IDFC First Bank Select Credit Card - Features, Benefits, Fees & Charges

IDFC FIRST Bank Select Credit Card (4.8)

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Select is a premium credit card offered by IDFC FIRST Bank in India. It is designed for individuals seeking a rewards-based credit card with various benefits and flexible payment options. It provides a unique rewards program allowing users to earn generous cashback and discounts on all purchases.

Features and Benefits

Aspects that make spending using this card lit as the sun!

Welcome Bonus
Travel
Fuel
Rewards
Shopping
Cashback
Dining
Insurance
Interest
Lounge
Welcome Bonus
  • Gift voucher worth ₹500 after spending ₹15,000 or more within 90 days of card issuance.

  • 5% cashback on EMI transactions within the first 90 days.

Travel Benefit
  • Enjoy up to 4 free lounge visits per quarter at selected domestic airports in India and 4 complimentary railway lounge access.
  • Complimentary roadside assistance worth ₹1,399.
Milestone Benefit

10X Reward Points on incremental purchases greater than ₹25,000 per billing cycle.

Insurance Benefit

Insurance cover for:

  • Air Accident Cover - ₹1 Crore
  • Travel - ₹22,500 
  • Accident Cover - ₹5,00,000
  • Lost Card Liability - ₹50,000

Note- All these insurance benefits are subject to the bank’s criteria.

Fuel Surcharge

1% surcharge waiver on fuel transactions at petrol pumps across India, with a maximum discount of ₹300.

Concierge Services
  • Exclusive 24/7 Concierge Services to book flights, dining and other activities.
  • Phone No: 1860 258 2000 (India) 
  • Email ID: creditcard@idfcfirstbank.com
Entertainment Benefit
  • Get a Buy 1 Get 1 offer on movie ticket bookings on PayTM app.
  • Up to 2 complimentary movie tickets worth ₹250 each per month
Reward Points
  • 10X reward points on expenses over  ₹25,000.
  • 10X reward points on transactions made on your birthday.
  • 6X reward points on your online purchases.
  • 3X reward points on every offline expense.
  • Get 1 reward point every time you spend ₹100.
Dining Benefit

Discount of up to 20% on dining at participating restaurants.

Other Benefit

Up to 15% discount at 3000+ Health & Wellness outlets.

Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Charges

Joining Fee

Free

Annual Fee

Free

Annual Percentage Rate

42%

Add-on Card Fee

Free

Minimum Repayment Amount

5%

Cash Withdrawal Fee

₹ 199

Cash Advance Limit

NA

Card Replacement Fee

₹ 100

Foreign Transaction Fee

1.99%

Over Limit Penalty

2.50%

Fuel Transaction Surcharge

1%

Reward Point Value

₹ 0.25
Late Payment Charges

Any Amount Due

15 % of Total Amount Due subject to a minimum of ₹ 100 and a maximum of ₹ 1250.
Pros

Aspects that make this credit card amazing.

  1. The card offers a 1% Fuel surcharge waiver.
  2. It comes with 24/7 concierge service.
  3. Personal Accident cover of ₹ 5,00,000.
  4. Low forex markup fee of 1.99%.
  5. Offer 10X reward points on purchases above ₹ 25,000.
Cons

Aspects this credit card lacks.

  1. No reward points on Fuel & Insurance Transactions.
  2. Gold and Jewellery linked transaction is not permitted for EMI conversion.
  3. It charge high-interest from 9% to 42%.
  4. All merchants may not accept the card, especially in remote or rural areas.
IDFC FIRST Bank Select Rating & Reviews

This is the truth, the whole truth, and nothing but the truth; brought to you by the other users.

