter ID
- Address Proof (any one): Aadhaar card, Voter ID, Ration card, Latest utility bills
- Proof of income: Form 16, Salary slip, Latest bank account statements, ITR copy
How to apply for an IDFC First Select Credit
Below mentioned are the steps to apply for an IDFC First Select Credit Card:
Step 1: Visit the official website of IDFC FIRST Bank.
Step 2: Navigate to the ‘Credit Cards’ tab.
Step 3: Select the IDFC FIRST Bank’s Select Credit Card.
Step 4: Click on the ‘Apply Now tab.
Step 5: Enter the required details, like name, mobile number, and date of birth.
Step 6: Enter the OTP received on the phone.
Step 7: Follow the instructions as mentioned to proceed further.