IDFC First Bank Classic Credit Card

Card Intro

Welcome Benefits

Welcome Gift voucher worth Rs. 500 on spending Rs. 5000 or more within 30 days of card issuance and 5% cashback (up to Rs. 1000) on the transaction value of first EMI done within 30 days of card issuance.

Interest Free Period

20 to 48 Days

Payment Gateway

Visa/Mastercard/Rupay

Card Fees

Joining Fee(once)

LFT - Life Time Free

Annual Fee(2nd year onwards once)

LFT – Life Time Free

Add-on Card Fee

Nil

Annual Fee Waive off

N/A

Card Features, Rewards and Benefits

Cashback

Nil

Rewards

10X Reward Points for every ₹150 spent on incremental purchases above ₹20,000 per month and on the cardholder’s birthday, except for Rental & Property Management and Utility transactions.

6X Reward Points on online purchases and 3X Reward Points on offline purchases for spends up to ₹20,000 per month.

3X Reward Points on Rental and Property management transactions and 1 Reward Point on Insurance premium payments and Utility bill payments for every ₹150 spent.

Milestone Benefits

Nil

Fuel Surcharge Waiver

1% for transactions between Rs. 200 to Rs. 5000.
Up to Rs. 200 per statement

Dining

Up to 20% discount at 1500+ restaurants – IDFC FIRST Bank Offers & Privileges.

Movie Benefits

Buy movie tickets on the Paytm mobile app and get up to 25% discount, up to Rs. 100. This offer is valid once per month.

Lifestyle Benefits

Nil

Travel Benefits:

Nil

Lounge Benefits

For Domestic Railway lounges – 4 complimentary Railway lounge visits per quarter via DreamFolks.

Hotel Benefits

Nil

Insurance Benefits

Complimentary Personal Accident Insurance Cover of up to Rs. 2 lakh.

Complimentary Credit Card Fraud Liability cover of Rs. 25000 on reporting unauthorized transactions within 24 hours of loss/theft of the card.

Concierge Benefits

Complimentary Roadside Assistance (RSA) all over India, up to 4 times in a year worth Rs. 1,399 through Global Assure.

Health Benefits

Nil

Card Charges

Cash Payment fees at branches

Nil

Cash Withdrawal Fees or Cash Advance Fees

Rs. 199

Card Replacement Fees

Rs. 100.

Rs. 149 for Cards with image personalisation.

Charge slip Retrieval Fee

Nil

Cheque Payment Fee

Nil

DCC Markup Fees(Dynamic & Static Currency Conversion Markup Fee)

3.5% on International transaction

Duplicate Statement Fee

Nil

Emergency Card Replacement (When Abroad)

N/A

EMI Processing Fees

Rs. 99 or 1% of the transaction amount (whichever is higher)

Finance Charges

0.75% to 3.65% per month (9% to 43.8% per annum)

Foreign Currency Transaction fee(Forex Charges)

3.5% of the transaction value

Late Payment charges

15% of Total Payment Due (minimum Rs. 100 to maximum of Rs. 1300)

Nil if Total Payment Due is less than Rs. 100
Rs. 100 if total payment due is Rs. 500
Rs. 750 if total payment due is Rs. 5,000
Rs. 1200 if total payment due is Rs. 10,000
Rs. 1300 if total payment due is greater than Rs.10,000

Outstation Cheque Fee

Nil

Over Limit Fees

2.5% of the over limit amount (Min Rs. 550)

Payment (cheque/ECS/NACH/Auto Debit Reversal) Dishonor Fees

2% of the payment amount subject to Min. Rs.500

Payment of Customs duty

N/A

Priority Pass Lounge Charges

N/A

Railway Tickets Surcharge

as per IRCTC website

Rental Transaction Fee

1% of transaction value, minimum of Rs. 249 per transaction

Reward Points Redemption Fee

Rs. 99

Any Other Charges

N/A

Terms & Conditions!

* Goods & Service Tax(GST) applicable on all fees, interest and other charges. All fees, charges, rewards, or any other terms can change at any time. Always read the Terms and Conditions on the Bank’s page.