What's special about us
Enjoy Zero Charges on All Commonly Used Savings Account Services
- About Us
- MD & CEO letter about the bank
- MD & CEO
- Our History
- Letter to Shareholders on the 1st Annual Report after Merger
- Letter to Shareholders on the 2nd Annual Report after Merger
- Letter to Shareholders on the 3rd Annual Report after Merger
- Letter to Shareholders on the 4th Annual Report after Merger
- Board of Directors
- Awards & Accolades
- News Room
- Investors
- Careers
- ESG
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As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.
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Joining Fees, Annual Fees and Add-on Card Fees
IDFC FIRST Bank Card Variant |
Commencement / Joining Fee(₹) |
Yearly/Annual Fee (₹) |
Add-on Card Fee (₹) |
| FIRST Millennia Credit Card |
NIL |
NIL |
NIL |
| FIRST Classic Credit Card | |||
| FIRST Select Credit Card | |||
| FIRST Wealth Credit Card | |||
| Employee Credit Card | |||
| FIRST WOW! Credit Card | |||
| LIC Classic Credit Card | NIL | NIL | NIL |
| LIC Select Credit Card | NIL | NIL | NIL |
| FIRST Digital RuPay Credit Card | ₹199 | ₹199 | NIL |
| FIRST Power Credit Card | ₹199 | ₹199 | NIL |
| FIRST Power+ Credit Card | ₹499 | ₹499 | NIL |
| FIRST SWYP Credit Card | ₹499 | ₹499 | NIL |
| Club Vistara IDFC FIRST Credit Card | ₹4,999 | ₹4,999 | NIL |
| FIRST Private Credit Card | ₹50,000 | ₹50,000 | 1 st Add-on:NIL, 2nd Add-on onwards: Joining Fee ₹4,000 Annual Fee NIL |
| Image Personalisation Fee* | ₹499 | NIL | Joining Fee ₹499 Annual Fee NIL |
*Image personalisation feature is not applicable on FIRST Private, LIC Classic & LIC Select, FIRST Power & FIRST Power+ Credit Card, FIRST Digital RuPay Credit Card, FIRST SWYP Credit Card.
The above fees and charges are applicable w.e.f. 12th Mar 2024. For fees and charges applicable till 12th Mar 2024, refer current MITC (please click here)
Finance Charges*
| IDFC FIRST Bank Card Variant | Interest Rate on Purchases, Cash Advances and outstanding balances due (will be charged if payment made is between Minimum Amount Due and Total Amount Due values) |
Overdue Interest^^ (will be charged on non-payment of Minimum Amount Due (MAD) by the Payment Due Date) |
| FIRST Millennia Credit Card |
Monthly Rate - 0.75% - 3.65%
|
Monthly Rate - 3.99%
|
| FIRST Classic Credit Card | ||
| FIRST Select Credit Card | ||
| FIRST Wealth Credit Card | ||
| Employee Credit Card | ||
| FIRST WOW! Credit Card | ||
| FIRST Power Credit Card | ||
| FIRST Power+ Credit Card | ||
| Club Vistara IDFC FIRST Credit Card | ||
| FIRST Digital RuPay Credit Card | ||
| LIC Classic Credit Card | ||
| LIC Select Credit Card | ||
| FIRST Private Credit Card | Monthly Rate - 0.75% Annual Rate - 9% |
Monthly Rate - 3.99% Annual Rate - 47.88% |
| FIRST SWYP Credit Card | Not Applicable (Customer has to either pay Total Amount Due in full or convert eligible due amount into EMI) |
Not Applicable (Customer has to either pay Total Amount Due in full or convert eligible due amount into EMI) |
*The finance (interest) rates applicable to a Cardmember depend on internal policy parameters of the Bank. These are final and binding, and subject to change at Bank's discretion.
