IDFC First Bank - Wealth Credit Card
Card Intro
Welcome Benefits
Welcome Gift voucher worth Rs. 500 on spending Rs. 5000 or more within 30 days of card issuance.
5% cashback up to Rs. 1000 on first EMI transaction, applicable once on transactions done (within 30 days of card set-up) with tenure of 6 months and above.
Interest Free Period
20 to 48 Days
Payment Gateway
Visa
Card Fees
Joining Fee(once)
Lifetime Free (LFT) - No joining fee
Annual Fee(2nd year onwards once)
Lifetime Free (LFT) – No joining fee and no annual fee
Add-on Card Fee
Nil
Annual Fee Waive off
Lifetime Free (LFT) – No joining fee and no annual fee
Card Features, Rewards and Benefits
Cashback
Nil
Rewards
10X Reward Points for every Rs. 150 spent on incremental purchases above Rs. 20,000 per month and on Cardholder’s Birthday.
3X Reward Points for spends up to Rs. 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. 400 per statement
Dining
Nil
Movie Benefits
Buy one movie ticket at Paytm mobile app and get upto Rs. 250 off on the second ticket for a maximum of 2 bookings in a month. (BOGO on Paytm mobile app)
Lifestyle Benefits
Visa Infinite Offers and Up to 2 complimentary golf rounds per month, on minimum monthly spends of Rs. 20,000.
Travel Benefits:
Reduced Forex Charges
Lounge Benefits
For Domestic – 8 complimentary lounge access and spa visits per year, 2 every quarter, on minimum monthly spends of Rs. 20,000.
For Domestic Railway lounges – 4 complimentary Railway lounge visits per quarter via DreamFolks.
For International Lounges – 8 complimentary lounge access per year, 2 every quarter, on minimum monthly spends of Rs. 20,000.
Hotel Benefits
Nil
Insurance Benefits
Complimentary personal Air Accident Insurance Cover of up to Rs. 1 crore.
Complimentary Personal Accident Insurance Cover of up to Rs. 10 lakh.
Complimentary Credit Card Fraud Liability cover of Rs. 50000 on reporting unauthorized transactions within 24 hours of loss/theft of the card.
Complimentary Cancellation For Any Reason (CFAR) Insurance cover up to Rs. 10,000 on 2 claims, available for hotel and flight booking cancellations. (Trip Cancellation Cover)
Concierge Benefits
Nil
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 and 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)
1.5% of the transaction value
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)
1.5% 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.