IDFC First Select Credit Card Review

Abhijeet Saxena

31 Mar 2022

IDFC First Select Credit Card was launched in January 2021.
The card has a number of unique features which make it stand out among other similarly situated cards.

Card Profile and eligibility


  • IDFC First Select Credit Card has been launched by IDFC First Bank.

  • It was launched in January 2021.

  • The card has a number of unique features which make it stand out among other similarly situated cards.

  • Applicant should be above 18 years.

  • The minimum CIBIL score of the applicant should be 750. ​


Unique Features


  • Lifetime Free, no hidden fee.

  • Reward points never expire.

  • Dynamic interest rate model, based on the user’s profile. Interest rates range from 9% p.a. and can go up to 35.88% p.a. Best rated customers (basis loyalty, timely payment and other factors) can avail a preferential rate of 9% p.a. (0.75% per month).

  • ​Complimentary Road Side Assistance (RSA) all over India, up to 4 times in a year worth ₹ 1399 on your IDFC FIRST Select Credit Card through Global Assure.


Features And Fees


  • Annual Fee: INR 0

  • Joining Fee: INR 0

  • Dine out Discount: Yes - Across 1500 restaurants

  • On Spend Of INR 100: You get 1 reward point

  • Late Payment Fee: 15 % of Total Amount Due (subject to a minimum of `100 and a maximum of `1000)

  • 100% Fuel Surcharge Waiver: NO - only waiver of surcharge upto INR 200 per month

  • Reward Point Expiry: Never

  • On Purchases In-Store: You get 3x reward points

  • ATM Cash Withdrawal Fee: INR 250

  • Accident Insurance: Yes - Upto INR 5 Lakh

  • 1 Reward Point Value: INR 0.25

  • On Online Purchases: You get 6x reward points

  • Interest: Dynamic interest rate model, based on the user’s profile. Interest rates range from 9% p.a. and can go up to 35.88% p.a. Best rated customers (basis loyalty, timely payment and other factors) can avail a preferential rate of 9% p.a. (0.75% per month).

  • Free Movie Ticket: Yes - Twice per month for tickets up to INR 250

  • Free Airport Lounge Access: You get 4 per quarter.


Here we do a detailed review of IDFC First Select Credit Card, we cover all points including pros, cons, interest rate, late payment fee, unique features, movie tickets, eligibility criterion etc: