IDFC FIRST WOW! Credit Card
IDFC FIRST Bank · Visa · Entry card
A fixed-deposit-backed route to building credit history without conventional income proof, with zero forex markup for eligible international spending.
Students, new-to-credit users, or anyone without income proof who wants to start building credit history.
Terms checked 13 Sept 2026
- Annual fee
- Lifetime free
- Joining fee
- ₹0
- Base reward rate
- 0.5%
- Forex markup
- 0%
Reward rates by spending category
Published catalogue rates before caps and merchant-category exclusions.
| Category | Recorded rate |
|---|---|
| Online shopping | 0.5% |
| Dining & delivery | 0.5% |
| Groceries & essentials | 0.5% |
| Travel & hotels | 0.5% |
| Subscriptions & streaming | 0.5% |
| Beauty & wellness | 0.5% |
| Entertainment & movies | 0.5% |
| Offline store shopping | 0.5% |
| International spending | 0.5% |
| House rent | 0.5% |
| Education & family | 0.5% |
| Healthcare & pharmacy | 0.5% |
| Other miscellaneous | 0.5% |
| Gold & jewellery | 0.5% |
| Bills & utilities | 0.1% |
| Insurance premiums | 0.1% |
| Fuel & commute | 0% |
Caps and fee waiver
- Reward caps
- No general cap recorded
- Annual fee waiver
- Not needed
- Monthly income requirement
- Fixed-deposit backed
Airport lounge access
No complimentary airport lounge access recorded
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 · 3 items
Utility, insurance, rail and FASTag rewards
Usage-based value1 point per ₹200 applies to eligible utility, insurance, railway and FASTag payments.
Eligible everyday rewards
Usage-based value4 points per ₹200 applies to eligible online, offline and international purchases.
Bonus rewards on eligible hotel and flight bookings through FIRST Rewards Gallery
Shown without a cash value
Fees · 1 item
Lifetime-free annual fee
Recorded value ₹-0No annual card fee is recorded under the currently reviewed terms.
Insurance and protection · 2 items
Credit-shield and lost-card fraud protection under issuer terms
Shown without a cash value4X points on eligible online, offline and international spend; 1X on insurance, utilities, FASTag and rail
Shown without a cash value
Foreign-currency charges · 2 items
Zero forex markup
Usage-based value0% foreign-currency markup before applicable tax.
Conditions: Applies to eligible foreign-currency transactions
Zero forex markup and credit limit starting at 100% of the linked fixed deposit
Shown without a cash value
Eligibility and availability · 1 item
Restricted application availability
Shown without a cash valueApplication availability: secured. Resident applicants need a minimum ₹20,000 linked fixed deposit; the NRI route requires an NRE account and ₹25,000 minimum NRE fixed deposit.
Other benefits · 5 items
Zero-interest ATM cash withdrawal until the payment due date, with ₹199 plus GST charged per withdrawal
Shown without a cash value24/7 roadside assistance
Shown without a cash valueOptional ₹199-per-year digital RuPay companion card for UPI payments
Shown without a cash valueFD-backed lifetime-free Visa Infinite card with no income proof or prior credit history required
Shown without a cash valueMinimum resident fixed deposit ₹20,000; NRI route requires ₹25,000 in an NRE fixed deposit
Shown without a cash value
Other categories (12)
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 ↗Welcome benefits
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source ↗Spend milestones
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source ↗Card tiers
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source ↗Airport lounge access
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source ↗Movies and entertainment
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source ↗Travel privileges
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source ↗Dining
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source ↗Golf
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source ↗Fuel benefits
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source ↗Memberships
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source ↗Concierge
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source ↗
What stands out
- ✓ FD-backed lifetime-free Visa Infinite card with no income proof or prior credit history required
- ✓ 4X points on eligible online, offline and international spend; 1X on insurance, utilities, FASTag and rail
- ✓ Zero forex markup and credit limit starting at 100% of the linked fixed deposit
- ✓ Minimum resident fixed deposit ₹20,000; NRI route requires ₹25,000 in an NRE fixed deposit
What to watch
Your credit limit is tied to the fixed deposit you place, so it functions more as a credit-building tool than a rewards-maximiser.
Recorded exclusions
Fuel Commute · Emi · Cash withdrawal · Fees charges
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.
Issuer sources
Open the sources used for this card's product details, rewards, fees and eligibility.
Sources checked 13 Sept 2026