INDEPENDENT PUBLIC DIRECTORY: Eligo does not issue credit cards, collect customer applications, or earn affiliate referral commissions. All terms, fees, and interest charges below are sourced directly from the official idfcfirstbank.com (IDFC FIRST Bank) Most Important Terms and Conditions (MITC).

🏛️IDFC FIRST Bank Ltd.Network: VisaShopping & Rewards CardsLast Verified: 2026-09-28

IDFC FIRST Millennia Credit Card

आईडीएफसी फर्स्ट मिलेनिया क्रेडिट कार्ड

Youth-focused Lifetime Free card with 6X rewards on online shopping, 25% off on movie tickets, and dynamic low APRs from 9%.

Annual FeeLifetime Free (₹0 Joining Fee / ₹0 Annual Fee)

Reward Rate10X Reward Points (effective 2.50% return) on incremental monthly spends crossing ₹20,000 and on birthdays. 6X Reward Points (1.50% return) on online retail spends up to ₹20,000. 3X Reward Points (0.75% return) on offline retail spends up to ₹20,000. Reward points never expire.

Airport Lounge4 complimentary domestic railway lounge visits per calendar quarter.

Forex Markup3.50% + GST on foreign currency transactions.

What Is This Card

IDFC FIRST Millennia Credit Card is an entry-level lifestyle card crafted for young professionals and digital natives. It provides lifetime-free ownership, 6X points on online shopping, 10X points on birthday spends, 25% off on movies, and dynamic low APRs from 9% p.a.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

Lifetime Free (₹0 Joining Fee / ₹0 Annual Fee)

Fee Waiver: Unconditionally Lifetime Free (LTF) with zero annual maintenance fees.

🎁Welcome Benefit

Gift voucher worth ₹500 on spending ₹15,000 within 90 days, plus 5% cashback on first EMI transaction value.

⚡Reward Points Structure

10X Reward Points (effective 2.50% return) on incremental monthly spends crossing ₹20,000 and on birthdays. 6X Reward Points (1.50% return) on online retail spends up to ₹20,000. 3X Reward Points (0.75% return) on offline retail spends up to ₹20,000. Reward points never expire.

Redemption Value: 1 Reward Point = ₹0.25 (4 Reward Points = ₹1.00) directly usable at e-commerce checkout or for statement credit.

🛫Airport & Railway Lounge Access

4 complimentary domestic railway lounge visits per calendar quarter.

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Personal accident cover of ₹2 Lakhs. Lost card liability cover up to ₹25,000.

Fuel Surcharge: 1% fuel surcharge waiver across all fuel stations in India on transaction amounts up to ₹4,000 (maximum waiver of ₹200 per statement cycle).

🎯Milestone Spends & Grace Period

Milestones: 25% discount on movie tickets on Paytm Movies up to ₹100 once a month. Zero interest on ATM cash withdrawals for up to 48 days (only flat fee of ₹250).

Interest-Free Period: Up to 48 days of interest-free credit from transaction date.

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

No airport lounge access (railway lounge only). 10X points activate only after crossing ₹20,000 in monthly spends. Standard 3.50% forex markup applies.

Forex Markup Fee3.50% + GST on foreign currency transactions.

Cash Advance FeeFlat ₹250 per transaction with 0% interest for up to 48 days until payment due date.

Finance Charges (Interest)Dynamic APR starting from 0.75% to 3.50% per month (9.00% to 42.00% per annum).

Late Payment Slabs15% of Total Amount Due (Minimum ₹100, Maximum ₹1,250 + GST).

Reward Points ExpiryNever expire. Reward points have lifetime validity.

Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel transactions, wallet top-ups, and rent payments.

Eligibility Criteria

Salaried Indian individuals aged 21 to 35 with monthly salary exceeding ₹25,000. Self-employed individuals aged 21 to 35 with annual ITR exceeding ₹3,00,000.

Age Requirement21 to 35 Years

Minimum Income₹25,000/month (Salaried) / ₹3,00,000/year ITR (Ages 21–35)

CIBIL Score NoteA credit score of 720+ is standard.

SBI RelationshipNot mandatory. Open to all qualifying Indian citizens.

How to Apply (Official Procedure)

Online Digital Application Flow

1Visit idfcfirstbank.com/millennia or open IDFC FIRST Mobile app.

2Enter PAN and mobile number for soft eligibility evaluation.

3Select IDFC FIRST Millennia Credit Card.

4Enter employer details and monthly salary.

5Complete online Video KYC session with bank official.

6Card is approved and dispatched via courier within 3 to 5 business days.

Branch Application for Offline Applicants

Apply at any IDFC FIRST Bank branch with self-attested copies of PAN, Aadhaar, salary slip, and a passport-size photo.

Visit Official Card Page (idfcfirstbank.com)Download Official MITC (PDF)

Documents Required

1. PAN Card (statutory requirement)

2. Proof of Identity & Residence: Aadhaar Card, Passport, or Voter ID

3. Proof of Income: Last 3 months' salary slips with bank statement OR Latest ITR with Computation Sheet

4. Passport-size photograph.

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on IDFC FIRST Millennia Credit Card?

If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: 15% of Total Amount Due (Minimum ₹100, Maximum ₹1,250 + GST).. In addition, revolving finance charges at Dynamic APR starting from 0.75% to 3.50% per month (9.00% to 42.00% per annum). will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.

Can I convert transactions on IDFC FIRST Millennia Credit Card into EMI?

Yes, IDFC FIRST Bank Ltd. provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.

How do I track and redeem reward points or cashback on IDFC FIRST Millennia Credit Card?

You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into IDFC FIRST Bank Ltd.'s official mobile banking application or web portal. 1 Reward Point = ₹0.25 (4 Reward Points = ₹1.00) directly usable at e-commerce checkout or for statement credit. Please note: Never expire. Reward points have lifetime validity.

What is the interest-free grace period on IDFC FIRST Millennia Credit Card and how does it work?

The interest-free period on IDFC FIRST Millennia Credit Card is Up to 48 days of interest-free credit from transaction date.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (Dynamic APR starting from 0.75% to 3.50% per month (9.00% to 42.00% per annum).) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.

← Back to Complete Credit Cards Directory View All IDFC FIRST Bank Ltd. Products & Loans →