CardAgent
Verified by CardAgent admin · last checked 08 Jul 2026
IDFC First Bank

IDFC First Select Credit Card

32
Ranked #76 of 170 in credit
creditVisa/MastercardMid-premium travel

IDFC FIRST mid-premium lifetime-free card (step up from Classic/Millennia) targeting higher-income spenders with uncapped rewards, low forex markup, and domestic lounge access — the most heavily source-disputed card in this research batch and warrants direct verification before recommending.

Score breakdown

Data completeness: 95% · Last verified: 09 Jul 2026

Reward value14/100 · weight 71%
≈ 0.69% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +2.5% score bonus — earns broadly without narrow category restrictions.
Fee efficiency100/100 · weight 12%
Redemption flexibility75/100 · weight 9%
Perks46/100 · weight 9%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee
—
Annual fee
Lifetime free
Waiver: Lifetime free — no joining/membership/annual fee, on the primary card
Forex markup
1.99%

Lounge access

Domestic (per year)
4
International (per year)
0

Reward structure

CategoryTypeRateCapNotes
online_spendspoints1.50%(6 pts @ ₹0.25)—6X Reward Points on standard online transactions
international_spendspoints1.25%(5 pts @ ₹0.25)—10X points per Rs 200 on dining/travel/international + birthday, uncapped
all_spendspoints0.38%(1.5 pts @ ₹0.25)—3X points per Rs 200 on other spends up to Rs 20,000/month

Welcome offer

Rs 500 gift voucher on Rs 5,000 spend within 30 days (one source cites Rs 15,000 within 90 days — conflicting); 5% cashback up to Rs 1,000 on first EMI transaction within 30 days; combined welcome value cited up to Rs 1,500

Milestone benefits

Pros

  • Uncapped reward points (no monthly cap unlike most lifetime-free cards), notably low 1.99% forex markup for a free card, trip cancellation cover up to Rs 10,000 on non-refundable flight/hotel bookings, UPI-linkable via virtual RuPay card, strong lifestyle bundle (BOGO movies, roadside assistance, dining discounts) carried over from sibling cards

Cons

  • FLAG — multiple significant cross-source conflicts on income eligibility, lounge visit count, point expiry, and insurance coverage all require direct verification before advising — this card has the most source disagreement of the IDFC lifetime-free lineup researched
  • no international lounge access despite "premium" positioning
  • low per-point redemption value (Rs 0.25)

What's inside

More benefits

  • Trip cancellation cover

    ₹10,000

    Up to Rs 10,000 cover on non-refundable flight/hotel bookings

    yearly.

  • BOGO movie tickets

    ₹125

    Buy 1 get 1 on movie tickets, up to Rs 125-250 off (sources vary), twice/month

    Cap ₹3,000 / monthly. Rs 20,000 spend in previous calendar month

  • Roadside assistance

    ₹1,399

    Complimentary 24/7 roadside assistance worth Rs 1,399

    yearly.

  • Insurance bundle

    ₹1,00,00,000

    FLAG: figures conflict — cited as Air Accident Cover Rs 1 crore + Personal Accident Rs 5 lakh + Lost Card Liability Rs 50,000 by one source, vs lower figures elsewhere

    yearly. Verify exact coverage directly with IDFC First

Insurance cover

text
₹NaN

Eligibility

text
FLAG — income eligibility conflicts significantly: Rs 12 lakh/year (Paisabazaar, sachinfinance, tradebrains — majority and most recent) vs Rs 6 lakh/year (easemydeal.com) vs Rs 25,000/month = Rs 3 lakh/year (mymoneymantra.com, matching the lower-tier Classic/Millennia cards) — using Rs 12 lakh as majority-corroborated but flagging strongly; age 21-65 (or 21-70 per one source, self-employed minimum 25)

Small print

Fuel surcharge:1% fuel surcharge waiver up to Rs 300/month