IDFC FIRST Bank
IDFC FIRST Bank Wow Credit Card
Annual Fee
Lifetime FreeBase Reward
0.67% cashback
Foreign Markup
0%
Welcome Benefits
5% Cashback on the first EMI transaction within 90 days of card activation.
Product Highlights
- 4x Reward Points on every ₹150 spent
- 24/7 Concierge Services
Category Rewards
Specialty
4X RP on online + offline + international
0.5%
Specialty
4X RP on online + offline + international
0.5%
Specialty
4X RP on online + offline + international
0.5%
Reward Calculator
Earns ₹330/year (net)
Modest gain. Solid hold if you like the perks.
₹13K
across all your buckets
1.3K
IDFC FIRST Reward Points
₹330
via standard · ₹0.25/pt
Effective rate
0.21%
Annual fee
FREE
Year 1 net
+₹330
Year 2+ net
+₹330
ongoing
Adjust your spend by reward bucket
2 bucketsSurcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Excluded from rewards
fuel, emi, cash advance
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
Earn up to 5% cash back on all purchases. 20% discount at over 1500 restaurants. Up to 15% discount at over 3000 Health & Wellness outlets.
Redemption
1 Reward Point = ₹0.25.
Benefits & Features
Airport lounge access.
Pros & Cons
Pros
- 1% Fuel surcharge waiver
- 24/7 concierge service
- Personal Accident cover of ₹2,00,000
- Zero forex markup fee
- Easy EMI conversion for purchases above ₹2,500
Cons
- No reward points on Fuel & Insurance Transactions
- Gold and Jewellery linked transactions are not permitted for conversion
- High interest rate from 9% to 42%
- No cashback on specific categories like dining or travel
- Limited acceptance in remote areas
Additional Info
Excluded Categories
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Min Age
21 yrs
Networks