IDFC FIRST Bank FIRST SWYP

Charge

• Cash advance transaction fee: ₹199 (cash advance not applicable for FIRST Digital RuPay).
• Late payment charges: 15% of Total Amount Due as of the previous statement minus any payments received before the due date, subject to a minimum of ₹100 and a maximum of ₹6,000 (LPC applied on Total Amount Due for FIRST SWYP; in case of partial payment, LPC applies on due amount left after partial payment).
• Over-limit charges: Not Applicable (customer has to either pay Total Amount Due in full or convert eligible due amount into EMI).
• Finance/interest rate on purchases: Not Applicable for FIRST SWYP (revolving credit facility not available; pay Total Amount Due in full or convert eligible due amount into EMI).
• Return of cheque/Auto-Debit SI/Payment Return: 2% of payment amount subject to a minimum of ₹500.
• Reward Redemption Fee: ₹99 per redemption transaction.
• Card replacement fee: ₹199 (w.e.f. 20th Feb 2025, including cards with Image Personalisation).
• Foreign currency markup / Dynamic & Static Currency Conversion: 3.50%.
• Fee on cash payment at branches: NIL.
• GST: 18% on all fees, interest and other charges.
• Add-on card fee: NA.
• Rent & Property Management fee: 1% of transaction value, min ₹249 (domestic only).
• Utility spends fee: 1% if total utility spends in a statement cycle exceed ₹20,000.
• Fuel fee: 1% if total fuel spends exceed ₹30,000 in a statement cycle.
• Passenger Railways fee: 1% if total spends exceed ₹25,000.
• Tolls and Bridges fee: 1% if total spends exceed ₹10,000.
• Education Payment fee (third-party apps): 1%, min ₹249.

Verified · Key Fact Statement (KFS) - covers FIRST SWYP Credit Card · 2026-07-29 · source

Interest-free period

• Interest-free (grace) period shall not exceed 45 days, varying by transaction date and statement date.
• Not applicable if previous month's statement balance is not cleared in full by the due date.
• Payment due date is 15 days from statement date for FIRST SWYP.
• For FIRST SWYP, revolving credit is not available - the cardholder must pay Total Amount Due in full or convert eligible due amount to EMI before the payment due date.

Verified · Key Fact Statement (KFS) - covers FIRST SWYP Credit Card · 2026-07-29 · source

Fuel surcharge waiver

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

Verified · Key Fact Statement (KFS) - covers FIRST SWYP Credit Card · 2026-07-29 · source

Redemption value

Reward Redemption Fee of ₹99 per redemption transaction.

Verified · Key Fact Statement (KFS) - covers FIRST SWYP Credit Card · 2026-07-29 · source