IDFC First WOW Credit Card

About IDFC First WOW Credit Card

Are you struggling to get a credit card because you don't have a salary slip or a high credit score? The IDFC First WOW Credit Card changes the game by removing the usual barriers that keep people from accessing credit.

This card works differently than your average credit card. With no minimum income requirement, it is designed for those who want to start their credit journey or rebuild their financial standing. Whether you are a student, a homemaker, or someone who is self-employed without formal income documents, this card puts a powerful financial tool in your hands without the stress of rejection.

Built for individuals between 18-80 years old, the IDFC First WOW Credit Card is the ultimate "entry-level" card that does not compromise on rewards. It offers a straightforward reward structure where every point earned can be used for things you actually want, like travel or shopping vouchers.

What sets it apart:

• • Zero Income Barrier: Unlike most cards that demand a monthly salary of ₹25,000 or more, this card requires no minimum income proof.
• • Wide Age Eligibility: Accessible to anyone from age 18 all the way up to 80, making it one of the most inclusive cards in the market.
• • Flexible Rewards: Earn points that you can actually use for statement credits or travel, with 1 reward point equaling ₹0.25.

Quick check: To qualify, you just need to be at least 18 years old. There is no minimum income requirement to start, making the application process incredibly smooth for first-time users.

Let's break down why this card stands out and how you can make the most of it:

Key Benefits and Features of IDFC First WOW Credit Card

The IDFC First WOW Credit Card is packed with features that cater to people who value simplicity and accessibility. Here is a detailed look at what you get:

No Income Documentation Required

The standout feature here is the "no minimum income required" policy. Most banks demand salary slips or ITR documents, which can be a huge hurdle for freelancers or students. This card bypasses that entirely, allowing you to get a credit card based on other criteria like a fixed deposit. This makes it an excellent choice for those who are just starting out or do not have a traditional corporate job.

Versatile Reward System

Every time you spend, you earn reward points. The value is simple: 1 reward point equals ₹0.25. This transparency is great because you know exactly how much value you are getting back from your spends. You can redeem these points for a variety of options including:

• • Merchandise and gift vouchers for your favorite brands
• • Statement credit equivalents to help pay off your card balance
• • Travel and unique experiences
• • Exclusive partner offers

Zero Joining and Annual Fees

One of the biggest worries with credit cards is the recurring cost. This card carries zero joining fees and zero annual fees. This means you can keep the card in your wallet without worrying about a bill at the end of the year just for owning it. It is a cost-effective way to maintain a credit line.

Spend Exclusions to Keep in Mind

To maximize your benefits, you should know where you won't earn rewards. The IDFC First WOW Credit Card does not offer reward points on the following categories:

• • EMI transactions and ATM cash withdrawals
• • Jewelry purchases and education-related spends
• • Government transactions and utility bill payments
• • Wallet loads, insurance, and gambling transactions
• • Toll payments, charity, and railway bookings

How to Apply?

The application process for the IDFC First WOW Credit Card is designed to be digital and straightforward. Follow these steps to get your card:

1. Visit the Application Link: Use the official IDFC secure link to start your journey.
2. Enter Your Details: Provide your basic information like name, age (must be between 18-80), and contact number.
3. Check Eligibility: Since there is no minimum income requirement, the bank will verify your details against their internal criteria.
4. Complete VKYC: You will need to complete a Video KYC. Important: Ensure you are within 50km of your Aadhaar or communication address during this process. If you are further away, the application may be rejected.
5. Card Activation: Once approved, you must make a minimum transaction of at least ₹100 within the first 30 days. If you don't do this, the card will be closed automatically.
6. Receive Your Card: After successful verification and activation, your card will be ready for use.

Credit Limit and What to Expect

Credit limits for the IDFC First WOW Credit Card are assigned based on your specific financial relationship with the bank and your credit history. Since this card caters to those without high income scores, the limit is tied to the security you provide, such as a Fixed Deposit. You will receive a credit limit equivalent to 100% or at least 90% of your total fixed deposit value.

