Tired of premium credit cards that charge hefty fees for perks you barely use? The IDFC FIRST Wealth Credit Card flips the script—it’s a lifetime-free metal Visa Infinite card packed with travel and lifestyle benefits for high spenders.
In today’s market, where banks push paid premium cards amid rising travel costs, this card stands out for offering zero joining or annual fees forever, no strings attached. High-net-worth folks and frequent travelers love it because eligibility mirrors premium cards (₹3 lakh monthly income), yet you dodge the fees.
Fees & Charges
Transparency matters in credit cards, especially YMYL topics like this. The IDFC FIRST Wealth Credit Card keeps it simple and fee-free.
| Fee Type | Amount |
|---|---|
| Joining Fee | ₹0 (Free) |
| Annual Fee | ₹0 (Lifetime free, no spend waiver needed) |
| Forex Markup | 1.5% + GST (beats typical 3-3.5%) |
| Interest Rate | 3.99% monthly (47.88% annually) |
| Cash Withdrawal | ₹199 + GST per transaction |
| Official Site | IDFC FIRST Wealth Credit Card |
No hidden gotchas—fuel surcharge waiver up to ₹400/month on ₹200-₹5,000 transactions adds everyday value.
READ MORE: Kotak 811 Super Money Credit Card Review 2026: Lifetime Free FD-Backed Card for Beginners with Smart Cashback
Welcome Benefits
Hit the ground running with instant goodies. Spend ₹15,000 in 90 days for a ₹500 voucher; grab 5% cashback up to ₹1,000 on your first EMI in that window.
These perks equal about ₹1,500 value upfront—cheaper than a decent dinner out, and way easier to unlock than most cards.
Reward Structure
Rewards ramp up fast, making high spends rewarding. Base: 3 reward points per ₹150 on spends up to ₹20,000/month. Cross that? Jump to 10 points per ₹150 on the rest—uncapped.
- Travel extras via app: 50 points/₹150 hotels, 20 points/₹150 flights.
- Birthday bonus: 10 points/₹150 all eligible spends.
- Exclusions: Fuel, EMI, fees/GST, cash, <₹150 txns.
1 point = ₹0.25 (e.g., 6,000 points = ₹1,500). Effective return? ~0.5% base, ~1.7% accelerated. Solid for a free card, though peers like HDFC Regalia hit higher baselines.
Key Benefits & Features
This card shines for lifestyle upgrades, but ties most to ₹20,000 monthly spend—fair for its crowd.
- Lounge access: 2 domestic + 2 international/quarter (DreamFolks); 4 railway lounges/year.
- Golf: 1 round/lesson per ₹20,000 spent (up to 2/month).
- Movies: BOGO via District (up to ₹250 off 2x/month).
- Insurance: Up to USD 1,200 baggage loss/delay; ₹10,000 CFAR (2 claims/year).
- Roadside aid: 4x/year; low forex for travel.
Compared to HDFC Infinia (unlimited lounges, fee waiver on spends), it’s lighter but free—no fee recovery hassle.
Expert Opinion
I’ve analyzed dozens of cards; this one’s a smart secondary for ₹20,000+ monthly spenders who travel often—think professionals with ₹3L+ income or Wealth account holders.
Ideal user: Frequent flyers/golfers wanting 1.5% forex without fees (saves ₹1,500+ yearly vs. 3.5% cards on ₹1L abroad spends). Skip if low spender—rewards flop below threshold, and unlimited lounge cards like Axis Magnus win. Annual fee? Zero, so benefits crush the “cost” (like free pizzas forever).
Conclusion & Verdict
The IDFC FIRST Wealth Credit Card delivers premium vibes—low forex, lounges, golf—lifetime free. Perfect backup for high spenders; apply if you qualify via idfcfirstbank.com.
Confident pick for value hunters in 2026’s fee-heavy market.
FAQs
A– You typically need a net monthly income of around ₹3 lakh or an annual income of ₹36 lakh as per ITR to qualify for the IDFC FIRST Wealth Credit Card, or you should maintain a high balance relationship through an IDFC FIRST Wealth account.
A- You earn 3 reward points per ₹150 spent up to ₹20,000 in a month and 10 reward points per ₹150 on spends beyond ₹20,000, with 1 reward point worth ₹0.25 on redemption. This gives an approximate reward rate of 0.5% on base spends and up to about 1.6–1.7% on accelerated spends, excluding special travel multipliers.
A- Yes, the card offers complimentary domestic and international airport lounge access, typically 2 visits per quarter, and railway lounge access, usually linked to a minimum monthly spend condition such as ₹20,000 in the previous billing cycle.
A- The IDFC FIRST Wealth Credit Card charges a forex markup of 1.5% + GST on international transactions, which is significantly lower than the usual 3%–3.5% markup on many other Indian credit cards.
A- This card is not ideal for low spenders because the best rewards, lounge access, and golf benefits are optimized when you spend at least ₹20,000 per month; below that level, the effective reward rate and benefits become less attractive.
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