IDFC FIRST Ashva Credit Card
IDFC FIRST Bank · Visa · Premium card
A mid-premium route to zero forex costs, eight annual international airport lounge visits and a useful twice-monthly movie offer.
International travellers who want premium travel access below Mayura’s annual fee.
Terms checked 13 Sept 2026
- Annual fee
- ₹2,999 + GST
- Joining fee
- ₹2,999 + GST
- Base reward rate
- 1.3%
- Forex markup
- 0%
Reward rates by spending category
Published catalogue rates before caps and merchant-category exclusions.
| Category | Recorded rate |
|---|---|
| Online shopping | 1.3% |
| Groceries & essentials | 1.3% |
| Dining & delivery | 1.3% |
| Travel & hotels | 1.3% |
| Beauty & wellness | 1.3% |
| Entertainment & movies | 1.3% |
| Healthcare & pharmacy | 1.3% |
| Subscriptions & streaming | 1.3% |
| Offline store shopping | 1.3% |
| International spending | 1.3% |
| Other miscellaneous | 1.3% |
| Gold & jewellery | 1.3% |
| Education & family | 0.8% |
| House rent | 0.8% |
| Bills & utilities | 0.3% |
| Insurance premiums | 0.3% |
| Fuel & commute | 0% |
Caps and fee waiver
- Reward caps
- No general cap recorded
- Annual fee waiver
- No waiver recorded
- Monthly income requirement
- Not listed
Airport lounge access
16 domestic airport lounge visits per year • 8 international airport lounge visits per year
4 domestic airport lounge visits per quarter · Issuer card
Guest access: Not specified
Requires ₹20,000 per Calendar month for the following calendar month
2 international airport lounge visits per quarter · DreamFolks
Guest access: Not specified
Requires ₹20,000 per Calendar month for the following calendar month
Spend condition: Spend ₹20,000 in the current calendar month for access in the next month.
Movies and entertainment
District · Buy one, get one · up to ₹400 · 2 uses/month
Requires ₹20,000 per Calendar month for the following calendar month.
Benefits & conditions
Expand a category to see recorded benefits, fees and eligibility, with conditions and links to the sources. Categories without recorded details are grouped below; missing information does not mean a benefit is unavailable.
Rewards and cashback · 7 items
FIRST Rewards Gallery hotel rewards
Usage-based valueUp to 40X total points on eligible app hotel bookings: 30X bonus plus up to 10X card rewards.
Conditions: Up to 40X total points on eligible app hotel bookings: 30X bonus plus up to 10X card rewards.
FIRST Rewards Gallery flight rewards
Usage-based valueUp to 25X total points on eligible app flight bookings: 15X bonus plus up to 10X card rewards.
Conditions: Up to 25X total points on eligible app flight bookings: 15X bonus plus up to 10X card rewards.
Standard and incremental rewards
Usage-based value5X on the first ₹20,000 of aggregate eligible statement-cycle spend and 10X on the incremental amount. International spend currently participates at 5X and counts toward the threshold.
3X regulated-category rewards
Usage-based value3X on eligible rent, education, government and wallet-load transactions; these categories do not count toward the 10X threshold.
1X regulated-category rewards
Usage-based value1X on utilities, insurance, railways and FASTag; these categories do not count toward the 10X threshold.
5X points up to ₹20,000 and 10X on incremental eligible statement-cycle spend above ₹20,000
Shown without a cash value30X bonus points on app hotel bookings and 15X bonus points on app flight bookings
Shown without a cash value
Fees · 2 items
Annual card fee
Cost ₹2,999₹2,999 annual fee before applicable tax.
Joining fee
Cost ₹2,999₹2,999 one-time joining fee before applicable tax.
Welcome benefits · 3 items
2,500 fee-payment points
Recorded value ₹625First stage of the 7,500-point joining package.
Conditions: Pay the applicable joining fee
2,500 second-statement points
Recorded value ₹625Second stage of the joining package.
Conditions: Pay the applicable joining fee · Reach ₹20,000 net spend in the second statement cycle
2,500 third-statement points
Recorded value ₹625Third stage of the joining package.
Conditions: Pay the applicable joining fee · Reach ₹20,000 net spend in the third statement cycle
Spend milestones · 1 item
7,500 annual-fee payment points at ₹8 lakh
7,500 reward unitsCredited only after payment of the next annual fee.
Conditions: Reach ₹8,00,000 per card anniversary year
Airport lounge access · 3 items
Domestic lounge access
Usage-based value4 visits per quarter through Issuer card. Guest access: not specified.
