FIRST SWYP
Credit Card

IDFC FIRST Bank believes in complete transparency, and we want our customers to make an informed decision about their Joining Fee and its associated benefits. By asking for payment upfront, we are aligning with our core values of openness and trust, ensuring you have full cognizance about the applicable fee. This process allows you to make a conscious choice in a responsible and transparent manner. By choosing this process we also aim to minimize wastage due to cancelled and returned cards.

• You will receive communication from the bank to pay the joining fee as soon as your credit card application is approved.

• You can also pay the Joining Fee of ₹499 + GST by clicking here.

• On the next page you must authenticate using the mobile number and date of birth as mentioned during the card application. The payment can be made using UPI and net banking.

Once your FIRST SWYP Credit Card application is approved, upfront Joining Fee payment of ₹499 + GST is required to get the credit card dispatched. To pay the Joining Fee, click here.

* As per the process, upfront Joining Fee payment is required to activate your digital card and dispatch of the physical credit card.

* On card application approval, you will receive communication to pay the Joining Fee. To pay the Joining Fee now, click here.

* Once the Joining Fee is paid, please make sure that you have enabled online (Ecom) transactions on the card. To enable online transactions, please click here.

Once the Joining Fee payment is completed, the credit card can be used for online transactions. To enable online transactions and to get the card details, please use the IDFC FIRST Mobile Banking App.

On payment of joining fee, the physical credit card will be dispatched to your mailing address registered with the bank and should arrive in 5 working days. If your address has changed, please visit a nearby branch and get your address updated in the bank records or click here. Once, the address is updated, please call 180010888 to get the card dispatched to the updated address.

Yes, the card comes with a Joining fee (1^st year) of ₹499 + GST and an Annual subscription fee (2^nd year onwards) of ₹499 +GST.
 

You also get reward worth ₹500 every year on spends of ₹5,000
 

• For new card holders: Get Amazon voucher on spends of ₹5,000 within 30 days of joining fee payment.

• From second year onwards: get 2000 Reward Points on spends of ₹5,000 within 45 days of annual fee levy.

Additionally, the Joining fee gets waived off on the first successful FIRST SWYP referral by the customer. 

Paying the Joining fee for the FIRST SWYP Credit Card comes with several Joining Benefits like:
 

• Amazon voucher worth ₹500 on spending ₹5,000 within first 30 days of joining fee payment.

• 1000 Reward Points on 1st successful EMI transaction within first 30 days from card issuance

• Get Discount coupons worth ₹1,500 on flight and hotel bookings from MakeMyTrip on payment of joining fee. Can be availed in  3 months.

• Discount of up to ₹700 on EaseMyTrip flight and hotel bookings for 3 months on payment of Joining fee. A total discount of ₹2,100 can be availed in 3 months 

• Complimentary Lenskart Gold Max Membership for 1 year on payment of joining fee

For more information refer to Privileges document.

Annual subscription fee of ₹499 + GST will be levied every 12 months post the day of card issuance in every 13^th Statement. The fee has to be paid by the Payment due date of the corresponding statement.
 

However, on spending only ₹5000 within 45 days of annual fee levy you get 2000 reward points worth ₹500.

There is no interest rate applicable on FIRST SWYP Credit Cards. Rather you pay a flat monthly EMI conversion fee + applicable GST  and no other processing charges for conversion of your transactions and statement balances on the FIRST SWYP Credit Card. 
 

The FIRST SWYP Credit card makes payment convenient to the customer and allows payment of statement balance in full or conversion of eligible balance to easy EMIs. There is no concept of credit revolve (i.e. carrying on payment dues to the next month)

For details on other fees & charges on FIRST SWYP Credit Card, please refer to our MITC document. 

The Total Amount Due from the current statement that can be converted into EMIs with a flat monthly EMI conversion fee.
 

It is calculated by deducting existing EMIs, fees & charges from the Total Payable and thus will be less than or equal to the Total Amount Due.
 

Note:

• Carrying over your monthly balances to the subsequent statement is not possible!

• Failure to pay the Total Payable by the payment due date, will attract late payment charges!

You can convert all eligible transactions or your balance into easy EMIs with your FIRST SWYP Credit card with a monthly flat fee for EMI conversion
 

• Apart from the monthly EMI fee, No other interest charges and processing fees is applicable. Foreclosure fees applicable

• The Monthly EMI conversion flat fee is dynamic & is dependent on the transaction amount and tenure selected at the time of EMI conversion

• Flat monthly EMI conversion fee is not applicable on Merchant EMIs i.e. Transactions converted directly at merchant point of sales which will be converted at applicable interest rates & a one-time processing fees

• GST will be applicable for all EMIs on the flat monthly EMI conversion fee as well as applicable interest rates in case of Merchant EMIs

• The 1^st EMI will be billed on the statement date immediately post EMI conversion

• FIRST SWYP Cardholders can convert their transactions on EMI either at the bank’s OTP page for online transactions or post the transaction on their IDFC FIRST mobile banking app and through our customer contact center

• FIRST SWYP Cardholders can convert eligible balances in their statements on EMI either on their IDFC FIRST mobile banking app or through our customer contact center

Merchant EMIs are Transactions converted directly into EMIs at merchant point of sales both online and offline. These EMIs must be selected at the time of transaction at the mentioned interest rates.
 

