IDFC FIRST Bank Diamond Reserve

Lounge access

• Airport lounges: Up to 2 complimentary visits per quarter at participating Indian airport lounges (domestic and international) and up to 2 complimentary visits per quarter to select Global Airport Terminals.
• Shared between primary and add-on cardholders.
• Railway lounges: up to 4 complimentary visits per quarter at participating railway lounges in India (shared between primary and add-on).
• All subject to minimum monthly spends of ₹20,000 (spends in a calendar month count for access next month).
• Up to 2 hours lounge stay.
• Nominal INR 2 authorization charge.

Verified · Diamond Reserve Credit Card - Terms & Conditions (benefits/program terms: lounge access, insurance, welcome benefit) · 2026-07-28 · source

Forex markup

0% forex markup on all international transactions.

Verified · Diamond Reserve product page · 2026-07-28 · source

Interest-free period

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

Verified · Most Important Terms and Conditions (MITC) - covers Diamond Reserve, effective 18th June 2026 · 2026-07-28 · source

Charge

• Cash advance transaction fee ₹199.
• Finance/interest charges (all IDFC FIRST Bank cards): 0.71%-3.85% monthly / 8.5%-46.2% annual.
• Overdue interest 3.99% monthly / 47.88% annual.
• Late payment charges: 15% of Total Amount Due of previous statement minus payments before due date, min ₹100 / max ₹1,300.
• Return of cheque/AutoDebit SI/Payment Return: 2% of payment amount, min ₹500.
• Over-limit charge 2.5% of over-limit amount, min ₹550.
• Reward Redemption Fee ₹99 per transaction.
• Card replacement fee ₹199.
• Dynamic & Static Currency Conversion markup: NIL (Diamond Reserve).
• Add-on card joining and annual fee ₹499.
• Cash withdrawal ₹199 + GST per transaction, 0% interest up to 45 days.
• GST presently 18% on all fees, interest and charges.
• Category fees (1% each, above thresholds): Utility Spends above ₹20,000/cycle.
• Fuel Spends above ₹30,000/cycle.
• Passenger Railway Spends above ₹25,000/cycle.
• Tolls and Bridges Spends above ₹10,000/cycle.
• Education Spends via third-party apps (min ₹249/txn).
• Rent & Property Management 1% of transaction value min ₹249.
• Effective 18th June 2026 (MITC).

Verified · Most Important Terms and Conditions (MITC) - covers Diamond Reserve, effective 18th June 2026 · 2026-07-28 · source

Fuel surcharge waiver

1% fuel surcharge waiver on fuel transactions valued between ₹200 and ₹5,000, capped at ₹300 per statement cycle.

Verified · Most Important Terms and Conditions (MITC) - covers Diamond Reserve, effective 18th June 2026 · 2026-07-28 · source

Milestone benefit

• Buy One Get One movie ticket offer via District app by Zomato: get up to ₹250 off on the 2nd ticket, valid twice per calendar month (max discount ₹500/month), unlocked on spending ₹20,000 in the previous month.
• Golf: up to 2 complimentary golf rounds/lessons every month (1st on ₹20,000 fresh monthly statement spends, 2nd on ₹40,000 and above).

Verified · Diamond Reserve Credit Card - Terms & Conditions (benefits/program terms: lounge access, insurance, welcome benefit) · 2026-07-28 · source

Reward exclusion

Verified · Diamond Reserve Credit Card - Terms & Conditions (benefits/program terms: lounge access, insurance, welcome benefit) · 2026-07-28 · source

Reward cap

• Reward points earned only for spends up to credit limit per billing cycle.
• Additional spends beyond this not eligible.
• Maximum 8,000 bonus reward points per calendar month (accelerated travel bookings).

Verified · Diamond Reserve Credit Card - Terms & Conditions (benefits/program terms: lounge access, insurance, welcome benefit) · 2026-07-28 · source

Redemption value

• 1 reward point = ₹0.25.
• Reward Redemption Fee ₹99 per redemption transaction.
• Reward Points are never-expiring.

Verified · Diamond Reserve Credit Card - Terms & Conditions (benefits/program terms: lounge access, insurance, welcome benefit) · 2026-07-28 · source

Golf benefit

• Up to two complimentary golf rounds or golf lessons every month for every ₹20,000 of monthly statement spends: 1st on fresh spends of ₹20,000.
• 2nd on fresh spends of ₹40,000 and above.
• Only for primary cardholders.
• Each benefit valid 60 days.
• ₹2 card validation fee per booking.
• Valid at 20+ golf courses in India.

Verified · Diamond Reserve Credit Card - Terms & Conditions (benefits/program terms: lounge access, insurance, welcome benefit) · 2026-07-28 · source

Hotel benefit

• Welcome benefits worth ₹5,000+ (on card joining fee payment): ET Prime complimentary 3-month membership worth ₹1,199.
• Lenskart complimentary 1-year Gold Max membership worth ₹800.
• MakeMyTrip up to ₹1,600 instant discount on flights, hotels and bus bookings.
• Mokobara 10% instant discount worth ₹1,000+.
• IDFC FIRST Bank App ₹500 voucher on first flight booking on minimum spend of ₹5,000.

Verified · Diamond Reserve Credit Card - Product Guide · 2026-07-28 · source

Concierge

• Concierge: modern personalised experience to self-book dining, staycations, flights and activities.
• Airport Meet & Greet: 1 complimentary service annually on $1,000 of international spends, plus 10% off on all future bookings.
• Airport Transfers: discounts on limousine service in over 3000 cities across 83 countries.
• Offers powered by Visa.

Verified · Diamond Reserve Credit Card - Product Guide · 2026-07-28 · source

Travel benefit

• Trip Cancellation Cover (CFAR): eligible cover of ₹25,000 for Flight & Hotel booking (fungible between the two), shared between primary and add-on cardholders for a maximum of 2 cancellations/transactions per policy period.
• Booking must be cancelled at least 24 hours before scheduled travel date.
• Hotel bookings applicable for 4-star/5-star hotels only.
• Policy period from 8th May 2025 or policy issuance date (whichever higher) till 7th May 2026.

Verified · Diamond Reserve Credit Card - Terms & Conditions (benefits/program terms: lounge access, insurance, welcome benefit) · 2026-07-28 · source

Insurance

• Air Accident Cover ₹1 Crore.
• Personal Accident Cover ₹10,00,000.
• Lost Card Liability Cover ₹50,000.
• Comprehensive travel insurance: Loss of Checked-in Baggage USD 500.
• Delay of Checked-in Baggage USD 100.
• Loss of Passport and other documents USD 300.
• Delay in Flight USD 300.
• Complimentary 24/7 Roadside Assistance worth ₹1,399, up to 4 times per year.

Verified · Diamond Reserve Credit Card - Product Guide · 2026-07-28 · source

Eligibility

• Cardholder may apply for review/enhancement/reduction of credit limit and/or cash limit after completion of 12 months of membership.
• NRI cardholders must pay bills via auto pay through NRE Account with IDFC FIRST Bank (cash payment not accepted for NRI customers).

Verified · Most Important Terms and Conditions (MITC) - covers Diamond Reserve, effective 18th June 2026 · 2026-07-28 · source

Official terms

https://www.idfcfirst.bank.in/credit-card/diamond-reserve-credit-card.

Verified · Diamond Reserve product page · 2026-07-28 · source