Description

IDFC FIRST Classic Credit Card Features and Benefits

The First Classic Credit Card offered by the IDFC First Bank is a lifetime free card issued by the bank. It comes with a decent reward rate and a number of great benefits across different categories. Some of its most important features and benefits are as follows:

Welcome Benefits

• You get a welcome gift voucher worth Rs. 500 on spending over Rs. 15,000 within the first 90 days after receiving your IDFC FIRST Classic Credit Card.
• Get a 5% cashback on your first EMI transaction (if done within 90 days after the card set-up date).

IDFC FIRST Classic Credit Card Rewards:

• You get 3 Reward Points for every offline spend of Rs. 150.
• You get 6 Reward Points for every online spend of Rs. 150.
• You get 10 Reward Points for every Rs. 150 spent on purchases above Rs. 20,000.
• You get 10 Reward Points for every Rs. 150 spent on your birthday.
• Transactions like fuel purchases, EMI transactions, Loan payments, and Cash withdrawals are not eligible for Reward Points.
• The Reward Points you earn through your IDFC FIRST Classic Credit Card do not expire ever.

Rewards Redemption

• The Reward Points you earn can be redeemed easily & instantly on online transactions or at partner stores.
• 1 Reward Point = Rs. 0.25.
• The IDFC FIRST Classic Credit Card doesn’t charge any reward redemption fee, i.e., you can redeem your rewards for free.

Travel Benefits

You get 16 complimentary Railway Lounge access every year (4 per quarter).

Movie & Dining Benefits

• You get a 25% discount on movies (up to Rs. 100) once every month.
• Get a discount of up to 20% on dining across over 1,500 restaurants.

Insurance Benefits

• An insurance cover worth Rs. 2 lakhs in case of accidental death of the cardholder.
• Coverage of Rs. 25,000 is provided in case of a lost card.

Other Benefits

• You get complimentary Road Side Assistance worth Rs. 1,399 up to four times a year.
• Get a discount of up to 15% at more than 3000 Health & Wellness outlets.
• Get over 50 discount offers In-app online spends.

Fuel Surcharge Waiver

You get a 1% fuel surcharge waiver across all fuel stations in India. The maximum surcharge waiver is capped at Rs. 200 per month.

IDFC First Classic Credit Card Fees and Charges

There are various fees and charges associated with the IDFC First Classic Credit Card. Some of the important ones are as follows:

• The IDFC First Classic Credit Card comes with zero joining and annual fee, i.e, it is a lifetime free credit card.
• The interest rate on this credit card is 0.75% to 3.5% per month.
• The foreign currency markup fee on the IDFC First Classic Credit Card is 1.99% of the total transaction amount.
• The cash advance fee on this credit card is 2.5% of the withdrawn amount.

IDFC FIRST Classic Credit Card Eligibility Criteria

The eligibility requirements that need to be fulfilled in order to get approved for the IDFC First Classic Credit Card are as follows:

• The minimum eligible age required for this credit card is 21 years.
• The applicant should either be salaried or self-employed with a decent monthly income.
• The applicant should have a decent credit score.

Documents Required

The documents required to apply for the IDFC First Bank Classic Credit Card are listed below:

• Aadhar Card, Voter’s Id, Driving License, PAN Card, or Passport as an identity proof.
• Latest months’ utility bills, Aadhar Card, or Passport as an address proof.
• You will also need to submit your latest salary slips/latest bank statements, or latest audited ITR.

How To Apply For The IDFC First Classic Credit Card?

You can apply for the IDFC First Classic Credit Card online as well as offline at your convenience. To apply offline, visit your nearest IDFC First Bank branch with all the required documents and apply for the card by filling out the physical application form. To apply online, you will have to follow a few simple steps as mentioned below:

• Visit the IDFC First Bank’s official website.
• Click on the option ‘Credit Cards.’
• Click on the option ‘Classic.’
• Now, click on Apply Now and proceed further by filling in all the required details.