IDFC

Ashva Metal Credit Card

Good for frequent travelers who value lounge access and low forex.

IDFC FIRST VISA

Ashva Metal

Should you get this?

Strong fit

Confirm terms

Why this card

Forex markup is low at 1%.
You travel frequently and will use the lounge benefits.
You spend in the card's stronger reward categories.

Issuer evidence · 10 sources →

Trade-off

Annual fee waiver isn't clearly documented.

Annual fee ₹2,999 per year

Rewards 5 pts / ₹150

Lounge access 4 domestic + 2 international visits / quarter

Forex markup 1% low

Compare with HDFC Bank Regalia Gold →

Similar lounge profile

Rewards

Earning rules

Detail · from the summary above

General spend5 pts / ₹150——

General spend10 pts / ₹150spend threshold not fully modelled—

Education Wallet Govt Rent3 pts / ₹150——

Utility Insurance1 pt / ₹150——

Redemption value

What a Reward Point is worth

Travel₹0.4 / pt
Cashback₹0.25 / pt

Annual fee break-even math

When does this card pay for itself

₹3.6L

Conservative yearly spend needed at the ₹0.25-per-point ranking floor.

Best documented case: about ₹2.3L at ₹0.40 per point.

Reward reality — the earning-rate detail behind the numbers above

Reward reality

Conclusion · what you actually get

Verified value

₹0.25 per point

Cashback

Base earn

5 points per ₹150

(~0.833% base, up to 1.333% via transfers)

Costs & fees

Spending requirements

Spend gates · caps · milestone thresholds

Lounge access spend gate₹20,000monthLounge eligibilityreasonablestrong

Estimated usage

Example usage at this monthly spend

₹

At this monthly spend, you'd earn: Based on the standard earn rate (5 pts / ₹150). ~1,670 pts/month. Category and partner bonuses aren't included in this estimate.
Fee waiver conditions unclear — verify
Forex cost ~₹500 per ₹50k international spend

Illustrative only, using current base rates and snapshot data.

Benefits & charges

Side-by-side facts

Benefits

Lounge Access

Domestic (cardholder): 4 per quarter · verified 6 Jul 2026 Condition: ₹20,000 spend in the previous month

5 sources agree · verify issuer terms before applying

Where to verify

PaisaBazaar
IDFC official page
Operator-verified anchor
Issuer MITC
Operator config (Idfc First Ashva International Quarterly)
Railway (cardholder): 16 railway lounge visits per year (max 4/quarter)

5 sources agree · verify issuer terms before applying

Where to verify

PaisaBazaar
IDFC official page
Operator-verified anchor
Issuer MITC
Operator config (Idfc First Ashva International Quarterly)
International (cardholder): 2 per quarter — via · verified 6 Jul 2026 Condition: ₹20,000 spend in the previous month

5 sources agree · verify issuer terms before applying

Where to verify

PaisaBazaar
IDFC official page
Operator-verified anchor
Issuer MITC
Operator config (Idfc First Ashva International Quarterly)
Guest access: Guests: paid access
IDFC FIRST Ashva airport lounge T&C , opens external site

Rewards

Base earn: 5 points per ₹150 value depends on redemption
Effective return (honest floor): ~0.833% base, up to 1.333% via transfers · verified 12 Jul 2026 Conservative redemption floor; best documented path is not ranked on.
Headline point value: ₹0.25 per Reward Point (Cashback) · verified 12 Jul 2026 Operator-verified headline rate — full channel grid in Redemption value.
Point validity: Points expire 2 years after earning · verified 7 Jul 2026

Insurance Cover

Air accident cover: ₹1 crore · verified 5 Jul 2026
Personal accident cover: ₹10 lakh · verified 5 Jul 2026
Lost card liability cover: ₹50,000 · verified 5 Jul 2026
Underwriter: Insured by New India Assurance · verified 7 Jul 2026

Fees & charges

Fees

Monthly interest rate: 3.99% / month
Annual fee: ₹2,999
Joining fee: ₹2,999 · verified 12 Jul 2026
Interest-free period: Up to 45 days · verified 7 Jul 2026

International Use

Forex markup: 1%

Single source · verify on issuer site

Where to verify

Operator-verified anchor
Product tier: Mid-tier

Travel & perks

Fuel Benefits

At the pump

Fuel surcharge waived on transactions of ₹200+.

Fine print & compare

Compare with similar cards

Similar tier · similar benefits

SIDE BY SIDE

IDFC FIRST Bank Ashva Metal

HDFC Bank Regalia Gold

SIDE BY SIDE

IDFC FIRST Bank Ashva Metal

BOBCARD Eterna

SIDE BY SIDE

IDFC FIRST Bank Ashva Metal

BOBCARD Tiara

SIDE BY SIDE

IDFC FIRST Bank Ashva Metal

Axis Bank Privilege

The fine print

Caps · exclusions · earning · redemption · last refresh

Latest update

Annual fee: ₹2,999.
Forex markup currently listed at 1%.
4 per quarter domestic lounge · 2 per quarter international.

Common questions

From verified card facts

Is this good for lounge access?

4 domestic + 2 international lounge visits/quarter. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.

Is this good for international spends?

Forex markup is 1%, which can be useful for international spends if the annual fee and usage pattern still make sense.

Is the annual fee easy to recover?

Value depends on usage and waiver terms. GST may apply on the annual fee.

When do welcome benefits arrive?

A welcome benefit worth ₹2,000 is listed, but timing may depend on joining fee payment, card activation, first eligible transaction, or issuer processing.

Learn

Learn more

Guides matched to this card — not a random syllabus.

All guides →