IDFC First Wealth Credit Card Review

IDFC First Wealth Credit Card Review: If you’re looking for a reliable and affordable credit card, the IDFC First Wealth Credit Card is a great option. This card offers a number of great benefits, including a 0% introductory APR on purchases and balance transfers for the first 12 months, and a host of other features. When it comes to rates and fees, the IDFC First Wealth Credit Card is also very competitive. There is no annual fee, and the card has a low APR of 9.99% – 24.99%.

This means that you can take advantage of great deals and low rates without worrying about high-interest rates. Overall, the IDFC First Wealth Credit Card is a great option for anyone looking for a reliable and affordable credit card. With a wide range of benefits, competitive rates and fees, and no annual fee, this card is perfect for anyone looking to improve their financial situation.

IDFC First Wealth Credit Card Review
IDFC First Wealth Credit Card Review

1) IDFC First Wealth Credit Card Review – An Introduction

IDFC First Wealth Credit Card is a great option for those looking for a credit card that provides high rewards and low fees. This card offers a 0% intro APR on balance transfers for the first 12 months, cash back on all purchases, and no annual fee. It also provides access to exclusive benefits like discounts on flights and hotel stays. Additionally, the card has built-in fraud protection, making it a safe and secure choice. With its great rewards and low fees, IDFC First Wealth Credit Card is an excellent choice for anyone looking for a reliable credit card

Annual / Joining Fee Nil (Lifetime Free Credit Card)
Best Suited For Unlimited Reward Points, Travel privileges, Entertainment benefits
Key Feature Up to 10X Reward Points that never expire
NSBB Rating ★★★★ (4.5/5)
Reward Rate Offline Purchases: 3% | Online Purchases: 6%
Welcome Benefits Gift vouchers worth Rs. 500 and 5% cash back on the first EMI transaction

 

If you are looking for a credit card that offers great rewards and benefits, then you should consider the IDFC First Wealth Credit Card. This card is packed with features that make it a great choice for anyone who wants to earn rewards on their purchases. Here is an overview of the IDFC First Wealth Credit Card and what it has to offer.

The IDFC First Wealth Credit Card offers a wide range of benefits and features that make it a great choice for anyone who wants to earn rewards on their purchases. Some of the key features of this card include:

• Earn 5% cash back on all your spending using the card.

• Get a complimentary airport lounge access pass every year.

• Enjoy exclusive discounts and offers at partner outlets.

• Get up to a 2% fuel surcharge waiver at select petrol pumps.

• Get 24/7 concierge service and emergency assistance.

• Enjoy a host of other benefits such as travel insurance, extended warranty on purchases, and more.

The IDFC First Wealth Credit Card is a great choice for anyone who wants to earn rewards on their purchases. If you are looking for a credit card that offers great rewards and benefits, then you should consider the IDFC First Wealth Credit Card.

2) The Key Features and Benefits of the IDFC First Wealth Credit Card

IDFC First Wealth Credit Card is one of the best credit cards in India that offer a wide range of benefits and features to its users. Some of the key features and benefits of this credit card are as follows:

• IDFC First Wealth Credit Card offers a credit limit of up to Rs. 10 lakhs.

• This credit card comes with a host of lifestyle and travel benefits such as airport lounge access, fuel surcharge waiver, movie tickets, and more.

• IDFC First Wealth Credit Card also offers exclusive privileges such as concierge services and personal accident insurance coverage.

• This credit card comes with a flexible repayment option of up to 48 months.

• IDFC First Wealth Credit Card offers a wide range of rewards and cashback benefits.

3) The Eligibility Criteria for the IDFC First Wealth Credit Card

The Eligibility Criteria for the IDFC First Wealth Credit Card are as follows:

1. You should be a resident of India.

2. You should be at least 18 years of age.

3. You should have a regular source of income.

4. You should have a good credit history.

5. You should have valid ID proof.

6. You should have valid address proof.

7. You should have a PAN card.

8. You should have a bank account in India.

4) The Fees and Charges of the IDFC First Wealth Credit Card

IDFC First Wealth Credit Card is one of the best credit cards in India with a lot of features and benefits. The card comes with a lot of exciting features like unlimited access to airport lounges, cashback on fuel, and more. However, there are some fees and charges associated with the card that you need to be aware of. In this blog, we will take a look at the fees and charges of the IDFC First Wealth Credit Card.

