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

IDFC FIRST Bank Millennia Credit Card (4.5)

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The IDFC Bank in India offers the First Millennia Credit Card, which is designed to give its customers special travel and shopping benefits with the privileges to access train lounges. It includes a number of additional perks that are common among credit cards in the mid-level category. Moreover, users can earn reward points and cashback on transactions across various categories to fully utilise the benefits of this card.

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% cashback (up to ₹1,000) on EMI transactions done within the first 90 days of card issuance.
Travel Benefit

4 complimentary Railway lounge visits per quarter.

Insurance Benefit
  • Personal accident covers of ₹2 lakhs.
  • Lost card liability covers of ₹25,000.

Note: Valid on doing at least one transaction using a card in the last 30 days.

Fuel Surcharge

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

EMI Benefit

Convert transactions of ₹2500 or more into easy EMI.

Other Benefit

15% discount at health & wellness outlets.

Dining Benefit

Dining discount of up to 20% at over 1500 restaurants.

Reward Points
  • 10X reward points every time your expenses reach ₹20,000.
  • 10X reward points on transactions that you make on your birthday.
  • 6X reward points on every online purchase.
  • 3X reward points on all your offline expenses.
  • 1 reward point when you spend ₹100 on your credit card.
  • Reward Rate: 0.5% to 1.67%
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. The card offers various Insurance covers.
  2. The card gives a 1% Fuel Surcharge Waiver on all petrol pumps.
  3. It gives free access to railway lounges.
  4. It offers reward points on various purchases.
  5. The card is a Lifetime Free Card.
Cons

Aspects this credit card lacks.

  1. The zero-card liability does not cover any loss due to data breaching or server hacking.
  2. No access to airport lounges.
  3. The card doesn’t provide concierge services.
  4. A convenience fee of ₹ 99 is levied on the redemption of Reward Points.
  5. Reward points cannot be earned on fuel , EMI and insurance transactions.
IDFC FIRST Bank Millennia Rating & Reviews

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

Charges

(3)

Rewards

(3)

Customer Service

(3)

IDFC FIRST Bank Millennia Credit Card Review

The IDFC First Millennia Credit Card offers some really useful benefits for its users. This includes discounts and cashback on shopping, movies and health & wellness centres. Ease of EMI Conversions and fuel surcharge waiver along with the opportunity of earning reward points are also some of the benefits that this card covers. The card does not charge any joining or annual fee for all these benefits. That is why users might have to compromise on some aspects like, there is no access to airport lounges, reward points can not be earned on fuel and other such transactions. Moreover, to redeem the reward points, users might have to pay a fee of ₹99 in the form of a convenience fee.

Overview

Best for 

Shopping & Travel 
Joining Fee  Free
Annual Fee Free
Welcome Bonus Voucher worth ₹500 & cashback up to ₹1,000
Card Network Visa


Who should get the IDFC FIRST Bank Millennia Credit Card?

The IDFC FIRST Bank Millennia Credit Card is an ideal choice for users who frequently spend significantly on shopping and travel and are looking forward to earning rewards and cashback on these categories. And as this card doesn’t charge any joining or annual fee, users may find the IDFC First Bank Millennia Credit Card to be beneficial.

Reward Points

With the IDFC FIRST Bank Millennia Credit Card, users can earn unlimited never-expiring reward points on all of the transactions as categorised below.

1X = 1 point on every ₹150 spent

1 point = ₹0.25

 

Categories Reward Points (per ₹100 spent)
Spends above ₹20,000 10X pts.
Online Spends 6X pts.
Offline Spend 3X pts.
Spends on Birthday 10X pts.

Note: Some transactions, such as fuel, EMI, insurance transactions, and cash withdrawals, are not eligible for reward points.

How to apply for IDFC FIRST Bank Millennia Credit Card?

IDFC First Millennia Credit Card can be applied for online and offline as well. To apply offline, simply visit the nearest branch with all the required documents and fill in the physical application form. However, if the online method is preferred, then follow the below-mentioned steps:

Step 1: Visit the IDFC FIRST Bank Website. 

Step 2: IDFC FIRST Bank Millennia Credit Card will be listed under the Cards section.

Step 3: Click on “Apply Now” and start the application process.

Step 4: Fill in all the required details and upload all the necessary documents to complete the process.

IDFC FIRST Bank Millennia Credit Card Eligibility 

To be eligible for an IDFC FIRST Bank Credit Card, you must meet the following criteria:

  • Age: You should be at least 21 years old and not more than 65 years old.
  • Credit Score: You should have a good credit score. Most banks require a credit score of 750 or above to qualify for a credit card.
  • Income: While there is no specified minimum salary requirement for IDFC FIRST Bank Credit Card, you will need to have a stable source of income to be eligible. This could be in the form of salary, self-employment income, or any other regular source of income. The bank will assess your income and expenses to determine your creditworthiness and ability to make timely payments on the card. 
  • Citizenship: You should be a citizen of India.

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:

28,92,557
IDFC FIRST Bank Credit Card News
02 May 2024, Thursday
1. IDFC First Bank implements utility transaction fee change

IDFC First Bank has declared that starting May 1, 2024, there will be a modification in its policy for credit card payments of utility bills. As per the revised policy, a 1% surcharge, along with GST, will be levied on credit card payments for utility bills that exceed Rs. 20,000 in a statement cycle. However, this additional charge will not be applicable for transactions made with the FIRST Private Credit Card, LIC Classic Credit Card, and LIC Select Credit Card.

04 Apr 2024, Thursday
2. IDFC First Bank Announces Credit Card Devaluation.

IDFC First Bank announced a devaluation of their credit card rewards program, effective from 1 May 2024. Here's a breakdown of the key changes:

  • Reduced reward points: Across all cards, reward points are now earned at a rate of 3 points per every Rs. 150 spent, compared to the previous system that offered higher points for specific categories like online shopping.

  • Lounge access changes: For most cards, complimentary airport lounge access now requires a minimum spend of Rs. 20,000 in the previous calendar month.

  • Charges on utility bill payments: A 1% surcharge applies to total utility bill payments exceeding Rs. 20,000 in a statement cycle (except for Private, LIC Classic and LIC Select cards).

  • Rent payments: A fee of Rs. 249 or 1% (whichever is higher) is charged on rent payments made through the credit card.

There are some exceptions to these changes, particularly for the IDFC FIRST Bank Private Credit Card, which remains largely unaffected.

15 Dec 2023, Friday
3. 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
4. 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 Millennia Customer Reviews

Overall Rating

5

Based on 1 reviews

Rating Summary

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

Fees 0 votes

Interest Rate 0 votes

Rewards 0 votes

Benefits 0 votes

Customer Service 0 votes

Frequently Asked Questions

For those seeking a credit card with no annual fee that provides respectable rewards on both online and offline purchases, the IDFC FIRST Millennia Credit Card is the best option. For first-time and moderate spenders, it is a good credit card.

With your IDFC FIRST Millennia Credit Card, you can visit four participating Indian railway lounges for free each calendar quarter.

On IDFC First credit cards, the reward points that have been earned never expire. Purchases can be made using the reward points. The value of one RP is 25 paise. Additionally, gift cards from Amazon, Flipkart, Myntra, and Big Basket can be purchased using reward points.

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