IDFC FIRST Bank FIRST Classic

Lounge access

4 Complimentary Railway Lounge Accesses per quarter, on spending ₹20,000 in the previous month (no complimentary airport lounge access stated).

Verified · FIRST Classic Product Guide (card-specific features & rewards) · 2026-07-29 · source

Forex markup

3.50% markup on Foreign currency transactions and Dynamic & Static Currency Conversion transactions.

Verified · Most Important Terms & Conditions (MITC) - Customer, effective 18 June 2026 · 2026-07-29 · source

Interest-free period

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

Verified · Most Important Terms & Conditions (MITC) - Customer, effective 18 June 2026 · 2026-07-29 · source

Charge

• Cash advance transaction fee: ₹199.
• Finance charges (interest): Monthly 0.71% - 3.85% (Annual 8.5% - 46.2%).
• Overdue interest Monthly 3.99% (Annual 47.88%), revised to 46.2% when minimum amount due paid.
• Late payment charges: 15% of Total Amount Due of previous statement minus payments before due date (min ₹100, max ₹1,300).
• Return of cheque/Auto-Debit SI/Payment Return: 2% of payment amount, min ₹500.
• Over-limit charges: 2.5% of over-limit amount (min ₹550).
• Card replacement fee: ₹199.
• Add-on card joining and annual fee: ₹499.
• Reward Redemption Fee: ₹99 per redemption transaction.
• Fee on cash payment at branches: NIL.
• Outstation cheque processing fee: NIL.
• Duplicate statement request: NIL.
• Cheque/Cash processing fee: NIL.
• Charge slip request: NIL.
• Rent and Property Management Fee: 1% of transaction value, min ₹249 (domestic only).
• Fair usage on Utility Spends: 1% fee if Utility Spends in a statement cycle exceed ₹20,000.
• Fuel Fee: 1% if Fuel Spends exceed ₹30,000 per statement cycle.
• Passenger Railways Transaction Fee: 1% if Passenger Railway Spends exceed ₹25,000.
• Tolls and Bridges Transaction Fee: 1% if Tolls and Bridges Spends exceed ₹10,000.
• Education Payment Fee: 1% on Education Spends via third-party apps, min ₹249.
• GST: presently 18% on all fees, interest and charges.
• Effective 18 June 2026.

Verified · Most Important Terms & Conditions (MITC) - Customer, effective 18 June 2026 · 2026-07-29 · source

Fuel surcharge waiver

1% Fuel Surcharge Waiver on fuel transactions valued between ₹200 and ₹5,000, capped at ₹200 per statement cycle.

Verified · Most Important Terms & Conditions (MITC) - Customer, effective 18 June 2026 · 2026-07-29 · source

Reward exclusion

• Reward program not applicable on Fuel, EMI transactions & cash withdrawals.
• Reward Points earned only for spends up to your credit limit per billing cycle.
• Additional spends beyond this not eligible.

Verified · FIRST Classic Product Guide (card-specific features & rewards) · 2026-07-29 · source

Reward cap

• Reward Points earned only for spends up to your credit limit per billing cycle.
• Additional spends beyond this are not eligible for Reward Points.

Verified · FIRST Classic Product Guide (card-specific features & rewards) · 2026-07-29 · source

Milestone benefit

• 25% off up to ₹100 on movie tickets every month when you stay spend-active with any transaction in the previous calendar month.
• 4 complimentary Railway Lounge accesses per quarter on spending ₹20,000 in the previous month.

Verified · FIRST Classic Product Guide (card-specific features & rewards) · 2026-07-29 · source

Transfer rule

• Pay off your other bank credit card balances with the Balance Transfer facility.
• Eligibility norms apply at Bank's discretion for Balance Transfer facility.

Verified · FIRST Classic Product Guide (card-specific features & rewards) · 2026-07-29 · source

Dining benefit

• Dining discount of up to 20% across 1,500 restaurants.
• Up to 15% discount at 3,000+ Health and Wellness outlets.

Verified · FIRST Classic Product Guide (card-specific features & rewards) · 2026-07-29 · source

Travel benefit

Complimentary Roadside Assistance worth ₹1,399.

Verified · FIRST Classic Product Guide (card-specific features & rewards) · 2026-07-29 · source

Insurance

Personal Accident cover and Lost Card Liability Cover.

Verified · FIRST Classic Product Guide (card-specific features & rewards) · 2026-07-29 · source

Statement credit

Earn up to ₹200 cashback on the first 4 UPI transactions.

Verified · FIRST Classic Product Guide (card-specific features & rewards) · 2026-07-29 · source

Official terms

https://www.idfcfirst.bank.in/credit-card/classic.

Verified · FIRST Classic product page · 2026-07-29 · source