Change in IDFC First Credit card reward structure effective May 17 2022

do we get points for transactions below 100 right now? 

Select

https://www.idfcfirstbank.com/personal-banking/...

Classic
https://www.idfcfirstbank.com/personal-banking/...


Millenia
https://www.idfcfirstbank.com/personal-banking/...

Wealth
https://www.idfcfirstbank.com/personal-banking/...

Effective 17th May 2022, for subsequent billing cycles, minimum spends required in a billing cycle to unlock 10X Reward Points is being revised from ₹20,000 to ₹25,000. Your accrual of 1X = 1 Reward Point per ₹100 will change to 1X = 1 Reward Point per ₹125. Your Reward Points will continue to have a value of ₹0.25 per Reward Point.

Effective 1st Oct 2022, Reward redemption through any redemption channel will attract a small convenience charge of ₹99 (+ applicable taxes) per redemption transaction. Since you are an existing customer, you have adequate time to redeem your accumulated Reward Points without any redemption charges for redemptions done before 1st Oct 2022.


Reward points summary is as below:
Classic and Millennia
1x per 150
No change in 20k milestone

Select
1x per 125
20k changed to 25k

Wealth
1x per 100
20k changed to 30k

About to post Will stop using. Will the redemption be charged even for statement credit?

For Millienia, I got communication of min amount as 20k only for 10x rewards not 25k.. rest all remains same https://www.idfcfirstbank.com/personal-banking/...

For millenia it is 1x per 150

So finally they are segregating the cards

Sneaky after advertising same for all

@bohemian Things are changing fasttt.. after selling the cards!

Classic and Millennia
1x per 150
No change in 20k milestone

Select
1x per 125
20k changed to 25k

Wealth
20k changed to 30k

https://www.idfcfirstbank.com/personal-banking/...

For First Classic card:

Effective 17^th May 2022 for subsequent billing cycles, your accrual of 1X = 1 Reward Point per ₹100 will change to 1X = 1 Reward Point per ₹150.

Effective 1st Oct 2022, Reward redemption through any redemption channel will attract a small convenience charge of ₹99 (+ applicable taxes) per redemption transaction. Since you are an existing customer, you have adequate time to redeem your accumulated Reward Points without any redemption charges for redemptions done before 1st Oct 2022.

https://www.idfcfirstbank.com/personal-banking/...

For First Select card:

Effective 17th May 2022, your accrual of 1X = 1 Reward Point per ₹100 will change to 1X = 1 Reward Point per ₹125.

Effective 1st Oct 2022, Reward redemption through any redemption channel will attract a small convenience charge of ₹99 (+ applicable taxes) per redemption transaction. Since you are an existing customer, you have adequate time to redeem your accumulated Reward Points without any redemption charges for redemptions done before 1st Oct 2022.

@caks2006407 

@Manitian 

@TEMPER

@raman12 @flawlessking @Random123 @pranavcool @decideaim @ontherocks @tyroceur

3rd repost

Subscriptions mein ab FK Axis zindabad.

Toh bachho which one is more rewarding according to new rewards structure 😃 Explain 

Time to cut my card and throw it in the dustbin , @xxxyyyzzz tumne faltu mai savings account khol liya

Stop using.
No use of this card any further

Dear Customer, effective May 17,2022 , Reward Program of your IDFC FIRST Bank Credit Card will be revised. Read More https://www.idfcfirstbank.com/personal-banking/...;

4th repost

@admin

@admin repost

F

Only benefit of IDFC CC now – it’s LTF

idfc wealth is still ok to use for offers and all now thinking to make more addons and loot that 2000 points and redeem all points till oct 2022. 

wealth is ok card for offers it has

I only use idfc for 2+2 movie offer on Paytm

Now is we spend 1000 then how much reward point?

If

Soon they will restrict reward points for wallet load transaction.Wait for it.My suggestion is axis flikart and icici Amazon pay is better as of now.

Can I upgrade millennia to select?

Only bms offers it is..

This is bound to happen, maybe they got enough customers now.

Its good.. They rejected my application…. Savings account also closed now…. 

Irony—-
“Always you first” 
Nothing more to say!!