Charges

(4)

Rewards

(3.5)

Customer Service

(3)

IDFC FIRST Bank Select Credit Card Review

The IDFC FIRST Select Credit Card offers a premium payment experience with a range of benefits and services. New cardholders can enjoy a welcome gift voucher worth ₹500 and 5% cashback on EMI transactions within the first 90 days of card issuance. The card also provides access to exclusive lounge facilities, roadside assistance, movie and dining discounts, and insurance covers. With accelerated reward points, low forex markup fees, and a fuel surcharge waiver, it's an ideal option for frequent travelers. However, it's worth noting that the card comes with certain terms & conditions for insurance and rewards, and some of its benefits may not be useful for everyone. Nonetheless, the IDFC FIRST Select Credit Card may be worth considering for those seeking a premium credit card option.

Overview

Best Suited  Rewards & Online Shopping.
Rewards 10x Rewards for every ₹125 spent on purchases above ₹25,000.
Welcome Bonus Gift voucher worth ₹500 and a cashback of 5% on the first EMI transaction done within 90 days of card activation
Annual/Joining Fee No joining fee.

 

Who Should Opt for IDFC FIRST Bank Select Credit Card? 

The IDFC FIRST Select Credit Card is ideal for individuals seeking an all-around credit card experience. This card comes with a wide range of benefits, including gift vouchers, travel benefits, movie & dining benefits, insurance benefits, and more. With its 5% cashback on EMI transactions, airport lounge access, fuel surcharge waiver, complimentary movie tickets, and discounts on dining, this card caters to users’ diverse needs. Additionally, its low forex markup fee, insurance coverage, and reward points program make it a smart financial tool. With its 24/7 concierge services and flexible payment options, the IDFC FIRST Select Credit Card offers a convenient and seamless payment experience. Get the best of both worlds with this all-encompassing credit card.

Reward Points

IDFC FIRST Select Credit Card offers decent rewards on purchases. Also, the reward points come with no expiry date and relatively easy redemption options. Users will get the following:

 
1X= 1 Reward Point per ₹125 spent 1 Reward Point= ₹0.25

 

  • 10X Reward Points on incremental purchases greater than ₹25,000 per billing cycle

  • 10X Reward Points on Birthday

  • 6X Reward Points on all online purchases

  • 3X Reward Points on all offline purchases

Reward Points earning and a 10X threshold are not applicable for Fuel, EMI, Insurance transactions, and Cash Withdrawals.

How to Apply for IDFC FIRST Select Credit Card?

If the user is an offline person, just head over to the nearest IDFC FIRST Bank branch with the required documents, and fill out a physical application form.

For those who prefer the convenience of online applications, simply follow these simple steps:

Step 1: Visit the IDFC FIRST Bank website and navigate to the credit card section.

Step 2: Select the IDFC FIRST Select Credit Card from the available options.

Step 3: Fill out the online application form with personal and financial details.

Step 4: Upload the required documents, such as identity proof and income proof.

Step 5: Submit the application and wait for the bank's decision.

It's always a good idea to carefully review the terms and conditions of the credit card before applying and to consult with a financial advisor or the bank in case of any questions or concerns.

IDFC FIRST Select Credit Card Eligibility

Applicants must be at least 18 years of age and have a steady source of income to be eligible for a credit card.

Documents Required

  • Proof of identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI or any other government-approved photo ID proof.
     
  • Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government-approved address proof.
     
  • Proof of Income: Latest one or two salary slips (not more than 3 months old), latest Form 16, and the last 3 months’ bank statement.

IDFC FIRST Bank Issued & Spends

Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!

Bank name:

IDFC FIRST Bank

IDFC FIRST Bank Credit Card Customer Care Number:

1860 500 9900

IDFC FIRST Bank Card Offers:

View Offers
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IDFC FIRST Bank Select Customer Reviews

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Frequently Asked Questions

A borrower must be at least 21 years old and have a CIBIL score of at least 750 out of 900. Have a consistent record of income and employment.

No, the IDFC FIRST Select Credit Card reward points do not expire. This means you can collect points over time and redeem them whenever you want.

The IDFC FIRST Select Credit Card is free for life, which means there are no annual or joining fees. Furthermore, the card offers attractive reward points on every transaction made with the card, making it an excellent choice for those looking for a low-maintenance credit card with added benefits.

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