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| Monthly Spend | ₹5K | ₹10K | ₹20K | ₹50K | ₹100K |
|---|---|---|---|---|---|
| Net Reward Yield | 1.1% | 1.1% | 1.0% | 1.6% | 2.0% |
| Est. Monthly Reward (₹) | 55 | 110 | 215 | 825 | 2,075 |
| All-India Rewards Rank* | 22 | 35 | 66 | 40 | 19 |
| Within Bank Rank* | 1 | 1 | 1 | 1 | 1 |
| * Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here. | |||||
The FIRST Wealth Credit Card is the best credit card for most IDFC FIRST Bank customers.
For the first ₹30,000 spent in a month, this card gives effective rewards of 1.5% for all online purchases while offline spending earns 0.75%, for an average net reward yield of 1.1%.
However, this card really shines if you spend more than ₹30,000 in a month. All spending in excess of this amount each month earns a flat 2.50% reward, resulting in a net reward yield of 2%+ if you charge more than ₹1 lacs in a month.
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
| Card | FIRST Wealth Credit Card |
|---|---|
| Card Type | Reward |
| Reward Features | – 6 Reward Points / 100 spent online
– 3 Reward Points / 100 spent offline – 10 Reward Points / 100 on all spends above Rs. 30,000 each month |
| Milestone Rewards | Nil |
| Other Rewards | – 4 Complimentary Domestic and International Airport Lounge Visits / Qtr
– 2 complimentary Golf rounds / month for every ₹20,000 of monthly statement spends – Up to 20% discount at 1500+ restaurants – Up to 15% discount at 3000+ Health & Wellness outlets |
| Rewards Redemption Fee | ₹99 |
| Reward Caps | Unlimited |
| Preferred Redemption Method | Redeem for shopping vouchers @ 0.25 / reward point |
| Card | FIRST Wealth Credit Card | |
|---|---|---|
| Joining Fee | Nil | |
| Annual Fee | Nil | |
| Min. Annual Credit Card Spend for Fee Waiver |
Nil | |
| Income Criteria | Salaried | ₹3 Lacs |
| Self-employed | N/A | |
| Supplementary Card Fee | Free | |
| Interest Rate | 42.00% p.a. | |
| Foreign Currency Markup | 1.50% | |
| Cash Advance Charge | ₹199 / transaction | |
Questions? Suggestions? See a mistake? Write to us!
Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.
160+ credit cards in India offer some form of airport lounge access. We select the cards with the best cost-benefit for complimentary airport lounge access in India and overseas.
4 Reward Points / ₹150 on all spends, 20% discount at 1500+ restaurants & 15% discount at 3000+ Health & Wellness outlets.
