The Ultimate Guide to IDFC First Bank Credit Cards
IDFC First Bank Credit Cards offer a wide range of benefits designed to cater to your lifestyle and financial needs:
Lifetime Free Credit Card: Enjoy all these benefits without any annual fee.
Reward Points: Earn 6X Rewards on online spends, 10X Rewards on monthly spends above Rs. 20,000, and 10X Rewards on all birthday spends. No expiry date for reward points.
Shopping Perks: Use your reward points for shopping.
Fuel Surcharge Waiver: Get a 1% fuel surcharge waiver up to Rs. 200 per month.
Movie Discounts: Enjoy 25% off on movie tickets once a month via PayTm.
Super Save Interest Rate: Benefit from a low-interest rate starting from 0.75% to 3.5% per month.
Restaurant Discounts: Get up to 20% discount across 1500 restaurants.
Insurance Protection: Includes personal accident cover and lost card liability cover.
Fees and Charges
Lifetime Free: There are no annual or joining fees for these credit cards.
Eligibility Criteria
To be eligible for the IDFC First Bank Credit Card, you must meet the following criteria:
Employment: Salaried or self-employed.
Age Group: 21+ years.
Income: Rs. 30,000/month for salaried individuals, or Rs. 5 lakh and above tax return for self-employed applicants.
Credit Score: Above 710.
Location: Available for residents of 50 cities. Please check the PIN Code.
Existing Customers: Current IDFC First Bank customers are not eligible.
Documents Required
You will need to provide the following documents:
Aadhaar Card
PAN Card
Address Proof
Income Proof: Salary Slip (past 3 months)
How to Apply: Step-by-Step Process
Initial Step: Click the link given below and enter your basic information, then submit.
Personal Information: Enter name as per Aadhaar, DOB, and mobile number. Click on 'Get OTP'. Enter the OTP, accept the T&Cs, and click 'Proceed'.
PAN and Address: Enter PAN card number, gender, current address, and Pincode. Click on 'Proceed'.
Employment Details: Enter occupation, company name, net monthly salary, and click 'Continue'. The system will display eligible credit card options.
Document Upload: Select bank and upload the last 3 months' bank statements. Document upload requirements may vary based on the chosen offer.
Personal Details: Enter additional details like marital status and parents' names. Click 'Proceed'.
Office Details: Enter office address, phone number, and office email ID. Select card preference and click 'Proceed'.
Complete KYC: Submit Aadhaar card number, enter OTP received on the mobile number, and click 'Submit'.
Video KYC: Complete live Video KYC. You can connect immediately or schedule it for later.
Final Verification: After the final verification, if the customer matches all criteria, the card application will be approved. The credit card will be delivered within 14-20 working days.
FAQs
1. Is the IDFC First Bank Credit Card really lifetime free? Yes, the IDFC First Bank Credit Card is lifetime free. There are no annual or joining fees.
2. How can I redeem my reward points? You can use your reward points for a variety of options, such as shopping, travel, or converting them to vouchers. Simply log in to your account and choose how you want to use your points.
3. What is the fuel surcharge waiver? You get a 1% fuel surcharge waiver up to Rs. 200 per month when you use your IDFC First Bank Credit Card for fuel purchases.
4. Can existing IDFC First Bank customers apply for this credit card? No, current customers of IDFC First Bank are not eligible to apply for this credit card.
5. What documents are needed for the application? You need to provide an Aadhaar Card, PAN Card, address proof, and income proof like a salary slip.
