- Key Highlight’s of IDFC First wealth credit card:
- Benefits of IDFC First wealth credit card:
- Reward Redemption on IDFC First wealth credit card:
- Fees and Charges of IDFC FIRST Bank Wealth Credit Card:
- Eligibility to apply for IDFC First wealth credit card:
- Required Documents for IDFC First wealth credit card:
- Comparison:
- Apply for IDFC FIRST Wealth Credit Card:
- Check IDFC First wealth credit card Application status:
- Contact IDFC First wealth credit card:
- Conclusion:
- FAQs
- Read More:
Welcome to a world of exclusive privileges and unparalleled benefits with the IDFC First wealth credit card. Designed for discerning individuals who value financial prosperity, this credit card is a gateway to a host of extraordinary features and rewards. In this review, we’ll delve into the key aspects of the IDFC First Wealth Credit Card and explore why it stands out in the realm of premium credit cards.
Key Highlight’s of IDFC First wealth credit card:
- On any purchases over Rs. 20,000, receive 10X bonus points.
- 10X bonus points on any purchases made on your birthday
- 6X reward points are earned for all online purchases.
- Earn 3X reward points for all offline purchases.
- For every Rs. 100 spent, earn one extra reward point.
Benefits of IDFC First wealth credit card:
Joining Benefits:
- Spend Rs.15,000 within 90 days of card activation, and you’ll receive gift cards worth Rs.500.
- If the first EMI transaction is completed within 90 days of card setup, 5% cashback is granted.
Movie and Dining:
- The Paytm app is offering a BOGO (Buy One Get One Free) deal on movie tickets, with a cap of two free tickets each month at a cost of Rs. 500 each.
- At more than 1500 eateries, diners may instantly save up to 20% off their tabs.
Travel Benefits:
- 4 complimentary visits (combined) to local and international airport lounges each quarter
- Access to the train lounge is free four times every quarter.
- Get free airport pickup and discounted rates on expedited immigration and other services at more than 450 international locations.
- In more than 3000 cities in more than 80 countries, there are great discounts on airport limousine services.
- Booking assistance from a concierge for travel, lodging, meals, and other experiences.
- Access to more than 900 hotels around the world with opulent extras like room upgrades, WiFi in rooms, VIP status, continental breakfast, and check-out at 3 PM.
Golf Benefits:
- For every 20,000 rupees you spent in the preceding month, you receive a free round of golf.
- Up to two rounds of golf can be played for free each month.
Insurance Benefits:
| Catagory | Cover amount |
| Air accident | Rs. 1 crore |
| Loss of check-in baggage | USD 500 |
| Delay of check-in baggage | USD 100 |
| Loss of passport or other documents | USD 300 |
| Flight Delay | USD 300 |
- An additional Rs. 10 lakh in personal accident insurance is provided.
- Additionally, you receive a Rs. 50,000 lost card liability protection.
Rewards Rate:
For every Rs. 100 spent offline, 6 Reward Points are earned, and 10 Reward Points are earned for every Rs. 100 spent online or on purchases over Rs. 30,000.
Zero Liability Protection:
Any unauthorised transactions that occurred before the card was reported lost are not the responsibility of the bank. You do receive a Rs. 50,000 lost card liability cover, though.
Other Benefits:
- Enjoy four complimentary trips to domestic and international airport lounges, spa treatments, and four lounge visits per calendar quarter.
- Get Rs. 10 lakh in personal accident insurance (to qualify, you must have completed at least one transaction in the month prior).
- Get Rs. 1 crore in air accident insurance (to qualify, you must have completed at least one transaction in the month prior).
- Get $1200 worth of complete travel insurance.
- Get a free Rs. 50,000 liability cover for misplaced cards.
Up to 10X Reward Points that Never Expire:
With the incremental reward structure offered by the IDFC FIRST Wealth Credit Card, you gain more rewards as you spend more. You can get the following rewards using this card:
- Online purchases up to Rs. 30,000 per month get 6X reward points.
