LIC IDFC FIRST Classic Credit Card
IDFC FIRST Bank · Open to apply
A lifetime-free co-brand with LIC Cards. It pays 6 points per ₹125 (1.2%) on LIC premiums paid on licindia.in and 3 points per ₹125 (0.6%) on most other spends, with essentials such as groceries, bills, education and government payments capped at 300 points a cycle, one spend-gated airport lounge visit a quarter and zero forex markup.
- Annual fee
- Lifetime free
- Joining fee
- None
- Base rate
- All other spends, 3X (3 points per ₹125): 3 IDFC FIRST Bank reward points per ₹125 (about 0.6% at cash value)
- Lounges
- Domestic: 1 visit a calendar quarter after ₹20,000 spend; Railway: 2 visits a calendar quarter
- Forex markup
- 0%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- Hotels booked in the IDFC FIRST app, 20% bonus points (20 points per ₹100): 20 IDFC FIRST Bank reward points per ₹100 on top of the base rate (about 5% at cash value)
- Flights booked in the IDFC FIRST app, 8% bonus points (8 points per ₹100): 8 IDFC FIRST Bank reward points per ₹100 on top of the base rate (about 2% at cash value)
- LIC premiums on licindia.in, 6X (6 points per ₹125): 6 IDFC FIRST Bank reward points per ₹125 (about 1.2% at cash value)
Earns nothing on
- No points on fuel, rent, non-LIC insurance, EMI and cash withdrawals
Where the sources disagree
- App travel bonus rate: The product page still says "earn 45/₹125 Bonus Reward Points on hotel bookings & 20/₹125 ... on flights" and "up to 38% Reward Points", the terms of the December 2025 letter. The same page, the May 2026 letter (effective 18 June 2026) and the travel T&C say 20% on hotels and 8% on flights, with a total of up to 22.4% and 10.4%. We use the T&C.
Terms the calculator does not value
- Only the first 5 LIC premium payments in a statement cycle earn the 6X rate; from the 5th payment no points are earned (product FAQ and guide).
- The app travel bonus percentages are read as points per ₹100 of spend (20% = 20 points per ₹100), the basis the T&C uses for the base ("up to 2.4%" = 3 points per ₹125). If the bank meant a percentage of the base points, the bonus is far smaller.
- From 18 January 2026 no points are earned for a billing cycle in which the minimum amount due is not paid by the due date; points already posted are reversed.
- From 18 June 2026 points are earned only on spends up to the credit limit in a billing cycle. The calculator does not know the credit limit and applies no cap.
Sources
- LIC IDFC FIRST Credit Cards product page (LIC Classic view), with rewards, privileges, fees and FAQ (Product page, the bank's own, read 6 Nov 2026)
- IDFC FIRST Bank credit card Most Important Terms and Conditions (MITC) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- LIC IDFC FIRST Classic Credit Card product guide (Reward terms, the bank's own, read 6 Nov 2026)
- LIC Classic & LIC Select Credit Cards Welcome Offers (Reward terms, the bank's own, read 6 Nov 2026)
- LIC Classic Terms & Conditions for Bonus Reward Points on bookings via the IDFC FIRST Bank Mobile App (Reward terms, the bank's own, read 6 Nov 2026)
- LIC Classic Credit Card Privileges (airport and railway lounges, roadside assistance, insurance) (Reward terms, the bank's own, read 6 Nov 2026)
- Bank letter: Important update regarding your LIC IDFC FIRST Classic Credit Card (December 2025, effective 18 January 2026) (Bank notice, the bank's own, read 6 Nov 2026)
- Bank letter: Important update regarding your LIC IDFC FIRST Classic Credit Card (May 2026, effective 18 June 2026) (Bank notice, the bank's own, read 6 Nov 2026)
- Press release: IDFC FIRST Bank, LIC Cards and Mastercard collaborate to launch a co-branded credit card (14 December 2023) (Press release, the bank's own, read 6 Nov 2026)