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IDFC FIRST Bank

IDFC FIRST WOW! Credit Card

Secured card against a ₹20,000+ FD with no income proof or credit history. Online, offline and international spends earn 0.5% back in reward points, utilities, insurance, railways and FASTag 0.125%; zero forex markup.

  • Lifetime free
  • Visa
Apply nowVia our referral partner. We may earn a commission.

Pros and cons

Good

  • Lifetime free: no joining or annual fee
  • No forex markup
  • No income proof needed: issued against a fixed deposit
  • Open to self-employed applicants

Watch out for

  • Can't be used on UPI (not a RuPay card)
Who it's for
Anyone who wants a no-fee card for everyday spends.
Skip it if
You mainly pay by UPI.

Worked out from the bank's published terms with the same rules for every card, never from what we earn. How we judge cards.

Rewards (value back as % of spend)

Everyday spends
0.5% (base rate)
Online shopping
0.5%
Fuel
0%
Groceries
0.5%
Travel
0.5%
Bills and utilities
0.13%
Dining and food delivery
0.5%

Fees and charges

Joining fee
Free
Annual fee
Free
Fee waiver
Lifetime free: no joining or annual fee (secured card against an IDFC FIRST fixed deposit)
Forex markup
0%
Fuel surcharge waiver
1% on fuel transactions of ₹200–₹5,000, up to ₹200 per statement cycle

Benefits and eligibility

Airport lounge
None
Card network
Visa
UPI payments
No
Minimum income (salaried)
Not published by the bank
Eligibility
Indian citizen with a permanent Indian address, age 18–80. Needs a fixed deposit of at least ₹20,000 with IDFC FIRST Bank (singly held; not tax-saver or sweep FDs); credit limit is 100% of the FD. No income proof or credit history required. Open to salaried, self-employed, students and homemakers. Issuance at the bank's discretion.

Fees exclude GST. Reward rates are the value back you get at the bank's published redemption value; where a bank doesn't publish what a point is worth, we leave the rate blank rather than guess. See how we compare cards.

Compare it with other cards

Ready to apply for the IDFC FIRST WOW! Credit Card?

Apply nowVia our referral partner. We may earn a commission.

CreditParakh is not a bank or lender. Approval, limits and final terms are decided by IDFC FIRST Bank.

Related guides

What changed recently

  1. RewardsWorse for you

    Reward points now expire 24 months after they are credited; the existing balance stays valid until July 2028.

    Before: Points never expire · After: Points valid 24 months

    Bank's notice or terms
  2. Reward capsWorse for you

    Points are earned only on spends up to the credit limit in each billing cycle, including spends made after repaying within the same cycle.

    After: Points capped at spends up to the credit limit per cycle

    Bank's notice or terms
  3. RewardsBetter for you

    New bonus points on travel booked in the bank's app: 10% extra on hotels and 5% extra on flights, on top of base points.

    Before: No app travel bonus · After: 10% bonus on hotels, 5% on flights booked in the app

    Bank's notice or terms
  4. RewardsWorse for you

    Points are now earned per ₹200 spent instead of per ₹150, so every multiplier pays about 25% less.

    Before: 1 point per ₹150 at 1X · After: 1 point per ₹200 at 1X

    Bank's notice or terms
  5. RewardsWorse for you

    FASTag recharges and railway spends earn only 1X points (1 point per ₹200).

    After: 1X on FASTag and railway

    Bank's notice or terms

All card changes, month by month

Questions people ask

Is the IDFC FIRST WOW! Credit Card worth it in 2026?

Yes, as a no-fee card for everyday spends: it costs nothing to keep. The catch: can't be used on UPI (not a RuPay card).

Is the IDFC FIRST WOW! Credit Card lifetime free?

Yes. The bank's fee schedule shows no joining fee and no annual fee.

Does the IDFC FIRST WOW! Credit Card work on UPI?

No. Only RuPay credit cards can be linked to UPI, and this isn't one.

Does the IDFC FIRST WOW! Credit Card give airport lounge access?

No complimentary airport lounge access.

What earns no rewards on the IDFC FIRST WOW! Credit Card?

No points on fuel, EMI transactions, fees and charges (and their GST), loan on card, balance transfer, cash withdrawals, or any transaction under ₹200. Points are earned only on spends up to the credit limit in each billing cycle. Insurance, utilities, FASTag and railway earn 1 point per ₹200 instead of 4. The only published earning cap is on bonus points for flights and hotels booked in the bank's app (8,000 bonus points a calendar month), which the rates we show don't include.

Who can get the IDFC FIRST WOW! Credit Card?

Self-employed people can apply: Fixed deposit of ₹20,000 or more with IDFC FIRST; no income proof or credit history needed. Indian citizen with a permanent Indian address, age 18–80. Needs a fixed deposit of at least ₹20,000 with IDFC FIRST Bank (singly held; not tax-saver or sweep FDs); credit limit is 100% of the FD. No income proof or credit history required. Open to salaried, self-employed, students and homemakers. Issuance at the bank's discretion. Approval is at the bank's discretion.

How we checked this card: the CreditParakh team read IDFC FIRST Bank's own terms and product page on 18 Oct 2026. Every fee, rate and rule above comes from those pages; where they disagree, we say so. We re-check every card monthly and log changes on card changes. See our editorial standards.

Last verified 18 Oct 2026 on IDFC FIRST Bank's official page. Fees and rewards change; check the issuer's terms before you apply.