IDFC FIRST Select Credit Card
IDFC FIRST Bank · Points/miles card · Lifetime free
Fees & benefits
| Annual fee | Nil (lifetime free) |
| Welcome benefit | ~₹500 value |
| Airport lounges | 4 domestic · 0 international / year |
| No rewards on | fuel, rent, wallet, government, emi |
Reward rates (with caps — the part that actually matters)
| Rule | Effective rate | Monthly cap | Applies to |
|---|---|---|---|
| 3X base reward points (3 RP per ₹200) | 0.38% | Uncapped | all eligible spend |
What it's worth at your spend
Net annual value on a typical Indian urban spend mix (shopping-heavy, incl. groceries, dining, fuel, travel, bills), after caps and fees. Rank is out of all 50 cards we track.
Caveats & recent changes
Lifetime free. Base 3 RP per ₹200 (RP = ₹0.25); 10X on dining/travel/international and on incremental monthly spends above ₹20,000 and birthdays (10X not modeled).
Reward structure was revised effective 18 June 2026; benefits like movie/lounge now require ₹20,000+ spend in the previous calendar month.
Domestic airport lounge: 1 visit/quarter (4/year), subject to the ₹20,000 previous-month spend condition; 4 railway lounge visits/quarter are separate.
Reward redemption carries a ₹99 (+GST) convenience fee per redemption; points valid 24 months.
Verified 2026-07-13 against official issuer sources (agent verification pass; manual human review unavailable).
Quick answers
Is the IDFC FIRST Select Credit Card lifetime free?
Yes — the IDFC FIRST Select Credit Card has no annual fee.
What is the highest reward rate on the IDFC FIRST Select Credit Card?
0.38% — 3X base reward points (3 RP per ₹200). Effective value depends on monthly caps; see the caveats on this page.
Does the IDFC FIRST Select Credit Card give airport lounge access?
Yes — 4 domestic visits/year.