Welcome Benefits: Users will get a gift voucher worth INR 500 on spending INR 5,000 in the first 3 months and 5% cashback (up to INR 1,000) on the transaction value of the first EMI done within 30 days of card generation.
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IDFC Bank First Millennia Credit Card
Rewards & Benefits
Welcome Benefits
Welcome Benefits: Users will get a gift voucher worth INR 500 on spending INR 5,000 in the first 3 months and 5% cashback (up to INR 1,000) on the transaction value of the first EMI done within 30 days of card generation.
Milestone Benefits
None.
Cashback Rate
The value of 1 reward point is INR 0.25.
3X reward points on spends till INR 20,000 in a statement cycle.
General Cashback Rate: 0.50%
10X reward points on incremental spends above INR 20,000 in a statement cycle & on your birthday.
Special Cashback Rate above INR 20,000: 1.67%
1 reward point on insurance premium and Utility bill payments.
Utility+ Cashback Rate: 1.6%
Movie Benefits
25% off on movie tickets upto INR 100 on booking tickets via District app.
Dining Benefits
Offers on dining and shopping from IDFC from time to time.
Other Benefits
Lifetime free credit card.
Offers on dining and shopping from IDFC from time to time.
One of the lowest interst rate.
Digital Rupay card can be availed by credit card user, which can be linked to UPI.
25-75% on movie tickets every month, and Upto 25% across 1,500 restaurants.
4 free railways lounge visits every quarter.
Personal accident cover of INR 2 Lakhs.
Free complimentary roadside assistance 4 times a year.
Lounge Access
4 free railways lounge visits every quarter.
Rewards & Benefits
Welcome Benefits
Welcome Benefits: Users will get a gift voucher worth INR 500 on spending INR 5,000 in the first 3 months and 5% cashback (up to INR 1,000) on the transaction value of the first EMI done within 30 days of card generation.
Milestone Benefits
None.
Cashback Rate
The value of 1 reward point is INR 0.25.
3X reward points on spends till INR 20,000 in a statement cycle.
General Cashback Rate: 0.50%
10X reward points on incremental spends above INR 20,000 in a statement cycle & on your birthday.
Special Cashback Rate above INR 20,000: 1.67%
1 reward point on insurance premium and Utility bill payments.
Utility+ Cashback Rate: 1.6%
Movie Benefits
25% off on movie tickets upto INR 100 on booking tickets via District app.
Dining Benefits
Offers on dining and shopping from IDFC from time to time.
Other Benefits
Lifetime free credit card.
Offers on dining and shopping from IDFC from time to time.
One of the lowest interst rate.
Digital Rupay card can be availed by credit card user, which can be linked to UPI.
25-75% on movie tickets every month, and Upto 25% across 1,500 restaurants.
4 free railways lounge visits every quarter.
Personal accident cover of INR 2 Lakhs.
Free complimentary roadside assistance 4 times a year.
Lounge Access
4 free railways lounge visits every quarter.
Fees & Charges
Joining Fee
INR 0
Annual Fee
INR 0
Cash Advance Fee
Cash withdrawal fee - INR 199
Interest rate
Monthly Interest Rate - 0.75% - 3.5%. Annual Interest Rate - 9% - 42%
Late Payment Fee
Late payment fee: 15% of Total Amount Due (subject to a minimum of ₹100 and a maximum of ₹1250).
Foreign Currency Transactions Fee
Forex Mark up - 3.5%
Other Fees
Fuel Surcharge: 1%, waived upto INR 200 per statement cycle. | Redemption fee: INR 99
Fees & Charges
Joining Fee
INR 0
Annual Fee
INR 0
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Monthly Interest Rate - 0.75% - 3.5%. Annual Interest Rate - 9% - 42%
Late Payment Fee
Late payment fee: 15% of Total Amount Due (subject to a minimum of ₹100 and a maximum of ₹1250).
Foreign Currency Transactions Fee
Forex Mark up - 3.5%
Other Fees
Fuel Surcharge: 1%, waived upto INR 200 per statement cycle. | Redemption fee: INR 99
Special Features
Lowest interest rate.
Eligibility Criteria
Age: 21 years & above.
Indian resident with permanent residential address.
Annual Income of INR 3 Lakh or more.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Here are the steps on how to apply for an IDFC First Millennia Credit Card:
Visit the IDFC First Bank website and click on the "Apply for Credit Card" tab.
Select the IDFC First Millennia Credit Card from the list of cards.
Enter your personal details, such as your name, address, and contact information.
Enter your employment details, such as your employer's name and your salary.
Enter your income details, such as your monthly income and your annual income.
Upload a copy of your PAN card and a recent passport-size photograph.
Submit your application.
IDFC First Bank will review your application and get back to you within 7-10 working days. If your application is approved, you will receive your credit card within 2-3 weeks.
Contact Details
Toll Free No: 1860 258 2000
Whatsapp banking (for registered Nos): Numbers to connect: 95555 55555
Email us at Banker@idfcfirstbank.com
Account Opening and Procedure
IDFC First Millenia Credit Card is a feature rich card. However, it is most suitable for people who are students or have just started earning. It has a very low cashback rate and it lacks lot of premium features.
IDFC First Millenia Credit Card is a feature rich card. However, it is most suitable for people who are students or have just started earning. It has a very low cashback rate and it lacks lot of premium features.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai