IDFC First Bank Select Credit Card: Features, Benefits, Fees

IDFC FIRST Select is a premium credit card provided by IDFC FIRST Bank. It is one of the best credit cards that provide superior rewards, attractive welcome gifts, exciting travel benefits, interesting offers, and much more without any fee. IDFC First Select Credit Card is a lifetime free card where you don't have to pay any joining or annual fee to enjoy the unlimited benefits. This card has been designed keeping in mind the lifestyle and spending habits of the customer to make their transactions more rewarding.

Features and Benefits of IDFC First Select Credit Card

IDFC First Select Credit Card is designed to delight you with a wide range of benefits. Some of the benefits you can enjoy with this card include:

Welcome benefits

For a warm welcome, the bank provides a few benefits that can be availed within 90 days from the date of card activation. These benefits are:

• A voucher worth Rs 500 on spending Rs 15,000 or more
• 5% cashback on paying the first EMI

Reward Points

IDFC First Select Credit Card makes it easy to earn and redeem reward points. You can earn unlimited reward points that never expire and can be used instantly to pay for online or in-store purchases.

• 10x reward points on monthly purchases of more than Rs 20,000.
• 10x reward points on every transaction made on your birthday
• 6x reward points on online purchases and 3x reward points on offline purchases on spending over Rs 25,000 every month

Dining benefits

Up to 20% discount can be availed on using this credit card at restaurants. There are 1500+ partner restaurants where you can enjoy this dining benefit.

Travel benefits

If you love travelling or have to travel for work, you will get a lot of benefits with the IDFC First Select Credit Card.

• Complimentary domestic airport lounge visit (4 visits per quarter)
• Complimentary Railway lounge access (4 per quarter)
• Travel Insurance Cover of Rs 22,500
  • Loss of Checked-in Baggage: Rs 7,500
  • Delay of Checked-In Baggage: Rs 5,000
  • Loss of Passport and other documents: Rs 5,000
  • Delay of Flight: Rs 5,000
• 1.99% low foreign exchange markup fee

Fuel benefits

1% fuel surcharge waiver across all fuel stations in India on making payment through IDFC First Select Credit Card. You can avail of up to Rs 300 discount every month on fuel.

Insurance Benefits

With IDFC First Select Credit Card, you will get 3 types of insurance cover to stay protected.

• Air Accident Cover of Rs 1 crore
• Lost Card Liability Cover of Rs 50,000
• Personal Accident Cover of Rs 5,00,000

Other exclusive benefits

There are some more IDFC First Select Credit Card benefits that make it a reason to love. These are:

• 'Buy one, get one’ offer on movie tickets up to Rs 250. You can avail this offer twice a month on making booking tickets through Paytm mobile app.
• Up to 15% off on 3000+ health and wellness outlets
• Rs 1,399 worth complimentary roadside assistance

Fees and Charges of IDFC First Select Credit Card

Description	Charges
Joining fees	NIL
Annual/ Renewal fees	NIL (lifetime free credit card)
Cash withdrawal fees	Rs 250 per transaction (Interest-free withdrawal up to 48 days from card activation)
Card replacement fees	Rs 100
Late payment fees	15% of the total due amount (Minimum of Rs 100 and maximum of Rs 1250)
Fuel surcharge	1% (Up to Rs 300 per month)
Forex markup fees	1.99%

Eligibility Criteria for IDFC First Select Credit Card

To get your hands on credit card, you need to comply with all the IDFC First Select Credit Card eligibility criteria. Learn about them and enjoy a hassle-free process.

• Age:21 years or above
• Nationality: Applicant must be an Indian resident and should have a current and permanent residence address in India
• Income: Net monthly income should be more than Rs 25,000
• Credit Bureau History: A good credit bureau score is required with no record of loan defaults or missed payments on loans or credit cards

Documents required for IDFC First Select Credit Card

Following documents are required to be submitted with your IDFC First Select Credit Card application.

• Identity Proof (any of the following):
  • PAN Card
  • Aadhaar card
  • Driver’s Licence
  • Passport
  • Voter’s ID
  • Overseas Citizen of India Card
  • Person of Indian Origin Card
  • Job card issued by NREGA
  • Letters issued by the UIDAI or any other government-approved photo ID proof
• Address Proof (any one of the following):
  • Aadhaar card
  • Driver’s Licence
  • Passport
  • Utility Bill not more than three months old
  • Ration Card
  • Property Registration Document
  • Person of Indian Origin Card
  • Job card issued by NREGA
  • Bank Account Statement or any other government-approved address proof
• Income Proof (any one of the following):
  • Latest one or two salary slips (not more than three months old)
  • Latest Form 16
  • Last three months’ bank statement

IDFC First Select Credit Card Limit

There is no set credit limit for IDFC First Select Credit Card. It wholly depends on the applicant's income and CIBIL score. While reviewing the application, the bank professionals select the limit based on several factors.

While it is not predefined, you can work towards a higher limit. Following are a few tips for the same.

• Improve your CIBIL score that showcases your credit worthiness
• Repay your credit card bills on time to avoid delays and penalties
• Use your credit card more often and at different retailers
• Create a good relationship with the bank and be a trustworthy customer

IDFC First Select Credit Card Limit Payment

Designed for the benefit of the customers, it offers various payment methods for clearing your bill. You can pick any of the methods that are feasible for you.

• Cash or Cheque by visiting the bank branch
• IDFC First Bank Internet Banking
• UPI Payments
• Net banking or Debit card of another bank
• IMPS or NEFT