IDFC First Select Credit Card, which is positioned above the IDFC Classic Credit Card and below the IDFC Wealth Credit Card, is issued on the Visa Signature platform.
It was a fantastic product when it was first introduced but lately the only IDFC credit card worth getting is IDFC wealth that too because of visa infinite benefits and being LTF
Overview
Type | Low-end Credit Card |
Reward Rate | 0.6% – 2% |
Annual Fee | Lifetime Free |
Best for | Railway lounge access and roadside assistance |
USP | Complimentary Roadside Assistance Service |
Unfortunately no merchant offers are ran by IDFC bank so the only reason to hold this card is that it is LTF
Design
The design is simple.The card is made of plastic so it gets a lot of scratches.Also the plastic is not of good quality.The red colour is just painful on eyes and i usually dont carry this card with me
Rewards
SPEND TYPE | REWARDS | REWARD RATE |
---|---|---|
Offline Spends | 3 RP / 125 INR (3X) | 0.6% |
Online Spends | 6 RP / 125 INR (6X) | 1.2% |
Spends >25K (per stmt) | 10 RP / 125 INR (10X) | 2% |
Spends on Birthday | 10 RP / 125 INR (10X) | 2% |
- 1 Reward Point = 0.25 INR
- Redemption Charges: 99 INR+GST (from 1st Oct 2022)
- Rewards don’t expire
Lounge Access
ACCESS TYPE | ACCESS VIA | LIMITS |
---|---|---|
Domestic Airport Lounges | Visa | 4/Qtr |
Domestic Railway Lounges | Visa | 4/Qtr |
International Lounges | Nil | Nil |
The only benefit here is you get railway lounge access , which only a few cards are providing like makemytrip icici signature card and few others
Other Benefits
- Complimentary Road Side Assistance(RSA) which is highligh here
- Revolving Interest Rate: Relatively lower interest rate compared to other banks
- Buy 1 Get 1 Movie Benefit:
- Forex Markup Fee: 1.99% + GST (However IDFC WOW card offers 0% markup)
Complimentary roadside assistance is one of the unique feature on this credit card. It maybe useful at times, for ex, to jump start your car on breakdown.