Lifetime Free IDFC FIRST Millennia Credit Card + 500 Voucher Benefits

https://www.idfcfirstbank.com/credit-card/ntb-diy/apply

Why We Picked It?

IDFC Bank has launched the FIRST Millennia Credit Card to provide cash backs on shopping and interest free credit for 48 days in India and internationally at the time of need. The card is completely free and has no annual or joining fee making it even more attractive.

Pros & Cons

• Interest free cash withdrawal for 48 days.
• No annual fee.
• No joining fee.

Cons

• Convenience fee of INR 99 + GST on redemption of reward points.

Features:

Welcome Benefits: Voucher of INR 500 on spending INR 15,000 within 90 days of activating the card.

Cash Back: 5% cash back to the maximum of INR 1,000 equivalent to the transaction value of first EMI done within 90 days of card generation.

Cash Back:

• 6 reward points on every INR 150 spent online and 3 reward points on every INR 150 spent offline spent below INR 20,000 a month.
• 10 reward points on every INR 150 spent above INR 20,000 a month and the same will be applicable on the birthday of the user.
• 1 reward point = INR .25
• reward points are without any upper limit and one can accumulate as many.
• 3 reward points on the payment of rent will be an independent category.
• There is a convenience fee of INR 99 + GST on redemption of reward points.

Interest Free Cash Withdrawals:

Cash withdrawals without interest on domestic and international ATMs for up to 48 days. There will be a cash advance fee of INR 250 per transaction.

Forex Markup:

3.5% for all international transactions