IDFC FIRST Select Credit Card

The IDFC FIRST Select Credit Card is a premium credit card that offers exceptional benefits and privileges without any joining fee. It is carefully designed to cater to various lifestyles and spending habits. With this card, customers can earn reward points that never expire, providing long-term value. The card comes with unlimited rewards and all-round benefits across multiple categories, including incremental rewards, a welcome voucher, lounge access, and perks for movies, golf, and dining. Its superior features, along with being a lifetime free credit card, make it an excellent choice for those seeking evergreen reward points for both online and in-store purchases.

Key Highlights of IDFC FIRST Select Credit Card

  • Joining fee & annual fee: Nil. It is free for the lifetime credit card.
  • Suitable for: Rewards on all online and in-store transactions.
  • Savings: Most customers save Rs. 10,400 annually with IDFC FIRST Select Credit Card.
  • Joining benefit: Welcome voucher worth Rs. 500 on spending equal to or more than Rs. 15,000 within 90 days of card issuance.
  • EMI conversion facility: Can be done through mobile on transactions above Rs. 2,500.
  • Rate of Interest (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.
  • Evergreen reward points: Earn unlimited reward points that never expire.
  • Minimum Net Monthly Income: Rs. 25,000.

Features and Benefits of IDFC FIRST Select Credit Card

Welcome Voucher: Get a ₹500 voucher when you spend ₹15,000 or more within 90 days of getting the card.
EMI Cashback: Get 5% cashback (up to ₹1000) on your first EMI transaction within 30 days of getting the card.
Movie, Online, and Dining Discounts: ‘Buy one, get one’ offer on movie tickets up to ₹250 on Paytm mobile app (valid twice per month). Enjoy discounts at various restaurants and health & wellness outlets.
Domestic Airport Lounge Visits: Get 4 complimentary lounge visits per quarter on minimum monthly spends of ₹5000.
Railway Lounge Visits: Enjoy 4 complimentary railway lounge visits per quarter.
Cancellation Insurance: Get cancellation cover for 2 claims up to ₹10,000 for hotel and flight booking cancellations.
Concierge Service: Access a personalized service for booking dining, staycation, flights, and activities.
Roadside Assistance: Benefit from complimentary roadside assistance worth ₹1,399.
Fuel Surcharge Waiver: Get a 1% fuel surcharge waiver at all fuel stations across India, up to ₹300 per month.
Air Accident Cover: Enjoy an air accident cover of ₹1 crore.
Personal Accident Cover: Get a personal accident cover of ₹5,00,000 and lost card liability cover of ₹50,000.
Comprehensive Travel Insurance: Avail a travel insurance cover of ₹22,500.
Balance Transfer: Conveniently transfer balances from other bank credit cards with the balance transfer privilege.

Please note that eligibility norms apply for some of these benefits.

IDFC FIRST Select Credit Card Fees and Charges

No Annual Fee: This credit card does not have any annual fee.
Low Interest Rates: The interest rates on this credit card are quite low, ranging from 0.75% to 3.5% per month (equivalent to 9% to 42% per annum).
Over-Limit Charges: If you exceed your credit limit, there will be an Over-Limit charge of 2.5% of the over-limit amount, with a minimum charge of ₹500.
Forex Markup: For international transactions, there will be a Forex Markup of 1.99% added to the transaction amount.
Late Payment Fee: If you miss paying your credit card bill on time, you will be charged a Late Payment Fee of 15% of the Total Amount Due, subject to a minimum of ₹100 and a maximum of ₹1250.
Interest-Free Cash Withdrawals: You can withdraw cash from both domestic and international ATMs without any interest for up to 48 days. There is a Cash Advance Fee of only ₹199 per transaction.

IDFC FIRST Select Credit Card Eligibility

  • Age must be between 21 to 65 years.
  • Annual income of Rs 12 Lakhs or more.
  • Applicant should have a good credit score.

Documents Required for IDFC FIRST Select Credit Card

Address Proof: You can use any of the following documents as address proof – Passport, Aadhaar Card, Voter ID, or Ration Card.
Identity Proof: For identity verification, you can submit any of the following – Passport, Aadhaar Card, or Driving License.
Income Proof: To show your income, you can provide Form 16, Income Tax Returns, or your Salary Slip.

How to apply for IDFC FIRST Select Credit Card?

To apply for the IDFC FIRST Select Credit Card, follow these steps:

  1. Open the IDFC FIRST Select Credit Card page by clicking this link:
  2. On the page, click on the ‘Apply Now’ button to start the application process.
  3. You will be redirected to an application form. Provide your personal information, contact details, income details, and other necessary details as requested.
  4. Upload the required documents, such as identity proof, address proof, income proof, etc., as per the bank’s requirements.
  5. Review and submit the application.

Your application for the IDFC FIRST Select Credit Card will be reviewed, and if approved, you will receive the card at your registered address.

Frequently Asked Questions (FAQs) –

Q1: What is the IDFC FIRST Select Credit Card?

The IDFC FIRST Select Credit Card is a premium credit card offered by IDFC FIRST Bank. It is designed to provide exclusive benefits, rewards, and privileges to enhance your lifestyle and financial experiences.

Q2: How can I apply for the IDFC FIRST Select Credit Card?

You can apply for the IDFC FIRST Select Credit Card online through the official website of IDFC FIRST Bank. The application process typically involves filling out an online form and submitting the necessary documents.

Q3: What are the key features of the IDFC FIRST Select Credit Card?

The IDFC FIRST Select Credit Card comes with a range of features including high spending limits, attractive reward programs, complimentary airport lounge access, and exclusive discounts on dining, travel, and lifestyle expenses.

Q4: What are the eligibility criteria for the IDFC FIRST Select Credit Card?

Eligibility criteria may vary, but typically include factors such as age, income, credit score, and employment status. It is advisable to check the specific requirements on the bank’s official website or contact their customer service for accurate information.

Q5: What is the credit limit offered on the IDFC FIRST Select Credit Card?

The credit limit depends on various factors, including your income, credit history, and the bank’s internal policies. The bank will determine the credit limit based on the information provided during the application process.

Q6: What rewards and benefits does the IDFC FIRST Select Credit Card offer?

The IDFC FIRST Select Credit Card offers a variety of rewards, including cashback, reward points, and exclusive discounts. It may also provide complimentary access to airport lounges, concierge services, and other lifestyle privileges.

Q7: How can I check my IDFC FIRST Select Credit Card balance and transactions?

You can check your credit card balance and transactions through the IDFC FIRST Bank’s online banking portal, mobile app, or by contacting their customer service. Additionally, monthly statements are sent to your registered email address.

Q8: Is there an annual fee for the IDFC FIRST Select Credit Card?

The annual fee and other associated charges may vary. It’s recommended to review the terms and conditions provided by the bank or contact their customer service for detailed information on fees and charges.

Q9: How do I redeem the rewards earned on my IDFC FIRST Select Credit Card?

The redemption process for rewards may vary. Typically, you can redeem rewards through the bank’s online portal or customer service. The bank will provide details on how to redeem points for cashback, merchandise, or other benefits.

Q10: What should I do if my IDFC FIRST Select Credit Card is lost or stolen?

In case of a lost or stolen card, it is crucial to immediately report it to the bank’s customer service. They will guide you through the process of blocking the card to prevent unauthorized transactions and assist in issuing a replacement card.