IDFC FIRST Wealth Credit Card review

IDFC FIRST Bank · Visa · points Official sources Checked 30 Oct 2026

At a glance

Annual fee: ₹0
Joining fee: ₹0
Fee waiver: Not needed (no annual fee)
Base return: 0.38% base
Point value: ₹0.25 per point
Domestic lounge: 1 domestic visit per quarter; needs ₹20,000 spend in previous calendar month (official); plus 4 railway lounge visits
International lounge: 1 global lounge visit per quarter via DreamFolks card; needs ₹20,000 spend in previous calendar month (official; one FAQ says 8 visits/yr total)

Estimated net value a year

Profile	Net	% of spend
First card, light spender ₹15k a month	₹884	0.5%
Metro salaried ₹60k a month	₹3,495	0.5%
Family household ₹80k a month	₹3,825	0.4%
Frequent flyer ₹1.5L a month	₹13,050	0.7%
Online shopper ₹50k a month	₹2,580	0.4%
Rent-heavy ₹90k a month	−₹1,413	-0.1%

Fee maths: There is no annual fee to recover, so value depends only on how much of your spend lands in rewarded categories. On our 6 profiles it nets from −₹1,413 (rent-heavy) to ₹13,050 (frequent flyer), equal to −0.1% to 0.7% of spend across the profiles. On the rent-heavy profile it earns nothing or loses money, because that spend is excluded or carries a fee.

After fees and caps, best-case redemption. Use your own spend.

Our take: Lifetime free, with 5 points per ₹100 on dining, travel and international spends and 1.5 per ₹100 elsewhere. Points are worth ₹0.25 each, so the effective rates are 1.25% and about 0.4%, the same earn as Millennia and Select. What Wealth adds is the perks: one domestic and one international lounge visit a quarter (each needing ₹20,000 of spend in the previous month), a golf round a quarter, better insurance and a stated income requirement of ₹36 lakh a year. Because the rewards match the cheaper siblings, it only makes sense if you qualify and will use those perks.

From the card's terms: strengths

No annual fee
1 domestic lounge visit a quarter

From the card's terms: limits

Base return is only about 0.38% on other spends

Reward rates and caps

Spend category	Points per ₹100	Value per ₹100	Cap	Notes
International (foreign currency)	5	₹1.25	No cap found	10X (5 points per ₹100) on international purchases per the issuer's page (re-read 30 Oct 2026: the page still lists it); one aggregator reported a cut from 26 Oct 2026, not seen on the official page.
Dining & food delivery, Flights & hotels	5	₹1.25	No cap found	10X = 10 pts per ₹200 (5/₹100) on dining, travel and international (international not modelled). Official: from very first transaction, no minimum spend. In-app hotel +20% / flight +10% bonus.
Everything else, Other online shopping, Amazon, Flipkart, Groceries, Entertainment & OTT	1.5	₹0.38	No cap found	Base rate on all other eligible spends, online and offline
Bills & utilities	0.5	₹0.13	No cap found	Utilities, insurance, FASTag, railway at 1X; 1% fee on FASTag >₹10,000/cycle and railway >₹25,000/cycle; IDFC's MITC (a 2025 file, read 30 Oct 2026) also lists a 1% fair-usage fee on utility spends above ₹20,000 a statement cycle
Fuel	0	₹0	No cap found	No points; 1% fuel surcharge waiver on ₹200-5,000 txns (cap ₹300/cycle); 1% fee above ₹30,000 fuel/cycle
Rent	0	₹0	No cap found	Rent payments: 1% fee (min ₹249) since Jan 2026; EMI/cash advance also earn nothing

Point value: 1 point = ₹0.25; ₹99+GST redemption fee; in-app hotel +20%, flight +10% bonus (up to 8,000 bonus pts)

Excluded or reduced

fuel
rent
EMI conversions
cash advances
fees and charges
government services
education
wallet load

Other benefits

Welcome: About ₹500 (₹5,000 spend in 30 days; aggregator)
Renewal: None
Golf 1 round/quarter (₹20,000 spend in a statement cycle)
BOGO movies via District up to ₹250 off, twice/month (₹20,000 prior-month spend)
Zero forex markup (official fee table; one FAQ line still says 1.5%, stale)
Travel insurance up to USD 1,200, CFAR up to ₹10,000, air accident cover

Eligibility

Annual income ₹36 lakh or more (official)

Compare

Related guides

FAQ

What is the annual fee of the IDFC FIRST Wealth Credit Card?

No annual fee. Fees exclude 18% GST.

How do IDFC FIRST Wealth Credit Card rewards work?

0.38% base, up to 1.25% on international (foreign currency). 1 point = ₹0.25; ₹99+GST redemption fee; in-app hotel +20%, flight +10% bonus (up to 8,000 bonus pts)

Does the IDFC FIRST Wealth Credit Card give airport lounge access?

Domestic: 1 domestic visit per quarter; needs ₹20,000 spend in previous calendar month (official); plus 4 railway lounge visits. International: 1 global lounge visit per quarter via DreamFolks card; needs ₹20,000 spend in previous calendar month (official; one FAQ says 8 visits/yr total).

Who is the IDFC FIRST Wealth Credit Card best suited to?

Lifetime free, with 5 points per ₹100 on dining, travel and international spends and 1.5 per ₹100 elsewhere. Points are worth ₹0.25 each, so the effective rates are 1.25% and about 0.4%, the same earn as Millennia and Select. What Wealth adds is the perks: one domestic and one international lounge visit a quarter (each needing ₹20,000 of spend in the previous month), a golf round a quarter, better insurance and a stated income requirement of ₹36 lakh a year. Because the rewards match the cheaper siblings, it only makes sense if you qualify and will use those perks. There is no annual fee to recover, so value depends only on how much of your spend lands in rewarded categories. On our 6 profiles it nets from −₹1,413 (rent-heavy) to ₹13,050 (frequent flyer), equal to −0.1% to 0.7% of spend across the profiles. On the rent-heavy profile it earns nothing or loses money, because that spend is excluded or carries a fee.