IDFC FIRST Bank Black Wow Standalone

Lounge access

• Up to 1 complimentary domestic airport lounge visit per quarter at select Indian airports.
• Requires minimum monthly spend of ₹20,000 (spends in a calendar month count towards next month's access).
• Access via FIRST WOW!
• Black / DreamFolks Card with valid boarding pass.
• ₹2 verification charge on card.
• Shared between primary and add-on cardholders.

Verified · FIRST WOW! Black Credit Card Privileges / Rewards & Program Terms · 2026-08-02 · source

Forex markup

NIL (zero) markup charges on foreign currency transactions and Dynamic & Static Currency Conversion transactions.

Verified · MITC – Most Important Terms & Conditions (covers FIRST WOW! Black) · 2026-08-02 · source

Charge

• Finance/interest charge: Monthly 0.71%-3.85% (Annual 8.5%-46.2%), overdue interest 3.99% monthly (47.88% annual).
• Cash advance transaction fee: ₹199.
• Late payment charges: 15% of Total Amount Due (previous statement minus payments) subject to min ₹100 and max ₹1,300.
• For FIRST WOW!
• Black, LPC is applicable on Total Amount Due.
• Over-limit charges: Nil (over-limit facility not available for FIRST WOW! Black).
• Return of cheque/AutoDebit SI/Payment Return: 2% of payment amount, min ₹500.
• Reward redemption fee: ₹99 per redemption transaction.
• Card replacement fee: ₹199.
• Cash payment at branches: NIL.
• Duplicate statement: NIL.
• Rent & Property Management fee: 1% of transaction value, min ₹249 (domestic only).
• Utility fee: 1% if utility spends exceed ₹20,000/statement cycle.
• Fuel fee: 1% if fuel spends exceed ₹30,000/statement cycle.
• Passenger Railway fee: 1% if railway spends exceed ₹25,000/cycle.
• Tolls & Bridges fee: 1% if spends exceed ₹10,000/cycle.
• Education payment fee (third-party apps): 1%, min ₹249.
• GST at 18% on all fees, interest and charges.

Verified · MITC – Most Important Terms & Conditions (covers FIRST WOW! Black) · 2026-08-02 · source

Interest-free period

• Interest-free (grace) period of up to 45 days.
• Not applicable if previous month's statement balance is not cleared in full by the due date.

Verified · MITC – Most Important Terms & Conditions (covers FIRST WOW! Black) · 2026-08-02 · source

Fuel surcharge waiver

• 1% fuel surcharge waiver on fuel transactions valued between ₹200 and ₹5,000.
• Maximum waiver ₹200 per statement cycle.

Verified · MITC – Most Important Terms & Conditions (covers FIRST WOW! Black) · 2026-08-02 · source

Milestone benefit

• Movie Ticket Offer: 25% discount on movie tickets up to ₹100 on District by Zomato mobile App, once a month.
• Applicable only when cardholder is spend-active i.e. has done at least 1 Purchase/ATM withdrawal in the previous calendar month (threshold amount not stated on official source).

Verified · FIRST WOW! Black Credit Card Privileges / Rewards & Program Terms · 2026-08-02 · source

Redemption value

• Each Reward Point is worth ₹0.50 when redeemed for hotels or flight bookings through 'FIRST Rewards Gallery' on IDFC FIRST Bank Mobile App.
• All other redemptions valued at ₹0.25 per point.
• Reward redemption fee of ₹99 per redemption transaction applies.

Verified · Black Wow Standalone product page · 2026-08-02 · source

Dining benefit

Complimentary 3-month EazyDiner Prime membership worth ₹1,095 (can be availed only once in a lifetime; validity 3 months once activated; must be claimed within 90 days).

Verified · FIRST WOW! Black Credit Card Privileges / Rewards & Program Terms · 2026-08-02 · source

Travel benefit

• Trip Cancellation Cover: eligible cardholders can receive reimbursement upon cancellation for non-refundable amount of flight/hotel bookings made on the card.
• Eligible cover ₹10,000 for flight & hotel booking (fungible between the two), usable across a maximum of two transactions during policy period (8th May'25 or policy issuance date till 7th May'26).
• Cancel For Any Reason benefit requires cancellation at least 24 hours before scheduled travel.
• Applicable only for eligible customers with min 1 transaction in preceding calendar month.
• Hotel cover for 4/5 star hotels only.

Verified · FIRST WOW! Black Credit Card Privileges / Rewards & Program Terms · 2026-08-02 · source

Insurance

• Complimentary insurance (New India Assurance) for FIRST WOW!
• Black: Card Liability Cover (Lost Card Liability, Counterfeit, Skimming, Online Fraud Protection) ₹25,000.
• Personal Accident (accidental death/permanent disability) ₹2,00,000.
• Credit Shield ₹50,000.
• Purchase Protection ₹25,000.
• Travel Insurance and Personal Air Accident Not Available.
• All benefits applicable only if the card was used at least once for a Purchase/ATM withdrawal in the last 30 days prior to the event.

Verified · FIRST WOW! Black Credit Card Privileges / Rewards & Program Terms · 2026-08-02 · source

Eligibility

• FD-backed (secured) credit card.
• Credit limit up to 90% of the fixed deposit amount.
• Minimum FD required.
• Available to resident Indians.
• Fixed deposit opened/linked via IDFC FIRST Bank Mobile App on auto-renewal mode.

Verified · Black Wow Standalone product page · 2026-08-02 · source