IDFC FIRST Bank FIRST Purchase Credit Card
IDFC FIRST Bank · Open to apply
A lifetime-free commercial purchasing card for companies, to pay suppliers and procurement spends with up to 45 days interest-free. Rewards are a corporate-level choice of points or a rebate of up to 150 bps; the point value is not published.
- Annual fee
- Lifetime free
- Joining fee
- None
- Lounges
- None on record
- Forex markup
- 0%
- Data
- Terms not entered, checked 6 Nov 2026
Where the sources disagree
- Rebate option on the purchase card: The product guide gives the Purchase card the same corporate-level choice of a rebate of up to 150 bps or points; the product page says "up to 150bps ... (competition - no rebate on purchase card)". Neither gives a value for the points, so the card stays listed.
Terms the calculator does not value
- Reward points are an option the company picks at corporate level (the other is a cashback rebate of up to 150 bps). Product guide: 10 points per ₹200 on international spends (including DCC) and 3 points per ₹200 on domestic spends (1 point per ₹200 is the base). No point value is published, so no earn rule is entered. No points on utilities (4900), government (9211, 9222, 9311, 9399, 9405), schools (8211, 8220, 8241, 8244, 8249, 8299), post office (9402), insurance (5960, 6300), fuel (5541, 5542), agricultural services (0763, 0780, 5261), property management (7349, 6513), transport (4111, 4112, 4784), contractors (1520, 1711, 1731, 1740, 1750, 1761, 1771, 1799), supermarkets (5411) or government healthcare fees (8062, 8011). Points only on spends up to the credit limit in a cycle. No fuel surcharge waiver, no lounge access; cash withdrawal and EMI are not allowed. Cover of ₹50,000 each on lost card liability, credit shield and purchase protection, air accident cover of ₹1 crore and personal accident cover of ₹10 lakh (needs a transaction in the previous month).
Sources
- IDFC FIRST Bank FIRST Purchase Credit Card product page (Product page, the bank's own, read 6 Nov 2026)
- IDFC FIRST Bank commercial card MITC (FIRST Corporate and FIRST Purchase Credit Cards, PDF modified 2026-09-07) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- FIRST Corporate and FIRST Purchase Credit Card product guide (v6, PDF modified 2026-10-09) (Reward terms, the bank's own, read 6 Nov 2026)