IDFC FIRST Bank Credit Card Interest Rates

IDFC FIRST Bank credit cards are available in several categories, the most common of which are lifestyle and incentives. These credit cards are designed expressly to meet the needs and expectations of their clients.

IDFC FIRST Credit Cards speak about a comprehensive rewards points program as well as cheaper interest rates.

IDFC Bank Credit Card Interest Rate 2024

Here is the table for the IDFC credit card rate of interest-

Type of Credit Card

IDFC Credit Card Interest Rate

IDFC FIRST Millenia Credit Card

0.75% and 2.99% per month

IDFC FIRST Wealth Credit Card

0.75% and 2.99% per month

IDFC FIRST Classic Credit Card

0.75% - 2.99% per month

IDFC FIRST Select Credit Card

0.75% to 2.99% per month

Features of the IDFC First Bank Credit Cards

Every IDFC Bank credit card is designed to provide you with unique benefits. However, the following are some common benefits that are available on almost all credit cards-

 

  • IDFC FIRST Bank provides credit cards with no annual or joining fees for the rest of your life. You can earn benefits such as reward points, cashback, fuel benefits, dining benefits, and much more for free.

    You can apply for any of these credit cards based on your eligibility and needs.
  • All IDFC credit cards provide you with welcome benefits that are free of charge. You will receive free e-vouchers from top brands as well as extra cashback on your first EMI spend. Given that these credit cards have no annual fees, the welcome benefits they provide are adequate.
  • You can earn reward points on your purchases with each credit card. These reward points can be earned in a variety of ways, including shopping, travel, dining, and more.

    The rewards rate on these cards, however, is determined by the variant of your credit card. You can use these reward points to make online and in-store purchases.

Top IDFC First Bank Credit Cards

  • IDFC FIRST Millenia Credit Card
  • IDFC FIRST Select Credit Card
  • IDFC FIRST WOW Credit Card
  • IDFC FIRST Classic Credit Card
  • IDFC FIRST Wealth Credit Card

Note: The IDFC First Bank credit cards do not have a joining fee or any other annual charges.

IDFC FIRST Millenia Credit Card

With this card, for any purchases over Rs.20,000 you can earn 10x reward points and more.

IDFC FIRST Select Credit Card

Through this credit card, you get 10x reward points on purchases made on your birthday.

IDFC FIRST WOW Credit Card

Every transaction with this card can earn 4x reward points.

IDFC FIRST Classic Credit Card

This card has 3x reward points on offline purchases and several other benefits.

IDFC FIRST Wealth Credit Card

The IDFC First Wealth Credit Card offers you four free visits to domestic and international airport lounges, among other benefits.

Features of the Various Credit Cards Available at IDFC First Bank

Here are the major IDFC First Bank Credit card features for reference

How to Apply for the IDFC First Credit Card?

The process to apply for the credit card of IDFC First Bank is mentioned below-

  1. Visit the IDFC FIRST Bank website.
  2. Select the 'personal banking' option.
  3. Select the 'Cards' option.
  4. Select 'credit cards.'
  5. On the credit card page, click the 'apply' button.
  6. After that, enter your primary information.
  7. A bank representative will contact you to discuss the next actions to be taken.

You can check the status of the application on the website. The actions to take are as follows-

Step 1: Go to the portal and select 'Track Application.'

Step 2: Enter your application ID and cell phone number, then click 'Track Application.'

Step 3: The status of the application will be displayed on the screen.

Eligibility Criteria Applicable IDFC CC

To be eligible for an IDFC FIRST Credit Card, you must meet the following basic eligibility criteria-

  • To apply for Credit Cards of IDFC First Bank, applicants must be at least 21 years old.
  • You must be a salaried worker to apply for Credit Cards.

Documents Needed to Apply for the Credit Card IDFC First Bank

The documents that are required are as follows-

Proof of Address

  • Passport
  • Driving License
  • Voters ID card

Proof of Identity

  • Bank statement
  • Voter ID card
  • Pension book
  • Driving license

Proof of Income

When is IDFC First Bank Interest Rate Charged?

If payment is made between the Minimum Amount Due and Total Amount Due values, an interest rate on purchases, cash advances, and outstanding balances due will be charged.

Interest-Free Period of IDFC First Bank Credit Cards

If you obtain a Credit Card, you will be charged 0% interest on cash withdrawals for the first 48 days. When you fully pay your outstanding bills by the due date, you qualify for the credit card grace period.

Benefits of the Credit Cards from IDFC First Bank

  • With the credit card of IDFC FIRST Bank, you can withdraw cash from an ATM without incurring interest for up to 48 days. This will be applicable to all IDFC FIRST Bank credit cards.
  • Benefits of Cashback: A 5% cashback is offered on your first EMI transaction made with your credit card within the first 90 days of card activation.
  • Insurance Advantages: With your IFDC FIRST Bank credit card, you'll get Personal Accident Coverage of up to Rs.10 lakh as well as complimentary Lost Card Liability Coverage of up to Rs.50,000.
  • Vehicle Advantages: The credit cards have free Roadside Assistance worth Rs.1,399.
  • Lower Interest Rates: IDFC FIRST Bank boasts that their credit cards have some of the lowest interest rates available. Starting at 0.75% per month or 9% yearly, the interest rate can rise to 3.99% per month, which is lower than the interest rate on many other banks' credit cards.
  • Welcome Benefits: With every credit card, receive a gift voucher after spending Rs. 15,000 in the first 90 days of issuance of the card.

Other Bank’s Credit Card Interest Rate

SBI Credit Card Interest Rate

Axis Bank Credit Card Interest Rate

Bank of Baroda Credit Card Interest Rate

HDFC Bank Credit Card Interest Rate

Canara Bank Credit Card Interest Rate

ICICI Bank Credit Card Interest Rate

IndusInd Bank Credit Card Interest Rate

IDFC FIRST Bank Credit Card Interest Rate

Kotak Mahindra Bank Credit Card Interest Rate

YES Bank Credit Card Interest Rate

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