IDFC First Select Credit Card Devaluation Effective From : 1st May

Deal Cadet
IDFC First Select Credit Card Devaluation

Kindly note, some of the features and terms of your FIRST Select Credit Card will
undergo changes with effect from 1st May 2024:

  1. Reward Points
    • Unlock 10X Reward Points fasterin a statement cycle on both online & offline spends above
    Rs. 20,000
    • Reward points on online spends up to Rs. 20,000 in a statement cycle will be revised to 3X
    • Reward points on Education, Wallet load and Government services^ transactions will be
    revised to 3X. These transactions will no longer be part of 10X threshold calculation
    • 3X = 3 Reward Points per Rs. 150 spent
  2. Buy one Get one movie offer
    • Will be revised up to Rs.125 off twice per month
  3. Complimentary visits to Domestic Airport Lounge
    • Total number of visits will be revised to 2 per quarter
    • Spend minimum Rs. 20,000 in a calendar month to activate lounge benefits for
    next calendar month
  4. Rent and Property Management Fee^
    • 1% of transaction value will remain the same
    • It will be subject to a minimum of Rs. 249 per transaction
  5. Fair usage on Utility Spends^
    • 1X Reward Points on Utility spends will remain the same
    • 1% of transaction value will be levied as Utility fee on commercial usage
    • Commercial usage is defined as aggregate Utility spends > Rs.20,000 in a billing cycle

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Deal Cadet Deal Cadet
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CC devaluation

Please Visit


Deal Cadet Deal Cadet
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Fog ad:

Kya chal raha hai

Me: credit card BENEFITS devaluations🤦🏻‍♂️ by every card issuers

Deal Cadet Deal Cadet
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I guess everyone will follow this route.

First restricted reward points on rent/wallet load transactions

Next minimum spend limit to utilise airport lounge

Now this.

Deal Cadet Deal Cadet
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movie discount also devalued from ₹250 to ₹125

Deal Baba Deal Baba
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Buy one get one 125 Rs. and 75 Rs. taxes. Even MyZone gives 200 sob

Shameless IDFC Bank

Talk-Of-The-Town Talk-Of-The-Town
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If I do education payment on April 25th am i eligible for 10x reward points? my statement date is 24th April.

Benevolent Benevolent
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yes, txn must settle b4 1stMay, which is very likely as 5 days long enough 
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Deal Cadet Deal Cadet
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Any spending criteria for the railway lounge?

Deal Cadet Deal Cadet
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Nothing is written about railway lounge access. So, it will be complimentary I think.
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