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Enjoy a host of benefits with a digital savings bank account

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IDFC FIRST Bank offers a new-age digital savings bank account for customers who use their smartphone for all things financial - right from making a transaction to handling investments. With IDFC FIRST Bank’s digital savings bank account, you can become the holder of a savings bank account instantly with only a few taps on your phone screen.

Our digital savings bank account comes with a range of benefits –

  • Our savings account offers competitive interest rates.
  • Transactions like IMPS, RTGS and NEFT are free on this savings account.
  • Online payments and transactions are made easier by this account.
  • There are multiple rewards and cashback for transactions you make using the savings account.
  • The account also comes with additional features like an accidental insurance cover and lost card liability cover.

IDFC FIRST Bank Digital Savings Account with Card Benefits

While opening your account, you can choose between a Savings Account with a VISA Signature Card and a Savings Account with a VISA Classic Card.

Some common benefits of both accounts are -

  • A voucher of ₹250 when you successfully open the account.
  • A voucher of ₹500 when you add a beneficiary and make a minimum fund transfer of ₹2,000.
  • Choose an FD of minimum ₹25,000 or an RD of minimum ₹5,000, and get a voucher of ₹250.
  • The first bill of ₹1000 or more which you pay using the mobile app or net banking entitles you to a voucher of ₹250
  • A voucher of ₹250 on making a minimum UPI transfer of ₹1,000.

Benefits of a Savings Account with a VISA Signature debit Card

  • You can avail a cashback of up to ₹250 on your first debit card transaction. This cashback is valid for both online and offline transactions of a minimum value of ₹1,000.
  • You can avail a BookMyShow cashback of ₹250 every month and free airport lounge access twice in a quarter.
  • You get a voucher worth ₹1,000 on spending a minimum of ₹20,000 with your debit card.
  • If you register yourself for WhatsApp banking, you get a voucher of ₹250.
  • Higher daily Purchase limit of Rs 6 L and Higher daily ATM Cash withdrawal limit of ₹2 Lakhs 
  • Unlimited free ATM Transactions anywhere in India
  • Free Air accident insurance cover of ₹1 Cr and Free Personal accident insurance cover of ₹35 Lakhs
  • The account comes with a lost card liability of ₹6 lakhs.

Benefits of a Savings Account with a VISA Classic Card

  • 5 Free financial ATM Transactions at IDFC FIRST and 5 Free financial Transactions at Non-IDFC FIRST Bank ATM locations.
  • Daily cash withdrawal of ₹1 lakh and higher purchase limit of ₹1.5 lakh.
  • The account offers you a personal accident cover of ₹2 lakhs.
  • You are also entitled to a lost card liability of ₹50,000.

IDFC FIRST Bank’s digital savings account offers all the benefits of a savings account minus the paperwork and the hassles of visiting the branch personally. Open a savings account online with IDFC FIRST Bank today and experience a host of benefits delivered with just a few taps on your phone.