IDFC FIRST Wealth Credit Card

Secure application on IDFC FIRST Bank's website

IDFC FIRST Wealth Credit Card
Annual Fee
₹0
Min Income
₹3,00,000
Regular APR
43.8%
Rating
4.5/5

IDFC FIRST Wealth Credit Card

Rewards, Travel, Airport-Lounge, Airline • Card

Welcome Benefit

₹500 gift voucher from your favourite brands on spending ₹5,000 or more within 30 days of card issuance.

Why We Chose It

Opt for this card if you are a high earner seeking a lifetime free credit card with non-expiring reward points, benefits on utilities, rent, and insurance payments, low forex markup, and complimentary lounge access.

Pros

  • Lifetime free credit card with no annual fee.
  • Non-expiring reward points redeemable online.
  • Low forex markup fee of 1.5% on international transactions.
  • Complimentary airport lounge access and spa visits.
  • Comprehensive travel insurance coverage.
  • Buy-one-get-one movie ticket offer up to ₹250 twice a month.
  • Fuel surcharge waiver of 1% on transactions between ₹200 and ₹5,000 (up to ₹400 per month).
  • Access to over 300 merchant offers.
  • Interest-free cash withdrawals worldwide for up to 48 days.
  • EMI conversion available for transactions above ₹2,500.

Cons

  • High income eligibility criteria (₹36 lakh annual ITR for self-employed).
  • Reward program devaluation post-May 2024.
  • Lower reward rates compared to similar cards with annual fees.
  • Spends on utilities and government services no longer contribute to 10X rewards threshold.