I recently got my hands on the IDFC FIRST Select Credit Card that comes with lifetime-free membership, and I must say, I’m really impressed with it. If you’re looking for a credit card, I recommend reading this review. This card offers a ton of benefits, including accelerated rewards, travel perks, and convenient payment options. Additionally, there are no annual fees since it is free.
It is important to consider the potential downsides of any credit card. In general, I think the IDFC FIRST Select Credit Card is a great option for anyone looking for a high-quality credit card that doesn’t break the bank. Keep reading if you’re curious to know more! In this article, I’ll give you an honest review of this premium, lifetime-free credit card and let you know if it’s worth applying for.
Read more: 10 Best Premium Credit Cards in India
IDFC FIRST Select Credit Card – Overview
| IDFC FIRST Select | Details |
| Category | Semi-premium credit card |
| Annual fee | Zero (Lifetime-free) |
| Reward validity | Never-expiring reward points |
| Interest rate | 0.75% to 3.5% per month |
| Premium benefits | Domestic Airport and Railway lounge access |
The IDFC FIRST Select Credit Card can be categorized as a semi-premium-free credit card as many premium benefits are linked with higher spending. Yet, several standout features keep it a notch above any entry-level credit card.
IDFC FIRST Select Credit Card – Fees
| IDFC FIRST Select Credit Card | Details |
| Joining fee | Nil |
| Annual fee | Nil |
| Add-on card fee | Nil |
| Cash advance | ₹199 |
| Late payment charges | 15% of TAD, maximum of ₹1,250 |
| Overlimit charges | 2.5% of the over-limit amount |
| EMI processing | 1% |
| Forex markup | 1.99% |
With a very low APR and minimal charges on various services, the IDFC FIRST Select Credit Card is easy to maintain without burdening cardholders.
IDFC FIRST Select Credit Card – Design
The card design is simple in maroon, the bank’s signature color. The credit card has a glossy texture and an understated elegance, which makes it a nice-looking one.
IDFC FIRST Select Credit Card – Rewards
| IDFC FIRST Select Credit Card | Credit Card Rewards |
| Offline spends | 3X |
| Online spends | 6X |
| Accelerated rewards | 10X on purchases over ₹ 25,000 and birthday spends |
- 1X equals one reward point and is earned on every ₹125 spent
- One reward point equals ₹0.25
- The reward program is not applicable to fuel, insurance, EMI, and cash withdrawals
- Rental and property management transactions can earn 3X reward points
IDFC FIRST Select Credit Card’s reward points have the following features:
- Reward points can be used to make instant payments against online or in-store payments
- There is no limit on credit card rewards points you can earn
- The reward points never expire
IDFC FIRST Select Credit Card – Travel Perks
| IDFC FIRST Select Credit Card | Lounge access |
| Domestic airport | 4 complimentary visits per quarter |
| Domestic Railway | 4 complimentary visits per quarter |
| International airport | None |
The lounges accesses are available with a monthly spend of ₹ 5000. In addition to these VISA lounge accesses, IDFC FIRST Select Credit Card holders can benefit from other travel-related VISA offers. Among them are:
- Discounts on airport Fast Track immigration service at more than 450 destinations globally
Discounts on airport limousine service across 3000 cities in 83 countries
Exclusive benefits include automatic room upgrade upon arrival, complimentary in-room WI-FI, complimentary continental breakfast, VIP guest status, 3 pm check-out upon request, and more in over 900 luxury hotels around the world.
IDFC FIRST Select Credit Card – Interest Rates
| IDFC FIRST Select Credit Card | Interest rates |
| The interest rate charged on the outstanding balance, if the Minimum Amount Due (MAD) is paid but Total Amount Due (TAD) is not fully paid | 0.75% to 3.5% per month | 9% to 42% per annum |
| The interest rate charged if MAD is not paid by the due date | 3.99% per month | 47.88% per annum |
Low-interest rates and zero charges on many maintenance, services, and transactions mean that the APR on your IDFC FIRST Select Credit Card will be incredibly low.
Interested card applicants can check the “Compare Card” feature on the IDFC FIRST Bank website to find out how much they can save on their IDFC FIRST Select Credit Card.
IDFC FIRST Select Credit Card – Other Benefits
IDFC FIRST Select Credit Card’s review would be incomplete without highlighting some of its standout features.
- Cashback of up to ₹1,000 and vouchers of ₹500 are up for grabs as a part of joining benefits
- ATM cash withdrawal comes with 0% interest charges for up to 48 days
- You can earn a 1% fuel surcharge waiver of up to ₹300
- FIRST Select comes with complimentary roadside assistance of ₹1,399
- You can avail of the ‘Buy one, get one offer on movie tickets up to ₹250 on Paytm mobile app (valid twice per month)
- All-year-around and unlimited offers are available on purchases in over 50 apps, up to 15% discount in over 3000 health and wellness outlets, and up to 20% discount across 1500 restaurants
How to get the IDFC FIRST Select Credit Card?
Existing IDFC FIRST Select account holders get direct access to the IDFC FIRST Select Credit Card. Holders of other credit cards with a credit limit of ₹1.5 lakhs can apply for this card.
IDFC FIRST Select Credit Card can be applied online. Once the eligibility is checked and your application is approved, the virtual card becomes available in a few minutes. The physical credit card gets delivered to you within 5 – 7 working days.
Existing IDFC FIRST Classic or IDFC FIRST Millennia cardholders must increase their credit limit and request their upgrade to the FIRST Select category.
Conclusion
The IDFC FIRST Select Credit Card is an excellent choice for individuals looking for a premium credit card with a host of year-long discounts and benefits. With low-interest rates and many fees waived, it offers excellent value. Plus, it is lifetime free, making it a rare premium credit card without an annual fee.
In addition to these features, IDFC FIRST Select Credit Card holders have access to insurance coverage and roadside assistance. With the possibility of earning 10X reward points, which never expire, this card is ideal for individuals who prefer to make substantial purchases. It is important to note, however, that high reward earnings are linked to higher spending limits, which currently stand at ₹25,000 per month.
Overall, the IDFC FIRST Select Credit Card is a great option for anyone who wants to enjoy premium benefits without worrying about high annual fees.
A 4.5/5 score would be a fair rating for the IDFC FIRST Select Credit Card.