Conditions: Spend ₹20,000 per calendar month
International lounge access
Usage-based value2 visits per quarter through DreamFolks. Guest access: not specified.
Conditions: Spend ₹20,000 per calendar month
Four railway-lounge visits per quarter after ₹20,000 current-month spend
Shown without a cash value
Movies and entertainment · 1 item
District movie offer
Usage-based · up to ₹9,600Buy one, get one offer up to ₹400, 2 times per month.
Conditions: Spend ₹20,000 per calendar month
Travel privileges · 1 item
Postcard Hotels discount of ₹5,000 on a minimum ₹25,000 booking
Shown without a cash value
Dining · 1 item
Visa Infinite dining, hotel, airport transfer and meet-and-greet privileges
Shown without a cash value
Golf · 1 item
Up to two monthly golf rounds or lessons, with each use unlocked by ₹20,000 of prior-statement spend
Shown without a cash value
Insurance and protection · 3 items
Trip-cancellation reimbursement up to ₹25,000 twice yearly
Shown without a cash valueAir and personal accident cover plus lost-card liability cover of ₹50,000
Shown without a cash valueTravel insurance for baggage loss and flight delay up to USD 1,200
Shown without a cash value
Fuel benefits · 1 item
1% fuel surcharge waiver on ₹200-₹5,000 transactions, capped at ₹300 per statement
Shown without a cash value
Concierge · 1 item
Visa Infinite concierge service
Shown without a cash value
Foreign-currency charges · 1 item
Zero forex markup
Usage-based value0% foreign-currency markup before applicable tax.
Conditions: Applies to eligible foreign-currency transactions
Eligibility and availability · 1 item
Application eligibility
Shown without a cash valueApplication availability: open. No universal verified numeric income threshold is used as a hard filter. The issuer does not publish a universal numeric monthly income threshold for Ashva.
Other benefits · 2 items
24-hour roadside assistance
Shown without a cash valueInterest-free global ATM cash withdrawal until the due date, with a ₹199 transaction fee
Shown without a cash value
Other categories (3)
These categories have no detailed entries. We distinguish confirmed absences from information that still needs review.
Fee waiver
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Card tiers
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Memberships
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗
What stands out
- ✓ 5X points up to ₹20,000 and 10X on incremental eligible statement-cycle spend above ₹20,000
- ✓ 30X bonus points on app hotel bookings and 15X bonus points on app flight bookings
- ✓ Four domestic and two international airport lounge visits per quarter after the monthly spend condition
- ✓ Zero forex markup plus movie, golf, railway-lounge, insurance and trip-cancellation benefits
What to watch
The ₹2,999 annual fee has no standard waiver. Rewards stop above the assigned credit limit in a billing cycle, travel bonus points are capped, and the ₹0.40 point value needs eligible app travel redemption.
Recorded exclusions
Fuel Commute · Emi · Cash withdrawal · Fees charges · Loan on card · Balance transfer · Transactions below 150
How GainFair evaluates this card
The personal card advisor applies your monthly spending to category rates, limits rewards at the applicable caps, adds eligible movie, milestone and lounge value, and subtracts annual fees plus foreign-currency markup and GST. It can recommend keeping your current cards when a new card does not create enough incremental value.
Affiliate disclosure: Affiliate link · GainFair may earn a commission if you complete a qualifying action. You pay nothing extra, and compensation never affects recommendations or rankings. Read the full disclosure.
Compare against
These cards have the closest mix of purpose, reward style, fee model and tier. They are suggestions for comparison, not rankings.
Card change history
Material changes verified against dated issuer notices. Effective dates can differ from announcement dates.
- Value reduced
International reward rate scheduled to reduce
The issuer has published a future reduction in points on international purchases.
- Before
- Eligible international purchases earn 5X points and contribute to the 10X threshold.
- After
- Eligible international purchases will earn 2X points from October 26, 2026.
Checked 21 Sept 2026IDFC FIRST Ashva current reward notice ↗ - Value improved
Zero forex markup introduced
IDFC FIRST Bank extended zero forex markup to existing and new credit cards.
- Before
- Ashva carried a 1% foreign-currency markup.
- After
- Eligible foreign-currency purchases carry 0% issuer forex markup.
Checked 21 Sept 2026IDFC FIRST Bank zero-forex announcement ↗
Issuer sources
Open the sources used for this card's product details, rewards, fees and eligibility.
Sources checked 13 Sept 2026 · Latest recorded change effective 17 Sept 2026