{"id":3080,"date":"2022-01-27T10:27:59","date_gmt":"2022-01-27T10:27:59","guid":{"rendered":"https:\/\/bankkaro.com\/blog\/?p=3080"},"modified":"2022-10-03T07:09:40","modified_gmt":"2022-10-03T07:09:40","slug":"idfc-first-select-credit-card-review","status":"publish","type":"post","link":"https:\/\/bankkaro.com\/blog\/idfc-first-select-credit-card-review\/3080\/","title":{"rendered":"IDFC First Select Credit Card Review"},"content":{"rendered":"\n<p>IDFC First Select credit card is an entry-level premium credit card with lifestyle and reward-centric features. It comes with privileges like accelerated rewards on birthdays and incremental spending above \u20b9 20000. The card also has certain unique features like interest-free ATM cash withdrawal for upto 48 days.<\/p>\n\n\n\n<p>It is a good card for those looking to earn high rewards and avail of various VISA Signature program benefits. Here is our review of the IDFC First Select credit card where we deep dive into the pros, cons, rewards, cashback, and more. We attempt to answer whether this is the card for you or not.<\/p>\n\n\n\n<h2 id=\"fees-and-charges\" class=\"wp-block-heading\"><strong>Fees and Charges<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-gray-200-background-color has-background has-fixed-layout\"><thead><tr><th>Lable<\/th><th>Fees<\/th><\/tr><\/thead><tbody><tr><td>Joining Fees<\/td><td>Zero&nbsp;<\/td><\/tr><tr><td>Annual Fees<\/td><td>NIL (Lifetime Free credit card)<\/td><\/tr><tr><td>Interest Rate<\/td><td>Varies from 0.75% to 2.99% per month based on customers (9% to 36% per annum)<\/td><\/tr><tr><td>Markup Fees<\/td><td>1.99% applicable on all foreign transactions&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id=\"pros-and-cons\" class=\"wp-block-heading\"><strong>Pros and Cons<\/strong><\/h2>\n\n\n<div class=\"i2-pros-cons-icons i2-pros-cons-main-wrapper theme-i2pc-theme-03 no-title no-button has-space-between-column no-outer-border has-round-corner no-heading-icon\"><div class=\"i2-pros-cons-wrapper\"><div class=\"i2-pros\"><strong class=\"i2-pros-title\">Pros<\/strong><div class=\"section\"><ul class='has-icon'><li><i class='icon icon-thumbs-o-up'><\/i>5% cashback on the first EMI transaction within the first 90 days of card issuance<\/li><li><i class='icon icon-thumbs-o-up'><\/i>Reward points can be used to pay for online and offline store purchases instantly<\/li><li><i class='icon icon-thumbs-o-up'><\/i>1% fuel surcharge waiver at all fuel stations across India<\/li><li><i class='icon icon-thumbs-o-up'><\/i>Reward points for select merchandise and coupons can be redeemed without fees<\/li><li><i class='icon icon-thumbs-o-up'><\/i>Earned rewards points on IDFC First Select do not expire<\/li><li><i class='icon icon-thumbs-o-up'><\/i>Interest-free cash withdrawal upto 48 days<\/li><li><i class='icon icon-thumbs-o-up'><\/i>Lost card liability of upto \u20b9 50000 and complimentary personal insurance cover of upto \u20b9 5 Lakhs<\/li><li><i class='icon icon-thumbs-o-up'><\/i>Welcome vouchers worth \u20b9 500 on spending \u20b9 15000 in the first 90 days<\/li><\/ul><\/div><\/div><div class=\"i2-spacer\"><\/div><div class=\"i2-cons\"><strong class=\"i2-cons-title\">Cons<\/strong><div class=\"section\"><ul class='has-icon'><li><i class='icon icon-thumbs-o-down'><\/i>No complimentary international airport lounge access<\/li><li><i class='icon icon-thumbs-o-down'><\/i>Very limited premium features or accessibility<\/li><\/ul><\/div><\/div><\/div><\/div>\n\n\n<h2 id=\"rewards-and-cashbacks\" class=\"wp-block-heading\"><strong>Rewards and Cashbacks<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>4 complimentary Railway lounge visits per quarter<\/li><li>10X reward points on spending over \u20b9 20000 per month and on birthday purchases<\/li><li>6X reward points on online spending and 3X points<\/li><li>4 complimentary domestic airport lounge visits per quarter<\/li><li>Complimentary air accident insurance<\/li><li>10 reward points on every \u20b9 100 spent on this card<\/li><li>Comprehensive Travel Insurance Cover<\/li><\/ul>\n\n\n\n<div class=\"wp-block-buttons is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-499968f5 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50\"><a class=\"wp-block-button__link has-red-background-color has-background\" href=\"https:\/\/ckaro.in\/NTQwMDM=\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Apply for IDFC  First Select  Credit Card  <\/a><\/div>\n<\/div>\n\n\n\n<h2 id=\"who-should-get-an-idfc-first-select-credit-card\" class=\"wp-block-heading\"><strong>Who Should Get an IDFC First Select Credit Card?<\/strong><\/h2>\n\n\n\n<p>IDFC First Select Credit card provides features like accelerated rewards when spending crosses the limit of \u20b9 20000 in a month. It offers features like complimentary air accident insurance worth&nbsp;\u20b9 1 Crore.