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

IDFC FIRST Bank Classic Credit Card (4.5)

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If you're seeking a credit card that offers premium rewards without any lifetime fees, then the IDFC FIRST Classic Credit Card is an excellent option to consider! This card provides a 10x reward points bonus on your birthday, 6X & 3X Reward Points on online & offline purchases, discounts on movie tickets, free access to railway lounges, free roadside assistance, insurance coverage, and much more. Keep reading to learn more about its benefits.

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
  • Welcome voucher worth ₹500 on spending ₹15,000 or more within 90 days of card issuance.
  • 5% cash back on the first EMI transaction within 90 days of card issuance.
Lounge Access

Free 16 Railway lounge visits annually (4 per quarter).

Reward Points

10x reward points on all spending above ₹20,000.
6X & 3X Reward Points
on online & offline purchases respectively for spends up to ₹20,000 per month.
Reward Rate: 
0.5% to 1.6%

Note: Reward Points are not awarded for transactions like fuel purchases, EMI transactions, loan payments, and cash withdrawals.

Insurance Benefit
  • ₹2 lakh insurance policy in the event of the cardholder's accidental demise.
  • Coverage of ₹25,000 is offered for missing cards. 
Fuel Surcharge

1% fuel surcharge waiver at all fuel stations across India up to ₹200/month.

Note: Applicable only on transaction values between ₹200 & ₹5000.

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
Other Benefit
  • Up to 4 times yearly, users receive free roadside assistance worth ₹1,399.
  • Up to 15% off is available at more than 3000 Health & Wellness locations.
Dining Benefit

Get up to 20% off on meals at one of more than 1,500 restaurants.

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

3.50%

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. It does not charge an annual fee.
  2. It offers a rewards program to earn points on purchases.
  3. It offers an interest-free period on purchases, allowing users to save on interest charges.
  4. No max cap on earning reward points.
Cons

Aspects this credit card lacks.

  1. The rewards program may have limited options for redemption, limiting the value of the rewards earned.
  2. Gold and Jewellery linked transaction is not permitted for conversion.
IDFC FIRST Bank Classic 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

(3.5)

IDFC FIRST Bank Classic Credit Card Review

The IDFC FIRST Classic Credit Card is a budget-friendly option that offers benefits and rewards. While the rewards program is a key highlight of the card, enabling users to earn points on their transactions and save on interest charges through an interest-free period, it's important to note that the card also comes with some limitations. For instance, some users may find the rewards options to be limited or not as appealing as those offered by other credit cards. Nonetheless, the IDFC FIRST Classic Credit Card may be worth considering for those seeking a lifetime free credit card option.

Cards similar to IDFC FIRST Classic Credit Card:

1. Axis Bank Ace Credit Card
2. HDFC Moneyback Credit Card
3. SBI SimplyClick Credit Card

Overview 

Best Suited Rewards & Online Shopping.
Rewards Up to 10X Rewards points that never expire.
Welcome Bonus Cashback of 5% on the first EMI transaction plus a gift voucher worth ₹500.
Annual/Joining Fee Free for lifetime.

 

Who should get IDFC FIRST Bank Classic Credit Card?

This card is the perfect choice for individuals who value convenience, rewards, and a seamless shopping experience. Whether a customer is a foodie looking to indulge in delicious meals, a frequent traveler in need of fuel, or someone who enjoys the comfort of shopping for groceries, this card has got the customer covered. With its exclusive benefits, such as exciting reward points, exclusive discounts, and a hassle-free experience, the IDFC FIRST Classic Credit Card is the ideal choice for anyone who wants to make the most of their daily spending. So, if customers are looking for a credit card that offers a perfect combination of benefits and convenience, this card is the right choice for them!

Rewards Points

IDFC FIRST Classic Credit Card users can earn 10x reward points on all spends above ₹20,000. Unlimited reward points can be accumulated under the IDFC FIRST rewards program,

  • For every ₹150 spent offline, users receive 3 reward points

  • For each ₹150 spent online, users receive 6 reward points.

  • For every ₹150 spent on purchases over ₹20,000, users receive 10 Reward Points.

  • For every ₹150 spent on birthdays, users receive 10 Reward Points.

  • The reward points accrued are never expiring, unlimited, and easy to redeem.

  • Reward Points are not awarded for transactions like fuel purchases, EMI transactions, loan payments, and cash withdrawals.
    Note- 1 Reward Point = ₹0.25

How to apply for IDFC FIRST Bank Classic Credit Card? 

Users can apply for IDFC FIRST Classic Credit Card online and offline according to their comfort. If users want to apply offline, they can simply visit their nearest branch with all the required documents and fill in the physical application form for a card. However, if a user prefers online methods, he/she can apply for the IDFC FIRST Credit Card through the bank's official website. To do so, here are the steps to follow:

  • Visit the website of IDFC FIRST Bank.

  • Click on the option of “personal banking”.

  • Choose the tab called “Cards”.

  • Click on “credit cards”.

  • Select the option of “apply” on the credit card page.

  • Once done, enter primary details.

  • A bank representative will get in touch regarding the next steps.

IDFC FIRST Bank Classic 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 Cards 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

Total Cards:

22,36,817
IDFC FIRST Bank Credit Card News
15 Dec 2023, Friday
1. LIC Cards, IDFC First Bank, and Mastercard Join Hands to Launch Co-Branded Credit Cards.

IDFC First Bank, LIC Cards, and Mastercard have announced their joint venture to launch an exclusive co-branded credit card to cater to the dynamic financial needs of the country. In a joint statement released on Thursday, the credit card comes in two variants - LIC Classic and LIC Select. The credit cards offer policyholders across the country an opportunity to save reward points on every LIC insurance premium payment.
Apart from the reward points, the credit card also comes with a host of other benefits, including up to Rs 50,000 cover for lost card liability and personal accident insurance cover of up to Rs 5 lakh. The additional benefits will be extended to LIC policyholders who opt for this credit card, along with co-brand benefits. This initiative is expected to benefit more than 27 crore policyholders across India. 
 

11 Apr 2023, Tuesday
2. IDFC FIRST Bank launches co-branded fuel credit card

Targeting the lifestyle needs of its consumers, as well as improving their savings on mobility and utility spends, IDFC FIRST Bank has partnered with HPCL to launch two co-branded cards. The two new cards are being named FIRST Power and FIRST Power+. Bankers can apply for the FIRST Power and FIRST Power+ cards through the bank’s website, its app for select bank branches, and select HPCL pumps and stations.

IDFC FIRST Bank Classic Customer Reviews

Overall Rating

3

Based on 1 reviews

Rating Summary

5
0%
4
0%
3
100%
2
0%
1
0%

Review Analytics

Fees 0 votes

Interest Rate 0 votes

Rewards 0 votes

Benefits 0 votes

Customer Service 0 votes

Frequently Asked Questions

A convenience fee of Rs. 99 plus any applicable taxes must be paid in order to use your reward points.

The reward points accumulated on the IDFC FIRST Bank Credit Card have no expiration date. Reward points for cardholders never expire.

The reward points are instantly redeemable for purchases made online and at partner stores. Here, 1 reward point is equal to Rs. 0.25.

With their IDFC FIRST Classic Credit Card, cardholders in India can visit a participating lounge four times for free in a calendar quarter.

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