IDFC FIRST Classic Credit Card
Joining Fee: No joining fee
Renewal Fee: No renewal fee
Reward Type: Reward Points
Welcome Benefits
Welcome Gift Voucher: ₹500 voucher for spending over ₹15,000 within the first 90 days.
First EMI Cashback: 5% cashback up to ₹1,000 on the first EMI transaction if completed within 90 days.
Rewards Structure
- Offline Purchases: 3x Reward Points for every ₹150 spent.
- Online Purchases: 6x Reward Points for every ₹150 spent.
- High-Value Purchases: 10x Reward Points for every ₹150 spent on purchases above ₹20,000.
- Birthday Purchases: 10x Reward Points for every ₹150 spent on your birthday.
- Exclusions: No Reward Points for fuel purchases, EMI transactions, loan payments, or cash withdrawals.
- Point Expiry: Reward Points do not expire.
Rewards Redemption
- Redemption Options: Points can be redeemed instantly for online transactions or at partner stores.
- Value of Points: 1 Reward Point = ₹0.25.
- Convenience Fee: ₹99 plus taxes for reward redemption.
Travel Benefits
- Railway Lounge Access: 16 complimentary accesses per year (4 per quarter).
- Roadside Assistance: Complimentary service worth ₹1,399, available up to four times a year.
Movie & Dining Perks
Movie Discount: 25% off (up to ₹100) on movies via the Paytm app, once per month.
Dining Discount: Up to 20% off at over 1,500 restaurants.
Insurance Coverage
Personal Accident Cover: ₹2 lakhs.
Lost Card Coverage: ₹25,000.
Additional Benefits
Roadside Assistance: Complimentary service worth ₹1,399, available up to four times a year.
Health & Wellness Discounts: Up to 15% off at over 3,000 outlets.
Partner Offers: Access to over 300 partner merchant offers throughout the year.
Fuel Surcharge Waiver
Surcharge Waiver: 1% waiver on fuel surcharges at all fuel stations in India, capped at ₹200 per month.
Fees and Charges
Joining and Annual Fee: Zero joining and annual fee (lifetime free).
Interest Rate: 0.75% to 3.5% per month.
Foreign Currency Markup Fee: 3.5% of the transaction amount.
Cash Advance Fee: ₹199 per transaction.
Summary
The IDFC FIRST Classic Credit Card offers a comprehensive range of exclusive benefits and reward offers typically expected from a premium card, all without any joining or renewal fees. This lifetime-free card stands out with its low-interest charges and extensive perks, including travel benefits, dining and movie discounts, insurance coverage, fuel surcharge waivers, and complimentary roadside assistance. If you're seeking a credit card with no fees and a broad array of valuable rewards and benefits, the IDFC FIRST Classic Credit Card is an excellent choice.