&nbsp;<\/p>\n\n\n\n<p>Are the majority of your spending on categories like shopping (online\/offline), travel, wellness, fuel, and entertainment? It would be best to try your hands on this card as it has a high reward rate and offers cashback in these categories without any monthly upper limits.\u00a0<\/p>\n\n\n\n<h2 id=\"eligibility-criteria-for-idfc-first-select\" class=\"wp-block-heading\"><strong>Eligibility Criteria for IDFC First Select<\/strong><\/h2>\n\n\n\n<p><strong>A. Age <\/strong><\/p>\n\n\n\n<p><strong>21 years to 60 years.<\/strong><\/p>\n\n\n\n<p><strong>B. Occupation<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Self-employed Individuals<\/li><li>Salaried individuals<\/li><\/ol>\n\n\n\n<p><strong>C. Income<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>More than \u20b9 25,000 per month<\/li><\/ol>\n\n\n\n<p><strong>D. ID Proof (any one of the following)<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>PAN Card<\/li><li>Aadhaar card<\/li><li>Driver\u2019s License<\/li><li>Passport<\/li><li>Voter\u2019s ID<\/li><li>Overseas Citizen of India Card<\/li><li>Person of Indian Origin Card<\/li><li>Job card issued by NREGA<\/li><li>Letters issued by the UIDAI or any other government-approved photo ID proof<\/li><\/ol>\n\n\n\n<p><strong>E. Address Proof (any one of the following)<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Aadhaar card<\/li><li>Driver\u2019s License<\/li><li>Passport<\/li><li>Utility Bill not more than three months old<\/li><li>Ration Card<\/li><li>Property Registration Document<\/li><li>Person of Indian Origin Card<\/li><li>Job card issued by NREGA<\/li><li>Bank Account Statement or any other government-approved address proof<\/li><\/ol>\n\n\n\n<p><strong>F. Income Proof (any one of the following)<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Latest one or two salary slips (not more than three months old)<\/li><li>Latest Form 16<\/li><li>Last three months\u2019 bank statement<\/li><\/ol>\n\n\n\n<p><strong>G. Income Proof:<\/strong> Internal Policy criteria are based on bureau history, any existing Bank relationship, customer demographics, and credit exposure.<\/p>\n\n\n\n<p><strong>Similar Blog <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/bankkaro.com\/blog\/idfc-first-classic-credit-card-review\/3087\/\" data-type=\"URL\" data-id=\"https:\/\/bankkaro.com\/blog\/idfc-first-classic-credit-card-review\/3087\/\">IDFC first classic credit card benefits<\/a><\/li><li><a href=\"https:\/\/bankkaro.com\/blog\/idfc-first-wealth-credit-card-review\/3123\/\" data-type=\"URL\" data-id=\"https:\/\/bankkaro.com\/blog\/idfc-first-wealth-credit-card-review\/3123\/\">IDFC wealth credit card eligibility<\/a><\/li><li><a href=\"https:\/\/bankkaro.com\/blog\/idfc-first-millennia-credit-card-review\/3034\/\" data-type=\"URL\" data-id=\"https:\/\/bankkaro.com\/blog\/idfc-first-millennia-credit-card-review\/3034\/\">IDFC first millennia credit card benefits<\/a><\/li><\/ul>\n\n\n\n<h2 id=\"conclusion\" class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>Loaded with many privileges, the IDFC First Select credit card has an impressive reward rate for all transactions across various categories. Overall, it is a good fit for customers looking for a decent reward rate and domestic travelers.&nbsp;<\/p>\n\n\n\n<p>It lacks high-end features like dedicated concierge services, complimentary priority pass membership, and free rounds of Golf. If you are a frequent flyer and dream of a lavish lifestyle, this card may not be your first choice. However, with it being a lifetime free card, we aren\u2019t really complaining. It can definitely be a good addition to your wallet.<\/p>\n","protected":false},"excerpt":{"rendered":"IDFC First Select credit card is an entry-level premium credit card with lifestyle and reward-centric features. It comes&hellip;\n","protected":false},"author":5,"featured_media":3083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_appearance_grid":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":""},"categories":[11],"tags":[24,30],"class_list":{"0":"post-3080","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-reviews","8":"tag-credit-cards","9":"tag-idfc-first-bank","10":"cs-entry","11":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/posts\/3080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/comments?post=3080"}],"version-history":[{"count":7,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/posts\/3080\/revisions"}],"predecessor-version":[{"id":5959,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/posts\/3080\/revisions\/5959"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/media\/3083"}],"wp:attachment":[{"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/media?parent=3080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/categories?post=3080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bankkaro.com\/blog\/wp-json\/wp\/v2\/tags?post=3080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}