What is the annual fee for IDFC FIRST Select Credit Card?

No joining or annual fee currently listed.

IDFC

IDFC FIRST Bank Select Credit Card

Good for international travel and zero-forex spending.

IDFC FIRST VISA

Select

Should you get this?

Strong fit

Confirm terms with the issuer

Why this card

Forex markup is listed as 0%.
10 pts / ₹200 on eligible dining, international, and travel
You want a lifetime-free card.

Issuer evidence · 7 sources →

Trade-off

Welcome benefit details not verified

Annual fee ₹0 no annual fee currently listed

Rewards 3 pts / ₹200 base

Lounge access 1 per quarter · ₹20,000 spend in the previous month

Forex markup 0% zero forex

Compare with HSBC India Live+ →

Similar lounge profile

Rewards

Earning rules

Detail · from the summary above

General spend3 pts / ₹200Credited as reward pointsRewards apply only to spend up to your credit limit each statement cycle — shared across General spend, Dining, International spend, Travel, Insurance & Utilities

Dining10 pts / ₹200Credited as reward pointsShared across General spend, Dining, International spend, Travel, Insurance & Utilities

International spend10 pts / ₹200Credited as reward pointsShared across General spend, Dining, International spend, Travel, Insurance & Utilities

Travel10 pts / ₹200Credited as reward pointsShared across General spend, Dining, International spend, Travel, Insurance & Utilities

Show all 6 earning rules (2 more)

Insurance1 pt / ₹200Credited as reward pointsShared across General spend, Dining, International spend, Travel, Insurance & Utilities

Utilities1 pt / ₹200Credited as reward pointsShared across General spend, Dining, International spend, Travel, Insurance & Utilities

One shared ceiling applies across 6 of these categories — they draw from the same cap pool.

Redemption value

What a Reward Point is worth

Catalogue₹0.25 / pt
₹99 redemption fee

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

Reward reality

Conclusion · what you actually get

Eligible spend

3 points per ₹200 on eligible spend

Verified value

₹0.25 per point

Catalogue

Best verified lane

Dining

10 pts / ₹200

View bonus categories →

Caps

General spendRewards apply only to spend up to your credit limit each statement cycle — shared across General spend, Dining, International spend, Travel, Insurance & Utilities

View full earning rules →

No reward on

See earning rules →

Realisation

Credited as reward points

Reported reward terms

Evidence · not used in rates or comparisons

Reported category terms

Grocery: 3 points per ₹150Domestic & international

Reported by secondary sources · verify with issuer1 other source

Evidence only · excluded from decisions

Costs & fees

Eligibility

Applicant class · age · income

Reported criteria · as stated by sources

Self-employed applicant

Annual personal income: ₹12,00,000 or more

Reported by secondary sources · verify with issuer1 other source

Evidence only · excluded from decisions

Spending requirements

Spend gates · caps · milestone thresholds

Domestic lounge spend gate₹20,000monthLounge eligibility

Reported but unverified

Evidence · not used as this card's figures

Renewal fee: ₹0Reported by secondary sources · verify with issuer · 2 sources

Evidence only · excluded from decisions

Estimated usage

Example usage at this monthly spend

₹

At this monthly spend, you'd earn: Based on the standard earn rate (3 pts / ₹200). Up to ~750 pts/month if the entire spend qualifies. Excluded transactions and category rules earn less. Partner bonuses aren't included.
Worth ~₹190 at the conservative redemption floor

Illustrative only, using current base rates and snapshot data.

Benefits & charges

Side-by-side facts

Benefits

Lounge Access

Domestic (cardholder): 1 per quarter Condition: ₹20,000 spend in the previous month (unlocks the following month)
Railway (cardholder): 16 railway lounge visits per year (max 4/quarter)
International (cardholder): Not included on base card No international lounge access.
IDFC FIRST Select privileges T&C , opens external site

Rewards

Base earn: 3 points per ₹200 value depends on redemption
Effective return (honest floor): ~0.375% base (conservative redemption) · verified 5 Jul 2026 Conservative redemption floor; best documented path is not ranked on.
Headline point value: ₹0.25 per Reward Point (Catalogue) · verified 5 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: ₹5 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: 0.71%–3.85% per month Official IDFC FIRST MITC says all other IDFC FIRST Bank Credit Cards have finance charges of 0.71%–3.85% monthly / 8.5%–46.2% annually, depending on internal policy.
Annual fee: ₹0
Joining fee: ₹0 · verified 3 Sept 2026
Interest-free period: Up to 45 days · verified 7 Jul 2026

International Use

Forex markup: 0%

Issuer documented · single source · verify on issuer site

Where to verify

Operator-verified anchor

Travel & perks

Fuel Benefits

At the pump

1% fuel surcharge waived on transactions ₹200–₹5,000.
Maximum waiver ₹300 per month.
Fuel transactions do not earn reward points.

Fine print & compare

Compare with similar cards

Similar tier · similar benefits

SIDE BY SIDE

IDFC FIRST Bank Select

HSBC India Live+

SIDE BY SIDE

IDFC FIRST Bank Select

AU Small Finance Bank ixigo

SIDE BY SIDE

IDFC FIRST Bank Select

Federal Bank Celesta

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IDFC FIRST Bank Select

ICICI Bank Coral Visa

The fine print

Caps · exclusions · earning · redemption · last refresh

Caps & limits

Statement-cycle cap: Rewards apply only to spend up to your credit limit each statement cycle — shared across General spend, Dining, International spend, Travel, Insurance & Utilities.
After the shared cap is reached, further spending in that lane earns no rewards.

Exclusions

These spends do not earn reward points.

Financial

Redemption & expiry

Voucher redemption: ₹99 redemption fee per redemption

Latest update

Annual fee: ₹0.
Forex markup currently listed at 0%.
1 per quarter domestic lounge · ₹20,000 spend in the previous month.

Common questions

From verified card facts

Is this good for lounge access?

1 per quarter domestic lounge. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.

Is this good for international spends?

Forex markup is 0%, which can be useful for international spends if the annual fee and usage pattern still make sense.

Is the annual fee easy to recover?

No joining, annual, or renewal fee currently listed by the issuer. GST still applies where applicable. Fee tables can change — verify before applying.

When do welcome benefits arrive?

Legacy data contains a possible welcome-benefit signal, but the benefit item, qualification, and fulfilment are not verified. Check the issuer welcome email, MITC, and current offer page before relying on it.

Learn

Learn more

Guides matched to this card — not a random syllabus.

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