Comparison Table: IDFC First WOW vs. Competitors

To see how this card stacks up against other entry-level and FD-backed cards, look at the comparison below:

If you are a student or a senior citizen, the IDFC First WOW is the clear winner due to its 18-80 age bracket. While other cards like the Kotak 811 offer similar FD-backed structures, IDFC's redemption catalogue for merchandise and travel gives it a slight edge for those who want variety in how they use their points.

Documents Required for IDFC First WOW Credit Card Application

You'll need to submit the following documents when applying:

For Salaried Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, Passport, Voter ID, or Driving License
• Address Proof: Aadhaar Card, Passport, Utility Bills (not older than 2 months), Rent Agreement, or Property Tax Receipt
• Income Proof: While no minimum income is required for the WOW card, having your last 3 months' bank statements helps with the verification process.
• Employment Proof: Office ID card or employment letter (optional for this specific card)

For Self-Employed Applicants

• Identity Proof: PAN Card (mandatory), Aadhaar Card, Passport, Voter ID, or Driving License
• Address Proof: Aadhaar Card, Passport, Utility Bills (not older than 2 months), or Property Documents
• Income Proof: 6 months' bank statements.
• Business Proof: Business registration certificate or GST registration (if you have one).

Note: All documents must be self-attested. The bank may request additional documents during the VKYC process if they cannot verify your location or identity clearly.

Who Should Get This Card?

Should you get this card? Here's who benefits most:

The First-Time Credit Builder: If you are a 20 year old college student with no credit history, most banks will reject you instantly. With the IDFC First WOW, you can start building your CIBIL score early. By spending around ₹2,000 to ₹3,000 monthly on small expenses and paying it back on time, you could see a significant score improvement within a year.

The "Income-Document-Poor" Freelancer: If you're a graphic designer or writer earning well but lacking formal salary slips, this card is perfect. You don't have to jump through hoops to prove your income. It allows you to have a credit line for your business software subscriptions or daily expenses without the paperwork headache.

The Retired Professional: Since this card accepts applicants up to age 80, it is excellent for retirees who want to keep a credit card for convenience or online shopping but no longer have an active "salary" to show the bank.

You might want to skip this card if: You already have a high credit score and a high-paying job. In that case, you could qualify for cards with better reward rates on specialized categories like travel or dining that offer 5-10% value back, rather than the flat reward structure found here.

BankKaro Expert Review

Based on the card's features, the IDFC First WOW excels at inclusivity. It is one of the few cards that genuinely opens doors for people who are usually ignored by big banks. The 18-80 age range is the most generous in the industry, and the "no income proof" requirement makes it a zero-friction product.

The biggest limitation is the extensive list of reward exclusions. You won't earn points on utilities, school fees, or railway tickets. This means it isn't the best "all-rounder" for household bills. However, for general shopping and online spends, it holds its own.

Our verdict: Choose this card if your primary goal is to get a card quickly and start building a credit history without the hassle of providing income documents. It is a solid, reliable "first card" for any Indian consumer.

Terms and Conditions

Before you apply, please keep these specific conditions in mind:

• • Eligibility for Existing Users: If you are already using any IDFC Credit card, you are not eligible for the rewards on this specific card.
• • Activation Rule: You must make a minimum transaction of at least ₹100 within 30 days of getting the card. Failure to do so will result in the card being closed and loss of rewards.
• • VKYC Location: Your Video KYC must be done within 50km of your Aadhaar or communication address. If you try to do it while traveling further away, your application will be rejected.
• • App Applications: Rewards are not applicable if you apply directly through the IDFC Bank App; use the secure application links provided.
• • Tracking: It takes about 72 hours for your application ID to be generated and tracked.
• • Confirmation: Expect a timeline of up to 75 days for full card activation confirmation.

Always review the full terms and conditions on the bank's official website to fully understand the card's specific usage policies.