IDFC First Wealth Credit Card Review 2024: Benefits, Features, Eligibility

Recently, heard that owing the all the new IDFC first wealth credit card is like an egg in one’s bear…..How?

 The IDFC First bank has launched 4 credit cards namely—

 1) IDFC First millennia Credit Card

2) IDFC First Classic Credit Card

3) IDFC First Select Credit Card

4) IDFC First Wealth Credit Card

But the newly launched IDFC Wealth credit card and its benefits will be the nucleus of the discussion.

IDFC Wealth credit card benefits

 So, it’s an amazing lifetime free premium credit card with

———- No annual fees.   

———-No maintenance fees

———No joining fees

——–Eternal Reward Points

——– Interest Free cash withdrawal on Domestic & International ATMs for up to 48 days and the cash advance fees is only 250 Rs per transaction +GST ( very less as compared to other cards!!!)

——– Late payment fee: 15% of total amount due

——- Forex Markup at 1.5% for all international transactions.

——–Interest rate –0.75% – 2.99%/ per month

 Now let’s look up to its distinctive aspects that make it a must have….

IDFC Wealth credit card Features:

——The amazing 10 x Reward points on incremental spends above 20,000 Rs/month and spends done on one’s birthday.  (Where 1reward point = 0.25) and if the spend done is less than 20,000 Rs than 6x & 3x reward points are rewarded on online & in- store spends respectively.

—— A Welcome voucher which is worth 500Rs on spending 1500Rs or more within 90 days of card issuance. Users will get voucher option include Uber voucher, Big Basket , Amazon Pay, Lifestyle stores  from which one can select from.

——Most wanted Buy 1 get 1 offer on movie tickets up to 500 Rs ( which is valid twice  a month ) , provided the tickets are booked from Paytm App .

——The beneficial for all, the fuel surcharge waiver of 1%, at all fuel stations across India which is up to 400Rs/month.

——- Good news for all golf lovers, because the card will provide 2 complimentary golf rounds per month.

——-The most obliging service of the card is its Complimentary roadside assistance worth 1399 Rs. (Which is up to 4 times in a year worth 1399 Rs).

—— Also a great aid in some case of unseen misfortune, which brings

1) An Air Accident coverage of 1cr Rs.

2) Personal accident cover of worth 10, 00,000 Rs

3) Lost card liability cover of 50,000 Rs.

4) Comprehensive travel insurance cover of 22,500rs which includes,

. Loss of checked in baggage – 7500rs

. Delay of checked in baggage- 5000rs

 . Loss of passport and other documents – 5000rs 

 . Delay in flight- 5000rs

{But, these facilities are valid only on doing one transaction on first select Credit card in last 30 days.}

——When it comes to access of luxury, definitely the card provides something better than the other cards,

. Enjoying 4 complimentary both Domestic and International Airport Lounge and Spa visits per quarter.

. Also reap the complimentary benefits of Railway Lounge access in a calendar quarter to participating lounges in India on one’s IDFC  card.

 Now let’s look into the fact that who all can own the card.

IDFC Wealth credit card Eligibility:

. Must be an Indian resident

.Is above the age of 21 years.

. Business man, self employed or a salaried person can apply for this card.

.Income must be more than 35 lakh Rs per annum or above are eligible for the card.