Experience Rewarding Benefits with IDFC FIRST Bank Credit Cards

Reward Points are a loyalty benefit you earn every time you use your IDFC FIRST Bank Credit Card for eligible transactions. Each card features a unique earning structure, offering points at a standard base rate and an accelerated (higher) rate for specific types of spending. For example, the FIRST Wealth Credit Card allows you to earn up to 10X Reward Points on incremental spends above ₹20,000 every month, helping you unlock exciting rewards much faster.

IDFC FIRST Bank Credit Card Reward points have no expiry date. You can redeem your accumulated Reward Points for a wide array of options, including gift cards, merchandise, and travel bookings, through the dedicated IDFC FIRST Bank Rewards portal. Additionally, you can redeem them during any transaction at the point of sale.

Note: 1 Reward Point = ₹0.25. A nominal redemption fee of ₹99 + GST applies to each redemption transaction.

Credit cards usually offer two types of rewards points: Standard and Accelerated. Here is how they differ:

• Standard Reward Points are earned at the base rate on everyday spends and they do not require any spending threshold.

• Accelerated Reward Points are earned at a higher multiplier when you cross the monthly spend threshold or make purchases in bonus categories.

Example: With the Mayura Credit Card, you earn 5X points on spends up to ₹20,000 per month and 10X points on incremental spend above ₹20,000 in a statement cycle, helping you rack up points significantly faster.

IDFC FIRST Bank rewards you generously across a variety of spending categories, which differ based on your card. To maximise your earnings, focus on these highly rewarding areas:

• Large purchases: Earn up to 10X Reward Points on incremental spends above ₹20,000 with cards like the FIRST Wealth, FIRST Select, Ashva, Mayura, FIRST Classic, and FIRST Millennia.

• Birthday spends: Celebrate your special day by earning up to 10X Reward Points on purchases made on your birthday.

• Specialised categories: Earn up to 30X Reward Points on HPCL fuel with the FIRST Power and FIRST Power+ Credit Cards, up to 10X Reward Points on making Insurance payments with the LIC IDFC FIRST Credit Card, and up to 3X points on select categories like rental payments and property management transactions with the FIRST Wealth, FIRST Select, and FIRST Classic Credit Cards.

• Travel spends: You can earn up to 50X Reward Points on hotel and flights bookings on the IDFC FIRST Bank app with the Mayura and Ashva Credit Cards.

• Standard spends: Get 5X points on spending up to ₹20,000 with the Ashva and Mayura cards, or 3X points with the FIRST Millennia, FIRST Classic, FIRST Select, and FIRST Wealth Credit Cards.

Redeeming your IDFC FIRST Bank Credit Card Reward Points is a seamless and convenient process. You can do it through multiple channels:

1. IDFC FIRST Bank Mobile app: Visit the official IDFC FIRST Bank Rewards portalIDFC FIRST Bank Rewards portal. Log in to your account, explore your options, and redeem on flights, hotels, gift cards, and merchandise.

2. Online Shopping: Select “Pay with Reward Points” on the OTP page when making online purchases at participating merchants.

3. In-Store Purchases: Choose the “Pay with Reward Points” option at the time of your transaction at select Pine Labs terminals.

Your reward options include e-vouchers from leading brands, exclusive merchandise, travel bookings, and special promotional offers. Please note that a nominal reward redemption fee of ₹99 + GST applies to each redemption transaction.

IDFC FIRST Bank has not laid down any minimum point requirements for redemption. However, you may need to redeem a specific number of reward points depending on the category you select.

Note that a fee of ₹99 + GST is applicable for each redemption transaction.

While you cannot directly transfer Reward Points to another cardholder's account, you can certainly share the benefits. Simply redeem your points for e-vouchers or services and share them with your family members, including those who hold an add-on credit card linked to your primary account.

To get the most out of your hard-earned points, consider these strategies:

• Aim for high-value redemptions: Use your points for high-denomination e-vouchers or book flights and hotels, where the conversion value is often higher.

• Look for special promotions: Keep an eye on the rewards portal for special offers and deals with partner brands.

• Leverage accelerated earnings: Maximise your 10X points earned during high-spend months (with cards like FIRST Wealth or Ashva) and use them for premium redemptions to achieve substantial savings.

The 'X' represents a multiplier of your card's base earning rate. Understanding this helps you strategise your spending:

• 1X Points: This is the base earning rate. For instance, you might earn 1 point for every ₹150 spent on certain categories, depending on your card.

• 3X Points: This means you earn triple the base rate. It's a common reward tier for spends below ₹20,000 (on cards like FIRST Millennia, FIRST Classic, FIRST Wealth, and FIRST Select) or on select spending categories.

• 10X Points: This is the highest reward tier, offering ten times the base rate. It's typically unlocked on incremental spends above ₹20,000 or on special occasions like your birthday (available on premier cards like Ashva and Mayura).