आईडीएफसी फर्स्ट सेलेक्ट क्रेडिट कार्ड
जारीकर्ता बैंक / संस्था: IDFC FIRST Bank Ltd.
Lifetime Free card with 4 domestic airport lounge visits per quarter, low 1.99% forex markup, and B1G1 movie tickets up to ₹125.
💳कार्ड विवरण एवं मुख्य लाभ (Card Overview & Benefits)
कार्ड का संक्षिप्त विवरण
IDFC FIRST Select Credit Card is a premium Lifetime Free (LTF) lifestyle and travel card. It combines 4 domestic airport lounge visits per quarter, Buy 1 Get 1 free movie tickets up to ₹125 twice a month, an industry-low 1.99% forex markup, dynamic low APR from 9% p.a., and zero annual fees.
Gift voucher worth ₹500 on spending ₹15,000 within 90 days, plus 5% cashback on first EMI transaction value.
4 complimentary domestic airport lounge visits per calendar quarter (1 visit per month) upon spending ₹20,000 or more in the preceding calendar month. 4 complimentary domestic railway lounge visits per quarter.
1% fuel surcharge waiver across all fuel stations in India on transaction amounts up to ₹4,000 (maximum waiver of ₹300 per statement cycle).
Buy 1 Get 1 free movie ticket discount on Paytm Movies up to ₹125 (twice a month). Complimentary roadside assistance (RSA) worth ₹1,399. Dynamic low interest rate from 9% to 42% p.a.
📋पात्रता मानदंड एवं नियम (Eligibility & Requirements)
पात्रता की शर्तें
Salaried Indian individuals aged 21 to 65 with monthly salary exceeding ₹50,000. Self-employed individuals aged 21 to 65 with annual ITR exceeding ₹7,50,000.
न्यूनतम वार्षिक आय आवश्यकता
₹50,000/month (Salaried) / ₹7,50,000/year ITR (Self-Employed)
📂आवश्यक दस्तावेज (Required Documents)
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.
⚠️क्या कमी है / महत्वपूर्ण शुल्क चेतावनियां (Honest MITC Disclosures & Hidden Costs)
Airport lounge access requires spending ₹20,000 in the preceding calendar month. 10X reward points kick in only above ₹25,000 monthly spend. No international lounge visits are included on Select.
🚀आवेदन के चरण (How to Apply)
Step 1: Visit idfcfirstbank.com/select or open IDFC FIRST Mobile app. Step 2: Enter PAN and mobile number for soft algorithmic underwriting. Step 3: Select IDFC FIRST Select Credit Card. Step 4: Confirm salary, employer name, and residential details. Step 5: Complete online Video KYC session with bank official. Step 6: Card is approved and dispatched via courier within 3 to 5 business days.
❓अक्सर पूछे जाने वाले प्रश्न (FAQs)
What happens if I miss the minimum payment due on IDFC FIRST Select 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 Select 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 Select 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 Select Credit Card and how does it work?
The interest-free period on IDFC FIRST Select 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.