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FIRST WOW! Black

Annual Fee

₹750

Rewards/₹100

₹0.67 - ₹7.00

Normalized to balance base rate with bonus categories

Interest Rate

42.00%

0

At a Glance

Key Benefits

Zero forex, 16.7% on travel, Rs.5K+ welcome benefits, UPI RuPay card, trip cancellation cover

Lounge Access

4 domestic lounges/year (1 per quarter), needs Rs.20K monthly spend

Eligibility

Age: 18+ years, Min FD: Rs.20,000, No income/credit score needed

Quick Details

Annual Fee
₹750 #158
Joining Fee
₹750 #158
Interest Rate
42.00% p.a. #108
Forex Markup
0.00% #1
Rewards/₹100
₹0.67 - ₹7.00 #27
Reward Type Reward Points
Reward Currency Points
Domestic Lounge Visits
1/year #120
0
Min Monthly Income ₹NaN
Network MASTERCARD
Card Replacement Fee 100
Late Payment Fee ₹100 15.00% (min ₹100)
Cash Advance Fee ₹199
EMI Processing Fee ₹99 1.00% (min ₹99)
Card Replacement Fee ₹100
Fee Waiver on Spend ₹1,50,000/yr

Reward Structure

Base

All Spends

₹0.67 /₹100
Cat

Insurance & Utility Bills

₹0.17 /₹100
Cat

UPI Transactions Above Rs.2,000

₹0.50 /₹100
Accel

Hotel Bookings via IDFC App (50 Bonus RP)

₹9.00 /₹100
Accel

Flight Bookings via IDFC App (30 Bonus RP)

₹5.67 /₹100

Reward Calculator

Allocate by Category100%
Insurance & Utility Bills
0.7 pts
35%₹17,500
UPI Transactions Above Rs.2,000
2.0 pts
25%₹12,500
Hotel Bookings via IDFC App (50 Bonus RP)
36.0 pts
20%₹10,000
Flight Bookings via IDFC App (30 Bonus RP)
22.7 pts
12%₹6,000
Other Spends
2.7 pts
8%₹4,000
Your Rewards
Points Earned5,433
Cash Value₹1,358
Breakdown
Insurance & Utility Bills117
UPI Transactions Above Rs.2,000250
Hotel Bookings via IDFC App (50 Bonus RP)3,600
Flight Bookings via IDFC App (30 Bonus RP)1,360
Other Spends107
Total Value₹1,358
Quick amounts:

Milestone Benefits

Welcome Bonus

Rs.500 off on 1st travel booking via IDFC app (min spend Rs.5,000)

Spend ₹5,000

₹500

value

Welcome Bonus

Instant discount up to Rs.1,500 on flights, hotels, bus via MakeMyTrip

₹1,500

value

Welcome Bonus

3 months complimentary EazyDiner Prime Membership (worth Rs.1,095)

₹1,095

value

Welcome Bonus

Complimentary Lenskart Gold Max Membership for 1 year (worth Rs.800)

₹800

value

Welcome Bonus

Flat 10% instant discount up to Rs.500 on Mokobara purchases

₹500

value

Welcome Bonus

5% cashback up to Rs.1,000 on 1st EMI within 30 days

₹1,000

value

Airport Lounge Access

Domestic Free
1

visits per quarter

Insurance Coverage

Lost Card

₹25,000

Lost card liability coverage

Travel

₹10,000

Trip cancellation cover, up to 2 claims per year

Lifestyle Perks

Movies

1 /month

25% off (up to Rs.100) on movie tickets via District by Zomato

Other

1

Complimentary UPI-enabled RuPay virtual credit card with same limit

Other

1

Dual card network: Mastercard physical + RuPay virtual UPI card

Other

1 /month

1% fuel surcharge waiver up to Rs.200/month (Rs.200-Rs.5,000 transactions)

Quick Analysis

IDFC FIRST WOW! Black is an excellent FD-backed lifestyle card for youth and international travelers. With zero forex markup, decent rewards (up to 16.7% on travel), UPI credit integration, and Rs.5,000+ welcome benefits for just Rs.750 fee, it offers exceptional value. Perfect for students, first-time cardholders, and frequent international travelers seeking affordable premium features without income proof.

Pros

  • Zero forex markup on international spends
  • Welcome benefits worth Rs.5,000+ for Rs.750 fee
  • Up to 16.7% value back on hotel bookings
  • 4 RP per Rs.150 base rewards (2.67%)
  • 4 domestic lounge visits/year (quarterly)
  • UPI-enabled RuPay virtual card included
  • 3 RP per Rs.150 on UPI above Rs.2,000
  • Trip cancellation cover up to Rs.10,000
  • FD-backed: no income/credit score needed
  • 1% fuel surcharge waiver (up to Rs.200/month)
  • Annual fee waived on Rs.1.5L spend

Cons

  • Only Rs.750 joining/annual fee (not lifetime free)
  • Requires minimum Rs.20,000 FD
  • Lounge needs Rs.20K monthly spend unlock
  • Only 4 domestic lounges/year (1 per quarter)
  • No international lounge access
  • No personal accident insurance
  • Low base reward rate (0.67%)
  • Limited to 2 trip cancellation claims/year
  • Points worth Rs.0.25 (Rs.0.50 only for travel)
  • No golf, spa, or concierge benefits

Best For

Youth, students, international travelers, first-time cardholders

Not Ideal For

Those seeking high base rewards, unlimited lounge access, or comprehensive insurance

Frequently Asked Questions

What is the minimum FD required for IDFC FIRST WOW! Black?
You need a minimum Fixed Deposit of Rs.20,000 with IDFC FIRST Bank. The credit limit will be 100% of your FD value. You can increase the limit by adding FD amounts starting from Rs.5,000.
Is there really zero forex markup?
Yes, IDFC FIRST WOW! Black charges 0% forex markup on all international transactions, making it one of the best cards for foreign spends and travel.
What are the welcome benefits?
For Rs.750 joining fee, you get Rs.5,000+ worth benefits: Rs.500 travel voucher, Rs.1,500 MakeMyTrip discount, 3-month EazyDiner Prime, 1-year Lenskart Gold Max, Rs.500 Mokobara discount, Rs.1,000 EMI cashback, and monthly movie discounts.
How does the lounge access work?
You get 1 complimentary domestic airport lounge visit per quarter (4 visits/year). To unlock this benefit, you must spend Rs.20,000 in the current calendar month to access the lounge in the next month.
What is the reward redemption value?
1 Reward Point = Rs.0.50 for travel bookings (flights/hotels) via IDFC FIRST app. For all other redemptions, 1 RP = Rs.0.25. Travel redemptions give you 2X better value.
How do I get the annual fee waived?
Spend Rs.1,50,000 (Rs.1.5 Lakh) in a year and your annual fee of Rs.750 + GST will be waived from the second year onwards.
Can I use this card for UPI payments?
Yes, you get a complimentary UPI-enabled RuPay virtual credit card along with the Mastercard physical card. Both share the same credit limit and you earn up to 3 reward points per Rs.150 on UPI transactions above Rs.2,000.
Do I need income proof or credit score?
No, as this is an FD-backed secured credit card, you do not need any income proof or existing credit score. Even students, homemakers, and first-time cardholders can apply with just Rs.20,000 FD.

User Reviews

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