Changes in IDFC credit card rewards
Effective 21st August 2023, we will be making the following changes to the Reward Points:
1. Insurance premium payments (MCC 5960 and 6300) have been added to the reward program and will earn 1x Reward Points.
2. Paying utility bils (MCC 4900) will earn 1x Reward Points.
Note: Insurance premium payments and utility bills will not fall under the 10x Reward Points program and 10x threshold calculations.
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Insurance was never included for RPs right from start when most other cards (ACE/FK etc) were giving rewards and now when all have stopped, IDFC have included it, 0.25Rs ~ 1x (Wealth CC) is better than nothing when paid through other cards now 😃
Wealth CC current exclusion:
1X = 1 Reward point per ₹100 spent | 1 Reward point = ₹0.25
Reward program not applicable on Fuel, Insurance, EMI transactions & Cash withdrawals
Rental and Property management transactions will not be a part of 10X reward program and 10X threshold calculations. However, such transactions will earn 3X reward points
Effective 1st October, 2022, a convenience fee of ₹99 (plus applicable taxes) will be levied on redemption of Reward Points
Insurance premium payments (MCC 5960 and 6300) have been added to the reward program and will earn 1x Reward Points
Paying utility bills (MCC 4900) will earn 1x Reward Points
Note:
Insurance premium payments and utility bills will not fall under the 10x Reward Points program and 10x threshold calculations.
Rewarding your spends as always!
Never-expiring
• 3x REWARD POINTS
On offline purchases
Rent payments and any property management transactions such as society maintenance bills.
• Never-expiring 6x REWARD POINTS
On online purchases
• Never-expiring
10x REWARD POINTS
On incremental online and offline spends above your respective Credit Card's monthly spending threshold.
All purchases done on your birthday.
Following exclusions on our Reward Program continue to apply as before:
•Fuel spends - Our Credit Cards offer 1% fuel surcharge waiver EMI Conversions/EMI Transactions
•Cash withdrawals from ATM (All our cards offer 0 interest cash withdrawal for up to 48 days, as opposed to other bank Credit Cards, which charge interest from date of withdrawal!)
They added insurance premium. Utility bills category to 1x rewards points. Now they realised without rewards and good offers they will not be entertained 
This is 3rd card I'll have to consider changing for Netflix monthly payments after these changes.
First, SBI Cashback CC stopped giving (5%) cashback, then Axis Flipkart CC (1.5%) and now IDFC First Wealth CC (1.5%) ... will have to change it to Amazon Pay ICICI CC now ... handling CCs have been a headache these days 😖
why aces? do you mean once 10x kicks in?
For First WoW Card Received This Msg.
Dear Customer, effective 21Aug2023 , Reward Program of your IDFC FIRST Bank Credit Card will be revised. Read More https://idfcfs.in/...iU
Yep, disappointment one after another.
First, Magnus card got approved today and was thinking to at least achieve 2-3 milestones before devaluation but that has been done today and now this. Also, Neucard also has become kinda useless.
Have been paying bulk EB for almost 4 years but my earnings from them are minimal except for this year, but now almost all the rewards have been neutralized.
IMHO, IDFC has the least rewarding credit cards in the entire industry. The ₹99 fee made them worthless worth less and IDFC is hell bent on making them more and more worthless 
What IDFC needs is at least one CASHBACK or regular instant discounts card. See everybody has one except IDFC.
SBI (Cashback), HDFC (Millennia), ICICI (Amazon Pay), Axis (Flipkart), Kotak (Myntra), BOB (Snapdeal) are all solid cashback cards. RBL has at least co-branded cards which give cashback or instant discount. IndusInd Legend gives reward points equivalent to 1.5% on weekends. Only IDFC and Yes Bank have flop CC portfolio with cards which aren't that rewarding IMHO. Even PNB RuPay Platinum is rewarding.
I made a tax payment of 2.26L with IDFC select card but after transaction settlement, it shows only 10894 points. It's less than 6x points.
I did some utility payments last montha db it settled 1-2 days before 21st. But I got only 6x points for them. My statement is generated, but remaining 4x is not added up. Are they correct in doing so?
Shouldn't they see transaction date for calculating 4x points?
Anyone knows if birthday benefit of 10x points work for excluded categories like utility and rent also?
All hopes gone ... was thinking to get this card. 1x means 0.25% INR.
BTW why they said insurances added to reward program ? since the beginning they were under online transactions.