IDFC FIRST Bank · Visa
IDFC FIRST Wealth is India is best Lifetime Free premium credit card — zero joining fee, zero annual fee, ever. Despite being free, it offers 4 complimentary domestic lounge visits per quarter (16 per year), reward points on all spends, and solid insurance cover. An exceptional deal for anyone looking for a free card with genuine premium benefits.
Annual Fee
Free
Joining Fee
Free
Base Reward Rate
6X
₹0.25/pt
Min CIBIL
700
₹6L+ income
Key Features
Welcome Benefits
5% Cashback on First 5 EMIs
Get 5% cashback on your first 5 EMI transactions made within 90 days of card issuance.
500 Reward Points on First Spend
Earn 500 bonus reward points on first retail transaction.
Reward Rates by Category
Dining
6X
Travel
6X
Online
10X
Shopping
6X
Grocery
6X
Fuel
6X
Utilities
6X
Other
3X
Partner Earn Rates
| Partner | Category | Earn Rate |
|---|---|---|
| All Online Merchants | Online | 10X |
| All Offline Merchants | Offline | 10X |
| Birthday Spends | All | 10X |
| International Spends | International | 10X |
Milestone Benefits
10X Reward Points on All Spends
Earn 10X reward points on all spends when you cross ₹2 lakh monthly spend threshold
First Month
Annual Fee Waiver + 25,000 Bonus Points
Spend ₹15 lakhs annually to waive the fee and earn 25,000 bonus reward points
Annual
Airport Lounge Access
Domestic
Unlimited
International
0 visits/year
Insurance & Protection
Air Accident Cover
Accidental death while travelling by air.
Road Accident Hospitalization
Hospitalization expenses due to road accidents.
Eligibility Criteria
Age
21–65 years
Salaried Income
₹6.0 L+ per year
Self-Employed
₹8.0 L+ ITR
Min CIBIL Score
720+
Salaried: Rs.6 Lakh annual income. CIBIL 720+ recommended. Existing IDFC FIRST Bank customers have a significantly better approval experience. Available across India.
Pros
- Lifetime Free — absolutely no annual or joining fee
- 4 complimentary domestic lounge visits per quarter (16/year)
- Reward points on all spends with no expiry
- Air accident cover Rs.1 Crore
- Online spends earn higher reward rates
- Personal accident cover
- Good welcome bonus on first EMI spends
Cons
- Lower credit limit compared to paid premium cards at similar income
- IDFC FIRST Bank has fewer banking touchpoints than HDFC or ICICI
- Reward redemption options more limited than top-tier cards
- No international lounge access
- Earn rate not as high as paid premium cards
Redemption Options
Flight tickets
Shopping vouchers
Statement credit
Frequently Asked Questions
Is IDFC FIRST Wealth truly Lifetime Free?+
How much lounge access does IDFC FIRST Wealth provide?+
What reward rate does IDFC FIRST Wealth earn?+
Should I get IDFC FIRST Wealth or a paid premium card?+
Ready to apply?
Apply on the IDFC FIRST Bank website. Usually takes 10 minutes.
User Reviews(1)
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Surprisingly good card from IDFC First
IDFC First Wealth punches above its weight. The reward rate is competitive, customer service through the app is fast, and the complimentary airport lounge access has improved. The biggest differentiator is no foreign transaction fee - genuinely useful for international travel.
- ✓No foreign transaction markup
- ✓Competitive reward rate
- ✓Good app experience
- ✓Airport lounge access
- ✕IDFC brand recognition is still building
- ✕Some merchant offers are limited
IDFC FIRST Wealth
Free · 6X rewards
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