IDFC FIRST Hello Cashback Credit Card benefits
- Rewards3%
cashback on online spends up to ₹10,000 a cycle, 5% above that
- Rewards1%
cashback on in-store swipes and UPI through the IDFC FIRST Bank app
- Rewards
Total cashback up to ₹1,500 a statement cycle
- ForexZero
foreign currency markup
- Deposit
Issued against a fixed deposit from ₹10,000, no income proof needed
Good to know
- Annual fee ₹1,000, waived on ₹2 lakh of yearly spends
IDFC FIRST Hello Cashback Credit Card rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| Online shopping3% on the first ₹10,000 of online spends in a statement cycle and 5% on online spends above that. We count 3% only. Online cashback is limited to ₹1,000 a cycle. | 3% back | 1,000 |
| Everything else | 1% back | 500 |
No rewards on: Fuel, ATM cash withdrawals, EMI, and UPI payments made through other UPI apps such as GPay, PhonePe and Paytm.
All reward rules
- 1% cashback on in-store swipes, on UPI payments made through the IDFC FIRST Bank app, and on essential spends such as rent, utilities, education, insurance and FASTag.
- Total cashback is limited to ₹1,500 a statement cycle. We count up to ₹1,000 online and ₹500 on other spends.
- Online spends on essential categories and fuel do not count towards the ₹10,000 online limit for the 5% rate.
- An extra 1% cashback on hotel and flight bookings made through the IDFC FIRST Bank app.
- Cashback is credited one day after the payment due date, only if you paid at least the minimum amount due on time.
- The credit limit equals your fixed deposit, which keeps earning interest.
What the IDFC FIRST Hello Cashback Credit Card gives back in a year
Say you spend ₹30,000 a month, like our “online shopper” pattern. Worked out with the same maths as the calculator above.
| Spending | A month | Back | A year |
|---|---|---|---|
| Groceries | ₹3,000 | 1% | ₹360 |
| Dining and food delivery | ₹2,000 | 1% | ₹240 |
| Online shopping | ₹18,000 | 3% | ₹6,480 |
| Travel | ₹1,000 | 1% | ₹120 |
| Fuel | ₹1,000 | 0% | ₹0 |
| Bills and utilities | ₹2,000 | 1% | ₹240 |
| Everything else | ₹3,000 | 1% | ₹360 |
| Total | ₹30,000 | ₹7,800 | |
| Renewal fee with GST | Waived | ||
| You keep | ₹7,800* |
That is ₹4,440 a year more than the Kotak 811 Dream Different Credit Card on the same spending.
IDFC FIRST Hello Cashback Credit Card annual fee and charges
- Joining fee
- Free
- Annual fee
- ₹1,000
- Fee waiver
- ₹2,00,000 a year
- Foreign currency markup
- 0%
The usual joining fee is ₹1,000 plus GST, and IDFC FIRST Bank shows it as ₹0 under an introductory offer. The annual fee of ₹1,000 is waived on ₹2 lakh of yearly spends. Fees are before GST.
Fuel surcharge: 1% fuel surcharge waiver, up to ₹100 per statement cycle.
IDFC FIRST Hello Cashback Credit Card eligibility
- Age
- 18 to 80
- Lowest fixed deposit
- ₹10,000
The card is issued against a fixed deposit with IDFC FIRST Bank, starting at ₹10,000. No income proof or credit history is needed.
The bank alone decides approval and your credit limit.
IDFC FIRST Hello Cashback Credit Card lounge access
The bank's terms list no fixed number of free airport lounge visits on this card.
Is the IDFC FIRST Hello Cashback Credit Card right for you?
A card with a ₹1,000 fee that spending can waive, paying 3% on online shopping and an above-average 1% elsewhere.
Worth its fee if you spend about ₹5,000 a month or more. Below that, the ₹1,000 fee costs more than the card gives back on spending like the example above.
Good for you if
- You spend a lot on online shopping: the card pays 3% back there, against 1% on most other spends.
- You spend ₹2,00,000 a year or more (about ₹16,700 a month), so the ₹1,000 renewal fee is waived.
- You pay in foreign currency, abroad or on foreign websites: the markup is 0%, against a typical 3.5% on the cards we list.
- You have no credit history or a low score: the card is issued against a fixed deposit of ₹10,000 or more.
Not for you if
- You spend less than about ₹16,700 a month: you would pay ₹1,180 a year with GST.
- You spend more than ₹33,300 a month on online shopping: the higher rate stops there.
Check the latest fees and terms on the bank's page before you apply.
Alternatives to IDFC FIRST Hello Cashback Credit Card
Two similar cards to weigh up before you apply. The last column shows what each may be worth on ₹30,000 a month of mixed spending, after the renewal fee with GST. Rates paid only at named brands are not counted, so a brand card can earn more if you shop there.
| Card | Annual fee | Rewards up to | You keep a year |
|---|---|---|---|
| IDFC FIRST Hello Cashback Credit Card | ₹1,000 | 3% | ₹5,160* |
| Kotak 811 Dream Different Credit Card | Free | 2% | ₹2,880* |
| IDFC FIRST EARN Credit Card | ₹499 | 5.5% | ₹1,800* |
*Estimate only, not a promise. We work it out from the bank's published terms and the spending you enter. What you actually get depends on the bank, your transactions and any change in its terms.
Frequently asked questions
What is the annual fee of the IDFC FIRST Hello Cashback Credit Card?
The annual fee is ₹1,000 plus GST, waived if you spend ₹2 lakh in the year. The joining fee of ₹1,000 is shown as ₹0 under an introductory offer.
How much cashback does the Hello Cashback card give?
You get 3% on online spends up to ₹10,000 in a statement cycle and 5% on online spends above that, up to ₹1,000 of online cashback. In-store swipes, essential spends and UPI through the IDFC FIRST Bank app earn 1%. Total cashback is limited to ₹1,500 a cycle.
Do I need income proof for this card?
No. The card is issued against a fixed deposit with IDFC FIRST Bank, starting at ₹10,000. Your credit limit equals the deposit amount, and the deposit keeps earning interest.
Which spends earn no cashback?
Fuel, ATM cash withdrawals, EMI, and UPI payments made through other apps such as GPay, PhonePe and Paytm earn no cashback.
Does the card charge a foreign currency markup?
No. IDFC FIRST Bank says the card has zero forex markup on international spends. Pay in the local currency abroad to avoid dynamic currency conversion charges by the merchant.
Who can apply for the Hello Cashback Credit Card?
People aged 18 to 80 years who open a fixed deposit of at least ₹10,000 with IDFC FIRST Bank.