IDFC FIRST Bank Business Multiplier Credit Card

IDFC FIRST Bank · Open to apply

A metal business card against a fixed deposit of ₹50,000 or more. It pays 10 points per ₹200 (1.25%) on domestic spends, tax and GST included, up to ₹1 lakh a statement cycle and 5 per ₹200 after, with nothing on fuel, rent, utilities, insurance or international spends. ₹1,000 a year, waived on ₹5 lakh of spend; 12% a year interest.

Annual fee
₹1,000 + GST a year
Joining fee
₹1,000 + GST
Fee waiver
Annual fee waived on ₹5,00,000 spend per card year
Base rate
Domestic spends, 10 points per ₹200 up to ₹1 lakh a statement cycle, 5 after: 10 IDFC FIRST Bank reward points per ₹200 up to ₹1,00,000; 5 IDFC FIRST Bank reward points per ₹200 above ₹1,00,000 (about 1.25% at cash value)
Lounges
Domestic: 1 visit a calendar quarter after ₹20,000 spend; International: 1 visit a calendar quarter after ₹20,000 spend
Forex markup
0%
Data
From bank documents, checked 6 Nov 2026

Main earn rates

  • Hotels booked in the IDFC FIRST app, 30% bonus points (30 points per ₹100): 30 IDFC FIRST Bank reward points per ₹100 on top of the base rate (about 7.5% at cash value)
  • Flights booked in the IDFC FIRST app, 17.5% bonus points (17.5 points per ₹100): 17.5 IDFC FIRST Bank reward points per ₹100 on top of the base rate (about 4.38% at cash value)

Earns nothing on

  • No points on fuel, insurance, EMI, cash, rent and utilities
  • No points on foreign currency and international transactions

Where the sources disagree

  • Size of the 10-point tier: The product guide (March 2026) says 10 points per ₹200 up to ₹1 lakh "per statement cycle" and 5 above; the product page says "per month". The statement cycle is recorded.

Terms the calculator does not value

  • From 26 October 2026 UPI payments above ₹2,000 made through the IDFC FIRST Bank app earn 3 points per ₹200; smaller payments and payments through other UPI apps earn 1. The issuer file has no payment route for the bank's own UPI, so only the 1-point rate is modelled.
  • A fuel fee is levied above ₹30,000 of fuel spend a statement cycle (business-card MITC); its rate is not stated for business cards. Not entered.
  • The page says there is "no utility surcharge on monthly fuel purchases of up to ₹30,000 done via IDFC FIRST Bank mobile app", and the product guide "no utility surcharge up to ₹30,000 per month through IDFC FIRST Bank App"; the business-card MITC lists no utility fee. Not entered.
  • The bonus percentages on app travel bookings are read as points per rupee of spend (30% = 30 points per ₹100). If the bank meant a percentage of the base points, the bonus is far smaller.
  • No points for a billing cycle in which the minimum amount due is not paid by the due date (points already posted are reversed), and points earn only on spends up to the credit limit.

Sources

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