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IDFC FIRST Private

Annual Fee

₹50,000

Rewards/₹100

₹6.67 - ₹22.50

Normalized to balance base rate with bonus categories

Interest Rate

9.00%

Credit Score

750+

At a Glance

Key Benefits

Reward points

Lounge Access

Unlimited domestic + Unlimited intl lounges/year

Eligibility

Income: Above Rs 1 Lakh/month, Age: 21-65 years, CIBIL: 750+

Quick Details

Annual Fee
₹50,000 #300
Joining Fee
₹50,000 #298
Interest Rate
9.00% p.a. #3
Forex Markup
0.00% #1
Rewards/₹100
₹6.67 - ₹22.50 #3
Reward Type Reward Points
Reward Currency Points
Domestic Lounge Visits
Unlimited #1
International Lounge Visits
Unlimited #1
Min Credit Score
750+ #186
Min Monthly Income ₹NaN
Network VISA
Late Payment Fee 15.00% (min ₹100)
Over Limit Fee ₹600
Cash Advance Fee 2.50% (min ₹500)

Reward Structure

Base

All Spends

₹6.67 /₹100
Cat

Flights via App

₹20.00 /₹100
Cat

Hotels via App

₹40.00 /₹100

Reward Calculator

Allocate by Category 100%
Flights via App
20.0 pts
50% ₹0
Hotels via App
40.0 pts
30% ₹0
Other Spends
6.7 pts
20% ₹0
Your Rewards
Points Earned 0
Cash Value ₹0
Breakdown
Quick amounts:

Milestone Benefits

Welcome Bonus

50,000 Reward Points on joining fee payment

₹50,000

value

Annual Benefit

25,000 Reward Points on annual fee payment

₹25,000

value

Milestone

Taj Dining voucher on Rs.15L spend in 6 months

Spend ₹15,00,000 within 180 days

₹5,000

value

Airport Lounge Access

Domestic Free
Unlimited

visits

+ 4 guest visits

International Free
Unlimited

visits

+ 4 guest visits

Dreamfolks Free
Unlimited

visits

Insurance Coverage

Air Accident

₹1,00,00,000

Travel

₹1,00,000

Trip Cancellation

₹50,000

Lost Card

₹50,000

Lifestyle Perks

Golf

Unlimited golf in India, 1/quarter internationally

Concierge

24x7 Visa Infinite Concierge

Movies

Up to Rs.1500 off on BookMyShow per month

Dining

25.00% off

Club ITC Culinaire + Accor Plus dining benefits

Quick Analysis

The IDFC FIRST Private Credit Card sets the benchmark for super-premium cards with India's lowest 9% APR and 0% forex markup. The exceptional reward value (up to 60X on hotels) and unlimited lounge/golf access justify the Rs.50K fee for IDFC Private Banking customers. Best for those who can leverage the travel rewards and low-interest benefits.

Pros

  • Industry-lowest 9% APR interest rate
  • 0% forex markup on international transactions
  • 10X rewards (up to 60X on hotel bookings via app)
  • 1 RP = Rs.1 value on travel redemptions
  • Unlimited domestic + international lounge access
  • Unlimited golf in India + international
  • 0% cash advance interest (up to 48 days)
  • No late payment or overlimit fees
  • Club ITC Culinaire + Accor Plus memberships

Cons

  • Rs.50,000 joining + annual fee (Rs.1 lakh first year)
  • Invite-only for Private Banking customers
  • Rs.40L annual spend needed for ITC membership renewal
  • Redemption capped at 70% of booking value
  • 3L points annual/1.5L monthly redemption cap
  • Spa access discontinued Dec 2025

Best For

IDFC Private customers, international travelers, low-interest seekers, golf enthusiasts

Not Ideal For

Those without Rs.1Cr+ relationship, non-travelers, casual card users

Frequently Asked Questions

What are the fees for IDFC FIRST Private Credit Card?
The IDFC FIRST Private Credit Card has a joining fee of Rs 50,000 and annual fee of Rs 50,000.
What is the eligibility criteria for IDFC FIRST Private Credit Card?
To be eligible for the IDFC FIRST Private Credit Card, you need a minimum monthly income of above Rs 1 Lakh/month, age between 21-65 years, and a credit score of 750+. IDFC First Bank customers with existing relationships may get preferential treatment.
What rewards does IDFC FIRST Private Credit Card offer?
The IDFC FIRST Private Credit Card earns reward points on all spending. Each reward point is valued at approximately Rs 1.00. Points can be redeemed for vouchers, merchandise, or travel bookings through the IDFC First Bank rewards portal.
Does IDFC FIRST Private Credit Card offer airport lounge access?
Yes, the IDFC FIRST Private Credit Card provides complimentary airport lounge access. Please check the lounge access section above for detailed information on domestic and international lounge visits.
How can I apply for IDFC FIRST Private Credit Card?
The IDFC FIRST Private Credit Card is an invite-only card. You cannot directly apply for this card. IDFC First Bank offers this card to select customers based on their relationship value and spending patterns.

User Reviews

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