IDFC First Classic Credit Card - Features, Benefits, Fees & Charges

Best For

Shopping

Online Food Ordering

Dining

Grocery Shopping

Travel

Joining/Annual Fees

Joining Fees

₹0 ( ₹0 + GST )

No joining fee offset

Annual Fees

₹0 ( ₹0 + GST )

No annual fee waiver

Eligibility

Age Criteria

21-60 years

Salary Criteria

3 LPA

Credit Rating*

720+

See if you are eligible for this card

How to redeem?

Rewards Conversion Rate

1 Reward Point = ₹0.25

Redemption Options

Travel booking
mobile/ DTH Recharge
Vouchers

To check redemption catalogue

All Card Benefits

All Card Benefits

10X Reward Points on incremental spends above ₹20,000 per month and spends done on your birthday. 1 RP = Rs 0.25
3X Reward Points on applicable online and offline purchases for spends upto Rs 20,000 per month. 1 RP = Rs 0.25
4 complimentary railway lounge visits per quarter
Welcome voucher worth ₹ 500 on spending ₹ 5000 or more within 30 days of card generation
5% cashback (up to ₹1000) on the transaction value of first EMI done within 30 days of card generation
Complimentary Roadside Assistance worth ₹1,399
Fuel surcharge waiver of 1%, at all fuel stations across India, up to ₹200 per month
25% discount on movie tickets up to ₹100 (valid once per month)

Bank Exclusions

You will not earn points / cashback on spends in the following categories

For Points / Cashback Earnings

Fuel Spends

EMI Spends

ATM Cash Withdrawals

Rent Payment

Government-related Transactions

Education Spends

Wallet Loads

Utility Bill Payments

Insurance Payments

For Spends Waiver

Fuel Spends

EMI Spends

ATM Cash Withdrawals

Rent Payment

Government-related Transactions

Education Spends

Wallet Loads

Utility Bill Payments

Insurance Payments

Bank Fee Structure

Structure	Details
Forex Markups 1.5% Forex Markups are levied if you use your card to make payment in any currency other than INR. This fee will be levied if you shop on any ecomerce website which accepts payment in currency other than INR or if you make a payment outside of India using a POS. Below mentioned table gives forex markup for most common spends Rs 100 - Rs 1.5 Rs 1000 - Rs 15 Rs 10,000 - Rs 150 Rs 1,00,000 - Rs 1500	1.5%
APR Fees 0.71% to 3.85% monthly fee. Credit cards allow you for a interest free payment period of 20-55 days. However, if you fail to make payment for your statement in due time then bank starts charging interest. A simple way to avoid heavy interest rates over long time is to convert your large spends in EMIs. Normally bank charges 16% p.a interest on EMIs however if you fail to pay in time then annual interest can reach upto 46.2%	0.71% to 3.85%
ATM Withdrawl 0% interest for up to 45 days	₹199 + GST per transaction
Reward Redemption Fees ₹99 is applicable for Reward Redemption Fee	₹99
Link for all T&Cs	Click Here
Railway Surcharge 1% of the transaction amount + GST will be charged on Railway Ticket Purchases	1%
Rent Payment Fees 1% of transaction value, subject to a minimum of ₹249 per transaction	1%
Cheque Payment Fees Cheque Pickup Fee: ₹100 per instance. Cheque Return Fee: 2% of the cheque amount, subject to a minimum of ₹450	₹100
Cash Payment Fees ₹100 cash payment fee per deposit	₹100

Late Payment Fees 7% of the total amount due, subject to a minimum of ₹200 and a maximum of ₹1,000	Amount Due
₹0 - ₹500	₹200
₹501 - ₹5000	₹200-₹350
₹5001 - ₹10000	₹350-₹700
₹10001- and above	₹700-₹1000