IDFC First WOW Credit Card

The IDFC First WOW Credit Card represents a powerful financial tool offered by IDFC Bank, designed to cater to a variety of user needs without incurring excessive fees. One of the card’s primary attractions is its status as a secured card, which often implies that it’s backed by a cash deposit from the cardholder. This deposit acts as collateral for the credit issued, making it a reliable choice for those looking to build or improve their credit score.

Moreover, this credit card stands out from many others on the market because it does not burden its users with any joining fees or annual renewal fees. The bank has positioned the IDFC First Credit Card as a lifetime-free card, which effectively removes the hassle of keeping track of and budgeting for additional fees year after year.

The absence of charges extends even to international usage, as cardholders can benefit from ZERO foreign currency markup fees. This is a notable feature for travellers or those who perform international transactions online. Usually, banks charge a certain percentage for transactions that involve currency conversion, but with the IDFC First Credit Card, this cost is eliminated, enabling cardholders to make foreign transactions without the worry of incurring additional fees.

Beyond these financial benefits, the card likely offers a range of other features such as reward points, cashback options, or discounts at partner stores and services, as is common with many credit cards today. These benefits make the IDFC First WOW Credit Card a compelling option for anyone seeking a secure and cost-effective credit card solution.

IDFC First WOW Credit Card Rewards

Given below are rewards offered by IDFC First WOW Credit Card:

  • The applicants can apply for the IDFC First WOW Credit Card with zero documentation.
  • It is a lifetime free credit card as there is no more annual fee or joining fee involved.
  • Get 4x reward points on every spends.
  • It offers interest rate of 6.25% p.a. on Fixed Deposit (FD).
  • It comes with zero forex markup fee.
  • It provides exciting offers in 300+ retail stores and 20% off across more than 1,500+ restaurants.
  • The cardholders can withdraw of their FD amount while getting interest on the same.
  • Get up to 9% p.a. on carry over balances.

IDFC First WOW Credit Card Privileges

IDFC First WOW Credit Card offers the following privileges:

  • Get additional roadside assistance worth Rs.1,399 up to four times per year.
  • It provides Personal Accident Cover of Rs.2 lakhs and Lost Card Liability Cover worth Rs.25,000.
  • Get up to 20% off at dining at more than 1,500+ restaurants across India.
  • It offers a maximum of 15% discount on purchases done at more than 3,000 Health & Wellness outlets across the country.

IDFC First WOW Credit Card Convenience

The following are conveniences offered by IDFC First WOW Credit Card:

  • The cardholders can convert their transactions that are more than Rs.2,500 into easily Equated Monthly Instalments (EMIs).
  • Its balance transfer privileges allow the cardholders to pay their other bank credit card balances.
  • Cardholders can also make purchases at online stores and partner retail stores using reward points.
  • The card charges the lowest interest rates as compared to the other credit cards.
  • The mobile application of IDFC First Bank comes with a simple and smooth user interface.
  • Get 5% cashback on purchases up to Rs.1,000 on the first EMI transaction.

IDFC First WOW Credit Card Fees and Charges

Given below are fees and charges related to IDFC First WOW Credit Card:

  • Annual Fee: IDFC First Bank charges zero joining or renewal fees for its IDFC First WOW Credit Card.
  • Cash Advance Fee: IDFC First Bank charges Rs.250 on cash withdrawal.
  • Interest Rate: IDFC charges an interest rate between 9% p.a. to 42% p.a.
  • Forex Mark-up Fee: The bank charges zero Forex Mark-up fee on IDFC First WOW Credit Card.

IDFC First WOW Credit Card Eligibility Criteria

Given below are the eligibility criteria to apply for IDFC First WOW Credit Card:

  • An applicant should be at least 18 years of age to apply for IDFC First WOW Credit Card.
  • They should be Indian residents.
  • They should have FD accounts of minimum Rs.5,000 in their name with IDFC First Bank.

How to Apply for IDFC First WOW Credit Card

The following are the steps to apply for the IDFC First WOW Credit Card:

  • Visit the official website of IDFC First Bank.
  • Go to the ‘Credit Card’ option.
  • Choose ‘First WOW Credit Card’.
  • Next, open the ‘Card’ and click on ‘Express Interest’ button.
  • Enter all your basic details and click on ‘Submit’.

Documents Required for IDFC First WOW Credit Card

You need to submit the photocopies of the following documents to apply for IDFC First WOW Credit Card:

  • Aadhar Card
  • Permanent Account Number (PAN) card
  • Voter ID card
  • Driving Licence
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