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

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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


Read more: https://www.idfcfirstbank.com/content/dam/idfcf...

Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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Deal Cadet Deal Cadet
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CC devaluation

Please Visit

https://ddime.i...Ex

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.
replyuser
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