IDFC FIRST Bank · Mid-tier lifetime-free card
IDFC FIRST Wealth Credit Card
A genuinely lifetime-free Visa Infinite card with lounge access, golf, a low 1.5% forex markup and reward points even on rent, utilities and insurance. The rewards are entry-level for the premium framing, and 2026 devaluations cut them further — but at zero fee it's a strong card to simply hold.
Fees & welcome
Joining fee
Nil (lifetime free).
Last reviewed 2026-06-14 — confirm on official page
Annual / renewal fee
Nil (lifetime free).
Last reviewed 2026-06-14 — confirm on official page
Fee waiver
Not applicable — lifetime-free card.
Last reviewed 2026-06-14 — confirm on official page
Welcome benefit
Welcome voucher worth ₹500 on early spends — confirm the current offer on the official page.
Last reviewed 2026-06-14 — confirm on official page
Earn rates
Spends up to ₹20,000/month
3X reward points (3 RP per ₹200)
Incremental spends above ₹20,000/month
10X reward points (10 RP per ₹200)
Rent, utilities, insurance, education
Reward points still earned — categories many cards exclude
Reward value & 2026 change
1 RP = ₹0.25. Effective 18 Jun 2026 the base rate dropped ~25% (1 RP per ₹200) and points now expire after 24 months — confirm current terms on the official page.
Last reviewed 2026-06-14 — confirm on official page
Plain math
At ₹50,000/month of mixed spend you'd earn roughly 1,000+ points a year worth ~₹250+ — modest — but with zero fee, plus lounge, golf and a low 1.5% forex markup, the value is in holding it at no cost.
Lounge & forex
Lounge access
- Complimentary domestic and international airport lounge access plus railway lounge access, unlocked by ₹20,000 spend in the previous month.
- Per-quarter counts were reduced over 2025–26 — confirm the current numbers on the official page.
Last reviewed 2026-06-14 — confirm on official page
Forex markup
1.5%.
Last reviewed 2026-06-14 — confirm on official page
Who it's for
Best for
- Anyone wanting a truly lifetime-free card with lounge and travel perks.
- Occasional international spenders who value the 1.5% forex markup.
- People who spend on rent, utilities and insurance and want points there.
Not ideal for
- Reward maximisers — the rate is entry-level despite the premium framing, and 2026 cuts reduced it further.
- Eligibility also needs around ₹36 lakh annual income.
Official sources
Last reviewed 2026-06-14 · facts from the official issuer page. Issuers may change fees, earn rates, lounge counts and waivers without notice — always confirm before applying.