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FIRST Wealth

Annual Fee

₹10,000

Rewards/₹100

₹3.00 - ₹7.50

Normalized to balance base rate with bonus categories

Interest Rate

9.00%

Credit Score

750+

At a Glance

Key Benefits

0% forex, 10X travel/dining rewards, 9% APR, Priority Pass

Lounge Access

Unlimited domestic + 12 international lounges/year

Eligibility

By invitation, Min income Rs.1L+/month, Age: 21-60

Quick Details

Annual Fee
₹10,000 #277
Joining Fee
₹10,000 #275
Interest Rate
9.00% p.a. #3
Forex Markup
0.00% #1
Rewards/₹100
₹3.00 - ₹7.50 #14
Reward Type Reward Points
Reward Currency Points
Domestic Lounge Visits
Unlimited #1
International Lounge Visits
12/year #17
Min Credit Score
750+ #186
Min Monthly Income ₹NaN
Network VISA
Cash Advance Fee 2.50% (min ₹500)
Late Payment Fee ₹1,000
Fee Waiver on Spend ₹5,00,000/yr

Reward Structure

Base

All Spends

₹3.00 /₹100
Cat

Travel

₹10.00 /₹100
Cat

Dining

₹10.00 /₹100

Reward Calculator

Allocate by Category 100%
Travel
10.0 pts
50% ₹0
Dining
10.0 pts
30% ₹0
Other Spends
3.0 pts
20% ₹0
Your Rewards
Points Earned 0
Cash Value ₹0
Breakdown
Quick amounts:

Airport Lounge Access

Domestic Free
Unlimited

visits

Unlimited domestic lounge access

International Free
12

visits per year

12 international lounges/year via Priority Pass

Insurance Coverage

Air Accident

₹50,00,000

Travel booked with card

Lost Card

₹2,50,000

Within 7 days of reporting

Quick Analysis

The IDFC First Bank FIRST Wealth is a premium credit card ideal for frequent travelers and high spenders. Best suited for those who can maximize the premium benefits.

Pros

  • Annual fee waiver on spending ₹500000
  • 12 complimentary international lounge visits per year
  • Unlimited domestic lounge access
  • Good insurance coverage up to ₹52 lakh
  • 24x7 dedicated concierge service
  • Extended interest-free period of 50 days

Cons

  • High annual fee of ₹10000 may not suit everyone
  • Significant joining fee of ₹10000
  • High income requirement of ₹100K per month
  • Invite-only card - not available for direct application

Frequently Asked Questions

What is the annual fee for IDFC FIRST Wealth?
IDFC FIRST Wealth has Rs.2,499 annual fee, waivable on Rs.2 lakh annual spend.
What is the interest rate on IDFC FIRST Wealth?
IDFC FIRST Wealth has an industry-low APR of 9.99%, ideal if you carry a balance.
What rewards does IDFC FIRST Wealth offer?
10X points on travel bookings, 6X on dining, and 2 points per Rs.100 on all other spends.
Does it have lounge access?
Yes, 8 complimentary domestic airport lounge visits per year.
What is the forex markup?
IDFC FIRST Wealth has a low 1.5% forex markup on international transactions.

User Reviews

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