IDFC First Bank- Features, benefits, and eligibility criteria|Best Credit Cards to Apply|
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Indialends, 25 Apr 2026

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IDFC Bank Credit Cards

The IDFC bank is the new entry in the credit card market. Initially, they introduce four-lifetime free credit cards catering to varying lifestyles and financial needs of the customers. Focus is more on making daily spending easier for the cardholders. The features available in IDFC Credit Cards are unique. Based on the credit profile, the interest rate offers to customers starts from 9% per annum and it goes up to 36 % per annum.

IDFC First Bank also charges a lower fee for cash withdrawal and gives up to 48 days of the interest-free period. Being a late entrant in the credit card market, IDFC First had to come up with such innovative features to make their cards stand out.

The Eligibility criteria of IDFC First Credit Card

The IDFC First Credit Cards at present is available only for existing customers of IDFC First Bank. The eligibility criteria of IDFC Bank are not much clear. When the card is officially launched for everyone, the bank would decide the eligibility based on multiple factors including age, occupation, income, credit score, and more.

Popular IDFC First Credit Cards

IDFC First Bank Credit Cards are offered in 4 different variants-

Features IDFC First Credit Card

  • Zero over-limit fees
  • Zero add-on charges
  • Zero reward redemption fees
  • Interest-free cash withdrawal from ATMs for up to 48 days from the date of card issuance
  • Low Interest Rate (% APR), starting at 0.75% p.m. (9% annually)

IDFC Credit Card fee and charges:

Fee and Charges Amount
Joining Fee NIL
Over limit fee NIL
Interest rate/ Finance Charges Starting 0.75% per month
Reward Redemption Fee NIL
Foreign Currency Mark-up fee 3.5%
Late Payment Fee 15% of Total Amount Due (subject to Min Rs. 100 and Max up to Rs. 1,000)
International and domestic cash advance fee Rs 250
EMI Fees 1% of transaction value (minimum Rs. 99), Fee will be levied if booked through any channel, unless done at the Point-of-Sale terminal or merchant website/ app
Card Replacement Fee Rs 100

How to apply for IDFC First Bank Credit Card on their official website?

  • Visit the official website of IDFC Bank
  • Click on the ‘Credit Cards’
  • Click on the ‘Apply Now’ button
  • Fill in your personal and income details
  • Submit the application

Click here to know more about credit cards offered by lender. Choose from 50+ credit cards, offered by the top banks with exciting rewards & cashback

FAQ’s

Loan against mutual funds (LAMF) allows you to borrow cash against your mutual fund investments as collateral. You can use Volt Money to lien mark your mutual funds digitally to avail an instant limit without losing the ownership of your mutual funds and all the associated benefits with it. Funds will be made available in the form of an overdraft facility.

The annual fee for the Axis Privilege Card is typically Rs. 1,500 plus taxes. This fee can be waived if the cardholder achieves an annual spending milestone, though the exact spending amount for the waiver can vary by card variant. For example, a common waiver condition is spending above Rs. 2.5 lakh in an anniversary year.

Luxe Vouchers are digital gift cards that can be redeemed across popular luxury and lifestyle brands such as Myntra, Flipkart, Pantaloons, and more. Once you qualify for the offer, the voucher code will be sent directly to your registered email ID or mobile number. In most cases, vouchers are delivered within 5–7 working days after successful validation of your transaction or application.

Yes, you can apply even with a low CIBIL score, but your chances of approval may be limited. Most banks and lenders prefer a CIBIL score of 750 or above for quick approval and better interest rates. If your score is lower, some lenders may still consider your application based on other factors such as your income, employment stability, or existing relationship with the bank. However, you may be offered a lower loan amount or higher interest rate. Improving your credit score before applying can increase your chances of getting approved on favorable terms.

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