IDFC First Select Credit Card Devaluation Effective From : 1st May
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:
-
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 -
Buy one Get one movie offer
• Will be revised up to Rs.125 off twice per month -
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 -
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 -
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
Read more: https://www.idfcfirstbank.com/content/dam/idfcf...
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https://www.desidime.com/discussions/idfc-first-select-credit-card-devaluation-effective-from-1st-may?page=1#post_9988069
Fog ad:
Kya chal raha hai
Me: credit card BENEFITS devaluations🤦🏻♂️ by every card issuers
https://www.desidime.com/discussions/idfc-first-select-credit-card-devaluation-effective-from-1st-may?page=1#post_9988131
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.
https://www.desidime.com/discussions/idfc-first-select-credit-card-devaluation-effective-from-1st-may?page=1#post_9988181
movie discount also devalued from ₹250 to ₹125
https://www.desidime.com/discussions/idfc-first-select-credit-card-devaluation-effective-from-1st-may?page=1#post_9988264
Buy one get one 125 Rs. and 75 Rs. taxes. Even MyZone gives 200
Shameless IDFC Bank
https://www.desidime.com/discussions/idfc-first-select-credit-card-devaluation-effective-from-1st-may?page=1#post_9988327
If I do education payment on April 25th am i eligible for 10x reward points? my statement date is 24th April.
https://www.desidime.com/discussions/idfc-first-select-credit-card-devaluation-effective-from-1st-may?page=1#post_9988934
yes, txn must settle b4 1stMay, which is very likely as 5 days long enough
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https://www.desidime.com/discussions/idfc-first-select-credit-card-devaluation-effective-from-1st-may?page=1#post_9988910
Any spending criteria for the railway lounge?
https://www.desidime.com/discussions/idfc-first-select-credit-card-devaluation-effective-from-1st-may?page=1#post_9995201
Nothing is written about railway lounge access. So, it will be complimentary I think.
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