- Up to Rs. 30,000 per month in offline purchases can earn 3X reward points.
- 10X reward points on additional monthly spending over Rs. 30,000.
- When you purchase on your birthday, you get 10X reward points.
- 3X bonus points are awarded for renting out and managing property.
Other Lifestyle Benefits Offered on IDFC FIRST wealth credit card:
- On the Paytm mobile app, there is a buy one, get one offer on movie tickets up to Rs. 500 (valid twice a month).
- 300+ deals from reputable retailers
- 15% to 20% off at more than 1500 restaurants
- 3000+ Health & Wellness stores offer discounts of up to 15%.
- 2 free rounds of golf per month for every Rs. 20,000 in monthly statement expenditures
- At all petrol stations in India, there is a 1% fuel surcharge waiver on purchases between Rs. 200 and Rs. 5000, up to a maximum of Rs. 400 per month.
- EMI conversion option for purchases over Rs. 2,500
Reward Redemption on IDFC First wealth credit card:
- On the Poshvine reward platform, reward points can be redeemed for gift cards to well-known online retailers like Amazon, Flipkart, Myntra, etc.
- 1 reward point is equal to 0.25 rupees.
Fees and Charges of IDFC FIRST Bank Wealth Credit Card:
| Type of Charge | Amount |
| Joining fee | NIL |
| Over limit fee | NIL |
| Reward redemption fee | NIL |
| Credit Card Interest Rate | 0.75% to 2.99% per month |
| Foreign exchange markup | 1.5% |
| Late payment fee | 15% of total amount due |
| Domestic and International cash advance fee | Rs.250 |
Eligibility to apply for IDFC First wealth credit card:
The basic eligibility requirements required by the individuals in order to get approved for the IDFC First Wealth Credit Card are as follows:
- The applicant’s age shouldn’t be less than 21 years.
- The applicant should either be self-employed or employed with a substantial monthly income.
- The applicant’s credit history should have no payment defaults and he/she should be possessing a decent credit score.
Required Documents for IDFC First wealth credit card:
| Identity Proof | 1)Aadhaar Card 2)Passport 3)Driving License |
| Address Proof | 1)Passport 2)Voter ID 3)Aadhaar Card 4)Ration Card |
| Income Proof | 1)Salary Slip 2)IT Returns 3)Form 16 |
Comparison:
IDFC First wealth credit card v/s IDFC First Classic credit card:
| Basis | IDFC First wealth credit card | IDFC First Classic credit card |
| Fee | Joining Fee Nil Renewal Fee Nil | Joining Fee Nil Renewal Fee Nil |
| Best Suited For | Shopping | Travel |
| Reward Type | Reward Points | Reward Points |
| Welcome Benefits | Gift Vouchers worth Rs. 500 from premium brands on spending over Rs. 30,000 within 90 days and a 5% cashback on the first EMI transaction made within the first 30 days | Get a welcome gift voucher worth Rs. 500 on spending Rs. 15,000 or more within the first 90 days. Also, get 5% cashback on the value of your first EMI transaction done inside 90 days of card generation. |
IDFC First wealth credit card v/s IDFC HPCL First power plus credit card:
| Basis | IDFC First wealth credit card | IDFC HPCL First power plus credit card |
| Fee | Joining Fee Nil Renewal Fee Nil | Joining Fee Rs. 499 plus applicable taxes Renewal Fee Annual fee of Rs. 499. |
| Best Suited For | Shopping | Fuel |
| Reward Type | Reward Points | Reward Points |
| Welcome Benefits | Gift Vouchers worth Rs. 500 from premium brands on spending over Rs. 30,000 within 90 days and a 5% cashback on the first EMI transaction made within the first 30 days | Up to Rs. 500 cash back on your 1st HPCL fuel transaction above Rs. 500 and up to 5% cashback (up to Rs. 1,000 capped) on the transaction value of the first EMI. |
IDFC First wealth credit card v/s IDFC First WoW credit card:
| Basis | IDFC First wealth credit card | IDFC First WoW credit card |
| Fee | Joining Fee Nil Renewal Fee Nil | Joining Fee Nil Renewal Fee Nil |
| Best Suited For | Shopping | Dining|Shopping |
| Reward Type | Reward Points | Reward Points |
| Welcome Benefits | Gift Vouchers worth Rs. 500 from premium brands on spending over Rs. 30,000 within 90 days and a 5% cashback on the first EMI transaction made within the first 30 days | Enjoy 5% Cashback up to Rs. 1,000 on the first EMI transaction done within 90 days of card activation. |
Apply for IDFC FIRST Wealth Credit Card:
By following the instructions below, you can apply for the IDFC FIRST Wealth Credit Card on the IDFC FIRST Bank website:
- Click the following link to see the IDFC FIRST Wealth Credit Card page: https://www.idfcfirstbank.com/credit-card/wealth.
