Lifetime free FIRST Wealth Credit Card from IDFC FIRST Bank for select users

got sms for FIRST select credit card as LTF. Already hv few other cc so not sure if it is any worth or not. any views please.

Maintaining 6 digits balance but select card given.holding 13 card excluding the add-on one.🤐
Not applying this.

got 32k limit if i didn’t see it wrong… have 1- 2 lakh balance in that account… chose classic instead of millenia

Bank balance is not the only criteria. Here is what COO, IDFC SAYS -

We use proprietary algorithm to evaluate the credit profile of an applicant. The higher the score, the lower the interest rate or annual percentage rate (APR). We offer dynamic rates, depending on the score. The lowest APR is 9%, and the highest is 36%. So, it starts with 9%, some would have an APR of 10%, then 12%, 14%, and up to 36%.

Most customers who get the lowest rate would be those who have an existing relationship with the bank.

Thanks to credit bureaus, we have decades of data on customers to categorise them. If we get our scoring and underwriting right, we will be successful.

How many cards are you offering, and how are you segmenting them?

We are offering four cards – First Millennia, First Classic, First Wealth, and First Select.

Fist Millenia targets 21-35 year olds, with income less than ₹12 lakh. This segment of customers is digitally savvy and shop online. The card’s benefits include a 25% discount on movie tickets, 20% on dining, and complimentary railway lounge access.

First Classic is for those above 35 and earning over ₹12 lakh. This segment typically uses a credit card for the household purchase. The benefits are similar to that of First Millenia cardholders.

First Select targets those above 35 but are in the middle to senior management and earn between ₹15 lakh and ₹35 lakh. They, typically, need a card that is high on rewards and offers better privileges. Therefore, benefits include complimentary domestic airport and railway lounge access, buy one and get one free movie tickets, and 20% discount on dining.

For the affluent segment, we have the First Wealth card. Customers in this segment get complimentary airport lounge access in India and abroad, complimentary golf rounds on every ₹20,000 spent in a statement cycle, and free movie tickets.

i got message Presenting First select CC,… Avail today. Should I apply?

Not eligible

There is no wow factor about these cards, as we don’t even get offers on Amz, fk portals on IDFC debit card. I doubt we will get on these new CC like we get on SBI or HDFC. Idfc should had launched a co-barnded card with AMZ or FK like paytm did a second time, I would not had minded even paying for it.

The current card is just to add to your CC portfolio which anyone will hardly use

how much time it takes to move to new net banking portal of idfc as old one has no credit card option

@pranav_sharma837 I am an account holder since July and yesterday I got the new portal !

@aam_aadmi when you were showed the offer for the card , then you must have seen Interest Rate! thats the APR

@pranav_sharma837 it will show “Please wait” and it takes 1 minute to migrate !

Yes that link is working.

Does anyone has links for classic and millennia cards? previously it was mentioned in the thread but now only wealth and select links are present

Does card issue also depends upon Pincode?

IDFC’s dedicated credit card customer care number if anyone needs to call : 1860 500 1111

The above is a premium number but you can connect to the CC rep within a few seconds because the menu options are not cluttered like other banks…I received a call today from IDFC & they told me that a pre-approved card is available…I told them that I’m only interested in the Wealth card…They told me that the Wealth card has not yet launched…I told them that I have already seen few people getting it & doing unboxing of the cards…

Then they gave me the above number & asked me to call that number…I called the number & they told me that the bank will intimate me before sending any card but currently their system is not showing which cards I’m eligible for & they asked me to wait…

Also they confirmed that even the account balance won’t matter but the transactions will & they made it clear over the phone that there won’t be any kinda CIBIL inquiry too as these will be given as Pre-approved cards…

Got a call just now and they offered pre-approved “Signature First Select Card”. Not sure it’s basic or a better variant.

Everything was done while talking to executive in 6-7 minutes and got a mail that card has been issued with last 4 digits of card number.

“Your IDFC FIRST Bank Credit Card ending XXxxxx with Customer ID XXXXXXXXX is issued, and will be delivered shortly. Call 18605001111 to generate your PIN.

You can start using your card online right away, using OTP. Request you to do the first physical transaction using your PIN at any retail outlet.

Do not share your Card Number, CVV/Security Code, PIN, OTP, Internet Banking User ID, and Password with anyone, even if the caller claims to be a bank employee. Sharing these details can lead to unauthorised access to your account.

Always You First,
Team Credit Card"

Got instant approval & card will be sent in 3 days.

Woah!

Honestly, I don’t need this card but I am taking it as I feel IDFC is going to play a disruptive strategy and their aim is on HDFC cards.

I expect plethora of first time offers from all partners like Ola, Swiggy, Zomato, BMS, Grofers, Amazon, Flipkart. Better to have it handy.

I think IDFC name itself was a well-thought out/planned name…DFC has been taken from HDFC & I comes just after H in the English alphabet…Maybe it’s just a co-incidence but I personally don’t think so…

@pranav_sharma837 yes in new portal , Credit card tab is there

Got One

Anyone Receive Approval For Millennia Card?

Whats the difference btwn wealth n select card?

Received Select card within 2 days 

Off topic
Opened idfc saving account online, got acc. no.
While registering for net banking, it says invalid acc. no.
Is there some sync delay? Anyone experienced such?

I got idfc first Select credit card Digital Form physical card deliver soon. Immediate Approved .I’m not having Idfc savings account .Card limit:1.58lakhs

I’m using niyo idfc savings account and offerd credit card too that delivered withing 2 days. But niyo does not provide any spend based offers like idfc itself.
So i want to open a account directly with idfc if i do that will I able to link that account to my Phonepe/paytm upi too ?
Also is this good to maintain 25MAB to get spend based offer on Debit card as niyo doesn’t provide any offer/cashback/debit card offers…

If anyone have both account please help me

@aam_aadmi as u got card, please confirm if 6 points coming on mobikwik wallet load also?
Also in how mugh time reward points  credited?

Can anyone confirm how to apply ?