IDFC FIRST Wealth Credit Card Review
At a Glance
| Joining Fee | Nil |
| Annual Fee | Nil, lifetime free |
| Best Suited For | High earners who travel abroad and spend ₹20,000 or more a month |
| Reward Type | Reward Points, 1 point = ₹0.25 |
The IDFC FIRST Wealth Credit Card is a lifetime free Visa Infinite card for people earning ₹36 lakh a year or more. It never charges a joining or annual fee, and it now carries zero forex markup on international spends.
You earn 10X points on dining, travel, international spends and your birthday. Domestic and international lounge visits, golf and movie offers unlock each month you spend ₹20,000.
This review works out what the points are really worth and where the card falls short.
Rewards & Benefits
Reward rate and earn structure
| Spend | Points per ₹200 | Value |
|---|---|---|
| Dining, travel, international spends and your birthday | 10 | 1.25% |
| All other eligible spends, including rent, government, wallet loads and education | 3 | 0.375% |
| Insurance, utilities, railway and FASTag | 1 | 0.125% |
| Fuel, EMI conversions, cash withdrawals and transactions under ₹200 | 0 | Nil |
IDFC publishes no monthly cap on the 10X rate. The only limit is that points are earned on spends up to your credit limit in each billing cycle.
Dining and travel are identified by merchant category code. Food delivery counts as dining, and airlines, hotels and travel agents count as travel.
Redemption and point value
One point is worth ₹0.25. A ₹10,000 restaurant bill earns 500 points, worth ₹125.
You redeem in the FIRST Rewards Gallery in the IDFC FIRST mobile app, including against flights and hotels, where points can pay up to 70% of the booking. Points earned from the July 2026 cycle onwards stay valid for 24 months.
Welcome and travel booking bonus
| Benefit | What you get | Condition |
|---|---|---|
| Welcome voucher | ₹500 gift voucher | ₹5,000 of spends within 30 days of card generation |
| First EMI cashback | 5%, up to ₹1,000 | First EMI conversion within 30 days |
| Hotel bookings in the app | Bonus points equal to 20% of the booking value | Bonus capped at 8,000 points a calendar month |
| Flight bookings in the app | Bonus points equal to 10% of the booking value | Same 8,000-point monthly cap |
The app bonus is the best earn on this card. A ₹10,000 hotel booking earns 500 base points and 2,000 bonus points, worth ₹625 in total or 6.25% back.
The 8,000-point cap limits the bonus to ₹2,000 a month. Bookings partly paid with points earn no bonus, and the welcome voucher does not apply to UPI or add-on spends.
Travel, lounge and lifestyle
| Benefit | Allowance and condition |
|---|---|
| Domestic airport lounge | 1 visit a quarter |
| International airport lounge | 1 visit a quarter, using the DreamFolks card |
| Railway lounge | 4 visits a year |
| Golf | 1 round or lesson a quarter, on ₹20,000 of spends in a statement cycle |
| Movies on District | Buy 1 get 1, up to ₹250 off the second ticket, twice a month |
| Trip cancellation cover | Up to ₹10,000 a policy period, across 2 claims |
| Fuel surcharge waiver | 1% on ₹200 to ₹5,000, up to ₹300 a statement cycle |
Lounge, railway and movie benefits each need ₹20,000 of spends in the previous calendar month. Unused quarterly lounge visits do not carry forward.
| Insurance cover | Amount |
|---|---|
| Air accident | ₹1 crore |
| Personal accident | ₹10 lakh |
| Lost card liability | ₹50,000 |
| Loss of checked-in baggage | USD 500 |
| Loss of passport, flight delay | USD 300 each |
| Delay of checked-in baggage | USD 100 |
Insurance is valid only if you used the card at least once in the last 30 days. Visa Infinite also adds ITC Hotels stay-3-pay-2 offers and roadside assistance worth ₹1,399.
