IDFC FIRST Wealth Credit Card
Joining Fee: No joining fee
Renewal Fee: No renewal fee
Reward Type: Reward Points
Welcome Benefits
Welcome Gift Vouchers: Receive vouchers worth ₹500 upon spending ₹15,000 within 90 days of card issuance.
First EMI Cashback: Get 5% cashback on the first EMI purchase made within 30 days of card activation.
Rewards
Earning Points:
- 3X Reward Points on all offline and online spends (up to ₹20,000).
- 10X Reward Points for incremental spends above ₹20,000.
- 10X Reward Points on all birthday spends.
- 1 Reward Point per ₹150 spent on utilities.
Exclusions: 10X Reward Points do not apply to fuel, insurance, EMI transactions, education, wallet load, government services, and cash withdrawals. Education, wallet load, and government services earn 3X Reward Points.
Points Expiry: Reward Points do not expire.
Reward Redemption
Redemption: Points can be redeemed on the Poshvine portal for shopping vouchers from popular e-commerce sites like Amazon, Flipkart, Myntra, etc.
Value: 1 Reward Point equals ₹0.25.
Movie and Dining Perks
Movie Tickets: Enjoy a BOGO (Buy One Get One) offer on movie tickets via the Paytm app, with up to 2 complimentary tickets each month, capped at ₹250 per ticket.
Dining Discounts: Avail up to 20% instant discount on dining bills at over 1,500 restaurants.
Travel Benefits
Airport Lounge Access: 4 complimentary domestic and international lounge accesses per quarter. Spend ₹20,000 in a month to qualify for lounge and spa benefits in the following month.
Railway Lounge Access: 2 complimentary accesses per quarter.
Airport Services: Free meet and greet services, discounts on fast-track immigration, and other services at over 450 global destinations.
Airport Limousine Service: Discounts available in over 3,000 cities across 80 countries.
Concierge Service: Assistance with flight bookings, hotel reservations, dining, and other experiences.
Hotel Benefits: Access to over 900 hotels worldwide with luxury perks such as room upgrades, in-room WiFi, VIP status, continental breakfast, and 3 PM check-out.
Travel Insurance: Comprehensive cover of USD 1,200.
Spa Visits: Complimentary spa visits every quarter.
Golf Benefits
Complimentary Golf Rounds: Enjoy one free golf round for every ₹20,000 spent in the previous month, up to 2 complimentary rounds per month.
Insurance Benefits
Travel Insurance Covers:
- Air Accident: ₹1 crore
- Loss of Check-in Baggage: USD 500
- Delay of Check-in Baggage: USD 100
- Loss of Passport/Documents: USD 300
- Flight Delay: USD 300
Personal Accident Cover: ₹10 lakh
Lost Card Liability Cover: ₹50,000
Summary
The IDFC First Wealth Credit Card offers a compelling package for those in the premium category. With a lifetime free membership, competitive interest rates, and a low foreign currency markup fee, it presents a strong value proposition. The card provides an array of benefits typically expected from premium credit cards, including complimentary airport lounge access and free golf rounds. While the value of Reward Points is relatively lower at ₹0.25 per point compared to some competitors, the overall benefits significantly outweigh this minor drawback. For those seeking a premium credit card, the IDFC First Wealth Credit Card is certainly worth considering.