Merchant EMIs will be levied with at a applicable interest rate and a one-time processing fee. Foreclosure fee will be applicable in case of cancellation of EMI.

FIRST SWYP Credit Card comes with exciting year-long instant discounts upto 20% at our Feature Partners.
 

The list of current feature partners is updated in the relevant section on the website and can be amended with addition or modification to the same.
 

These featured partners and offers are subject to change from time to time at the discretion of the bank without any prior notice.
 

Any cancellation/refund of such transaction done on partner platform and the associated discount applicable will be as per the cancellation/refund policy terms of preferred partner.
 

Apart from the above, customers also get access to all other merchant offers across categories like electronics, travel, food, shopping etc on spends applicable on IDFC FIRST Bank Credit Cards.

• The FIRST SWYP Reward Points program works basis monthly milestone spends. Customer gets rewards as per the following milestone spends done in a month.
 

Eligible spends greater than or equal to ₹5,000: 200 RPs
Eligible spends greater than or equal to ₹10,000:Total of 500 RPs
Eligible spends greater than or equal to ₹15,000:Total of 1000 RPs
Eligible spends greater than or equal to₹30,000: 2000 RPs
Eligible spends greater than or equal to₹60,000: 4000 RPs

#Spends done on Fuel, Rent, Utility, UPI is not counted towards calculating eligible spends per month. Milestone rewards will be credited on Statement date.
 

• The above reward structure is on total spends and not incremental.

e.g.For eligible spends of ₹16,000, FIRST SWYP Cardholders will earn a total 1000 Reward Points only

• Additional 400 Reward Points on rental & utility spends of ₹20,000 & above per billing cycle
 

Rewards on FIRST Digital UPI Credit Card on FIRST SWYP

• Additional 100 Reward Points on every ₹5,000 UPI spends per statement month. This is applicable only for customers who have enabled FIRST Digital UPI card on their FIRST SWYP Credit Card

• UPI Reward Points will not be applicable on Fuel and Cash transactions

• UPI transactions will be excluded from FIRST SWYP Monthly Milestone Rewards Program

• Month in reference to rewards means statement month i.e. the period between consecutive statement cycles. Rewards will be credited on the subsequent statement date.

Yes! You can use your FIRST SWYP Credit Card for paying rent through available channels!
 

Guess what?! You can also earn an additional 400 Reward Points on rental transactions of ₹20,000 or above every statement cycle. 
 

These Reward Points are in addition to the ones you earn in the Monthly Milestone Program.
 

* Please note, rental transactions will attract a surcharge of 1% + GST on the transaction value (The same would be subject to a minimum of Rs 249+GST starting 1^st May,2024)

1 Reward Point = ₹0.25

Reward redemption through any redemption channel will attract a convenience charge of ₹99 (+ applicable taxes) per redemption transaction.

There is NO expiry date to the reward points accrued on your FIRST SWYP Credit Card.

Under the FIRST SWYP Credit Card referral program, the existing FIRST SWYP Credit Card holders (known as ‘referrer’) can refer their family & friends for the FIRST SWYP Credit Card only and grab amazing referral rewards like the below:
 

*Successful Referral: A successfully issued and active FIRST SWYP Credit Card
 

Referrer needs to input the mobile number registered with the bank on the online form to receive their unique referral link.


Referrer can share the link with their family or friends through social channels or can directly copy the link & share.

Link - https://www.idfcfirst.bank.in/credit-card/referral-journey?cardType=RoCvhFnkifsQ6rGm8xNzlA==

The benefits will be credited to the referrer credit card account through bank communication and/or system credit within 30-45 days of successful achievement of the respective referral milestones given in the above table.
 

Note: The cards referred by the referrer need to be active and in good standing for the customer to be eligible for these benefits.

There is no limit on the number of referrals that one can do. However, customer will only get benefit for the first 10 successful referrals where card is issued and active, as per the above table, for a period of one year post the customer’s card issuance date.

Yes, you can! FIRST SWYP Cardholders can withdraw Cash from ATMs , up to their cash limits. Do keep in mind, however, that a Cash Advance Fee of ₹199/- + GST is applicable per transaction, irrespective of where you are or the amount you withdraw. The maximum cash withdrawal limit per transaction is ₹10,000.

It is the date by which you’ll need to pay your credit card dues. For more details, please refer to our MITC document.

It is total amount to be paid by the due date to avoid any additional charges.

For more details, please refer to our MITC document.

Please access your statement generation date in your FIRST SWYP card section on your IDFC FIRST Mobile app.
 

Note: Statement Date may be subject to change in case it falls on a holiday.

Customers can activate UPI on their FIRST SWYP Credit Card by applying for FIRST DIGITAL UPI Credit Card on the link below

https://www.idfcfirst.bank.in/credit-card/rupay-credit-card

This card is available at a Joining fee of ₹199 + GST and Annual fee (2^nd year onwards) of ₹199 + GST which will be levied separately once the customer activates the UPI card.

You can earn the following Rewards on your UPI card transactions:
 

• Limited Period Offer: 100% cashback up to ₹200, i.e. ₹50 each on first 4 UPI transactions

• Monthly Rewards: Earn 100 Reward Points on every ₹5,000 UPI spends per statement month excluding Fuel and Rental UPI transactions