IDFC FIRST Bank Select Credit Card,

Key Features & Benefits

The IDFC FIRST Select Credit Card delivers exceptional value without any joining or annual fees, making it an attractive choice for cost-conscious consumers. The card’s tiered reward structure provides 10X points on spends above ₹20,000 per statement cycle and on birthdays, while offering 3X points on education, wallet loads, government payments, and rent transactions. The enhanced rewards on essential categories like education and government payments make it particularly valuable for families and professionals managing regular institutional payments.

The card stands out with its domestic travel benefits, offering 2 complimentary airport lounge visits and 4 railway lounge visits per quarter with a manageable spending threshold of ₹20,000 per month. Additional perks include buy-one-get-one movie tickets on Paytm, travel insurance coverage, and exclusive discounts across 300+ partner brands. The low foreign exchange markup of 1.99% makes it suitable for international transactions, while reward points never expire, ensuring long-term value accumulation.

All You Need to Know About: IDFC FIRST Bank Select Credit Card,

Pros & Cons

How to Apply

• Visit the official IDFC FIRST Bank website at https://www.idfcfirstbank.com/credit-card/select
• Fill out the online application form with personal and financial details
• Complete OTP verification and submit required KYC documents digitally
• Receive instant approval notification for eligible applicants, with physical card delivery within 7 working days

Detailed Fee Structure

The IDFC FIRST Select Credit Card maintains transparency with its lifetime free structure, eliminating joining and annual fees permanently. However, users should be aware of operational charges including cash withdrawal fees of ₹250 per transaction, over-limit charges at 2.5% of excess amount (minimum ₹500), and late payment penalties ranging from ₹100 to ₹1,250 based on due amounts.

Additional charges include EMI conversion fees at 1% of transaction value (minimum ₹99), reward redemption processing fee of ₹99 plus GST, and card replacement charges of ₹100 for standard cards or ₹499 for personalized variants. All fees are subject to 18% GST, and the foreign exchange markup stands at a competitive 1.99% on international transactions.

Who Should Get This Card?

This card is ideal for young professionals and middle-income earners with annual income above ₹12 lakhs seeking a no-cost credit solution with decent rewards. It particularly suits frequent domestic travelers who can benefit from quarterly lounge access, families with education expenses, and individuals making regular government payments or rent transactions. The card also appeals to budget-conscious users wanting international transaction flexibility without premium card fees, and those who prefer accumulating non-expiring reward points for long-term benefits.

Alternatives & Competitor Comparison

Feature	IDFC FIRST Bank Select Credit Card	Indusind Bank Tiger Card
Card Image
Card Network	Visa	Visa
USP	The IDFC FIRST Select Credit Card is a lifetime free Visa card offering 10X reward points on higher spends, complimentary domestic lounge access with low spending criteria, and enhanced rewards on education and government payments, making it perfect for frequent domestic travelers and everyday spenders.	The IndusInd Bank Tiger Credit Card offers premium lifestyle rewards, including accelerated points, complimentary movie tickets, golf privileges, and extensive domestic and international lounge access, all with zero annual fees—perfect for frequent travelers and luxury seekers.
Annual Fee	N/A	N/A
Joining Fee	N/A	N/A
Welcome Benefits	₹500 voucher on spending ₹5,000 within 30 days of card issuance. Periodic promotional vouchers from partners worth up to ₹45,000	2 complimentary movie tickets per year on BookMyShow (up to ₹500 each), 1 complimentary golf game or lesson per quarter (4 per year), Priority Pass membership for lounge access
Lounge Access	Domestic: 2 per quarter On spends of ₹20,000+ in the last month	Domestic: 2 per quarter | International: 2 per year
Reward Rate	Earn 10X points on spends above ₹20,000 per statement cycle and on birthdays, 3X points on spends up to ₹20,000, education, wallet loads, government payments, rent, 1X point on utilities and insurance	Up to 6 accelerated reward points on every ₹100 spent based on spending slabs; 1 reward Point = ₹0.40 in cash credit or 1.2 Airmiles; excludes fuel, utility, education, real estate, and rental payments
Interest Rate	0.75% to 3.5% per month (9% to 42% per annum)	3.5% per month (42% per annum)
Best For	Lounge Access, Travel	Lounge Access
Apply Now	Apply Now	Apply Now

Frequently Asked Questions