Metal vs. plastic: Why switch to IDFC FIRST Bank metal credit cards

Parameter

Metal credit cards

Plastic credit cards

Look and feel

Designer look and premium feel

The look can be designer, but the feel is normal

Durability

Very durable as they do not break easily

Less durable and can break with a little effort

Ownership pride

A symbol of luxury and prestige

A simple card which has limited cosmetic value

Rewards and benefits

Accelerated rewards, premium benefits, and luxurious perks. Common examples include –

1. Golf programs
2. Offers on premium stays and airlines
3. Access to premium rewards and perks
4. Added benefits on international spends

Accelerated rewards, good benefits and normal perks. Common examples include –

1. Cashbacks and discounts across popular brands
2. Lounge access
3. Complimentary insurance
4. Dining and lifestyle benefits

Joining fee

High

Low. Some cards are even free for their lifetime

Eligibility

Usually offered to High Net-Worth Individuals (HNIs) or people earning a high annual income

The minimum income requirement is low. Secured cards are also available for new-to-credit individuals

Category

Ashva

Mayura

Reward points

1. Up to 10X reward points on incremental spends above ₹20,000 in a billing cycle and on your birthday
2. Up to 5X reward points on spending up to ₹20,000 in a billing cycle
3. 7,500 reward points, worth ₹1,875, upon payment of annual fee and spending a minimum of ₹8 lakhs in a year

1. Up to 10X reward points on spending more than ₹20,000 in a billing cycle and on your birthday
2. Up to 5X reward points on spending up to ₹20,000 in a billing cycle
3. 7,500 reward points, worth ₹1,875, upon payment of annual fee and spending a minimum of ₹8 lakhs in a year or 15,000 reward points, worth ₹3,750, on spending a minimum of ₹15 lakhs

Welcome benefits

₹500 cashback on four transactions worth ₹500 or more within the first 60 days of card generation

₹1,000 cashback on four transactions worth ₹1,000 or more within the first 60 days of card generation

Travel perks

1. 1% forex markup fee
2. Four complimentary domestic lounge visits in a quarter
3. Two complimentary international lounge visits in a quarter
4. Free trip cancellation protection of up to ₹25,000 twice every year
5. Four complimentary railway lounge visits every quarter

1. Zero forex markup fee
2. Four complimentary domestic lounge/spa visits in a quarter
3. Four complimentary international lounge visits in a quarter
4. One complimentary guest visit per quarter to the domestic airport lounges
5. Free trip cancellation protection of up to ₹50,000 twice every year
6. Four complimentary railway lounge visits every quarter

Lifestyle benefits

1. Spend more than ₹20,000/month and get two complimentary golf rounds/lessons
2. Buy-one-get-one movie tickets, up to ₹400, on BookMyShow
3. 1% fuel surcharge waiver of up to ₹400

1. 24 complimentary golf rounds/lessons annually
2. Buy-one-get-one movie tickets, up to ₹500, on BookMyShow
3. 1% fuel surcharge waiver of up to ₹500

Complimentary insurance

1. Air accident cover of ₹1 crore
2. Personal accident cover of ₹10 lakhs
3. Lost card liability cover of ₹50,000
4. Travel insurance cover worth $1200
5. Roadside assistance worth ₹1,399

1. Air accident cover of ₹1 crore
2. Personal accident cover of ₹10 lakhs
3. Lost card liability cover of ₹50,000
4. Travel insurance cover worth $1200
5. Roadside assistance worth ₹1,399