IDFC FIRST Select Credit Card benefits
- No joining fee and no annual fee
- 10X Reward Points on dining, travel, international spends and birthday spends
- 1 domestic airport lounge visit per quarter, based on spends
- 4 railway lounge visits per quarter, based on spends
- Zero forex markup on international spends
- Trip cancellation cover up to ₹10,000 on hotel and flight bookings
IDFC FIRST Select Credit Card rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| Dining and food delivery10X. Dining, including food delivery. | 5 points per ₹100 | None |
| Travel10X. Railway spends earn only 1X. | 5 points per ₹100 | None |
| Bills and utilitiesA lower rate, 1X, on utility bills. Insurance premiums, railway spends and FASTag recharges also earn 1X. | 0.5 points per ₹100 | None |
| Everything else | 1.5 points per ₹100 | None |
We value one point at ₹0.25 in the usual redemption.
No rewards on: Fuel, EMI transactions, cash withdrawals, and card fees and charges.
All reward rules
- 1X means 1 Reward Point per ₹200 spent. So 10X is 5 points per ₹100, 3X is 1.5 points per ₹100 and 1X is 0.5 points per ₹100. One point is worth ₹0.25.
- International purchases and spends on your birthday also earn 10X, or 5 points per ₹100.
- Rent and property management, government services, education and wallet loads do not earn 10X.
- Reward Points are valid for 24 months from the date they are credited. Each redemption costs ₹99 plus GST.
- Points are earned only on spends up to your credit limit in each billing cycle.
- Hotel and flight bookings in the FIRST Rewards Gallery on the bank's app earn 20% and 10% bonus points on top. Bonus points are limited to 8,000 in a calendar month.
- Airport lounge: 1 complimentary domestic visit per quarter, which is 4 a year. To use it, spend ₹20,000 in a calendar month for access in the next month.
- 4 complimentary railway lounge visits per quarter. To use them, spend ₹20,000 in a calendar month for access in the next month.
IDFC FIRST Select Credit Card annual fee and charges
- Joining fee
- Free
- Annual fee
- Free
- Fee waiver
- Not needed
- Foreign currency markup
- 0%
Lifetime free. There is no forex markup if you pay in the local currency; if you choose rupees abroad, the merchant may add its own charge. An optional virtual RuPay card for UPI costs ₹199 plus GST to join and each year from the second year.
Fuel surcharge: 1% waiver on fuel transactions between ₹200 and ₹5,000, up to ₹300 per statement cycle.
IDFC FIRST Select Credit Card eligibility
- Salaried income
- ₹12,00,000 a year
- Self-employed income
- ₹12,00,000 a year
You need an annual income of ₹12 lakh or more. The bank's pages differ on the minimum age, so please check it with the bank. The bank decides each application.
The bank alone decides approval and your credit limit.
IDFC FIRST Select Credit Card lounge access
4 domestic and 0 international visits a year. Banks often set a spend condition, so read the reward rules above.
Frequently asked questions
What is the annual fee of the IDFC FIRST Select Credit Card?
There is no joining fee and no annual fee. The card is lifetime free.
Is the IDFC FIRST Select Credit Card lifetime free?
Yes. The bank lists the joining fee and annual fee as nil, and there is no spend condition.
What is the eligibility for the IDFC FIRST Select Credit Card?
You need an annual income of ₹12 lakh or more. The bank's pages differ on the minimum age, so please check it with the bank. The bank decides each application.
Does the IDFC FIRST Select Credit Card give airport lounge access?
Yes. You get 1 complimentary domestic airport lounge visit per quarter, which is 4 a year. Spend ₹20,000 in a calendar month to use it in the next month. There is no complimentary international lounge access.
How many reward points does the IDFC FIRST Select Credit Card give?
1X means 1 point per ₹200, and one point is worth ₹0.25. You earn 10X on dining, travel, international spends and birthday spends, 3X on other eligible spends and 1X on utilities, insurance, railways and FASTag. Fuel, EMI transactions and cash withdrawals earn nothing.
Do reward points expire on the IDFC FIRST Select Credit Card?
Yes. Reward Points are valid for 24 months from the date they are credited. Points are earned only on spends up to your credit limit in each billing cycle.
Is there a fuel surcharge waiver on the IDFC FIRST Select Credit Card?
Yes. You get a 1% waiver on fuel transactions between ₹200 and ₹5,000, up to ₹300 per statement cycle. Fuel spends earn no reward points.