Card Image
FIRST Classic
Annual Fee
FREE
Rewards/₹100 ⓘ
₹0.17
Normalized to balance base rate with bonus categories
Interest Rate
9.00%
Credit Score
650+
At a Glance
Key Benefits
Lifetime free, 9% APR (lowest in industry), basic rewards
Lounge Access
No lounge access
Eligibility
Salaried: Rs.20,000+/month, Age: 21-60, CIBIL: 650+
Quick Details
Annual Fee
FREE
#1
Joining Fee
FREE
#1
Interest Rate
9.00% p.a.
#3
Forex Markup
3.50%
#75
Rewards/₹100
₹0.17
#297
Reward Type Reward Points
Reward Currency Points
Min Credit Score
650+
#13
Min Monthly Income ₹20
Network VISA
Cash Advance Fee 2.50% (min ₹300)
Late Payment Fee ₹500
Reward Structure
Base
All Spends
₹0.17 /₹100
Reward Calculator
₹
Allocate by Category100%
Your Rewards
Points Earned333
Cash Value₹83
Breakdown
Other Spends333
Total Value₹83
Quick amounts:
Insurance Coverage
Lost Card
₹1,00,000
Within 7 days of reporting
Quick Analysis
The FIRST Classic is a straightforward lifetime free credit card from IDFC First Bank. While it may not offer premium perks, the zero annual fee makes it a low-risk option. Suitable for those who want a basic credit card without annual charges.
Pros
- Lifetime free - no annual or joining fee
- Contactless payment enabled for quick transactions
- Easy EMI conversion facility available
- Add-on cards available for family members
Cons
- No complimentary lounge access
- High forex markup of 3.50% on international transactions
Frequently Asked Questions
What is the annual fee for IDFC FIRST Classic?
IDFC FIRST Classic is completely lifetime free with zero joining and annual fee.
What is the interest rate on IDFC FIRST Classic?
IDFC FIRST Classic has an industry-low APR of just 9.99%, one of the lowest in India.
What rewards does IDFC FIRST Classic offer?
3X points on utility bills and 1 point per Rs.100 on other spends.
Does it have fuel benefits?
Yes, 1% fuel surcharge waiver at all fuel stations.
Is IDFC FIRST Classic good for beginners?
Excellent for beginners with lifetime free fee and lowest interest rate in India.
User Reviews
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