Unlocking Financial Freedom: Introducing the Lifetime Free IDFC FIRST Classic Credit Card
Are you ready to dive into the world of smart spending with the IDFC FIRST Classic Credit Card? This piece of plastic isn’t just any ordinary card, it is your ticket to a world of convenience, rewards, and financial freedom.
In today’s world, credit cards have become a popular tool for managing money with just a swipe or tap. They offer comfort and flexibility in making purchases and payments whenever you want. Whether it’s shopping, dining out, or paying bills, this magical card is your gateway to unparalleled experiences, exciting rewards, and possibilities. Let’s delve into what the IDFC Classic Credit Card offers, its benefits, how it works, and whether it might be right for you.
Offered by IDFC FIRST Bank, the IDFC FIRST Classic Credit Card is a special one that lets you borrow money from the bank to make purchases. It’s called ‘Classic’ because it offers several features and benefits aimed at enhancing your shopping experiences. You can use this card to make purchases offline, online, or to withdraw cash from ATMs. However, you need to pay back the money you’ve spent within a specific period (monthly) to avoid paying extra charges as interest.
Smart Money Management: Maximizing the Benefits of the IDFC FIRST Classic Credit Card
Features & Advantages
| Welcome Offers | 1. gift voucher worth Rs. 500 on spending Rs. 15,000 or more within the first 90 days 2. 5% cashback on your first EMI transaction (up to Rs.1000) within 90 days of the card issuance date |
| Travel Benefits | 1. 4 complimentary railway lounge access in a quarter (16 in a year) 2. 4 complimentary roadside assistance worth Rs. 1399 in a year |
| Dining Benefits | 1. up to 20% discount on dining across over 1,500 restaurants |
| Movie Offers | 1. 25% discount on movies (up to Rs. 100) on the Paytm app (once every month) |
| Insurance Benefits | 1. personal accident cover worth Rs. 2 Lakhs 2. Complimentary lost card liability coverage worth up to Rs. 25,000 |
| Fuel Surcharge Waiver | 1. 1% fuel surcharge waiver (maximum Rs. 200 per month) across all fuel stations in India |
| Additional Advantage | 1. Free Road Side Assistance worth Rs.1,399 (4 times in a year) 2. Low- interest rate starting at 9% per annum 3. cash withdrawal from ATMs is interest-free for up to 48 days 4. up to 15% discount at 3000+ Health & Wellness outlets 5. over 300+ partner merchant offers all through the year |
Rewards & Redemption
When you use the IDFC FIRST Classic Credit Card, you earn non-expiring rewards like cashback or points that you can use to get discounts on future purchases. Take note of what you get:
1. 3x reward points for every offline spend of Rs. 150
2. 6x reward points for every online spend of Rs. 150
3. 10x reward points for every Rs. 150 spent on spending over Rs. 20,000
4. 10x reward points for every Rs. 150 spent on your birthday
5. No rewards earned on fuel purchases, EMI transactions, Loan payments, and Cash withdrawals
6. 1 reward point= Rs. 0.25
Your IDFC FIRST Classic Credit Card: Fees, Charges, Eligibility, and Application
| CHARGE | AMOUNT |
| Joining Fee | Nil |
| Renewal Fee | Nil |
| Reward Redemption | Rs. 99 + GST |
| Interest Rate | 0.75% to 3.65% per month |
| Foreign Currency Markup | 3.5% of the total transaction amount |
| Cash Advance | Rs. 250 |
| Card Replacement | Rs. 100 |
| Late Payment | 15% of the total amount due (minimum of Rs. 100 and a maximum of Rs. 1,300) |
Check if you’re eligible
| Age | 18 years and over |
| Nationality | Indian citizen |
| Employment Status | Self-employed or Salaried |
| Credit Score | Decent Credit Score (750 and above) |
Easy Application Process
You can apply online through the bank’s website or by visiting a branch. Fill out a form with personal details like age, address, income, contact details, etc. In addition, you need to submit the following documents authenticating your details:
| IDENTITY PROOF | ADDRESS PROOF | INCOME PROOF |
| Aadhar Card | Aadhar Card | Salary Slip |
| Voter ID | Voter ID | Form 16 |
| Driving License | Passport | IT Returns |
| Ration Card |
Is It Right for You?
Whether the IDFC FIRST Classic Credit Card is right for you, depends on your individual preferences and financial situation. If you’re someone seeking the convenience of a credit card, want to earn rewards, and can manage your finances responsibly, it might be a good fit for you.
Who Might Benefit from This Card?
The IDFC Classic Credit Card is suitable for:
- People New to Credit Cards: If you’re new to using credit cards, this one is easy to understand and use.
- Frequent Shoppers: If you often shop online or at stores, the cashback offers and reward points can help you save money.
- Travelers: This Classic Credit Card is accepted globally. Hence, it is apt for regular travelers or those who purchase from international merchants.
Wrapping Up
We hope this guide is fruitful in helping you make an informed decision.
The IDFC FIRST Classic Credit Card can be a valuable financial tool if used wisely. Moreover, it is a simple and convenient option for those looking for a basic credit card with useful features. From easy application, global acceptance, reward points, financial flexibility, and contactless payments, this card offers benefits that make your life easier and more exciting. However, it’s important to understand how credit cards work and use them responsibly to avoid falling into debt. If managed well, the IDFC Classic Credit Card can be a rewarding addition to your wallet. In case you feel this card fits your needs, make it your trusted companion for all things financial.