^^Interest rate will be revised from 47.88% to 43.8% when the cardmember pays the minimum amount due
The above fees and charges are applicable w.e.f. 12th Mar 2024. For fees and charges applicable till 12th Mar 2024, refer current MITC (please click here)
Other Fees and Charges
Late Payment charges
| FIRST Private Credit Card | NIL |
| FIRST SWYP Credit Card | 15% of Total Amount Due as of the previous statement minus any payments received before the due date (subject to a minimum of ₹100 and a maximum of ₹3,000) |
| FIRST Digital RuPay Credit Card | As per Primary Credit Card## |
| All other IDFC FIRST Bank Credit Cards | 15% of Total Amount Due as of the previous statement minus any payments received before the due date (subject to a minimum of ₹100 and a maximum of ₹1,300) |
Over-Limit charges
| FIRST Private Credit Card, FIRST WOW! Credit Card | NIL |
| FIRST Digital Rupay Credit Card | As per Primary Credit Card## |
| All other IDFC FIRST Bank Credit Cards | 2.5% of the over-limit amount (Subject to a minimum charge of ₹550) |
Card Replacement Fee
| Cards with image personalisation | ₹149 |
| FIRST Private Credit Card | ₹4,000 |
| FIRST Digital Rupay Credit Card | NIL |
| All other IDFC FIRST Bank Credit Cards | ₹100 |
Markup Charges on Foreign currency transactions and Dynamic Currency Conversion Transactions**
| FIRST Private Credit Card, FIRST WOW! Credit Card | NIL |
| FIRST Wealth Credit Card | 1.50% |
| FIRST Select Credit Card, Employee Credit Card | 1.99% |
| Club Vistara IDFC FIRST Credit Card | 2.99% |
| FIRST Digital Rupay Credit Card | As per Primary Credit Card## |
| All other IDFC FIRST Bank Credit Cards | 3.50% |
Fuel Surcharge Waiver
Fuel Surcharge of 1% (min Rs. 10) of transaction value + GST as applicable is levied by the acquirer(merchant's bank providing terminal /payment gateway).
Fuel Surcharge waiver of 1% of transaction value will be passed by IDFC FIRST Bank as per the table below (applicable only on fuel transactions with value between Rs. 200 and Rs. 5,000).
| Products | Maximum amount of Fuel Surcharge waiver per statement cycle |
| FIRST Millennia Credit Card, FIRST Classic Credit Card, FIRST WOW! Credit Card, LIC Classic Credit Card, FIRST SWYP Credit Card | ₹200 |
| FIRST Select Credit Card, LIC Select Credit Card, Employee Credit Card | ₹300 |
| FIRST Wealth Credit Card, Club Vistara IDFC FIRST Credit Card | ₹400 |
| FIRST Private Credit Card | No Capping |
| FIRST Digital Rupay Credit Card | As per Primary Credit Card## |
Others
| Cash advance# – transaction fee** | ₹199 |
| Return of cheque/Auto-Debit SI/ Payment Return | 2% of Payment amount subject to a minimum of ₹500 |
| Reward Redemption Fee | ₹99 per redemption transaction |
| Fee on cash payment at branches | NIL |
| Outstation cheque processing fee | NIL |
| Duplicate statement request | NIL |
| Cheque/Cash processing fee | NIL |
| Charge slip request | NIL |
| Rent and Property Management Fees [MCC 6513] | 1% of transaction amount |
| Balance Transfer Processing fee | Processing fee on Balance transfer transaction will be communicated at the time of the transaction |
| Instalment Products related fees and charges | Processing fee, Interest Rate and Pre-closure fee applicable on the below mentioned Instalment products will be communicated at the time of the transaction/ conversion: 1) Transaction(s) converted to EMIs 2) Balance Transfer converted to EMIs 3) Outstanding Balance converted to EMIs 4) Loan on Credit Card |
| Goods and Service Tax (GST) | Goods & Service Tax (GST) at 18% (or as notified by the Government of India) is applicable on all fees, interest and charges. |
*The finance (interest) rates applicable to a Card member depend on internal policy parameters of the Bank. These are final and binding, and subject to change at Bank's discretion.
**Dynamic Currency Conversion (DCC) is an option offered by international merchants or ATMs to the card member to pay or withdraw cash in Indian currency at the time of the transaction or cash withdrawal
^The Fuel transaction surcharge is levied by the acquirer (merchant's bank providing terminal / payment gateway). Fuel Surcharge Waiver will be capped at 1% of the eligible fuel transaction amounts irrespective of the fuel surcharge amount being levied by the merchants / acquirers. GST on Fuel surcharge will not be reversed. The value on charge slip will differ from the Credit Card statement since the Surcharge & GST is levied by acquiring bank post the transaction. The 1% surcharge waiver (excluding GST) for eligible transactions would reflect separately in the monthly Credit Card statement.
#cash advance facility not available on FIRST Digital RuPay Credit Card
##Primary credit card is the card against which UPI credit card is linked
^^Interest rate will be revised from 47.88% to 43.8% when the customer pays the minimum amount due
The above fees and charges are applicable w.e.f. 12th Mar 2024. For fees and charges applicable till 12th Mar 2024, refer current MITC (please click here)
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