IDFC FIRST BankGold

IDFC FIRST Millennia Credit Card

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Quick facts

IDFC FIRST Millennia Credit Card

Top reward3%

Annual feeLifetime Free

Min income₹20,000/mo

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🌱First Card / Entry

IDFC FIRST Bank · Gold tier

IDFC FIRST Millennia Credit Card

Lifetime free starter

Popular IDFC entry card with low forex markup.

Key Benefits

💳

Lifetime free

🎁

Never-expiring rewards

⛽

Dynamic forex rates

Annual fee

Free

Top rate

Min income

₹20,000/mo

Eff. return

0.38%

Realistic net value (moderate user): ₹1,802/year

After ₹0 fee & ₹358 forex. Based on ₹40,000/mo spend.

12,400 users matched · Verified 2026-06-12

We earn commission if approved — at no cost to you. Zero sales calls.

Our transparency promise

✓ Reward caps shown in absolute ₹ — not just "5% cashback"

✓ Exclusions listed upfront — fuel, EMI, rent, wallet

✓ Point conversions with conservative ₹/point rates

What You Actually Earn (in ₹)

Absolute INR estimates based on your spends. Caps and exclusions applied — no marketing fluff.

Gross rewards / year

₹2,160

Before fees & forex

Costs / year

₹358

Fee ₹0 + forex ₹358

Net value / year

₹1,802

0.38% effective return on spend

Category-wise breakdown

Online shopping

Spend ₹10,000/mo · 3% cashback

₹360/year

₹30/mo

₹1,000 × 3% = ₹30/moCap hit at ₹1,000/mo — extra spend earns less

All other eligible spends

Spend ₹30,000/mo · 0.5% cashback

₹1,800/year

₹150/mo

₹30,000 × 0.5% = ₹150/mo

Estimates assume eligible spends only (exclusions per issuer T&Cs apply). Point values use typical redemption rates — actual value varies by redemption choice. Bank approval and reward crediting is at issuer discretion.

🌱First Card / Entry

Low income threshold, easy approval

Reward Structure

Source: Issuer public T&Cs

online shopping

Cap: ₹1,000/mo

Example: ₹1,000/mo spend → ≈ ₹30/mo (max at cap)

all

0.5%

Example: ₹10,000/mo spend → ≈ ₹50/mo

Excluded categories (no rewards)

EMIRentWallet loads

Best for

→ Lifetime free starter

Fees & Charges — Full Disclosure

All amounts in INR. Everything that can reduce your net value.

Joining fee

Lifetime free card

₹0

Annual / renewal fee

No renewal fee ever

₹0

Forex markup

1.99% on international transactions

Finance charges

≈3.5–3.75% per month (42–45% p.a.) if you revolve balance — pay in full to avoid

Late payment fee

₹400–₹1,300 depending on statement balance — always pay on time

Reward redemption fee

Usually ₹0 for cashback cards; points cards may have ₹99+ redemption fee

Example: moderate user net math

Gross rewards+ ₹2,160

Annual fee− ₹0

Forex cost− ₹358

Net annual value₹1,802

Eligibility Snapshot

Public criteria from Issuer public T&Cs. Bank makes final decision.

Minimum age21–60 years

Min income (salaried)₹20,000/mo

Min income (self-employed)₹2,40,000/year

Employment acceptedsalaried, self employed

Credit historyNo minimum stated

CIBIL checkBank checks at application — CardHungry never pulls your score

Secured optionUnsecured card only

Card tierGold — mid-tier mass premium

Important: These are indicative eligibility bands from issuer websites. Actual approval depends on the bank's internal score, existing relationship, and current portfolio policy. CardHungry shows bands, not guarantees.

FAQ

How much can I actually earn with IDFC FIRST Millennia Credit Card?+

At moderate spend (₹40,000/mo), gross rewards are about ₹2,160/year. After the ₹0 annual fee, net value is approximately ₹1,802/year. Use the calculator above to model your own spends.

What is the minimum income for IDFC FIRST Millennia Credit Card?+

₹20,000/month for salaried applicants (indicative — bank decides).

What spends do NOT earn rewards?+

EMI, Rent, Wallet loads.

Does CardHungry pull my CIBIL score?+

No. We use public eligibility criteria only. The bank will check CIBIL when you apply.