Fees & Charges
| Charge | Amount |
|---|---|
| Joining and annual fee | Nil |
| Forex markup | Zero |
| Interest rate | 0.71% to 3.85% a month (8.5% to 46.2% a year) |
| Overdue interest | 3.99% a month (47.88% a year) |
| Cash withdrawal | ₹199 + GST per withdrawal, interest free for up to 45 days |
| Late payment fee | 15% of the total amount due less payments, minimum ₹100, maximum ₹1,300 |
| Over-limit fee | 2.5% of the over-limit amount, minimum ₹550 |
| Payment return | 2% of the payment, minimum ₹500 |
| UPI on RuPay | ₹199 + GST joining and annual fee |
Charges are from IDFC FIRST Bank’s card page and MITC as of October 2026, and 18% GST applies on top. There is no fee to waive, so there is no spend target to chase.
To get the full zero forex benefit abroad, always pay in the local currency. If a shop or ATM offers to bill you in rupees, it can add its own conversion charge.
The charge that catches people out is overdue interest. Miss the minimum amount due and IDFC charges 3.99% a month, on top of the late fee.
Eligibility & Documents Required
IDFC FIRST Bank asks for an annual income of ₹36 lakh or more. It does not publish separate age or employment rules for this card on the product page.
If you already hold an IDFC FIRST unsecured credit card, the Wealth card shares that same credit limit. Keep your PAN, Aadhaar and recent income proof ready, and expect approval to depend on the bank’s assessment.
Pros & Cons
| Pros | Cons |
|---|---|
| Lifetime free | Needs ₹36 lakh of annual income |
| Zero forex markup and 10X abroad | Only 1 domestic and 1 international lounge visit a quarter |
| Up to 6.25% back on hotels booked in the app | Perks need ₹20,000 every month |
| Strong insurance and trip cancellation cover | Base rate of 0.375% on everyday spends |
IDFC FIRST Wealth vs Competitors
| Feature | IDFC FIRST Wealth | IDFC FIRST Select | ICICI Rubyx |
|---|---|---|---|
| Annual fee | Nil | Nil | ₹2,000, waived at ₹3 lakh |
| Income needed | ₹36 lakh a year | ₹12 lakh a year | ₹9 lakh a year |
| International lounge | 1 a quarter | None | None |
| Forex markup | Zero | Zero | 3.5% |
Fees are plus GST. The IDFC FIRST Select Credit Card shares the same 10X and zero forex structure for a third of the income, but has no international lounge access.
ICICI Rubyx gives more domestic lounge visits and golf rounds, but costs a fee and charges 3.5% on foreign spends.
How to Apply
Use the Apply button at the end of this page to reach the FIRST Wealth page on IDFC FIRST Bank’s site and tap Apply Now. Enter your mobile number, PAN and income details, complete KYC and accept the offer.
Existing IDFC FIRST cardholders with high incomes can also check the mobile app for an upgrade offer.
Frequently Asked Questions
Is the IDFC FIRST Wealth Credit Card really lifetime free?
Yes, there is no joining or annual fee. Only the optional UPI feature on RuPay carries a ₹199 + GST fee.
What is the minimum income for IDFC FIRST Wealth?
₹36 lakh a year, according to IDFC FIRST Bank’s card page. For a lower income, the FIRST Select card asks for ₹12 lakh.
How many lounge visits does IDFC FIRST Wealth give?
1 domestic and 1 international airport lounge visit a quarter, plus 4 railway lounge visits a year. Each needs ₹20,000 of spends in the previous calendar month.
Does IDFC FIRST Wealth charge forex markup?
No, the markup is zero on all international spends. Those spends also earn 10X points, worth 1.25%.
What is an IDFC FIRST Wealth reward point worth?
₹0.25. That makes the 10X rate worth 1.25% and the standard 3X rate worth 0.375%.
How much does a cash withdrawal cost?
₹199 + GST per withdrawal, with no interest for up to 45 days. Repay inside that window or normal interest applies.
Bottom Line
Get the IDFC FIRST Wealth Credit Card if you earn ₹36 lakh or more, travel abroad and spend at least ₹20,000 a month. Zero forex with 10X points abroad, no fee and solid insurance make it one of the cheapest premium cards to hold.
Booking hotels through the IDFC app adds the best return of all.
Skip it if your spends are mostly groceries and bills, where 0.375% back is weak. Skip it too if you fly often and need more than one lounge visit a quarter.
