IDFC FIRST BankClassic

IDFC FIRST WOW Credit Card

•••• •••• •••• 4242

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Quick facts

IDFC FIRST WOW Credit Card

Top reward1X reward points

Annual feeLifetime Free

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🔒No CIBIL Needed

IDFC FIRST Bank · Classic tier

IDFC FIRST WOW Credit Card

No CIBIL needed

Secured card against FD from ₹5,000.

Key Benefits

💳

FD-backed — no income proof

🎁

100% FD as credit limit

⛽

Lifetime free

Annual fee

Free

Top rate

1X reward points

Min income

No proof

Eff. return

0.17%

Realistic net value (moderate user): ₹800/year

After ₹0 fee. 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

₹800

Before fees & forex

Costs / year

₹0

Fee ₹0

Net value / year

₹800

0.17% effective return on spend

Category-wise breakdown

All other eligible spends

Spend ₹40,000/mo · 1 pts per ₹150 spend

₹800/year

₹66.67/mo

267 pts × ₹0.25 = ₹66.67/mo267 pts/mo @ ₹0.25/pt

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.

Points → INR Conversion Guide

Marketing says "10X points" — here's what that actually means in your pocket.

all — 1 pts per ₹150 spend

You spend

₹10,000

→

You earn

67 pts

Worth ≈

₹16.67

@ ₹0.25/point

Redemption reality: Point value varies — cashback redemption is typically lower than travel partner transfers. We use a conservative ₹0.25/pt in calculations.

🔒No CIBIL Needed

FD-backed — build credit from scratch

Reward Structure

Source: IDFC FIRST WOW T&Cs

All spends

1X reward points

Credit limit

Min FD ₹5,000

100% of FD

Example: ₹10,000/mo spend → ≈ ₹10,000/mo

Forex markup

Zero forex charges

Example: ₹10,000/mo spend → ≈ ₹0/mo

Forex markup

Best for

→ Students
→ Homemakers
→ First-time credit builders
→ No income proof

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

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+ ₹800

Annual fee− ₹0

Net annual value₹800

Eligibility Snapshot

Public criteria from IDFC FIRST WOW T&Cs. Bank makes final decision.

Minimum age18–65 years

Min income (salaried)Not required

Min income (self-employed)Not required

Employment acceptedsalaried, self employed, student, homemaker, retired

Credit historyNot required — fd-backed secured card

CIBIL checkBank checks at application — CardHungry never pulls your score

Secured optionYes — from ₹5,000

Card tierClassic — entry-level product

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 WOW Credit Card?+

At moderate spend (₹40,000/mo), gross rewards are about ₹800/year. After the ₹0 annual fee, net value is approximately ₹800/year. Use the calculator above to model your own spends.

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

No income proof required. FD-backed secured card from ₹5,000.

What spends do NOT earn rewards?+

Does CardHungry pull my CIBIL score?+

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