FIRST Select vs. FIRST Wealth - Which credit card suits your financial planning?

Key Takeaways

FIRST Select and FIRST Wealth Credit Cards from IDFC FIRST Bank are two of the best premium credit cards with unmatched benefits.
Both cards are lifetime-free and offer a host of travel and lifestyle benefits.
You can also enjoy complimentary insurance coverage and accelerated reward points.
Assess your spending habits, income level, and financial planning strategy to select the most suitable credit card.

06 May 2025 by Team FinFIRST

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Credit cards not only provide easy access to credit, but they also unlock a world of benefits and rewards. You can enjoy -

Reward points on your transactions
Cashbacks
Discounts across different merchants
Privileges such as airport lounge access, golf rounds, and a fuel surcharge waiver, among others.
Complimentary insurance coverage

The list goes on. Moreover, when you choose the right credit card, the benefits multiply.

When it comes to rewarding credit cards, FIRST Select and FIRST Wealth Credit Cards from IDFC FIRST Bank are worth mentioning.

Counted among the best premium credit cards, they offer a range of privileges, unmatched convenience, and are cost-effective too. But which credit card is the best for financial planning?

Let’s understand the cards and their offerings to find out.

Advantages of the FIRST Select Credit Card you probably didn’t know about

Combining travel and lifestyle benefits: FIRST Wealth Credit Card

What is the FIRST Select Credit Card?

The FIRST Select Credit Card is a premium credit card in India offered by IDFC FIRST Bank. It offers up to 10X reward points, cashbacks, discounts across 300+ merchants, and other benefits. The icing on the cake is the zero joining fee. There is no joining or annual fee on the card, allowing you to enjoy its privileges free of charge. You can also unlock credit card discount on apple products, including EMI options and festive offers on the latest Apple products.

What is the FIRST Wealth Credit Card?

The FIRST Wealth Credit Card by IDFC FIRST Bank is also a premium credit card which is lifetime-free. It has no joining or annual fees and offers accelerated reward points, cashbacks, discounts, and other benefits. It's also known as a credit card with low forex markup as it offers forex fee of just 1.5% which makes your international spending cost-effective.

FIRST Select vs. FIRST Wealth - Finding the right credit card

Let’s compare the features and benefits of both credit cards for a better understanding -

Benefits	FIRST Select Credit Card	FIRST Wealth Credit Card
Joining benefits (on spending ₹5,000+ within the first 30 days of card generation)	A gift voucher worth ₹500 of your choice of brands like Amazon, Uber, BigBasket, and more 5% cashback, up to ₹1000, on the first EMI transaction worth ₹2500 or more	A gift voucher worth ₹500 of your choice of brands like Amazon, Uber, BigBasket, and more 5% cashback, up to ₹1000, on the first EMI transaction worth ₹2500 or more
Travel benefits	2 Complimentary domestic airport lounge access every quarter on spending at least ₹20,000 in the current calendar month Low forex markup of 1.99% Free trip cancellation cover of up to ₹10,000 twice every year 4 Complimentary railway lounge access on spending at least ₹20,000 in the current calendar month	2 Complimentary domestic airport lounge or spa access and 2 complimentary international airport lounge access every quarter on spending at least ₹20,000 in the current calendar month Low forex markup of 1.50% Free trip cancellation cover of up to ₹10,000 twice every year 4 Complimentary railway lounge access on spending at least ₹20,000 in the current calendar month
Lifestyle perks	Buy-one-get-one movie ticket discount, up to ₹125, twice every month, on District by Zomato app 1% Fuel surcharge waiver on transactions valued between ₹200 and ₹5000. The maximum waiver is ₹300 Attractive offers across 300+ merchants	2 Complimentary golf rounds/lessons across 20+ golf courses in India. You can enjoy the privilege of spending ₹20,000 or more in a statement cycle. Enjoy the buy-one-get-one movie ticket offer with up to ₹250 off on the second ticket booking on the District by Zomato. The offer is available twice every month. 1% Fuel surcharge waiver on transactions valued between ₹200 and ₹5000. The maximum waiver is ₹300 Attractive offers across 300+ merchants
Complimentary insurance coverage	Air accident cover of ₹1 crore Personal accident cover of ₹5 lakhs Lost card liability cover of ₹50,000 Travel insurance coverage of up to $300 24X7 roadside assistance cover worth ₹1399	Air accident cover of ₹1 crore Personal accident cover of ₹10 lakhs Lost card liability cover of ₹50,000 Travel insurance coverage of up to $1200 24X7 roadside assistance cover worth ₹1399
VISA privileges	Enjoy the following VISA Signature privileges - Airport meet and greet across 450+ airports worldwide Discounted limousine services for airport transfers in 3000 cities across 83 countries Personal travel concierge services	Enjoy the following VISA Infinite privileges - Airport fast-track immigration across 450+ airports worldwide Discounted limousine services for airport transfers in 3000 cities across 83 countries Personal travel concierge services Stay for 3, pay for 2 or get 50% off your 2nd night at Elivaas and ITC properties Exclusive benefits and discounts at 900+ luxury hotels around the world
MasterCard World Privileges	With MasterCard, you can enjoy 4 complimentary golf rounds and 12 complimentary golf lessons a year worldwide.	NA
Reward points	1X reward points on paying insurance premiums and utility bills 3X reward points on spending up to ₹20,000 in a statement cycle 10X reward points on incremental spends above ₹20,000 in a statement cycle and also on your birthday	1X reward points on paying insurance premiums and utility bills 3X reward points on spending up to ₹20,000 in a statement cycle 10X reward points on incremental spends above ₹20,000 in a statement cycle and also on your birthday

Both the FIRST Select and FIRST Wealth Credit Cards offer a host of benefits to reward your transactions. But which credit card offers the best rewards?

The answer depends on your spending habits and eligibility. The FIRST Wealth Credit Card is a notch above the FIRST Select Credit Card and is suitable if –

You earn ₹36+ lakhs in a year
You want premium lifestyle benefits
You spend more on travel and lifestyle

On the other hand, the FIRST Select Credit Card is suitable if

Your income is lower
You want savings on lifestyle and travel-related spends
You want the MasterCard version of the card

With similar benefits and limited differences, both cards promise exclusive privileges for those who love the finer things in life. Whether you want to travel in luxury, indulge in golfing, or catch a movie, the FIRST Select and FIRST Wealth Credit Cards can offer elevated experiences.

How to apply?

If you meet the eligibility parameters, you can simply apply online. Enter your name, date of birth, and mobile number to get started on the online application process. Get in touch with experienced executives and find a card that matches your needs to a tee.

Enjoy savings and privileges with the right credit card

Choose the FIRST Select or FIRST Wealth Credit Cards and enjoy rewarding transactions and privileges for a premium lifestyle. With zero joining or annual fees, low Annual Percentage Rates (APRs), and low forex markups, you can minimise expenses and save more in the long term.

Qualify on the simple income eligibility criterion and choose FIRST Select or FIRST Wealth Credit Cards based on your financial planning strategy. Apply online and unlock some of the best credit card offers.

Disclaimer

The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.

The features, benefits and offers mentioned in the article are applicable as on the day of publication of this blog and is subject to change without notice. The contents herein are also subject to other product specific terms and conditions and any third party terms and conditions, as applicable. Please refer our website www.idfcfirst.bank.in for latest updates.