IDFC FIRST Bank FIRST WOW! Black Credit Card

IDFC FIRST Bank · Open to apply

A ₹750 Mastercard issued against an IDFC FIRST fixed deposit of ₹20,000 or more, with a free RuPay card for UPI. Zero forex markup, 4 points per ₹150 on most spends, points worth ₹0.50 on flights and hotels booked in the bank's app (₹0.25 elsewhere), a bonus on app travel bookings and one domestic lounge visit a quarter on ₹20,000 of monthly spend.

Annual fee
₹750 + GST a year
Joining fee
₹750 + GST
Fee waiver
Annual fee waived on ₹1,50,000 spend per card year
Base rate
Online, offline and international spends, 4 points per ₹150: 4 IDFC FIRST Bank reward points per ₹150 (about 1.33% at cash value)
Lounges
Domestic: 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, 16.7% bonus points (25 points per ₹150): 25 IDFC FIRST Bank reward points per ₹150 on top of the base rate (about 8.33% at cash value)
  • Flights booked in the IDFC FIRST app, 10% bonus points (15 points per ₹150): 15 IDFC FIRST Bank reward points per ₹150 on top of the base rate (about 5% at cash value)

Earns nothing on

  • No points on fuel, EMI, cash withdrawals, loans on card and balance transfers

Where the sources disagree

  • App travel bonus per ₹150: The December 2025 launch press release gives 50 bonus points per ₹150 on app hotel bookings and 30 on flights ("≈16.7%" and "≈10% value back" at ₹0.50 a point). The rewards T&C (PDF created 11 May 2026) and the product page give 16.7% and 10% in points (1,000 and 600 bonus points on ₹6,000), half as much. The May 2026 letter says holders "continue to earn" 16.7% and 10%. The T&C is the newer document, so we date its figures from its own date (11 May 2026) and keep the launch terms until the day before; the effective date is not stated in any document.

Terms the calculator does not value

  • Points are earned only on spends up to the credit limit (the FD amount) in a billing cycle (from 18 June 2026). The calculator applies no limit.
  • UPI earns 1 point per ₹150 up to ₹2,000 a payment and 3 above. The calculator applies the rule the spend line's typical payment reaches.
  • The welcome benefits "worth ₹5,000+" are mostly discounts and memberships (MakeMyTrip, EazyDiner Prime, Lenskart Gold Max, Mokobara). Only the ₹500 app travel coupon is valued, and it needs a booking of ₹5,000 or more in the bank's app.
  • The ₹0.50 travel redemption applies only to flights and hotels booked in the bank's app and to at most 70% of a booking, 1,00,000 points a month and 2,00,000 a year.
  • The fixed deposit keeps earning interest while it secures the card; the calculator does not count deposit interest or the cost of locking the money.

Sources

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