IDFC CLASSIC CREDIT CARD

IDFC FIRST Bank Classic Credit Card is best suitable to rewards seekers. Most customers save Rs. 7,600 annually by using this card. The card provides exceptional value with 10X reward points, great discounts, low-interest rates, and insurance coverage. On top of that, it is free for life as IDFC FIRST Classic Credit Card does not involve any joining and annual fees.

Key Highlights

Key Highlights of IDFC FIRST Bank Classic Credit Card

The key highlights of the IDFC FIRST Bank Classic Credit Card are given below:

Joining fee: Nil.
Annual fee: Nil.
Suitable for: Rewards and savings.
Savings: Most customers save Rs. 7,600 annually by using this card.
Welcome voucher: worth Rs. 500 on spending equal to or above Rs. 15,000 within 90 days of card issuance.
EMI conversion facility: Available on transactions above Rs. 2,500.
Interest Rates (APR): 0.75% to 3.5% per month (9% to 42% per annum).
Interest-free cash withdrawals: Applicable on domestic and international ATMs for up to 48 days.
Reward points: Earn unlimited reward points that never expire.
Age: 21 to 65 years.
Minimum Net Monthly Income: Rs. 25,000.
Merchant offers: 300+ Merchant offers available all year long.

Features & Benefits

Features & Benefits of IDFC FIRST Bank Classic Credit Card

IDFC FIRST Bank Classic Credit Card offers the following features and benefits:

Joining Benefits

Welcome voucher valued at Rs. 500 on spending Rs. 15,000 or more within 90 days of card generation.
5% cashback (maximum Rs. 1,000) on the transaction value of first EMI done within 90 days of the card issuance.

Reward Points

10X reward points on incremental spends of above Rs. 20,000 per month as well as spends done on your birthday.
6X and 3X reward points on online and offline purchases respectively, for spending up to Rs. 20,000 per month.
Earn unlimited reward points that will never expire.
You can use accumulated reward points instantly to pay for online or in-store purchases.
1X = 1 Reward point per Rs. 150 spent
1 Reward point = ₹0.25

Lounge Visits

4 complimentary railway lounge visits each quarter.

Insurance

Complimentary Roadside Assistance valued at Rs. 1,399
Personal Accident Cover worth Rs. 2,00,000.
Lost Card Liability Cover worth Rs. 25,000.
Offer valid on doing at least one transaction with FIRST Classic Credit Card within the last 30 days.

Discounts

25% discount (maximum Rs. 100) on movie ticket booking on Paytm mobile app (offer valid once per month).
Up to 20% discount at 1,500+ restaurants.
Up to 15% discount at 3,000+ Health & Wellness outlets.

Purchases to EMI Conversion

Convert all your transactions above Rs. 2,500 into easy Equated Monthly Instalments (EMIs) from your mobile app.
Instant EMI conversion of all online transactions above Rs. 2,500 on the IDFC FIRST Bank’s OTP page

Credit Card Balance Transfer

Transfer balances from your other bank credit cards conveniently with IDFC’s balance transfer privilege.
Convert your outstanding balance into easy EMIs with flexible tenure of 3 to 18 months.

Fuel Surcharge Waiver

1% fuel surcharge waiver at all fuel stations across India.
Benefits available up to Rs. 200 per month

Fees & Charges

IDFC FIRST Bank Classic Credit Card Fee & Charges

The IDFC FIRST Bank Classic Credit Card fees and charges are mentioned below in detail:

Joining fee: Nil
Annual fee: Nil
Add-on card fee: Nil
Cash advance fee: Rs. 250 per transaction
Interest rate (APR) on purchases, cash advances & outstanding balances due: 0.75% to 3.5% per month (9% to 42% per annum).
FIRST Private Credit Card: Rs. 50,000
Overdue interest: 3.99% per month (47.88% per annum)
Over-limit charges: 2.5% of the over-limit amount, subject to a minimum of Rs. 500
Late payment charges: 15% of the total amount due, subject to a minimum of Rs. 100 & a maximum of Rs. 1,250.
Forex markup: 3.5% for all international transactions
Image personalisation fee: Rs. 499
Return of cheque/ auto-debit/ payment return: Rs. 250 per returned cheque/ auto-debit/ payment return.
Card replacement fee: Rs. 100
EMI fees: 1% of the transaction value, subject to a minimum of Rs. 99.
Reward redemption fee: Effective from 01.10.2022, Rs. 99 per redemption transaction.
Goods and Service Tax (GST): GST (presently 18%), as notified by the Government of India, is applicable on all the charges mentioned above.

Eligibility

IDFC FIRST Bank Classic Credit Card Eligibility

Below are the IDFC FIRST Bank Classic Credit Card eligibility criteria:

Minimum net monthly income: Rs. 25,000 (subject to change).
Age: Applicant must be aged between 21 to 65 years in order to apply for an IDFC FIRST Bank Credit Card.
Citizenship: Applicant must be an Indian resident having a current and permanent residential address within India.
Location: IDFC FIRST Bank maintains a set of cities which are allowed for sourcing cards.
Credit bureau history: Applicant should have a good credit score and no evidence or history of defaulting on loans/ missing payments on loans or credit cards.
Internal policy criteria: IDFC FIRST Bank runs certain internal policy criteria to choose a customer for issuing credit cards. Internal policy criteria are usually based on the applicant’s bureau history, any existing relationship with the bank, customer demographics, and credit exposure. The final decision to issue a credit card to the applicant is at the bank’s sole discretion, according to the mentioned internal policies.

Document Required

HDFC Regalia First Credit Card Document Required

If you want Regalia First HDFC Credit Card apply online with the following documents:

Address Proof (any one of the following):
- Aadhaar Card
- Passport
- Voter ID
- Ration Card
Identity Proof (any one of the following):
- Aadhaar Card
- PAN Card
- Passport
- Driving License
Income Proof:
- Salary Slips
- Form 16
- Income Tax Returns

How to Apply

How to Apply for IDFC FIRST Millennia Credit Card?

Open the IDFC FIRST Millennia Credit Card page by clicking the https://www.idfcfirstbank.com/credit-card/millennia link.
Click on the Apply Now button.
Enter your name as per your Aadhaar Card.
Enter your date of birth.
Mention your mobile number.
Click on the Get OTP button.
Enter the OTP received on your mobile phone.
You will soon receive a call from the bank’s representative regarding taking the application process ahead.
Alternatively, you can also apply for an IDFC FIRST Millennia credit card through our website or by visiting the nearby IDFC FIRST Bank branch.

IDFC CLASSIC CREDIT CARD