- After that, press the “Apply Now” button.
- Mention your date of birth and full name as it appears on your Aadhaar card.
- Specify your cell phone’s 10-digit number.
- then press the ‘Get OTP’ button.
- Enter the OTP that was issued to your registered mobile phone by the bank.
- An representative from the bank will contact you shortly to proceed with the application.
- Alternately, you can use our website or go to the local IDFC FIRST Bank branch to apply for an IDFC FIRST Bank Wealth credit card.
Check IDFC First wealth credit card Application status:
Via Online:
- Go to www.idfcfirstbank.com to access the official IDFC FIRST Bank website.
- Select ‘Cards’ from the menu.
- Choose the IDFC FIRST credit card for which you have applied.
- Enter information like the reference number for the application, the registered cellphone number, the birthdate, etc.
- To check the status of your IDFC Credit Card, click ‘Submit’.
Via Offline:
An applicant can contact IDFC FIRST Bank’s customer service department to inquire on the status of their IDFC FIRST Bank credit card. For questions regarding credit cards, call 1860 500 1111.
Contact IDFC First wealth credit card:
Contact via phone:
Contact via e-mail:
banker@idfcfirstbank.com
Conclusion:
The IDFC First Wealth Credit Card embodies opulence, convenience, and exclusivity, making it a compelling choice for individuals seeking a credit card that goes beyond the ordinary. From its generous rewards program and complimentary airport lounge access to its comprehensive insurance coverage and lifestyle privileges, this credit card offers a world of benefits that truly elevate your financial journey. If you’re ready to unlock the power of wealth, the IDFC First Wealth Credit Card is a remarkable choice that lives up to its promise.
FAQs
What is the IDFC Wealth credit card’s minimal annual income?
Rs.25,000 per month
What is the debit card limit for IDFC First Wealth?
Daily ATM withdrawals of Rs 7,000 and daily purchases of Rs 20,000
I want to move from IDFC Select to Wealth, but how?
If you have an IDFC Select Card with a limit of less than $4, you must first raise it to at least $5 before you can seek an upgrade.
Does the IDFC FIRST Wealth credit card have an expiration date for reward points accumulated on it?
The reward points that have accumulated on your credit card have no expiration date. The points are redeemable whenever you desire.
Are the 10X criteria and reward point earning relevant to fuel purchases?
No, it does not apply to fuel expenditures. You are eligible for a monthly fuel fee waiver of up to Rs. 400 for fuel purchases.
How much can I collect for lost checked baggage under comprehensive travel insurance coverage?
Your obligation under that policy is to receive $500.
In what ways may I use my reward points?
On the Poshvine reward platform, you may exchange your reward points for gift cards to well-known online stores like Amazon, Flipkart, Myntra, etc.
Does the bank provide this card with zero liability protection?
Prior to reporting the loss of the card, the bank is not responsible for any fraudulent transactions performed using the card. You do, however, receive a Rs. 50,000 insurance policy to protect you against the loss of the card.
What are the dollar values of accumulated reward points?
1 Reward Point = Rs. 0.25
Can we get reward points on wallet loading?
Yes, we get reward points on wallet load.
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