IDFC FIRST Bank
IDFC FIRST SWYP Credit Card
Annual Fee
₹589₹499 + GSTBase Reward
1% points
Foreign Markup
3.50%
Welcome Benefits
1,000 Reward Points on 1st successful EMI transaction within the first 30 days from card issuance, 1-year Times Prime Membership on spending of a minimum ₹30,000 or more within the first 90 days of credit card issuance, Free Lenskart Gold Membership for 1 year on payment of joining fee
Product Highlights
- Convert eligible transactions into EMIs at any point
- Welcome offers like Times Prime membership and Lenskart Gold membership upon joining and meeting spending thresholds
- Free roadside assistance, access to railway lounges, and discounts at various partner merchants
Category Rewards
Specialty
100 RP per ₹5,000 UPI spend in a statement month
0.5X
Specialty
400 RP on monthly rent spend ≥₹20,000
0.5X
Merchant-Specific Rewards
1 pt ≈ ₹0.25–₹0.50
Paytm
25% Discount(on movie tickets)
Dominos
20% Discount(up to ₹80 on orders above ₹299, valid 2 times in a month)
EaseMyTrip
10% Off(up to ₹500 on transaction value above ₹5,000, valid once per quarter)
TataCliQ
10% Instant Discount(up to ₹100 on purchases over ₹999, valid once per month)
Zomato
10% Discount(up to ₹100 on orders above ₹299)
Reward Calculator
Earns ₹2,771/year (net)
Modest gain. Solid hold if you like the perks.
₹16K
across all your buckets
13.4K
IDFC FIRST Reward Points
₹3.4K
via standard · ₹0.25/pt
Effective rate
1.75%
Annual fee
₹589
Year 1 net
+₹2,771
Year 2+ net
+₹2,771
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
cash advance, balance transfer
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
200 Reward Points on spending ₹5,000 monthly, 500 Reward Points on monthly spend of ₹10,000, 1,000 Reward Points on monthly spend of ₹15,000. 10% off on flights or hotels via EaseMyTrip, 20% discount on Dominos, 10% instant discount on Tata Cliq, 10% discount on Zomato, 25% discount on movie tickets via Paytm.
- Reward Point Value ₹0.25
Benefits & Features
Domestic: 4 free railway lounge access in a calendar quarter Access to railway lounges
Pros & Cons
Pros
- Convert eligible transactions into EMIs at any point
- Welcome offers like Times Prime membership and Lenskart Gold membership upon joining and meeting spending thresholds
- Free roadside assistance, access to railway lounges, and discounts at various partner merchants
Cons
- Charges reward redemption fee of ₹99
- Airport lounge access requires fulfilling referral criteria
- No option of paying minimum amount from card statement
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
18 yrs
Networks