IDFC first wealth credit card 2024: IDFC first bank has recently launched various credit cards for all Indians. All the cards are named differently, and they all have some different features in them. Here we are talking about IDFC’s first wealth credit card. This card is specially made for the rich people who like to go on many tours and travels, and other stuff. In this article, we have given all the details related to IDFC first wealth credit card.
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Features of IDFC first wealth credit card
IDFC first wealth credit card has a variety of features which makes it very special. You can earn a lot of reward points on every payment with the IDFC first wealth credit card. The reward points are divided into three parts according to your Income. You can get a maximum of 10X reward points on a minimum spend of 20,000. You can also earn 6X and 3X reward points on paying online and offline, respectively.
Also, these reward points are for a lifetime, and they don’t have any expiry date. There are plenty of other benefits as well, like discounts on shopping and dining, flat discounts on movie tickets every month, etc. You may also like IDFC first classic credit card.
| Features | IDFC first bank has recently launched a variety of credit cards. Most of them are pretty helpful, and IDFC first wealth credit card is one of them. It was specially made for the wealthy people who used to love to travel and tour. IDFC first wealth credit card has a beautiful and dynamic model for interest rate |
| Eligibility criteria | You need to be an Indian if you want to get the card. You need to have a perfect credit score so that the approval goes smoothly. Your age must have to be above 21 if you want to get the card |
| Application process (Online/Offline) | You can either go to the bank or fill out the application form from its official website. Further process is also straightforward and hassle-free. You need to submit some of the required documents. |
| Documents Required | There are few documents that you need to have before applying for a credit card. These documents are related to your identity, address, Income, etc. |
Fees and Charges
- Zero Joining Fee and Annual Fee
- Low Interest Rates (APR), from 0.75% to 3.65% per month (9% to 43.8% per annum)
- Low Forex Markup of 1.5% on international transactions
- Late Payment Fee – 15% of Total Amount Due (subject to a minimum of ₹100 and a maximum of ₹1300)
- Interest-free cash withdrawals on domestic and international ATMs for up to 48 days (Cash Advance Fee of only ₹199 + GST per transaction)
Eligibility criteria
There are some eligibility criteria that you must know before applying for the IDFC first wealth credit card. Without being eligible, you can get the card.
Although these eligibility criteria are nothing new and we are pretty aware of them. If you had a credit card earlier, then you should know about all that.
The eligibility criteria are mentioned below:
- The applicant must have to be a citizen of India, so that he can avail the benefits of the card.
- The applicant must need to show some relevant proof of his income, as having a regular source of income is necessary.
- Your age must have to be either equal to 21 or more than that. However, according to your profession the age is listed. Which means, if you are self-employed then you can take the card till 65, but if you are salaried then you can take it till 60.
- You also need to have a good credit score, so that the card approval is easy and hassle free.
Also Read about: Axis Bank Loan
Application process (Online/Offline)
The application process to apply for the IDFC first wealth credit card is relatively easy and hassle-free. They provide a significant amount of flexibility, and the process is entirely transparent. You can apply for the card through its official website, or you can also visit the bank. The workers are beneficial, and they will provide you with all sorts of support during the application process.
We have mentioned the steps by which you can apply for the IDFC first wealth credit card:
#Step I – the applicant needs to go to the bank or do the process from its official website.
#Step II – fill the application form with proper care. Provide all the details about your Income, address, and other related information.
@Step III – upload the scanned image of all the required documents, and submit it with the application form. You can also physically do all the procedures. It doesn’t take a lot of time.
#Step IV – Once you are done with the application process, you need to wait for the documents verification and confirmation from the bank. Once confirmed, you can get the card within a few days.
Documents required
There are few documents that you need to have with yourself to get the IDFC first wealth credit card. We have mentioned the name of all the required documents below:
- The applicant must need to have his identity proof like. Aadhaar card, passport, voter ID card, etc.
- He also needs to have address proof like, Aadhaar card, driving license, passport, etc.
- You need to have some kind of income proof as well. You can use the bank statement or salary slip.
- You also need to submit the form 16 with other relevant documents.
- A pan card is a must for a successful KYC.
Frequently asked questions
No, there isn’t any joining fee for the IDFC first wealth credit card. It’s completely free, and it has the validity of a lifetime.
It would help if you bought something that costs at least 2,500 to turn them into EMI.
IDFC FIRST Bank customer toll-free is 18605001111.
Yes, for all transactions in India, you will be asked for a PIN for completing the transactions.