Joining Fee NIL
Annual Fee NIL
Interest in Cash Advances From 0.75% to 2.99% per month | 9% to 35.88% per year
FX Markup 1.5%
Late Payment Fee Less than Rs. 100 = NIL
Rs. 500 = Rs. 100
Rs. 5,000 = Rs. 750
Rs. 8,000 = Rs. 1,250
Rs. 10,000 and more = Rs. 1,250
Cash Advance Fee Rs. 250 (International and Domestic)

 

The IDFC First Wealth Credit Card comes with a host of benefits and features, including annual fees and charges. The annual fee for the card is Rs.0, while the add-on card fee is Rs. 1,499. The foreign currency markup fee is 3.5% and comes with a cash advance fee of 3%, or a minimum of Rs. 500.

Late payment charges are also applicable and can range from Rs. 100 to Rs. 750 depending on the amount due. Cardholders also have to pay a charge for balance transfer requests of up to 5% of the outstanding amount or Rs. 500, whichever is higher.

5) How to Apply for the IDFC First Wealth Credit Card

If you are looking for a credit card that offers great rewards and benefits, then you should consider the IDFC First Wealth Credit Card. This card is ideal for those who spend a lot on their credit card every month. With this card, you can earn up to 5% cash back on your purchases, and you will also get a welcome bonus of up to Rs. 10,000. To apply for the IDFC First Wealth Credit Card, you will need to have a good credit history and a steady income. Here are the steps that you need to follow to apply for this credit card:

1. Visit the IDFC First Bank website and log in to your account.

2. Click on the ‘Apply Now’ button on the homepage.

3. Fill in the application form with your personal and financial details.

4. Upload the required documents.

5. Submit the form and wait for approval.

If you are eligible for the IDFC First Wealth Credit Card, you will receive the card within a few days. You can start using your card immediately and enjoy the benefits that it has to offer.

6) The Bottom Line

IDFC First Wealth Credit Card Review – 6 The Bottom Line

So, should you get the IDFC First Wealth Credit Card?

Here’s a quick rundown of the pros and cons:

Pros

• Generous welcome offer of up to Rs. 10,000

• Complimentary airport lounge access

• Attractive rewards program

• Good choice of additional features

Cons

• Limited international acceptance

• High fuel surcharge

All things considered, the IDFC First Wealth Credit Card is a great choice for high-spenders who are looking for a card with a generous rewards program and a host of additional features. If you travel frequently, the complimentary airport lounge access will be a valuable perk. However, if you spend a lot on fuel, you may be better off with a card that doesn’t charge a fuel surcharge.

7) IDFC First Wealth Credit Card FAQ

1. What is the IDFC First Wealth Credit Card?

The IDFC First Wealth Credit Card is a premium credit card offered by IDFC First Bank. It is designed for high-spending individuals who want to earn rewards on their everyday purchases. The card offers a host of benefits, including cashback, discounts, and airport lounge access.

2. How do I apply for the IDFC First Wealth Credit Card?

You can apply for the IDFC First Wealth Credit Card online, through the IDFC First Bank website. The application process is simple and takes only a few minutes.

3. What are the eligibility criteria for the IDFC First Wealth Credit Card?

The eligibility criteria for the IDFC First Wealth Credit Card are as follows:

– You must be at least 18 years of age.
– You must have a regular source of income.
– You must have a good credit history.

4. What are the benefits of the IDFC First Wealth Credit Card?

The benefits of the IDFC First Wealth Credit Card include:

– Earn up to 5% cash back on all your spending.
– Get discounts on dining, shopping, and travel.
– Enjoy complimentary airport lounge access.
– Get up to 50% off on movie tickets.
– Earn reward points that can be redeemed for exciting gifts and experiences.

5. How much cashback can I earn with the IDFC First Wealth Credit Card?

You can earn up to 5% cash back on all your spending with the IDFC First Wealth Credit Card. There is no limit on the amount of cashback you can earn.

6. How do I redeem my cashback?

You can redeem your cashback by logging into your IDFC First Bank account and choosing your preferred method of redemption. You can either redeem your cashback for exciting gifts and experiences or transfer it to your bank account.

7. What is the annual fee for the IDFC First Wealth Credit Card?

The annual fee for the IDFC First Wealth Credit Card is Nil.

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