IDFC

IDFC FIRST Bank Swyp Credit Card

Good fit for frequent travelers who value lounge access and low forex — ₹499 annual fee.

Top reasons to choose this card

16 domestic lounge visits, spend-gated
Low 0% forex markup

What you'd do with it

Useful for travelers who need around 16 domestic lounge visits a year.
Helpful for international spending because forex markup is kept to 0%.
Works when a ₹499 annual fee is acceptable for the accelerated earn rates.

Good for travel 0% forex · No airport lounge access lounge
Low forex 0% forex markup
Strong lounge access 16 railway lounge visits per year (max 4/quarter)

Suggested comparison Similar tier comparison Compare with Axis Bank ACE →

Choose another card to compare →

Annual fee ₹499 per year

Forex markup 0% zero forex

Lounge access 16 railway visits / year

Rewards / ₹100 — pts base

The catch Lounge access requires ₹20,000 spend per quarter. Check visit caps before travel.

Waiver condition missing
Welcome benefit timing may vary
Annual fee known
Forex markup known
16 railway lounge visits per year (max 4/quarter)

At a glance

Snapshot · usage · fit

Fast facts

Annual fee: ₹499 lower than 74 of 112 cards
Joining fee: ₹499
Forex markup: 0% among the lowest (10 cards)
Lounge access: 16 railway lounge visits per year (max 4/quarter) · No airport lounge access
Reward rate: —

Good fit for

Good for travel
Low forex
Strong lounge access

Still worth it?

Evidence-backed snapshot

Good fit if

Annual fee is relatively low at ₹499.
Forex markup is listed as 0%.
16 railway lounge visits per year (max 4/quarter)

Verify before applying

Annual fee known
Waiver condition missing
Forex markup known
16 railway lounge visits per year (max 4/quarter)
Airport lounge list may change
₹500 welcome benefit listed
Welcome benefit timing may vary

Welcome benefit timing and claim process.
Annual fee waiver terms and eligible spend exclusions.
Issuer fees, GST, finance charges, and late-payment terms.
Reward exclusions, caps, redemption value, and voucher timelines.

Next best move

Open the ranking that matches your constraint, or compare this card with the closest alternative.

Compare with Axis Bank ACE Similar tier comparison Zero forex credit cards Cards with published 0% international markup. Forex ranking (verified) Compared on verified forex markup, then annual fee. Lounge access shortlist Discovery list of cards with cardholder lounge access. Lounge ranking (verified) Compared on verified lounge access, then annual fee. Cards under ₹1,000 annual fee Lower-fee options in the current snapshot. Best travel credit cards Cards suited for international spend and lounge-heavy travel.

Is this good for lounge access?

16 railway lounge visits per year (max 4/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 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?

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

When do welcome benefits arrive?

A welcome benefit worth ₹500 is listed, but timing may depend on joining fee payment, card activation, first eligible transaction, or issuer processing.

Fees confidence: High Forex confidence: High Rewards confidence: High · issuer terms Lounge confidence: High Waiver confidence: Unknown

Card facts refreshed 11 July 2026.

Spending requirements

Spend gates · caps · milestone thresholds

Lounge access spend gate₹20,000period not specifiedLounge eligibilitytrivialstrong

Reward reality

Point value · limits · exclusions

Verified value₹0.25 per pointHeadline redemption

Estimated usage

Example usage at this monthly spend

₹

At this monthly spend, you'd earn: Base earn unclear — verify on issuer site
Fee waiver conditions unclear — verify

Illustrative only, using current base rates and snapshot data.

Benefits & charges

Side-by-side facts

Benefits

Lounge Access

Domestic (cardholder): No airport lounge access
Railway (cardholder): 16 railway lounge visits per year (max 4/quarter)
International (cardholder): Not included

Redemption value

You earn: Reward Points
Redemption: ₹0.25 per Reward Point · verified 7 Jul 2026

Insurance Cover

Lost card liability cover: ₹25,000
Underwriter: Insured by New India Assurance

Fees & charges

Fees

Annual fee: ₹499
Joining fee: ₹499 · verified 7 Jul 2026
Interest-free period: Up to 45 days · verified 7 Jul 2026

International Use

Forex markup: 0%

4 sources agree · verify issuer terms before applying

Where to verify

IDFC official page
CardInsider
Issuer site (verify current terms) (opens in new tab)
Operator-verified anchor
Product tier: Entry-level