IDFC FIRST Bank
IDFC First Millennia Credit Card
Annual Fee
Lifetime FreeBase Reward
1.67% cashback
Foreign Markup
3.50%
Welcome Benefits
Welcome voucher worth ₹500 on spending ₹15,000 or more within 90 days of card issuance.
Product Highlights
- Lifetime free card with no annual fee.
- 10X reward points on spends above ₹20,000.
- 4 complimentary railway lounge visits per quarter.
Category Rewards
utilities
1X RP utility & insurance
0.167%
Specialty
1X RP utility & insurance
0.167%
Reward Calculator
Earns ₹1,860/year (net)
Modest gain. Solid hold if you like the perks.
₹16K
across all your buckets
7.4K
IDFC FIRST Reward Points
₹1.9K
via standard · ₹0.25/pt
Effective rate
0.97%
Annual fee
FREE
Year 1 net
+₹1,860
Year 2+ net
+₹1,860
ongoing
Adjust your spend by reward bucket
3 bucketsSurcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, cash advance, emi, education, wallet loads, government, insurance
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
10X reward points on spends above ₹20,000, 10X reward points on transactions made on your birthday, 6X reward points on every online purchase, 3X reward points on all offline expenses, and 1 reward point for every ₹100 spent.
Redemption
1 reward point = ₹0.25 against statement.
Benefits & Features
Domestic: 4 complimentary visits per quarter via railway lounges. Complimentary lounge access with 4 visits per quarter at railway lounges. No airport lounge access provided.
Pros & Cons
Pros
- Lifetime free card with no annual fee.
- 10X reward points on spends above ₹20,000.
- 4 complimentary railway lounge visits per quarter.
- 1% fuel surcharge waiver at all petrol pumps.
Cons
- No access to airport lounges.
- Reward points cannot be earned on fuel, EMI, and insurance transactions.
- Convenience fee of ₹99 for redemption of reward points.
Additional Info
Important: Reward points never expire.
A convenience fee of ₹99 is levied on the redemption of Reward Points.
The card does not provide concierge services.
Excluded Categories
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Fees & Charges
Eligibility
Min Age
21 yrs
Networks