IDFC FIRST Bank FIRST Millennia

Lounge access

• 4 Complimentary Railway Lounge visits per quarter (spend ₹20,000 within the current calendar month to access railway lounge benefits in the following month).
• No domestic/international airport lounge access.

Verified · FIRST Millennia Credit Card - Important Update (rewards/charges revisions) · 2026-07-29 · source

Forex markup

3.50% markup on foreign currency transactions and Dynamic & Static Currency Conversion transactions (for all cards except those specifically listed).

Verified · Most Important Terms & Conditions (MITC) - IDFC FIRST Bank Credit Cards (covers FIRST Millennia) · 2026-07-29 · source

Interest-free period

• Interest-free (grace) period up to 45 days, varying by transaction and statement date (not applicable if previous month's balance not cleared in full).
• Zero Interest on ATM Cash Withdrawals for up to 45 days (only withdrawal fee of ₹199 applicable).

Verified · FIRST Millennia Credit Card - Important Update (rewards/charges revisions) · 2026-07-29 · source

Charge

• Cash advance transaction fee: ₹199 per transaction.
• Finance charge (all IDFC FIRST Bank cards other than SWYP): Monthly 0.71%-3.85%, Annual 8.5%-46.2%.
• Overdue interest Monthly 3.99%, Annual 47.88% (revised to 46.2% on paying minimum amount due).
• Late payment charges: 15% of Total Amount Due of previous statement minus payments received before due date (min ₹100, max ₹1,300).
• Over-limit charges: 2.5% of over-limit amount (min ₹550).
• Return of cheque/Auto-Debit SI/Payment Return: 2% of payment amount (min ₹500).
• Card replacement fee: ₹199.
• 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.
• Balance Transfer Processing fee: communicated at time of transaction.
• Rent and Property Management Fee: 1% of transaction value (min ₹249, domestic only).
• Fair usage on Utility Spends: 1% fee if total Utility Spends in a statement cycle exceed ₹20,000.
• Fuel Fee: 1% fee if total Fuel Spends exceed ₹30,000 per cycle.
• Passenger Railways Transaction Fee: 1% if total exceed ₹25,000 per cycle.
• Tolls and Bridges Transaction Fee: 1% if total exceed ₹10,000 per cycle.
• Education Payment Fee: 1% on education spends via third-party apps (min ₹249).
• GST: 18% on all fees, interest and charges.
• FASTag recharges over ₹10,000 in a billing cycle: 1% fee (effective 18th January 2026).
• GST at 18% (or as notified) applies on all fees, interest, and charges.

Verified · Most Important Terms & Conditions (MITC) - IDFC FIRST Bank Credit Cards (covers FIRST Millennia) · 2026-07-29 · source

Fuel surcharge waiver

1% Fuel Surcharge Waiver on fuel transactions valued between ₹200 and ₹5,000, up to a maximum of ₹200 per statement cycle.

Verified · Most Important Terms & Conditions (MITC) - IDFC FIRST Bank Credit Cards (covers FIRST Millennia) · 2026-07-29 · source

Reward exclusion

Verified · FIRST Millennia Credit Card - Important Update (rewards/charges revisions) · 2026-07-29 · source

Milestone benefit

• 25% discount on movie tickets, once every month, up to ₹100.
• Requires at least one purchase transaction in the previous calendar month (excluding EMI) to unlock.
• ₹500 worth vouchers on spending ₹15,000 within 90 days of receiving the card.

Verified · FIRST Millennia Credit Card - Important Update (rewards/charges revisions) · 2026-07-29 · source

Redemption value

• 1 Reward Point = ₹0.25 (1 Reward Point per ₹100 shown in product guide; base revised to per ₹200 effective 18 Jan 2026).
• Reward Redemption Fee of ₹99 per redemption transaction.
• Reward Points valid for 24 months from date of credit.

Verified · FIRST Millennia Product Guide · 2026-07-29 · source

Reward cap

• Reward Points not applicable for a billing cycle if the Cardmember fails to pay at least the Minimum Amount Due by the Payment Due Date (effective 18th January 2026).
• Any Reward Points credited for that cycle will be reversed.

Verified · FIRST Millennia Credit Card - Important Update (rewards/charges revisions) · 2026-07-29 · source

Travel benefit

• 13% Bonus Reward Points on flight bookings made through the IDFC FIRST Bank Mobile App.
• Complimentary Roadside Assistance worth ₹1,399.

Verified · FIRST Millennia Credit Card - Important Update (rewards/charges revisions) · 2026-07-28 · source

Hotel benefit

33% Bonus Reward Points on hotel bookings made through the IDFC FIRST Bank Mobile App (over and above regular reward points).

Verified · FIRST Millennia Credit Card - Important Update (rewards/charges revisions) · 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.
• 50+ in-app online discount offers.

Verified · FIRST Millennia Product Guide · 2026-07-29 · source

Insurance

• Personal Accident Cover of ₹2 Lacs and Zero Lost Card Liability.
• Complimentary Roadside Assistance worth ₹1,399.

Verified · FIRST Millennia Product Guide · 2026-07-28 · source

Statement credit

5% cashback on the first EMI transaction done in the first 90 days.

Verified · FIRST Millennia Product Guide · 2026-07-29 · source

Eligibility

• IDFC FIRST Bank at its sole discretion will determine the Card member's credit limit and cash withdrawal limit.
• Cardmember may apply for review/enhancement/reduction of credit limit upon completion of 12 months of membership.

Verified · Most Important Terms & Conditions (MITC) - IDFC FIRST Bank Credit Cards (covers FIRST Millennia) · 2026-07-29 · source

Official terms

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

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