Discover the Benefits of IDFC FIRST Bank Classic Credit Card

Overview of the IDFC FIRST Bank Classic Credit Card

The IDFC FIRST Bank Classic Credit Card is a lifetime-free credit card that offers a wide array of benefits and features designed to cater to the needs and aspirations of its users. This card is particularly appealing due to its free joining and annual fees, making it an ideal choice for individuals looking to manage their expenses without incurring additional charges.

The IDFC FIRST Bank Classic Credit Card is well-suited for first-time credit card users and those with a regular income, as it provides a comprehensive reward programme, travel benefits, and various other privileges. The card's diverse range of benefits and features make it an attractive option for many, as it offers a rewarding and convenient credit card experience.

Benefits & Features of the IDFC FIRST Bank Classic Credit Card

The IDFC FIRST Bank Classic Credit Card comes with a host of benefits and features that make it an appealing choice for many. Let's take a closer look at the welcome benefits and other perks offered by this card.

Welcome Benefits

New cardholders of the IDFC FIRST Bank Classic Credit Card can enjoy several welcome benefits:

Upon spending ₹5,000 within the first 30 days of card activation, users receive a welcome gift voucher worth ₹500.
Cardholders can also avail a 5% cashback on their first EMI transaction, up to a maximum of ₹1,000, if the transaction is made within 90 days of card activation.

Other Benefits

The IDFC FIRST Bank Classic Credit Card offers a wide range of other benefits that make it a valuable addition to one's wallet.

Rewards Programme:
- Cardholders earn 3 reward points per ₹150 spent on offline purchases and 6 reward points per ₹150 spent on online transactions.
- For incremental spends above ₹20,000 in a month, cardholders can earn 10 times the reward points.
Travel Benefits:
- Cardholders receive 4 complimentary railway lounge accesses per quarter at select railway stations, along with complimentary roadside assistance available up to 4 times a year.
Movie & Dining Benefits:
- Users can enjoy a 25% discount on movie tickets, capped at ₹100, once a month through the Paytm app.
- The card also offers up to 20% discount on dining across over 1,500 restaurants.
Fuel and Other Convenience Benefits:
- A fuel surcharge waiver of up to ₹200 per month is available on transactions between ₹200 and ₹5,000.
- Cardholders also benefit from interest-free ATM cash withdrawals for up to 48 days and a lower interest rate starting at 9% per annum (0.75% per month).
Insurance and Assistance:
- The card provides personal accident cover and zero lost card liability, along with emergency roadside assistance available up to 4 times a year.
Additional Perks:
- Cardholders can enjoy up to 15% discounts at over 3,000 health and wellness outlets and 50+ in-app online discount offers. There is also a 5% cashback on the spend amount for the first EMI conversion within 90 days.

Key Highlights of the IDFC FIRST Bank Classic Credit Card

The IDFC FIRST Bank Classic Credit Card is a feature-rich credit card that offers numerous benefits to its users.

Welcome gift voucher worth Rs. 500 upon spending Rs. 5,000 within the first 30 days of card activation
5% cashback on their first EMI transaction within 90 days
4 complimentary railway lounge accesses per quarter
Fuel surcharge waiver up to Rs. 200 per month
25% discount on movie tickets once a month, up to Rs. 100
Complimentary roadside assistance up to 4 times a year
Discounts on dining, health, and wellness outlets

Fees and Charges of the IDFC FIRST Bank Classic Credit Card

One of the most appealing aspects of the IDFC FIRST Bank Classic Credit Card is its minimal fees and charges.

Fee Type	Amount/Deductible
Joining/Annual Fee	NIL (Lifetime Free)
Interest Rate	0.75% to 3.5% per month
Foreign Currency Markup Fee	3.5% of total transaction amount
Cash Advance Fee	Rs. 199 per transaction
Late Payment Charge	15% on total amount due
Reward Redemption Fee	Rs. 99 + taxes

Despite these fees and charges, the IDFC FIRST Bank Classic Credit Card remains a financially friendly option for many. To determine if you are eligible for this card, let's explore the eligibility criteria.

Eligibility of the IDFC FIRST Bank Classic Credit Card

To qualify for the IDFC FIRST Bank Classic Credit Card, applicants must meet specific income and age requirements.

Eligibility Criteria	Requirement
Annual Income	Rs. 3 lakhs or more
Age	21 to 65 years

IDFC FIRST Bank Classic Credit Card Activation Process

Activating your IDFC FIRST Bank Classic Credit Card is a simple and straightforward process. You can choose from several convenient methods to get your card up and running in no time.

Through Mobile App:
- Download the IDFC FIRST Bank mobile app and log in using your customer ID.
- Navigate to the 'Manage Card' section, where you can enable your card for online, contactless, and international transactions.
- To generate your PIN, select 'Set Pin' in the Credit Card section.
Phone Activation:
- Call the 24-hour helpline number 1860 500 1111.
- Follow the prompts to generate your PIN and change transaction preferences.

How to Redeem the Points

The IDFC FIRST Bank Classic Credit Card offers a rewarding experience with its flexible point redemption options. Here's how you can redeem your hard-earned reward points:

Online or In-Store Redemption:
- When shopping, simply choose the option to 'pay with points' at checkout to directly use your reward points to pay for your purchases.
Through IDFC FIRST Bank Rewards Platform:
- Go to the IDFC FIRST Bank reward redemption portal and log in to your account.
- Click on Redeem Points.
- Choose a brand from the available list.
- Click on Add to Cart after selecting the gift voucher to purchase.
- Enter the value and number of the vouchers you want to purchase.
- Click on Proceed.
- Next, enter the delivery details of your voucher.

One of the standout features of the IDFC FIRST Bank Classic Credit Card is that the reward points never expire, making them evergreen. Plus, there is no minimum threshold for redeeming points, allowing you to use them as you accumulate them.