IDFC Bank First Classic Credit Card
Rewards & Benefits
Welcome Benefits
Users will get a gift voucher worth Rs 500 on spending Rs 15000 in the first 3 months and 5% cashback (up to Rs1000) on the transaction value of the first EMI done within 30 days of card generation.
Milestone Benefits
Cashback Rate
Users will get 1 reward point per₹150 spent, and the value of 1 reward point is ₹0.25.
3X reward points on spends till ₹20,000 in a statement cycle, cashback rate: 0.50%.
10X reward points on crossing spends of ₹20,000 in a statement cycle & on your birthday, cashback rate: 1.66%.
1X reward points on Insurance premium and Utility bill payments. cashback rate: 0.16%.
Movie Benefits
25% discount on movie tickets up to ₹100 on the Paytm mobile app (valid once per month).; Customers can get discounts of upto 20% across 1,500 restaurants and 25-75% discounts on movie tickets every month.
Dining Benefits
Other Benefits
Complimentary roadside assistance worth ₹1,399.; Fuel surcharge waiver of 1%, at all fuel stations across India, up to ₹200/month.
Lounge Access
Fees & Charges
Joining Fee
INR 0
Annual Fee
INR 0
Cash Advance Fee
Cash withdrawal fee - INR 199.
Interest rate
0.75% - 3.5% (Monthly). Annual Interest Rate - 9% - 42%.
Late Payment Fee
Late payment fee: charged depending on the customer’s Total amount due; ranges from Rs. 100 - 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.
दोष
Low effective cashback rate of 0.25%.
Card provides limited offers and value add services to its users in comparison to other cards.
Welcome Benefits: Users will get gift voucher worth Rs 500 on spending Rs 15000 in the first 3 months and 5% cashback (up to Rs1000) on the transaction value of first EMI done within 30 days of card generation.
Reward System: Users will get 1 reward point per₹150 spent, and the value of 1 reward point is ₹0.25. 3X reward points on spends till ₹20,000 in a statement cycle, cashback rate: 0.50%. 10X reward points on crossing spends of ₹20,000 in a statement cycle & on your birthday, cashback rate: 1.66%. 1X reward points on Insurance premium and Utility bill payments. cashback rate: 0.16%.
25% discount on movie tickets up to ₹100 on the Paytm mobile app (valid once per month).
4 complimentary railway lounge visits per quarter.
Complimentary roadside assistance worth ₹1,399.
Fuel surcharge waiver of 1%, at all fuel stations across India, up to ₹200/month.
Lifestyle benefits: Complimentary airport lounge and golf access.
Customers can get discounts of upto 20% across 1,500 restaurants and 25-75% discounts on movie tickets every month.
पक्ष विपक्ष
Welcome Benefits
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पुरस्कार प्रणाली
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अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप
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स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण
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Eligibility Criteria
Age: 21 years & above.
Indian resident with permanent residential address.
Annual Income of INR 3 Lakh or more.
विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?
You can apply for the IDFC First Classic Credit Card online or at any IDFC First Bank branch. Here are the steps on how to apply for the card online:
Go to the IDFC First Bank website and click on the "Apply for a Credit Card" tab.
Select the "First Classic Credit Card" from the list of cards.
Enter your personal details, such as your name, email address, and contact number.
Enter your employment details, such as your employer's name and your income.
Upload a copy of your PAN card and your latest salary slip.
Submit your application.
An IDFC First Bank representative will contact you to verify your details and to process your application. If your application is approved, you will receive your credit card within 7-10 working days.
सम्पर्क करने का विवरण
Toll Free No: 1860 258 2000
Whatsapp banking (for registered Nos): Numbers to connect: 95555 55555
Email us at Banker@idfcfirstbank.com
खाता खोलने की प्रक्रिया और प्रक्रिया
विशेष विशेषता, पात्रता और लाभ
Pros:-
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Cons:-
Welcome Benefits: Users will get gift voucher worth Rs 500 on spending Rs 15000 in the first 3 months and 5% cashback (up to Rs1000) on the transaction value of first EMI done within 30 days of card generation.
Reward System: Users will get 1 reward point per₹150 spent, and the value of 1 reward point is ₹0.25. 3X reward points on spends till ₹20,000 in a statement cycle, cashback rate: 0.50%. 10X reward points on crossing spends of ₹20,000 in a statement cycle & on your birthday, cashback rate: 1.66%. 1X reward points on Insurance premium and Utility bill payments. cashback rate: 0.16%.
25% discount on movie tickets up to ₹100 on the Paytm mobile app (valid once per month).
4 complimentary railway lounge visits per quarter.
Complimentary roadside assistance worth ₹1,399.
Fuel surcharge waiver of 1%, at all fuel stations across India, up to ₹200/month.
Lifestyle benefits: Complimentary airport lounge and golf access.
Customers can get discounts of upto 20% across 1,500 restaurants and 25-75% discounts on movie tickets every month.
Low effective cashback rate of 0.25%.
Card provides limited offers and value add services to its users in comparison to other cards.
IDFC Bank First Classic Credit Card comes with a number of benefits, however, most of these benefits will be rarely used by a middle class individual. There are many beginner level credit cards which are offering better set of benefits than IDFC Bank First Classic Credit Card.
IDFC Bank First Classic Credit Card comes with a number of benefits, however, most of these benefits will be rarely used by a middle class individual. There are many beginner level credit cards which are offering better set of benefits than IDFC Bank First Classic Credit Card.
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
उत्पाद समीक्षा
फीस एवं प्रभार
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ईंधन अधिशुक्ल
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Billing Cycle
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